BUFFALO, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SHEET METAL WORKERS LOCAL NO 71 INDUSTRY WELFARE TRUST FUND, founded in 1962, is a community nonprofit in the Employment sector that reported $6.4M in total revenue in fiscal year 2023.
TO PROVIDE MEDICAL AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS OF THE FUND
THE FUND PROVIDED HEALTH INSURANCE, DENTAL INSURANCE, LIFE INSURANCE, PRESCRIPTION DRUG BENEFITS, DISABILITY, HEALTH EXPENSE REIMBURSEMENTS AND SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE...
THE FUND PROVIDED HEALTH INSURANCE, DENTAL INSURANCE, LIFE INSURANCE, PRESCRIPTION DRUG BENEFITS, DISABILITY, HEALTH EXPENSE REIMBURSEMENTS AND SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS OF THE FUND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,391,836 | $5,953,886 | +0.1% |
| Expenses | $6,226,082 | $5,621,609 | +0.1% |
| Net Income | $165,754 | $332,277 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANDREW NOWAK | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| DAVID NIEMAN | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY MEYER | TRUSTEE | 3.00 |
Director
|
$5,247 | $0 | $5,247 |
| TIMOTHY BENES | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| PAUL CRIST | TRUSTEE THRU 12/1/23 | 3.00 |
Director
|
$0 | $0 | $0 |
| JACK DAFGARD | TRUSTEE | 3.00 |
Director
|
$2,651 | $0 | $2,651 |
| JOHN EMBOW | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| RICHARD DELOTTO | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| MIKE NELSON | TRUSTEE BEG. 12/1/23 | 3.00 |
Director
|
$0 | $0 | $0 |
| CHARLES HAKE | FUNDS ADMINISTRATOR | 24.00 |
Officer
|
$115,529 | $19,185 | $134,714 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,391,836 | $6,226,082 | $7,758,491 | $165,754 |
| 2022 | $5,953,886 | $5,621,609 | $7,400,880 | $332,277 |
| 2021 | $5,528,607 | $5,053,642 | $7,587,498 | $474,965 |
| 2020 | $5,032,721 | $4,107,429 | $7,098,566 | $925,292 |
| 2019 | $4,275,804 | $5,131,444 | $5,906,205 | $-855,640 |
| 2018 | $4,189,083 | $4,342,672 | $6,459,884 | $-153,589 |
Compare SHEET METAL WORKERS LOCAL NO 71 INDUSTRY WELFARE TRUST FUND with other nonprofits in New York and across the country.