Cleveland Bakers and Teamsters Health and Welfare Fund

EIN: 340753693

Valley View, OH

Total Revenue
$82,614,251
Total Expenses
$70,805,231
Total Assets
$111,477,545
Net Assets
$105,139,664
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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
1952
Legal Domicile
OH
Principal Officer
Carl Pecoraro
Phone
2167816858
Tax Period
2023-01-01 to 2023-12-31

Cleveland Bakers and Teamsters Health and Welfare Fund, founded in 1952, is a mid-sized nonprofit that reported $82.6M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $70.8M left a modest 14% surplus.

Mission

To perform functions associated with administering a multi-employer health & welfare plan.

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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 $80,251,467
Investment Income $2,362,784
Other Revenue $0
TOTAL REVENUE $82,614,251

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,349,332
Fundraising Expenses $0
Other Expenses $1,380,164
TOTAL EXPENSES $70,805,231

Year-over-Year Comparison

2023 2022 Change
Revenue $82,614,251 $72,549,949 +0.1%
Expenses $70,805,231 $65,040,324 +0.1%
Net Income $11,809,020 $7,509,625 +0.6%
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
17
Independent Members
17
Employees
13
Volunteers
18

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
21
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carl Pecoraro Chairman 5.00
Director
$0 $0 $0
Edward Thomas Co-Chairman 2.00
Director
$0 $0 $0
Mark Sponseller Secretary 1.00
Director
$0 $0 $0
Ed Weintraub Secretary (until 11/23) 1.00
Director
$0 $0 $0
Dan Chavez Trustee 1.00
Director
$0 $0 $0
Holly Dibin Trustee 1.00
Director
$0 $0 $0
Dan Gentile Trustee 1.00
Director
$0 $0 $0
Thomas Heinen Trustee 1.00
Director
$0 $0 $0
Ray Huber Trustee (until 06/23) 1.00
Director
$0 $0 $0
Paul LaBuda Trustee 1.00
Director
$0 $0 $0
Stan LaBuda Trustee 1.00
Director
$0 $0 $0
Phil Lukic Trustee 1.00
Director
$0 $0 $0
Brian Pyclik Trustee (until 06/23) 1.00
Director
$0 $0 $0
Jill Sinkhorn Trustee 1.00
Director
$0 $0 $0
Michael Stanek Trustee 1.00
Director
$0 $0 $0
Jim Franklin Alternate Trustee 1.00
Director
$0 $0 $0
Victor Pena Alternate Trustee 1.00
Director
$0 $0 $0
Eric Polischak Alternate Trustee 1.00
Director
$0 $0 $0
Cory Renn Alternate Trustee (until 08/23) 1.00
Director
$0 $0 $0
Tony Slee Alternate Trustee 1.00
Director
$0 $0 $0
Tito Wilson Alternate Trustee 1.00
Director
$0 $0 $0
Abby Pecoraro Health and Welfare Manager 40.00
Highest
$119,848 $40,515 $160,363
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 $82,614,251 $70,805,231 $111,477,545 $11,809,020
2022 $72,549,949 $65,040,324 $93,528,628 $7,509,625
2021 $61,981,646 $60,725,981 $91,809,793 $1,255,665
2020 $64,769,026 $65,547,560 $86,130,651 $-778,534
2019 $61,282,008 $65,187,643 $80,454,650 $-3,905,635
2018 $65,136,624 $66,572,140 $76,133,768 $-1,435,516
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