INTL ASSOC OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL UNION 23

EIN: 231582722

GRANTVILLE, PA

Total Revenue
$1,233,788
Total Expenses
$1,264,277
Total Assets
$4,013,497
Net Assets
$2,779,888
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
PA
Principal Officer
RONNIE BEVERLEY
Phone
7179300922
Tax Period
2024-01-01 to 2024-12-31

INTL ASSOC OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL UNION 23, founded in 1963, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $2.8M represent 27 months of operating reserves.

Mission

TO ORGANIZE WORKERS AND TO SECURE JOBS AND IMPROVED WAGES, BENEFITS AND WORKING CONTITIONS.

Program Service Accomplishments

Program 1
Expenses: $1,264,277

THE PROGRAM REPRESENTS PAYMENTS TO THE CONTRACTORS OF THE PROJECT ON BEHALF OF THE LOCAL UNION TO SECURE ADDITIONAL WORK AND NEGOTIATE WORKING CONDITIONS.

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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 $2,298
Program Service Revenue $1,141,200
Investment Income $-14,777
Other Revenue $105,067
TOTAL REVENUE $1,233,788

Expense Breakdown

Grants Paid $0
Salaries & Benefits $743,380
Fundraising Expenses $0
Program Expenses $1,264,277
Other Expenses $514,147
TOTAL EXPENSES $1,264,277

Year-over-Year Comparison

2024 2023 Change
Revenue $1,233,788 $1,387,955 -0.1%
Expenses $1,264,277 $1,471,758 -0.1%
Net Income $-30,489 $-83,803 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
5
Employees
12
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
5
$602,118
Total Directors
7
$156,109
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB RAINEY E-BOARD 1.00
Director
$0 $0 $0
MATTHEW MATINCHECK VICE PRESIDENT 1.00
Officer Director
$74,139 $56,940 $131,079
ANDREW CHUBB TRUSTEE 1.00
Director
$0 $5,463 $10,394
JOSHUA ALLEN E-BOARD 1.00
Director
$0 $0 $0
ANTHONY FERGUSON E-BOARD / TRUSTEE 1.00
Director
$0 $5,551 $11,321
WILLIAM O'BRIAN E-BOARD 1.00
Director
$0 $0 $0
MATTHEW HUGGINS E-BOARD / TRUSTEE 1.00
Director
$0 $1,395 $3,315
JOHN FRITZ PRESIDENT/TRUSTEE 1.00
Officer
$0 $53,674 $170,137
ZACHARY KEY SERGEANT AT ARMS 1.00
Officer
$0 $0 $0
RONNIE BEVERLEY BUSINESS MANAGER/FINANCIAL SECRETARY/TRUSTEE 55.00
Officer
$170,058 $130,844 $300,902
HUNTER GEORGE RECORDING SECRETARY 1.00
Officer
$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 No data No data No data No data
2024 $1,233,788 $1,264,277 $4,013,497 $-30,489
2023 $1,387,955 $1,471,758 $4,098,982 $-83,803
2022 $1,363,451 $1,397,429 $4,285,666 $-33,978
2021 $1,357,857 $1,380,450 $4,422,505 $-22,593
2020 $1,067,898 $1,308,710 $4,593,085 $-240,812
2019 $1,758,166 $1,382,643 $4,122,361 $375,523
2018 $2,259,331 $1,343,527 $2,894,254 $915,804
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