INTERNATIONAL LONGSHOREMENS ASSOC HEALTH & WELFARE FUND (EIN 430838810) - 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

1955

Legal Domicile

Principal Officer

CARLOS BROWN

Phone

3147525848

Tax Period

2022-12-01 to 2023-11-30

INTERNATIONAL LONGSHOREMENS ASSOC HEALTH & WELFARE FUND, founded in 1955, is a small nonprofit that reported $205K in total revenue in fiscal year 2022. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $226K exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDE HEALTH AND WELFARE BENEFITS

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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 $195,217

Investment Income $1

Other Revenue $9,670

TOTAL REVENUE $204,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $225,929

Other Expenses $115,282

TOTAL EXPENSES $225,929

Year-over-Year Comparison

	2022	2021	Change
Revenue	$204,888	$864,511	-0.8%
Expenses	$225,929	$645,338	-0.6%
Net Income	$-21,041	$219,173	-1.1%

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

$90,344

Total Directors

$93,092

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS BROWN	PLAN ADMINISTRATOR	20.00	Officer Director	$0	$0	$90,344
KATHLEEN O'BLENNIS	TRUSTEE	2.00	Director	$2,748	$0	$2,748
JEFF HAHNE	TRUSTEE	2.00	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	$204,888	$225,929	$142,301	$-21,041
2022	$864,509	$761,578	$171,287	$102,931
2021	$958,626	$967,751	$91,683	$-9,125
2020	$856,636	$1,002,176	$66,218	$-145,540
2019	$863,027	$1,009,195	$227,701	$-146,168
2018	$751,766	$923,819	$361,918	$-172,053

INTERNATIONAL LONGSHOREMENS ASSOC HEALTH & WELFARE FUND