International Association of Firefighters Local 48

Nonprofit profile at a glance

EIN
237035246
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
5132413541
Rating confidence
Limited

Reported finances

Revenue
$767,693
Expenses
$986,501
Assets
$1,096,798
Liabilities
$10,472

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MATT R ALTER (PRESIDENT - 1/1/24 - 8/30/24)
  • TRENT M CARTER (2ND VICE PRESIDENT)
  • MELISSA ARNOLD (1ST VICE PRESIDENT)
  • JOSEPH ELLIOTT (FORMER SEC - CURRENT PRESIDENT)

Highest reported compensation

  • TIMOTHY KLOEPFER (TREASURER): $21,278 total reported compensation
  • MATT R ALTER (PRESIDENT - 1/1/24 - 8/30/24): $17,689 total reported compensation
  • TRENT M CARTER (2ND VICE PRESIDENT): $17,310 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This organization is dedicated to promoting & protecting the interests of professional firefighters working for cincinnati, Ohio, e.g. Training, fellowship, workers comp insurance assistance, representation in labor negotiations, grievances, etc.

What it reported doing in 2024

The union collects dues from its 862 members, a portion of which is passed on to its state & national affiliates for support & information regarding issues important to the membership, e.g. The latest firefighting techniques & equipment, information on current legislative issues affecting firefighters, information on what other locals are doing and accomplishing in negotiations, health & safety, workers compensation, etc. The state & local affiliates also represent the interests of the local's members to governments at their level.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 9
  • Sustainability: 28
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Missing
    • Other executive compensation review process: Missing
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -28.5%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 11.8%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 5 board members independent · 2 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $21K · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.