UNITED ASSOC OF JOURNEYMEN & APPRENTOF THE PLUMB& PIPEFITTING IND LOCAL 777

EIN: 061390416

MERIDEN, CT

Total Revenue
$7,730,545
Total Expenses
$5,894,214
Total Assets
$11,638,863
Net Assets
$11,638,195
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
CT
Principal Officer
MICHAEL ROSARIO
Phone
2033174750
Tax Period
2024-03-01 to 2025-02-28

UNITED ASSOC OF JOURNEYMEN & APPRENTOF THE PLUMB& PIPEFITTING IND LOCAL 777, founded in 1994, is a community nonprofit that reported $7.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.8M, a strong 24% operating margin.

Mission

BARGAINING AGENT FOR THE APPROXIMATELY 2,793 MEMBERS OF THE LOCAL UNION. PROVIDES BENEFITS, FAIR LABOR STANDARDS AND BETTERMENT OF WORKING CONDITIONS

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $110,000
Program Service Revenue $7,148,798
Investment Income $395,241
Other Revenue $76,506
TOTAL REVENUE $7,730,545

Expense Breakdown

Grants Paid $1,220,972
Salaries & Benefits $1,831,888
Fundraising Expenses $0
Other Expenses $2,308,244
TOTAL EXPENSES $5,894,214

Year-over-Year Comparison

2024 2023 Change
Revenue $7,730,545 $6,641,086 +0.2%
Expenses $5,894,214 $5,658,010 +0.0%
Net Income $1,836,331 $983,076 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
19
Independent Members
14
Employees
10
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
20
$1,188,528
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ROSARIO BUSINESS MGR/FIN SCTRY 40.00
Officer
$140,073 $121,096 $261,169
JOHN HIGGINS JR BUSINESS AGENT 40.00
Officer
$130,305 $108,482 $238,787
MICHAEL LARSON BUSINESS AGENT - PRES 40.00
Officer
$120,735 $112,841 $233,576
JOHN MORE BUSINESS AGENT 40.00
Officer
$121,014 $111,177 $232,191
ANTHONY CAMILLUCCI ASST. BUSINESS MANAGER 40.00
Officer
$122,456 $100,349 $222,805
MARK CAPODANNO EXECUTIVE BOARD 10.00
Officer
$0 $0 $0
DOUGLAS CONNELLY JR EXECUTIVE BOARD 10.00
Officer
$0 $0 $0
WILLIAM PICARD EXECUTIVE BOARD 10.00
Officer
$0 $0 $0
ROBERT SMEETON EXECUTIVE BOARD 10.00
Officer
$0 $0 $0
DAVID CAREY PRESIDENT 10.00
Officer
$0 $0 $0
CHRIS ST GEORGE VICE PRESIDENT 10.00
Officer
$0 $0 $0
PAUL WISNIEWSKI RECORDING SECRETARY 10.00
Officer
$0 $0 $0
FRANK MONDO INSIDE GUARD 10.00
Officer
$0 $0 $0
THOMAS DEENIHAN EXAM BOARD 10.00
Officer
$0 $0 $0
DAVE HAMILTON EXAM BOARD 10.00
Officer
$0 $0 $0
VINNIE VALENTE EXAM BOARD 10.00
Officer
$0 $0 $0
LOUIS FONDA JR FINANCE COMMITTEE 10.00
Officer
$0 $0 $0
KIMBERLY FORTIN FINANCE COMMITTEE (P) 10.00
Officer
$0 $0 $0
JEREMIAH LOZIER FINANCE COMMITTEE 10.00
Officer
$0 $0 $0
SHAUN PANIK FINANCE COMMITTEE 10.00
Officer
$0 $0 $0
JASON BEAR ORGANIZER 40.00
Highest
$109,143 $109,547 $218,690
THERESA SHARRETTO ADMINISTRATOR 40.00
Highest
$108,179 $104,970 $213,149
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
2025 $7,730,545 $5,894,214 $11,638,863 $1,836,331
2024 $6,641,086 $5,658,010 $9,782,591 $983,076
2023 $6,135,839 $5,790,235 $8,697,324 $345,604
2022 $5,572,566 $6,133,725 $8,474,783 $-561,159
2021 $4,996,668 $5,411,422 $9,109,675 $-414,754
2020 $6,259,203 $6,014,053 $9,466,516 $245,150
2019 $6,484,844 $5,392,925 $9,221,366 $1,091,919
2018 $6,084,400 $4,408,363 $8,129,447 $1,676,037
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