SYSTEMS CONTROL DIVISION LOCAL 2221 HEALTH & WELFARE TRUST (EIN 382346242) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Phone

9067763499

Tax Period

2022-01-01 to 2022-12-31

SYSTEMS CONTROL DIVISION LOCAL 2221 HEALTH & WELFARE TRUST, founded in 1981, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 27% operating margin.

Mission

TO PROVIDE HEALTH & WELFARE BENEFITS COVERING ALL ACTIVE REGULAR BARGAINING EMPLOYEES AND TERMINATED EMPLOYES WHO ELECT CONTINUATION COVERAGE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,069,374

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,069,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,978,373

Other Expenses $2,978,373

TOTAL EXPENSES $2,978,373

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,069,374	$3,536,748	+0.2%
Expenses	$2,978,373	$3,383,396	-0.1%
Net Income	$1,091,001	$153,352	+6.1%

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	Role	Reportable Comp	Other Comp	Total
DAN LIEBERGEN	TRUSTEE	Director	$0	$0	$0
BRAD LEBOUEF	TRUSTEE	Director	$0	$0	$0
BRIDGET KENNEDY	TRUSTEE	Director	$0	$0	$0
JOHN ROCKEFELLER	TRUSTEE	Director	$0	$0	$0
CHRIS GUDE	TRUSTEE	Director	$0	$0	$0
JESSE LIKWARZ	TRUSTEE	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
2022	$4,069,374	$2,978,373	$3,071,707	$1,091,001
2021	$3,536,748	$3,383,396	$1,844,306	$153,352
2020	$3,073,745	$3,402,280	$1,690,954	$-328,535

SYSTEMS CONTROL DIVISION LOCAL 2221 HEALTH & WELFARE TRUST