INTERNATIONAL ASSOC OF HEAT AND FROST INSULATORS & ALLIED WORKERS LOCAL 12

EIN: 135574122

LONG ISLAND CITY, NY

Total Revenue
$3,595,353
Total Expenses
$3,492,188
Total Assets
$13,779,435
Net Assets
$13,779,435
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
NY
Principal Officer
JOHN JOVIC
Phone
7187843456
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL ASSOC OF HEAT AND FROST INSULATORS & ALLIED WORKERS LOCAL 12, founded in 1912, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2025. Net assets of $13.8M represent 46 months of operating reserves.

Mission

THE OBJECTIVES OF THE UNION, AS THE REPRESENTATIVE OF ITS MEMBERS, ARE TO IMPROVE WORKING CONDITIONS AND LIVING STANDARDS OF MEMBERS THROUGH COLLECTIVE BARGAINING, EDUCATION, TRAINING AND EMPLOYEE BENEFITS AND TO ESTABLISH NECESSARY PROCEDURES FOR THE AMICABLE ADJUSTMENT OF ALL DISPUTES WHICH MAY ARISE BETWEEN EMPLOYERS AND EMPLOYEES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,576,147
Investment Income $1,372
Other Revenue $17,834
TOTAL REVENUE $3,595,353

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,661,101
Fundraising Expenses $0
Other Expenses $1,761,087
TOTAL EXPENSES $3,492,188

Year-over-Year Comparison

2025 2024 Change
Revenue $3,595,353 $3,598,227 0.0%
Expenses $3,492,188 $3,117,123 +0.1%
Net Income $103,165 $481,104 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
N/A
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
16
$1,139,120
Total Directors
13
$1,135,718
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK L BAYALA PRESIDENT / BUSINESS AGENT 37.50
Officer Director
$84,900 $49,901 $134,801
OCTAVIO S SOARES VICE PRESIDENT / PRESIDENT 1.00
Officer Director
$11,283 $3,788 $15,071
KIRK C JOHNSON RECORDING SECRETARY - EFF 6/25 1.00
Officer Director
$4,800 $0 $4,800
FERNANDO LONDONO EXECUTIVE BOARD 1.00
Officer Director
$5,700 $0 $5,700
DANIEL MAKOWSKI EXECUTIVE BOARD / VICE PRESIDENT 1.00
Officer Director
$4,691 $593 $5,284
JOHN B JOVIC SEC TREAS/BUS MGR 40.00
Officer Director
$170,910 $112,912 $283,822
STEPHEN W MCCANN BUSINESS AGENT 37.50
Officer Director
$159,057 $106,809 $265,866
CHRISTOPHER M COOK BUSINESS AGENT 37.50
Officer Director
$160,886 $105,856 $266,742
NICK GRGAS BUSINESS AGENT - THRU 7/25 37.50
Officer Director
$81,121 $63,136 $144,257
ANTHONY FAGIOLO ORGANIZER 37.50
Highest
$159,343 $106,875 $266,218
BRIAN MILLARD EXECUTIVE BOARD/ SGT. AT ARMS 1.00
Officer Director
$3,175 $0 $3,175
LUIS E DIAZ TRUSTEE 1.00
Officer
$700 $0 $700
CHARLES R SULLIVAN TRUSTEE 1.00
Officer
$1,202 $0 $1,202
AARON S WARMAN EXECUTIVE BOARD 1.00
Officer Director
$1,900 $0 $1,900
JOSEPH T SOLOMON EXECUTIVE BOARD 1.00
Officer Director
$2,100 $0 $2,100
KEVIN J TUTHILL EXECUTIVE BOARD 1.00
Officer Director
$2,200 $0 $2,200
RICHARD DETJEN TRUSTEE/SGT AT ARMS 1.00
Officer
$1,500 $0 $1,500
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 $3,595,353 $3,492,188 $13,779,435 $103,165
2024 $3,598,227 $3,117,123 $13,676,270 $481,104
2023 $3,701,221 $2,780,507 $13,195,166 $920,714
2022 $4,028,668 $2,949,378 $12,274,452 $1,079,290
2021 $4,329,847 $3,063,054 $11,195,162 $1,266,793
2020 $3,856,572 $2,798,675 $9,928,369 $1,057,897
2019 $4,894,639 $3,013,174 $8,870,472 $1,881,465
2018 $5,287,902 $2,869,841 $6,989,007 $2,418,061
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