MILWAUKEE CARPENTERS' DISTRICT COUNCIL HEALTH FUND (EIN 390851641) - 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

1952

Legal Domicile

Principal Officer

JOHN TOPP

Phone

2629705790

Tax Period

2018-06-01 to 2019-01-01

MILWAUKEE CARPENTERS' DISTRICT COUNCIL HEALTH FUND, founded in 1952, is a mid-sized nonprofit that reported $26.6M in total revenue in fiscal year 2018. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6.1M, a strong 23% operating margin.

Mission

TO PROVIDE HEALTH BENEFITS TO UNION 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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $25,686,146

Investment Income $673,285

Other Revenue $271,040

TOTAL REVENUE $26,630,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,781,127

TOTAL EXPENSES $20,536,786

Year-over-Year Comparison

	2018	2017	Change
Revenue	$26,630,471	$44,032,175	-0.4%
Expenses	$20,536,786	$46,504,560	-0.6%
Net Income	$6,093,685	$-2,472,385	-3.5%

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

N/A

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

$229,645

Total Directors

$686,222

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY ROCOLE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN TOPP	TRUSTEE/CHAIRMAN	1.00	Officer Director	$0	$0	$0
TOM DUFOUR	TRUSTEE	1.00	Director	$0	$0	$0
COREY BIALCIK	TRUSTEE/SECRETARY-TREASURE	1.00	Officer Director	$0	$86,842	$229,645
SHAUN COATES	TRUSTEE	1.00	Director	$0	$74,131	$188,179
BURT JOHNSON	TRUSTEE	1.00	Director	$0	$95,192	$268,398

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
2019	$26,630,471	$20,536,786	No data	$6,093,685
2018	$44,032,175	$46,504,560	$59,194,989	$-2,472,385

MILWAUKEE CARPENTERS' DISTRICT COUNCIL HEALTH FUND