THE LODGE 28 HEALTH AND WELFARE ASSOC C/O ALEX HALSTEAD (EIN 222846567) - 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

1987

Legal Domicile

Principal Officer

DAVE HERBST

Phone

6102477770

Tax Period

2024-01-01 to 2024-12-31

THE LODGE 28 HEALTH AND WELFARE ASSOC C/O ALEX HALSTEAD, founded in 1987, is a small nonprofit that reported $245K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 34% operating margin.

Mission

VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA)

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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 $149,533

Investment Income $95,873

Other Revenue $0

TOTAL REVENUE $245,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,801

Fundraising Expenses $0

Other Expenses $36,353

TOTAL EXPENSES $162,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$245,406	$169,532	+0.4%
Expenses	$162,396	$149,427	+0.1%
Net Income	$83,010	$20,105	+3.1%

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

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

$4,344

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE HERBST	PRESIDENT	1.00	Director	$2,172	$0	$2,172
ALEX HALSTEAD	TREASURER	1.00	Director	$2,172	$0	$2,172
MIKE ALUISE	TRUSTEE	1.00	Director	$0	$0	$0
DAMIEN EVANS	TRUSTEE	1.00	Director	$0	$0	$0
GAVIN GOSHINSKI	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	$245,406	$162,396	$1,890,210	$83,010
2023	$169,532	$149,427	$1,781,152	$20,105
2022	$152,286	$144,873	$1,663,587	$7,413
2021	$183,225	$146,361	$1,855,582	$36,864
2020	$164,536	$140,789	$1,667,773	$23,747
2019	$196,270	$132,309	$1,630,373	$63,961
2018	$186,808	$135,767	$1,461,664	$51,041

THE LODGE 28 HEALTH AND WELFARE ASSOC C/O ALEX HALSTEAD