NATIONAL AUTOMATIC SPRINKLER METAL TRADES WELFARE FUND

EIN: 237351551

LANDOVER, MD

Total Revenue
$6,848,886
Total Expenses
$7,058,254
Total Assets
$15,931,791
Net Assets
$15,437,047
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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
1973
Legal Domicile
MD
Principal Officer
JOHN EGER
Phone
3015771700
Tax Period
2023-01-01 to 2023-12-31

NATIONAL AUTOMATIC SPRINKLER METAL TRADES WELFARE FUND, founded in 1973, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Net assets of $15.4M represent 27 months of operating reserves.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES UNDER COLLECTIVE BARGAINED AGREEMENTS AND PARTICIPATION AGREEMENTS.

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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 $6,373,415
Investment Income $421,128
Other Revenue $54,343
TOTAL REVENUE $6,848,886

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,658
Fundraising Expenses $0
Other Expenses $331,271
TOTAL EXPENSES $7,058,254

Year-over-Year Comparison

2023 2022 Change
Revenue $6,848,886 $6,412,028 +0.1%
Expenses $7,058,254 $7,110,139 0.0%
Net Income $-209,368 $-698,111 -0.7%
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
6
Independent Members
3
Employees
10
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
9
$1,190,188
Key Employees
2
$832,776
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN DUNN FORMER TRUSTEE 1.00
Director
$0 $64,278 $171,576
FRED BARALL FORMER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT J COOPER TRUSTEE, CHAIRMAN 1.00
Director
$0 $105,660 $290,596
SHANE RAY TRUSTEE 1.00
Director
$0 $0 $0
BRIAN E FISHER FORMER TRUSTEE 1.00
Director
$0 $104,428 $270,491
LANCE GUNNELLS TRUSTEE, SECRETARY 1.00
Director
$0 $0 $0
KRIS WINGET TRUSTEE 1.00
Director
$0 $89,263 $253,703
CARL WESTBY TRUSTEE 1.00
Director
$0 $80,042 $203,822
JOSHUA SAVITZ TRUSTEE 1.00
Director
$0 $0 $0
JOHN EGER ADMINISTRATOR 1.00
Key Emp
$6,194 $162,127 $591,453
ANNA BOSMANS ASSISTANT ADMINISTRATOR 1.00
Key Emp
$2,452 $55,313 $241,323
NIA PADMORE CLAIMS MANAGER 1.00
Highest
$3,050 $50,318 $204,518
ROBERT KAUFMAN IT MANAGER 1.00
Highest
$3,349 $61,976 $290,417
LORI MIDDLETON SUPPLEMENTAL PENSION MANAG 1.00
Highest
$0 $43,644 $155,344
NEIL WHITE SENIOR PROGRAMMER/ANAYLST 3.00
Highest
$9,382 $50,068 $190,804
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 $6,848,886 $7,058,254 $15,931,791 $-209,368
2022 $6,412,028 $7,110,139 $15,735,190 $-698,111
2021 $6,112,482 $5,360,295 $18,558,792 $752,187
2020 $6,284,500 $5,020,306 $17,283,630 $1,264,194
2019 $6,275,723 $5,381,559 $14,934,831 $894,164
2018 $5,585,215 $4,283,204 $12,945,940 $1,302,011
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