INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATORS LOCAL 75

EIN: 356076915

SOUTH BEND, IN

Total Revenue
$2,304,220
Total Expenses
$2,530,979
Total Assets
$478,454
Net Assets
$473,583
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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
1923
Legal Domicile
IN
Principal Officer
ANTON SIMS
Phone
5742821650
Tax Period
2020-01-01 to 2020-12-31

INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATORS LOCAL 75, founded in 1923, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2020. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE EDUCATION AND TRAINING FOR APPRENTICE MEMBERS OF THE ORGANIZATION AND LOCAL UNION 75.

Program Service Accomplishments

Program 1
Expenses: $2,393,793 Revenue: $2,304,220

SERVICES PROVIDED FOR MEMBERS INCLUDING PER CAPITA DUES, BENEFITS, CONFERENCES ON THE LATEST UNION NEWS, EVENTS AND LAWS AND WORK SITE EVALUATION FOR UNION WORKERS. ALSO, TO PROVIDE EDUCATION AND...

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SERVICES PROVIDED FOR MEMBERS INCLUDING PER CAPITA DUES, BENEFITS, CONFERENCES ON THE LATEST UNION NEWS, EVENTS AND LAWS AND WORK SITE EVALUATION FOR UNION WORKERS. ALSO, TO PROVIDE EDUCATION AND TRAINING FOR APPRENTICE MEMBERS OF THE ORGANIZATION AND LOCAL UNION 75.

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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 (2020)

Revenue Breakdown

Contributions & Grants $2,304,023
Program Service Revenue $0
Investment Income $197
Other Revenue $0
TOTAL REVENUE $2,304,220

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,262
Fundraising Expenses $0
Program Expenses $2,393,793
Other Expenses $389,549
TOTAL EXPENSES $2,530,979

Year-over-Year Comparison

2020 2019 Change
Revenue $2,304,220 $3,116,181 -0.3%
Expenses $2,530,979 $3,219,466 -0.2%
Net Income $-226,759 $-103,285 +1.2%
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
13
Independent Members
7
Employees
8
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
5
$145,728
Total Directors
13
$145,984
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW MILLER BUSINESS MGR 40.00
Officer Director
$72,800 $0 $72,800
ANDREW REGNIER PRESIDENT 40.00
Officer Director
$66,560 $0 $66,560
MICHAEL YARBROUGH DIRECTOR 2.00
Officer Director
$6,368 $0 $6,368
ANTON SIMS FINANCIAL SE N/A
Director
$256 $0 $256
JAMES COON TRUSTEE N/A
Director
$0 $0 $0
JORDAN CROCKEM RECORDING SE N/A
Director
$0 $0 $0
MILES DRAKE VICE PRESIDE N/A
Officer Director
$0 $0 $0
TY GRUELICH BOARD MEMBER N/A
Director
$0 $0 $0
SHAWN KUHL SGT AT ARMS N/A
Officer Director
$0 $0 $0
JEREMY LIND BOARD MEMBER N/A
Director
$0 $0 $0
JUSTIN RICHARDS BOARD MEMBER N/A
Director
$0 $0 $0
TED RODGERS BOARD MEMBER N/A
Director
$0 $0 $0
RANDY ZAWACKI BOARD MEMBER N/A
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
2020 $2,304,220 $2,530,979 $478,454 $-226,759
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