PLUMBERS AND PIPEFITTERS LOCAL 9 EDUCATION FUND

EIN: 237015725 501(c)(3) Employment

WEST TRENTON, NJ

Total Revenue
$2,547,982
Total Expenses
$2,014,101
Total Assets
$5,293,749
Net Assets
$5,253,442
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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
1977
Legal Domicile
NJ
Principal Officer
MICHAEL TRANBERG
Phone
6097181323
Tax Period
2024-07-01 to 2025-06-30

PLUMBERS AND PIPEFITTERS LOCAL 9 EDUCATION FUND, founded in 1977, is a community nonprofit in the Employment sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $534K, a strong 21% operating margin.

Mission

PROVIDE APPRENTICESHIP TRAINING AND CONTINUING EDUCATION FOR MEMBERS.

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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 $0
Program Service Revenue $2,372,699
Investment Income $175,283
Other Revenue $0
TOTAL REVENUE $2,547,982

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,238,997
Fundraising Expenses $0
Program Expenses $1,454,850
Other Expenses $775,104
TOTAL EXPENSES $2,014,101

Year-over-Year Comparison

2024 2023 Change
Revenue $2,547,982 $2,532,476 +0.0%
Expenses $2,014,101 $2,020,214 0.0%
Net Income $533,881 $512,262 +0.0%
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
11
Independent Members
11
Employees
32
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
11
$610,962
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL TRANBERG Trustee 1.00
Director
$0 $126,002 $312,966
JOHN E BOYLE III Trustee 1.00
Director
$0 $123,841 $293,216
MATTHEW F WOODWARD Instructor 40.00
$145,925 $91,936 $237,861
WAYNE M DIAL Instructor 40.00
$145,155 $91,936 $237,091
JOHN C BENNETT Instructor 40.00
$143,475 $91,936 $235,411
TIMOTHY J FOX Instructor 40.00
$141,364 $91,936 $233,300
JOSEPH CLADD Trustee 1.00
Director
$2,240 $0 $2,240
RANDALL DAVIS Trustee 1.00
Director
$1,636 $0 $1,636
BRIAN WELCH Trustee 1.00
Director
$904 $0 $904
VINCENT SPIEZIO III Trustee 1.00
Director
$0 $0 $0
NICHOLAS SAPNAR Trustee 1.00
Director
$0 $0 $0
ROBERT BREYTA JR Trustee 1.00
Director
$0 $0 $0
PHILLIP PETILLO Trustee 1.00
Director
$0 $0 $0
DAVID STROBINO Trustee 1.00
Director
$0 $0 $0
DANIEL REUTER 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 $2,547,982 $2,014,101 $5,293,749 $533,881
2024 $2,532,476 $2,020,214 $4,701,691 $512,262
2023 $1,880,014 $1,757,262 $4,138,484 $122,752
2022 $1,779,011 $1,657,133 $4,034,899 $121,878
2021 $1,733,725 $1,584,485 $4,079,390 $149,240
2020 $1,947,023 $1,640,883 $3,906,482 $306,140
2019 $1,863,346 $1,656,562 $3,610,855 $206,784
2018 $2,263,060 $1,602,992 $3,397,290 $660,068
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