APPRENTICESHIP & TRAINING TRUST FUND UA LOCAL 342

EIN: 946089622 501(c)(3)

CONCORD, CA

Total Revenue
$12,461,559
Total Expenses
$13,806,232
Total Assets
$43,011,497
Net Assets
$38,502,897
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CA
Principal Officer
CHE TIMMONS
Phone
9256860730
Tax Period
2023-07-01 to 2024-06-30

APPRENTICESHIP & TRAINING TRUST FUND UA LOCAL 342, founded in 1956, is a mid-sized nonprofit that reported $12.5M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $13.8M exceeded revenue, resulting in a 11% operating deficit.

Mission

EDUCATION AND TRAINING IN THE PIPE TRADES INDUSTRY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $778,846
Program Service Revenue $11,117,525
Investment Income $504,754
Other Revenue $60,434
TOTAL REVENUE $12,461,559

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,861,851
Fundraising Expenses $0
Program Expenses $11,289,936
Other Expenses $6,944,381
TOTAL EXPENSES $13,806,232

Year-over-Year Comparison

2023 2022 Change
Revenue $12,461,559 $13,126,300 -0.1%
Expenses $13,806,232 $11,147,148 +0.2%
Net Income $-1,344,673 $1,979,152 -1.7%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
129
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
0
$0
Total Directors
10
$0
Key Employees
1
$327,647
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT GARCIA TRAINING DIRECTOR 40.0
Key Emp
$205,347 $122,300 $327,647
KEVIN SULLIVAN COORDINATOR 1.0
Highest
$202,075 $119,832 $321,907
MICHAEL AFONSO COORDINATOR 40.0
Highest
$202,075 $119,562 $321,637
JOSH GALANDA COORDINATOR 40.0
Highest
$197,530 $120,444 $317,974
DARYL BARTZI COORDINATOR 40.0
Highest
$197,023 $119,422 $316,445
ANTHONY CUELLAR INSTRUCTOR 40.0
Highest
$172,444 $136,816 $309,260
CHE TIMMONS CHAIRMAN/TRUSTEE 1.0
Director
$0 $0 $0
ALEX HALL CO-CHAIRMAN/TRUSTEE 1.0
Director
$0 $0 $0
LEROY GINN TRUSTEE 1.0
Director
$0 $0 $0
RANDY LOYD TRUSTEE 1.0
Director
$0 $0 $0
CHAD JOHNSTON TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL LESCURE TRUSTEE 1.0
Director
$0 $0 $0
CHUCK LEONARD TRUSTEE 1.0
Director
$0 $0 $0
ROBBIE NASH TRUSTEE 1.0
Director
$0 $0 $0
DON SILVA TRUSTEE 1.0
Director
$0 $0 $0
MARC LOPEZ 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
2025 No data No data No data No data
2024 $12,461,559 $13,806,232 $43,011,497 $-1,344,673
2023 $13,126,300 $11,147,148 $42,780,268 $1,979,152
2022 $9,099,694 $11,145,230 $37,773,636 $-2,045,536
2021 $8,305,239 $10,213,237 $41,675,509 $-1,907,998
2020 $9,200,405 $9,438,228 $42,717,395 $-237,823
2019 $15,940,949 $9,853,104 $42,636,178 $6,087,845
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare APPRENTICESHIP & TRAINING TRUST FUND UA LOCAL 342 with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.