INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL UNION NO 175 (EIN 550201582) - Form 990 Financial Analysis & Trantor Score

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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

1935

Legal Domicile

Principal Officer

STEVEN L DAY

Phone

3047442193

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL UNION NO 175, founded in 1935, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Expenses of $2.6M left a modest 4% surplus.

Mission

ORGANIZE ALL WORKERS ELIGIBLE FOR MEMBERSHIP.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,586,074

Investment Income $81,777

Other Revenue $1,417

TOTAL REVENUE $2,669,268

Expense Breakdown

Grants Paid $9,790

Salaries & Benefits $1,456,700

Fundraising Expenses $0

Program Expenses $2,552,005

Other Expenses $1,074,515

TOTAL EXPENSES $2,552,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,669,268	$2,687,277	0.0%
Expenses	$2,552,005	$2,576,822	0.0%
Net Income	$117,263	$110,455	+0.1%

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

$854,380

Total Directors

$882,856

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD K HALL	PRESIDENT	20.00	Officer Director	$101,381	$29,445	$130,826
STEVEN L DAY	PRESIDENT	40.00	Officer Director	$121,850	$59,535	$181,385
DON PERDUE	VICE-PRESIDE	40.00	Officer Director	$137,720	$59,535	$197,255
LUKE S FARLEY	SECRETARY-TR	40.00	Officer Director	$123,972	$59,535	$183,507
JENNA N JEFFREY	RECORDING SE	40.00	Officer Director	$101,872	$59,535	$161,407
GEORGE SCOTT	TRUSTEE	2.00	Director	$10,668	$0	$10,668
DARREN KIMBERLING	TRUSTEE	2.00	Director	$8,360	$0	$8,360
KEVIN MCKINNEY	TRUSTEE	2.00	Director	$9,448	$0	$9,448

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	$2,669,268	$2,552,005	$3,070,033	$117,263
2023	$2,687,277	$2,576,822	$2,950,057	$110,455
2022	$2,454,660	$2,519,767	$2,739,837	$-65,107
2021	$2,642,785	$2,063,055	$3,032,518	$579,730
2020	$2,379,616	$2,076,471	$2,459,260	$303,145
2019	$2,614,230	$2,217,037	$2,157,888	$397,193
2018	$2,756,728	$2,228,949	$1,760,703	$527,779

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL UNION NO 175