VIRGINIA, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UNITED ASSOCIATION OF PLUMBERS & PIPEFITTERS LOCAL UNION 589, founded in 1970, is a small nonprofit that reported $990K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $155K, a strong 16% operating margin.
REPRESENT MEMBES OF PLUMBERS LOCAL 589 IN NEGOTIATING CONTRACTS FOR THE BETTERMENT OF MEMBERS OF PLUMBERS AND PIPEFITTERS LOCAL 589
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $989,528 | $830,132 | +0.2% |
| Expenses | $834,707 | $705,453 | +0.2% |
| Net Income | $154,821 | $124,679 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JASON QUIGGIN | BUS GMR/TREA | 40.00 |
Officer
Director
|
$155,298 | $71,500 | $226,798 |
| GREG ARNESEN | RECORDING SE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMMY CSMARICH | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| NICK EVENS | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| AARON GARRELTS | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE MAJERLE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH OLSON | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD RIIHINEN | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC SCHRAMM | VICE PRESIDE | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON SELISKAR | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL TOMASSONI | EXEC BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $989,528 | $834,707 | $1,335,910 | $154,821 |
| 2024 | $830,132 | $705,453 | $1,175,056 | $124,679 |
| 2023 | $843,176 | $623,229 | $1,048,746 | $219,947 |
| 2022 | $650,629 | $545,760 | $826,007 | $104,869 |
| 2021 | $640,392 | $582,385 | $718,223 | $58,007 |
| 2020 | $469,879 | $513,053 | $672,705 | $-43,174 |
| 2019 | $591,576 | $542,542 | $732,417 | $49,034 |
| 2018 | $417,890 | $511,206 | $702,368 | $-93,316 |
Compare UNITED ASSOCIATION OF PLUMBERS & PIPEFITTERS LOCAL UNION 589 with other nonprofits in Minnesota and across the country.