DES PLAINES, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IRON WORKERS REGIONAL SHOP LOCAL UNION 853, founded in 2018, is a small nonprofit that reported $880K in total revenue in fiscal year 2024.
THE PURPOSE OF THE LOCAL IS TO ORGANIZE, UNITE, AND ASSIST PERSONS IN IMPROVING WAGES, HOURS, BENEFITS, AND WORKING CONDITIONS; TO OBTAIN STATUS OF EXCLUSIVE BARGAINING REPRESENTATIVES OF PERSONS EMPLOYED WITHIN THE LOCAL'S JURISDICTION AND TO PROCESS AND RESOLVE GRIEVANCES AND ALL OTHER RIGHTS ARISING OUT OF SUCH COLLECTIVE BARGAINING RELATIONSHIPS; TO ADVANCE AND SAFEGUARD THE FULL EMPLOYMENT, ECONOMIC SECURITY, AND SOCIAL WELFARE OF ITS MEMBERS.
THE LABOR UNION REPRESENTS ITS MEMBERSHIP TO MAINTAIN STANDARDS, PROVIDE SECURITY, NEGOTIATE FAIR WAGES AND ARBITRATE DIFFERENCES BETWEEN MANAGEMENT AND LABOR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $879,983 | $881,802 | 0.0% |
| Expenses | $945,619 | $944,307 | +0.0% |
| Net Income | $-65,636 | $-62,505 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM YOUNG | PRES/FIN SEC TREASURER | 40.00 |
Officer
|
$82,724 | $31,237 | $113,961 |
| ANDREW QUINN | REC SECRETARY | 3.00 |
Officer
|
$0 | $0 | $0 |
| DUANE NEUMAIER | EXEC BD | 3.00 |
Officer
|
$838 | $0 | $838 |
| ROBERT RITZ | EXEC BD | 3.00 |
Officer
|
$0 | $0 | $0 |
| MATT RANKIN | EXEC BD | 3.00 |
Officer
|
$0 | $0 | $0 |
| JEREMY VESTWEBER | EXEC BD | 3.00 |
Officer
|
$0 | $0 | $0 |
| JUSTIN MORNINGSTAR | EXEC BD | 3.00 |
Officer
|
$0 | $0 | $0 |
| DOMINIQUE CROSBY | TRUSTEE | 3.00 |
Officer
|
$0 | $0 | $0 |
| STEVEN STEPIEN | TRUSTEE | 3.00 |
Officer
|
$0 | $0 | $0 |
| DILLON HUNTZINGER | SGT AT ARMS | 3.00 |
Officer
|
$0 | $0 | $0 |
| GARY PENROSE | FORMER SGT AT ARMS | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $879,983 | $945,619 | $509,154 | $-65,636 |
| 2024 | $881,802 | $944,307 | $590,549 | $-62,505 |
| 2023 | $954,485 | $1,009,314 | $574,056 | $-54,829 |
| 2022 | $965,531 | $831,503 | $628,885 | $134,028 |
| 2021 | $998,922 | $987,371 | $576,897 | $11,551 |
Compare IRON WORKERS REGIONAL SHOP LOCAL UNION 853 with other nonprofits in Illinois and across the country.