TEAMSTERS LOCAL 170 HEALTH AND WELFARE FUND (EIN 042219623) - 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

1954

Legal Domicile

Principal Officer

SHANNON GEORGE

Phone

5087913416

Tax Period

2024-01-01 to 2024-12-31

TEAMSTERS LOCAL 170 HEALTH AND WELFARE FUND, founded in 1954, is a mid-sized nonprofit that reported $38.7M in total revenue in fiscal year 2024. The organization ran a surplus of $6.3M, a strong 16% operating margin.

Mission

TO PROVIDE MEDICAL, DENTAL, VISION, LIFE, ACCIDENT & SICKNESS BENEFITS TO ELIGIBLE PARTICIPANTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $36,524,667

Investment Income $1,981,569

Other Revenue $208,752

TOTAL REVENUE $38,714,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $896,224

Fundraising Expenses $0

Other Expenses $1,644,078

TOTAL EXPENSES $32,367,045

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,714,988	$38,388,034	+0.0%
Expenses	$32,367,045	$32,907,755	0.0%
Net Income	$6,347,943	$5,480,279	+0.2%

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

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
SHANNON GEORGE	TRUSTEE/CO-CHAIR	10.00	Director	$0	$0	$0
ROBERT ROBINSON	TRUSTEE	10.00	Director	$0	$0	$0
ELIAS GILLEN	TRUSTEE	10.00	Director	$0	$0	$0
MONICA J CHESTER	TRUSTEE	10.00	Director	$0	$0	$0
SEAN M FOLEY	TRUSTEE	10.00	Director	$0	$0	$0
DAVID MAROIS	TRUSTEE	10.00	Director	$0	$0	$0
RAYMOND REED	EMPLOYEE	40.00	Highest	$186,377	$53,726	$240,103

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	$38,714,988	$32,367,045	$99,269,961	$6,347,943
2023	$38,388,034	$32,907,755	$90,580,908	$5,480,279
2022	$41,678,287	$35,039,137	$82,271,369	$6,639,150
2021	$40,689,092	$34,942,899	$84,073,039	$5,746,193
2020	$37,880,535	$28,673,330	$78,211,518	$9,207,205
2019	$35,426,446	$31,372,444	$64,169,049	$4,054,002
2018	$34,381,110	$29,248,123	$54,902,554	$5,132,987

TEAMSTERS LOCAL 170 HEALTH AND WELFARE FUND