WESTERN MECHANICAL LABOR MANAGEMENT CONFERENCE INC

EIN: 421612128 Community Improvement

DENVER, CO

Total Revenue
$178,195
Total Expenses
$186,378
Total Assets
$82,998
Net Assets
$82,998
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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
1962
Legal Domicile
CO
Principal Officer
BOB FELIX
Phone
3037573956
Tax Period
2024-01-01 to 2024-12-31

WESTERN MECHANICAL LABOR MANAGEMENT CONFERENCE INC, founded in 1962, is a small nonprofit in the Community Improvement sector that reported $178K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

PROMOTE BUSINESS INTERESTS AND IMPROVE LABOR RELATIONS AMONG PLUMBING AND MECHANICAL CONTRACTORS AND THE UNITED ASSOCIATION OF PLUMBERS AND PIPEFITTERS.

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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 $32,500
Investment Income $615
Other Revenue $145,080
TOTAL REVENUE $178,195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $186,378
TOTAL EXPENSES $186,378

Year-over-Year Comparison

2024 2023 Change
Revenue $178,195 $282,147 -0.4%
Expenses $186,378 $238,282 -0.2%
Net Income $-8,183 $43,865 -1.2%
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
5
Independent Members
5
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB FELIX PRESIDENT 1.0
Officer
$0 $0 $0
MIKE CABLES OFFICER 1.0
Officer
$0 $0 $0
AL STONE OFFICER 1.0
Officer
$0 $0 $0
CHIP MARTIN SECRETARY 1.0
Officer
$0 $0 $0
STEVE VALOT VICE PRESIDENT/TREASURER 1.0
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 $178,195 $186,378 $82,998 $-8,183
2023 $282,147 $238,282 $91,181 $43,865
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