UNITED ASSOCIATION PLUMBER LOCAL NO 15 BUILDING CORPORATION

EIN: 410881771

MAPLE GROVE, MN

Total Revenue
$1,575,756
Total Expenses
$893,190
Total Assets
$23,792,370
Net Assets
$10,069,620
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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
1964
Legal Domicile
MN
Principal Officer
THOMAS PAHKALA
Phone
6123338601
Tax Period
2024-01-01 to 2024-12-31

UNITED ASSOCIATION PLUMBER LOCAL NO 15 BUILDING CORPORATION, founded in 1964, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $683K, a strong 43% operating margin.

Mission

THE UNITED ASSOCIATION PLUMBERS UNION LOCAL NO. 15 BUILDING CORPORATION PROVIDES OFFICE AND HALL FACILITIES TO LOCAL UNION ORGANIZATIONS.

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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 $0
Investment Income $5,504
Other Revenue $1,570,252
TOTAL REVENUE $1,575,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $893,190
TOTAL EXPENSES $893,190

Year-over-Year Comparison

2024 2023 Change
Revenue $1,575,756 $1,803,170 -0.1%
Expenses $893,190 $952,267 -0.1%
Net Income $682,566 $850,903 -0.2%
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
14
Independent Members
1
Employees
N/A
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
9
$1,069,691
Total Directors
19
$1,085,742
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT GALE LEFT JUNE 2024 BUSINESS MANAGER 0.50
Officer Director
$0 $54,578 $138,387
THOMAS PAHKALA BUSINESS MANAGER 0.50
Officer Director
$0 $102,522 $270,934
JOSEPH LANE BUSINESS AGENT 0.50
Officer Director
$0 $100,434 $259,679
JOHANN PETERSON BUSINESS AGENT 0.50
Officer Director
$0 $49,731 $127,315
MIKE BRANDT BUSINESS AGENT 0.50
Officer Director
$0 $51,788 $134,090
DAVE LILLBACK BUSINESS AGENT 0.50
Officer Director
$0 $51,941 $134,853
PAUL MASON PRESIDENT 0.50
Officer Director
$0 $0 $1,459
JOE GARDELL VICE PRESIDENT 0.50
Officer Director
$0 $0 $2,974
ERIC OLIVERIUS EXECUTIVE BOARD 0.50
Director
$0 $0 $997
JUSTIN PARIZEK EXECUTIVE BOARD 0.50
Director
$0 $0 $0
ERIC TORGERSON EXECUTIVE BOARD 0.50
Director
$0 $0 $2,594
KEN THUNDER EXECUTIVE BOARD 0.50
Director
$0 $0 $4,041
ROGER VILLANUEVA FINANCE BOARD 0.50
Director
$0 $0 $1,675
ANDREW JAMBOR FINANCE BOARD 0.50
Director
$0 $0 $667
CURT VREEMAN FINANCE BOARD 0.50
Director
$0 $0 $1,257
RICH HANSON LEFT JUNE 2024 EXECUTIVE BOARD 0.50
Director
$0 $0 $1,894
SCOTT SUNDGAARD LEFT JUNE 2024 EXECUTIVE BOARD 0.50
Director
$0 $0 $2,926
JOHN PARIZEK LEFT JUNE 2024 FINANCE BOARD 0.50
Director
$0 $0 $0
GRANT EDWARDS LEFT JUNE 2024 PRESIDENT 0.50
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
2024 $1,575,756 $893,190 $23,792,370 $682,566
2023 $1,803,170 $952,267 $23,591,411 $850,903
2022 $1,592,792 $1,406,117 $22,377,305 $186,675
2021 $4,028,554 $1,420 $21,227,663 $4,027,134
2020 $2,112,566 $132,636 $8,374,026 $1,979,930
2019 $354,107 $5,005 $1,712,884 $349,102
2018 $335,730 $1,450 $1,365,238 $334,280
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