Civic Intelligence

Ubc & Ja Local 326

EIN 82-3609267 • 501(c)5 • Yalesville, CT

Profile

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.

500 Main StYalesville, CT 06492

www.carpenterslocal326.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.30x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.25x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2024

Net Margin

52nd percentile

6.5%

Higher net margin than 52% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

73rd percentile

10%

Faster asset growth than 73% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

24th percentile

-2.9%

Faster revenue growth than 24% of similar nonprofits.

501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Up

$734,610

Up $69,146 (+10%) from 2023

Liabilities

Down

$218,449

Down $10,274 (-4.5%) from 2023

Net Assets

Up

$516,161

Up $79,420 (+18%) from 2023

Revenue

Up

$866,746

Up $64,181 (+8.0%) from 2023

Expenses

Down

$810,289

Down $3,953 (-0.5%) from 2023

Net Income

Up

$56,457

Up $68,134 (+583%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2018: $458,258Liabilities 2018: $352,121Net Assets 2018: $106,1372018Assets 2019: $429,799Liabilities 2019: $229,503Net Assets 2019: $200,2962019Assets 2020: $562,921Liabilities 2020: $183,439Net Assets 2020: $379,4822020Assets 2021: $647,838Liabilities 2021: $208,104Net Assets 2021: $439,7342021Assets 2022: $604,109Liabilities 2022: $175,380Net Assets 2022: $428,7292022Assets 2023: $665,464Liabilities 2023: $228,723Net Assets 2023: $436,7412023Assets 2024: $734,610Liabilities 2024: $218,449Net Assets 2024: $516,1612024

Highlighted filing

2024

Assets$734,610
Liabilities$218,449
Net Assets$516,161

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2018: $547,667Expenses 2018: $441,530Net Income 2018: $106,1372018Revenue 2019: $948,694Expenses 2019: $854,535Net Income 2019: $94,1592019Revenue 2020: $1,109,224Expenses 2020: $928,419Net Income 2020: $180,8052020Revenue 2021: $945,438Expenses 2021: $932,974Net Income 2021: $12,4642021Revenue 2022: $919,710Expenses 2022: $868,160Net Income 2022: $51,5502022Revenue 2023: $802,565Expenses 2023: $814,242Net Income 2023: -$11,6772023Revenue 2024: $866,746Expenses 2024: $810,289Net Income 2024: $56,4572024

Highlighted filing

2024

Revenue$866,746
Expenses$810,289
Net Income$56,457

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 5, 2025
Return Version
2023v6.0
Gross Receipts
$882,280
Mission and Program Overview

Mission

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.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$435,108$469,537▲ $34,429
Cash and Non-Interest-Bearing Accounts$228,318$263,280▲ $34,962
Land, Buildings, and Equipment, Net$2,038$1,793▼ $245
Total Assets$665,464$734,610▲ $69,146
Liabilities
Deferred Revenue$218,007$210,241▼ $7,766
Accounts Payable and Accrued Expenses$10,716$8,208▼ $2,508
Total Liabilities$228,723$218,449▼ $10,274
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$436,741$516,161▲ $79,420
Total Net Assets Fund Balance$436,741$516,161▲ $79,420
Total Liabilities and Net Assets / Fund Balance$665,464$734,610▲ $69,146

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$18,755$18,755
Other Land Buildings$194$9,475$9,669
Buildings$1,599$705$2,304
Compensation and Service Providers

Employees

NameTitleBaseTotal
Yoshika T CrewsConductor$4,837$4,837
David S SilvayRecording Secretary$3,880$3,880
Ernest PaganPresident$3,880$3,880
Jeff WolcheskiTreasurer (p)$3,880$3,880
Michael OliverFinancial Secretary$3,880$3,880
Edwin CrespoVP$2,987$2,987
Erica WeborgTrustee$2,987$2,987
Larry CottenTrustee$2,987$2,987
Mike IavovielloTrustee$2,987$2,987
Carmen DursoWarden$1,787$1,787
Daron RossTreasurer$1,200$1,200
Revenue and Support

Revenue Composition

Contributions and Grants
$221,214
Program Service Revenue
$586,416
Investment Income
$15,772
Other Revenue
$43,344
Change in Net Assets
$56,457

Audited Revenue Reconciliation

Revenue per Audited Statements
$862,527
Revenue Not Reported on Financial Statements
$4,219
Revenue Not Reported on Form 990
$22,963
Total Revenue per Audited Statements
$885,490
Total Revenue per Form 990
$866,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$479,550
Salaries, Compensation, and Employee Benefits$222,088
Grants and Similar Amounts Paid$21,315
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$356,054
Other Salaries and Wages---$136,005
Benefits to Members---$87,336
Occupancy---$56,892
Current Officers, Directors, Trustees, and Key Employees---$30,415
Conferences and Meetings---$24,108
Payroll Taxes---$21,998
Grants to Domestic Orgs---$21,315
Other Employee Benefits---$20,465
Office Expenses---$15,203
Pension Plan Contributions---$13,205
Fees for Services Accounting---$10,000
Advertising---$9,032
Fees for Service Investment Mgmnt Fees---$4,219
Insurance---$366
Depreciation Depletion---$245
Other Expenses---$234
Total Functional Expenses$0$0$0$810,289

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$810,289
Expenses per Audited Statements$806,070
Total Expenses per Audited Statements$806,070
Expenses Not Reported on Financial Statements$4,219
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

Form 990, Part VI, Section A, Line 7A

Members elect officers and hold elections in accordance with its constitution and bylaws.

Form 990, Part VI, Section A, Line 7B

Members approve certain items as described in the constitution and bylaws.

Form 990, Part VI, Section B, Line 11B

Ubc local 326 form 990 is prepared by its independant public accountant who then forwards the completed return to the executive board for review and signature.

Form 990, Part VI, Section C, Line 19

Documents are available for public inspection upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
Ubc & Ja Local 326
EIN
82-3609267
Phone
8603521130
Address
500 MAIN ST, YALESVILLE, CT 06492

Signing Officer

Name
Ernest Pagan
Title
President
Phone
8603521130
Signed
2025-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest Pagan
Formed
2017
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
0
Employees
41
Volunteers
0

Preparer

Firm
Novak Francella LLC
Address
40 MONUMENT RD 5TH FLR, BALA CYNWYD, PA 19004
Preparer
Louis Verzella CPA
Phone
6106689400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization uses the modified cash basis of accounting to prepare their financial statements.

FORM 990, PART XII, LINE 2C:

The organization's governing body is responsible for oversight of the audit and selection of the independent accountant.

Financial Statement Notes

PART X, LINE 2:

The modified cash basis of accounting requires plan management to evaluate tax positions taken by the local and to recognize a tax liability (or asset) if it has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The local is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01599
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0705
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02304
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018755
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018755
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04219
IRS990ScheduleD/ExpensesSubtotalAmt0806070
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt04219
IRS990ScheduleD/InvestmentExpensesNotIncldAmt04219
IRS990ScheduleD/NetUnrealizedGainsInvstAmt022963
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0194
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09475
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09669
IRS990ScheduleD/RevenueNotReportedAmt022963
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt04219
IRS990ScheduleD/RevenueSubtotalAmt0862527
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MODIFIED CASH BASIS OF ACCOUNTING REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE LOCAL AND TO RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE LOCAL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01793
IRS990ScheduleD/TotalExpensesPerForm990Amt0810289
IRS990ScheduleD/TotalRevenuePerForm990Amt0866746
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0885490
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0806070
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT OFFICERS AND HOLD ELECTIONS IN ACCORDANCE WITH ITS CONSTITUTION AND BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS APPROVE CERTAIN ITEMS AS DESCRIBED IN THE CONSTITUTION AND BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UBC LOCAL 326 FORM 990 IS PREPARED BY ITS INDEPENDANT PUBLIC ACCOUNTANT WHO THEN FORWARDS THE COMPLETED RETURN TO THE EXECUTIVE BOARD FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING TO PREPARE THEIR FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING BODY IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0665464
IRS990/TotalAssetsEOYAmt0734610
IRS990/TotalAssetsGrp/BOYAmt0665464
IRS990/TotalAssetsGrp/EOYAmt0734610
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0221214
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/TotalAmt0810289
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0228723
IRS990/TotalLiabilitiesEOYAmt0218449
IRS990/TotalLiabilitiesGrp/BOYAmt0228723
IRS990/TotalLiabilitiesGrp/EOYAmt0218449
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0436741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0516161
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0586416
IRS990/TotalReportableCompFromOrgAmt035292
IRS990/TotalRevenueGrp/ExclusionAmt015772
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0629760
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0866746
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0665464
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0734610
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 MAIN ST
IRS990/USAddress/CityNm0YALESVILLE
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006492
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.CARPENTERSLOCAL326.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERNEST PAGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08603521130
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UBC & JA LOCAL 326
ReturnHeader/Filer/BusinessNameControlTxt0UBC&
ReturnHeader/Filer/EIN0823609267
ReturnHeader/Filer/PhoneNum08603521130
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 MAIN ST
ReturnHeader/Filer/USAddress/CityNm0YALESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006492
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611436956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVAK FRANCELLA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt040 MONUMENT RD 5TH FLR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BALA CYNWYD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019004
ReturnHeader/PreparerPersonGrp/PhoneNum06106689400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOUIS VERZELLA CPA
ReturnHeader/ReturnTs02025-05-05T11:03:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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