UA LOCAL UNION 131 JOINT APPRENTIC… - Form 990 Financial Data

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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

1970

Legal Domicile

Principal Officer

SEAN DOHERTY

Phone

6036697516

Tax Period

2023-07-01 to 2024-06-30

UA LOCAL UNION 131 JOINT APPRENTICESHIP AND TRAINING COMMITTEE, founded in 1970, is a small nonprofit that reported $259K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $342K exceeded revenue, resulting in a 32% operating deficit.

Mission

Educational programs for development of trade skills for union members of United Association of Plumbers and Steamfitters belonging to local 131.

Program Service Accomplishments

Program 1

Educational programs for development of trade skills for union members of local 131.

Program 2

Operations of educational Fund.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $241,652

Program Service Revenue $0

Investment Income $17,811

Other Revenue $0

TOTAL REVENUE $259,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,521

Fundraising Expenses $0

Other Expenses $184,705

TOTAL EXPENSES $342,226

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,463	$350,409	-0.3%
Expenses	$342,226	$304,334	+0.1%
Net Income	$-82,763	$46,075	-2.8%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY BOWERS	TRUSTEE AT-LARGE	2.00	Director	$0	$0	$0
JEFFREY WELCH	TRUSTEE AT-LARGE	2.00	Director	$0	$0	$0
DAVID PELLETIER	CHAIRMAN/SEC. FOR LABOR	4.00	Officer Director	$0	$0	$0
RICHARD HANSELL	TRUSTEE AT-LARGE	2.00	Director	$0	$0	$0
SEAN DOHERTY	CHAIRMAN FOR MANAGEMENT	4.00	Officer Director	$0	$0	$0
CHADD LALIME	TRUSTEE AT-LARGE	2.00	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	No data	No data	No data	No data
2024	$259,463	$342,226	$320,141	$-82,763
2023	$350,409	$304,334	$389,809	$46,075
2022	$210,685	$223,333	$329,719	$-12,648
2021	$249,524	$222,971	$400,572	$26,553
2020	$312,883	$189,818	$322,784	$123,065
2019	$173,811	$221,597	$213,670	$-47,786

UA LOCAL UNION 131 JOINT APPRENTICESHIP AND TRAINING COMMITTEE