EASTERN ATLANTIC STATES CARPENTERS TECHNICAL CENTERS

EIN: 231518467 501(c)(3) Employment

PHILADELPHIA, PA

Total Revenue
$30,630,806
Total Expenses
$28,956,010
Total Assets
$77,010,621
Net Assets
$74,456,860
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
PA
Principal Officer
ROBERT SMITH
Phone
2158242300
Tax Period
2024-07-01 to 2025-06-30

EASTERN ATLANTIC STATES CARPENTERS TECHNICAL CENTERS, founded in 1983, is a mid-sized nonprofit in the Employment sector that reported $30.6M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $29.0M left a modest 5% surplus.

Mission

TO MAINTAIN TRAINING FACILITIES FOR THE PURPOSE OF TRAINING APPRENTICE CARPENTERS AND DEFRAYING THE COSTS ASSOCIATED WITH VOCATIONAL AND ADVANCEMENT TRAINING.

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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 $1,598,495
Program Service Revenue $25,454,151
Investment Income $2,619,302
Other Revenue $958,858
TOTAL REVENUE $30,630,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,276,027
Fundraising Expenses $0
Program Expenses $25,972,672
Other Expenses $11,679,983
TOTAL EXPENSES $28,956,010

Year-over-Year Comparison

2024 2023 Change
Revenue $30,630,806 $21,321,677 +0.4%
Expenses $28,956,010 $20,611,754 +0.4%
Net Income $1,674,796 $709,923 +1.4%
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
42
Independent Members
42
Employees
89
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
2
$1,028,668
Total Directors
53
$0
Key Employees
2
$606,826
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY ABRANTES LABOR TRUSTEE/VICE CO CHAIR 1.00
Director
$0 $0 $0
RICHARD BARCASKEY EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
WADE BAUMGARTNER LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
RAY BRUGUERAS LABOR TRUSTEE 1.00
Director
$0 $0 $0
ANDREW BULAKOWSKI LABOR TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
JOHN PAUL BUSSE EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
JOSEPH CLEARKIN EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL CONNER LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
BENJAMIN CONNORS EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN CONRON EMPLOYER TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
ANDY DANIEL EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
DAVID DAQUELENTE EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
JOHN DELSORDI LABOR TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH DONOFRIO EMPLOYER TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
RICH FOLEY LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
BRUCE GARGANIO LABOR TRUSTEE 1.00
Director
$0 $0 $0
GLENN GARLATTI EMPLOYER TRUSTEE - THRU 7/24 1.00
Director
$0 $0 $0
TIM GOODEN EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
MARK HALL EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
SEAN HEALY EMPLOYER TRUSTEE - EFF 3/25 1.00
Director
$0 $0 $0
JAMES HOCKER LABOR TRUSTEE 1.00
Director
$0 $0 $0
ROBERT HUDSON EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
THOMAS IVESON LABOR TRUSTEE 1.00
Director
$0 $0 $0
JEREMY JEFFERS LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
ERIC JENSEN EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
JACK KOCSIS EMPLOYER TRUSTEE/CO CHAIR 1.00
Director
$0 $0 $0
BRIAN LAYTON LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
STEPHEN DE LEON EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
JOE LOCKLEY LABOR TRUSTEE 1.00
Director
$0 $0 $0
JOHN MASCARO EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
CRAIG MELOGRANO EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
DAN MILLER EMPLOYER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL MORROW LABOR TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
JOEL NIECGORSKI LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
SAM NOEL LABOR TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
OLAF OLSEN LABOR TRUSTEE 1.00
Director
$0 $0 $0
RONALD PAPA LABOR TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
ARASH PARHAM EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
FRAN PIETRINI EMPLOYER TRUSTEE - THRU 3/25 1.00
Director
$0 $0 $0
ROBERT POLISANO EMPLOYER TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
PHILIP PRISCO EMPLOYER TRUSTEE - EFF 7/24 1.00
Director
$0 $0 $0
PHILIP RADOMSKI EMPLOYER TRUSTEE/VICE CO CHAIR 1.00
Director
$0 $0 $0
JOHN ROBINSON LABOR TRUSTEE 1.00
Director
$0 $0 $0
GEORGE RUSK EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
MICHAEL SCHILLINGER EMPLOYER TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
ADAM SCHMIT EMPLOYER TRUSTEE - THRU 12/24 1.00
Director
$0 $0 $0
JAMIE V SERRITELLA LABOR TRUSTEE 1.00
Director
$0 $0 $0
DREW SIMPSON LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
WILLIAM SPROULE LABOR TRUSTEE/CO-CHAIR 1.00
Director
$0 $0 $0
JESSE STACY LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
ROBERT TARBY LABOR TRUSTEE 1.00
Director
$0 $0 $0
KEN THOMSON EMPLOYER TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
KEN UMBEL LABOR TRUSTEE - EFF 1/25 1.00
Director
$0 $0 $0
PETER TONIA EXECUTIVE FUNDS DIRECTOR 3.00
Officer
$0 $299,133 $642,220
ROBERT SMITH DIRECTOR 40.00
Officer
$245,712 $140,736 $386,448
ROBERT LANDY DIRECTOR 40.00
Key Emp
$197,366 $114,282 $311,648
PHIL DIAZ DIRECTOR 40.00
Key Emp
$186,323 $108,855 $295,178
JOSEPH MOORE INSTRUCTOR 40.00
Highest
$181,004 $109,704 $290,708
BRANDON BARRETT INSTRUCTOR 40.00
Highest
$174,698 $91,180 $265,878
AARON GREENE INSTRUCTOR 40.00
Highest
$173,211 $71,374 $244,585
RONALD WALSH COORDINATOR 40.00
Highest
$166,049 $69,899 $235,948
TIMOTHY WARING COORDINATOR 40.00
Highest
$164,467 $97,619 $262,086
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 $30,630,806 $28,956,010 $77,010,621 $1,674,796
2024 $21,321,677 $20,611,754 $33,347,457 $709,923
2023 $12,024,674 $14,664,307 $31,356,180 $-2,639,633
2022 $6,924,336 $7,386,063 $14,328,660 $-461,727
2021 $6,553,003 $6,921,278 $16,564,135 $-368,275
2019 $7,201,219 $7,000,794 $16,553,082 $200,425
2018 $6,853,782 $7,026,843 $16,379,867 $-173,061
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