PAINTERS DISTRICT COUNCIL NO 4 HEALTH AND WELFARE TRUST FUND (EIN 166070541) - 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

1990

Legal Domicile

Principal Officer

MICHAEL HOGAN

Phone

7165650234

Tax Period

2024-06-01 to 2025-05-31

PAINTERS DISTRICT COUNCIL NO 4 HEALTH AND WELFARE TRUST FUND, founded in 1990, is a mid-sized nonprofit that reported $17.4M in total revenue in fiscal year 2024. Expenses of $15.0M left a modest 14% surplus.

Mission

THE ORGANIZATION PROVIDES SUPPLEMENTAL UNEMPLOYMENT, HEALTH, GROUP LIFE, DISABILITY, DEPENDENT CARE, EDUCATIONAL, HOLIDAY, VACATION, OPTICAL AND WORKERS' COMPENSATION BENEFITS TO PARTICIPANTS WHOSE EMPLOYERS CONTRIBUTE TO THE FUND.

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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 $15,062,246

Investment Income $839,544

Other Revenue $1,474,965

TOTAL REVENUE $17,376,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $407,758

Fundraising Expenses $0

Other Expenses $597,858

TOTAL EXPENSES $15,006,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,376,755	$16,884,889	+0.0%
Expenses	$15,006,049	$15,494,220	0.0%
Net Income	$2,370,706	$1,390,669	+0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HOGAN	TRUSTEE	2.00	Director	$0	$0	$0
DANIEL LAFRANCE	TRUSTEE	2.00	Director	$0	$0	$0
DAVID CHAFFEE	TRUSTEE	2.00	Director	$0	$0	$0
DOMINIC ZIRILLI	TRUSTEE	2.00	Director	$0	$0	$0
BRIAN LIPCZYNSKI	TRUSTEE	2.00	Director	$0	$0	$0
DANIEL JACKSON	TRUSTEE (ALTERNATE)	2.00	Director	$0	$0	$0
TOM MARCHIOLE	TRUSTEE	2.00	Director	$0	$0	$0
JOHN LIGNOS	TRUSTEE	2.00	Director	$0	$0	$0
ALLEN RICHARDS	TRUSTEE	2.00	Director	$0	$0	$0
JIM STATHOPOULOUS	TRUSTEE	2.00	Director	$0	$0	$0
CHRISTINE INLUXAY	TRUSTEE (ALTERNATE)	2.00	Director	$0	$0	$0
EARL HALL	TRUSTEE	2.00	Director	$0	$0	$0
SUSAN BERNAT	ACCOUNTING MANAGER	40.00	Highest	$122,348	$0	$122,348

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	$17,376,755	$15,006,049	$40,605,747	$2,370,706
2024	$16,884,889	$15,494,220	$36,538,402	$1,390,669
2023	$17,072,135	$16,184,172	$33,042,365	$887,963
2022	$15,066,465	$14,130,694	$33,742,384	$935,771
2021	$16,314,247	$14,055,312	$33,319,259	$2,258,935
2020	$15,106,206	$12,975,868	$27,198,324	$2,130,338
2019	$15,809,895	$14,769,347	$24,137,494	$1,040,548
2018	$17,040,782	$15,012,283	$22,843,560	$2,028,499

PAINTERS DISTRICT COUNCIL NO 4 HEALTH AND WELFARE TRUST FUND