MONROE PLUMBERS & PIPEFITTERS LOCAL 671 JT APPRENTICE & TRAINING PLAN

EIN: 382359331

MONROE, MI

Total Revenue
$1,505,887
Total Expenses
$693,586
Total Assets
$2,578,956
Net Assets
$2,345,791
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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
1981
Legal Domicile
MI
Principal Officer
MICHAEL JEWELL
Phone
7342425711
Tax Period
2024-05-01 to 2025-04-30

MONROE PLUMBERS & PIPEFITTERS LOCAL 671 JT APPRENTICE & TRAINING PLAN, founded in 1981, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $812K, a strong 54% operating margin.

Mission

THE U.A. PLUMBERS AND PIPEFITTERS LOCAL 671 JOINT APPRENTICE AND TRAINING PLAN IS CRAFTED FOR THE PURPOSE OF PROVIDING AN APPRENTICESHIP AND TRAINING PROGRAM FOR THE UNION MEMEBRS OF THE PLUMBING AND PIPEFITTING INDUSTRY UNDER A COLLECTIVELY BARGAINED AGREEMENT, ON BEHALF OF THE MONROE PLUMBERS AND PIPEFITTERS LOCAL 671, IN COMPLIANCE WITH 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,415,765
Investment Income $67,760
Other Revenue $22,362
TOTAL REVENUE $1,505,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $389,030
Fundraising Expenses $0
Other Expenses $168,732
TOTAL EXPENSES $693,586

Year-over-Year Comparison

2024 2023 Change
Revenue $1,505,887 $691,798 +1.2%
Expenses $693,586 $592,428 +0.2%
Net Income $812,301 $99,370 +7.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
4
Employees
33
Volunteers
4

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
$678
Total Directors
8
$21,042
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY MOLNAR TRUSTEE 1.00
Director
$12,265 $0 $12,265
STEVE HINKLE TRUSTEE 1.00
Director
$4,453 $0 $4,453
VINCENT FENECH TRUSTEE 1.00
Director
$3,646 $0 $3,646
MICHAEL JEWELL CHAIRMAN 1.00
Officer Director
$678 $0 $678
JOSHUA FISHER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT SIEB TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH THEISEN SECRETARY TR 1.00
Officer Director
$0 $0 $0
BEN VITTORE 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
2025 $1,505,887 $693,586 $2,578,956 $812,301
2024 $691,798 $592,428 $1,825,313 $99,370
2023 $719,054 $492,650 $1,454,686 $226,404
2022 $635,750 $503,095 $1,212,223 $132,655
2021 $455,042 $366,367 $1,081,270 $88,675
2020 $472,181 $347,592 $992,192 $124,589
2019 $440,573 $313,400 $868,745 $127,173
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