COUNCIL OF UTILITY CONTRACTORS INC (EIN 161116847) - 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

JOSEPH BENEDICT

Phone

7168856398

Tax Period

2024-01-01 to 2024-12-31

COUNCIL OF UTILITY CONTRACTORS INC, founded in 1976, is a micro nonprofit in the Community Improvement sector that reported $55K in total revenue in fiscal year 2024. Expenses of $67K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE MUTUAL ADVANCEMENT AND INTEREST OF ITS MEMBERS, ASSIST WITH COMMON PROBLEMS AFFECTING THE PIPELINE AND UTILITY INDUSTRY, PROMOTE ACTIVITIES AIMED AT ENABLING THE INDUSTRY TO CONDUCT ITSELF WITH GREATER EFFICIENCY AND ECONOMY, ADOPT STANDARDS OF CONDUCT AND OPERATION FOR THE INDUSTRY, REFORM ABUSES IN THE INDUSTRY, AND TO DEAL WITH ALL MATTERS OF ECONOMIC CONCERN TO MEMBERS OF THIS ASSOCIATION AND TO ENTER INTO COLLECTIVE BARGAINING AGREEMENTS FOR THE BENEFIT OF THE MEMBERS.

🔒

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 $47,847

Program Service Revenue $0

Investment Income $6,766

Other Revenue $0

TOTAL REVENUE $54,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $66,532

TOTAL EXPENSES $66,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,613	$53,013	+0.0%
Expenses	$66,532	$88,713	-0.3%
Net Income	$-11,919	$-35,700	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE CHURAKOS	DIRECTOR AND PRESIDENT	0.50	Officer Director	$0	$0	$0
JAMES PANEPINTO	DIRECTOR AND VICE PRESIDEN	0.50	Officer Director	$0	$0	$0
GARY ANASTASI	DIRECTOR	0.50	Director	$0	$0	$0
JOE MINNECI	DIRECTOR	0.50	Director	$0	$0	$0
FRED CIMATO	DIRECTOR	0.50	Director	$0	$0	$0

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	No data	No data	No data	No data
2024	$54,613	$66,532	$273,973	$-11,919
2023	$53,013	$88,713	$270,386	$-35,700
2022	$50,633	$231,875	$288,330	$-181,242
2021	$78,406	$110,471	$530,294	$-32,065
2020	$68,983	$135,707	$554,431	$-66,724
2019	$59,649	$68,173	$584,366	$-8,524
2018	$39,560	$61,112	$578,333	$-21,552

COUNCIL OF UTILITY CONTRACTORS INC