INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 7 BUILDING CORP (EIN 832433947) - 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

2018

Legal Domicile

Principal Officer

Daniel D'Alma

Phone

4137347137

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 7 BUILDING CORP, founded in 2018, is a small nonprofit that reported $531K in total revenue in fiscal year 2024.

Mission

The local 7 building corporation is a supporting organization that holds real estate for the benefit of the local 7 union

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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 $0

Investment Income $270

Other Revenue $530,500

TOTAL REVENUE $530,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $530,927

Other Expenses $530,926

TOTAL EXPENSES $530,926

Year-over-Year Comparison

	2024	2023	Change
Revenue	$530,770	$512,353	+0.0%
Expenses	$530,926	$584,945	-0.1%
Net Income	$-156	$-72,592	-1.0%

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

N/A

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

$513,190

Total Directors

$513,190

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel D'Alma	Business Mgr.	1.00	Officer Director	$0	$53,186	$171,455
Robert Wilson	Member Dev.	1.00	Officer Director	$0	$53,186	$166,359
Jeremy Dunn	Business Mgr.	1.00	Officer Director	$0	$53,186	$166,359
Eric Ashline	President	1.00	Officer Director	$0	$0	$2,655
Michael Durkee Sr	Secretary	1.00	Officer Director	$0	$0	$2,362
Adam Bergeron	Treasurer	1.00	Officer Director	$0	$0	$2,000
Colin Boone	Vice President	1.00	Officer Director	$0	$0	$2,000
Aaron Brown	Director	1.00	Director	$0	$0	$0
Marcus Cardosa	Director	1.00	Director	$0	$0	$0
Stan Piskorski Jr	Director	1.00	Director	$0	$0	$0
William Mackinnon	Director	1.00	Director	$0	$0	$0
Jim Boze	Director	1.00	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	$530,770	$530,926	$5,115,275	$-156
2023	$512,353	$584,945	$5,206,763	$-72,592
2022	$548,079	$573,583	$4,933,414	$-25,504
2021	$285,601	$198,493	$5,037,265	$87,108

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 7 BUILDING CORP