SERVICE EMPLOYEES UNION 205 (EIN 620730229) - 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

1985

Legal Domicile

Principal Officer

JESSICA STEWART

Phone

6152275070

Tax Period

2024-01-01 to 2024-12-31

SERVICE EMPLOYEES UNION 205, founded in 1985, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $403K, a strong 16% operating margin.

Mission

IS A UNION WHOSE GOAL IS TO BUILD ECONOMIC, POLITICAL AND SOCIAL POWER FOR ITS MEMBERS, THEIR FAMILIES AND ALL WORKING POEPLE WITHIN THE STATE OF TENNESSEE.

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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 $2,326,667

Investment Income $228,249

Other Revenue $28,980

TOTAL REVENUE $2,583,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,376,548

Fundraising Expenses $0

Other Expenses $803,913

TOTAL EXPENSES $2,180,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,583,896	$2,137,872	+0.2%
Expenses	$2,180,461	$1,957,242	+0.1%
Net Income	$403,435	$180,630	+1.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

$240,847

Total Directors

$243,698

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEE GRAY	TREASURER	0.50	Officer Director	$1,458	$0	$1,458
BERRY WOODS	TRUSTEE	0.00	Director	$0	$0	$0
BRAD RAYSON	PRESIDENT	40.00	Officer Director	$60,481	$45,781	$106,262
BRENDA SHIELDS	EXEC VP OF ORGANIZING	0.00	Officer Director	$2,460	$0	$2,460
CAROL WILSON	TRUSTEE	0.00	Director	$0	$0	$0
DAVE MARTIN JR	TRUSTEE	0.00	Director	$0	$0	$0
DERRIS WARREN	TRUSTEE	0.00	Director	$0	$0	$0
DEVITA MCGEE-PRYOR	TRUSTEE	0.00	Director	$0	$0	$0
DIANE MOORE	TRUSTEE	0.00	Director	$0	$0	$0
DIEDRA GRANT	TRUSTEE	0.00	Director	$0	$0	$0
DONNA MASON	TRUSTEE	0.00	Director	$0	$0	$0
ELAINE OWENS	TRUSTEE	0.00	Director	$0	$0	$0
GREGORY HANSERD	EXECUTIVE VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
GREGORY PRICE	TRUSTEE	0.00	Director	$0	$0	$0
HAVRON BOYD	TRUSTEE	0.00	Director	$0	$0	$0
JACK WATKINS	TRUSTEE	0.00	Director	$0	$0	$0
JASON MONTINI	TRUSTEE	0.00	Director	$1,518	$0	$1,518
JASSY GUINN-SMITH	TRUSTEE	0.00	Director	$0	$0	$0
JOHN MCCOY	TRUSTEE	0.00	Director	$0	$0	$0
JOHNNY DAVIS	TRUSTEE	0.00	Director	$0	$0	$0
KELLY LAWRENCE	TRUSTEE	0.00	Director	$0	$0	$0
LATISHA SMITH	TRUSTEE	0.00	Director	$0	$0	$0
LEONARD MINOR III	TRUSTEE	0.00	Director	$0	$0	$0
LILDEUS HERETH	RECORDING SECRETARY	0.50	Officer Director	$0	$0	$0
LISA ZOCCO	TRUSTEE	0.00	Director	$0	$0	$0
RAYMOND BROUGHTON	TRUSTEE	0.00	Director	$0	$0	$0
RHONDA DOBSON	TRUSTEE	0.00	Director	$1,333	$0	$1,333
SEBRINA JACKSON	TRUSTEE	0.00	Director	$0	$0	$0
SALLIE WOODARD	TRUSTEE	0.00	Director	$0	$0	$0
STACY SMITH	TRUSTEE	0.00	Director	$0	$0	$0
STEPHEN WEST	TRUSTEE	0.00	Director	$0	$0	$0
TOSHA HYLER	TRUSTEE	0.00	Director	$0	$0	$0
TRACY FAIR	TRUSTEE	0.00	Director	$0	$0	$0
JESSICA STEWART	PRESIDENT	40.00	Officer Director	$97,832	$32,835	$130,667
FREDA PLAYER	TRUSTEE	0.00	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
2024	No data	No data	No data	No data
2024	$2,583,896	$2,180,461	$3,251,081	$403,435
2023	$2,137,872	$1,957,242	$2,895,009	$180,630
2022	$1,865,850	$2,031,206	$2,532,525	$-165,356
2021	$2,259,030	$1,931,760	$3,058,702	$327,270
2020	$1,893,476	$1,756,226	$2,636,043	$137,250
2019	$1,952,323	$1,875,558	$2,389,283	$76,765
2018	$1,819,485	$1,745,124	$2,127,938	$74,361

SERVICE EMPLOYEES UNION 205