UNITED BROTHERHOOD OF CARPENTERS & JOINERS OF AMERICA LOCAL UNION 423 (EIN 814238454) - 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

2016

Legal Domicile

Principal Officer

WADE BAUMGARTNER

Phone

8146031781

Tax Period

2024-07-01 to 2025-06-30

UNITED BROTHERHOOD OF CARPENTERS & JOINERS OF AMERICA LOCAL UNION 423, founded in 2016, is a small nonprofit that reported $344K in total revenue in fiscal year 2024. Expenses of $311K left a modest 10% surplus.

Mission

IMPROVEMENT OF CONDITIONS, PRODUCTIVITY, AND EFFICIENCY IN THE CARPENTRY 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 (2024)

Revenue Breakdown

Contributions & Grants $320,173

Program Service Revenue $0

Investment Income $3,742

Other Revenue $19,887

TOTAL REVENUE $343,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,595

Fundraising Expenses $0

Other Expenses $280,849

TOTAL EXPENSES $310,686

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,802	$321,416	+0.1%
Expenses	$310,686	$293,451	+0.1%
Net Income	$33,116	$27,965	+0.2%

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

$19,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE REGAN	VICE PRESIDENT	1.00	Officer	$650	$0	$650
WADE BAUMGARTNER	PRESIDENT	2.00	Officer	$1,300	$0	$1,300
MATTHEW ADAMS	TRUSTEE	1.00	Officer	$975	$0	$975
CRAIG BAUMGARTNER	TRUSTEE	1.00	Officer	$975	$0	$975
VIRGINIA GOLDEN	TREASURER	2.00	Officer	$3,900	$0	$3,900
BARRY OWENS	FINANCIAL SECY - PRIOR	2.00	Officer	$4,000	$0	$4,000
ROB RECKART	RECORDING SECRETARY	2.00	Officer	$2,600	$0	$2,600
MARK RITCHEY	CONDUCTOR	1.00	Officer	$650	$0	$650
ANTONIO CASGRANDE	TRUSTEE	1.00	Officer	$975	$0	$975
CHAD WEAVER	WARDEN	1.00	Officer	$650	$0	$650
ANDREW OWENS	FINANCIAL SECRETARY	2.00	Officer	$2,500	$0	$2,500

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	$343,802	$310,686	$251,514	$33,116
2024	$321,416	$293,451	$219,242	$27,965
2023	$315,076	$310,585	$191,452	$4,491
2022	$279,050	$319,561	$186,750	$-40,511
2021	$303,067	$285,948	$227,182	$17,119
2020	$299,953	$293,602	$213,293	$6,351
2019	$304,009	$273,599	$203,743	$30,410

UNITED BROTHERHOOD OF CARPENTERS & JOINERS OF AMERICA LOCAL UNION 423