BOARD OF TRUSTEES-IUPAT 53 HEALTH AND WELFARE PLAN AND TRUST (EIN 202713533) - 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

Principal Officer

DANIEL POLING

Phone

8592261700

Tax Period

2022-05-01 to 2022-12-31

BOARD OF TRUSTEES-IUPAT 53 HEALTH AND WELFARE PLAN AND TRUST, founded in 2005, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2022. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 59% operating deficit.

Mission

THE PROVISION OF HEALTH AND WELFARE 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,885,833

Investment Income $20,777

Other Revenue $1,907

TOTAL REVENUE $1,908,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,441,281

TOTAL EXPENSES $3,042,094

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,908,517	$3,385,496	-0.4%
Expenses	$3,042,094	$3,605,441	-0.2%
Net Income	$-1,133,577	$-219,945	+4.2%

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
KENNY BOWEN	TRUSTEE	N/A	Director	$0	$0	$0
JOHN GIVEN	TRUSTEE	N/A	Director	$0	$0	$0
GLENN JEFFIRES	TRUSTEE	N/A	Director	$0	$0	$0
DANIEL POLING	TRUSTEE	N/A	Director	$0	$0	$0
JERRY SCARBRO	TRUSTEE	N/A	Director	$0	$0	$0
RODNEY SKAGGS	TRUSTEE	N/A	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
2022	$3,385,496	$3,605,441	$2,091,910	$-219,945
2022	$1,908,517	$3,042,094	No data	$-1,133,577
2021	$3,086,257	$2,896,816	$2,278,965	$189,441

BOARD OF TRUSTEES-IUPAT 53 HEALTH AND WELFARE PLAN AND TRUST