TEAMSTERS LOCAL UNION 651

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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

1972

Legal Domicile

Principal Officer

BRANDON GROW

Phone

8592635115

Tax Period

2025-01-01 to 2025-12-31

TEAMSTERS LOCAL UNION 651, founded in 1972, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2025.

Mission

TO ORGANIZE WORKERS IN COVERED INDUSTRIES, TO ASSIST MEMBERS IN NEGOTIATIONS AND TO REPRESENT THEM IN GRIEVANCE, ARBITRATION AND MEDIATION.

Program Service Accomplishments

Program 1

THE LOCAL UNION SERVED APPROXIMATELY 3,531 MEMBERS AND PROVIDED CONTRACT ADMINISTRATION, SETTLED GRIEVANCES AND IN GENERAL PROTECTED THE WELFARE OF THE MEMBERS IN THEIR WORKPLACE

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,457,386

Investment Income $30,344

Other Revenue $120,095

TOTAL REVENUE $2,607,825

Expense Breakdown

Grants Paid $21,921

Salaries & Benefits $1,397,560

Fundraising Expenses $0

Other Expenses $1,202,426

TOTAL EXPENSES $2,621,907

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,607,825	$2,513,909	+0.0%
Expenses	$2,621,907	$2,471,253	+0.1%
Net Income	$-14,082	$42,656	-1.3%

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

N/A

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

$585,050

Total Directors

$648,696

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BRANT	PRESIDENT	40.00	Officer Director	$160,636	$45,573	$216,109
JOSEPH LANCE	VICE PRESIDENT	40.00	Officer Director	$120,518	$45,573	$166,091
BRANDON GROW	SECRETARY TREASURER	40.00	Officer Director	$126,823	$45,573	$172,396
KRISTINA HICKS	RECORDING SECRETARY	10.00	Officer Director	$30,454	$0	$30,454
JOE MELVIN	TRUSTEE	20.00	Director	$29,034	$0	$29,034
LISA JACKSON	TRUSTEE	5.00	Director	$17,264	$0	$17,264
JOSH MARTIN	TRUSTEE	4.00	Director	$17,348	$0	$17,348

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	$2,607,825	$2,621,907	$1,107,208	$-14,082
2024	$2,513,909	$2,471,253	$1,086,255	$42,656
2023	$2,348,750	$2,470,073	$1,019,400	$-121,323
2022	$2,236,913	$2,241,085	$1,113,595	$-4,172
2021	$2,202,037	$1,853,368	$1,154,506	$348,669
2020	$1,957,444	$1,739,582	$792,146	$217,862
2019	$1,894,359	$1,970,536	$563,143	$-76,177
2018	$1,807,980	$1,997,216	$625,458	$-189,236