Unite Here Local 26 Building Owner Inc C/o Unite Here Local 26
Nonprofit profile at a glance
- EIN
- 933380788
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Medford, MA, USA
- Phone
- 8778295500
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $2,255,594
- Expenses
- $342,550
- Assets
- $7,942,439
- Liabilities
- $3,431,513
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- Carlos Aramayo (President)
- Laura Moye (Vice President)
- Jenna Karlin (Vice President)
- Michael A Kramer (Executive Vice President)
- Nancy H Iadeluca (Vice President)
- Andee Huang (Vice President)
Highest reported compensation
- Carlos Aramayo (President): $164,465 total reported compensation
- Nelson Rodriguez (Financial Secretary Treasurer): $140,305 total reported compensation
- Laura Moye (Vice President): $134,301 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide office space to a related tax exempt organization.
What it reported doing in 2024
Held property of local union 26, collected rents, maintained and managed property for the benefit of the general memebrs of local union 26.
Operating model
- Revenue model
- Affiliate-supported. 81% of the money available for current operations came from contributions from related organizations.
- 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: 65
- Accountability: 72
- Sustainability: 78
- Growth: 60
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: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 84.8%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 23.19; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.43; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 71.5%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 167.4% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 24.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 23 of 23 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $164K · 22 people listed · 0 of 6 pay-setting controls reported
- Consistency: 10 of 10 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.