IBEW LOCAL 317 SUPPLEMENTAL HEALTH BENEFIT & TRUST FUND (EIN 550751125) - 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

1996

Legal Domicile

Principal Officer

RALPH DAWSON

Phone

3045250331

Tax Period

2022-09-01 to 2023-08-31

IBEW LOCAL 317 SUPPLEMENTAL HEALTH BENEFIT & TRUST FUND, founded in 1996, is a community nonprofit in the Mutual Benefit sector that reported $1.8M in total revenue in fiscal year 2022. Net assets of $8.7M represent 57 months of operating reserves.

Mission

TO HELP DEFRAY AND LESSEN THE COST OF HEALTH INSURANCE COVERAGE TO RETIRED OR DISABLED PARTICIPANTS

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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 $1,619,565

Investment Income $195,854

Other Revenue $0

TOTAL REVENUE $1,815,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,697,131

Other Expenses $95,248

TOTAL EXPENSES $1,792,379

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,815,419	$1,874,683	0.0%
Expenses	$1,792,379	$1,595,542	+0.1%
Net Income	$23,040	$279,141	-0.9%

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

$479

Total Directors

$753

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RALPH DAWSON	CHAIRMAN	5.00	Officer Director	$479	$0	$479
MATT SIMMS	TRUSTEE	5.00	Director	$0	$0	$0
CHESTER HUDSON	TRUSTEE	5.00	Director	$274	$0	$274
TOM BRALEY	SECRETARY	5.00	Officer Director	$0	$0	$0
CHARLES WOLFE	TRUSTEE	5.00	Director	$0	$0	$0
STEPHEN STACKS	TRUSTEE	5.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,815,419	$1,792,379	$8,694,620	$23,040
2022	$1,874,683	$1,595,542	$8,584,683	$279,141
2021	$1,862,605	$1,382,280	$8,928,244	$480,325
2020	$1,697,849	$1,241,029	$8,091,559	$456,820
2019	$1,630,510	$1,146,543	$7,512,227	$483,967
2018	$1,504,225	$1,094,056	$6,570,620	$410,169

IBEW LOCAL 317 SUPPLEMENTAL HEALTH BENEFIT & TRUST FUND