LABORERS LOCAL NO 130 HEALTH AND WELFARE FUND (EIN 236408433) - 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

1965

Legal Domicile

Principal Officer

PHILLIP AMERIS

Phone

8005526972

Tax Period

2024-05-01 to 2025-04-30

LABORERS LOCAL NO 130 HEALTH AND WELFARE FUND, founded in 1965, is a micro nonprofit in the Mutual Benefit sector that reported $72K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDES LIFE INSURANCE BENEFITS TO RETIRED AND ELIGIBLE SEPARATED 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,120

Investment Income $56,112

Other Revenue $185

TOTAL REVENUE $72,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,477

Other Expenses $43,757

TOTAL EXPENSES $80,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,417	$927,747	-0.9%
Expenses	$80,477	$789,107	-0.9%
Net Income	$-8,060	$138,640	-1.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOLINE SOBECK	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN VICCICA	TRUSTEE	1.00	Director	$0	$0	$0
JACOB HYDER	TRUSTEE	1.00	Director	$0	$0	$0
JON O'BRIEN	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH SONDAY	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
2025	$72,417	$80,477	$1,504,837	$-8,060
2024	$927,747	$789,107	$1,454,988	$138,640
2023	$1,559,209	$1,209,111	$1,364,381	$350,098
2022	$1,458,182	$1,452,326	$949,000	$5,856
2021	$1,465,346	$1,981,604	$1,103,885	$-516,258
2020	$1,532,347	$1,941,279	$1,466,835	$-408,932
2019	$1,900,271	$2,146,769	$1,990,903	$-246,498
2018	$2,505,660	$2,024,823	$2,166,438	$480,837

LABORERS LOCAL NO 130 HEALTH AND WELFARE FUND