Pipefitters Local 636 Supplemental Unemployment Benefit Trust Fund
Nonprofit profile at a glance
- EIN
- 386100678
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Troy, MI, USA
- Phone
- 2488139800
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,429,444
- Expenses
- $1,699,394
- Assets
- $12,844,675
- Liabilities
- $22,270
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Highest reported compensation
- LARRY KRISNISKI (SECRETARY): $127,871 total reported compensation
- JAKE REGITS (TRUSTEE): $123,514 total reported compensation
- BILL HOLSOLMBACK (TRUSTEE): $119,297 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The pipefitters supplemental unemployment benefit fund is crafted for the purpose of providing supplemental unemployment benefits for employees under a collectively bargained agreement, on behalf of the pipefitters local 636, in compliance with the taft-harlty act.
What it reported doing in 2024
The pipefitters supplemental unemployment benefit fund is crafted for the purpose of providing supplemental unemployment benefits for employees under a collectively bargained agreement, on behalf of the pipefitters local 636, in compliance with the taft-hartley act.
Operating model
- Revenue model
- Earned-program. 74% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 60
- Accountability: 55
- Sustainability: 86
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.7%; rating input score 48
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 40%; rating input score 40; 7th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 30.1%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 7.56; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: -12.5% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -5.6% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 20th percentile among comparable filings
Details
- Where the money goes: 47.7% of revenue deployed · 92.7% of spending went to programs
- Governance: 2 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $128K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 123 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 40/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.