ROOFERS HEALTH & WELFARE TRUST FUN… - Form 990 Financial Data

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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

1959

Legal Domicile

Principal Officer

MANUEL DE SANTIAGO III

Phone

4082884400

Tax Period

2024-08-01 to 2025-07-31

ROOFERS HEALTH & WELFARE TRUST FUND OF NORTHERN CALIFORNIA, founded in 1959, is a mid-sized nonprofit that reported $41.0M in total revenue in fiscal year 2024. Expenses of $39.8M left a modest 3% surplus.

Mission

THE PURPOSE OF THIS TRUST IS TO COLLECT EMPLOYER AND PARTICIPANT CONTRIBUTIONS FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Program Service Accomplishments

Program 1

PROVIDING HEALTH BENEFITS TO 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $40,080,412

Investment Income $924,553

Other Revenue $0

TOTAL REVENUE $41,004,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $866,848

TOTAL EXPENSES $39,753,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,004,965	$38,807,297	+0.1%
Expenses	$39,753,302	$32,009,641	+0.2%
Net Income	$1,251,663	$6,797,656	-0.8%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS OPFERMANN	TRUSTEE	5.0	Director	$0	$0	$0
DANIEL GARCIA	TRUSTEE	5.0	Director	$0	$0	$0
LEO IBARRA	TRUSTEE	5.0	Director	$0	$0	$0
MANUEL DE SANTIAGO	TRUSTEE	5.0	Director	$0	$0	$0
MICHAEL LI	TRUSTEE	5.0	Director	$0	$0	$0
MORGAN MOLDE	TRUSTEE	5.0	Director	$0	$0	$0
PETER LANG	TRUSTEE	5.0	Director	$0	$0	$0
RICHARD J LAWSON	TRUSTEE	5.0	Director	$0	$0	$0
ROBERT RIOS	TRUSTEE	5.0	Director	$0	$0	$0
SALVADOR RICO	TRUSTEE	5.0	Director	$0	$0	$0
STEVE HENRIS	TRUSTEE	5.0	Director	$0	$0	$0
STEVE REARDON	TRUSTEE	5.0	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	$41,004,965	$39,753,302	$43,519,992	$1,251,663
2024	$38,807,297	$32,009,641	$40,983,766	$6,797,656
2023	$37,660,789	$36,206,680	$35,664,358	$1,454,109
2022	$35,435,713	$37,180,405	$35,589,741	$-1,744,692
2021	$40,409,759	$38,564,975	$38,032,637	$1,844,784
2020	$42,548,888	$37,597,009	$35,756,780	$4,951,879
2019	$39,284,330	$32,588,913	$28,885,391	$6,695,417
2018	$33,437,952	$27,977,145	$18,691,370	$5,460,807

ROOFERS HEALTH & WELFARE TRUST FUND OF NORTHERN CALIFORNIA