MASONS' HEALTH AND WELFARE TRUST FUND

EIN: 996014747

HONOLULU, HI

Total Revenue
$15,438,764
Total Expenses
$14,444,718
Total Assets
$14,982,323
Net Assets
$14,727,150
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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
1967
Legal Domicile
HI
Principal Officer
PETER IRIARTE MICHAEL M
Phone
8085230199
Tax Period
2024-03-01 to 2025-02-28

MASONS' HEALTH AND WELFARE TRUST FUND, founded in 1967, is a mid-sized nonprofit that reported $15.4M in total revenue in fiscal year 2024. Expenses of $14.4M left a modest 6% surplus.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO INDIVIDUALS SATISFYING ELIGIBILITY REQUIREMENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,998,554
Investment Income $440,210
Other Revenue $0
TOTAL REVENUE $15,438,764

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,229,975
TOTAL EXPENSES $14,444,718

Year-over-Year Comparison

2024 2023 Change
Revenue $15,438,764 $15,123,111 +0.0%
Expenses $14,444,718 $15,324,627 -0.1%
Net Income $994,046 $-201,516 -5.9%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
13

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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER T IRIARTE LABOR TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY ORNELLAS LABOR TRUSTEE 1.00
Director
$0 $0 $0
MAXCIMO MANIPON LABOR TRUSTEE 1.00
Director
$0 $0 $0
PETER J IRIARTE LABOR TRUSTEE 1.00
Director
$0 $0 $0
PATRICK CORONAS LABOR TRUSTEE 1.00
Director
$0 $0 $0
CLAUDE MATSUMOTO MANAGEMENT TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL MAZZONE MANAGEMENT TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL INOUYE MANAGEMENT TRUSTEE 1.00
Director
$0 $0 $0
SCOTT MCFARLANE MANAGEMENT TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM GILES MANAGEMENT TRUSTEE 1.00
Director
$0 $0 $0
FRANCIS PASCUAL MANAGEMENT TRUSTEE (ALT) 1.00
Director
$0 $0 $0
IKAIKA CASTILLO LABOR TRUSTEE (ALT) 1.00
Director
$0 $0 $0
OCEAN KIM MANAGEMENT TRUSTEE (ALT) 1.00
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 $15,438,764 $14,444,718 $14,982,323 $994,046
2024 $15,368,563 $15,008,421 $13,959,219 $360,142
2024 $15,123,111 $15,324,627 $13,589,865 $-201,516
2023 $15,679,432 $15,912,757 $13,206,387 $-233,325
2022 $15,688,399 $16,473,700 $14,209,235 $-785,301
2021 $15,419,632 $15,735,162 $15,329,287 $-315,530
2020 $15,542,900 $15,036,438 $15,442,961 $506,462
2019 $14,689,877 $19,732,819 $14,599,545 $-5,042,942
2018 $14,570,471 $21,267,381 $19,594,726 $-6,696,910
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