INTERNATIONAL BROTHERHOOD OF 0551 LOCAL UNION (EIN 941104872) - 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

1948

Legal Domicile

Principal Officer

John McEntagart

Phone

7075423505

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF 0551 LOCAL UNION, founded in 1948, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023.

Mission

Maintaining local union operations

🔒

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 $1,935,420

Program Service Revenue $0

Investment Income $35,884

Other Revenue $36,990

TOTAL REVENUE $2,008,294

Expense Breakdown

Grants Paid $41,880

Salaries & Benefits $1,128,400

Fundraising Expenses $0

Other Expenses $798,749

TOTAL EXPENSES $1,969,029

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,008,294	$1,869,724	+0.1%
Expenses	$1,969,029	$2,148,837	-0.1%
Net Income	$39,265	$-279,113	-1.1%

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

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

$560,291

Total Directors

$560,291

Key Employees

$528,473

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN McENTAGART	BA	049.00	Officer Director Key Emp Highest	$183,631	$0	$183,631
JARED MUMM	ABA	048.00	Officer Director Key Emp	$173,771	$0	$173,771
J TREMAINE	RECORDING SECRETARY	048.00	Officer Director Key Emp	$171,071	$0	$171,071
NICHOLAS PAGLIA	PRESIDENT	006.00	Officer Director	$11,736	$0	$11,736
STEPHANIE HALL	BOARD MEMBER	003.00	Officer Director	$9,015	$0	$9,015
ADRIAN HARDESTRY	BOARD MEMBER	003.00	Officer Director	$5,874	$0	$5,874
SEAN CORCORAN	BOARD MEMBER	003.00	Officer Director	$1,919	$0	$1,919
MARK DOHNER	TREASURER	003.00	Officer Director	$1,358	$0	$1,358
PATRICK WHEELER	BOARD MEMBER	003.00	Officer Director	$1,236	$0	$1,236
HANNAH KAUFMAN	BOARD MEMBER	003.00	Officer Director	$680	$0	$680

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	No data	No data	No data	No data
2023	$2,008,294	$1,969,029	$2,607,103	$39,265
2022	$1,869,724	$2,148,837	$2,528,826	$-279,113
2021	$1,982,732	$1,784,735	$2,818,138	$197,997
2020	$2,145,201	$1,831,389	$2,614,173	$313,812
2019	$2,061,554	$1,864,526	$2,296,942	$197,028
2018	$1,695,048	$1,449,689	$2,092,897	$245,359

INTERNATIONAL BROTHERHOOD OF 0551 LOCAL UNION