Western Slope Plumbers and Pipefitters Joint Apprenticeship Training Trust Fund

EIN: 840590297 501(c)(3) Employment

Grand Junction, CO

Total Revenue
$428,325
Total Expenses
$337,192
Total Assets
$144,910
Net Assets
$102,374
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
CO
Principal Officer
Daniel Schulte
Phone
9702452012
Tax Period
2024-01-01 to 2024-12-31

Western Slope Plumbers and Pipefitters Joint Apprenticeship Training Trust Fund, founded in 1984, is a small nonprofit in the Employment sector that reported $428K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 21% operating margin.

Mission

To train and educate apprentices in the pipe trades and assist journeymen with additional upgraded training and skills.

Program Service Accomplishments

Program 1
Expenses: $149,393 Revenue: $0

To train and educate apprentices in the pipe trades and assist journeymen with additional upgraded training and skills.

Program 2
Expenses: $70,629 Revenue: $0

Training and Certifications

Program 3
Expenses: $36,520 Revenue: $0

Emily Griffith Technical

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $294,354
Investment Income $0
Other Revenue $133,971
TOTAL REVENUE $428,325

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,393
Fundraising Expenses $0
Program Expenses $283,843
Other Expenses $187,799
TOTAL EXPENSES $337,192

Year-over-Year Comparison

2024 2023 Change
Revenue $428,325 $294,962 +0.5%
Expenses $337,192 $313,452 +0.1%
Net Income $91,133 $-18,490 -5.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
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
5
$223,060
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Almquist Trustee 1.00
Director
$0 $0 $223,060
Charlie Lee Trustee 1.00
Director
$0 $0 $0
Laurence W Hobbs III Trustee 1.00
Director
$0 $0 $0
Valentin Patrick Garcia Trustee 1.00
Director
$0 $0 $0
Richard Reigles Trustee 1.00
Director
$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 No data No data No data No data
2024 $428,325 $337,192 $144,910 $91,133
2023 $294,962 $313,452 $63,519 $-18,490
2022 $217,802 $284,572 $91,557 $-66,770
2021 $296,755 $287,853 $167,030 $8,902
2020 $236,103 $268,232 $164,438 $-32,129
2019 $327,177 $310,350 $207,251 $16,827
2018 $280,005 $253,190 $200,700 $26,815
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