SCHOOL DISTRICT NO 1 HEALTH AND WELFARE TRUST FUND (EIN 936090239) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

LIGENA HEIN

Phone

5034862108

Tax Period

2023-01-01 to 2023-12-31

SCHOOL DISTRICT NO 1 HEALTH AND WELFARE TRUST FUND, founded in 1972, is a major nonprofit that reported $106.7M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTH AND LIFE INSURANCE BENFITS TO PARTICIPANTS, AS DEFINED IN VARIOUS COLLECTIVE BARGAINING AGREEMNETS, AND THEIR ELIGIBLE SPOUSES AND DEPENDENTS IN ACCORDANCE WITH THE TERMS OF THE BENEFIT PLANS OFFERED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $105,759,339

Investment Income $922,949

Other Revenue $0

TOTAL REVENUE $106,682,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,607,307

TOTAL EXPENSES $108,476,117

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,682,288	$105,365,188	+0.0%
Expenses	$108,476,117	$101,846,255	+0.1%
Net Income	$-1,793,829	$3,518,933	-1.5%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSS PETERSON	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE BATTEN	TRUST CO-CHA	1.00	Officer Director	$0	$0	$0
GWEN SULLIVAN	TRUST CO-CHA	1.00	Officer Director	$0	$0	$0
LIGENA HEIN	TRUST CHAIR	1.00	Director	$0	$0	$0
STACEY LUKAS	TUSTEE	1.00	Director	$0	$0	$0
NAHIR PEREZ	TRUSTEE	1.00	Director	$0	$0	$0
DAVID DONACHIE	TRUSTEE	1.00	Director	$0	$0	$0
JENNIE JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN HALBERG	TRUSTEE	1.00	Director	$0	$0	$0
TAMMY ADAMS	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	No data	No data	No data	No data
2023	$106,682,288	$108,476,117	$35,024,397	$-1,793,829
2022	$105,365,188	$101,846,255	$33,799,314	$3,518,933
2021	$102,437,300	$100,464,725	$35,939,491	$1,972,575
2020	$91,465,905	$88,994,297	$33,999,161	$2,471,608
2020	$90,617,983	$88,267,507	$33,999,161	$2,350,476
2019	$89,243,404	$90,873,036	$29,141,072	$-1,629,632
2018	$90,985,758	$89,407,011	$30,583,727	$1,578,747

SCHOOL DISTRICT NO 1 HEALTH AND WELFARE TRUST FUND