T C Construction Company Inc Health and Welfare Insurance Trust (EIN 826901838) - 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

2018

Legal Domicile

Principal Officer

Jack Gieffels

Tax Period

2024-01-01 to 2024-12-31

T C Construction Company Inc Health and Welfare Insurance Trust, founded in 2018, is a community nonprofit in the Mutual Benefit sector that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $837K, a strong 26% operating margin.

Mission

The purpose of the Plan is to provide certain welfare benefits to eligible employees of the employer and their dependents.

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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 $3,256,862

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,256,862

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $317,643

TOTAL EXPENSES $2,419,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,256,862	$2,370,768	+0.4%
Expenses	$2,419,429	$2,552,733	-0.1%
Net Income	$837,433	$-181,965	-5.6%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jack Gieffels	Trustee	1.00	Director	$0	$0	$0
Angel Montenegro	Benefits Comm	1.00	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	$3,256,862	$2,419,429	$1,174,877	$837,433
2024	No data	No data	No data	No data
2023	$2,370,768	$2,552,733	$191,800	$-181,965
2022	$2,355,205	$2,722,447	$379,393	$-367,242
2021	$2,352,083	$2,456,726	$562,190	$-104,643
2020	$2,147,343	$2,047,697	$669,924	$99,646
2019	$2,003,245	$2,279,133	$486,631	$-275,888
2018	$2,131,751	$1,736,778	$670,940	$394,973

T C Construction Company Inc Health and Welfare Insurance Trust