SOUTHERN TIER BUILDING TRADES WELFARE PLAN (EIN 160810677) - 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

BRADLEY WALTERS

Phone

7166644391

Tax Period

2024-05-01 to 2025-04-30

SOUTHERN TIER BUILDING TRADES WELFARE PLAN, founded in 1956, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $20.3M represent 50 months of operating reserves.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS IN PARTICIPATING UNIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,353,442

Investment Income $1,378,572

Other Revenue $103,870

TOTAL REVENUE $4,835,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $270,861

Fundraising Expenses $0

Other Expenses $222,043

TOTAL EXPENSES $4,717,873

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,835,884	$4,177,782	+0.2%
Expenses	$4,717,873	$4,256,091	+0.1%
Net Income	$118,011	$-78,309	-2.5%

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

$101,680

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY WALTERS	TRUSTEE	0.20	Director	$0	$0	$0
EDWARD GIARDINI JR	TRUSTEE	0.20	Director	$0	$0	$0
RANDY EVANS FROM 112024	TRUSTEE	0.20	Director	$0	$0	$0
JASEN SWANSON FROM 72024	TRUSTEE	0.20	Director	$0	$0	$0
ROBERT CUMMINS	TRUSTEE	0.20	Director	$0	$0	$0
THOMAS LIPPERT	TRUSTEE	0.20	Director	$0	$0	$0
DARREN ZIEMBA FROM 22025	TRUSTEE	0.20	Director	$0	$0	$0
NICK CUMMINS	TRUSTEE	0.20	Director	$0	$0	$0
JOHN HEALY	TRUSTEE	0.20	Director	$0	$0	$0
GEORGE HARRIGAN TO 12025	TRUSTEE	0.20	Director	$0	$0	$0
STEPHEN THORPE TO 72024	TRUSTEE	0.20	Director	$0	$0	$0
RICHARD JOSLYN TO 62024	TRUSTEE	1.00	Director	$0	$0	$0
JEFF BRYLSKI TO 12025	TRUSTEE	0.20	Director	$0	$0	$0
ELLIE MUNSON	ADMINISTRATOR	40.00	Officer	$81,302	$20,378	$101,680

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	$4,835,884	$4,717,873	$20,477,250	$118,011
2024	$4,177,782	$4,256,091	$20,076,932	$-78,309
2023	$3,749,649	$4,246,698	$19,195,457	$-497,049
2022	$4,404,385	$4,172,268	$19,727,919	$232,117
2021	$3,910,480	$3,032,780	$20,962,044	$877,700
2020	$4,687,104	$3,523,815	$17,642,004	$1,163,289
2019	$4,552,009	$4,178,020	$16,768,595	$373,989
2018	$4,778,844	$3,404,490	$16,053,695	$1,374,354

SOUTHERN TIER BUILDING TRADES WELFARE PLAN