Plumbers & Pipefitters Local No 104 JATC

EIN: 222889994 501(c)(3)

Holyoke, MA

Total Revenue
$1,400,187
Total Expenses
$783,143
Total Assets
$4,289,131
Net Assets
$4,288,667
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MA
Principal Officer
Stephen Bradley
Tax Period
2024-08-01 to 2025-07-31

Plumbers & Pipefitters Local No 104 JATC, founded in 1980, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $617K, a strong 44% operating margin.

Mission

The Joint Apprenticeship and Training Committee (JATC) provides educational resources for developing the skills of apprentices and journey workers in the plumbing, pipefitting and HVAC/R fields. The overall mission is to train highly qualified, skilled, and marketable workers for the industry.

Program Service Accomplishments

Program 1
Expenses: $706,457

The Joint Apprenticeship and Training Committee (JATC) provides educational resources for developing the skills of apprentices and journey workers in the plumbing, pipefitting and HVAC/R fields. The...

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The Joint Apprenticeship and Training Committee (JATC) provides educational resources for developing the skills of apprentices and journey workers in the plumbing, pipefitting and HVAC/R fields. The overall mission is to train highly qualified, skilled, and marketable workers for the industry.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,320,165
Program Service Revenue $0
Investment Income $15,000
Other Revenue $65,022
TOTAL REVENUE $1,400,187

Expense Breakdown

Grants Paid $0
Salaries & Benefits $274,233
Fundraising Expenses $0
Program Expenses $706,457
Other Expenses $508,910
TOTAL EXPENSES $783,143

Year-over-Year Comparison

2024 2023 Change
Revenue $1,400,187 $1,006,401 +0.4%
Expenses $783,143 $780,645 +0.0%
Net Income $617,044 $225,756 +1.7%
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

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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
6
Independent Members
6
Employees
16
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
7
$429,276
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen Bradley Training Direc. 20.00
Director
$9,178 $93,445 $207,932
Michael Langone Trustee 1.00
Director
$0 $94,002 $201,168
Patrick McGaffigan Trustee 1.00
Director
$0 $0 $10,952
William Prince Trustee 1.00
Director
$8,287 $0 $9,224
Jeff Grodsky Trustee 1.00
Director
$0 $0 $0
David Riel Trustee 1.00
Director
$0 $0 $0
Paul Wing Trustee 1.00
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 $1,400,187 $783,143 $4,289,131 $617,044
2024 $1,006,401 $780,645 $4,379,797 $225,756
2023 $1,283,089 $744,865 $5,027,013 $538,224
2022 $882,015 $704,950 $4,536,128 $177,065
2021 $1,318,063 $676,304 $4,639,654 $641,759
2020 $751,777 $319,821 $3,588,602 $431,956
2019 $1,289,693 $376,687 $1,756,496 $913,006
2018 $547,220 $414,427 $774,523 $132,793
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