Mid Central Operating Engineers Health & Welfare Fund (EIN 350917610) - 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

1954

Legal Domicile

Phone

8122324384

Tax Period

2024-08-01 to 2025-07-31

Mid Central Operating Engineers Health & Welfare Fund, founded in 1954, is a major nonprofit that reported $153.4M in total revenue in fiscal year 2024. The organization ran a surplus of $26.0M, a strong 17% operating margin.

Mission

To provide health and welfare benefits to members.

🔒

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 $144,686,140

Investment Income $8,755,834

Other Revenue $0

TOTAL REVENUE $153,441,974

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,684,678

Fundraising Expenses $0

Program Expenses $127,450,585

Other Expenses $15,655,801

TOTAL EXPENSES $127,465,023

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,441,974	$143,296,418	+0.1%
Expenses	$127,465,023	$119,490,420	+0.1%
Net Income	$25,976,951	$23,805,998	+0.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Rood	Trustee	2.00	Director	$0	$0	$0
Jay Elders	Chairman	2.00	Officer Director	$0	$0	$0
Steve Scott	Vice Chairman	2.00	Officer Director	$0	$0	$0
Darren Smith	Trustee	2.00	Director	$0	$0	$0
Steve Crider	Trustee	2.00	Director	$0	$0	$0
James Bruner	Asst. Sec/Treas	2.00	Officer Director	$0	$0	$0
Holly Adams	Sec/Treas	2.00	Officer Director	$0	$0	$0
Brian Gilham	Trustee	2.00	Director	$0	$0	$0
Cheryl Cottrell	Executive Admin	40.00	Highest	$129,845	$54,964	$184,809

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	$153,441,974	$127,465,023	$252,058,582	$25,976,951
2024	$143,296,418	$119,490,420	$219,343,729	$23,805,998
2023	$133,276,177	$111,031,505	$188,569,151	$22,244,672
2022	$120,915,120	$111,025,932	$164,227,966	$9,889,188
2021	$108,226,847	$102,082,883	$157,470,959	$6,143,964
2020	$105,447,240	$88,514,933	$144,187,273	$16,932,307
2019	$91,244,859	$82,711,103	$124,726,988	$8,533,756
2018	$84,482,304	$79,476,649	$113,005,510	$5,005,655

Mid Central Operating Engineers Health & Welfare Fund