UNITED BROTHERHOOD OF CARPENTERS LOCAL UNION 2 (EIN 316046405) - Form 990 Financial Analysis & Trantor Score

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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

1967

Legal Domicile

Principal Officer

RICHARD GUNTHER

Phone

5136163354

Tax Period

2024-07-01 to 2025-06-30

UNITED BROTHERHOOD OF CARPENTERS LOCAL UNION 2, founded in 1967, is a small nonprofit in the Employment sector that reported $486K in total revenue in fiscal year 2024. Expenses of $554K exceeded revenue, resulting in a 14% operating deficit.

Mission

IMPROVEMENTS OF WORKING CONDITIONS, HOURS AND WAGES, AND EDUCATION OF MEMBERS AND THE GENERAL PUBLIC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $475,719

Investment Income $10,738

Other Revenue $0

TOTAL REVENUE $486,457

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,760

Fundraising Expenses $0

Other Expenses $255,696

TOTAL EXPENSES $554,140

Year-over-Year Comparison

	2024	2023	Change
Revenue	$486,457	$492,662	0.0%
Expenses	$554,140	$506,169	+0.1%
Net Income	$-67,683	$-13,507	+4.0%

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

Governance

Voting Members

1470

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

$37,418

Total Directors

$44,216

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND COOK	TRUSTEE/DELE	1.00	Officer Director	$4,410	$0	$4,410
DANIEL RUSSELL	TRUSTEE/DELE	1.00	Officer Director	$4,380	$0	$4,380
MICHELLE STALLINGS	VICE PRESIDE	1.00	Officer Director	$3,978	$0	$3,978
JERRY NAGEL	TRUSTEE/DELE	1.00	Officer Director	$1,040	$0	$1,040
KATEHRINE SCHULZ	TREASURER/DE	1.00	Officer Director	$11,725	$0	$11,725
CHRIS LAMANTIA	FINANCIAL SE	1.00	Officer Director	$3,819	$0	$3,819
SHAWN MYERS	DELEGATE/WAR	1.00	Director	$1,719	$0	$1,719
RICHARD GUNTHER	PRESIDENT	1.00	Officer Director	$3,809	$0	$3,809
BRIAN BEERMAN	TRUSTEE/DELE	1.00	Director	$4,402	$0	$4,402
ED HERRERA	RECORDING SE	1.00	Officer Director	$2,413	$0	$2,413
JUAN CASTILLO	CONDUCTOR/DE	1.00	Officer Director	$1,844	$0	$1,844
SELINA BARNES	WARDEN	1.00	Director	$677	$0	$677

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	$486,457	$554,140	$610,761	$-67,683
2024	$492,662	$506,169	$680,381	$-13,507
2023	$466,305	$491,753	$694,086	$-25,448
2022	$517,992	$485,331	$717,898	$32,661
2021	$489,039	$371,824	$686,071	$117,215
2020	$494,333	$445,250	$569,509	$49,083

UNITED BROTHERHOOD OF CARPENTERS LOCAL UNION 2