Teamsters Local No455 Health and Welfare Fund (EIN 846030963) - 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

1956

Legal Domicile

Principal Officer

Dana Rutz

Phone

3034301118

Tax Period

2024-03-01 to 2025-02-28

Teamsters Local No455 Health and Welfare Fund, founded in 1956, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2024. Expenses of $7.5M exceeded revenue, resulting in a 18% operating deficit.

Mission

To provide health and welfare benefits to eligible 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 $5,325,441

Investment Income $541,417

Other Revenue $450,826

TOTAL REVENUE $6,317,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $611,540

TOTAL EXPENSES $7,453,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,317,684	$6,130,419	+0.0%
Expenses	$7,453,991	$4,939,312	+0.5%
Net Income	$-1,136,307	$1,191,107	-2.0%

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

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
Dana Rutz	Trustee	1.00	Director	$0	$0	$0
Kim Iszkun	Trustee	1.00	Director	$0	$0	$0
Jason Abbott	Trustee	1.00	Director	$0	$0	$0
Herb Whitaker	Chairman	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
2025	$6,317,684	$7,453,991	$11,161,217	$-1,136,307
2024	$6,130,419	$4,939,312	$11,022,558	$1,191,107
2023	$5,659,974	$4,652,242	$9,079,160	$1,007,732
2022	$5,609,753	$6,103,548	$9,206,248	$-493,795
2021	$5,757,251	$5,958,215	$9,861,571	$-200,964
2020	$6,152,918	$4,762,692	$8,341,138	$1,390,226
2019	$5,777,199	$5,191,585	$7,218,833	$585,614

Teamsters Local No455 Health and Welfare Fund