UNION LABOR RETIREMENT ASSOCIATION (EIN 936032678) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

DEAN E KIRKLAND

Phone

5032314922

Tax Period

2023-07-01 to 2024-06-30

UNION LABOR RETIREMENT ASSOCIATION, founded in 1964, is a community nonprofit in the Housing & Shelter sector that reported $5.8M in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.7M, a strong 29% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING FOR ELDERLY AND OTHER LOW INCOME RESIDENTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,212,048

Investment Income $595,806

Other Revenue $0

TOTAL REVENUE $5,807,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $670,045

Fundraising Expenses $0

Program Expenses $4,147,516

Other Expenses $3,477,471

TOTAL EXPENSES $4,147,516

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,807,854	$18,313,345	-0.7%
Expenses	$4,147,516	$3,105,991	+0.3%
Net Income	$1,660,338	$15,207,354	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD BARNES	DIRECTOR	N/A	Director	$0	$0	$0
DEAN E KIRKLAND	PRESIDENT	N/A	Officer Director	$0	$0	$0
VICTORIA KIRKLAND	SECRETARY-TR	N/A	Officer Director	$0	$0	$0
KRISTIN KIRKLAND	EXEC VICE-PR	N/A	Officer Director	$0	$0	$0
JACK ROY	DIRECTOR	N/A	Director	$0	$0	$0
DREW SIMPSON	VICE-PRESIDE	N/A	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	No data	No data	No data	No data
2024	$5,807,854	$4,147,516	$58,346,318	$1,660,338
2023	$18,313,345	$3,105,991	$56,963,585	$15,207,354
2022	$2,527,173	$2,192,654	$34,537,149	$334,519
2021	$2,359,366	$1,933,515	$31,402,860	$425,851
2020	$2,516,916	$1,690,095	$30,757,621	$826,821
2019	$1,829,487	$1,668,407	$3,860,891	$161,080
2019	$1,829,487	$1,689,107	$29,984,236	$140,380

UNION LABOR RETIREMENT ASSOCIATION