PLASTERERS' & CEMENT MASONS' LOCAL 148 HEALTH & WELFARE FUND (EIN 237039754) - 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

1964

Legal Domicile

Principal Officer

Oscar Coleman

Phone

6158590131

Tax Period

2023-07-01 to 2024-06-30

PLASTERERS' & CEMENT MASONS' LOCAL 148 HEALTH & WELFARE FUND, founded in 1964, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 74% operating margin.

Mission

To provide health insurance benefits to elegible participants.

🔒

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 $1,377,358

Investment Income $171,285

Other Revenue $0

TOTAL REVENUE $1,548,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $407,769

Other Expenses $172,338

TOTAL EXPENSES $407,769

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,548,643	$1,246,678	+0.2%
Expenses	$407,769	$471,972	-0.1%
Net Income	$1,140,874	$774,706	+0.5%

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

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
Chris Womack	Trustee	002.00	Director	$0	$0	$0
Brett Hawley	Trustee	002.00	Director	$0	$0	$0
Oscar Coleman III	Secretary	002.00	Officer	$0	$0	$0
James M Wilkerson	Chairman	002.00	Officer	$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	No data	No data	No data	No data
2024	$1,548,643	$407,769	$6,671,380	$1,140,874
2023	$1,246,678	$471,972	$5,228,167	$774,706
2022	$1,108,302	$822,039	$4,360,693	$286,263
2021	$1,367,156	$1,043,795	$4,186,053	$323,361
2020	$1,529,597	$531,068	$3,862,375	$998,529
2019	$1,122,338	$764,334	$2,864,024	$358,004

PLASTERERS' & CEMENT MASONS' LOCAL 148 HEALTH & WELFARE FUND