WESTERN STATES INSUL AND ALLIED WORKERS HEALTH PLAN (EIN 946170245) - 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

1967

Legal Domicile

Principal Officer

MICHAEL PATTERSON

Phone

8003200184

Tax Period

2023-01-01 to 2023-12-31

WESTERN STATES INSUL AND ALLIED WORKERS HEALTH PLAN, founded in 1967, is a micro nonprofit that reported $48K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $288K exceeded revenue, resulting in a 506% operating deficit.

Mission

TO PROVIDE PERIODIC MEDICAL EXAMINATION AND DISABILITY BENEFITS TO PARTICIPANTS 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $44,354

Investment Income $3,155

Other Revenue $0

TOTAL REVENUE $47,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $152,230

TOTAL EXPENSES $287,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,509	$40,811	+0.2%
Expenses	$287,848	$132,401	+1.2%
Net Income	$-240,339	$-91,590	+1.6%

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

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
MICHAEL PATTERSON	CHAIRMAN	0.5	Director	$0	$0	$0
RICK SUTPHIN	CO-CHAIRMAN	0.5	Director	$0	$0	$0
ERIC FULTS	TRUSTEE	0.5	Director	$0	$0	$0
CRAIG SKEIE	TRUSTEE	0.5	Director	$0	$0	$0
RICHARD CHAMBERLAIN	TRUSTEE	0.5	Director	$0	$0	$0
MATTHEW GONZALES	TRUSTEE	0.5	Director	$0	$0	$0
GREG ZEVELY	TRUSTEE	0.5	Director	$0	$0	$0
DANIEL HAGUEWOOD	TRUSTEE	0.5	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	No data	No data	No data	No data
2023	$47,509	$287,848	$1,201,977	$-240,339
2022	$40,811	$132,401	$1,401,199	$-91,590
2021	$40,832	$253,154	$1,609,742	$-212,322
2020	$45,906	$309,977	$1,795,595	$-264,071
2019	$355,288	$292,157	$2,042,800	$63,131
2018	$462,950	$292,248	$2,007,422	$170,702

WESTERN STATES INSUL AND ALLIED WORKERS HEALTH PLAN