UTILITY WORKERS UNION OF AMERICA LOCAL 246

EIN: 952635714

LONG BEACH, CA

Total Revenue
$51,626
Total Expenses
$22,891
Total Assets
$558,104
Net Assets
$558,104
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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
1947
Legal Domicile
CA
Principal Officer
Wesley Okada
Phone
3105615957
Tax Period
2025-01-01 to 2025-12-31

UTILITY WORKERS UNION OF AMERICA LOCAL 246, founded in 1947, is a micro nonprofit that reported $52K in total revenue in fiscal year 2025. The organization ran a surplus of $29K, a strong 56% operating margin.

Mission

To labor unitedly regardless of race and to pepetrate cherished traditions of our democracy to improve conditions of employment and support legislation safeguarding workers.

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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 (2025)

Revenue Breakdown

Contributions & Grants $51,595
Program Service Revenue $0
Investment Income $31
Other Revenue $0
TOTAL REVENUE $51,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $22,891
TOTAL EXPENSES $22,891

Year-over-Year Comparison

2025 2024 Change
Revenue $51,626 $51,221 +0.0%
Expenses $22,891 $19,692 +0.2%
Net Income $28,735 $31,529 -0.1%
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Colacion President 20.00
Officer
$0 $0 $0
Wesley Okada Secretary Treasurer 7.00
Officer
$0 $0 $0
Darren Ulanday Business Agent 2.00
Officer
$0 $0 $0
Michael Hamrick Trustee 2.00
$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 $51,626 $22,891 $558,104 $28,735
2024 $51,221 $19,692 $529,370 $31,529
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