ROCK ISLAND, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN ILLINOIS AND IOWA LABORERS' HEALTH & WELFARE TRUST, founded in 1967, is a community nonprofit that reported $9.4M in total revenue in fiscal year 2025. Expenses of $8.1M left a modest 14% surplus.
THE PLAN PROVIDES HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES REPRESENTED BY THE UNION AND FOR OTHER EMPLOYEES FOR WHOM CONTRIBUTIONS ARE OR HAVE BEEN PAID INTO AND ACCEPTED BY THE PLAN. THE SPOUSES AND OTHER DEPENDENTS OF QUALIFYING EMPLOYEES ARE ALSO ELIGIBLE FOR BENEFITS.
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES REPRESENTED BY UNIONS LOCAL NO. 309, NO. 544, AND FOR OTHER ELIGIBLE EMPLOYEES FOR WHOM CONTRIBUTIONS ARE OR HAVE BEEN PAID INTO THE TRUST...
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES REPRESENTED BY UNIONS LOCAL NO. 309, NO. 544, AND FOR OTHER ELIGIBLE EMPLOYEES FOR WHOM CONTRIBUTIONS ARE OR HAVE BEEN PAID INTO THE TRUST BY CONTRACTORS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $9,420,439 | $9,676,808 | 0.0% |
| Expenses | $8,131,429 | $6,905,515 | +0.2% |
| Net Income | $1,289,010 | $2,771,293 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIKE HOWARD | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| BJ SORENSEN | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY FOSTER | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| DAVID ADAMS | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| BRADLY LONG | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| PAUL FOLEY | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| JULIE LAGE | ADMINISTRATOR | 40.00 |
Officer
|
$109,038 | $35,909 | $144,947 |
| SAMANTHA GANGE | ADMINISTRATOR | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,420,439 | $8,131,429 | $45,959,208 | $1,289,010 |
| 2024 | $9,676,808 | $6,905,515 | $43,289,758 | $2,771,293 |
| 2023 | $8,282,111 | $8,328,896 | $39,713,009 | $-46,785 |
| 2022 | $9,391,019 | $7,312,532 | $37,322,144 | $2,078,487 |
| 2021 | $10,740,192 | $7,026,503 | $41,445,522 | $3,713,689 |
| 2020 | $9,136,761 | $7,541,383 | $37,240,154 | $1,595,378 |
| 2019 | $8,831,350 | $8,149,746 | $33,360,906 | $681,604 |
| 2018 | $9,362,125 | $6,367,967 | $29,206,068 | $2,994,158 |
Compare NORTHERN ILLINOIS AND IOWA LABORERS' HEALTH & WELFARE TRUST with other nonprofits in Illinois and across the country.