PLUMBERS & STEAMFITTERS UA LOCAL 716 LABOR MANAGEMENT COOPERATION TRUST (EIN 463541234) - 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

2013

Legal Domicile

Principal Officer

ANTHONY SIROIS

Phone

2032697741

Tax Period

2023-01-01 to 2023-12-31

PLUMBERS & STEAMFITTERS UA LOCAL 716 LABOR MANAGEMENT COOPERATION TRUST, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $207K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $277K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO ADVANCE THE COLLECTIVELY BARGAINED PLUMBERS & STEAMFITTERS THROUGH COMMUNICATION, TRUST AND MUTUAL RESPECT BETWEEN THE UNION AND EMPLOYERS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $207,344

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,344

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $276,681

TOTAL EXPENSES $276,681

Year-over-Year Comparison

	2023	2022	Change
Revenue	$207,344	$159,556	+0.3%
Expenses	$276,681	$112,848	+1.5%
Net Income	$-69,337	$46,708	-2.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN NAPOLITANO	TRUSTEE (P)	2.00	Director	$0	$0	$0
STEPHEN AFFANATO	TRUSTEE	2.00	Director	$0	$0	$0
GARY SAINIO	ALT. TRUSTEE (P)	2.00	Director	$0	$0	$0
PARRIE WILLETTE	ALT. TRUSTEE	2.00	Director	$0	$0	$0
TONY SIROIS	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL WINCHENBACH	ALT. TRUSTEE	2.00	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	No data	No data	No data	No data
2023	$207,344	$276,681	$378,491	$-69,337
2022	$159,556	$112,848	$447,828	$46,708
2021	$117,352	$265,731	$401,120	$-148,379
2020	$106,351	$117,418	$549,499	$-11,067
2019	$322,643	$456,062	$560,566	$-133,419
2018	$360,863	$274,096	$693,985	$86,767

PLUMBERS & STEAMFITTERS UA LOCAL 716 LABOR MANAGEMENT COOPERATION TRUST