METROPOLITAN DC PAVING INDUSTRY EMPLOYEE HEALTH & WELFARE FUND

EIN: 526098777

COLUMBIA, MD

Total Revenue
$6,912,792
Total Expenses
$3,845,419
Total Assets
$29,016,083
Net Assets
$28,744,244
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
MD
Principal Officer
JULIO PALOMO
Phone
4108729500
Tax Period
2023-10-01 to 2024-09-30

METROPOLITAN DC PAVING INDUSTRY EMPLOYEE HEALTH & WELFARE FUND, founded in 1949, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.1M, a strong 44% operating margin.

Mission

THE ORGANIZATION IS MAINTAINED PURSUANT TO VARIOUS COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE METROPOLITAN DC PAVING, HIGHWAY AND CONSTRUCTION MATERIALS COUNCIL, AFL-CIO AND ITS AFFILIATED UNIONS, AND INDIVIDUAL EMPLOYERS, FOR THE PURPOSE OF PROVIDING GROUP LIFE, DISABILITY, HOSPITALIZATION, SURGICAL, MEDICAL AND VISION CARE BENEFITS FOR ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,545,460
Investment Income $1,149,077
Other Revenue $218,255
TOTAL REVENUE $6,912,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $651,699
TOTAL EXPENSES $3,845,419

Year-over-Year Comparison

2023 2022 Change
Revenue $6,912,792 $6,000,950 +0.2%
Expenses $3,845,419 $3,550,022 +0.1%
Net Income $3,067,373 $2,450,928 +0.3%
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

Sign In

Governance

Voting Members
6
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIO PALOMO UNION TRUSTEE 0.00
Director
$0 $0 $0
DENNIS FIFE UNION TRUSTEE 0.00
Director
$0 $0 $0
RALPH KEW EMPLOYER TRUSTEE 0.00
Director
$0 $0 $0
DANIEL MULLALLY EMPLOYER TRUSTEE 0.00
Director
$0 $0 $0
ALAN PARHAM UNION TRUSTEE 0.00
Director
$0 $0 $0
JAMIE BUCK UNION TRUSTEE 0.00
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
2024 $6,912,792 $3,845,419 $29,016,083 $3,067,373
2023 $6,000,950 $3,550,022 $23,099,493 $2,450,928
2022 $5,387,090 $3,799,234 $20,133,723 $1,587,856
2021 $5,438,400 $3,615,157 $22,132,748 $1,823,243
2020 $5,209,867 $4,625,726 $19,358,547 $584,141
2019 $4,623,601 $3,924,529 $17,678,192 $699,072
2018 $4,058,040 $4,170,605 $16,389,473 $-112,565
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare METROPOLITAN DC PAVING INDUSTRY EMPLOYEE HEALTH & WELFARE FUND with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.