INTERNATIONAL BROTHERHOOD OF BOILERMAKERS LOCAL 40 (EIN 610235273) - 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

1933

Legal Domicile

Principal Officer

DONALD SAMMONS

Phone

2707693022

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL BROTHERHOOD OF BOILERMAKERS LOCAL 40, founded in 1933, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Net assets of $2.7M represent 25 months of operating reserves.

Mission

TO KEEP ORGANIZATIONS MEMBERS EMPLOYED

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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 $0

Program Service Revenue $1,120,366

Investment Income $-14,139

Other Revenue $197,802

TOTAL REVENUE $1,304,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $630,880

Fundraising Expenses $0

Other Expenses $390,016

TOTAL EXPENSES $1,353,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,304,029	$1,277,432	+0.0%
Expenses	$1,353,265	$1,257,211	+0.1%
Net Income	$-49,236	$20,221	-3.4%

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

304

Independent Members

304

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

$247,191

Total Directors

$247,191

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD SAMMONS	SECRETARY-TR	50.00	Officer Director	$117,223	$0	$117,223
KEITH A BIDDLE	REC SEC/ASST	50.00	Officer Director	$112,023	$0	$112,023
TRENTON PRITCHARD	TRUSTEE	1.00	Officer Director	$7,515	$0	$7,515
TERRY C ELMORE	PRESIDENT	1.00	Officer Director	$4,210	$0	$4,210
JESSE ELMORE	CHAIRMAN OF	1.00	Officer Director	$1,881	$0	$1,881
CHRISTOPHER WHITE	INSPECTOR	N/A	Officer Director	$1,772	$0	$1,772
CLINTON HOWARD	TRUSTEE	1.00	Officer Director	$1,314	$0	$1,314
JAMES T ELSWICK	VICE PRESIDE	1.00	Officer Director	$1,253	$0	$1,253
RICKEY J HAFLEY	TRUSTEE	1.00		$881	$0	$881
MATTHEW DOWDY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ROBERT HAYES	TRUSTEE	N/A	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	No data	No data	No data	No data
2024	$1,304,029	$1,353,265	$3,322,422	$-49,236
2023	$1,277,432	$1,257,211	$3,394,029	$20,221
2022	$1,127,977	$1,339,153	$3,312,745	$-211,176
2021	$794,931	$1,166,283	$3,671,847	$-371,352

INTERNATIONAL BROTHERHOOD OF BOILERMAKERS LOCAL 40