Ubc & Ja Local 326

Not tax-deductible

Wallingford, CT501(c)(5)Since 2017EmploymentEIN 82-3609267Revenue $956K in FY2024

On file with the IRScarpenterslocal326.com500 Main St, 06492-1722 · Wallingford, CTTax-exempt since Jun 2019

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A member-led labor organization united by the dedication to improve the lives of workers by taking action and providing services that promote fairness and equality.

$32K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $58K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$32K
to officers and key staff · 4% of spending
Top officer’s pay lower than 92% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$198K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 10 voting members
Concern: none of 10 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$956K
+10% vs prior year
Spent
$877K
Net assets
$592K
By yearFY2020–FY2024
Revenue
$956K
FY2024▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$945K
FY2022$920K
FY2023$803K
FY2024$867K
FY2024$956K
Expenses
$877K
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$928K
FY2021$933K
FY2022$868K
FY2023$814K
FY2024$810K
FY2024$877K
Net assets
$592K
FY2024▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$379K
FY2021$440K
FY2022$429K
FY2023$437K
FY2024$516K
FY2024$592K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990; $32K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$4,012Pt VII · Sec A
Financial Secretary
$4,012Pt VII · Sec A
Recording Secretary
$3,712Pt VII · Sec A
Treasurer
$3,561Pt VII · Sec A
$3,450Pt VII · Sec A
$3,075Pt VII · Sec A
$2,775Pt VII · Sec A
Trustee (p)
$2,775Pt VII · Sec A

Ernest Pagan’s $4K as President is at the 8th percentile of top reported officer pay among 1216 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Yoshika T Crews$2,775$4,837$2,775$2,145$4,494$9,239
Ernest Pagan$4,012$3,880$3,208$2,295$1,669$1,864
Michael Oliver$4,012$3,880$3,638$2,992$2,354$2,421
David S Silvay$3,712$3,880$2,758$1,695$1,369$1,213
Jeff Wolcheski—$3,880$3,638$3,142$2,354$2,571
Daron Ross$3,561$1,200————
Michael Iacoviello$3,450—————
Chris Bachant——$2,040$3,142$2,354$2,471

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ubc & Ja Local 326 executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for better pay, benefits, and working conditions for carpenters.

Provided by the organization

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1 program · in their own filed words · FY2024
01

To raise the standards for wages, benefits and working conditions for all carpenters.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $42K · 2019–2020
Various Organizations All Under 5000FY2020$19,862
Various Organizations All Under 5000FY2019$22,197

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$956K
Ln 12
Fees for servicesLn 2g$602K
Gifts and grantsLn 1h$273K
Other incomeLn 4–11$42K
Money outPt IX
$877K
Ln 25
Owns and owesPt X
$592K
net assets · Ln 32
Cash and savingsLn 1–2$288K
Total assetsLn 16$790K
LiabilitiesLn 26$198K
PeoplePt VI, VII
11
listed · VII A
PaidVII A10
Voting boardVI 1a10
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$273K
Fees for servicesLn 2g$602K
Investment incomeLn 3$39K
Other incomeLn 4–11$42K
Gains on assetsLn 7$10K
Total revenueLn 12$956K
Assets in detailPt X, end of year
CashLn 1$288K
Cash and savings togetherLn 1–2$288K
InvestmentsLn 11–13$501K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$790K
LiabilitiesLn 26$198K
Net assetsLn 32$592K
OperationsPt I, VI
EmployeesI 541
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$263K$288K
InvestmentsLn 11–13$470K$501K
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$735K$790K
LiabilitiesLn 26$218K$198K
Net assetsLn 32$516K$592K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$13K
Benefits paid to or for membersLn 4$91K
Pay of current officers, directors and key staffLn 5$32K
Other salaries and wagesLn 7$182K
Pension plan contributionsLn 8$13K
Other employee benefitsLn 9$19K
Payroll taxesLn 10$31K
Accounting feesLn 11c$10K
Investment management feesLn 11f$5K
Advertising and promotionLn 12$29K
Office expensesLn 13$21K
OccupancyLn 16$57K
Conferences, conventions and meetingsLn 19$15K
Payments to affiliatesLn 21$350K
Depreciation, depletion and amortizationLn 22$245
Other expenses (24a–d)Ln 24$8K
Total functional expensesLn 25$877K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $867K$810K$56K$516K 990 PDF
FY2023 $803K$814K−$12K$437K 990 PDF
FY2022 $920K$868K$52K$429K 990 PDF
FY2021 $945K$933K$12K$440K 990 PDF
FY2020 $1.1M$928K$181K$379K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $955,901 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $221,214$273,200
I-9 Program service revenuePrior year $586,416$601,849
I-10 Investment incomePrior year $15,772$39,171
I-11 Other revenuePrior year $43,344$41,681
I-12 Total revenuePrior year $866,746$955,901
I-13 Grants and similar amounts paidPrior year $21,315$12,939
I-14 Benefits paid to membersPrior year $87,336$91,179
I-15 Salaries and benefitsPrior year $222,088$277,938
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $479,550$494,550
I-18 Total expensesPrior year $810,289$876,606
I-19 Revenue less expensesPrior year $56,457$79,295
Part VI · Governance 0 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $955,901 across 7 lines filed
VIII-1d Related organizations$273,200
VIII-1h Total contributions, gifts and grants$273,200
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $601,849$601,849
VIII-3 Investment incomeExcluded from tax $29,059$29,059
VIII-7 Net gain or loss on sales of assetsExcluded from tax $10,112$10,112
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $41,681$41,681
VIII-12 Total revenueRelated to mission $643,530 · Unrelated business $0 · Excluded from tax $39,171$955,901
Part IX · Statement of functional expenses $876,606 across 16 lines filed
IX-1 Grants to domestic organizations$12,939
IX-4 Benefits paid to or for members$91,179
IX-5 Pay of current officers, directors and key staff$32,059
IX-7 Other salaries and wages$182,279
IX-8 Pension plan contributions$13,104
IX-9 Other employee benefits$19,384
IX-10 Payroll taxes$31,112
IX-11c Accounting fees$9,600
IX-11f Investment management fees$4,561
IX-12 Advertising and promotion$29,067
IX-13 Office expenses$21,173
IX-16 Occupancy$56,892
IX-19 Conferences, conventions and meetings$14,982
IX-21 Payments to affiliates$350,152
IX-22 Depreciation, depletion and amortization$245
IX-24 Other expenses (24a–d)$7,878
IX-25 Total functional expenses$876,606
Part X · Balance sheet $790,226 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $263,280$288,101
X-10c Land, buildings and equipment, netStart of year $1,793$1,548
X-11 Publicly traded securitiesStart of year $469,537$500,577
X-16 Total assetsStart of year $734,610$790,226
X-17 Accounts payable and accrued expensesStart of year $8,208$7,377
X-19 Deferred revenueStart of year $210,241$190,935
X-26 Total liabilitiesStart of year $218,449$198,312
X-27 Net assets without donor restrictionsStart of year $516,161$591,914
X-32 Total net assets or fund balancesStart of year $516,161$591,914
X-33 Total liabilities and net assetsStart of year $734,610$790,226
Part XI · Reconciliation of net assets $591,914 net assets at year end
XI-1 Total revenue$955,901
XI-2 Total expenses$876,606
XI-3 Revenue less expenses$79,295
XI-4 Net assets at start of year$516,161
XI-5 Net unrealized gains (losses) on investments−$3,542
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$591,914

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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