BUILDING MATERIAL CHAUFFEURS TMSTRS & HELPERS WELFARE FUND OF CHICAGO (EIN 366057110) - 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

1955

Legal Domicile

Principal Officer

Eddie Rizzo

Phone

3126661875

Tax Period

2024-09-01 to 2025-08-31

BUILDING MATERIAL CHAUFFEURS TMSTRS & HELPERS WELFARE FUND OF CHICAGO, founded in 1955, is a mid-sized nonprofit that reported $25.2M in total revenue in fiscal year 2017. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $51.2M represent 24 months of operating reserves.

Mission

PROVIDE HEALTH BENEFITS

🔒

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 $31,655,042

Investment Income $5,076,157

Other Revenue $884

TOTAL REVENUE $36,732,083

Expense Breakdown

Grants Paid $0

Salaries & Benefits $548,920

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,134,264

TOTAL EXPENSES $38,303,908

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,732,083	$34,168,038	+0.1%
Expenses	$38,303,908	$33,566,938	+0.1%
Net Income	$-1,571,825	$601,100	-3.6%

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

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

$470,604

Total Directors

$44,407

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY HOFF	ADMINISTRATOR	40	Officer	$0	$68,123	$470,604
CHRISTINE USON	ASSISTANT ADMINISTRATOR	40	Highest	$0	$82,720	$259,077
ROSANNE LACALAMITA	ASSISTANT ADMINISTRATOR	40	Highest	$0	$106,208	$257,463
MARY CERETTO	CONTROLLER	40	Highest	$0	$78,176	$213,035
EDWARD RIZZO	TRUSTEE	1	Director	$5,551	$0	$22,204
STEVEN WARNKE	TRUSTEE	1	Director	$7,401	$0	$22,203
BRYANT SMITH	TRUSTEE	1	Director	$0	$0	$0
BRANDON SNOW	TRUSTEE	1	Director	$0	$0	$0
JEFF OZINGA	TRUSTEE	1	Director	$0	$0	$0
JAMES GODDARD	TRUSTEE	1	Director	$0	$0	$0
KEVIN JARCHOW	TRUSTEE	1	Director	$0	$0	$0
DAVID MASHEK	TRUSTEE	1	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
2025	$36,732,083	$38,303,908	$64,615,982	$-1,571,825
2024	$34,168,038	$33,566,938	$66,112,492	$601,100
2023	$32,019,140	$31,018,316	$59,148,900	$1,000,824
2022	$31,009,306	$29,912,327	$54,132,052	$1,096,979
2021	$28,065,624	$25,291,448	$66,149,583	$2,774,176
2020	$27,460,541	$26,952,374	$56,343,388	$508,167
2019	$26,623,100	$28,131,777	$51,899,426	$-1,508,677
2018	$25,181,234	$26,161,125	$55,549,786	$-979,891

BUILDING MATERIAL CHAUFFEURS TMSTRS & HELPERS WELFARE FUND OF CHICAGO