BAKERS' LOCAL NO 433 WELFARE FUND

EIN: 426177146

NORTH SIOUX CITY, SD

Total Revenue
$1,983,030
Total Expenses
$2,917,993
Total Assets
$347,309
Net Assets
$126,590
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
SD
Principal Officer
GREGORY BARNES
Phone
6052422821
Tax Period
2018-01-01 to 2018-12-31

BAKERS' LOCAL NO 433 WELFARE FUND, founded in 1972, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2017. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 21% operating deficit.

Mission

PROVIDE MEDICAL, DENTAL & DISABILITY BENEFITS TO PARTICIPATING MEMBERS

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,970,903
Investment Income $-2,825
Other Revenue $14,952
TOTAL REVENUE $1,983,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,051
Fundraising Expenses $0
Program Expenses $2,647,766
Other Expenses $196,407
TOTAL EXPENSES $2,917,993

Year-over-Year Comparison

2018 2017 Change
Revenue $1,983,030 $3,108,223 -0.4%
Expenses $2,917,993 $3,765,519 -0.2%
Net Income $-934,963 $-657,296 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
2
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY BARNES CO-CHAIR 5.00
$4,048 $27,713 $110,851
PAULA STEIG TRUSTEE N/A
$0 $16,373 $74,707
STEVE WALTZ CO-CHAIR N/A
$0 $0 $0
WENDY WEIL TRUSTEE N/A
$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
2018 $1,983,030 $2,917,993 $347,309 $-934,963
2017 $3,108,223 $3,765,519 $1,402,169 $-657,296
Explore More Nonprofits
→Top 100 Nonprofits in South Dakota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BAKERS' LOCAL NO 433 WELFARE FUND with other nonprofits in South Dakota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.