ROOFERS UNION WELFARE TRUST FUND (EIN 362226396) - 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

1950

Legal Domicile

Principal Officer

GARY MENZEL

Phone

8478271029

Tax Period

2024-01-01 to 2024-12-31

ROOFERS UNION WELFARE TRUST FUND, founded in 1950, is a mid-sized nonprofit that reported $43.3M in total revenue in fiscal year 2024. Expenses of $41.3M left a modest 5% surplus.

Mission

PROVIDE HEALTH BENEFITS

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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 $38,158,092

Investment Income $5,096,624

Other Revenue $1,036

TOTAL REVENUE $43,255,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,441

Fundraising Expenses $0

Other Expenses $4,308,306

TOTAL EXPENSES $41,296,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,255,752	$40,454,576	+0.1%
Expenses	$41,296,716	$38,369,690	+0.1%
Net Income	$1,959,036	$2,084,886	-0.1%

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

N/A

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

$887,671

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAWRENCE GNAT	TRUSTEE (PAST)	1.50	Director	$0	$56,994	$215,245
TRAVIS GORMAN	TRUSTEE	1.50	Director	$0	$56,994	$211,403
MARK MORAN	TRUSTEE	1.50	Director	$0	$0	$0
MARK DUFFY	TRUSTEE	1.50	Director	$0	$0	$0
GARY MENZEL	TRUSTEE	1.50	Director	$0	$56,994	$249,450
GEORGE PATTERSON	TRUSTEE	1.50	Director	$0	$0	$0
RICH COLUZZI	TRUSTEE (NEW)	1.50	Director	$0	$56,994	$211,573

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	$43,255,752	$41,296,716	$112,501,569	$1,959,036
2023	$40,454,576	$38,369,690	$106,675,015	$2,084,886
2022	$38,175,122	$34,585,877	$96,530,834	$3,589,245
2021	$35,591,870	$34,083,814	$107,537,174	$1,508,056
2020	$32,735,362	$34,005,568	$99,828,202	$-1,270,206
2019	$32,022,452	$29,706,039	$91,229,913	$2,316,413
2018	$31,020,844	$26,508,562	$79,661,242	$4,512,282

ROOFERS UNION WELFARE TRUST FUND