GRAPHIC COMMUNICATIONS LOCAL 1B HE… - 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

1953

Legal Domicile

Principal Officer

MARTY HALLBERG

Phone

6517897030

Tax Period

2020-10-01 to 2021-09-30

GRAPHIC COMMUNICATIONS LOCAL 1B HEALTH & WELFARE FUNDS, founded in 1953, is a micro nonprofit that reported $1K in total revenue in fiscal year 2020. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 4788% operating deficit.

Mission

THE ORGANIZATION PROVIDES FOR THE PAYMENT OF HOSPITAL, MEDICAL, WEEKLY DISABILITY, DEATH, SURGICAL, DENTAL AND PHARMACEUTICAL BENEFITS TO ELIGIBLE PARTICIPANTS. RETIREES AND DEPENDENT LIFE INSURANCE IS PROVIDED TO ELIGIBLE PARTICIPANTS.

Program Service Accomplishments

Program 1

THE PLAN PROVIDES MEDICAL BENEFITS, DISABILITY INCOME REPLACEMENT BENEFITS AND LIFE INSURANCE FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS OR BENEFICIARIES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,341

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,341

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $45,153

TOTAL EXPENSES $65,551

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,341	$106,395	-1.0%
Expenses	$65,551	$317,142	-0.8%
Net Income	$-64,210	$-210,747	-0.7%

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
MARTY HALLBERG	SECRETARY	15.00	Officer	$0	$0	$0
ALLEN OLSEN	TRUSTEE	2.00	Officer	$0	$0	$0
TOM SNYDER	TRUSTEE	2.00	Officer	$0	$0	$0
DAVID BAUMGARDNER	CHAIRMAN	2.00	Officer	$0	$0	$0
ROB RANKIN	TRUSTEE	2.00	Officer	$0	$0	$0
STEVE BONOFF	TRUSTEE	2.00	Officer	$0	$0	$0
DAN WINTER	TRUSTEE	2.00	Officer	$0	$0	$0
JIM LONGERBONE	TRUSTEE	2.00	Officer	$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
2021	$1,341	$65,551	$101,999	$-64,210
2020	$106,395	$317,142	$171,413	$-210,747
2019	$3,221,887	$3,952,288	$381,316	$-730,401
2018	$3,222,279	$3,632,977	$1,137,877	$-410,698

GRAPHIC COMMUNICATIONS LOCAL 1B HEALTH & WELFARE FUNDS