UNITED BROTHERHOOD OF CARPENTERS &… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

CLAYTON WALTON

Phone

8316885025

Tax Period

2023-07-01 to 2024-06-30

UNITED BROTHERHOOD OF CARPENTERS & JOINERS OF AMERICA LOCAL 505, founded in 1999, is a small nonprofit that reported $322K in total revenue in fiscal year 2023.

Mission

TO IMPROVE WELFARE AND WORKING CONDITIONS OF MEMBERS AND TO ORGANIZE WORKERS FOR ECONOMIC, MORAL AND SOCIAL ADVANCEMENT.

Program Service Accomplishments

Program 1

PROVIDED DISPATCH SERVICES, ASSISTED MEMBERS WITH EMPLOYMENT RELATED DISPUTES, REPRESENTED MEMBERS IN CONTRACT NEGOTIATIONS AND ASSISTED MEMBERS IN ADVANCEMENT OF THEIR SKILLS IN THE TRADE.

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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 $321,582

Investment Income $709

Other Revenue $121

TOTAL REVENUE $322,412

Expense Breakdown

Grants Paid $13,897

Salaries & Benefits $131,965

Fundraising Expenses $0

Other Expenses $203,115

TOTAL EXPENSES $348,977

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,412	$307,444	+0.0%
Expenses	$348,977	$282,433	+0.2%
Net Income	$-26,565	$25,011	-2.1%

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

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

$14,589

Total Directors

$28,085

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAY WALTON	PRESIDENT	1.00	Officer Director	$2,902	$0	$2,902
HARRY WILLIAMS	VICE PRESIDENT	1.00	Officer Director	$1,067	$0	$1,067
JESUS VEGA	FINANCIAL SECRETARY	5.00	Officer Director	$3,683	$0	$3,683
CHRISTIAN ARTEAGA	RECORDING SECRETARY	2.00	Officer Director	$3,201	$0	$3,201
LUKE MARTIN	CONDUCTOR	1.00	Officer Director	$755	$0	$755
MIGUEL LEJES	WARDEN	1.00	Officer Director	$2,981	$0	$2,981
ISIDRO LOPEZ	TRUSTEE	2.00	Director	$5,092	$0	$5,092
FELIPE QUINTANA	TRUSTEE	2.00	Director	$3,547	$0	$3,547
ALEC MORIN	TRUSTEE	2.00	Director	$4,857	$0	$4,857

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	$63,464	$65,878	No data	$-2,414
2024	$322,412	$348,977	$605,872	$-26,565
2023	$307,444	$282,433	$631,519	$25,011
2022	$287,896	$299,675	$606,508	$-11,779
2021	$314,412	$249,921	$618,544	$64,491
2020	$326,144	$245,936	$557,334	$80,208
2019	$377,865	$256,677	$479,048	$121,188

UNITED BROTHERHOOD OF CARPENTERS & JOINERS OF AMERICA LOCAL 505