NEWARK, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEAVY & GENERAL LABORERS UNION LOCALS 472 & 172 OF NJ MARKET RECOVERY FUND, founded in 2021, is a community nonprofit in the Employment sector that reported $7.1M in total revenue in fiscal year 2024. The organization ran a surplus of $6.8M, a strong 95% operating margin.
TO IMPROVE COMMUNICATIONS AND ENGENDER COOPERATIVE AND HARMONIOUS RELATIONS BETWEEN AND AMONG REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE INDUSTRY, AND PROVIDE A FORUM FOR DISCUSSION OF MATTERS OF MUTUAL INTEREST AND TO PRESERVE, IDENTIFY AND EXPAND WORK OPPORTUNITIES FOR EMPLOYEES REPRESENTED BY THE UNION AND THEIR EMPLOYERS IN THE INDUSTRY.
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 | $7,096,808 | $6,745,191 | +0.1% |
| Expenses | $332,853 | $64,257 | +4.2% |
| Net Income | $6,763,955 | $6,680,934 | +0.0% |
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 |
|---|---|---|---|---|---|---|
| MANUEL AMADOR JR | CO-CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK KOCSIS JR | CO-CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL GIUNTA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY S WATERS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL E HELLSTROM JR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK CRISCOLA JR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LUIS RECIO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NELSON FERREIRA | TRUSTEE - THRU 4/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY CAPACCIO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID RIBLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN DELPOME | TRUSTEE - EFF 4/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL BLEY | ADMINISTRATOR | 5.00 |
Officer
|
$0 | $78,294 | $268,466 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,096,808 | $332,853 | $21,967,430 | $6,763,955 |
| 2024 | $6,745,191 | $64,257 | $15,007,018 | $6,680,934 |
| 2023 | $1,078,482 | $8,054 | $7,321,278 | $1,070,428 |
| 2022 | $6,298,821 | $47,971 | $6,250,850 | $6,250,850 |
Compare HEAVY & GENERAL LABORERS UNION LOCALS 472 & 172 OF NJ MARKET RECOVERY FUND with other nonprofits in New Jersey and across the country.