Professional Securities Employees Association Local #1

Nonprofit profile at a glance

EIN
320296134
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025
Location
Gloversville, NY, USA
Phone
5187529262
Rating confidence
Limited
Sector
Labor Unions

Reported finances

Revenue
$88,525
Expenses
$68,892
Assets
$220,929

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Michael Nesbitt (President)
  • Michael Green (President)

People named in this filing

  • Michael Nesbitt (President)
  • Michael McCurdy (Business Agent)
  • Alex Burke (Shop Steward)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Negotiate labor contracts and represent members.

What it reported doing in 2025

Negotiated labor contracts for its membership and represented its memberswith pay issues, working conditions, benefits, etc. Also ensured thecompany abided by the CBA. There were 95 members at the end of 2025.

Operating model

Revenue model
Membership-supported. 94% 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: 58
  • Growth: 100

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: 22.2%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 3.21; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 21.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 7.5% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 63rd 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 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 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 — Sustainability: Officer compensation ratio scored 8/100.