Plumbers and Pipefitters 572 Joint Apprenticeship Committee

EIN: 620903513 501(c)(3) Education

Nashville, TN

Total Revenue
$2,549,091
Total Expenses
$2,403,056
Total Assets
$2,183,765
Net Assets
$2,044,504
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
TN
Principal Officer
John Sechler
Phone
6152275542
Tax Period
2023-07-01 to 2024-06-30

Plumbers and Pipefitters 572 Joint Apprenticeship Committee, founded in 1973, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.4M left a modest 6% surplus.

Mission

The Funds purpose is to provide training and education benefits to eligible participants under terms of a collective bargaining agreement between the various employers and the Plumbers Local Union 630.

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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 $2,417,658
Program Service Revenue $38,142
Investment Income $0
Other Revenue $93,291
TOTAL REVENUE $2,549,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,266,416
Fundraising Expenses $0
Program Expenses $2,403,056
Other Expenses $1,136,640
TOTAL EXPENSES $2,403,056

Year-over-Year Comparison

2023 2022 Change
Revenue $2,549,091 $2,197,782 +0.2%
Expenses $2,403,056 $2,035,052 +0.2%
Net Income $146,035 $162,730 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
46
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
0
$0
Total Directors
7
$134,679
Key Employees
1
$134,679
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Sechler Director 040.00
Director Key Emp
$134,679 $0 $134,679
Jimmy Cole Trustee 001.00
Director
$0 $0 $0
John Barry Trustee,Secretary 001.00
Director
$0 $0 $0
William Johnson Secretary, Trustee 001.00
Director
$0 $0 $0
Weston Ller Trustee 001.00
Director
$0 $0 $0
Justin Nortfleet Trustee 001.00
Director
$0 $0 $0
Darrin Smutzer Trustee 001.00
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
2025 No data No data No data No data
2024 $2,549,091 $2,403,056 $2,183,765 $146,035
2023 $2,197,782 $2,035,052 $2,000,498 $162,730
2022 $1,719,621 $1,225,138 $1,903,387 $494,483
2021 $1,091,787 $851,993 $1,366,142 $239,794
2020 $1,087,536 $963,410 $1,112,642 $124,126
2019 $987,863 $990,559 $1,015,005 $-2,696
2018 $940,290 $897,025 $943,367 $43,265
2018 $940,290 $947,434 $941,027 $-7,144
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