ROOFERS LOCAL NO 74203 WELFARE TRUST FUND (EIN 160836163) - 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

1958

Legal Domicile

Principal Officer

LUKE BAECKER

Phone

7168280488

Tax Period

2024-07-01 to 2025-06-30

ROOFERS LOCAL NO 74203 WELFARE TRUST FUND, founded in 1958, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $6.7M exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROVIDE MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS.

🔒

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 $4,430,644

Investment Income $653,712

Other Revenue $346,543

TOTAL REVENUE $5,430,899

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,543

Fundraising Expenses $0

Other Expenses $292,901

TOTAL EXPENSES $6,691,083

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,430,899	$4,771,660	+0.1%
Expenses	$6,691,083	$4,868,460	+0.4%
Net Income	$-1,260,184	$-96,800	+12.0%

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

$119,241

Total Directors

$419,480

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL DOYLE	UNION TRUSTE	2.00	Director	$0	$59,884	$173,351
MARK CARPENTER	UNION TRUSTE	2.00	Director	$0	$54,470	$132,448
LUKE BAECKER	FUND ADMINIS	18.00	Officer	$100,964	$18,277	$119,241
PHILIP LESTER	UNION TRUSTE	2.00	Director	$0	$45,689	$109,245
SEAN BERNAS	UNION TRUSTE	2.00	Director	$3,556	$565	$4,436
BRIAN BABCOCK	EMPLOYER TRU	2.00	Director	$0	$0	$0
PATRICK BYRNE	CHAIRMAN/EMP	2.00	Director	$0	$0	$0
JEFF EMBOW	EMPLOYER TRU	2.00	Director	$0	$0	$0
WENDY SANDERS	EMPLOYER TRU	2.00	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	$5,430,899	$6,691,083	$7,077,078	$-1,260,184
2024	$4,771,660	$4,868,460	$8,289,815	$-96,800
2023	$3,884,084	$3,244,689	$7,859,964	$639,395
2022	$3,579,447	$3,882,605	$7,060,643	$-303,158
2021	$4,221,440	$4,898,319	$8,874,704	$-676,879
2020	$3,685,811	$4,258,365	$8,760,778	$-572,554
2019	$3,680,388	$3,783,715	$9,502,475	$-103,327

ROOFERS LOCAL NO 74203 WELFARE TRUST FUND