PLUMBERS & STEAMFITTERS LOCAL NO 177 HEALTH & WELFARE FUND (EIN 580665496) - 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

1957

Legal Domicile

Principal Officer

ROGER JOHNSON

Phone

6158590131

Tax Period

2024-08-01 to 2025-07-31

PLUMBERS & STEAMFITTERS LOCAL NO 177 HEALTH & WELFARE FUND, founded in 1957, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $553K, a strong 20% operating margin.

Mission

PROVISION OF BENEFITS TO 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,571,491

Investment Income $213,435

Other Revenue $31,432

TOTAL REVENUE $2,816,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,267

Fundraising Expenses $0

Other Expenses $367,518

TOTAL EXPENSES $2,263,060

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,816,358	$2,495,739	+0.1%
Expenses	$2,263,060	$1,952,099	+0.2%
Net Income	$553,298	$543,640	+0.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY CLEMMONS	TRUSTEE	2.00	Director	$0	$0	$0
ROGER JOHNSON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
CHRIS M OWENS	SECRETARY	2.00	Officer Director	$0	$0	$0
WESLEY STANFIELD	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
2025	$2,816,358	$2,263,060	$5,616,120	$553,298
2024	No data	No data	No data	No data
2023	$2,263,309	$1,513,858	$4,304,071	$749,451
2022	$2,304,846	$1,753,457	$3,656,571	$551,389
2021	$2,100,177	$1,586,655	$3,057,056	$513,522
2020	$2,365,821	$1,258,439	$2,501,322	$1,107,382
2019	$1,838,240	$1,392,954	$1,505,248	$445,286
2018	$1,587,803	$2,052,770	$1,218,967	$-464,967

PLUMBERS & STEAMFITTERS LOCAL NO 177 HEALTH & WELFARE FUND