INTERNATIONAL ASSOC OF MACHINISTS AND AEROSPACE WORKERS WELFARE TRUST (EIN 430648504) - 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

1949

Legal Domicile

Principal Officer

DEBBIE WATSON

Phone

3147396442

Tax Period

2022-07-01 to 2023-06-30

INTERNATIONAL ASSOC OF MACHINISTS AND AEROSPACE WORKERS WELFARE TRUST, founded in 1949, is a mid-sized nonprofit that reported $66.3M in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. Net assets of $178.0M represent 32 months of operating reserves.

Mission

TO PROVIDE INSURANCE 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $64,303,849

Investment Income $1,992,548

Other Revenue $0

TOTAL REVENUE $66,296,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,800,814

Fundraising Expenses $0

Program Expenses $67,256,195

Other Expenses $1,186,983

TOTAL EXPENSES $68,392,889

Year-over-Year Comparison

	2022	2021	Change
Revenue	$66,296,397	$73,516,779	-0.1%
Expenses	$68,392,889	$75,199,835	-0.1%
Net Income	$-2,096,492	$-1,683,056	+0.2%

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

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
DON BROWN	TRUSTEE	1.00	Director	$0	$0	$0
JASON TETIDRICK	TRUSTEE	1.00	Director	$0	$0	$0
DAN SINCLAIR	TRUSTEE	1.00	Director	$0	$0	$0
TIM JOST	TRUSTEE	1.00	Director	$0	$0	$0
JOE ECCARDT	TRUSTEE	1.00	Director	$0	$0	$0
TRACY GARDNER	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$66,296,397	$68,392,889	$178,669,834	$-2,096,492
2022	$73,516,779	$75,199,835	$175,508,926	$-1,683,056
2021	$76,331,186	$71,078,526	$203,619,243	$5,252,660
2020	$81,268,856	$72,997,671	$183,841,730	$8,271,185
2019	$77,262,598	$62,452,088	$180,962,267	$14,810,510
2018	$65,959,267	$64,601,873	$172,637,147	$1,357,394

INTERNATIONAL ASSOC OF MACHINISTS AND AEROSPACE WORKERS WELFARE TRUST