INTERNATIONAL BROTHERHOOD OF ELECT NO 743 HEALTH & WELFARE (EIN 236299525) - 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

1962

Legal Domicile

Principal Officer

MARK PINKASAVAGE

Phone

6107773150

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECT NO 743 HEALTH & WELFARE, founded in 1962, is a mid-sized nonprofit that reported $10.2M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTH INSURANCE AND RELATED BENEFITS FOR UNION MEMBERS.

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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 $9,902,595

Investment Income $274,013

Other Revenue $0

TOTAL REVENUE $10,176,608

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,351

Fundraising Expenses $0

Program Expenses $10,121,661

Other Expenses $1,259,522

TOTAL EXPENSES $10,121,661

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,176,608	$10,574,771	0.0%
Expenses	$10,121,661	$10,837,971	-0.1%
Net Income	$54,947	$-263,200	-1.2%

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
SCOTT GROH	TRUSTEE	5.00	Director	$0	$0	$0
ROBERT TRIPLETT	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL CASTNER	TRUSTEE	5.00	Director	$0	$0	$0
BARRY SPAYD	TRUSTEE	5.00	Director	$0	$0	$0
MARK PINKASAVAGE	TRUSTEE	5.00	Director	$0	$0	$0
WILLIAM TROUTMAN	TRUSTEE	5.00	Director	$0	$0	$0
TOD HIRNEISEN	TRUSTEE	5.00	Director	$0	$0	$0
JASON FOSTER	TRUSTEE	5.00	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	$10,176,608	$10,121,661	$13,343,459	$54,947
2022	$10,574,771	$10,837,971	$12,280,026	$-263,200
2021	$11,802,055	$9,980,712	$13,723,869	$1,821,343
2020	$9,420,839	$8,090,791	$11,875,694	$1,330,048
2019	$8,900,968	$7,551,477	$9,778,836	$1,349,491
2018	$9,360,087	$5,654,806	$7,902,858	$3,705,281

INTERNATIONAL BROTHERHOOD OF ELECT NO 743 HEALTH & WELFARE