Ubc & Ja Local 326 FY2024 filing

Not tax-deductible

Wallingford, CT501(c)(5)Since 2017Employment EIN 82-3609267Revenue $867K in FY2024Latest return filed May 15, 2026

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.

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
$35K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $61K a year · 7% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$35K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $470K in investments, Pt X · Ln 11–13
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$218K
30% of total assets
Looks good: liabilities are 30% 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
$867K
+8% vs prior year
Spent
$810K
Net assets
$516K
By yearFY2020–FY2025
Revenue
$867K
FY2024▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$945K
FY2022$920K
FY2023$803K
FY2024$867K
FY2025$956K
Expenses
$810K
FY2024-0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$928K
FY2021$933K
FY2022$868K
FY2023$814K
FY2024$810K
FY2025$877K
Net assets
$516K
FY2024▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2020$379K
FY2021$440K
FY2022$429K
FY2023$437K
FY2024$516K
FY2025$592K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. 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; $35K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$4,837Pt VII · Sec A
Recording Secretary
$3,880Pt VII · Sec A
Treasurer (p)
$3,880Pt VII · Sec A
Financial Secretary
$3,880Pt VII · Sec A
President
$3,880Pt VII · Sec A
$2,987Pt VII · Sec A
$2,987Pt VII · Sec A
$2,987Pt 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
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 →

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.

Questions for Ubc & Ja Local 326

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1 program · in their own filed words · FY2023
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
$867K
Ln 12
Fees for servicesLn 2g$586K
Gifts and grantsLn 1h$221K
Other incomeLn 4–11$43K
Money outPt IX
$810K
Ln 25
Owns and owesPt X
$516K
net assets · Ln 32
Cash and savingsLn 1–2$263K
Total assetsLn 16$735K
LiabilitiesLn 26$218K
PeoplePt VI, VII
11
listed · VII A
PaidVII A11
Voting boardVI 1a10
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$221K
Fees for servicesLn 2g$586K
Investment incomeLn 3$16K
Other incomeLn 4–11$43K
Gains on assetsLn 7−$107
Total revenueLn 12$867K
Assets in detailPt X, end of year
CashLn 1$263K
Cash and savings togetherLn 1–2$263K
InvestmentsLn 11–13$470K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$735K
LiabilitiesLn 26$218K
Net assetsLn 32$516K
OperationsPt I, VI
EmployeesI 541
VolunteersI 60
Fiscal year endsHeaderJune
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$228K$263K
InvestmentsLn 11–13$435K$470K
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$665K$735K
LiabilitiesLn 26$229K$218K
Net assetsLn 32$437K$516K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$21K
Benefits paid to or for membersLn 4$87K
Pay of current officers, directors and key staffLn 5$30K
Other salaries and wagesLn 7$136K
Pension plan contributionsLn 8$13K
Other employee benefitsLn 9$20K
Payroll taxesLn 10$22K
Accounting feesLn 11c$10K
Investment management feesLn 11f$4K
Advertising and promotionLn 12$9K
Office expensesLn 13$15K
OccupancyLn 16$57K
Conferences, conventions and meetingsLn 19$24K
Payments to affiliatesLn 21$356K
Depreciation, depletion and amortizationLn 22$245
InsuranceLn 23$366
Other expenses (24a–d)Ln 24$3K
Total functional expensesLn 25$810K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $956K$877K$79K$592K 990 PDF
FY2024 ViewingFiled with the IRS May 5, 2025 $867K$810K$56K$516K 990 PDF
FY2023Filed with the IRS May 14, 2024 $803K$814K−$12K$437K 990 PDF
FY2022Filed with the IRS May 9, 2023 $920K$868K$52K$429K 990 PDF
FY2021Filed with the IRS Apr 12, 2022 $945K$933K$12K$440K 990 PDF
FY2020Filed with the IRS Feb 18, 2021 $1.1M$928K$181K$379K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $866,746 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $170,130$221,214
I-9 Program service revenuePrior year $574,986$586,416
I-10 Investment incomePrior year $14,403$15,772
I-11 Other revenuePrior year $43,046$43,344
I-12 Total revenuePrior year $802,565$866,746
I-13 Grants and similar amounts paidPrior year $26,298$21,315
I-14 Benefits paid to membersPrior year $48,193$87,336
I-15 Salaries and benefitsPrior year $208,514$222,088
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $531,237$479,550
I-18 Total expensesPrior year $814,242$810,289
I-19 Revenue less expensesPrior year −$11,677$56,457
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 $866,746 across 7 lines filed
VIII-1d Related organizations$221,214
VIII-1h Total contributions, gifts and grants$221,214
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $586,416$586,416
VIII-3 Investment incomeExcluded from tax $15,879$15,879
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$107−$107
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $43,344$43,344
VIII-12 Total revenueRelated to mission $629,760 · Unrelated business $0 · Excluded from tax $15,772$866,746
Part IX · Statement of functional expenses $810,289 across 17 lines filed
IX-1 Grants to domestic organizations$21,315
IX-4 Benefits paid to or for members$87,336
IX-5 Pay of current officers, directors and key staff$30,415
IX-7 Other salaries and wages$136,005
IX-8 Pension plan contributions$13,205
IX-9 Other employee benefits$20,465
IX-10 Payroll taxes$21,998
IX-11c Accounting fees$10,000
IX-11f Investment management fees$4,219
IX-12 Advertising and promotion$9,032
IX-13 Office expenses$15,203
IX-16 Occupancy$56,892
IX-19 Conferences, conventions and meetings$24,108
IX-21 Payments to affiliates$356,054
IX-22 Depreciation, depletion and amortization$245
IX-23 Insurance$366
IX-24 Other expenses (24a–d)$3,431
IX-25 Total functional expenses$810,289
Part X · Balance sheet $734,610 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $228,318$263,280
X-10c Land, buildings and equipment, netStart of year $2,038$1,793
X-11 Publicly traded securitiesStart of year $435,108$469,537
X-16 Total assetsStart of year $665,464$734,610
X-17 Accounts payable and accrued expensesStart of year $10,716$8,208
X-19 Deferred revenueStart of year $218,007$210,241
X-26 Total liabilitiesStart of year $228,723$218,449
X-27 Net assets without donor restrictionsStart of year $436,741$516,161
X-32 Total net assets or fund balancesStart of year $436,741$516,161
X-33 Total liabilities and net assetsStart of year $665,464$734,610
Part XI · Reconciliation of net assets $516,161 net assets at year end
XI-1 Total revenue$866,746
XI-2 Total expenses$810,289
XI-3 Revenue less expenses$56,457
XI-4 Net assets at start of year$436,741
XI-5 Net unrealized gains (losses) on investments$22,963
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$516,161

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

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