MECHANICAL CONTRACTORS ASSN OF EASTERN IA AND WESTERN IL IND ADV (EIN 387159101) - 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

2016

Legal Domicile

Principal Officer

RICHARD LUNDVALL

Phone

5633456450

Tax Period

2023-01-01 to 2023-12-31

MECHANICAL CONTRACTORS ASSN OF EASTERN IA AND WESTERN IL IND ADV, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $405K in total revenue in fiscal year 2023. Net assets of $1.2M represent 37 months of operating reserves.

Mission

TO ADEQUATELY PROMOTE AND COMMUNICATE SAFE PLUMBING, HEATING, PROCESS PIPING, REFRIGERATION, AIR CONDITIONING, AND THE MECHANICAL INDUSTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $385,205

Investment Income $19,470

Other Revenue $0

TOTAL REVENUE $404,675

Expense Breakdown

Grants Paid $27,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $368,798

TOTAL EXPENSES $396,298

Year-over-Year Comparison

	2023	2022	Change
Revenue	$404,675	$405,590	0.0%
Expenses	$396,298	$342,238	+0.2%
Net Income	$8,377	$63,352	-0.9%

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

$99,418

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE TIMM	SECRETARY	1.00	Officer Director	$0	$0	$0
CHARLES EWERT	TRUSTEE	1.00	Director	$0	$0	$0
BARRON SEXON	TRUSTEE	1.00	Director	$0	$0	$0
LUKE HEACOCK	TRUSTEE	1.00	Director	$0	$0	$0
JARED DESMET	TRUSTEE	1.00	Director	$0	$0	$0
MATT JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN BENBOW	PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM MAYNARD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD LUNDVALL	EXECUTIVE DIRECTOR	7.00	Officer	$0	$13,989	$99,418

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	$404,675	$396,298	$1,233,081	$8,377
2022	$405,590	$342,238	$1,120,111	$63,352
2021	$350,871	$319,664	$1,187,663	$31,207
2020	$351,401	$244,946	$1,073,386	$106,455
2019	$395,482	$329,507	$904,499	$65,975
2018	$374,612	$349,130	$748,748	$25,482

MECHANICAL CONTRACTORS ASSN OF EASTERN IA AND WESTERN IL IND ADV