PLUMBERS & PIPEFITTERS LOCAL NO 633 HEALTH AND WELFARE FUND

EIN: 364550416

TROY, MI

Total Revenue
$1,691,498
Total Expenses
$1,838,398
Total Assets
N/A
Net Assets
N/A
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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
2004
Legal Domicile
KY
Principal Officer
JOSEPH CHAD MILLS
Phone
2488139800
Tax Period
2020-04-01 to 2020-10-31

PLUMBERS & PIPEFITTERS LOCAL NO 633 HEALTH AND WELFARE FUND, founded in 2004, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2020. Revenue fell 51% from the prior year — a significant decline worth monitoring.

Mission

TO 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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,684,494
Investment Income $6,076
Other Revenue $928
TOTAL REVENUE $1,691,498

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $83,452
TOTAL EXPENSES $1,838,398

Year-over-Year Comparison

2020 2019 Change
Revenue $1,691,498 $3,455,918 -0.5%
Expenses $1,838,398 $3,287,440 -0.4%
Net Income $-146,900 $168,478 -1.9%
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
5
Independent Members
3
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
0
$0
Total Directors
5
$204,167
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH CHAD MILLS TRUSTEE 1.00
Director
$0 $26,189 $113,349
JEREMY YOUNG TRUSTEE 1.00
Director
$0 $21,824 $90,818
MARK WAGNER TRUSTEE 1.00
Director
$0 $0 $0
BRADLEY THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW SHAWN WEST 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
2020 $3,455,918 $3,287,440 $1,955,653 $168,478
2020 $1,691,498 $1,838,398 No data $-146,900
2019 $3,423,001 $3,068,231 $1,994,163 $354,770
2018 $2,885,221 $2,921,723 $1,528,030 $-36,502
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