PLUMBERS & PIPEFITTERS LOCAL NO 333 HEALTH & WELFARE BENEFIT PLAN

EIN: 383544316 Mutual Benefit

LANSING, MI

Total Revenue
$19,457,996
Total Expenses
$16,332,969
Total Assets
$23,500,547
Net Assets
$13,235,502
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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
2000
Legal Domicile
MI
Principal Officer
DUSTIN HOWARD
Phone
5173217502
Tax Period
2023-07-01 to 2024-06-30

PLUMBERS & PIPEFITTERS LOCAL NO 333 HEALTH & WELFARE BENEFIT PLAN, founded in 2000, is a mid-sized nonprofit in the Mutual Benefit sector that reported $19.5M in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 16% operating margin.

Mission

THE PLUMBERS AND PIPEFITTERS LOCAL NO. 333 HEALTH AND WELFARE FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING HEALTH BENEFITS TO ELIGIBLE INDIVIDUALS UNDER A COLLECTIVELY BARGAINED AGREEMENT, ON BEHALF OF THE LANSING PLUMBERS AND PIPEFITTERS LOCAL NO. 333, 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 $17,117,892
Investment Income $690,303
Other Revenue $1,649,801
TOTAL REVENUE $19,457,996

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,032
Fundraising Expenses $0
Other Expenses $1,106,606
TOTAL EXPENSES $16,332,969

Year-over-Year Comparison

2023 2022 Change
Revenue $19,457,996 $13,944,648 +0.4%
Expenses $16,332,969 $13,284,633 +0.2%
Net Income $3,125,027 $660,015 +3.7%
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
41
Volunteers
8

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
$0
Total Directors
8
$614,290
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PRICE DOBERNICK FORMER CHAIR N/A
$0 $81,251 $216,269
JOSEPH MICHILIZZI TRUSTEE 1.00
Director
$0 $79,916 $209,041
BRANDON M SNYDER TRUSTEE 1.00
Director
$0 $78,574 $202,773
CHRIS KECK TRUSTEE 1.00
Director
$0 $78,574 $202,476
JOHN GREEN TRUSTEE 1.00
Director
$0 $0 $0
NATHAN GUNTHORPE TRUSTEE 1.00
Director
$0 $0 $0
DUSTIN HOWARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
KEVIN JONAS TRUSTEE 1.00
Director
$0 $0 $0
CHAD MYERS SECRETARY 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
2025 No data No data No data No data
2024 $19,457,996 $16,332,969 $23,500,547 $3,125,027
2023 $13,944,648 $13,284,633 $18,171,326 $660,015
2022 $13,447,585 $13,460,189 $17,147,736 $-12,604
2021 $14,472,490 $12,583,668 $19,954,579 $1,888,822
2020 $13,033,630 $10,791,982 $17,098,782 $2,241,648
2019 $12,578,747 $10,220,464 $13,671,728 $2,358,283
2018 $11,081,970 $11,187,634 $10,549,701 $-105,664
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