Southern States Millwright Regiona… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Jason Engels

Phone

4799670639

Tax Period

2022-07-01 to 2023-06-30

Southern States Millwright Regional Council, founded in 2010, is a mid-sized nonprofit that reported $12.7M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $41.3M represent 39 months of operating reserves.

Mission

To promote and protect the interest of its membership, to encourage the apprenticeship system, to assist members in procuring employment, and to protect its members.

Program Service Accomplishments

Program 1

Expenses: $12,577,350

The purpose of the Southern States Millwright Regional Council, United Brotherhood of Carpenters and Joiners of America, Council is to promote and protect the interests of the membership.,

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $12,620,357

Program Service Revenue $0

Investment Income $53,187

Other Revenue $0

TOTAL REVENUE $12,673,544

Expense Breakdown

Grants Paid $4,815,714

Salaries & Benefits $4,586,037

Fundraising Expenses $0

Program Expenses $12,577,350

Other Expenses $3,175,599

TOTAL EXPENSES $12,577,350

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,673,544	$11,623,005	+0.1%
Expenses	$12,577,350	$9,216,675	+0.4%
Net Income	$96,194	$2,406,330	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$286,088

Total Directors

Key Employees

$1,032,144

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Allen W Jennings	Executive Sec-Treasurer	040.00	Officer Key Emp Highest	$286,088	$0	$286,088
Richard L Halford	Exec Comm/Chief Staff	040.00	Key Emp	$175,923	$0	$175,923
James D Rowland	Exec Comm/Reg Director	040.00	Key Emp	$150,443	$0	$150,443
Jeffrey B Smith	Regional Director	040.00	Key Emp	$150,443	$0	$150,443
Logan W Brown	Regional Director	040.00	Key Emp	$150,443	$0	$150,443
David L Bonds	President	001.00	Key Emp	$118,804	$0	$118,804
Richard Thomas	Trustee	001.00	Director	$0	$0	$0
Clifford F Tucker II	Vice President	001.00	Officer Director	$0	$0	$0
Karl L Brooks	Trustee	001.00	Director	$0	$0	$0
Daniel W Yost	Trustee	001.00	Director	$0	$0	$0
Ronald C Fritzmeier	Conductor	001.00	Director	$0	$0	$0
Daniel D Mullins	Warden	001.00	Officer	$0	$0	$0
Kenneth Michael Hines	Exec Committee	001.00	Officer	$0	$0	$0
Jimmie C Jordan Jr	President	001.00	Officer	$0	$0	$0
Joel K Scott	Trustee	001.00		$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
2023	$2,021,475	$1,722,543	No data	$298,932
2023	$12,673,544	$12,577,350	$41,340,408	$96,194
2022	$11,623,005	$9,216,675	$38,325,316	$2,406,330
2021	$10,776,261	$10,536,529	$41,458,308	$239,732
2020	$10,521,886	$10,814,659	$37,196,497	$-292,773
2019	$10,999,564	$7,601,351	$35,075,145	$3,398,213
2018	$10,384,031	$5,962,533	$30,355,432	$4,421,498

Southern States Millwright Regional Council