OM HEALTH & WELFARE FUND

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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

JENNIFER SCHRECKENGOST

Phone

7242952121

Tax Period

2019-01-01 to 2019-12-31

OM HEALTH & WELFARE FUND, founded in 1965, is a small nonprofit that reported $172K in total revenue in fiscal year 2019. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $267K exceeded revenue, resulting in a 56% operating deficit.

Mission

THE ORGANIZATION IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA). ESTABLISHED BY THE FULL-TIME HOURLY EMPLOYEES OF OBERG INDUSTRIES INC. FOR THE PURPOSE OF PROVIDING SUPPLEMENTARY SICK AND ACCIDENT PAY BENEFITS TO MEMBERS.

Program Service Accomplishments

Program 1

BENEFITS PAID TO MEMBERS DUE TO SICKNESS OR ACCIDENT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $167,886

Investment Income $3,648

Other Revenue $0

TOTAL REVENUE $171,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $267,040

Year-over-Year Comparison

	2019	2018	Change
Revenue	$171,534	$233,561	-0.3%
Expenses	$267,040	$203,969	+0.3%
Net Income	$-95,506	$29,592	-4.2%

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

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
ZACHARY ATWOOD	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
JOSHUA BARBER	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
KALEB BAUM	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
PAULA CLINE	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
GARY MEYERS	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
ERIC OLSON	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
DENNIS RARAIGH	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
MIKE TRILL	COMMITTEE MEMBER	0.20	Director	$0	$0	$0
JON ARTHUR	PRESIDENT	0.50	Officer Director	$0	$0	$0
ERIC YOHE	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
JENNIFER SCHRECKENGOST	TREASURER	11.00	Officer Director	$0	$0	$0
ANDREW GRAHAM	ASSISTANT TREASURER	0.50	Officer Director	$0	$0	$0
NANCY MACURDY	SECRETARY	0.50	Officer 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
2019	$171,534	$267,040	$612,909	$-95,506
2018	$233,561	$203,969	$708,415	$29,592