FIVE RIVERS CARPENTERS DISTRICT COUNCIL HEALTH & WELFARE FUND (EIN 426149936) - 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

1970

Legal Domicile

Principal Officer

ROYCE PETERSON

Phone

3193626062

Tax Period

2023-01-01 to 2023-12-31

FIVE RIVERS CARPENTERS DISTRICT COUNCIL HEALTH & WELFARE FUND, founded in 1970, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $8.2M left a modest 11% surplus.

Mission

PROVIDE HEALTH & WELFARE BENEFITS TO 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,087,858

Investment Income $1,024,525

Other Revenue $21,329

TOTAL REVENUE $9,133,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,620

Fundraising Expenses $0

Program Expenses $8,162,618

Other Expenses $744,570

TOTAL EXPENSES $8,162,618

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,133,712	$8,427,535	+0.1%
Expenses	$8,162,618	$5,831,574	+0.4%
Net Income	$971,094	$2,595,961	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROYCE PETERSON	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBB NELSON	DEPUTY GENERAL COUNSEL	1.00	Officer Director	$0	$0	$0
BOB DOUBEK	TRUSTEE	1.00	Director	$0	$0	$0
JIM UNZEITIG	TRUSTEE	1.00	Director	$0	$0	$0
MIKE NOVY	TRUSTEE	1.00	Director	$0	$0	$0
NATE PILCHER	TRUSTEE	1.00	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	$9,133,712	$8,162,618	$28,167,064	$971,094
2022	$8,427,535	$5,831,574	$23,891,785	$2,595,961
2021	$8,703,963	$7,501,238	$25,962,714	$1,202,725
2020	$7,714,503	$4,444,829	$22,577,141	$3,269,674
2019	$8,842,173	$10,719,743	$21,051,839	$-1,877,570
2018	$10,557,305	$10,089,595	$19,443,826	$467,710

FIVE RIVERS CARPENTERS DISTRICT COUNCIL HEALTH & WELFARE FUND