UNITED ASSOCIATION OF JOURNEYMEN &… - 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

1950

Legal Domicile

Principal Officer

ROBERT SCHNICKER

Phone

6185323351

Tax Period

2024-01-01 to 2024-12-31

UNITED ASSOCIATION OF JOURNEYMEN & APPRENTICES 653, founded in 1950, is a small nonprofit that reported $414K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $82K, a strong 20% operating margin.

Mission

LABOR ORGANIZATION PROVIDING REPRESENTATION FOR PLUMBERS & PIPEFITTERS WITHIN THE GEOGRAPHICAL JURISDICTION OF LOCAL 653

Program Service Accomplishments

Program 1

Expenses: $307,340

TO PROVIDE LOCAL UNION REPRESENTATION TO PLUMBERS AND PIPEFITTERS WHO ARE MEMBERS WITHIN THE GEOGRAPHICAL JURISDICTION OF LOCAL 653.

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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 $383,784

Program Service Revenue $0

Investment Income $3,928

Other Revenue $26,674

TOTAL REVENUE $414,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,120

Fundraising Expenses $0

Program Expenses $307,340

Other Expenses $164,366

TOTAL EXPENSES $332,486

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,386	$376,727	+0.1%
Expenses	$332,486	$322,039	+0.0%
Net Income	$81,900	$54,688	+0.5%

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

$159,985

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SCHNICKER	BUSINESS MANAGER	40.00	Officer	$104,174	$55,811	$159,985
MIKE REICHERT	TRUSTEE	1.00	Director	$0	$0	$0
CLARK SATTERLEE	TRUSTEE	1.00	Director	$0	$0	$0
DUSTIN LAWLER	TRUSTEE	1.00	Director	$0	$0	$0
ERIC WILKINSON	TRUSTEE	1.00	Director	$0	$0	$0
TOM HENSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES GRANDT	VICE-PRESIDENT	1.00	Officer 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
2024	$414,386	$332,486	$443,273	$81,900
2023	$376,727	$322,039	$362,368	$54,688
2022	$401,158	$289,218	$307,622	$111,940
2021	$327,144	$287,015	$212,555	$40,129
2020	$303,385	$293,433	$175,834	$9,952
2019	$275,220	$273,437	$169,706	$1,783
2018	$277,278	$284,106	$171,284	$-6,828

UNITED ASSOCIATION OF JOURNEYMEN & APPRENTICES 653