BUILDERS OF MICHIGAN HEALTH BENEFIT TRUST WELFARE BENEFIT PLAN (EIN 476660978) - 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

2014

Legal Domicile

Principal Officer

DAVID MOLLITOR JR

Phone

5179745567

Tax Period

2022-01-01 to 2022-12-31

BUILDERS OF MICHIGAN HEALTH BENEFIT TRUST WELFARE BENEFIT PLAN, founded in 2014, is a small nonprofit in the Mutual Benefit sector that reported $846K in total revenue in fiscal year 2022. Revenue fell 73% from the prior year — a significant decline worth monitoring.

Mission

CREATING AND ADMINISTERING AN EMPLOYEE WELFARE BENEFIT PLAN FOR PARTICIPANTS AND BENEFICIARIES.

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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 $845,510

Investment Income $78

Other Revenue $0

TOTAL REVENUE $845,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $133,997

TOTAL EXPENSES $858,429

Year-over-Year Comparison

	2022	2021	Change
Revenue	$845,588	$3,164,705	-0.7%
Expenses	$858,429	$3,091,364	-0.7%
Net Income	$-12,841	$73,341	-1.2%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE ESBROOK	DIRECTOR	1.00	Director	$0	$0	$0
PAM MERLO	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE PRATT	DIRECTOR	1.00	Director	$0	$0	$0
ZACH HAAN	TREASURER	1.00	Officer Director	$0	$0	$0
JERRY WHITAKER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID MOLLITOR	CHAIRMAN	1.00	Officer 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
2022	$845,588	$858,429	$199,310	$-12,841
2021	$3,164,705	$3,091,364	$444,750	$73,341
2020	$2,318,301	$2,230,735	$147,334	$87,566
2019	$939,438	$922,528	$51,244	$16,910
2018	$497,027	$472,663	$34,334	$24,364

BUILDERS OF MICHIGAN HEALTH BENEFIT TRUST WELFARE BENEFIT PLAN