PLUMBERS & PIPEFITTERS APPRENTICESHIP EDUCATION & TRAINING TRUST FUND

EIN: 830243549 501(c)(3) Employment

CHEYENNE, WY

Total Revenue
$1,025,195
Total Expenses
$643,839
Total Assets
$815,136
Net Assets
$794,214
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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
1945
Legal Domicile
WY
Principal Officer
RICHARD MARTIN
Phone
3076345837
Tax Period
2025-01-01 to 2025-12-31

PLUMBERS & PIPEFITTERS APPRENTICESHIP EDUCATION & TRAINING TRUST FUND, founded in 1945, is a community nonprofit in the Employment sector that reported $1.0M in total revenue in fiscal year 2025. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $381K, a strong 37% operating margin.

Mission

PROVIDE AND SUPPORT THE EDUCATION AND TRAINING OF MEMBERS IN THE PLUMBING AND PIPEFITTING TRADES.

Program Service Accomplishments

Program 1
Expenses: $583,271 Revenue: $890,385

PROVIDE AND SUPPORT THE EDUCATION AND TRAINING OF MEMBERS IN THE PLUMBING AND PIPEFITTING TRADES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $122,575
Program Service Revenue $873,517
Investment Income $12,235
Other Revenue $16,868
TOTAL REVENUE $1,025,195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $315,097
Fundraising Expenses $0
Program Expenses $583,271
Other Expenses $328,742
TOTAL EXPENSES $643,839

Year-over-Year Comparison

2025 2024 Change
Revenue $1,025,195 $450,707 +1.3%
Expenses $643,839 $409,329 +0.6%
Net Income $381,356 $41,378 +8.2%
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

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Governance

Voting Members
6
Independent Members
3
Employees
16
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
0
$0
Total Directors
7
$211,971
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE BITNER TRUSTEE 1.00
Director
$1,020 $0 $1,020
BRADLEY BURNS TRUSTEE 1.00
Director
$1,155 $0 $1,155
JUSTIN CROSBY TRUSTEE 1.00
Director
$0 $0 $0
JONATHAN MEADOWS TRUSTEE 1.00
Director
$1,280 $0 $1,280
GRANT HAVENS TRUSTEE 1.00
Director
$0 $0 $0
RICHARD MARTIN TRUSTEE 1.00
Director
$0 $0 $0
DANIEL MEYER TRAINING DIRECTOR 42.00
Director
$135,200 $73,316 $208,516
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 $1,025,195 $643,839 $815,136 $381,356
2024 $450,707 $409,329 $418,669 $41,378
2023 $291,941 $322,022 $377,535 $-30,081
2022 $238,463 $302,011 $405,211 $-63,548
2021 $334,739 $402,310 $495,265 $-67,571
2020 $329,679 $301,748 $556,213 $27,931
2019 $471,787 $324,325 $538,826 $147,462
2018 $500,074 $287,878 $394,507 $212,196
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