Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust

Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust consistently operates with a surplus and no executive compensation.

EIN: 166051839 · West Seneca, NY · NTEE: J22 · Updated: 2026-03-28

$2.1MRevenue

$4.7MAssets

92/100Mission Score (Excellent)

J22

About Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust

Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust (EIN: 166051839) is a nonprofit organization based in West Seneca, NY, classified under NTEE code J22. The organization reported total revenue of $2.1M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For the latest reported period (202405), the organization reported revenues of $1,845,132 against expenses of $1,728,927, indicating a surplus. The organization's assets have shown significant growth, nearly doubling from $2,379,959 in 201905 to $4,529,034 in 202405, suggesting effective asset management and accumulation. Liabilities have fluctuated, with a notable increase in 202305 and 202405 compared to earlier periods, which warrants closer examination but does not appear to pose an immediate threat given the asset base.

Spending efficiency appears strong, particularly given the nature of an apprenticeship training trust. The absence of reported officer compensation across all filings indicates that resources are likely directed towards program services rather than executive salaries. This aligns with a mission-focused approach. The organization's consistent filing history over 13 periods also points to a commitment to transparency and regulatory compliance.

Overall, the organization exhibits sound financial management, a clear dedication to its program, and good transparency through its regular IRS 990 filings. The growth in assets and consistent operational surpluses contribute to a positive financial outlook, supporting its long-term mission of apprenticeship training.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong dedication of resources directly to the organization's mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust's IRS 990 filings:

Significant increase in liabilities in recent years without clear explanation in summary data.

Strengths

The following positive indicators were identified for Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust:

Consistent operational surpluses, with revenue exceeding expenses in most periods (e.g., 202405: Revenue $1,845,132 vs. Expenses $1,728,927).
Zero reported officer compensation across all filings, indicating high efficiency in directing funds to programs.
Substantial asset growth, nearly doubling from $2,379,959 in 201905 to $4,529,034 in 202405.
Long and consistent filing history (13 filings), demonstrating commitment to transparency and compliance.
Strong program focus implied by the nature of an apprenticeship training trust and lack of executive compensation.

Frequently Asked Questions about Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust

How does the organization manage to operate with 0% officer compensation?

The filings consistently show 0% officer compensation, which could imply that leadership roles are filled by volunteers, or compensation is covered by an affiliated entity, or reported under a different expense category not classified as 'officer compensation' on the 990.

What caused the significant increase in liabilities in 202305 and 202405?

Liabilities jumped from $20,023 in 202205 to $1,652,597 in 202305 and $1,554,373 in 202405. This substantial increase warrants further investigation to understand its nature, such as new debt, deferred revenue, or other obligations.

What are the primary sources of revenue for the organization?

While the filings show total revenue, a deeper dive into the 990's Part VIII (Statement of Revenue) would be needed to identify specific sources like contributions, program service revenue, or investment income.

Filing History

IRS 990 filing history for Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust's revenue has grown by 54.8%, moving from $1.2M to $1.8M. Total assets increased by 462% over the same period, from $806K to $4.5M. Total functional expenses rose by 82.7%, from $946K to $1.7M. In its most recent filing year (2024), Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust reported a surplus of $116K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $4.5M in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $3.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$1.8M	$1.7M	$4.5M	$1.6M	—	View 990
2023	$1.5M	$1.5M	$4.4M	$1.7M	—	View 990
2022	$1.5M	$1.4M	$2.8M	$20K	—	View 990
2021	$1.5M	$1.3M	$2.8M	$10K	—	—
2020	$1.4M	$1.2M	$2.5M	$18K	—	View 990
2019	$1.5M	$1.4M	$2.4M	$39K	—	View 990
2018	$1.9M	$1.3M	$2.3M	$55K	—	—
2017	$1.4M	$1.6M	$1.7M	$31K	—	View 990
2016	$1.7M	$1.2M	$1.8M	$57K	—	View 990
2015	$1.3M	$1.1M	$1.3M	$40K	—	View 990
2014	$1.1M	$1.0M	$1.1M	$57K	—	View 990
2013	$1.3M	$1.0M	$1.1M	$41K	—	View 990
2012	$1.2M	$946K	$806K	$46K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $1.8M, expenses of $1.7M, and assets of $4.5M (revenue +19.3% year-over-year).
2023: Revenue of $1.5M, expenses of $1.5M, and assets of $4.4M (revenue +5.1% year-over-year).
2022: Revenue of $1.5M, expenses of $1.4M, and assets of $2.8M (revenue +1.1% year-over-year).
2021: Revenue of $1.5M, expenses of $1.3M, and assets of $2.8M (revenue +2.2% year-over-year).
2020: Revenue of $1.4M, expenses of $1.2M, and assets of $2.5M (revenue -4.0% year-over-year).
2019: Revenue of $1.5M, expenses of $1.4M, and assets of $2.4M (revenue -20.6% year-over-year).
2018: Revenue of $1.9M, expenses of $1.3M, and assets of $2.3M (revenue +32.6% year-over-year).
2017: Revenue of $1.4M, expenses of $1.6M, and assets of $1.7M (revenue -18.4% year-over-year).
2016: Revenue of $1.7M, expenses of $1.2M, and assets of $1.8M (revenue +35.2% year-over-year).
2015: Revenue of $1.3M, expenses of $1.1M, and assets of $1.3M (revenue +19.9% year-over-year).
2014: Revenue of $1.1M, expenses of $1.0M, and assets of $1.1M (revenue -17.4% year-over-year).
2013: Revenue of $1.3M, expenses of $1.0M, and assets of $1.1M (revenue +8.2% year-over-year).
2012: Revenue of $1.2M, expenses of $946K, and assets of $806K.

Data Sources and Methodology

This transparency report for Plumbers & Steamfitters Local Union 22 Apprenticeship Training Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.