LABORERS' INT'L UNION OF NORTH AMERICA LOCAL 35 HEALTH CARE FUND (EIN 156019139) - 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

1956

Legal Domicile

Principal Officer

CARMEN NICOTERA JR

Phone

8004468646

Tax Period

2019-01-01 to 2019-12-31

LABORERS' INT'L UNION OF NORTH AMERICA LOCAL 35 HEALTH CARE FUND, founded in 1956, is a micro nonprofit that reported $5K in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HEALTH, MEDICAL, DENTAL, DISABILITY AND VISION BENEFITS TO MEMBERS OF LOCAL UNION 35.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-5,272

Other Revenue $25

TOTAL REVENUE $-5,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $549,268

TOTAL EXPENSES $793,728

Year-over-Year Comparison

	2019	2018	Change
Revenue	$-5,247	$1,064,846	-1.0%
Expenses	$793,728	$5,067,451	-0.8%
Net Income	$-798,975	$-4,002,605	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARMEN NICOTERA JR	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT RITTER	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS CHRISTMAN	TRUSTEE	1.00	Director	$0	$0	$0
JAMES R HOGEL	TRUSTEE	1.00	Director	$0	$0	$0
ROB KORRIE	TRUSTEE	1.00	Director	$0	$0	$0
MARK MILLER	TRUSTEE	1.00	Director	$0	$0	$0
TODD HELFRICH	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
2019	$-5,247	$793,728	No data	$-798,975
2018	$1,064,846	$5,067,451	$817,936	$-4,002,605

LABORERS' INT'L UNION OF NORTH AMERICA LOCAL 35 HEALTH CARE FUND