CARPENTERS LOCAL UNION NO 1266

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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

1936

Legal Domicile

Principal Officer

JUSTIN ADAIR

Phone

5124767354

Tax Period

2024-07-01 to 2025-06-30

CARPENTERS LOCAL UNION NO 1266, founded in 1936, is a small nonprofit that reported $206K in total revenue in fiscal year 2024. Net assets of $521K represent 30 months of operating reserves.

Mission

TO REPRESENT AND ADVOCATE FOR THE INTERESTS OF ITS MEMBERS IN THE WORKPLACE.

Program Service Accomplishments

Program 1

TO REPRESENT AND ADVOCATE FOR THE INTERESTS OF ITS MEMBERS IN THE WORKPLACE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $155,607

Investment Income $22,556

Other Revenue $28,060

TOTAL REVENUE $206,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,728

Fundraising Expenses $0

Other Expenses $127,123

TOTAL EXPENSES $211,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,223	$215,281	0.0%
Expenses	$211,851	$238,990	-0.1%
Net Income	$-5,628	$-23,709	-0.8%

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

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

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

$105

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAICE MARSH	CONDUCTOR	1.00	Officer	$21	$0	$21
GABRIEL POUNDS	TRUSTEE	1.00	Officer	$84	$0	$84
JOHN VAN DALEY	PRESIDENT	1.00	Officer	$0	$0	$0
VICTOR BALLESTEROS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JUSTIN ADAIR	FINANCIAL SEC / TREASURER	1.00	Officer	$0	$0	$0
SEBASTIAN MARQUEZ	RECORDING SECRETARY	1.00	Officer	$0	$0	$0
ERVIN MEDAL CARRION	CONDUCTOR	1.00	Officer	$0	$0	$0
MATTEO GRIEGO	WARDEN	1.00	Officer	$0	$0	$0
HINJIO CASTILLO	TRUSTEE	1.00	Officer	$0	$0	$0
JOSE SOTO	TRUSTEE	1.00	Officer	$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	$206,223	$211,851	$523,789	$-5,628
2024	$215,281	$238,990	$533,823	$-23,709
2023	$228,138	$230,403	$557,670	$-2,265
2022	$225,146	$230,663	$549,742	$-5,517
2021	$216,384	$214,480	$638,241	$1,904
2020	$166,830	$199,523	$580,412	$-32,693
2019	$172,920	$210,927	$622,074	$-38,007