ALASKA PUBLIC SERVICE EMPLOYEES LOCAL UNION NO 71 TRUST FUND (EIN 510200917) - 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

1976

Legal Domicile

Principal Officer

WILLIAM MEERS

Phone

9072767611

Tax Period

2024-05-01 to 2025-04-30

ALASKA PUBLIC SERVICE EMPLOYEES LOCAL UNION NO 71 TRUST FUND, founded in 1976, is a mid-sized nonprofit that reported $35.6M in total revenue in fiscal year 2024.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO QUALIFIED PARTICIPANTS AS SPECIFIED IN THE PLAN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $33,873,809

Investment Income $1,676,799

Other Revenue $19,402

TOTAL REVENUE $35,570,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,368,242

TOTAL EXPENSES $35,281,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,570,010	$35,446,867	+0.0%
Expenses	$35,281,915	$35,631,706	0.0%
Net Income	$288,095	$-184,839	-2.6%

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

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

$426,572

Total Directors

$538,706

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM MEERS	CHAIRMAN	1.00	Officer Director	$0	$62,755	$191,461
JORDAN ADAMS	CHAIRMAN (OUTGOING)	1.00	Officer Director	$0	$71,371	$235,111
DESIREE WILSON	TRUSTEE	1.00	Director	$0	$0	$0
KRISTINA ROCHE	TRUSTEE	1.00	Director	$0	$0	$0
TRACY SMITH	TRUSTEE	1.00	Director	$0	$0	$0
MERRILL RICE	TRUSTEE	1.00	Director	$0	$0	$0
KYLE PERRY	TRUSTEE (OUTGOING)	1.00	Director	$0	$36,526	$112,134

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	$35,570,010	$35,281,915	$57,421,117	$288,095
2024	$35,446,867	$35,631,706	$55,547,844	$-184,839
2023	$34,903,641	$30,437,905	$54,887,764	$4,465,736
2022	$35,793,755	$32,125,022	$50,903,786	$3,668,733
2021	$37,114,395	$30,761,782	$50,243,566	$6,352,613
2020	$37,348,320	$34,040,265	$40,313,865	$3,308,055
2020	$37,554,602	$34,031,845	$40,528,567	$3,522,757
2019	$39,457,346	$34,025,348	$39,768,550	$5,431,998
2019	$39,457,346	$35,064,195	$39,768,549	$4,393,151
2018	$38,789,968	$36,269,924	$34,448,649	$2,520,044

ALASKA PUBLIC SERVICE EMPLOYEES LOCAL UNION NO 71 TRUST FUND