SHEET METAL WORKERS LOCAL 46 HEALTH FUND (EIN 160760551) - 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

1950

Legal Domicile

Principal Officer

ANTHONY VALENTI JR

Phone

5854580400

Tax Period

2024-07-01 to 2025-06-30

SHEET METAL WORKERS LOCAL 46 HEALTH FUND, founded in 1950, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $8.4M left a modest 8% surplus.

Mission

PROVIDE GROUP BENEFITS FOR HOSPITALIZATION, SURGICAL, AND MEDICAL CARE; LIFE; DENTAL; ACCIDENT; AND HEALTH BENEFITS FOR 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 $8,271,323

Investment Income $669,100

Other Revenue $180,750

TOTAL REVENUE $9,121,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $312,188

Fundraising Expenses $0

Other Expenses $1,041,765

TOTAL EXPENSES $8,400,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,121,173	$8,438,877	+0.1%
Expenses	$8,400,680	$7,292,365	+0.2%
Net Income	$720,493	$1,146,512	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY VALENTI JR	TRUSTEE	1.00	Director	$0	$0	$0
KATE HILDEBRANDT	TRUSTEE	1.00	Director	$0	$0	$0
GAVIN VOGT	TRUSTEE	1.00	Director	$0	$0	$0
JOHN PATTERSON	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MCARDLE	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN PERNA	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
2025	$9,121,173	$8,400,680	$13,496,783	$720,493
2024	$8,438,877	$7,292,365	$12,732,866	$1,146,512
2023	$8,202,119	$6,618,374	$11,440,881	$1,583,745
2022	$8,170,051	$6,788,586	$9,329,106	$1,381,465
2021	$7,523,384	$7,547,865	$8,762,012	$-24,481
2020	$7,594,343	$6,156,267	$8,472,768	$1,438,076
2019	$7,376,386	$5,964,125	$6,884,528	$1,412,261
2018	$6,522,432	$5,957,814	$5,614,124	$564,618

SHEET METAL WORKERS LOCAL 46 HEALTH FUND