ATLANTA PLUMBERS & STEAMFITTERS RETIREE HEALTH & WELFARE FUND

EIN: 371830040 Mutual Benefit

PEMBROKE PINES, FL

Total Revenue
$4,064,291
Total Expenses
$2,843,919
Total Assets
$7,216,031
Net Assets
$7,182,373
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
GA
Principal Officer
TERRY NEWSOME JR
Phone
9542666322
Tax Period
2023-01-01 to 2023-12-31

ATLANTA PLUMBERS & STEAMFITTERS RETIREE HEALTH & WELFARE FUND, founded in 2016, is a community nonprofit in the Mutual Benefit sector that reported $4.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 30% operating margin.

Mission

TO PROVIDE HEALTH INSURANCE OT ELIGIBLE RETIREE PARTICIPANTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,835,024
Investment Income $229,267
Other Revenue $0
TOTAL REVENUE $4,064,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $290,854
TOTAL EXPENSES $2,843,919

Year-over-Year Comparison

2023 2022 Change
Revenue $4,064,291 $3,678,203 +0.1%
Expenses $2,843,919 $2,822,777 +0.0%
Net Income $1,220,372 $855,426 +0.4%
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

Sign In

Governance

Voting Members
9
Independent Members
4
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
10
$509,026
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY NEWSOME JR UNION TRUSTEE - CO-CHAIR 2.00
Director
$0 $0 $113,773
STEVE NEWSOME UNION TRUSTEE 2.00
Director
$0 $0 $97,785
JARRET WADE UNION TRUSTEE 2.00
Director
$0 $0 $97,785
DAVID EVANS UNION TRUSTEE 2.00
Director
$0 $0 $97,785
JON STERLING MANAGEMENT TRUSTEE - CO-CH 2.00
Director
$0 $0 $0
JOHN MCKENNY MANAGEMENT TRUSTEE 2.00
Director
$0 $0 $0
JIM F THOMAS MANAGEMENT TRUSTEE 2.00
Director
$0 $0 $0
JIM ESTERBROOK MANAGEMENT TRUSTEE 2.00
Director
$0 $0 $0
ALAN TOMBERLIN UNION TRUSTEE 2.00
Director
$0 $0 $101,898
ANDY SUMPTER MANAGEMENT TRUSTEE 2.00
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
2024 No data No data No data No data
2023 $4,064,291 $2,843,919 $7,216,031 $1,220,372
2022 $3,678,203 $2,822,777 $5,765,059 $855,426
2021 $3,681,898 $2,755,779 $5,059,741 $926,119
2020 $3,269,360 $2,492,494 $4,132,506 $776,866
2019 $3,515,758 $2,458,144 $3,347,171 $1,057,614
2018 $1,929,744 $2,207,210 $2,292,397 $-277,466
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ATLANTA PLUMBERS & STEAMFITTERS RETIREE HEALTH & WELFARE FUND with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.