Roofers Local 241 Labor-management Fund
Nonprofit profile at a glance
- EIN
- 812591361
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Albany, NY, USA
- Phone
- 5184897646
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $135,407
- Expenses
- $160,176
- Assets
- $431,522
- Liabilities
- $31,551
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- MICHAEL ROSSI (TRUSTEE)
- ANTHONY PAZMINO (TRUSTEE)
- BOB FARRELL (TRUSTEE)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The roofers local 241 labor management program ("program") is sponsored by the board of trustees ("trustees") of the roofers local 241 labor management fund. The primary goal of the program is to maintain and, where possible, improve the union's current market share in the roofing industry. The program, coupled with effective labor management relations, a pool of qualified manpower, ongoing training of apprentices and journeymen, competitive labor agreements and effective union organizing is intended to protect the union's share of the roofing market.
Operating model
- Revenue model
- Membership-supported. 100% 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: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -18.3%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 2.69; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 14% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 20.5% per year; rating input score 100; 81st 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: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 9/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.