United Association Union Local No 290 Plumber Steamfitter and Shipfitter Industry H&W Plan (EIN 936021113) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

ed gormley

Phone

8667962305

Tax Period

2024-01-01 to 2024-12-31

United Association Union Local No 290 Plumber Steamfitter and Shipfitter Industry H&W Plan, founded in 1957, is a major nonprofit that reported $103.5M in total revenue in fiscal year 2024. Expenses of $91.5M left a modest 12% surplus.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $96,350,767

Investment Income $7,195,150

Other Revenue $0

TOTAL REVENUE $103,545,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,894,926

TOTAL EXPENSES $91,456,834

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,545,917	$102,510,538	+0.0%
Expenses	$91,456,834	$96,150,022	0.0%
Net Income	$12,089,083	$6,360,516	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

270

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED GORMLEY	TRUSTEE	1.0	Director	$0	$0	$0
CORDELL TIETZ	TRUSTEE	1.0	Director	$0	$0	$0
ZACHERY PARDUE	TRUSTEE	1.0	Director	$0	$0	$0
SHANE ERVIN	TRUSTEE	1.0	Director	$0	$0	$0
JON BERRY	TRUSTEE	1.0	Director	$0	$0	$0
JAMES KING	TRUSTEE	1.0	Director	$0	$0	$0
CHUCK HUBLER	TRUSTEE	1.0	Director	$0	$0	$0
W PAUL ELDER	TRUSTEE	1.0	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
2024	$103,545,917	$91,456,834	$227,036,900	$12,089,083
2023	$102,510,538	$96,150,022	$208,005,813	$6,360,516
2022	$84,068,027	$73,229,820	$185,004,105	$10,838,207
2021	$76,441,323	$55,888,014	$181,152,317	$20,553,309
2020	$77,952,406	$52,047,828	$160,359,750	$25,904,578
2019	$77,478,807	$71,602,481	$132,218,552	$5,876,326
2018	$71,615,683	$58,838,142	$107,720,918	$12,777,541

United Association Union Local No 290 Plumber Steamfitter and Shipfitter Industry H&W Plan