AI Transparency Report
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe demonstrates consistent financial activity, with revenues and expenses generally in the range of $600,000 to $1.8 million over the past decade. The organization has shown a positive net income in recent years, with revenue exceeding expenses by $187,002 in 2023 and $21,868 in 2022, indicating a stable financial position. Assets have fluctuated but remained robust, reaching over $1 million in 2023, while liabilities have remained relatively low, suggesting good financial management and a healthy balance sheet.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that a very high proportion of funds are likely directed towards program services and operational costs rather than executive salaries. The low liabilities further support a picture of responsible financial stewardship. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to precisely quantify spending efficiency, but the absence of executive compensation is a significant positive indicator.
In terms of transparency, the organization consistently files its IRS Form 990s, providing public access to its financial data. The consistent reporting of 0% officer compensation across all filings is a clear and transparent statement regarding executive pay. However, without access to the full 990 forms, a detailed analysis of specific program activities and a more granular breakdown of expenses is limited. Overall, the available data suggests a financially stable and transparent organization, particularly concerning executive compensation.