ELEVATOR CONSTRUCTORS AFL-CIO LU 00049

EIN: 590670269

JACKSONVILLE, FL

Total Revenue
$526,624
Total Expenses
$488,213
Total Assets
$472,740
Net Assets
$471,739
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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
1914
Legal Domicile
FL
Principal Officer
CHAD WATERS
Phone
9043532570
Tax Period
2025-01-01 to 2025-12-31

ELEVATOR CONSTRUCTORS AFL-CIO LU 00049, founded in 1914, is a small nonprofit that reported $527K in total revenue in fiscal year 2025. Expenses of $488K left a modest 7% surplus.

Mission

Labor Union

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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 $517,031
Investment Income $8,923
Other Revenue $670
TOTAL REVENUE $526,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,787
Fundraising Expenses $0
Program Expenses $488,213
Other Expenses $246,937
TOTAL EXPENSES $488,213

Year-over-Year Comparison

2025 2024 Change
Revenue $526,624 $506,586 +0.0%
Expenses $488,213 $460,262 +0.1%
Net Income $38,411 $46,324 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
184
Employees
1
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
4
$136,954
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD WATERS Financial Secretary 044.00
Officer Highest
$136,954 $0 $136,954
JEREMIAH REDDISH President 002.00
Officer
$0 $0 $0
JOEY SCAFF Vice President 002.00
Officer
$0 $0 $0
HASKELL ALFORD Treasurer 002.00
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 $526,624 $488,213 $472,740 $38,411
2024 $506,586 $460,262 $433,328 $46,324
2023 $425,141 $420,816 $388,973 $4,325
2022 $438,913 $419,102 $384,749 $19,811
2021 $415,604 $407,613 $364,939 $7,991
2020 $411,492 $370,305 $357,795 $41,187
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