United Brotherhood of Carpenters and Joiners of America Local 1510

Nonprofit profile at a glance

EIN
383308208
IRS 990-EZ coverage
2016–2025
Forms available
Form 990 2014, Form 990-EZ 2025, Form 990-N 2015
Location
Negaunee, MI, USA
Phone
9067891670
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$132,118
Expenses
$106,689
Assets
$58,969

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MICHAEL S PARRETT (PRESIDENT)

People named in this filing

  • MICHAEL S PARRETT (PRESIDENT)
  • BRADFORD C REED (VICE PRESIDE)
  • ROBERT BIDDLE (RECORDING SE)

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

Local 1510 is crafted for the purpose of promoting and protecting the unionized carpenter's interests for the benefit of the membership in local 1510's jurisdiction, and to elevate the economic, moral, intellectual, and social conditions of all working men and women.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.6%; rating input score 77
  • Program expense ratio: 94.8%; rating input score 95

Transparency & Controls

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

Sustainability

  • Operating margin: 19.2%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 3.1%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 16.5% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 76.6% of revenue deployed · 94.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $101K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.