IRONWORKERS 6 MEDICAL & SUB PAY PLAN (EIN 133234213) - 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

1961

Legal Domicile

Principal Officer

RONALD SOKOLOWSKI

Phone

7168281400

Tax Period

2024-06-01 to 2025-05-31

IRONWORKERS 6 MEDICAL & SUB PAY PLAN, founded in 1961, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 32% operating margin.

Mission

TO PROVIDE MEDICAL AND HEALTH BENEFITS TO ITS MEMBERS.

🔒

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 $6,060,439

Investment Income $543,638

Other Revenue $24,441

TOTAL REVENUE $6,628,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,978

Fundraising Expenses $0

Other Expenses $157,239

TOTAL EXPENSES $4,487,517

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,628,518	$4,486,278	+0.5%
Expenses	$4,487,517	$3,747,723	+0.2%
Net Income	$2,141,001	$738,555	+1.9%

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

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

$163,865

Total Directors

$426,108

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES J WILLIS III	UNION TRUSTE	1.50	Director	$19,021	$90,063	$194,510
BRIAN HART	UNION TRUSTE	1.50	Director	$7,762	$90,063	$183,251
RONALD SOKOLOWSKI	ADMINISTRATO	1.50	Officer	$97,926	$65,939	$163,865
GUY BUGMAN	UNION TRUSTE	1.50	Director	$12,046	$17,405	$44,147
THOMAS HALLIGAN	UNION TRUSTE	1.50	Director	$4,200	$0	$4,200
JAMES LOGAN	EMPLOYER TRU	1.50	Director	$0	$0	$0
CHRISTOPHER OKIE	EMPLOYER TRU	1.50	Director	$0	$0	$0
THOMAS SAIA	EMPLOYER TRU	1.50	Director	$0	$0	$0
HL STEPHENSON	EMPLOYER TRU	1.50	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	$6,628,518	$4,487,517	$13,372,997	$2,141,001
2024	$4,486,278	$3,747,723	$10,920,247	$738,555
2023	$4,268,558	$3,208,270	$9,523,242	$1,060,288
2022	$3,380,518	$3,296,632	$8,615,907	$83,886
2021	$3,614,269	$2,647,914	$9,085,173	$966,355
2020	$2,868,604	$3,602,877	$7,734,923	$-734,273
2019	$3,888,957	$3,751,363	$8,196,547	$137,594

IRONWORKERS 6 MEDICAL & SUB PAY PLAN