PLUMBERS & STEAMFITTERS LOCAL 81 JOINT APPRENTICESHIP TRAINING COMMITTEE

EIN: 161330386 501(c)(3) Employment

SYRACUSE, NY

Total Revenue
$2,483,275
Total Expenses
$1,823,492
Total Assets
$4,513,739
Net Assets
$4,513,739
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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
1889
Legal Domicile
NY
Principal Officer
GREG LANCETTE
Phone
3154377397
Tax Period
2023-01-01 to 2023-12-31

PLUMBERS & STEAMFITTERS LOCAL 81 JOINT APPRENTICESHIP TRAINING COMMITTEE, founded in 1889, is a community nonprofit in the Employment sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $660K, a strong 27% operating margin.

Mission

PROVIDE INSTRUCTION AND TRAINING TO APPRENTICES AND JOURNEYMAN OF UA LOCAL 81.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,276,462
Investment Income $68,511
Other Revenue $138,302
TOTAL REVENUE $2,483,275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $922,731
Fundraising Expenses $0
Program Expenses $1,608,989
Other Expenses $900,761
TOTAL EXPENSES $1,823,492

Year-over-Year Comparison

2023 2022 Change
Revenue $2,483,275 $1,820,087 +0.4%
Expenses $1,823,492 $1,747,135 +0.0%
Net Income $659,783 $72,952 +8.0%
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
12
Independent Members
7
Employees
45
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
0
$0
Total Directors
13
$1,260,170
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY R LANCETTE TRUSTEE 2.00
Director
$0 $88,509 $242,662
GERALD MORLEY JR TRUSTEE 2.00
Director
$0 $83,501 $217,511
BRADLEY WARD TRUSTEE 2.00
Director
$0 $83,501 $217,623
PATRICK CARROLL TRUSTEE 2.00
Director
$0 $85,746 $227,214
MARCO BERTRON TRUSTEE 2.00
Director
$0 $0 $0
AARON DEBOLT PAST DIRECTOR OF TRAINING 40.00
Director
$28,280 $14,862 $43,142
ERIC SAUNDERS TRUSTEE 2.00
Director
$0 $83,780 $217,790
STEVE PERRY TRUSTEE 2.00
Director
$0 $0 $0
GEOFF HALL TRUSTEE 2.00
Director
$0 $0 $0
KEVIN JUNG TRUSTEE 2.00
Director
$0 $0 $0
MARK STRAUB TRUSTEE 2.00
Director
$0 $0 $0
TIM RICE TRUSTEE 2.00
Director
$0 $0 $0
THOMAS HAYWARD DIRECTOR OF TRAINING 40.00
Director
$73,375 $20,119 $94,228
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
2024 No data No data No data No data
2023 $2,483,275 $1,823,492 $4,513,739 $659,783
2022 $1,820,087 $1,747,135 $3,590,583 $72,952
2021 $1,766,460 $1,593,358 $3,870,324 $173,102
2020 $1,218,281 $1,132,801 $3,301,719 $85,480
2019 $1,283,328 $1,137,269 $3,034,681 $146,059
2018 $917,612 $1,063,982 $2,672,688 $-146,370
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