Redwood Empire Chapter NECA

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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

1954

Legal Domicile

Phone

7077651050

Tax Period

2024-01-01 to 2024-12-31

Redwood Empire Chapter NECA, founded in 1954, is a small nonprofit that reported $831K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $719K left a modest 13% surplus.

Mission

The organization's primary purpose is to improve communication between management and labor and to educate both management and labor of new technologies and safety procedures.

Program Service Accomplishments

Program 1

The organization's primary purpose is to improve communication between management and labor and to educate both management and labor of new technologies and safety procedures.

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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 $766,612

Program Service Revenue $0

Investment Income $31,697

Other Revenue $32,404

TOTAL REVENUE $830,713

Expense Breakdown

Grants Paid $0

Salaries & Benefits $395,386

Fundraising Expenses $0

Other Expenses $323,214

TOTAL EXPENSES $718,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$830,713	$641,435	+0.3%
Expenses	$718,600	$626,098	+0.1%
Net Income	$112,113	$15,337	+6.3%

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

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

$290,157

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anisa Thomsen	Secretary	40.00	Officer	$216,667	$73,490	$290,157
Ed Gugel	Treasurer	5.00	Officer Director	$0	$0	$0
Eric Nogelberg	Director	5.00	Director	$0	$0	$0
Chris Tyler	Vice President	5.00	Officer Director	$0	$0	$0
Jolene Corcoran	President	5.00	Officer Director	$0	$0	$0
Robin Cantarutti	Director	5.00	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	No data	No data	No data	No data
2024	$830,713	$718,600	$1,109,967	$112,113
2023	$641,435	$626,098	$1,008,321	$15,337
2022	$616,579	$603,479	$1,009,554	$13,100
2021	$636,415	$516,002	$881,714	$120,413
2020	$695,732	$525,551	$761,702	$170,181
2019	$667,181	$519,724	$586,313	$147,457
2018	$508,538	$490,347	$435,786	$18,191