CEMENT MASONS UNION LOCAL NO 592 WELFARE PLAN (EIN 231578380) - 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

1960

Legal Domicile

Principal Officer

DENNIS FIFE

Phone

2154680237

Tax Period

2024-05-01 to 2025-04-30

CEMENT MASONS UNION LOCAL NO 592 WELFARE PLAN, founded in 1960, is a mid-sized nonprofit that reported $12.4M in total revenue in fiscal year 2024. Expenses of $11.7M left a modest 6% surplus.

Mission

THE PURPOSE OF CEMENT MASONS UNION LOCAL 592 HEALTH AND WELFARE FUND IS TO PROVIDE FOR THE PAYMENT OF LIFE, SICK, ACCIDENT, OR OTHER BENEFITS TO ITS MEMBERS OR THEIR DEPENDENTS OR DESIGNATED BENEFICIARIES.

🔒

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 $11,247,414

Investment Income $1,179,162

Other Revenue $0

TOTAL REVENUE $12,426,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $271,621

Fundraising Expenses $0

Other Expenses $834,014

TOTAL EXPENSES $11,743,034

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,426,576	$12,942,019	0.0%
Expenses	$11,743,034	$10,255,770	+0.1%
Net Income	$683,542	$2,686,249	-0.7%

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

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

$841,724

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK WILDSMITH	UNION TRUSTEE CO-CHAIRMAN	2.00	Director	$0	$102,002	$287,745
MIKE SABATINI	UNION TRUSTEE	2.00	Director	$0	$100,000	$275,297
DENNIS FIFE	UNION TRUSTEE	2.00	Director	$0	$98,471	$266,001
ED LUTZ III	UNION TRUSTEE	2.00	Director	$0	$0	$12,681
FRANCIS A PIETRINI	EMPLOYER CO-CHAIRMAN	2.00	Director	$0	$0	$0
BEN CONNORS	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
SEAN HEALY	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
TOM O'NEIL	EMPLOYER TRUSTEE (P)	2.00	Director	$0	$0	$0
BRAD PIENTA	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
JOE MOSKAUSKI	ADMINISTRATOR	10.00	Highest	$34,779	$101,532	$267,289

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	$12,426,576	$11,743,034	$35,257,017	$683,542
2024	$12,942,019	$10,255,770	$33,670,504	$2,686,249
2023	$12,607,217	$9,463,971	$30,969,382	$3,143,246
2022	$12,285,764	$9,856,978	$28,352,479	$2,428,786
2021	$12,374,294	$9,240,442	$26,961,391	$3,133,852
2020	$12,231,905	$9,397,910	$23,158,331	$2,833,995
2019	$12,154,178	$8,930,728	$20,305,200	$3,223,450
2018	$11,126,492	$8,934,076	$16,964,429	$2,192,416

CEMENT MASONS UNION LOCAL NO 592 WELFARE PLAN