INTERNATIONAL UNION OF ELEVATOR 52

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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

1919

Legal Domicile

Principal Officer

DANIEL BEARD

Tax Period

2023-09-01 to 2024-08-31

INTERNATIONAL UNION OF ELEVATOR 52, founded in 1919, is a small nonprofit that reported $411K in total revenue in fiscal year 2023. Expenses of $359K left a modest 13% surplus.

Mission

DULY AUTHORIZED LABOR UNION FOR THE WELFARE OF ITS MEMBERS IN BARGAINING FOR WAGES, HEALTH AND RETIREMENT BENEFITS.

Program Service Accomplishments

Program 1

DULY AUTHORIZED LABOR UNION FOR THE WELFARE OF ITS MEMBERS INBARGAINING FOR WAGES, HEALTH AND RETIREMENT BENEFITS

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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 $411,226

Program Service Revenue $0

Investment Income $131

Other Revenue $0

TOTAL REVENUE $411,357

Expense Breakdown

Grants Paid $2,250

Salaries & Benefits $142,427

Fundraising Expenses $0

Other Expenses $126,549

TOTAL EXPENSES $358,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$411,357	N/A	N/A
Expenses	$358,736	N/A	N/A
Net Income	$52,621	N/A	N/A

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

104

Independent Members

104

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE WESSELL	TRUSTEE	0.00	Director	$0	$0	$0
JACOB CAIN	TRUSTEE	0.00	Director	$0	$0	$0
BRIAN VINE	TRUSTEE	0.00	Director	$0	$0	$0
JOHN PROCTOR	EXECUTIVE BOARD	0.00	Director	$0	$0	$0
CHRISTOPHER TALB0T	EXECUTIVE BOARD	0.00	Director	$0	$0	$0
KENNETH MADDREY	EXECUTIVE BOARD	0.00	Officer	$0	$0	$0
JOEY WESSELL	PRESIDENT	40.00	Officer	$0	$0	$0
DANIEL BEARD	V-PRES	0.00	Officer	$0	$0	$0
MATTHEW WILGUS	EXECUTIVE BOARD	0.00	Officer	$0	$0	$0
CHRISTOPHER GEARY	EXECUTIVE BOARD	0.00	Officer	$0	$0	$0
KENTON BRADFORD	WARDEN	0.00	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
2025	No data	No data	No data	No data
2024	$411,357	$358,736	$443,732	$52,621
2023	$384,636	$375,174	$391,909	$9,462
2022	$378,823	$349,203	$379,566	$29,620
2021	$371,677	$322,075	$349,955	$49,602
2020	$351,260	$349,645	$303,007	$1,615
2019	$390,377	$320,735	$300,418	$69,642