LOCAL UNION 80

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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

1899

Principal Officer

AUSTIN NOBLES

Phone

7574801740

Tax Period

2023-01-01 to 2023-12-31

LOCAL UNION 80, founded in 1899, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $2.9M represent 30 months of operating reserves.

Mission

PROVIDE MEMBERS OF THE LOCAL ELECTRICAL UNION WITH SERVICES AND BENEFITS AND TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS.

Program Service Accomplishments

Program 1

PROVIDE MEMBERS OF THE LOCAL ELECTRICAL UNION WITH SERVICES AND BENEFITS AND TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,122,182

Investment Income $57,248

Other Revenue $2,627

TOTAL REVENUE $1,182,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $620,080

Fundraising Expenses $0

Other Expenses $522,539

TOTAL EXPENSES $1,151,325

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,182,057	$1,575,494	-0.2%
Expenses	$1,151,325	$1,071,508	+0.1%
Net Income	$30,732	$503,986	-0.9%

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

N/A

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

$18,518

Total Directors

$121,948

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT BLANKENBURG	PRESIDENT	2.00	Officer	$8,541	$0	$8,541
LARRY SHAFFER	VICE PRESIDE	2.00	Officer	$1,676	$0	$1,676
AUSTIN NOBLES	TREASURER	2.00	Officer	$2,810	$0	$2,810
TYLER WHITLEY	RECORDING SE	2.00	Officer	$5,491	$0	$5,491
FRED LINKENHOKER	EXECUTIVE BO	2.00	Director	$1,073	$0	$1,073
STEVE SMITH	EXECUTIVE BO	2.00	Director	$619	$0	$619
TONY BLACKMAN	EXECUTIVE BO	2.00	Director	$670	$0	$670
DAVID BOUDLOCHE	EXECUTIVE BO	2.00	Director	$804	$0	$804
WESLEY GARCIA	EXECUTIVE BO	40.00	Director	$1,140	$0	$1,140
LAWRENCE HARR	EXEC BOARD/O	2.00	Director	$89,501	$28,141	$117,642

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
2024	No data	No data	No data	No data
2023	$1,182,057	$1,151,325	$3,040,451	$30,732
2022	$1,575,494	$1,071,508	$2,905,352	$503,986
2021	$1,440,350	$993,422	$2,694,980	$446,928
2020	$812,067	$895,661	$2,264,205	$-83,594
2019	$921,461	$896,093	$2,136,536	$25,368
2018	$904,720	$1,027,328	$1,941,749	$-122,608