CARPENTERS LOCAL UNION 256

EIN: 580469514

SAVANNAH, GA

Total Revenue
$292,878
Total Expenses
$263,017
Total Assets
$935,601
Net Assets
$933,691
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
GA
Principal Officer
RAYMOND MCCULLOUGH
Phone
9123410323
Tax Period
2023-07-01 to 2024-06-30

CARPENTERS LOCAL UNION 256 is a small nonprofit that reported $293K in total revenue in fiscal year 2023. Expenses of $263K left a modest 10% surplus.

Mission

THE MISSION OF THIS LOCAL SHALL BE TO PROMOTE AND PROTECT THE INTEREST OF OUR MEMBERSHIP, TO ENCOURAGE THE APPRENTICESHIP SYSTEM AND HIGHER STANDARD OF SKILL, TO REDUCE THE HOURS OF LABOR, TO SECURE ADEQUATE PAY FOR OUR WORK, TO ELEVATE THE STANDARD OF OUR CRAFT, TO CULTIVATE A FEELING OF FRIENDSHIP AMONG THE MEMBERS OF THIS BROTHERHOOD, TO ASSIST MEMBERS IN PROCURING EMPLOYMENT AND TO PROTECT OUR MEMBERS BY LEGAL AND PROPER MEANS AGAINST ANY INJUSTICE THAT MAY BE DONE TO THEM, AND TO IMPROVE THE MORAL, SOCIAL AND INTELLECTUAL CONDITIONS OF OUR MEMBERS AND ALL WORKING PEOPLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $261,502
Investment Income $176
Other Revenue $31,200
TOTAL REVENUE $292,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,972
Fundraising Expenses $0
Other Expenses $192,045
TOTAL EXPENSES $263,017

Year-over-Year Comparison

2023 2022 Change
Revenue $292,878 $272,336 +0.1%
Expenses $263,017 $288,799 -0.1%
Net Income $29,861 $-16,463 -2.8%
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

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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
10
Independent Members
10
Employees
1
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
9
$2,919
Total Directors
1
$360
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIMENEZ IRENE TRUSTEE 1.00
Officer
$1,089 $0 $1,089
RAYMOND MCCULLOUGH FINANCIAL SE 1.00
Director
$360 $0 $360
DANIEL BOYN RECORDING SE 1.00
Officer
$330 $0 $330
ZACHARY JACKSON PRESIDENT 1.00
Officer
$330 $0 $330
SEAN PRESSBURG WARDEN 1.00
Officer
$330 $0 $330
DENTON BRANTLEY TRUSTEE 1.00
Officer
$270 $0 $270
SMITH MICHELLE TRUSTEE 1.00
Officer
$270 $0 $270
MATTHEW PRIESAND CONDUCTOR 1.00
Officer
$240 $0 $240
ANGELA EDENFIELD TRUSTEE 1.00
Officer
$30 $0 $30
SEAN EDENFIELD SR VICE PRESIDE 1.00
Officer
$30 $0 $30
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 $292,878 $263,017 $935,601 $29,861
2023 $272,336 $288,799 $905,269 $-16,463
2022 $284,365 $264,773 $921,955 $19,592
2021 $312,151 $240,381 $902,387 $71,770
2020 $293,434 $254,008 $846,171 $39,426
2019 $290,146 $241,379 $789,505 $48,767
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