PIPEFITTERS STEAMFITTERS CREDIT UNION (EIN 410843373) - Form 990 Financial Analysis & Trantor Score

🔒

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

1957

Legal Domicile

Principal Officer

JENNIFER DAVIS

Phone

6512270771

Tax Period

2024-01-01 to 2024-12-31

PIPEFITTERS STEAMFITTERS CREDIT UNION, founded in 1957, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $495K, a strong 17% operating margin.

Mission

PROVIDE FINANCIAL SERVICES FOR MEMBERS AND THEIR FAMILIES OF UNION LOCAL 455

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,835,310

Investment Income $858,089

Other Revenue $135,608

TOTAL REVENUE $2,829,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $752,174

Fundraising Expenses $0

Other Expenses $1,285,538

TOTAL EXPENSES $2,333,953

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,829,007	$2,360,509	+0.2%
Expenses	$2,333,953	$1,947,910	+0.2%
Net Income	$495,054	$412,599	+0.2%

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

Independent Members

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

$149,439

Total Directors

$3,610

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM HOEN	BOARD CHAIRMAN	2.00	Officer Director	$470	$0	$470
JAKE YOUNG	BOARD MEMBER	2.00	Director	$110	$0	$110
RYAN VAIL	VICE CHAIRMAN	2.00	Officer Director	$570	$0	$570
PATRICK MOORE	SECRETARY	2.00	Officer Director	$580	$0	$580
CURTIS JOHNSON	BOARD MEMBER	2.00	Director	$830	$0	$830
MICHAEL MENNE	BOARD MEMBER	2.00	Director	$630	$0	$630
LAUREN WICKLAND	BOARD MEMBER	2.00	Director	$420	$0	$420
JENNIFER DAVIS	PRESIDENT/CEO	40.00	Officer	$127,674	$20,145	$147,819

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	$2,829,007	$2,333,953	$50,468,925	$495,054
2023	$2,360,509	$1,947,910	$51,735,962	$412,599
2022	$1,998,377	$1,814,928	$55,270,773	$183,449
2021	$1,752,251	$1,649,330	$53,259,112	$102,921
2020	$1,823,684	$1,659,840	$48,811,724	$163,844
2019	$1,879,430	$1,588,910	$44,436,709	$290,520
2018	$1,575,500	$1,419,354	$39,788,405	$156,146

PIPEFITTERS STEAMFITTERS CREDIT UNION