PLUMBERS & PIPEFITTERS LOCAL 94 HEALTH & WELFARE PLAN (EIN 346594978) - Form 990 Financial Analysis & Trantor Score

🔒

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

1966

Legal Domicile

Phone

8005898041

Tax Period

2024-05-01 to 2025-04-30

PLUMBERS & PIPEFITTERS LOCAL 94 HEALTH & WELFARE PLAN, founded in 1966, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HEALTH BENEFITS TO ITS MEMBERS AND THEIR FAMILIES.

🔒

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 $8,669,490

Investment Income $201,638

Other Revenue $39,475

TOTAL REVENUE $8,910,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,101

Fundraising Expenses $0

Other Expenses $797,201

TOTAL EXPENSES $8,687,383

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,910,603	$8,041,754	+0.1%
Expenses	$8,687,383	$7,294,409	+0.2%
Net Income	$223,220	$747,345	-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

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

$652

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT MCELFRESH	TRUSTEE	1.00	Director	$0	$0	$0
DAVE POOLE	TRUSTEE	1.00	Director	$652	$0	$652
ERIC SEIFERT	TRUSTEE	1.00	Director	$0	$0	$0
TODD PEEL	TRUSTEE	1.00	Director	$0	$0	$0
TODD MCKEEVER	TRUSTEE	1.00	Director	$0	$0	$0
BEN GRIFFITH	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	$8,910,603	$8,687,383	$16,083,221	$223,220
2024	$8,041,754	$7,294,409	$15,035,919	$747,345
2023	$6,862,686	$6,992,035	$13,889,152	$-129,349
2022	$6,717,924	$7,184,936	$13,575,441	$-467,012
2021	$6,115,623	$6,027,074	$14,572,302	$88,549
2020	$6,535,671	$7,007,401	$12,908,460	$-471,730
2019	$6,821,438	$6,688,511	$13,118,998	$132,927
2018	$5,896,304	$5,676,907	$13,248,583	$219,397

PLUMBERS & PIPEFITTERS LOCAL 94 HEALTH & WELFARE PLAN