UNITED ASSOCIATION OF JOURNEYMEN L… - 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

1994

Legal Domicile

Principal Officer

ALEX SANDOVAL

Phone

8316336091

Tax Period

2024-01-01 to 2024-12-31

UNITED ASSOCIATION OF JOURNEYMEN LOCAL 62 OF MONTEREY AND SANTA CRUZ, founded in 1994, is a small nonprofit that reported $685K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $660K left a modest 4% surplus.

Mission

SECURING WORK FOR ITS MEMBERS THROUGH NEGOTIATIONS WITH EMPLOYERS AND TO ENSURE THAT HEALTH AND SAFETY MEASURES ARE COMPLIED WITH. THESE TASKS ARE UNDERTAKEN BY THE BUSINESS MANAGER AND BUSINESS AGENT.

Program Service Accomplishments

Program 1

Expenses: $656,910 Revenue: $680,753

PROGRAM SERVICES USED TO SECURE WORK FOR ITS MEMBERS THROUGH NEGOTIATIONS WITH EMPLOYERS AND TO ENSURE THAT HEALTH AND SAFETY MEASURES ARE COMPLIED WITH.

Program 2

Expenses: $2,785 Revenue: $4,045

DEATH BENEFITS TO BENEFIT THE BENEFICIARIES OF MEMBERS OF THE ASSOCIATION.

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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 $684,798

Investment Income $115

Other Revenue $0

TOTAL REVENUE $684,913

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $381,665

Fundraising Expenses $0

Program Expenses $659,695

Other Expenses $274,245

TOTAL EXPENSES $659,695

Year-over-Year Comparison

	2024	2023	Change
Revenue	$684,913	$549,881	+0.2%
Expenses	$659,695	$596,832	+0.1%
Net Income	$25,218	$-46,951	-1.5%

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

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

$308,821

Total Directors

$55,043

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACH EUBANKS	EXECUTIVE BOARD	2.00	Officer Director	$0	$0	$0
RYAN GRIFFITH	EXECUTIVE BOARD	2.00	Officer Director	$0	$0	$0
ALEX SANDOVAL	VICE PRESIDENT	2.00	Officer Director	$28,980	$26,063	$55,043
JAMES DAVIS	EXECUTIVE BOARD	2.00	Officer Director	$0	$0	$0
JEFF SMITH	EXECUTIVE BOARD	2.00	Officer Director	$0	$0	$0
JAMES MARTINEZ	PRESIDENT	2.00	Officer	$0	$0	$0
STEVE MACARTHUR	TREASURER/BUSINESS MANAGER	40.00	Officer	$127,970	$125,808	$253,778
CARLOS CORTEZ	SECRETARY	20.00	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
2024	$684,913	$659,695	$1,087,887	$25,218
2023	$549,881	$596,832	$1,062,669	$-46,951
2022	$588,236	$522,214	$1,109,685	$66,022
2021	$488,368	$556,770	$1,049,405	$-68,402
2020	$454,214	$549,471	$1,112,316	$-95,257
2019	$547,964	$542,037	$1,207,257	$5,927
2018	$524,368	$539,119	$1,202,370	$-14,751

UNITED ASSOCIATION OF JOURNEYMEN LOCAL 62 OF MONTEREY AND SANTA CRUZ