CONSTRUCTION INDUSTRY LABORERS WELFARE FUND (EIN 440568755) - 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

1952

Legal Domicile

Principal Officer

JASON MENDENHALL

Phone

8167563313

Tax Period

2023-01-01 to 2023-12-31

CONSTRUCTION INDUSTRY LABORERS WELFARE FUND, founded in 1952, is a mid-sized nonprofit that reported $69.6M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $147.8M represent 25 months of operating reserves.

Mission

PROVIDE HEALTH & 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $63,660,642

Investment Income $3,700,679

Other Revenue $2,260,421

TOTAL REVENUE $69,621,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,633,612

TOTAL EXPENSES $68,654,320

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,621,742	$62,605,084	+0.1%
Expenses	$68,654,320	$63,616,271	+0.1%
Net Income	$967,422	$-1,011,187	-2.0%

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

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
JASON P MENDENHALL	CHAIRMAN	Officer Director	$0	$0	$0
JIM FITZGERALD	SECRETARY	Officer Director	$0	$0	$0
PATRICK P PRYOR	TRUSTEE	Director	$0	$0	$0
BILL TILLMAN	TRUSTEE	Director	$0	$0	$0
BRAD TURNER	TRUSTEE	Director	$0	$0	$0
BRYON HORNUNG	TRUSTEE	Director	$0	$0	$0
DAVID KAESTNER	TRUSTEE	Director	$0	$0	$0
DEXTER PHILLIPS	TRUSTEE	Director	$0	$0	$0
JOE GARRISON	TRUSTEE	Director	$0	$0	$0
PAUL IDEKER	TRUSTEE	Director	$0	$0	$0
NATE ROSE	TRUSTEE	Director	$0	$0	$0
JEFF PHILGREEN	TRUSTEE	Director	$0	$0	$0
SAM SIMMONS	TRUSTEE	Director	$0	$0	$0
WYATT PHILLIPS	TRUSTEE	Director	$0	$0	$0
GABRIEL T JONES	TRUSTEE	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	$69,621,742	$68,654,320	$150,103,374	$967,422
2022	$62,605,084	$63,616,271	$136,244,694	$-1,011,187
2021	$60,897,343	$62,483,687	$159,375,234	$-1,586,344
2020	$59,729,137	$58,609,912	$151,896,140	$1,119,225
2019	$59,891,705	$58,278,213	$140,441,485	$1,613,492
2018	$74,243,536	$56,717,726	$125,616,435	$17,525,810

CONSTRUCTION INDUSTRY LABORERS WELFARE FUND