TUKWILA, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SEATTLE AREA PLUMBING AND PIPEFITTING INDUSTRY HEALTH TRUST, founded in 1968, is a mid-sized nonprofit that reported $76.8M in total revenue in fiscal year 2024. Expenses of $85.6M exceeded revenue, resulting in a 11% operating deficit.
TO PROVIDE AN ENTITY TO WHICH CONTRIBUTIONS FROM PARTICIPATING EMPLOYERS AND EMPLOYEES CAN BE PAID AND THROUGH WHICH THE TRUSTEES CAN CREATE AND ADMINISTER ONE OR MORE EMPLOYEE WELFARE BENEFIT PLANS FOR THE PARTICIPATING EMPLOYEES ON WHOSE BEHALF THE CONTRIBUTIONS HAVE BEEN PAID, AND THEIR BENEFICIARIES.
TO PROVIDE AN ENTITY TO WHICH CONTRIBUTIONS FROM PARTICIPATING EMPLOYERS AND EMPLOYEES CAN BE PAID AND THROUGH WHICH THE TRUSTEES CAN CREATE AND ADMINISTER ONE OR MORE EMPLOYEE WELFARE BENEFIT PLANS...
TO PROVIDE AN ENTITY TO WHICH CONTRIBUTIONS FROM PARTICIPATING EMPLOYERS AND EMPLOYEES CAN BE PAID AND THROUGH WHICH THE TRUSTEES CAN CREATE AND ADMINISTER ONE OR MORE EMPLOYEE WELFARE BENEFIT PLANS FOR THE PARTICIPATING EMPLOYEES ON WHOSE BEHALF THE CONTRIBUTIONS HAVE BEEN PAID, AND THEIR BENEFICIARIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $76,832,384 | $78,093,096 | 0.0% |
| Expenses | $85,646,889 | $82,365,543 | +0.0% |
| Net Income | $-8,814,505 | $-4,272,447 | +1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ED KOMMERS | CHAIRMAN, EMPLOYER TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFERY J OWEN | CHAIRMAN, UNION TRUSTEE (OUTGOING) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL KUNKEL | SECRETARY, UNION TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOEL CRABTREE | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT DAMITIO | EMPLOYER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RORY OLSON | EMPLOYER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $76,832,384 | $85,646,889 | $53,438,077 | $-8,814,505 |
| 2024 | No data | No data | No data | No data |
| 2023 | $78,731,987 | $79,537,691 | $61,473,525 | $-805,704 |
| 2022 | $73,950,998 | $76,098,061 | $61,334,297 | $-2,147,063 |
| 2021 | $72,961,849 | $73,028,086 | $65,745,423 | $-66,237 |
| 2020 | $69,714,730 | $66,661,377 | $62,622,361 | $3,053,353 |
| 2019 | $72,772,689 | $67,898,839 | $58,748,079 | $4,873,850 |
| 2018 | $69,814,932 | $62,536,509 | $52,939,130 | $7,278,423 |
Compare SEATTLE AREA PLUMBING AND PIPEFITTING INDUSTRY HEALTH TRUST with other nonprofits in Washington and across the country.