PLUMBERS AND STEAMFITTERS LOCAL 267

EIN: 161310011

SYRACUSE, NY

Total Revenue
$1,204,364
Total Expenses
$1,222,485
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
GREGORY LANCETTE
Phone
3154377397
Tax Period
2020-01-01 to 2020-07-31

PLUMBERS AND STEAMFITTERS LOCAL 267, founded in 1987, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2020. Revenue fell 52% from the prior year — a significant decline worth monitoring.

Mission

TO ORGANIZE PLUMBERS AND STEAMFITTERS FOR THE ECONOMIC, SOCIAL, AND MORAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,145,062
Investment Income $16,592
Other Revenue $42,710
TOTAL REVENUE $1,204,364

Expense Breakdown

Grants Paid $47,084
Salaries & Benefits $638,674
Fundraising Expenses $0
Other Expenses $527,127
TOTAL EXPENSES $1,222,485

Year-over-Year Comparison

2020 2019 Change
Revenue $1,204,364 $2,523,253 -0.5%
Expenses $1,222,485 $2,523,913 -0.5%
Net Income $-18,121 $-660 +26.5%
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
15
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
3
$319,694
Total Directors
16
$115,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DUERR FIN SEC/TREASURER 5.00
Director
$8,250 $0 $8,250
RICHARD WARNER PRESIDENT 5.00
Director
$160 $0 $160
THOMAS HAYWARD VICE PRESIDENT 5.00
Director
$240 $0 $240
JEREMY BERGEN RECORDING SECRETARY 5.00
Director
$160 $0 $160
MARCUS WILLIAMEE INSIDE GUARD/ ORGANIZER 40.00
Director
$57,414 $48,066 $105,480
ALLEN CLARKSON EXECUTIVE BOARD 5.00
Director
$240 $0 $240
WILLIAM JAY EXECUTIVE BOARD 5.00
Director
$240 $0 $240
CHRIS SOULE EXECUTIVE BOARD 5.00
Director
$240 $0 $240
RONALD VECCHIO EXECUTIVE BOARD 5.00
Director
$240 $0 $240
PATRICK BRANDANO FINANCE COMMITTEE 5.00
Director
$0 $0 $0
DAVID SOULE FINANCE COMMITTEE 5.00
Director
$0 $0 $0
MARK WASHBURN FINANCE COMMITTEE 5.00
Director
$0 $0 $0
RICHARD BRENNAN EXAMINING BOARD 5.00
Director
$0 $0 $0
RICHARD CHARLAND JR EXAMINING BOARD 5.00
Director
$0 $0 $0
PAUL LEONE EXAMINING BOARD 5.00
Director
$0 $0 $0
MARK SCHUYLER EXAMINING BOARD 5.00
Director
$0 $0 $0
GREGORY LANCETTE BUSINESS MANAGER 40.00
Officer
$59,919 $48,815 $108,734
BRADLEY WARD BUSINESS AGENT 40.00
Officer
$57,414 $48,066 $105,480
GERALD MORLEY JR BUSINESS AGENT 40.00
Officer
$57,414 $48,066 $105,480
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
2020 $1,204,364 $1,222,485 No data $-18,121
2019 $2,523,253 $2,523,913 $1,356,575 $-660
2018 $2,027,338 $2,109,698 $1,286,379 $-82,360
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