UFCW-HAWAII FOOD EMPLOYERS HEALTH AND WELFARE TRUST FUND (EIN 010757287) - 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

2002

Legal Domicile

Principal Officer

PATRICK K LOO

Phone

8088417575

Tax Period

2023-01-01 to 2023-12-31

UFCW-HAWAII FOOD EMPLOYERS HEALTH AND WELFARE TRUST FUND, founded in 2002, is a mid-sized nonprofit in the Mutual Benefit sector that reported $23.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.8M, a strong 21% operating margin.

Mission

THE PLAN IS DESIGNED TO PROVIDE BENEFITS FOR ELIGIBLE PARTICIPANTS OF THE PLAN, SUCH AS MEDICAL, DENTAL, PRESCRIPTION DRUGS, CHIROPRACTIC, VISION AND LIFE INSURANCE.

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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 $23,084,506

Investment Income $420,976

Other Revenue $0

TOTAL REVENUE $23,505,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,257,494

TOTAL EXPENSES $18,682,498

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,505,482	$21,106,069	+0.1%
Expenses	$18,682,498	$20,125,083	-0.1%
Net Income	$4,822,984	$980,986	+3.9%

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

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
PATRICK K LOO	LABOR TRUSTEE	1.0	Director	$0	$0	$0
GWEN RULONA	LABOR TRUSTEE	1.0	Director	$0	$0	$0
PENNY SCHUMACHER	MANAGEMENT TRUSTEE	1.0	Director	$0	$0	$0
BRENT BOHN	MANAGEMENT TRUSTEE	1.0	Director	$0	$0	$0
FRANK JORGENSEN	MGMT TRUSTEE - PAST	1.0	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	$23,505,482	$18,682,498	$21,531,766	$4,822,984
2022	$21,106,069	$20,125,083	$16,984,006	$980,986
2021	$20,561,706	$15,990,461	$15,360,844	$4,571,245
2020	$19,754,323	$15,821,812	$11,514,989	$3,932,511
2019	$17,892,318	$18,170,585	$8,079,293	$-278,267
2018	$16,097,158	$16,806,959	$7,890,801	$-709,801

UFCW-HAWAII FOOD EMPLOYERS HEALTH AND WELFARE TRUST FUND