PLUMBERS & PIPEFITTERS LOCAL 74- JOINT APPRENTICESHIP COMMITTEE

EIN: 510097014

NEWARK, DE

Total Revenue
$1,204,966
Total Expenses
$1,105,318
Total Assets
$1,278,484
Net Assets
$999,124
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DE
Principal Officer
CHRISTOPHER MUNTZ
Phone
3026367400
Tax Period
2024-07-01 to 2025-06-30

PLUMBERS & PIPEFITTERS LOCAL 74- JOINT APPRENTICESHIP COMMITTEE, founded in 1989, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 8% surplus.

Mission

TO PROVIDE EDUCATIONAL AND SAFETY TRAINING FOR APPRENTICE AND JOURNEYMAN UNION PLUMBERS AND PIPEFITTERS.

Program Service Accomplishments

Program 1
Expenses: $1,105,318 Revenue: $1,204,665

THE JOINT APPRENTICESHIP TRAINING COMMITTEE LOCAL NO. 74 IS ESTABLISHED FOR THE PURPOSE OF PROVIDING FOR THE TRAINING OF QUALIFIED PERSONS IN THE TRADE FOR THE MUTUAL BENEFIT OF THE UNION AND THE...

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THE JOINT APPRENTICESHIP TRAINING COMMITTEE LOCAL NO. 74 IS ESTABLISHED FOR THE PURPOSE OF PROVIDING FOR THE TRAINING OF QUALIFIED PERSONS IN THE TRADE FOR THE MUTUAL BENEFIT OF THE UNION AND THE EMPLOYERS BY APPROPRIATE TRAINING IN THE SKILLS NECESSARY TO BE QUALIFIED AS A JOURNEYMAN IN THE TRADE AND TO MEET THE STANDARDS OF THE APPRENTICE TRAINING IN THE SKILLS NECESSARY TO BE QUALIFIED AS A JOURNEYMAN IN THE TRADE AND TO MEET THE STANDARDS OF THE APPRENTICE TRAINING SYSTEM AS CALLED FOR BY THE CONSTITUION OF THE UNITED ASSOCIATION.

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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 $1,204,665
Investment Income $301
Other Revenue $0
TOTAL REVENUE $1,204,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $592,212
Fundraising Expenses $0
Program Expenses $1,105,318
Other Expenses $513,106
TOTAL EXPENSES $1,105,318

Year-over-Year Comparison

2024 2023 Change
Revenue $1,204,966 $1,255,103 0.0%
Expenses $1,105,318 $1,099,916 +0.0%
Net Income $99,648 $155,187 -0.4%
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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Governance

Voting Members
8
Independent Members
8
Employees
28
Volunteers
8

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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT STEWART TRUSTEE N/A
Director
$0 $0 $0
JOSEPH BAKER TRAINING DIR 40.00
Highest
$134,834 $107,189 $242,023
JAMES LISTER TRUSTEE N/A
Director
$0 $0 $0
JEFF SILL TRUSTEE N/A
Director
$0 $0 $0
ROBERT TESTA JR TRUSTEE N/A
Director
$0 $0 $0
GEORGE VEASEY TRUSTEE N/A
Director
$0 $0 $0
CHRISTOPHER MUNTZ TRUSTEE N/A
Director
$0 $0 $0
LEE SMITH TRUSTEE N/A
Director
$0 $0 $0
AARON HANLON TRUSTEE N/A
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
2025 $1,204,966 $1,105,318 $1,278,484 $99,648
2024 $1,255,103 $1,099,916 $1,338,602 $155,187
2023 $1,088,404 $1,022,413 $1,006,385 $65,991
2022 $839,790 $1,017,448 $859,484 $-177,658
2021 $693,784 $888,961 $1,029,979 $-195,177
2020 $986,090 $926,430 $1,197,674 $59,660
2019 $1,248,296 $978,736 $1,144,009 $269,560
2018 $932,936 $981,960 $844,386 $-49,024
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