INTERNATIONAL BROTHERHOOD OF LOCAL UNION NO 143 HEALTH AND WELFARE FUND (EIN 236486131) - 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

1967

Legal Domicile

Principal Officer

GARY YINGER

Phone

7176718551

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF LOCAL UNION NO 143 HEALTH AND WELFARE FUND, founded in 1967, is a mid-sized nonprofit that reported $10.9M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $10.4M left a modest 4% surplus.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO MEMBERS OF IBEW LOCAL 143.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,540,934

Investment Income $327,391

Other Revenue $5

TOTAL REVENUE $10,868,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,801

Fundraising Expenses $0

Other Expenses $3,315,150

TOTAL EXPENSES $10,390,659

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,868,330	$8,521,346	+0.3%
Expenses	$10,390,659	$8,259,587	+0.3%
Net Income	$477,671	$261,759	+0.8%

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

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

$195,486

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRBY ARTZ	UNION TRUSTEE/CHAIRMAN	5.00	Director	$0	$0	$97,103
ROBERT BAIR	UNION TRUSTEE	5.00	Director	$0	$0	$0
SAMUEL BASHORE	MANAGEMENT TRUSTEE	5.00	Director	$0	$0	$0
KIRK SPONAUGLE	MANAGEMENT TRUSTEE	5.00	Director	$0	$0	$0
KENNETH MACDOUGALL	MANAGEMENT TRUSTEE	5.00	Director	$0	$0	$0
GARY YINGER	UNION TRUSTEE	5.00	Director	$0	$0	$98,383

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	$10,868,330	$10,390,659	$16,112,037	$477,671
2022	$8,521,346	$8,259,587	$14,493,793	$261,759
2021	$9,049,536	$8,132,997	$16,444,236	$916,539
2020	$10,981,005	$7,548,194	$15,317,373	$3,432,811
2019	$10,033,229	$9,064,495	$12,165,235	$968,734
2018	$8,805,893	$8,713,118	$9,920,070	$92,775

INTERNATIONAL BROTHERHOOD OF LOCAL UNION NO 143 HEALTH AND WELFARE FUND