IBEW LOCAL 7 SUPPLEMENTAL HEALTH & WELFARE FUND (EIN 261227271) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

JEREMY DUNN

Phone

4137347137

Tax Period

2022-09-01 to 2023-08-31

IBEW LOCAL 7 SUPPLEMENTAL HEALTH & WELFARE FUND, founded in 2007, is a small nonprofit in the Mutual Benefit sector that reported $873K in total revenue in fiscal year 2022. The organization ran a surplus of $266K, a strong 30% operating margin.

Mission

HEALTH CARE REIMBURSEMENT FUND

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $794,274

Investment Income $78,876

Other Revenue $0

TOTAL REVENUE $873,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $62,034

TOTAL EXPENSES $607,490

Year-over-Year Comparison

	2022	2021	Change
Revenue	$873,150	$850,633	+0.0%
Expenses	$607,490	$622,478	0.0%
Net Income	$265,660	$228,155	+0.2%

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

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
ANDREW COLLINS	TRUSTEE	4.00	Director	$0	$0	$0
STEVE SGROI	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS ROBERTS	TRUSTEE	1.00	Director	$0	$0	$0
PAUL GOUR	TRUSTEE	1.00	Director	$0	$0	$0
ERIC ASHLINE	TRUSTEE	1.00	Director	$0	$0	$0
JEREMY DUNN	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN O'DONNELL	TRUSTEE (P)	1.00	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
2024	No data	No data	No data	No data
2023	$873,150	$607,490	$5,158,546	$265,660
2022	$850,633	$622,478	$4,892,886	$228,155
2021	$774,513	$598,295	$4,664,731	$176,218
2020	$858,277	$663,869	$4,488,513	$194,408
2019	$703,666	$502,826	$4,294,105	$200,840
2018	$1,213,470	$345,331	$4,093,265	$868,139

IBEW LOCAL 7 SUPPLEMENTAL HEALTH & WELFARE FUND