Int'l Brotherhood of Boilermakers Loc 85 Supplemental Welfare Plan and Trust (EIN 364513878) - 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

2003

Legal Domicile

Principal Officer

Tim Timmons

Phone

4192482401

Tax Period

2023-01-01 to 2023-12-31

Int'l Brotherhood of Boilermakers Loc 85 Supplemental Welfare Plan and Trust, founded in 2003, is a community nonprofit in the Mutual Benefit sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $371K, a strong 37% operating margin.

Mission

The fund provides supplemental health benefits to eligible members of the International Brotherhood of Boilermakers Local 85.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $436,338

Investment Income $574,549

Other Revenue $0

TOTAL REVENUE $1,010,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $141,242

TOTAL EXPENSES $640,174

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,010,887	$827,894	+0.2%
Expenses	$640,174	$707,239	-0.1%
Net Income	$370,713	$120,655	+2.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Timmons	Trustee	1.00	Director	$0	$0	$0
Rob Martin	Trustee	1.00	Director	$0	$0	$0
Robert Dzierzak	Trustee	1.00	Director	$0	$0	$0
Anne Saloff	Trustee	1.00	Director	$0	$0	$0
GJ Stuller	Trustee	1.00	Director	$0	$0	$0
Bobbie Strayer	Trustee	1.00	Director	$0	$0	$0
Eric Riley	Trustee	1.00	Director	$0	$0	$0
Ken McCarthy	Trustee	1.00	Director	$0	$0	$0
N/A	Institutional Trustee	1.00		$65,488	$0	$65,488

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	No data	No data	No data	No data
2023	$1,010,887	$640,174	$15,666,984	$370,713
2022	$827,894	$707,239	$14,597,770	$120,655
2021	$1,157,113	$815,714	$16,198,919	$341,399
2020	$979,685	$915,713	$14,991,377	$63,972
2019	$2,063,683	$957,217	$13,806,259	$1,106,466
2018	$1,318,632	$909,555	$11,118,020	$409,077

Int'l Brotherhood of Boilermakers Loc 85 Supplemental Welfare Plan and Trust