INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL 135

EIN: 566085404

CHARLOTTE, NC

Total Revenue
$1,556,242
Total Expenses
$1,279,045
Total Assets
$2,103,957
Net Assets
$2,101,709
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NC
Principal Officer
PATRICK C LAVENDER
Phone
7044555313
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS LOCAL 135, founded in 1959, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $277K, a strong 18% operating margin.

Mission

ORGANIZE ELEVATOR WORKERS AND IMPROVE WAGES, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATIONS AND COLLECTIVE BARGAINING FOR 510 MEMBERS

Program Service Accomplishments

Program 1

THE LOCAL HELPED TO IMPROVE WAGES, HOURS AND WORKING CONDITIOINS BY REPRESENTING MEMBERS IN GRIEVANCE PROCEDURES, ARBITRATION, AND CONTRACT NEGOTIATIONS FOR 510 MEMBERS. ORGANIZING EFFORTS RESULTED...

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THE LOCAL HELPED TO IMPROVE WAGES, HOURS AND WORKING CONDITIOINS BY REPRESENTING MEMBERS IN GRIEVANCE PROCEDURES, ARBITRATION, AND CONTRACT NEGOTIATIONS FOR 510 MEMBERS. ORGANIZING EFFORTS RESULTED IN NEW BARGAING UNITS WHICH HELPS PROMOTE THE PRINCIPLE OF FREE COLLECTIVE BARGAINING AND STRENGTHEN THE UNION'S NUMBERS. ASSIST MEMBERS WITH VARIOUS BENEFIT PROGRAMS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,505,644
Investment Income $49,536
Other Revenue $1,062
TOTAL REVENUE $1,556,242

Expense Breakdown

Grants Paid $4,400
Salaries & Benefits $497,402
Fundraising Expenses $0
Other Expenses $762,243
TOTAL EXPENSES $1,279,045

Year-over-Year Comparison

2025 2024 Change
Revenue $1,556,242 $1,429,022 +0.1%
Expenses $1,279,045 $1,202,902 +0.1%
Net Income $277,197 $226,120 +0.2%
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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Governance

Voting Members
9
Independent Members
N/A
Employees
4
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
10
$322,758
Total Directors
10
$322,758
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK C LAVENDER BUSINESS MGR/FIN SEC 40.00
Officer Director
$145,036 $87,658 $232,694
WILLIAM WALLACE PRESIDENT 2.00
Officer Director
$0 $0 $0
JORDAN MONEY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
STEPHEN MERITHEW WARDEN 2.00
Officer Director
$0 $0 $0
DAVID SOSEBEE E-BOARD 2.00
Officer Director
$0 $0 $0
ERIC JORGENSON E-BOARD 2.00
Officer Director
$0 $0 $0
KEITH NULL E-BOARD 2.00
Officer Director
$0 $0 $0
WESLEY FREIDHAM E-BOARD 40.00
Officer Director
$55,199 $34,865 $90,064
NATHAN SERENA RECORDING SECRETARY 2.00
Officer Director
$0 $0 $0
BILL DELANEY WARDEN 2.00
Officer Director
$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 $1,556,242 $1,279,045 $2,103,957 $277,197
2024 No data No data No data No data
2023 $1,385,270 $1,069,964 $1,609,086 $315,306
2022 $1,191,015 $1,037,219 $1,300,344 $153,796
2021 $1,104,391 $952,270 $1,130,910 $152,121
2020 $1,108,991 $905,228 $979,635 $203,763
2019 $1,052,685 $893,821 $788,733 $158,864
2018 $986,996 $823,753 $616,004 $163,243
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