UNITED ASSOCIATION OF JOURNEYMEN & APPRE NEW ENGLAND STATES PIPE TRADES ASSN

EIN: 222921877

MERIDEN, CT

Total Revenue
$2,265,648
Total Expenses
$2,032,981
Total Assets
$1,397,741
Net Assets
$1,397,741
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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
1982
Legal Domicile
CT
Principal Officer
MICHAEL ROSARIO
Phone
2033174750
Tax Period
2024-04-01 to 2025-03-31

UNITED ASSOCIATION OF JOURNEYMEN & APPRE NEW ENGLAND STATES PIPE TRADES ASSN, founded in 1982, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.0M left a modest 10% surplus.

Mission

PROMOTE IMPROVED WORKING CONDITIONS IN THE NEW ENGLAND AREA THROUGH EDUCATIONAL MEETINGS AND UNION CONTRACTS

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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 $860,000
Program Service Revenue $1,384,304
Investment Income $21,344
Other Revenue $0
TOTAL REVENUE $2,265,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,346,744
Fundraising Expenses $0
Other Expenses $686,237
TOTAL EXPENSES $2,032,981

Year-over-Year Comparison

2024 2023 Change
Revenue $2,265,648 $2,153,636 +0.1%
Expenses $2,032,981 $1,819,099 +0.1%
Net Income $232,667 $334,537 -0.3%
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
15
Independent Members
15
Employees
7
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
4
$79,926
Total Directors
16
$79,926
Key Employees
1
$317,179
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE ROSARIO SECRETARY/TREASURER 10.00
Officer Director
$57,451 $0 $57,451
MICHAEL LANGONE PRESIDENT 0.50
Officer Director
$22,475 $0 $22,475
JOHN BLANCHARD EXECUTIVE BOARD 0.50
Director
$0 $0 $0
ANTHONY CAMILLUCI EXECUTIVE BOARD 0.50
Director
$0 $0 $0
BRIAN FINN EXECUTIVE BOARD 0.50
Director
$0 $0 $0
PETER GIBBONS EXECUTIVE BOARD 0.50
Director
$0 $0 $0
DWIGHT GOODWIN EXECUTIVE BOARD 0.50
Director
$0 $0 $0
GREGORY GOVE EXECUTIVE BOARD 0.50
Director
$0 $0 $0
ROBBIE MCCARTHY EXECUTIVE BOARD 0.50
Director
$0 $0 $0
JOHN MCMULLEN EXECUTIVE BOARD 0.50
Director
$0 $0 $0
DANIEL O'BRIEN EXECUTIVE BOARD 0.50
Director
$0 $0 $0
DAVID PELLETIER EXECUTIVE BOARD 0.50
Director
$0 $0 $0
ANTHONY SIROUS EXECUTIVE BOARD 0.50
Director
$0 $0 $0
JAMES VAUGHAN EXECUTIVE BOARD 0.50
Director
$0 $0 $0
PAUL ALVAREZ VP 0.50
Officer Director
$0 $0 $0
TIMOTHY FANDEL VP (P) 0.50
Officer Director
$0 $0 $0
TIM CHAISSON ORGANIZER 55.00
Key Emp
$224,050 $93,129 $317,179
PETER ANDERSON ORGANIZER 40.00
Highest
$135,252 $64,621 $199,873
KIMBER M FORTIN ORGANIZER 40.00
Highest
$122,111 $65,169 $187,280
BEAU LIBBY ORGANIZER 40.00
Highest
$103,354 $37,785 $141,139
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 $2,265,648 $2,032,981 $1,397,741 $232,667
2024 $2,153,636 $1,819,099 $1,163,124 $334,537
2023 $1,360,159 $1,207,849 $828,588 $152,310
2022 $1,006,213 $938,102 $676,278 $68,111
2021 $871,703 $674,943 $608,167 $196,760
2020 $956,310 $889,530 $411,407 $66,780
2019 $828,153 $710,871 $344,627 $117,282
2018 $574,167 $560,365 $227,255 $13,802
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