CHICAGO & VICINITY LABORERS' DISTRICT COUNCIL RETIREE HEALTH & WELFARE PLAN

EIN: 465243652 Mutual Benefit

WESTCHESTER, IL

Total Revenue
$156,771,671
Total Expenses
$118,846,298
Total Assets
$851,055,652
Net Assets
$849,571,945
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
CATHERINE WENSKUS
Phone
7085620200
Tax Period
2024-06-01 to 2025-05-31

CHICAGO & VICINITY LABORERS' DISTRICT COUNCIL RETIREE HEALTH & WELFARE PLAN, founded in 2014, is a major nonprofit in the Mutual Benefit sector that reported $156.8M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $37.9M, a strong 24% operating margin.

Mission

THE PLAN PROVIDES HEALTH, PRESCRIPTION, DENTAL, VISION TO ALL ELIGIBLE RETIREE PARTICIPANTS AND DEPENDENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $133,367,506
Investment Income $23,103,228
Other Revenue $300,937
TOTAL REVENUE $156,771,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,212,597
Fundraising Expenses $0
Other Expenses $3,204,016
TOTAL EXPENSES $118,846,298

Year-over-Year Comparison

2024 2023 Change
Revenue $156,771,671 $141,403,352 +0.1%
Expenses $118,846,298 $107,157,335 +0.1%
Net Income $37,925,373 $34,246,017 +0.1%
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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Governance

Voting Members
12
Independent Members
6
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
1
$410,664
Total Directors
12
$3,194,958
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES CONNOLLY TRUSTEE 1.00
Director
$0 $214,494 $695,896
JOSEPH HEALY TRUSTEE 1.00
Director
$0 $208,279 $687,270
MARTIN FLANAGAN TRUSTEE 1.00
Director
$0 $183,130 $565,464
RICHARD KUCZKOWSKI TRUSTEE 1.00
Director
$0 $174,606 $536,623
LOYD VAUGHN TRUSTEE 1.00
Director
$0 $132,250 $368,722
FRANK TAFFORA TRUSTEE 1.00
Director
$0 $131,916 $340,983
KEVIN CAMOSY TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM GALLAGHER TRUSTEE 1.00
Director
$0 $0 $0
SAMUEL HENDERSON TRUSTEE 1.00
Director
$0 $0 $0
CLIFTON HORN TRUSTEE 1.00
Director
$0 $0 $0
DAVID LORIG TRUSTEE 1.00
Director
$0 $0 $0
DENNIS MARTIN TRUSTEE 1.00
Director
$0 $0 $0
CATHERINE WENSKUS ADMINISTRATOR 8.00
Officer
$0 $140,803 $410,664
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 $156,771,671 $118,846,298 $851,055,652 $37,925,373
2024 $141,403,352 $107,157,335 $771,101,679 $34,246,017
2023 $134,687,222 $96,611,096 $668,309,479 $38,076,126
2022 $130,888,796 $91,445,808 $638,454,439 $39,442,988
2021 $137,045,149 $75,203,558 $658,586,516 $61,841,591
2019 $131,236,082 $64,915,628 $430,831,621 $66,320,454
2018 $113,749,942 $60,136,542 $377,224,612 $53,613,400
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