Operating Engineers Lo 835 Welfare Fund (EIN 232079619) - 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

1977

Legal Domicile

Principal Officer

Paul Scheb Jr

Phone

2156577400

Tax Period

2024-01-01 to 2024-12-31

Operating Engineers Lo 835 Welfare Fund, founded in 1977, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $7.5M left a modest 13% surplus.

Mission

Health and welfare fund

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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 $7,885,711

Investment Income $759,080

Other Revenue $0

TOTAL REVENUE $8,644,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $91,823

TOTAL EXPENSES $7,509,482

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,644,791	$7,876,903	+0.1%
Expenses	$7,509,482	$5,619,875	+0.3%
Net Income	$1,135,309	$2,257,028	-0.5%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Scheb III	Trustee	2.00	Director	$0	$0	$0
Jeffrey Rowland	Trustee	2.00	Director	$0	$0	$0
Marge McCann	Trustee	2.00	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	$8,644,791	$7,509,482	$10,911,678	$1,135,309
2022	$6,956,497	$5,062,402	$7,020,223	$1,894,095
2020	$7,131,478	$5,551,374	$4,195,417	$1,580,104
2019	$6,841,271	$6,258,769	$2,588,179	$582,502

Operating Engineers Lo 835 Welfare Fund