INTL UNION OF PAINTERS & ALLIED TRADES 47 HEALTH & WELFARE FUND (EIN 356277430) - 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

1969

Legal Domicile

Principal Officer

CHARLES M MORRIS IV

Phone

8009506789

Tax Period

2024-01-01 to 2024-12-31

INTL UNION OF PAINTERS & ALLIED TRADES 47 HEALTH & WELFARE FUND, founded in 1969, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $4.4M left a modest 7% surplus.

Mission

TO PROVIDE EMPLOYEE BENEFIT PLAN FOR MULTIPLE EMPLOYERS WITH EMPLOYEES IN PAINTERS UNION LOCAL 47.

🔒

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 $4,504,450

Investment Income $223,299

Other Revenue $0

TOTAL REVENUE $4,727,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $312,594

TOTAL EXPENSES $4,390,008

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,727,749	$3,683,336	+0.3%
Expenses	$4,390,008	$4,396,420	0.0%
Net Income	$337,741	$-713,084	-1.5%

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

N/A

Volunteers

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
CHARLES M MORRIS IV	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RYAN SCHWEIZER	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENT KEEHN	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
JEFFREY BERGSTEDT	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS WALL	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA GOBLE	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
2024	$4,727,749	$4,390,008	$7,534,242	$337,741
2023	$3,683,336	$4,396,420	$6,969,197	$-713,084
2022	$4,080,296	$3,781,096	$6,765,854	$299,200
2021	$4,632,655	$4,189,333	$6,998,963	$443,322
2020	$4,878,888	$5,020,391	$6,885,676	$-141,503
2019	$4,367,319	$5,002,660	$7,282,225	$-635,341
2018	$4,227,631	$4,781,937	$7,342,814	$-554,306

INTL UNION OF PAINTERS & ALLIED TRADES 47 HEALTH & WELFARE FUND