AUTOMOTIVE INDUSTRIES WELFARE FUND (EIN 946078226) - 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

1956

Legal Domicile

Principal Officer

TOM DILLON

Phone

8006353105

Tax Period

2024-01-01 to 2024-12-31

AUTOMOTIVE INDUSTRIES WELFARE FUND, founded in 1956, is a mid-sized nonprofit that reported $57.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS IN A MULTIEMPLOYER PLAN.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $54,867,616

Investment Income $2,129,758

Other Revenue $0

TOTAL REVENUE $56,997,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,704

Fundraising Expenses $0

Other Expenses $2,757,886

TOTAL EXPENSES $59,249,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,997,374	$55,980,763	+0.0%
Expenses	$59,249,662	$58,187,894	+0.0%
Net Income	$-2,252,288	$-2,207,131	+0.0%

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

N/A

Employees

125

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
CHARLES BESOCKE	FUND MANAGER	40.0	Highest	$200,562	$69,930	$270,492
DON CROSATTO	TRUSTEE	1.0	Director	$0	$0	$0
RICH MORALES	TRUSTEE	1.0	Director	$0	$0	$0
TOM DILLON	CO-CHAIR	1.0	Director	$0	$0	$0
STEVE SOWINSKI	TRUSTEE	1.0	Director	$0	$0	$0
JIM SCHWANTZ	TRUSTEE	1.0	Director	$0	$0	$0
MARK MARTIN	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL HENNEBERRY	TRUSTEE	1.0	Director	$0	$0	$0
ROBERT GARCIA	TRUSTEE	1.0	Director	$0	$0	$0
SEE SCHEDULE 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
2024	$56,997,374	$59,249,662	$51,720,947	$-2,252,288
2023	$55,980,763	$58,187,894	$50,944,275	$-2,207,131
2022	$48,070,898	$47,915,672	$49,092,969	$155,226
2021	$54,542,425	$52,281,754	$55,942,659	$2,260,671
2020	$55,897,407	$48,754,598	$49,462,087	$7,142,809
2019	$56,467,482	$53,026,844	$41,178,897	$3,440,638
2018	$56,538,216	$54,498,819	$35,555,512	$2,039,397

AUTOMOTIVE INDUSTRIES WELFARE FUND