International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fd (EIN 050264126) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1952

Legal Domicile

Phone

4019469900

Tax Period

2024-01-01 to 2024-12-31

International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fd, founded in 1952, is a mid-sized nonprofit that reported $16.8M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $15.1M left a modest 10% surplus.

Mission

Trust established by Local Union No. 99 of the International Brotherhood of Electrical Workers to receive funding contributions and hold the assets for a multi-employer welfare benefit plan.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $15,924,169

Investment Income $907,881

Other Revenue $0

TOTAL REVENUE $16,832,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,141,617

Other Expenses $474,129

TOTAL EXPENSES $15,141,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,832,050	$13,751,029	+0.2%
Expenses	$15,141,617	$12,823,966	+0.2%
Net Income	$1,690,433	$927,063	+0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$178,312

Total Directors

$343,221

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Walsh	Chairman	1.00	Officer Director	$0	$0	$178,312
Wayne Tait	Trustee	1.00	Director	$0	$0	$164,909
Spencer Marks	Trustee	1.00	Director	$0	$0	$0
John Ciacciarelli	Trustee	1.00	Director	$0	$0	$0
Joseph Manzi	Trustee	1.00	Director	$0	$0	$0
Corey Fontaine	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
2024	$16,832,050	$15,141,617	$22,462,920	$1,690,433
2023	$13,751,029	$12,823,966	$20,779,994	$927,063
2022	$11,896,573	$11,732,135	$18,857,323	$164,438
2021	$11,693,548	$11,564,310	$20,740,409	$129,238
2020	$11,094,861	$10,550,409	$20,633,173	$544,452
2019	$11,200,148	$9,740,077	$19,558,483	$1,460,071
2018	$11,001,814	$9,483,278	$16,552,540	$1,518,536

International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fd