ADMINISTRATIVE DISTRICT COUNCIL 1 … - Form 990 Financial Data

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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

2022

Legal Domicile

Principal Officer

MICHAEL VOLPENTESTA

Phone

6309412300

Tax Period

2025-01-01 to 2025-12-31

ADMINISTRATIVE DISTRICT COUNCIL 1 OF ILLINOIS OF THE INTERNATIONAL UNION OF B, founded in 2022, is a small nonprofit that reported $360K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $70K, a strong 20% operating margin.

Mission

LABOR MANAGEMENT COOPERATION COMMITTEE

Program Service Accomplishments

Program 1

TO ASSIST WORKERS AND EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS.

Program 2

TO IMPROVE THE EMPLOYMENT OPPORTUNITIES FOR EMPLOYEES, TO EXPAND THE MARKET FOR THE CONSTRUCTION INDUSTRY, TO IMPROVE COMMUNICATIONS BETWEEN LABOR AND MANAGEMENT.

Program 3

TO PROVIDE WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO EXPLORE JOINT APPROACHES TO ORGANIZATION AND EFFECTIVENESS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $348,813

Investment Income $7,682

Other Revenue $3,500

TOTAL REVENUE $359,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $175,106

Fundraising Expenses $0

Other Expenses $114,472

TOTAL EXPENSES $289,578

Year-over-Year Comparison

	2025	2024	Change
Revenue	$359,995	$433,711	-0.2%
Expenses	$289,578	$277,262	+0.0%
Net Income	$70,417	$156,449	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL VOLPENTESTA	TRUSTEE	3.00	Director	$0	$0	$0
HECTOR ARELLANO	TRUSTEE	3.00	Director	$0	$0	$0
MICHAEL SZELAG	TRUSTEE	3.00	Director	$0	$0	$0
MICHAEL VACALA	TRUSTEE	3.00	Director	$0	$0	$0
KEVIN LARSON	TRUSTEE	3.00	Director	$0	$0	$0
BRAD GROVERESIGNED	TRUSTEE	3.00	Director	$0	$0	$0
MICHAEL BRUNO	TRUSTEE	3.00	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
2025	$359,995	$289,578	$476,432	$70,417
2024	$433,711	$277,262	$410,724	$156,449
2023	$329,785	$209,520	$296,408	$120,265
2022	$278,066	$149,505	$146,600	$128,561

ADMINISTRATIVE DISTRICT COUNCIL 1 OF ILLINOIS OF THE INTERNATIONAL UNION OF B