UNITED UNION OF ROOFERS WATERPROOFERS & ALLIED WORKERS LOCAL # 12 HEALTH FUND (EIN 060878220) - 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

1978

Legal Domicile

Principal Officer

KEVIN GUERTIN

Phone

8004468646

Tax Period

2024-01-01 to 2024-12-31

UNITED UNION OF ROOFERS WATERPROOFERS & ALLIED WORKERS LOCAL # 12 HEALTH FUND, founded in 1978, is a community nonprofit that reported $4.9M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $773K, a strong 16% operating margin.

Mission

PROVIDES MEDICAL, DENTAL, DRUG, AND DISABILITY BENEFITS FOR MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,853,702

Investment Income $68,717

Other Revenue $0

TOTAL REVENUE $4,922,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,465,934

Other Expenses $1,003,657

TOTAL EXPENSES $4,149,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,922,419	$4,194,672	+0.2%
Expenses	$4,149,552	$3,792,269	+0.1%
Net Income	$772,867	$402,403	+0.9%

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
CLAIRE WEBSTER	TRUSTEE	1.00	Director	$0	$0	$0
KENNETH MACDONALD	TRUSTEE	1.00	Director	$0	$0	$0
WARREN WALLER	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN GUERTIN	TRUSTEE	1.00	Director	$0	$0	$0
JOHN LUCCHESI JR	TRUSTEE	1.00	Director	$0	$0	$0
KIM MARSHALL	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	$4,922,419	$4,149,552	$4,623,018	$772,867
2023	$4,194,672	$3,792,269	$3,757,367	$402,403
2022	$3,551,107	$3,132,965	$3,096,622	$418,142
2021	$3,063,626	$3,639,059	$3,488,791	$-575,433
2020	$3,331,952	$2,972,939	$3,745,153	$359,013
2019	$3,382,927	$3,998,557	$3,081,183	$-615,630
2018	$2,946,345	$3,551,867	$3,414,088	$-605,522

UNITED UNION OF ROOFERS WATERPROOFERS & ALLIED WORKERS LOCAL # 12 HEALTH FUND