INT'L ASSOC OF HEAT & FROST INSULATORS&ALLIED WORKERS-LOCAL 132

EIN: 990150515

KAPOLEI, HI

Total Revenue
$878,764
Total Expenses
$820,339
Total Assets
$635,047
Net Assets
$422,282
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
HI
Principal Officer
DOUGLAS FULP
Phone
8085216405
Tax Period
2025-01-01 to 2025-12-31

INT'L ASSOC OF HEAT & FROST INSULATORS&ALLIED WORKERS-LOCAL 132, founded in 1960, is a small nonprofit that reported $879K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $820K left a modest 7% surplus.

Mission

TO ASSISTS ITS MEMBERS IN SECURING EMPLOYMENT, TO DEFEND THEIR RIGHTS AND ADVANCE THEIR INTERESTS AS WORKING MEN AND WOMEN, AND BY EDUCATION AND COOPERATION RAISE THEM TO THE POSITION IN SOCIETY TO WHICH THEY ARE ENTITLED.

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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 $878,764
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $878,764

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,815
Fundraising Expenses $0
Program Expenses $820,339
Other Expenses $338,524
TOTAL EXPENSES $820,339

Year-over-Year Comparison

2025 2024 Change
Revenue $878,764 $761,024 +0.2%
Expenses $820,339 $802,844 +0.0%
Net Income $58,425 $-41,820 -2.4%
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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Governance

Voting Members
12
Independent Members
12
Employees
2
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
$310,824
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS FULP BUSINESS MAN 40.00
Officer
$230,732 $80,092 $310,824
KALE ALVAREZ DIRECTOR N/A
Director
$0 $0 $0
ROBERT BARETTO TRUSTEE N/A
Director
$0 $0 $0
SHANE CABILES DIRECTOR N/A
Director
$0 $0 $0
CHRISTOPHER CASTILLO TRUSTEE N/A
Director
$0 $0 $0
TROY EBALAROZA DIRECTOR N/A
Director
$0 $0 $0
ANDREW FORTUNO DIRECTOR N/A
Director
$0 $0 $0
STEVE FORTUNO DIRECTOR N/A
Director
$0 $0 $0
JUAN MORALES DIRECTOR N/A
Director
$0 $0 $0
LEROY REFORMINA DIRECTOR N/A
Director
$0 $0 $0
BERNARD ALVAREZ PRESIDENT N/A
Officer
$0 $0 $0
RODNEY YOSHIKAWA VICE PRESIDE N/A
Officer
$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 $878,764 $820,339 $635,047 $58,425
2024 No data No data No data No data
2023 $767,496 $773,152 $656,027 $-5,656
2022 $791,579 $857,383 $678,325 $-65,804
2021 $705,168 $791,676 $776,330 $-86,508
2020 $821,599 $791,322 $880,419 $30,277
2019 $938,208 $907,946 $871,273 $30,262
2018 $947,956 $918,886 $814,193 $29,070
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