UNITED BROTHERHOOD OF CARPENTERS LOCAL 351 (EIN 451742186) - 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

2011

Legal Domicile

Principal Officer

THOMAS LAJTI

Phone

4198932317

Tax Period

2024-07-01 to 2025-06-30

UNITED BROTHERHOOD OF CARPENTERS LOCAL 351, founded in 2011, is a small nonprofit that reported $518K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TO PROVIDE EMPLOYMENT FOR ITS MEMBERS AND IMPROVE THEIR OVERALL WORKING CONDITIONS.

🔒

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 $12,979

Program Service Revenue $474,529

Investment Income $30,172

Other Revenue $604

TOTAL REVENUE $518,284

Expense Breakdown

Grants Paid $29,622

Salaries & Benefits $101,688

Fundraising Expenses $0

Other Expenses $383,854

TOTAL EXPENSES $515,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$518,284	$563,548	-0.1%
Expenses	$515,164	$499,268	+0.0%
Net Income	$3,120	$64,280	-1.0%

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

N/A

Employees

Volunteers

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

$12,850

Total Directors

$20,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN FULLER	TRUSTEE	1.00	Director	$3,450	$0	$3,450
ANDREW KOEPKE	TRUSTEE	1.00	Director	$3,300	$0	$3,300
THOMAS WIETRZYKOWSKI	RECORDING SE	1.00	Officer Director	$2,850	$0	$2,850
MICHAEL GIBSON	TREASURER	1.00	Officer Director	$2,750	$0	$2,750
THOMAS LAJTI	PRESIDENT	1.00	Officer Director	$2,750	$0	$2,750
JAMES EISEL	WARDEN	1.00	Officer Director	$1,250	$0	$1,250
DAVID SCHERTZ	VICE PRESIDE	1.00	Officer Director	$1,250	$0	$1,250
KHALLIL DAHER	OFFICER	1.00	Officer Director	$1,100	$0	$1,100
JASON BRANDON	TRUSTEE	1.00	Director	$700	$0	$700
TIMOTHY TRAN	CONDUCTOR	1.00	Officer Director	$600	$0	$600
ROBERT CANNON	OFFICER	1.00	Officer Director	$250	$0	$250
RICHARD PHILLIPS	OFFICER	1.00	Officer Director	$50	$0	$50

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
2025	$518,284	$515,164	$725,746	$3,120
2024	$563,548	$499,268	$722,625	$64,280
2023	$498,138	$502,510	$658,344	$-4,372
2022	$484,003	$494,411	$662,680	$-10,408
2021	$527,735	$450,327	$673,073	$77,408
2020	$528,882	$505,635	$595,654	$23,247
2019	$504,806	$521,605	$572,390	$-16,799
2018	$500,330	$478,898	$589,189	$21,432

UNITED BROTHERHOOD OF CARPENTERS LOCAL 351