UNION WORKERS BENEFITS TRUST (EIN 010501407) - 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

1995

Legal Domicile

Principal Officer

GLENN BURROUGHS

Phone

2074435566

Tax Period

2023-10-01 to 2024-09-30

UNION WORKERS BENEFITS TRUST, founded in 1995, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2023.

Mission

TO PROVIDE INSURANCE BENEFITS TO ELIGIBLE MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,579,023

Investment Income $36,357

Other Revenue $0

TOTAL REVENUE $5,615,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $344,314

TOTAL EXPENSES $5,723,517

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,615,380	$5,224,310	+0.1%
Expenses	$5,723,517	$5,334,870	+0.1%
Net Income	$-108,137	$-110,560	0.0%

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
GLENN BURROUGHS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TRENT VELLELLA	CO CHAIR	1.00	Officer Director	$0	$0	$0
DONYULE RECTOR	TRUSTEE	1.00	Director	$0	$0	$0
ALLYCE PEPIN	TRUSTEE	1.00	Director	$0	$0	$0
LORRAINE BEAULIEU	TRUSTEE	1.00	Director	$0	$0	$0
BRITNI BEAULIEU	TRUSTEE	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
2024	$5,615,380	$5,723,517	$2,110,073	$-108,137
2023	$5,224,310	$5,334,870	$2,041,822	$-110,560
2022	$5,593,355	$5,597,556	$2,127,206	$-4,201
2021	$5,137,717	$4,981,416	$2,342,755	$156,301
2020	$4,305,721	$4,055,244	$1,757,619	$250,477
2019	$4,398,073	$4,305,521	$1,694,063	$92,552
2018	$4,115,584	$4,013,166	$1,568,362	$102,418

UNION WORKERS BENEFITS TRUST