PLUMBERS LOCAL NO 12 BUILDING CORPORATION (EIN 043541451) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

JAMES VAUGHAN

Phone

6172886200

Tax Period

2024-01-01 to 2024-12-31

PLUMBERS LOCAL NO 12 BUILDING CORPORATION, founded in 1976, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 22% operating deficit.

Mission

PLUMBERS LOCAL NO. 12 BUILDING CORPORATION IS THE TITLE HOLDING CORPORATION FOR PLUMBERS LOCAL NO. 12 AFFILIATED WITH THE UNITED ASSOCIATION OF PLUMBERS AND PIPEFITTERS INDUSTRY (04-1109780)

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,005,775

Investment Income $1,084

Other Revenue $986

TOTAL REVENUE $1,007,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $476,312

Other Expenses $1,224,796

TOTAL EXPENSES $1,224,796

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,007,845	$731,448	+0.4%
Expenses	$1,224,796	$515,392	+1.4%
Net Income	$-216,951	$216,056	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,558,521

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK AMATO	BUSINESS AGENT	2.00	Officer	$0	$0	$234,892
CHAD CARBONE	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$8,495
RICHARD CARTER	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$6,475
TIMOTHY FANDEL	BUSINESS MANAGER	2.00	Officer	$0	$0	$248,559
BRIAN FARRELL	PAC/PR	2.00	Officer	$0	$0	$1,700
KIMBERLY GARSIDE	EXAMINING BOARD	2.00	Officer	$0	$0	$2,989
ROGER GILL	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$0
RONALD HEIM	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$6,475
JOE KYNE	INSIDE GUARD	2.00	Officer	$0	$0	$5,977
MARC LASALA	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ROBERT MCCARTHY	PRESIDENT	2.00	Officer	$0	$0	$20,781
MATTHEW MCGONAGLE	PAC/PR	2.00	Officer	$0	$0	$14,205
GEORGE MCMANUS	FINANCE COMMITTEE	2.00	Officer	$0	$0	$5,106
MATTHEW MESSINGER	ORGANIZER	2.00	Officer	$0	$69,882	$291,015
PATRICK MULKERRIN	BUSINESS AGENT	2.00	Officer	$0	$69,882	$304,774
GREGG PETERSON	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$0
TONY PITARYS	EXAMINING BOARD	2.00	Officer	$0	$0	$3,838
JAMES VAUGHAN	BUSINESS AGENT	2.00	Officer	$0	$69,882	$308,820
LUKE WADE	PAC/PR	2.00	Officer	$0	$0	$5,956
PATRICK DOOLAN	RECORDING SECRETARY	2.00	Officer	$0	$0	$15,472
BRIAN HART	VICE PRESIDENT	2.00	Officer	$0	$0	$8,937
DARREN MACDONALD	JOINT APPRENTICE COMMITTEE	2.00	Officer	$0	$0	$5,948
JENNIFER TOBIES	JOINT APPRENTICE COMMITTEE	2.00	Officer	$0	$0	$6,009
DOMINIQUE CAVE	EXECUTIVE BOARD	2.00	Officer	$0	$0	$4,263
CHRISTOPHER BRETT	BUILDING COMMITTEE	2.00	Officer	$0	$0	$7,742
KERRY CARBONE	EXECUTIVE BOARD	2.00	Officer	$0	$0	$5,113
JOHN DREW	FINANCE COMMITTEE	2.00	Officer	$0	$0	$3,846
VAUGHAN FERGESON	JOINT APPRENTICE COMMITTEE	2.00	Officer	$0	$0	$6,009
ANDREW FONTANA	EXAMINING BOARD	2.00	Officer	$0	$0	$4,256
THOMAS MCCARTHY	EXECUTIVE BOARD	2.00	Officer	$0	$0	$5,113
SEAN MCINTYRE	EXECUTIVE BOARD	2.00	Officer	$0	$0	$5,113
JOSEPH PHINNEY	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$0
GERARD POTTS	BUILDING COMMITTEE	2.00	Officer	$0	$0	$1,267
RICHARD RUSSO	FINANCE COMMITTEE	2.00	Officer	$0	$0	$5,113
THOMAS SPILLANE	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$0
JIMMY DAVIS	PAC/PR	2.00	Officer	$0	$0	$4,263
BARRY KEADY	BYLAWS COMMITTEE	2.00	Officer	$0	$0	$0
YASMANI SANTIAGO	ORGANIZER	2.00		$0	$69,882	$291,015

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,007,845	$1,224,796	$3,000,441	$-216,951
2023	$731,448	$515,392	$3,218,686	$216,056
2022	$345,826	$459,324	$2,953,008	$-113,498
2021	$330,787	$451,635	$3,047,844	$-120,848
2020	$420,794	$493,623	$3,173,648	$-72,829
2019	$824,437	$483,172	$3,233,528	$341,265
2018	$519,694	$480,894	$2,873,856	$38,800

PLUMBERS LOCAL NO 12 BUILDING CORPORATION