INTERNATIONAL UNION OF ELEVATOR CO… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1902

Legal Domicile

Principal Officer

JOHN O'CONNOR

Phone

3017021010

Tax Period

2022-07-01 to 2023-06-30

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL NO 10, founded in 1902, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2022.

Mission

Program Service Accomplishments

Program 1

THE PURPOSE OF THE UNION IS TO ENCOURAGE A HIGHER STANDARD OF SKILL AMONG ITS MEMBERS, TO CULTIVATE A FEELING OF FRIENDSHIP AMONG THE CRAFT, TO OBTAIN AND MAINTAIN A FAIR WAGE, TO ASSIST IN SECURING EMPLOYMENT, AND TO ENGAGE IN ACTIVITIES THAT FURTHER THE INTEREST OF THIS ORGANIZATION. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,534,913

Investment Income $3,669

Other Revenue $78,829

TOTAL REVENUE $3,617,411

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,569,240

Fundraising Expenses $0

Other Expenses $1,902,106

TOTAL EXPENSES $3,780,351

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,617,411	$3,561,467	+0.0%
Expenses	$3,780,351	$3,488,641	+0.1%
Net Income	$-162,940	$72,826	-3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$941,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP DEMPSEY SR	TRUSTEE	1.00	Director	$0	$0	$0
JUSTIN KENNY	TRUSTEE	1.00	Director	$0	$0	$0
WYATT BATES	TRUSTEE	1.00	Director	$0	$0	$0
JOHN O'CONNOR	BUSINESS MANAGER	49.00	Officer	$157,160	$83,015	$240,175
RALPH GRAY JR	BUSINESS AGENT	47.00	Officer	$150,841	$80,962	$231,803
MICHAEL QUINONES	BUSINESS AGENT	48.00	Officer	$140,312	$74,409	$214,721
DALE MEUNIER	BUSINESS AGENT	48.00	Officer	$83,042	$39,557	$122,599
BRUCE ZEMBOWER	TREASURER - PREVIOUS	9.00	Officer	$39,348	$13,785	$53,133
MATTHEW GUTHRIE	FINANCIAL SECRETARY	9.00	Officer	$26,050	$8,302	$34,352
VANCE AYRES	RECORDING SECRETARY	4.00	Officer	$12,214	$3,997	$16,211
JEREMY FOX	PRESIDENT	2.00	Officer	$15,145	$4,168	$19,313
TONI MOSSCROP	WARDEN	1.00	Officer	$2,908	$970	$3,878
CHRISTOPER GRAY	VICE PRESIDENT	1.00	Officer	$1,466	$323	$1,789
ANTHONY HEMLER-HILL	WARDEN	1.00	Officer	$452	$162	$614
SCOTT LONG	EXECUTIVE BOARD	1.00	Officer	$0	$0	$0
NICHOLAS LASTRE	EXECUTIVE BOARD-PREVIOUS	1.00	Officer	$0	$0	$0
JAMES COLLIFLOWER	EXECUTIVE BOARD	1.00	Officer	$0	$0	$0
ERIC RUSSI	WARDEN	1.00	Officer	$0	$0	$0
ROBERT EMMERT JR	EXECUTIVE BOARD-PREVIOUS	1.00	Officer	$0	$0	$0
THOMAS DOUGHERTY	EXECUTIVE BOARD-PREVIOUS	1.00	Officer	$0	$0	$0
GARY DWYER	EXECUTIVE BOARD	1.00	Officer	$452	$162	$614
JOHN LUSK	EXECUTIVE BOARD	1.00	Officer	$489	$0	$489
STEPHEN MCGRAW	WARDEN-PREVIOUS	1.00	Officer	$0	$0	$0
JOHN MATTHEWS	JOURNAL CORRESPONDENT	1.00	Officer	$0	$0	$0
ERIC ELLIS	EXECUTIVE BOARD-PREVIOUS	1.00	Officer	$0	$0	$0
DUSTIN NISEWARNER	EXECUTIVE BOARD	1.00	Officer	$0	$0	$0
JAMES CAPARROTTA	EXECUTIVE BOARD	1.00	Officer	$489	$0	$489
ROBERT GREULICH	EXECUTIVE BOARD	1.00	Officer	$452	$0	$452
JONATHAN GREULICH	EXECUTIVE BOARD	1.00	Officer	$452	$0	$452
KENNETH EYLER	EXECUTIVE BOARD	1.00	Officer	$0	$0	$0
JIMMY LAWSON	TREASURER	9.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,617,411	$3,780,351	$6,342,902	$-162,940
2022	$3,561,467	$3,488,641	$6,477,438	$72,826
2021	$3,696,614	$3,235,919	$6,404,547	$460,695
2020	$3,506,102	$2,991,405	$5,946,032	$514,697
2019	$3,509,586	$2,960,975	$5,430,569	$548,611
2018	$3,221,722	$3,157,854	$4,886,659	$63,868

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL NO 10