TEAMSTERS & EMPLOYERS WELFARE TRUS… - Form 990 Financial Data

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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

1970

Legal Domicile

Principal Officer

SCOTT MABERRY

Phone

8005561742

Tax Period

2024-01-01 to 2024-12-31

TEAMSTERS & EMPLOYERS WELFARE TRUST OF ILLINOIS, founded in 1970, is a mid-sized nonprofit that reported $75.1M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO COVERED PARTICIPANTS OF THE PLAN

Program Service Accomplishments

Program 1

Expenses: $77,341,145

TO PROVIDE HEALTH AND WELFARE BENEFITS TO COVERED PARTICIPANTS OF THE PLAN

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $70,252,592

Investment Income $4,839,133

Other Revenue $0

TOTAL REVENUE $75,091,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $77,341,145

Other Expenses $3,288,956

TOTAL EXPENSES $77,341,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,091,725	$110,589,409	-0.3%
Expenses	$77,341,145	$104,305,636	-0.3%
Net Income	$-2,249,420	$6,283,773	-1.4%

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
SCOTT MABERRY	CHAIRMAN	2.00	Director	$0	$0	$0
BRETT WESSEL	SECRETARY	2.00	Director	$0	$0	$0
JP FRYANS III	TRUSTEE	2.00	Director	$0	$0	$0
GREG WHEET	TRUSTEE	2.00	Director	$0	$0	$0
JR SULLIVAN	TRUSTEE	2.00	Director	$0	$0	$0
RICH HARGIS	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	$75,091,725	$77,341,145	$109,397,237	$-2,249,420
2023	$110,589,409	$104,305,636	$108,125,335	$6,283,773
2022	$108,387,291	$102,252,173	$94,861,497	$6,135,118
2021	$113,173,281	$101,199,378	$101,818,713	$11,973,903
2020	$113,064,334	$96,521,264	$93,383,362	$16,543,070
2020	$113,064,334	$96,521,264	$93,383,362	$16,543,070
2019	$119,816,869	$101,008,900	$71,704,931	$18,807,969
2019	$119,816,869	$99,019,346	$71,698,871	$20,797,523
2018	$106,018,460	$95,250,440	$48,648,310	$10,768,020

TEAMSTERS & EMPLOYERS WELFARE TRUST OF ILLINOIS