PIPELINERS LOCAL UNION 798 (EIN 730569630) - Form 990 Financial Analysis & Trantor Score

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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

1949

Legal Domicile

Principal Officer

JUSTIN WALLACE

Phone

9186221900

Tax Period

2023-01-01 to 2023-12-31

PIPELINERS LOCAL UNION 798, founded in 1949, is a mid-sized nonprofit that reported $14.9M in total revenue in fiscal year 2023. Expenses of $13.3M left a modest 11% surplus.

Mission

PROVIDE REPRESENTATION TO PARTICIPATING EMPLOYEES IN THE PIPELINE INDUSTRY

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,973,723

Investment Income $5,759,175

Other Revenue $152,745

TOTAL REVENUE $14,885,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,713,206

Fundraising Expenses $0

Other Expenses $5,578,174

TOTAL EXPENSES $13,291,380

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,885,643	$13,938,076	+0.1%
Expenses	$13,291,380	$11,452,034	+0.2%
Net Income	$1,594,263	$2,486,042	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

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

$992,755

Total Directors

$4,591,339

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRESTON C RICHARD	PRESIDENT (FORMER)	2.00	Director	$1,303	$223	$1,526
SHANNON V JACKSON	PRESIDENT	2.00	Director	$7,513	$1,182	$8,695
RANDY MATHIS	VICE PRESIDENT	2.00	Director	$6,612	$1,054	$7,666
GUY WILLIAMS	RECORDING SECRETARY	2.00	Director	$8,382	$1,330	$9,712
CODY D PEDIGO	EXECUTIVE BOARD	2.00	Director	$6,612	$1,054	$7,666
TROY M POST	EXECUTIVE BOARD	2.00	Director	$6,612	$1,054	$7,666
EDWARD L COKER	EXECUTIVE BOARD (FORMER)	2.00	Director	$1,303	$223	$1,526
BRETT H MASON	EXECUTIVE BOARD	2.00	Director	$6,612	$1,054	$7,666
GUY A SIMMS	FINANCE COMMITTEE	2.00	Director	$7,513	$1,182	$8,695
RAYMOND L JOHNSON	FINANCE COMMITTEE	2.00	Director	$7,513	$1,182	$8,695
JOSEPH T BIGLEY	FINANCE COMMITTEE (FORMER)	2.00	Director	$1,303	$223	$1,526
WILLIAM C EASTWOOD	EXAMINING BOARD	2.00	Director	$6,612	$1,054	$7,666
MICHAEL T MILLER	EXAMINING BOARD (FORMER)	2.00	Director	$1,303	$223	$1,526
DAVID B BUTTERWORTH	BUSINESS AGENT	40.00	Director	$255,083	$144,248	$399,331
JERRY D CRABTREE JR	BUSINESS AGENT	40.00	Director	$255,083	$144,248	$399,331
JOSEPH W GAINES	BUSINESS AGENT	40.00	Director	$255,083	$144,248	$399,331
RANDALL T HARTLE	BUSINESS AGENT	40.00	Director	$255,083	$144,248	$399,331
JUSTIN E HEAD	BUSINESS AGENT	40.00	Director	$255,083	$144,248	$399,331
CHARLES E YATES JR	BUSINESS AGENT	40.00	Director	$255,083	$144,248	$399,331
AMEIR P RAZIAN	INSIDE GUARD (FORMER)	2.00	Director	$1,303	$223	$1,526
RICKY G JONES	EXAMINING BOARD	40.00	Director	$6,612	$1,054	$7,666
JAMES R DICK JR	DISPATCHER	40.00	Director	$257,301	$144,248	$401,549
RONNIE HILL	ORGANIZER (FORMER)	40.00	Director	$80,427	$52,643	$133,070
CHAD P SIMMONS	ORGANIZER	40.00	Director	$255,083	$144,248	$399,331
CHARLES N THOMAS	ORGANIZER	40.00	Director	$255,083	$144,248	$399,331
JEFFREY DOYLE	EXECUTIVE BOARD	2.00	Director	$6,612	$1,054	$7,666
DAVID HALL	FINANCE COMMITTEE	2.00	Director	$7,513	$1,182	$8,695
JOSEPH TORRES	INSIDE GUARD	2.00	Director	$6,612	$830	$7,442
CASSIDY CROLEY	ORGANIZER	40.00	Director	$179,387	$94,354	$273,741
ROBERT KINDLE	ORGANIZER	40.00	Director	$58,452	$33,093	$91,545
JACOB WALLACE	ORGANIZER	40.00	Director	$73,910	$35,909	$109,819
RALPH ZOLLER	ORGANIZER	40.00	Director	$179,387	$94,354	$273,741
DANIEL C HENDRIX	BUSINESS MANAGER	40.00	Officer	$327,732	$164,821	$492,553
PHILLIP JUSTIN WALLACE	FINANCIAL SECRETARY TREASU	40.00	Officer	$327,394	$172,808	$500,202
TRACY D LEE	ACCOUNTING MANAGER	40.00	Highest	$180,369	$92,806	$273,175
JOSALYN R JOHNSON	OFFICE MANAGER	40.00	Highest	$196,265	$97,374	$293,639
MARK A PARKS	IT MANAGER	40.00	Highest	$109,709	$65,160	$174,869

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	$14,885,643	$13,291,380	$163,045,208	$1,594,263
2022	$13,938,076	$11,452,034	$146,931,967	$2,486,042
2021	$14,876,020	$12,601,397	$168,376,027	$2,274,623
2020	$12,796,990	$11,519,118	$151,569,236	$1,277,872
2019	$16,874,407	$12,878,138	$141,054,224	$3,996,269
2018	$30,066,109	$12,212,801	$126,135,810	$17,853,308

PIPELINERS LOCAL UNION 798