PLUMBERS LOCAL UNION NO 200 ADDITIONAL SECURITY BENEFITS FUND (EIN 116037700) - 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

1993

Legal Domicile

Principal Officer

DOLORES BLAKE

Phone

6317390020

Tax Period

2024-07-01 to 2025-06-30

PLUMBERS LOCAL UNION NO 200 ADDITIONAL SECURITY BENEFITS FUND, founded in 1993, is a small nonprofit that reported $737K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $263K, a strong 36% operating margin.

Mission

PROVIDE SUPPLEMENTAL UNEMPLOYMENT, VACATION, DISABILITY, WORKERS COMPENSATION, ETC. TO ELIGIBLE PARTICIPANTS.

🔒

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 $632,237

Investment Income $105,083

Other Revenue $0

TOTAL REVENUE $737,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,281

Fundraising Expenses $0

Other Expenses $67,837

TOTAL EXPENSES $474,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$737,320	$663,725	+0.1%
Expenses	$474,617	$519,580	-0.1%
Net Income	$262,703	$144,145	+0.8%

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

$208,683

Total Directors

$1,226,663

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNY GRODOTZKE	UNION TRUSTEE	2.00	Director	$0	$0	$0
MARIO MATTERA	UNION TRUSTEE	2.00	Director	$0	$92,728	$239,597
RICHARD BROOKS	UNION TRUSTEE	4.00	Director	$0	$93,270	$258,497
JEFF CONNELLY	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
ROBERT RUGGIERO JR	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
PETER RUSSO	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
RYAN TRUNCALI	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH SQUICCIARINI	UNION TRUSTEE	2.00	Director	$0	$92,728	$239,597
MATTHEW PARSON	UNION TRUSTEE	2.00	Director	$0	$92,728	$249,375
EDWARD TEDLA	UNION TRUSTEE	0.00	Director	$0	$92,728	$239,597
JEFF LEVINE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
DOLORES BLAKE	PLAN ADMINISTRATOR	1.00	Officer	$0	$78,072	$208,683
ROBERT SIACHITANO	APPRENTICE INSTRUCTOR	1.00	Highest	$0	$92,598	$227,784

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	$737,320	$474,617	$5,263,634	$262,703
2024	$663,725	$519,580	$4,741,121	$144,145
2023	$644,374	$542,675	$4,357,589	$101,699
2022	$664,843	$516,620	$4,156,846	$148,223
2021	$719,719	$497,483	$4,477,942	$222,236
2020	$1,376,161	$557,803	$4,097,115	$818,358
2019	$684,870	$568,883	$3,783,135	$115,987
2018	$628,123	$554,884	$3,436,778	$73,239

PLUMBERS LOCAL UNION NO 200 ADDITIONAL SECURITY BENEFITS FUND