ILWU LOCAL 142 HEALTH AND WELFARE TRUST C/O PACIFIC ADMINISTRATORS INC (EIN 202076868) - 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

2005

Legal Domicile

Principal Officer

CHRISTIAN WEST-UNION TRUS

Phone

8084418600

Tax Period

2024-01-01 to 2024-12-31

ILWU LOCAL 142 HEALTH AND WELFARE TRUST C/O PACIFIC ADMINISTRATORS INC, founded in 2005, is a mid-sized nonprofit in the Mutual Benefit sector that reported $57.0M in total revenue in fiscal year 2024. Expenses of $51.3M left a modest 10% surplus.

Mission

TO PROVIDE HEALTH & WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE W/PLAN DOCUMENTS.

🔒

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 $54,609,870

Investment Income $2,418,493

Other Revenue $7,928

TOTAL REVENUE $57,036,291

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,490,340

Other Expenses $2,107,254

TOTAL EXPENSES $51,304,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$57,036,291	$54,737,421	+0.0%
Expenses	$51,304,463	$47,121,945	+0.1%
Net Income	$5,731,828	$7,615,476	-0.2%

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

N/A

Employees

N/A

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
ELMER GOROSPE	UNION TRUSTEE	1.00	Director	$0	$0	$0
CARLA THOMAS	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
ROBERTO ANDRION JR	UNION TRUSTEE	1.00	Director	$0	$0	$0
ERIC LOTTERMOSER	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
EVANGELINE SOBREPENA	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
CHRISTIAN WEST	UNION TRUSTEE	1.00	Director	$0	$0	$0
JEAN EWING	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
TRISTIE LICOAN	ALTERNATE UNION TRUSTEE	1.00	Director	$0	$0	$0
JACKIE YULO	ALTERNATE EMPLOYER TRUSTEE	1.00	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
2024	$57,036,291	$51,304,463	$71,949,303	$5,731,828
2023	$54,737,421	$47,121,945	$63,277,695	$7,615,476
2022	$52,977,525	$43,194,038	$53,414,024	$9,783,487
2022	$52,977,525	$43,194,038	$53,414,024	$9,783,487
2021	$43,756,625	$41,740,003	$45,783,009	$2,016,622
2020	$29,428,371	$41,744,415	$44,669,812	$-12,316,044
2019	$53,573,817	$44,527,971	$56,152,463	$9,045,846
2018	$53,304,403	$48,126,109	$45,977,449	$5,178,294

ILWU LOCAL 142 HEALTH AND WELFARE TRUST C/O PACIFIC ADMINISTRATORS INC