UA LOCAL 350 HEALTH WELFARE AND VACATION TRUST (EIN 886003301) - 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

1965

Legal Domicile

Principal Officer

CRAIG MADOLE

Phone

7758267200

Tax Period

2023-09-01 to 2024-08-31

UA LOCAL 350 HEALTH WELFARE AND VACATION TRUST, founded in 1965, is a mid-sized nonprofit that reported $15.1M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HEALTH, WELFARE AND VACATION BENEFITS FOR THE PLAN'S 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $14,018,580

Investment Income $192,537

Other Revenue $936,228

TOTAL REVENUE $15,147,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $640,035

TOTAL EXPENSES $15,740,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,147,345	$13,098,738	+0.2%
Expenses	$15,740,489	$14,367,235	+0.1%
Net Income	$-593,144	$-1,268,497	-0.5%

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

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

$224,297

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG MADOLE	CO-CHAIRMAN	1.00	Director	$0	$0	$0
KALANI KANEKOA	CHAIRMAN	1.00	Director	$0	$0	$224,297
MICHAEL W SCOLARI	TRUSTEE	0.50	Director	$0	$0	$0
CHUCK BEAUPRE	TRUSTEE	0.50	Director	$0	$0	$0
BOB GARDNER	TRUSTEE	0.50	Director	$0	$0	$0
JOHN MADOLE	TRUSTEE	1.00	Director	$0	$0	$0
CAMERON CHAMBERLAIN	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW MALDONADO	TRUSTEE	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	$15,147,345	$15,740,489	$6,214,205	$-593,144
2023	$13,098,738	$14,367,235	$6,384,960	$-1,268,497
2022	$11,535,179	$11,818,128	$7,620,111	$-282,949
2021	$10,712,242	$10,860,346	$8,352,578	$-148,104
2020	$11,238,501	$12,020,732	$8,227,931	$-782,231
2019	$11,124,666	$10,387,214	$8,894,662	$737,452
2018	$11,438,993	$9,997,394	$8,284,065	$1,441,599

UA LOCAL 350 HEALTH WELFARE AND VACATION TRUST