METROPOLITAN DC PAVING INDUSTRY EM… - Form 990 Financial Data

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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

1949

Legal Domicile

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

NONE

Program Service Accomplishments

Program 1

THE FUND PROVIDED GROUP LIFE, DISABILITY, HOSPITALIZATION, SURGICAL ,MEDICAL, VISION AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS UNDER VARIOUS COLLECTIVE BARGAINING AGREEMENTS.

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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 (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

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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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JULIO PALOMO	UNION TRUSTEE	Director	$0	$0	$0
DENNIS FIFE	UNION TRUSTEE	Director	$0	$0	$0
RALPH KEW	EMPLOYER TRUSTEE	Director	$0	$0	$0
DANIEL MULLALLY	EMPLOYER TRUSTEE	Director	$0	$0	$0
ALAN PARHAM	UNION TRUSTEE	Director	$0	$0	$0
JAMIE BUCK	UNION TRUSTEE	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	No data	No data	No data	No data
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

METROPOLITAN DC PAVING INDUSTRY EMPLOYEE HEALTH & WELFARE FUND