ELECTRICAL WORKERS LOCAL NO 86 INSURANCE FUND (EIN 160778220) - 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

1953

Legal Domicile

Principal Officer

RAYMOND RYERSE PETER STO

Phone

5852351515

Tax Period

2023-11-01 to 2024-10-31

ELECTRICAL WORKERS LOCAL NO 86 INSURANCE FUND, founded in 1953, is a mid-sized nonprofit that reported $21.7M in total revenue in fiscal year 2023. Expenses of $19.4M left a modest 11% surplus.

Mission

PROVIDE HEALTH & INSURANCE BENEFITS TO MEMBERS OF LOCAL NO. 86.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $20,243,642

Investment Income $1,474,222

Other Revenue $304

TOTAL REVENUE $21,718,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $184,385

Fundraising Expenses $0

Other Expenses $1,358,916

TOTAL EXPENSES $19,429,537

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,718,168	$20,442,407	+0.1%
Expenses	$19,429,537	$18,798,449	+0.0%
Net Income	$2,288,631	$1,643,958	+0.4%

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

$175,370

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER STOLLER	TRUSTEE	1.00	Director	$0	$0	$0
JONATHON HAND	TRUSTEE	1.00	Director	$0	$0	$0
RAYMOND RYERSE	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY LONGBINE	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL CONOVER	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL J STREICHER	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL P CECERE	FUND OFFICE MANAGER UNTIL 8/2024	40.00	Officer	$96,278	$79,092	$175,370
MICHELLE CATALFAMO	FUND OFFICE MANAGER AS OF 8/2024	40.00	Officer	$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
2024	$21,718,168	$19,429,537	$32,211,615	$2,288,631
2023	$20,442,407	$18,798,449	$27,931,539	$1,643,958
2022	$19,366,505	$16,324,311	$25,547,698	$3,042,194
2021	$18,525,409	$16,817,478	$26,301,983	$1,707,931
2020	$18,733,780	$13,835,532	$23,150,188	$4,898,248
2019	$18,022,061	$15,825,171	$18,001,860	$2,196,890
2018	$16,842,013	$16,521,746	$14,948,292	$320,267

ELECTRICAL WORKERS LOCAL NO 86 INSURANCE FUND