INTERNATIONAL ASSOCIATION OF HEAT AND ASBESTOS WORKERS

EIN: 870222439

SALT LAKE CITY, UT

Total Revenue
$524,225
Total Expenses
$604,501
Total Assets
$689,357
Net Assets
$689,357
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
UT
Principal Officer
ROBERT CONHRAN
Phone
8019723945
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF HEAT AND ASBESTOS WORKERS, founded in 1941, is a small nonprofit that reported $524K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $605K exceeded revenue, resulting in a 15% operating deficit.

Mission

LABOR UNION SERVICES TO PROMOTE WORK OPPORTUNITIES FOR ITS MEMBERSHIP AND TO PROTECT ITS WORKERS' RIGHTS AND SAFETY PER CONTRACTUAL AGREEMENTS WITH EMPLOYERS.

Program Service Accomplishments

Program 1

LABOR UNION ACTIVITIES TO SECURE WORK OPPORTUNITIES FOR ITS MEMBERS AND TO ENSURE THAT TERMS OF THE COLLECTIVE BARGAINING AGREEMENTS ARE FULFILLED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $523,820
Program Service Revenue $0
Investment Income $405
Other Revenue $0
TOTAL REVENUE $524,225

Expense Breakdown

Grants Paid $0
Salaries & Benefits $326,724
Fundraising Expenses $0
Other Expenses $207,788
TOTAL EXPENSES $604,501

Year-over-Year Comparison

2023 2022 Change
Revenue $524,225 $482,162 +0.1%
Expenses $604,501 $516,780 +0.2%
Net Income $-80,276 $-34,618 +1.3%
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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Governance

Voting Members
8
Independent Members
5
Employees
3
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
3
$185,708
Total Directors
8
$185,708
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN OVERBY BUSINESS MAN 40.00
Officer Director
$85,266 $0 $85,266
SABINO ARCIGA VICE-PRESIDE 0.50
Officer Director
$68,316 $0 $68,316
ROBERT CONHRAN PRESIDENT 14.00
Officer Director
$32,126 $0 $32,126
JUAN GARCIA EXECUTIVE BO 0.50
Director
$0 $0 $0
TY JORGENSON EXECUTIVE BO 0.50
Director
$0 $0 $0
JOEL OROZCO EXECUTIVE BO 0.50
Director
$0 $0 $0
SCOTT OVERBY EXECUTIVE BO 0.50
Director
$0 $0 $0
DENNIS THOMAS EXECUTIVE BO 0.50
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 No data No data No data No data
2023 $524,225 $604,501 $689,357 $-80,276
2022 $482,162 $516,780 $769,633 $-34,618
2021 $489,592 $497,010 $804,251 $-7,418
2020 $587,200 $448,762 $814,708 $138,438
2019 $514,649 $402,785 $674,825 $111,864
2018 $481,035 $400,364 $566,244 $80,671
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