Painters and Allied Trades Local Union 567

EIN: 880039930

Sparks, NV

Total Revenue
$106,038
Total Expenses
$90,166
Total Assets
$830,355
Net Assets
$830,355
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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
1902
Legal Domicile
NV
Principal Officer
Barry Williams
Phone
7753568567
Tax Period
2025-01-01 to 2025-12-31

Painters and Allied Trades Local Union 567, founded in 1902, is a small nonprofit that reported $106K in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $90K left a modest 15% surplus.

Mission

TO FOSTER AND ADOPT WAYS AND MEANS FOR THE CONTINUOUS IMPROVEMENT OF THE WORKING AND LIVING STANDARDS OF THE MEMBERS OF THIS UNION; TO SECURE LEGISLATION IN THE INTERESTS OF OUR MEMBERS; TO BRING ABOUT HIGHER WAGES, SHORTER HOURS AND BETTER WORKING CONDITIONS FOR THEM; TO INFLUENCE PUBLIC OPINION BY PEACEFUL AND LEGAL METHODS IN FAVOR OF OUR AFFILIATED ORGANIZATIONS AND ALL ORGANIZED LABOR GENERALLY; TO PROMOTE, ENCOURAGE AND BRING INTO EXISTENCE SATISFACTORY CONTRACTUAL RELATIONSHIPS WITH EMPLOYERS IN THE INDUSTRIES FROM WHICH THE MEMBERS OF OUR AFFILIATES ARE DRAWN TO ADVANCE AND MAINTAIN BETTER RELATIONS BETWEEN OUR MEMBERS AND THEIR EMPLOYERS; AND TO OTHERWISE ENRICH THE LIVES OF OUR MEMBERS AND THEIR FAMILIES, ALL OTHER WORKING MEN AND WOMEN, AND ALL MANKIND.

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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 $0
Program Service Revenue $94,492
Investment Income $10,202
Other Revenue $1,344
TOTAL REVENUE $106,038

Expense Breakdown

Grants Paid $15,940
Salaries & Benefits $4,385
Fundraising Expenses $0
Other Expenses $69,841
TOTAL EXPENSES $90,166

Year-over-Year Comparison

2025 2024 Change
Revenue $106,038 $72,946 +0.5%
Expenses $90,166 $88,370 +0.0%
Net Income $15,872 $-15,424 -2.0%
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
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
11
$4,385
Total Directors
5
$1,715
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN CHOW WARDEN 1.0
Officer
$1,582 $0 $1,582
SCOTT MATHISEN VICE PRESIDENT 1.0
Officer Director
$374 $0 $374
WILLIAM BAXTER FINANCIAL SECRETARY 1.0
Officer Director
$374 $0 $374
BARRY WILLIAMS PRESIDENT 1.0
Officer Director
$374 $0 $374
STEVEN ATKINSON TRUSTEE 1.0
Officer
$374 $0 $374
MICHAEL MOWREY TRUSTEE 1.0
Officer
$374 $0 $374
CHRISTOFER KIMES RECORDING SECRETARY 1.0
Officer Director
$306 $0 $306
SAMUEL STEPHENS TREASURER 1.0
Officer Director
$287 $0 $287
MICHAEL ATKINSON TRUSTEE 1.0
Officer
$204 $0 $204
MO HURSH WARDEN (TERM) 1.0
Officer
$68 $0 $68
PATRICK CONKLE WARDEN (TERM) 1.0
Officer
$68 $0 $68
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 $106,038 $90,166 $830,355 $15,872
2024 $72,946 $88,370 $814,483 $-15,424
2023 $104,699 $86,010 $829,907 $18,689
2022 $81,849 $80,124 $811,218 $1,725
2021 $99,579 $54,326 $809,493 $45,253
2020 $187,110 $142,082 $764,240 $45,028
2019 $230,109 $196,704 $719,212 $33,405
2018 $201,239 $160,438 $685,807 $40,801
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