LABORERS HEALTH & WELFARE TRUST FUND FOR NORTHERN CALIFORNIA (EIN 941235152) - 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

1953

Legal Domicile

Principal Officer

OSCAR DE LA TORRE

Phone

7078642800

Tax Period

2024-06-01 to 2025-05-31

LABORERS HEALTH & WELFARE TRUST FUND FOR NORTHERN CALIFORNIA, founded in 1953, is a major nonprofit that reported $470.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN THIS MULTIEMPLOYER PLAN.

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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 $442,113,668

Investment Income $27,809,665

Other Revenue $117,965

TOTAL REVENUE $470,041,298

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $21,820,528

TOTAL EXPENSES $484,500,536

Year-over-Year Comparison

	2024	2023	Change
Revenue	$470,041,298	$445,062,944	+0.1%
Expenses	$484,500,536	$424,974,673	+0.1%
Net Income	$-14,459,238	$20,088,271	-1.7%

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
Bill Koponen	Co-Chairman	1.0	Officer Director	$0	$0	$0
Oscar De LA Torre	Chairman	1.0	Officer Director	$0	$0	$0
ENRIQUE ARGUELLO	Trustee	1.0	Director	$0	$0	$0
FERNANDO ESTRADA	Trustee	1.0	Director	$0	$0	$0
Brian Gardner	Trustee	1.0	Director	$0	$0	$0
David Gorgas	Trustee - TERM. 7/2024	1.0	Director	$0	$0	$0
Ramon Hernandez	Trustee	1.0	Director	$0	$0	$0
KURT KNIFFIN	trustee	1.0	Director	$0	$0	$0
JERRY OVERAA	Trustee	1.0	Director	$0	$0	$0
JAMES TROUP	Trustee	1.0	Director	$0	$0	$0
DAVID THOMAS	TRUSTEE - EFF. 8/2024	1.0	Director	$0	$0	$0
SEE SCH O FOR COMPENSATION	PAID BY RELATED ORGANIZATIONS	0.0	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	$470,041,298	$484,500,536	$494,431,752	$-14,459,238
2024	$445,062,944	$424,974,673	$499,734,932	$20,088,271
2023	$414,784,713	$426,194,782	$439,642,506	$-11,410,069
2022	$419,401,531	$390,921,666	$444,442,259	$28,479,865
2021	$404,716,762	$431,799,763	$463,185,777	$-27,083,001
2020	$401,351,689	$356,184,111	$399,760,082	$45,167,578
2019	$404,610,122	$375,255,368	$363,613,686	$29,354,754
2018	$380,850,793	$328,028,203	$334,944,683	$52,822,590

LABORERS HEALTH & WELFARE TRUST FUND FOR NORTHERN CALIFORNIA