TRI COUNTIES AIR CONDITIONING AND SHEET METAL CONTRACTORS ASSOCIATION INC

EIN: 952477522

VENTURA, CA

Total Revenue
$591,108
Total Expenses
$591,870
Total Assets
$283,247
Net Assets
$283,247
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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
1965
Legal Domicile
CA
Principal Officer
STAN CAPELLI
Phone
8056424796
Tax Period
2023-11-01 to 2024-10-31

TRI COUNTIES AIR CONDITIONING AND SHEET METAL CONTRACTORS ASSOCIATION INC, founded in 1965, is a small nonprofit that reported $591K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO ESTABLISH AND MAINTAIN HARMONIOUS RELATIONS AMONG ALL OF THE AIR CONDITIONING, HEATING, AND SHEET METAL CONTRACTORS, WITH OTHER BRANCHES OF THE CONSTRUCTION INDUSTRY, AND WITH THE GENERAL PUBLIC. TO PROMOTE AND EXPAND USE OF AIR CONDITIONING, HEATING AND SHEET METAL MATERIALS IN THE CONSTRUCTION INDUSTRY. TO ESTABLISH AND MAINTAIN FAVORABLE AND HARMONIOUS RELATIONS BETWEEN AIR CONDITIONING, HEATING AND SEHET METAL CONTRACTORS AND THE MANUFACTURERS, DISTRIBUTORS AND CONSUMERS OF THEIR PRODUCTS. TO ESTABLISH ETHICAL STANDARDS OF CONDUCT AND TO PROMOTE A HIGH QUALITY OF WORKMANSHIP AND SERVICE TO THE PUBLIC. TO PROMOTE, ESTABLISH AND MAINTAIN HARMONIOUS EMPLOYER-EMPLOYEE RELATIONS WITHIN THE INDUSTRY AND TO ESTABLISH AND MAINTAIN COLLECTIVE BARGAINING RELATIONSHIPS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $591,093
Investment Income $15
Other Revenue $0
TOTAL REVENUE $591,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $542,421
Fundraising Expenses $0
Other Expenses $49,449
TOTAL EXPENSES $591,870

Year-over-Year Comparison

2023 2022 Change
Revenue $591,108 $510,961 +0.2%
Expenses $591,870 $514,929 +0.1%
Net Income $-762 $-3,968 -0.8%
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
7
Independent Members
6
Employees
2
Volunteers
6

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
4
$434,961
Total Directors
7
$434,961
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STAN CAPELLI Executive VP 32.00
Officer Director
$350,745 $84,216 $434,961
TOM REED President 1.00
Officer Director
$0 $0 $0
ROSS LORENCZ Vice President 1.00
Officer Director
$0 $0 $0
TODD HENARD Treasurer 1.00
Officer Director
$0 $0 $0
HECTOR VARGAS Director 1.00
Director
$0 $0 $0
AUSTIN HARGETT Director 1.00
Director
$0 $0 $0
STEVE BONESO Director 1.00
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 $591,108 $591,870 $283,247 $-762
2023 $510,961 $514,929 $284,009 $-3,968
2022 $320,815 $318,948 $287,977 $1,867
2021 $387,212 $262,157 $286,110 $125,055
2020 $307,828 $286,728 $200,908 $21,100
2019 $281,448 $257,967 $148,950 $23,481
2018 $297,411 $272,399 $125,342 $25,012
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