LOCAL UNION 317 VACATION FUND C/O AMERICAN BENEFIT CORPORATION (EIN 556062828) - 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

1973

Legal Domicile

Principal Officer

MATT SIMMS

Phone

3045250331

Tax Period

2024-01-01 to 2024-12-31

LOCAL UNION 317 VACATION FUND C/O AMERICAN BENEFIT CORPORATION, founded in 1973, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE VACATION BENEFITS TO MEMBER ELECTRICIANS

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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 $3,984,327

Investment Income $42,331

Other Revenue $0

TOTAL REVENUE $4,026,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,026,658

Other Expenses $42,651

TOTAL EXPENSES $4,026,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,026,658	$3,873,574	+0.0%
Expenses	$4,026,658	$3,873,574	+0.0%
Net Income	$0	$0	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN ADKINS	SECRETARY	2.00	Officer Director	$0	$0	$0
SHANE WOLFE	TRUSTEE	2.00	Director	$0	$0	$0
MATT SIMMS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
THOMAS BRALEY	TRUSTEE	2.00	Director	$0	$0	$0
CLAY COCHRANE	TRUSTEE	2.00	Director	$0	$0	$0
STEPHEN STACKS	TRUSTEE	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
2024	$4,026,658	$4,026,658	$2,206,912	No data
2023	$3,873,574	$3,873,574	$1,948,152	No data
2022	$3,578,291	$3,578,291	$2,023,252	No data
2021	$3,083,466	$3,083,466	$1,702,693	No data
2020	$3,286,670	$3,286,670	$1,840,639	No data
2019	$3,593,986	$3,593,986	$1,926,416	No data
2018	$2,980,009	$2,980,009	$1,695,875	No data

LOCAL UNION 317 VACATION FUND C/O AMERICAN BENEFIT CORPORATION