PLUMBERS AND STEAMFITTERS PROTECTIVE ASSOCIATION INC

EIN: 526038675

NOTTINGHAM, MD

Total Revenue
$142,185
Total Expenses
$204,293
Total Assets
$2,054,237
Net Assets
$2,053,003
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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
1995
Legal Domicile
MD
Principal Officer
MARK JACKMAN
Phone
4108664380
Tax Period
2024-01-01 to 2024-12-31

PLUMBERS AND STEAMFITTERS PROTECTIVE ASSOCIATION INC, founded in 1995, is a small nonprofit that reported $142K in total revenue in fiscal year 2024. Expenses of $204K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE SUPPORT TO LOCAL 486 MEMBERS AND TO SERVE AS A TITLE HOLDING COMPANY.

Program Service Accomplishments

Program 1

THE PLUMBERS AND STEAMFITTERS PROTECTIVE ASSOCIATION, INC. IS A TITLE HOLDING COMPANY FOR THE PLUMBERS AND STEAMFITTERS LOCAL UNION NO. 486. THE ORGANIZATION MAINTAINS AND OPERATES THE BUILDINGS FOR...

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THE PLUMBERS AND STEAMFITTERS PROTECTIVE ASSOCIATION, INC. IS A TITLE HOLDING COMPANY FOR THE PLUMBERS AND STEAMFITTERS LOCAL UNION NO. 486. THE ORGANIZATION MAINTAINS AND OPERATES THE BUILDINGS FOR THE UNION. ALSO, THE ORGANIZATION HAS THE GOAL OF PROMOTING SOCIAL WELFARE, EDUCATION, AND RECREATION OF THE MEMBERS OF LOCAL NO. 486.

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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 $141,164
Program Service Revenue $0
Investment Income $-29,533
Other Revenue $30,554
TOTAL REVENUE $142,185

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,150
Fundraising Expenses $0
Other Expenses $202,143
TOTAL EXPENSES $204,293

Year-over-Year Comparison

2024 2023 Change
Revenue $142,185 $135,163 +0.1%
Expenses $204,293 $121,578 +0.7%
Net Income $-62,108 $13,585 -5.6%
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
20
Independent Members
20
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
1
$206,865
Total Directors
20
$1,008,285
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY GLAB TRUSTEE 0.50
Director
$650 $85,716 $198,738
RICHARD M RIVERA RECORDING SECRETARY 0.50
Director
$450 $0 $450
JESSE D FIELDS TRUSTEE 0.50
Director
$0 $0 $0
ROBERT A BENNETT JR TRUSTEE 0.50
Director
$450 $0 $1,100
HARRY SCHLEICHER JR TRUSTEE 0.50
Director
$50 $85,716 $200,738
CHRISTOPHER ANDERSON JR TRUSTEE 0.50
Director
$50 $0 $600
CHARLES PETROVIA TRUSTEE 0.50
Director
$0 $0 $0
TODD ECKLEY TRUSTEE 0.50
Director
$50 $85,716 $195,706
DAVID WILLIAMS TRUSTEE 0.50
Director
$50 $0 $550
C RYAN AMBROSE TRUSTEE 0.50
Director
$50 $85,716 $200,738
COLLIN A COOPER TRUSTEE 0.50
Director
$50 $0 $50
LUTHER C OWENS TRUSTEE 0.50
Director
$50 $0 $50
JEFFREY D HUBER TRUSTEE 0.50
Director
$0 $0 $0
JONATHAN KAMINSKI TRUSTEE 0.50
Director
$0 $0 $200
KYLE J ELROD TRUSTEE 0.50
Director
$50 $0 $600
TRAVIS S STRAWDERMAN TRUSTEE 0.50
Director
$50 $0 $50
KENNETH D SCOTT TRUSTEE 0.50
Director
$50 $0 $600
JOHN J LAUBACH TRUSTEE 0.50
Director
$0 $0 $700
JOSHUA G ROYCROFT TRUSTEE 0.50
Director
$50 $0 $550
PASQUALE D PETROVIA BUSINESS MANAGER 0.50
Officer Director
$50 $85,716 $206,865
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 No data No data No data No data
2024 $142,185 $204,293 $2,054,237 $-62,108
2023 $135,163 $121,578 $1,979,131 $13,585
2022 $188,836 $102,448 $1,831,642 $86,388
2021 $360,697 $109,018 $1,958,442 $251,679
2020 $178,253 $90,570 $1,840,331 $87,683
2019 $188,401 $99,280 $1,703,856 $89,121
2018 $207,428 $98,891 $1,529,723 $108,537
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