IRON WORKERS LOCAL 25 HEALTH CARE TRUST (EIN 386216995) - 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

1950

Legal Domicile

Principal Officer

RICHARD SAWHILL

Phone

2488139800

Tax Period

2024-05-01 to 2025-04-30

IRON WORKERS LOCAL 25 HEALTH CARE TRUST, founded in 1950, is a mid-sized nonprofit that reported $40.3M in total revenue in fiscal year 2024. Expenses of $39.0M left a modest 3% surplus.

Mission

TO PROVIDE HEALTH BENEFITS TO ELIGIBLE MEMBERS.

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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 $39,030,727

Investment Income $887,882

Other Revenue $359,080

TOTAL REVENUE $40,277,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,290,617

TOTAL EXPENSES $38,958,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,277,689	$40,162,940	+0.0%
Expenses	$38,958,872	$36,575,453	+0.1%
Net Income	$1,318,817	$3,587,487	-0.6%

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

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
RICHARD SAWHILL	MANAGEMENT TRUSTEE, CHAIRMAN	0.50	Officer Director	$0	$0	$0
MICHAEL RANDICK	UNION TRUSTEE, SECRETARY	0.50	Officer Director	$0	$0	$0
DENNIS AGUIRRE II	UNION TRUSTEE	0.50	Director	$0	$0	$0
WAYNE COFFELL	UNION TRUSTEE	0.50	Director	$0	$0	$0
MARK KERNEY	MANAGEMENT TRUSTEE	0.50	Director	$0	$0	$0
CHRIS VLK	MANAGEMENT TRUSTEE	0.50	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	$40,277,689	$38,958,872	$48,424,765	$1,318,817
2024	$40,162,940	$36,575,453	$46,382,859	$3,587,487
2023	$34,040,533	$34,792,517	$44,240,847	$-751,984
2022	$32,328,432	$34,827,856	$43,589,733	$-2,499,424
2021	$32,038,824	$31,581,762	$50,600,347	$457,062
2020	$30,939,059	$29,973,457	$46,024,526	$965,602
2019	$30,739,717	$31,968,486	$42,745,895	$-1,228,769
2018	$33,785,754	$30,208,837	$43,879,478	$3,576,917

IRON WORKERS LOCAL 25 HEALTH CARE TRUST