International Union of Painters and Allied Trades 1621

EIN: 941533756

San Jose, CA

Total Revenue
$400,450
Total Expenses
$757,109
Total Assets
$688,230
Net Assets
$688,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
CA
Principal Officer
Paul Manuel
Phone
4088241280
Tax Period
2024-01-01 to 2024-12-31

International Union of Painters and Allied Trades 1621, founded in 1947, is a small nonprofit that reported $400K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. Expenses of $757K exceeded revenue, resulting in a 89% operating deficit.

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $379,706
Investment Income $20,744
Other Revenue $0
TOTAL REVENUE $400,450

Expense Breakdown

Grants Paid $42,999
Salaries & Benefits $37,000
Fundraising Expenses $0
Other Expenses $661,650
TOTAL EXPENSES $757,109

Year-over-Year Comparison

2024 2023 Change
Revenue $400,450 $213,316 +0.9%
Expenses $757,109 $258,694 +1.9%
Net Income $-356,659 $-45,378 +6.9%
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
4
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
12
$37,000
Total Directors
4
$12,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID AMOS FINANCIAL SECRETARY 1.0
Officer Director
$6,850 $0 $6,850
DANIEL BARBEE RECORDING SECRETARY 1.0
Officer
$6,225 $0 $6,225
SERGIO GARCIA WARDEN 1.0
Officer
$3,975 $0 $3,975
JASON CLINE TRUSTEE TREASURER 1.0
Officer
$3,700 $0 $3,700
STEVEN WYNN TRUSTEE (TERM) 1.0
Officer
$3,400 $0 $3,400
GREGORY VANDERZANDEN TRUSTEE 1.0
Officer
$3,000 $0 $3,000
PAUL MANUEL PRESIDENT 1.0
Officer Director
$2,150 $0 $2,150
COLE DAVIS Vice President (TERM) 1.0
Officer Director
$2,125 $0 $2,125
MICHAEL READ TRUSTEE 1.0
Officer
$2,100 $0 $2,100
TIMOTHY HUCKABY TRUSTEE 1.0
Officer
$1,275 $0 $1,275
JOHN HARBISON MEMBER AT LARGE 1.0
Officer
$1,200 $0 $1,200
JAMES KINKER TREASURER (TERM) 1.0
Officer Director
$1,000 $0 $1,000
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 $400,450 $757,109 $688,230 $-356,659
2023 $213,316 $258,694 $1,043,704 $-45,378
2022 $192,933 $299,504 $1,085,401 $-106,571
2021 $219,119 $156,461 $1,200,962 $62,658
2020 $465,655 $346,768 $1,145,293 $118,887
2019 $550,964 $491,871 $1,021,705 $59,093
2018 $513,046 $447,761 $954,547 $65,285
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