LABORERS' NATIONAL HEALTH & WELFARE FUND (EIN 521601994) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

MICHAEL F SABITONI

Phone

2027371664

Tax Period

2025-01-01 to 2025-12-31

LABORERS' NATIONAL HEALTH & WELFARE FUND, founded in 1989, is a mid-sized nonprofit that reported $36.6M in total revenue in fiscal year 2025. Expenses of $34.4M left a modest 6% surplus.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES OF EMPLOYERS OBLIGATED TO CONTRIBUTE TO THE FUND UNDER COLLECTIVE BARGAINING AGREEMENTS WITH THE LABORERS' INTERNATIONAL UNION OF NORTH AMERICA (LIUNA) AND LIUNA AFFILIATES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $30,741,604

Investment Income $5,630,382

Other Revenue $267,908

TOTAL REVENUE $36,639,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $512,949

Fundraising Expenses $0

Other Expenses $1,922,327

TOTAL EXPENSES $34,413,374

Year-over-Year Comparison

	2025	2024	Change
Revenue	$36,639,894	$33,974,179	+0.1%
Expenses	$34,413,374	$33,398,427	+0.0%
Net Income	$2,226,520	$575,752	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$919,684

Total Directors

$2,843,767

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL F SABITONI	TRUSTEE, CO-CHAIRMAN	2.00	Officer Director	$0	$252,131	$919,684
DENNIS L MARTIRE	TRUSTEE THOUGH JUL. 25	2.00	Director	$0	$137,640	$518,614
DAVID A FRYE	TRUSTEE	2.00	Director	$0	$194,867	$658,673
JAMES F GROSSO	TRUSTEE, CO-CHAIRMAN	2.00	Officer Director	$0	$0	$0
MARCELLO GARZA	TRUSTEE THROUGH APR. 25	2.00	Director	$0	$0	$0
SHAVILA SINGH	TRUSTEE	2.00	Director	$0	$0	$0
DAVID BEAVER	TRUSTEE	2.00	Director	$0	$0	$0
STEPHEN E FARNER	TRUSTEE	2.00	Director	$0	$196,834	$684,014
RYAN N BOYER SR	TRUSTEE EFF. NOV. 25	2.00	Director	$0	$14,114	$62,782
KAPIL PUNDIR	TRUSTEE EFF. NOV. 25	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
2025	$36,639,894	$34,413,374	$82,104,901	$2,226,520
2024	$33,974,179	$33,398,427	$80,775,062	$575,752
2023	$31,782,722	$31,796,699	$72,619,771	$-13,977
2022	$31,619,101	$31,975,582	$67,544,557	$-356,481
2021	$34,681,780	$32,486,817	$79,036,293	$2,194,963
2020	$31,901,031	$34,268,265	$76,322,934	$-2,367,234
2019	$33,257,779	$31,372,316	$73,559,919	$1,885,463
2018	$31,655,456	$32,380,212	$65,505,856	$-724,756

LABORERS' NATIONAL HEALTH & WELFARE FUND