UFCW Local 1000 Oklahoma Health and Welfare Fund (EIN 020642001) - 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

Phone

8008425899

Tax Period

2023-01-01 to 2023-12-31

UFCW Local 1000 Oklahoma Health and Welfare Fund, founded in 2002, is a community nonprofit in the Mutual Benefit sector that reported $9.2M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

The Funds purpose is to provide health and welfare benefits to eligible participants and their dependents under terms a collective bargaining agreement between the employer and UFCW Local 1000

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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 $8,978,208

Investment Income $215,561

Other Revenue $0

TOTAL REVENUE $9,193,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,930,945

Other Expenses $1,500,354

TOTAL EXPENSES $8,930,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,193,769	$9,977,909	-0.1%
Expenses	$8,930,945	$9,259,360	0.0%
Net Income	$262,824	$718,549	-0.6%

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
Ricky Burris	Union Trustee	001.00	Director	$0	$0	$0
Al Friesen	Employer Trustee	001.00	Director	$0	$0	$0
Paula Labian	Employer Trustee	001.00	Director	$0	$0	$0
Jennifer Foley	Union Trustee	001.00	Officer 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	$9,193,769	$8,930,945	$12,402,918	$262,824
2022	$9,977,909	$9,259,360	$11,757,686	$718,549
2021	$12,357,962	$9,631,952	$11,637,456	$2,726,010
2020	$12,159,442	$8,628,161	$8,410,488	$3,531,281
2019	$11,031,090	$8,146,236	$4,877,022	$2,884,854
2018	$10,505,513	$10,020,636	$2,891,198	$484,877

UFCW Local 1000 Oklahoma Health and Welfare Fund