ILA Clerks And Checkers Local 1771

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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

1950

Legal Domicile

Principal Officer

Robert Stripling

Phone

8437231774

Tax Period

2024-01-01 to 2024-12-31

ILA Clerks And Checkers Local 1771, founded in 1950, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $238K, a strong 21% operating margin.

Mission

To promote solidarity and welfare of the members of the International Longshoremen's Association Local 1771 Clerks and Checkers.

Program Service Accomplishments

Program 1

To promote solidarity and welfare of the members of the International Longshoremen's Association Local 1771 Clerks and Checkers. Local 1771, founded in Charleston, on June 9, 1950, provides Marine...

To promote solidarity and welfare of the members of the International Longshoremen's Association Local 1771 Clerks and Checkers. Local 1771, founded in Charleston, on June 9, 1950, provides Marine Clerks, Chief Clerks, Timekeepers, Checkers, Weighers, TIR Clerks, Tallymen and Inspectors for all stevedoring companies including cruise vessels doing business in one of the nations busiest sea ports. We are first, second, third, fourth, and even fifth generation Longshoremen. Each of us is extremely proud of the history and legacy we have inherited, and each of us share in the responsibility to build upon the legacy that was left by those who have gone on before.

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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 $1,044,726

Investment Income $68,710

Other Revenue $13

TOTAL REVENUE $1,113,449

Expense Breakdown

Grants Paid $16,810

Salaries & Benefits $533,491

Fundraising Expenses $0

Other Expenses $325,174

TOTAL EXPENSES $875,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,113,449	$971,777	+0.1%
Expenses	$875,475	$790,305	+0.1%
Net Income	$237,974	$181,472	+0.3%

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

150

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

$286,182

Total Directors

$331,979

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lance McLauglin	President	48.00	Officer Director	$143,365	$42,128	$185,493
Ralph Campell	Vice President	15.00	Officer Director	$44,498	$0	$44,498
Robert Stripling	Treasurer	15.00	Officer Director	$33,942	$0	$33,942
Justin Fogle	Secretary	8.00	Officer Director	$22,249	$0	$22,249
Daniel Naone	Trustee	2.00	Director	$12,018	$0	$12,018
Jay Holliday	Trustee	6.00	Director	$11,206	$0	$11,206
R Neal Edgerton	Trustee	7.00	Director	$11,530	$0	$11,530
Stephen Mizzell II	Trustee	2.00	Director	$11,043	$0	$11,043

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	$1,113,449	$875,475	$2,329,852	$237,974
2023	$971,777	$790,305	$2,090,802	$181,472
2022	$1,101,892	$776,019	$1,910,637	$325,873
2021	$964,695	$650,201	$1,584,716	$314,494
2020	$786,586	$556,563	$1,266,864	$230,023