OPERATIVE PLASTERERS &CEMENT MASONS 29 BENEFIT FD (EIN 221507478) - 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

1952

Legal Domicile

Principal Officer

MARC L GALLO

Tax Period

2023-01-01 to 2023-12-31

OPERATIVE PLASTERERS &CEMENT MASONS 29 BENEFIT FD, founded in 1952, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $1.2M left a modest 6% surplus.

Mission

WELFARE BENEFIT PLAN

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,191,156

Investment Income $39,047

Other Revenue $33,818

TOTAL REVENUE $1,264,021

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,578

Fundraising Expenses $0

Program Expenses $1,193,512

Other Expenses $375,611

TOTAL EXPENSES $1,193,512

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,264,021	$1,575,747	-0.2%
Expenses	$1,193,512	$1,792,541	-0.3%
Net Income	$70,509	$-216,794	-1.3%

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

$250,134

Total Directors

$269,364

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC L GALLO	ADMINISTRATOR	14.00	Officer	$35,903	$82,593	$250,134
CHARLES ROLON Jr	TRUSTEE	5.00	Director	$29,919	$74,887	$227,469
VINCENT FRANTANTONI	TRUSTEE	1.00	Director	$0	$10,846	$41,895
TIMOTHY MULLIN	TRUSTEE	1.00	Director	$0	$0	$0
PETER NATALE	TRUSTEE	1.00	Director	$0	$0	$0
PETER GARGIULO	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS GREGER	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	No data	No data	No data	No data
2023	$1,264,021	$1,193,512	$3,351,790	$70,509
2022	$1,575,747	$1,792,541	$3,264,789	$-216,794
2021	$1,396,513	$1,899,196	$3,517,524	$-502,683
2020	$2,084,891	$1,708,333	$4,196,538	$376,558

OPERATIVE PLASTERERS &CEMENT MASONS 29 BENEFIT FD