UNITED BROTHERHOOD OF CARPENTERS &… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1899

Legal Domicile

Principal Officer

MICHAEL KWIATKOWSKI

Phone

6513790200

Tax Period

2023-07-01 to 2024-01-23

UNITED BROTHERHOOD OF CARPENTERS & FLOOR COVERS LOCAL UNION NO 344, founded in 1899, is a small nonprofit that reported $325K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year.

Mission

TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

Program Service Accomplishments

Program 1

TO PROVIDE FOR, PROTECT, AND IMPROVE THE GENERAL WELFARE OF ITS MEMBERS AND THE INDIVIDUALS IT REPRESENTS BY THE LOCAL BOTH DIRECTLY AND INDIRECTLY BY ALL LAWFUL MEANS AND METHODS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $209,937

Investment Income $58,701

Other Revenue $56,795

TOTAL REVENUE $325,433

Expense Breakdown

Grants Paid $6,550

Salaries & Benefits $48,525

Fundraising Expenses $0

Other Expenses $237,529

TOTAL EXPENSES $354,359

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,433	$405,871	-0.2%
Expenses	$354,359	$417,470	-0.2%
Net Income	$-28,926	$-11,599	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL KWIATKOWSKI	UBCJA DISTRI	N/A	Officer	$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	$325,433	$354,359	No data	$-28,926
2023	$405,871	$417,470	$2,226,338	$-11,599
2022	$561,860	$509,111	$2,233,336	$52,749
2021	$575,040	$379,207	$2,180,797	$195,833
2020	$433,538	$452,495	$1,985,614	$-18,957
2019	$446,935	$561,653	$2,004,541	$-114,718
2018	$491,437	$486,638	$2,119,203	$4,799

UNITED BROTHERHOOD OF CARPENTERS & FLOOR COVERS LOCAL UNION NO 344