The Massachusetts Laborers Highway Unified Trust (EIN 043408561) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Phone

5085448255

Tax Period

2025-01-01 to 2025-12-31

The Massachusetts Laborers Highway Unified Trust, founded in 1997, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. Expenses of $3.7M exceeded revenue, resulting in a 17% operating deficit.

Mission

To identify and expand work opportunities and to promote the economic competitiveness of the union and the employers.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,852,742

Program Service Revenue $0

Investment Income $341,878

Other Revenue $0

TOTAL REVENUE $3,194,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $871,093

Fundraising Expenses $0

Other Expenses $307,769

TOTAL EXPENSES $3,725,599

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,194,620	$3,507,867	-0.1%
Expenses	$3,725,599	$3,437,435	+0.1%
Net Income	$-530,979	$70,432	-8.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Tranghese	Director	40.00		$175,075	$96,352	$271,427
Gary Krieger	Field Auditor	40.00		$138,727	$101,301	$240,028
Joseph Bonfiglio	Chairman	1.00	Director	$0	$0	$0
Trevor McCourt	Trustee	1.00	Director	$0	$0	$0
Thomas Andrews	Trustee	1.00	Director	$0	$0	$0
Ken Straney	Trustee	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$3,194,620	$3,725,599	$9,456,049	$-530,979
2024	No data	No data	No data	No data
2023	$3,802,081	$3,170,675	$9,586,846	$631,406
2022	$3,354,313	$1,968,625	$9,117,215	$1,385,688
2021	$3,255,588	$3,413,353	$9,433,601	$-157,765
2020	$3,251,107	$4,475,370	$10,499,990	$-1,224,263
2019	$3,519,321	$4,907,306	$11,092,290	$-1,387,985
2018	$3,395,994	$2,700,796	$10,078,299	$695,198

The Massachusetts Laborers Highway Unified Trust