Intl Union of Painters Local 1332

Nonprofit profile at a glance

EIN
366108106
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Chicago, IL, USA
Phone
7738743594
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$27,962
Expenses
$25,622
Assets
$27,703
Liabilities
$1,465

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ALFRED WHITEHEAD (PRESIDENT)
  • TYRONE HENDRIX (VICE PRESIDENT)

People named in this filing

  • CHRISTOPHER SEALEY (BUSINESS AGENT)
  • ALFRED WHITEHEAD (PRESIDENT)
  • TYRONE HENDRIX (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Aid workers to become more skillful

What it reported doing in 2024

Aid members to become more skillful & efficient workers through general knowledge and education. Improve & better wages, hours, & conditions of labor. Promote individual rights.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 52
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.6%; rating input score 92
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.4%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.1% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: -6.7% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 91.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $26K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.