TEAMSTERS JOINT COUNCIL 32-EMPLOYERS HEALTH AND WELFARE FUND

EIN: 410855601

BLOOMINGTON, MN

Total Revenue
$71,033,297
Total Expenses
$66,778,554
Total Assets
$74,730,056
Net Assets
$68,791,020
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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
1980
Legal Domicile
MN
Principal Officer
LARRY YOSWA
Phone
9528540795
Tax Period
2023-01-01 to 2023-12-31

TEAMSTERS JOINT COUNCIL 32-EMPLOYERS HEALTH AND WELFARE FUND, founded in 1980, is a mid-sized nonprofit that reported $71.0M in total revenue in fiscal year 2023. Expenses of $66.8M left a modest 6% surplus.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $70,231,899
Investment Income $801,398
Other Revenue $0
TOTAL REVENUE $71,033,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,375,154
TOTAL EXPENSES $66,778,554

Year-over-Year Comparison

2023 2022 Change
Revenue $71,033,297 $70,119,379 +0.0%
Expenses $66,778,554 $55,913,029 +0.2%
Net Income $4,254,743 $14,206,350 -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

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Governance

Voting Members
11
Independent Members
11
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
0
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL SEEHAFER TRUSTEE 0.2
Director
$0 $0 $0
RICHARD ERICKSON TRUSTEE 0.2
Director
$0 $0 $0
ZACHARY RADZAK TRUSTEE 0.2
Director
$0 $0 $0
JEFF TAYLOR TRUSTEE 0.2
Director
$0 $0 $0
MELANIE JONES TRUSTEE 0.2
Director
$0 $0 $0
ROD FOURNIER TRUSTEE 0.2
Director
$0 $0 $0
KATHY MCCABE TRUSTEE 0.2
Director
$0 $0 $0
BILL WEDEBRAND TRUSTEE 0.2
Director
$0 $0 $0
KRIS KNIGHT TRUSTEE 0.2
Director
$0 $0 $0
JEFF OVESON TRUSTEE 0.2
Director
$0 $0 $0
JARRETT STOFFREGEN TRUSTEE 0.2
Director
$0 $0 $0
JAYDEE GILLIAM TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
TROY GUSTAFSON TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
MEREDITH DIETTE TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
BREN SCHAUF TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
CHRIS RILEY TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
FABE ROERS TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
CHAD WARD TRUSTEE - ALTERNATE 0.2
Director
$0 $0 $0
BRIAN BARLAGE TRUSTEE - ALTERNATE 0.2
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
2024 No data No data No data No data
2023 $71,033,297 $66,778,554 $74,730,056 $4,254,743
2022 $70,119,379 $55,913,029 $66,667,205 $14,206,350
2021 $66,782,892 $64,938,875 $55,790,921 $1,844,017
2020 $63,254,380 $52,602,016 $51,166,119 $10,652,364
2019 $59,927,521 $54,403,843 $40,870,967 $5,523,678
2018 $57,523,269 $53,952,803 $35,244,891 $3,570,466
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