PHILADELPHIA, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW JERSEY INDUSTRIAL PAINTERS ASSOCIATION INC, founded in 2011, is a small nonprofit in the Employment sector that reported $101K in total revenue in fiscal year 2022. Expenses of $165K exceeded revenue, resulting in a 64% operating deficit.
THE CORPORATIONS PRIMARY EXEMPT PURPOSE IS TO ADVANCE AND PROMOTE, IN THE STATE OF NEW JERSEY, THE UNION CONTRACTING SECTOR OF THE INDUSTRIAL PAINTING AND COATING INDUSTRY. THE CORPORATION INTENDS TO ENGAGE IN FOUR MAJOR ACTIVITIES TO FURTHER THIS PURPOSE. THESE ACTIVITIES ARE AS FOLLOWS: EDUCATIONAL PROGRAMS, COLLECTIVE BARGAINING NEGOTIATIONS, PARTICIPATION IN THE OVERSIGHT OF APPRENTICESHIP TRAINING PROGRAMS AND PUBLIC RELATIONS AND MARKETING.
THE CORPORATION INVITES SPEAKERS TO COME BEFORE THEMEMBERSHIP AND ADDRESS, WITHIN THEIR AREAS OF EXPERTISE,AREAS OF INTEREST TO CONTRACTORS IN THE INDUSTRIAL PAINTINGAND COATING INDUSTRY IN ORDER TO...
THE CORPORATION INVITES SPEAKERS TO COME BEFORE THEMEMBERSHIP AND ADDRESS, WITHIN THEIR AREAS OF EXPERTISE,AREAS OF INTEREST TO CONTRACTORS IN THE INDUSTRIAL PAINTINGAND COATING INDUSTRY IN ORDER TO MAKE MEMBERSHIP BETTERINFORMED AND KNOWLEDGEABLE ABOUT VARIOUS ASPECTS OF THEIRBUSINESS, SO AS TO IMPROVE THE OPERATIONS AND BUSINESSPROCEDURES OF THE MEMBERS, THEREBY ADVANCING THE INDUSTRY.
THE MEMBERS OF THE CORPORATION ARE INDUSTRIAL PAINTING CONTRACTING FIRMS WHOSE FIELD EMPLOYEES ARE MEMBERS OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES, BRIDGE, TANK AND STRUCTURAL STEEL...
THE MEMBERS OF THE CORPORATION ARE INDUSTRIAL PAINTING CONTRACTING FIRMS WHOSE FIELD EMPLOYEES ARE MEMBERS OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES, BRIDGE, TANK AND STRUCTURAL STEEL LOCAL UNION NO. 1331. THE WAGES, FRINGE BENEFITS AND OTHER TERMS OF EMPLOYMENT OF THESE FIELD EMPLOYEES ARE SET FORTH IN A COLLECTIVE BARGAINING AGREEMENT BETWEEN THE CORPORATION AND STRUCTURAL STEEL LOCAL UNION NO. 1331, WHICH IS SUBJECT TO RENEWAL AND RENEGOTIATION, GENERALLY EVERY THREE YEARS. THE MEMBERS OF THE CORPORATION SHARE A COMMON INTEREST IN NEGOTIATING RENEWALS OF THE COLLECTIVE BARGAINING AGREEMENT WHICH WILL CONTAIN TERMS THAT WILL ALLOW THE MEMBERS TO COMPETE EFFECTIVELY IN THE MARKETPLACE WHILE AT THE SAME TIME PROVIDING FOR THEIR EMPLOYEES.
THE NEW FIELD WORKERS IN THE UNION CONSTRUCTION SECTOR RECEIVE THEIR TRAINING IN AN APPRENTICESHIP PROGRAM WHICH IS JOINTLY ADMINISTERED BY MANAGEMENT REPRESENTATIVES AND BY UNION REPRESENTATIVES...
THE NEW FIELD WORKERS IN THE UNION CONSTRUCTION SECTOR RECEIVE THEIR TRAINING IN AN APPRENTICESHIP PROGRAM WHICH IS JOINTLY ADMINISTERED BY MANAGEMENT REPRESENTATIVES AND BY UNION REPRESENTATIVES. THIS JOINT APPRENTICESHIP COMMITTEE FORMULATES THE CURRICULUM AND SCHEDULE OF TRAINING TO BE RECEIVED BY WORKERS. CORPORATION MEMBERS MONITOR THE TRAINING PROGRAM AND RECOMMEND THE INTRODUCTION INTO THE PROCESS OF THE TEACHING OF NEW SKILLS AND TECHNIQUES THAT ARE REQUIRED IN THE INDUSTRIAL PAINTING AND COATING INDUSTRY. OVERSIGHT OF THE TRAINING OF APPRENTICES IS VITAL TO THE ADVANCEMENT OF THE INDUSTRIAL PAINTING INDUDSTRY TO ENSURE THAT THERE IS A CONSTANT INFLUX OF NEWLY TRAINED AND SKILLED WORKERS WHO ARE PREPARED TO PERFORM PRODUCTIVELY AND EFFECTIVELY AT THE JOB SITE.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $100,552 | $94,453 | +0.1% |
| Expenses | $165,341 | $91,511 | +0.8% |
| Net Income | $-64,789 | $2,942 | -23.0% |
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 |
|---|---|---|---|---|---|---|
| PAUL TSOUROUS | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM SULKOWSKI | TREASURER/SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN PSARIANOS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $100,552 | $165,341 | $334,509 | $-64,789 |
| 2021 | $94,453 | $91,511 | $399,298 | $2,942 |
| 2020 | $135,826 | $146,272 | $396,356 | $-10,446 |
| 2019 | $115,499 | $173,567 | $406,802 | $-58,068 |
| 2018 | $116,333 | $76,734 | $464,870 | $39,599 |
Compare NEW JERSEY INDUSTRIAL PAINTERS ASSOCIATION INC with other nonprofits in Pennsylvania and across the country.