IRONWORKERS LOCAL 92 HEALTH & WELFARE FUND

EIN: 630730024

BIRMINGHAM, AL

Total Revenue
$2,117,299
Total Expenses
$10,131,171
Total Assets
N/A
Net Assets
N/A
🔒

Tuckman-Chang Vulnerability Assessment

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
1977
Legal Domicile
AL
Principal Officer
JAMES L BOWLEN
Phone
2053232205
Tax Period
2021-01-01 to 2021-12-31

IRONWORKERS LOCAL 92 HEALTH & WELFARE FUND, founded in 1977, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2018.

Mission

PROVIDE HEALTH, HOSPITAL, MAJOR MEDICAL, AND ACCIDENT & SICKNESS BENEFITS TO MEMBERS FOR THE IRONWORKERS LOCAL UNION NO. 92.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,014,466
Investment Income $102,373
Other Revenue $460
TOTAL REVENUE $2,117,299

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,102
Fundraising Expenses $0
Other Expenses $8,962,977
TOTAL EXPENSES $10,131,171

Year-over-Year Comparison

2021 2020 Change
Revenue $2,117,299 $4,164,443 -0.5%
Expenses $10,131,171 $2,558,468 +3.0%
Net Income $-8,013,872 $1,605,975 -6.0%
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
1
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
LEE BAILEY SECRETARY 2.00
Director
$0 $0 $0
JAMES L BOWLEN CHAIRMAN 2.00
Director
$0 $0 $0
FRED B MADDOX TRUSTEE 2.00
Director
$0 $0 $0
THOMAS MATHIS TRUSTEE 2.00
Director
$0 $0 $0
WENDELL MCABEE TRUSTEE 2.00
Director
$0 $0 $0
GAVIN RATHBONE 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
2021 $2,117,299 $10,131,171 No data $-8,013,872
2020 $4,164,443 $2,558,468 $9,751,469 $1,605,975
2019 $4,655,299 $5,103,177 $8,866,572 $-447,878
2018 $4,240,947 $4,272,829 $9,097,922 $-31,882
Explore More Nonprofits
→Top 100 Nonprofits in Alabama →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare IRONWORKERS LOCAL 92 HEALTH & WELFARE FUND with other nonprofits in Alabama 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.