UNITED ASSOCIATION OF JOURNEYMAN &… - Form 990 Financial Data

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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

1937

Legal Domicile

Principal Officer

ALDON ZELLHUBER

Phone

9075862874

Tax Period

2023-10-01 to 2024-09-30

UNITED ASSOCIATION OF JOURNEYMAN & APPRENTICES OF THE PLUMBING & PIPE, founded in 1937, is a small nonprofit that reported $428K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 27% operating margin.

Mission

LABOR UNION SECURING BETTER WAGES, WORKING CONDITIONS, AND BENEFITS FOR THOSE IN THE PLUMBING AND PIPEFITTING INDUSTRY OF SOUTHEAST ALASKA.

Program Service Accomplishments

Program 1

TO SECURE BETTER WAGES, WORKING CONDITIONS, AND BENEFITS FOR THOSE IN THE PLUMBING AND PIPEFITTING INDUSTRY OF SOUTHEAST ALASKA.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $358,642

Investment Income $399

Other Revenue $68,472

TOTAL REVENUE $427,513

Expense Breakdown

Grants Paid $450

Salaries & Benefits $226,407

Fundraising Expenses $0

Other Expenses $84,898

TOTAL EXPENSES $311,755

Year-over-Year Comparison

	2023	2022	Change
Revenue	$427,513	$301,130	+0.4%
Expenses	$311,755	$291,991	+0.1%
Net Income	$115,758	$9,139	+11.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$231,692

Total Directors

$141,975

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALDON ZELLHUBER	PRESIDENT	1.00	Officer Director	$0	$0	$0
KEITH KORUNA	VICE PRESIDENT	1.00	Officer Director	$0	$44,831	$141,975
DAVID PADEN	TRUSTEE	1.00	Director	$0	$0	$0
JOHN BROWN	TRUSTEE	1.00	Director	$0	$0	$0
JEFF JONES	TRUSTEE	1.00	Director	$0	$0	$0
MATT MIELKE	TRUSTEE	1.00	Director	$0	$0	$0
BRADLEY AUSTIN	BUSINESS MANAGER	40.00	Officer	$73,956	$15,761	$89,717

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
2024	$427,513	$311,755	$460,008	$115,758
2023	$301,130	$291,991	$344,183	$9,139
2022	$276,428	$334,588	$335,246	$-58,160
2021	$333,352	$346,116	$394,411	$-12,764
2020	$294,426	$368,627	$407,242	$-74,201
2019	$282,467	$371,287	$480,326	$-88,820

UNITED ASSOCIATION OF JOURNEYMAN & APPRENTICES OF THE PLUMBING & PIPE