METROPOLITAN DETROIT PLUMBING INDUSTRY TRAINING TRUST FUND

EIN: 381873567 501(c)(3) Employment

TROY, MI

Total Revenue
$1,722,354
Total Expenses
$1,955,281
Total Assets
$5,292,577
Net Assets
$5,252,882
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
MI
Principal Officer
CARLO CASTIGLIONE
Phone
2488139800
Tax Period
2023-01-01 to 2023-12-31

METROPOLITAN DETROIT PLUMBING INDUSTRY TRAINING TRUST FUND, founded in 1937, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2023. Expenses of $2.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE METROPOLITAN DETROIT PLUMBING INDUSTRY TRAINING TRUST FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING TRAINING FOR APPRENTICE AND JOURNEYMEN PLUMBERS IN THE LOCAL 98 JURISDICTION UNDER A COLLECTIVELY BARGAINED AGREEMENT, ON BEHALF OF THE PLUMBERS LOCAL NO. 98, IN COMPLIANCE WITH THE TAFT-HARTLEY ACT.

Program Service Accomplishments

Program 1
Expenses: $1,955,281 Revenue: $1,720,724

THE METROPOLITAN DETROIT PLUMBING INDUSTRY TRAINING TRUST FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING TRAINING FOR APPRENTICE AND JOURNEYMEN PLUMBERS IN THE LOCAL 98 JURISDICTION UNDER A...

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THE METROPOLITAN DETROIT PLUMBING INDUSTRY TRAINING TRUST FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING TRAINING FOR APPRENTICE AND JOURNEYMEN PLUMBERS IN THE LOCAL 98 JURISDICTION UNDER A COLLECTIVELY BARGAINED AGREEMENT, ON BEHALF OF THE PLUMBERS LOCAL NO. 98, IN COMPLIANCE WITH THE TAFT-HARTLEY ACT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,720,724
Investment Income $0
Other Revenue $1,630
TOTAL REVENUE $1,722,354

Expense Breakdown

Grants Paid $0
Salaries & Benefits $861,250
Fundraising Expenses $0
Program Expenses $1,955,281
Other Expenses $810,423
TOTAL EXPENSES $1,955,281

Year-over-Year Comparison

2023 2022 Change
Revenue $1,722,354 $1,759,472 0.0%
Expenses $1,955,281 $2,050,800 0.0%
Net Income $-232,927 $-291,328 -0.2%
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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Governance

Voting Members
6
Independent Members
2
Employees
18
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
2
$123,214
Total Directors
6
$354,000
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER OPALKA INSTRUCTOR 40.00
Highest
$135,423 $0 $135,423
RYAN LYLE INSTRUCTOR 40.00
Highest
$119,789 $0 $119,789
ROBERT MURLEY INSTRUCTOR 40.00
Highest
$118,445 $0 $118,445
CARLO CASTIGLIONE TRUSTEE 1.00
Director
$0 $0 $115,861
JONATHAN DEROO TRUSTEE 1.00
Director
$0 $0 $114,925
GARY GLASER CHAIRMAN 1.00
Officer Director
$0 $0 $112,325
MICHAEL MELARAGNI SECRETARY 1.00
Officer Director
$10,889 $0 $10,889
CHRIS FREEMAN TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM JAMES 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
2024 No data No data No data No data
2023 $1,722,354 $1,955,281 $5,292,577 $-232,927
2022 $1,759,472 $2,050,800 $5,532,332 $-291,328
2021 $1,888,135 $1,755,311 $5,854,819 $132,824
2020 $1,538,970 $1,384,033 $5,874,594 $154,937
2019 $1,461,839 $1,401,058 $5,528,537 $60,781
2018 $1,656,078 $1,570,223 $5,463,297 $85,855
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