INTERNATIONAL ASSOCIATION OF HEAT & 51 AWIA (EIN 616038500) - 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

1918

Legal Domicile

Principal Officer

ASA GLENN

Phone

5023270645

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF HEAT & 51 AWIA, founded in 1918, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $680K, a strong 44% operating margin.

Mission

UNION ORGANIZATION PROVIDE A PROFESSIONAL BARGAINING UNIT TO REPRESENT THE INTERESTS OF THE UNION IN THE ARBITRATION PROCESS; TO IMPROVE OCCUPATIONAL HEALTH & SAFETY;

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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 $1,501,850

Program Service Revenue $34,424

Investment Income $14,413

Other Revenue $4,175

TOTAL REVENUE $1,554,862

Expense Breakdown

Grants Paid $169,203

Salaries & Benefits $146,893

Fundraising Expenses $0

Other Expenses $558,426

TOTAL EXPENSES $874,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,554,862	$881,067	+0.8%
Expenses	$874,522	$680,353	+0.3%
Net Income	$680,340	$200,714	+2.4%

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

115

Independent Members

N/A

Employees

Volunteers

100

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

$181,363

Total Directors

$15,207

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASA GLENN	PRESIDENT/ORGANIZER	40.50	Officer	$59,509	$5,843	$65,352
CLARK HEIM	FIN SEC	12.00	Officer	$30,504	$1,200	$31,704
BRIAN FINEGAN	BUS MGR/RECORDING SEC	40.00	Officer Highest	$73,907	$5,683	$79,590
JEFFERY T LANGLEY	VICE PRESIDENT	0.50	Officer	$0	$4,717	$4,717
DAVID SCHULTEN	TRUSTEE/E-BOARD	0.50	Director	$0	$370	$370
ROBERT MILES	TRUSTEE/E-BOARD	0.50	Director	$0	$2,336	$2,336
GREG THOMPSON	TRUSTEE	0.25	Director	$0	$0	$0
SHANNON OWENS	E-BOARD	0.25	Director	$0	$0	$0
TROY KESSINGER	E-BOARD	0.25	Director	$0	$549	$549
JASON LINTELMAN	E-BOARD	0.23	Director	$0	$11,952	$11,952

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	$1,554,862	$874,522	$1,217,383	$680,340
2023	$881,067	$680,353	$670,179	$200,714
2022	$726,569	$693,789	$549,158	$32,780
2021	$682,715	$626,392	$500,056	$56,323
2020	$698,632	$730,193	$456,776	$-31,561

INTERNATIONAL ASSOCIATION OF HEAT & 51 AWIA