INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS DEATH BENEFIT TRUST FUND (EIN 921046868) - 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

2023

Legal Domicile

Principal Officer

FRANK CHRISTENSEN

Phone

4109536150

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS DEATH BENEFIT TRUST FUND, founded in 2023, is a community nonprofit in the Mutual Benefit sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

THE EXEMPT PURPOSE IS PROVIDING BENEFITS IN THE FORM OF LIFE BENEFITS PAYABLE TO PARTICIPANTS' BENEFICIARIES UPON THE DEATH OF THE PARTICIPANTS WHILE ON THE JOB; PAYING COSTS AND EXPENSES OF THE TRUST IN THE OPERATION AND ADMINISTRATION OF THE TRUST FUND IN ACCORDANCE WITH THE TRUST AGREEMENT; AND MAKING ANY OTHER PAYMENTS AUTHORIZED BY THE TRUST AGREEMENT.

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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 $1,475,028

Investment Income $3,623

Other Revenue $0

TOTAL REVENUE $1,478,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,478,651	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	N/A	N/A

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

$1,822,735

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK J CHRISTENSEN	CHAIRMAN AND TRUSTEE	2.00	Director	$0	$195,277	$633,941
JAMES K BENDER II	TRUSTEE	2.00	Director	$0	$185,258	$594,106
LARRY J MCGANN	SECRETARY AND TRUSTEE	2.00	Director	$0	$185,258	$594,688

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	No data	No data	No data	No data
2023	$1,478,651	No data	$1,478,651	No data

INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS DEATH BENEFIT TRUST FUND