Local 7 International Brotherhood of Trade Unions (EIN 832748561) - 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

Phone

5167415564

Tax Period

2024-01-01 to 2024-12-31

Local 7 International Brotherhood of Trade Unions, founded in 2018, is a community nonprofit in the Employment sector that reported $3.9M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $3.6M left a modest 6% surplus.

Mission

To provide representation of Union Members in contract negotiations with employers and establish benefit programs.

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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 $3,604,413

Investment Income $260,328

Other Revenue $0

TOTAL REVENUE $3,864,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,895,120

Fundraising Expenses $0

Other Expenses $740,774

TOTAL EXPENSES $3,635,894

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,864,741	$3,396,743	+0.1%
Expenses	$3,635,894	$2,970,691	+0.2%
Net Income	$228,847	$426,052	-0.5%

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

$3,881,150

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Dombrowski	Secretary Treas	1.00	Officer	$471,250	$358,624	$1,338,877
Robert M Vella Jr	President	1.00	Officer	$471,250	$258,635	$1,239,027
Robert Scalza	Staff	1.00		$471,250	$150,090	$1,098,131
Alfred Napolitano	Staff	1.00		$471,250	$176,316	$1,096,575
Robert P Vella	First VP	1.00	Officer	$435,000	$193,831	$1,013,399
Joseph Vella	Second VP	1.00	Officer	$145,000	$25,527	$289,847

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	$3,864,741	$3,635,894	$3,366,238	$228,847
2023	$3,396,743	$2,970,691	$3,105,786	$426,052
2022	$3,008,092	$2,314,974	$2,552,633	$693,118
2021	$2,748,123	$1,461,174	$2,007,801	$1,286,949
2020	$1,940,946	$1,317,200	$682,639	$623,746
2019	$806,135	$747,242	$58,893	$58,893

Local 7 International Brotherhood of Trade Unions