LABORERS' LOCAL 157 HEALTH BENEFITS FUND (EIN 141437195) - 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

1958

Legal Domicile

Principal Officer

MICHAEL BRADY

Phone

5183748872

Tax Period

2022-07-01 to 2023-06-30

LABORERS' LOCAL 157 HEALTH BENEFITS FUND, founded in 1958, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $4.3M left a modest 5% surplus.

Mission

HEALTH 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,519,540

Investment Income $21,780

Other Revenue $3,600

TOTAL REVENUE $4,544,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,777

Fundraising Expenses $0

Other Expenses $417,089

TOTAL EXPENSES $4,316,403

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,544,920	$5,105,855	-0.1%
Expenses	$4,316,403	$3,293,612	+0.3%
Net Income	$228,517	$1,812,243	-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

$139,170

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN MAREK	UNION TRUSTEE	1.00	Director	$0	$0	$0
IAN SHAUL	UNION TRUSTEE	1.00	Director	$0	$0	$0
LAURA REGAN	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY STANDHARDT	UNION TRUSTEE	1.00	Director	$0	$0	$0
JAMES DAWSEY	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
JOHN JENKINS JR	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL P BRADY	FUND ADMINISTRATOR	40.00	Officer	$113,425	$25,745	$139,170

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$4,544,920	$4,316,403	$15,944,009	$228,517
2022	$5,105,855	$3,293,612	$13,731,577	$1,812,243
2021	$4,720,112	$3,658,466	$15,164,627	$1,061,646
2020	$5,102,948	$3,906,614	$12,799,995	$1,196,334
2019	$5,660,731	$4,290,836	$12,536,921	$1,369,895
2018	$5,135,017	$5,529,043	$10,582,162	$-394,026

LABORERS' LOCAL 157 HEALTH BENEFITS FUND