WISCONSIN LABORERS' HEALTH FUND

EIN: 237009055

DEFOREST, WI

Total Revenue
$124,212,225
Total Expenses
$134,385,474
Total Assets
$359,885,014
Net Assets
$287,405,823
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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
1967
Legal Domicile
WI
Phone
6088461742
Tax Period
2023-09-01 to 2024-08-31

WISCONSIN LABORERS' HEALTH FUND, founded in 1967, is a major nonprofit that reported $124.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $287.4M represent 28 months of operating reserves.

Mission

to provide health and other benefits to eligible participants covered under the plan

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $113,257,438
Investment Income $10,954,787
Other Revenue $0
TOTAL REVENUE $124,212,225

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $8,859,720
TOTAL EXPENSES $134,385,474

Year-over-Year Comparison

2023 2022 Change
Revenue $124,212,225 $110,034,732 +0.1%
Expenses $134,385,474 $113,677,243 +0.2%
Net Income $-10,173,249 $-3,642,511 +1.8%
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

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Governance

Voting Members
16
Independent Members
8
Employees
213
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
0
$0
Total Directors
19
$1,941,483
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY WILCOX TRUSTEE 3.00
Director
$0 $0 $0
BRIAN HORNUNG TRUSTEE 3.00
Director
$0 $0 $0
MIKE TESTOLIN TRUSTEE 3.00
Director
$0 $0 $0
TONY NEIRA TRUSTEE 3.00
Director
$0 $97,664 $265,971
CLARK JENSEN TRUSTEE 3.00
Director
$0 $74,334 $199,278
DAN CULLEN TRUSTEE 3.00
Director
$0 $0 $0
KENT MILLER TRUSTEE 3.00
Director
$0 $95,513 $286,501
KEVIN RENLEY TRUSTEE 3.00
Director
$0 $0 $0
JAMES FOYE TRUSTEE 3.00
Director
$0 $86,805 $217,092
GERALD SCHOMAKER TRUSTEE 3.00
Director
$0 $47,721 $168,788
MATTHEW MARCELLIS TRUSTEE 3.00
Director
$0 $0 $0
PHILIP THOMPSON TRUSTEE 3.00
Director
$0 $77,721 $215,319
CHARLIE SCHUETT TRUSTEE 3.00
Director
$0 $83,797 $206,515
JACOB MRUGACZ TRUSTEE 3.00
Director
$0 $0 $0
CJ SMITH TRUSTEE 3.00
Director
$0 $0 $0
ALLEN BRADFORD TRUSTEE 3.00
Director
$0 $75,383 $176,715
WILLIAM KENNEDY FORMER TRUSTEE 3.00
Director
$0 $0 $0
BARRY SCHOLZ FORMER TRUSTEE 3.00
Director
$0 $0 $0
BRIAN DEHNHOFF FORMER TRUSTEE 3.00
Director
$0 $82,681 $205,304
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 $124,212,225 $134,385,474 $359,885,014 $-10,173,249
2023 $110,034,732 $113,677,243 $333,800,666 $-3,642,511
2022 $102,264,332 $116,215,798 $321,525,063 $-13,951,466
2021 $101,359,419 $111,393,887 $353,332,580 $-10,034,468
2020 $109,681,997 $100,674,626 $331,837,511 $9,007,371
2019 $97,719,898 $99,831,337 $308,332,507 $-2,111,439
2018 $98,173,184 $92,499,053 $302,142,419 $5,674,131
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