CENTRAL MIDWEST REGIONAL COUNCIL OF CARPENTERS SUPPLEMENTAL UNEMPLOYMENT BE (EIN 341237479) - 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

1976

Legal Domicile

Phone

3302700453

Tax Period

2024-05-01 to 2025-04-30

CENTRAL MIDWEST REGIONAL COUNCIL OF CARPENTERS SUPPLEMENTAL UNEMPLOYMENT BE, founded in 1976, is a small nonprofit that reported $203K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 47% operating margin.

Mission

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR MEMBERS ELIGIBLE UNDER THE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $125,316

Investment Income $77,786

Other Revenue $0

TOTAL REVENUE $203,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $66,826

TOTAL EXPENSES $107,849

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,102	$152,441	+0.3%
Expenses	$107,849	$94,055	+0.1%
Net Income	$95,253	$58,386	+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

Governance

Voting Members

Independent Members

Employees

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
JOSEPH DESALVO	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN REILLY	TRUSTEE	1.00	Director	$0	$0	$0
JUSTIN RANCE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN SOFRANKO	TRUSTEE	1.00	Director	$0	$0	$0
DAN SIEMBIDA	TRUSTEE	1.00	Director	$0	$0	$0
RYAN MCBRIDE	TRUSTEE	1.00	Director	$0	$0	$0
ANTONIO DITOMMASO	TRUSTEE	1.00	Director	$0	$0	$0
MARK KASULA	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	$203,102	$107,849	$1,085,200	$95,253
2024	$152,441	$94,055	$986,937	$58,386
2023	$235,381	$99,109	$880,143	$136,272
2022	$268,249	$90,059	$775,521	$178,190
2021	$158,942	$155,898	$677,265	$3,044
2020	$156,016	$112,256	$603,018	$43,760
2019	$177,509	$149,073	$571,307	$28,436

CENTRAL MIDWEST REGIONAL COUNCIL OF CARPENTERS SUPPLEMENTAL UNEMPLOYMENT BE