IBEW LOCAL 7 SUPPLEMENTAL HEALTH &… - Form 990 Financial Data

🔒

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

2007

Legal Domicile

Principal Officer

JEREMY DUNN

Phone

4137347137

Tax Period

2024-09-01 to 2025-08-31

IBEW LOCAL 7 SUPPLEMENTAL HEALTH & WELFARE FUND, founded in 2007, is a community nonprofit in the Mutual Benefit sector that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $376K, a strong 35% operating margin.

Mission

HEALTH CARE REIMBURSEMENT FUND

Program Service Accomplishments

Program 1

BENEFIT PAYMENTS MADE THROUGH HRA AS DEFINED IN IRC SECTION 213

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $808,419

Investment Income $205,157

Other Revenue $61,729

TOTAL REVENUE $1,075,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $57,307

TOTAL EXPENSES $699,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,075,305	$1,019,145	+0.1%
Expenses	$699,684	$799,537	-0.1%
Net Income	$375,621	$219,608	+0.7%

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

$169,024

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY DUNN	TRUSTEE	1.00	Director	$0	$53,186	$166,359
ERIC ASHLINE	TRUSTEE	1.00	Director	$0	$0	$2,665
ANDREW COLLINS	TRUSTEE	4.00	Director	$0	$0	$0
TOM COLLINS	TRUSTEE	1.00	Director	$0	$0	$0
PAUL GOUR	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS ROBERTS	TRUSTEE	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
2025	$1,075,305	$699,684	$5,753,775	$375,621
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