SALEM POLICE EMPLOYEES UNION (EIN 930852453) - 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

1975

Legal Domicile

Principal Officer

SCOTT NOWNING

Phone

5035886050

Tax Period

2024-08-01 to 2025-07-31

SALEM POLICE EMPLOYEES UNION, founded in 1975, is a small nonprofit that reported $211K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $186K left a modest 12% surplus.

Mission

TO REPRESENT POLICE EMPLOYEES IN COLLECTIVE BARGAINING AND LABOR DISPUTES.

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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 $196,794

Program Service Revenue $0

Investment Income $14,222

Other Revenue $0

TOTAL REVENUE $211,016

Expense Breakdown

Grants Paid $3,050

Salaries & Benefits $87,813

Fundraising Expenses $0

Other Expenses $94,765

TOTAL EXPENSES $185,628

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,016	$164,616	+0.3%
Expenses	$185,628	$138,875	+0.3%
Net Income	$25,388	$25,741	0.0%

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

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

$78,771

Total Directors

$78,771

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT NOWNING	PRESIDENT	25.00	Officer Director	$56,900	$0	$56,900
TOM JOHNSON	TREASURER	5.00	Officer Director	$8,536	$0	$8,536
VINCENT DAWSON	SECRETARY/SERGEANT REP	5.00	Officer Director	$7,026	$0	$7,026
ADAM BELLO	PREVIOUS SECRETARY	5.00	Officer Director	$6,309	$0	$6,309
BENJAMIN RUDDELL	E-BOARD MEMBER	1.00	Director	$0	$0	$0
JAKE PRATT	E-BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES LIBBY	E-BOARD MEMBER	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
2025	$211,016	$185,628	$336,413	$25,388
2024	$164,616	$138,875	$297,254	$25,741

SALEM POLICE EMPLOYEES UNION