INDUSTRIAL EMPLOYERS AND DISTRIBUTORS ASSOC HEALTH AND WELFARE AND LIFE INS (EIN 946064474) - 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

1988

Legal Domicile

Principal Officer

STACEY CUE

Phone

5106536765

Tax Period

2021-01-01 to 2021-11-30

INDUSTRIAL EMPLOYERS AND DISTRIBUTORS ASSOC HEALTH AND WELFARE AND LIFE INS, founded in 1988, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2021. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 44% operating deficit.

Mission

PROVIDE HEALTH AND WELFARE AND LIFE INSURANCE BENEFITS TO PARTICIPANTS AND THEIR DEPENDENTS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,395,958

Investment Income $39

Other Revenue $746

TOTAL REVENUE $2,396,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $206,085

TOTAL EXPENSES $3,440,755

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,396,743	$4,304,862	-0.4%
Expenses	$3,440,755	$5,097,917	-0.3%
Net Income	$-1,044,012	$-793,055	+0.3%

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
GENNIFER TATE	TRUSTEE	0.20	Director	$0	$0	$0
JAMES FARMER	TRUSTEE	0.20	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
2021	$2,396,743	$3,440,755	No data	$-1,044,012
2020	$4,304,862	$5,097,917	$1,469,761	$-793,055
2019	$4,807,745	$5,503,050	$2,354,478	$-695,305
2018	$4,478,078	$4,833,426	$3,009,900	$-355,348

INDUSTRIAL EMPLOYERS AND DISTRIBUTORS ASSOC HEALTH AND WELFARE AND LIFE INS