New Jersey Industrial Painters Association Inc

Nonprofit profile at a glance

EIN
452808010
IRS 990-EZ coverage
2023–2025
Forms available
Form 990 2022, Form 990-EZ 2025
Location
Philadelphia, PA, USA
Phone
2153305704
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Labor Unions

Reported finances

Revenue
$108,244
Expenses
$158,608
Assets
$211,836
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • PAUL TSOUROUS (PRESIDENT/DIRECTOR)

People named in this filing

  • JOHN PSARIANOS (DIRECTOR)
  • PAUL TSOUROUS (PRESIDENT/DIRECTOR)
  • TOM SULKOWSKI (TREASURER/SECRETARY/DIRECTOR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporations primary exempt purpose is to advance and promote, in the state of New Jersey, the union contracting sector of the industrial painting and coating industry. The corporation intends to engage in four major activities to further this purpose. These activities are as follows: educational programs, collective bargaining negotiations, participation in the oversight of apprenticeship training programs and public relations and marketing.

What it reported doing in 2025

The new field workers in the union construction sector receive their training in an apprenticeship program which is jointly administered by management representatives and by union representatives. This joint apprenticeship committee formulates the curriculum and schedule of training to be received by workers. Corporation members monitor the training program and recommend the introduction into the process of the teaching of new skills and techniques that are required in the industrial painting and coating industry. Oversight of the training of apprentices is vital to the advancement of the industrial painting indudstry to ensure that there is a constant influx of newly trained and skilled workers who are prepared to perform productively and effectively at the job site.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 6
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10%; rating input score 10
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: -46.5%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -0.4% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 10% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 10/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.