Millwrights and Machinery Erectors Local Union 1402
Nonprofit profile at a glance
- EIN
- 540617316
- IRS 990-EZ coverage
- 2009–2014
- Forms available
- Form 990-EZ 2014
- Location
- Richmond, VA, USA
- Phone
- 8042758090
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $86,988
- Expenses
- $111,693
- Assets
- $156,428
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Timothy J Franchock (Vice President)
- Joe Princiotta (President)
People named in this filing
- Daniel Hebner (Recording Sec)
- Timothy J Franchock (Vice President)
- William J Rose (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and protect the workers of the local labor union representing Millwrights and Machinery Erectors in Central and Southeastern Virginia.
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- 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: 82
- Sustainability: 31
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -28.4%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.6% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: -1.2% per year; rating input score 0; 41st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2009 to 2014
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 16/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.