LABORERS INTL UNION OF NA LOCAL 754 WELFARE FUND (EIN 131895923) - 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

1955

Legal Domicile

Principal Officer

STEPHEN REICH

Phone

8454250210

Tax Period

2024-07-01 to 2025-06-30

LABORERS INTL UNION OF NA LOCAL 754 WELFARE FUND, founded in 1955, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.5M, a strong 38% operating margin.

Mission

TO PROVIDE HEALTH AND WELFARE, SAVINGS, AND EDUCATION BENEFITS TO PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS.

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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 $6,085,678

Investment Income $539,315

Other Revenue $0

TOTAL REVENUE $6,624,993

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,038

Fundraising Expenses $0

Other Expenses $444,094

TOTAL EXPENSES $4,130,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,624,993	$5,695,179	+0.2%
Expenses	$4,130,108	$3,577,206	+0.2%
Net Income	$2,494,885	$2,117,973	+0.2%

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

$169,084

Total Directors

$358,411

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN REICH	TRUSTEE	5.00	Director	$0	$123,211	$355,851
JOHN COONEY JR	TRUSTEE	5.00	Director	$0	$0	$0
ALAN SEIDMAN	TRUSTEE	5.00	Director	$0	$0	$0
KENNETH LEWIS	TRUSTEE	5.00	Director	$0	$0	$2,560
VINCENZA QUINLAN	FUND MANAGER	35.00	Officer	$53,280	$51,881	$169,084

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	$6,624,993	$4,130,108	$23,388,332	$2,494,885
2024	$5,695,179	$3,577,206	$19,827,180	$2,117,973
2023	$4,856,965	$4,099,348	$17,648,861	$757,617
2022	$4,822,249	$4,063,191	$16,502,982	$759,058
2021	$4,641,889	$3,657,031	$16,520,875	$984,858
2020	$5,612,872	$3,759,146	$15,553,644	$1,853,726
2019	$5,809,912	$5,200,685	$14,043,797	$609,227
2018	$5,897,673	$3,619,862	$13,026,091	$2,277,811

LABORERS INTL UNION OF NA LOCAL 754 WELFARE FUND