BOSTON TEACHER UNION HLTH & WELFARE FND (EIN 042511984) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

EUGENE MCGLYNN

Phone

6172880500

Tax Period

2023-09-01 to 2024-08-31

BOSTON TEACHER UNION HLTH & WELFARE FND, founded in 1968, is a mid-sized nonprofit that reported $13.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $11.5M left a modest 13% surplus.

Mission

PROVIDE HLTH & WELFARE BENEFITS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,522,119

Investment Income $773,735

Other Revenue $0

TOTAL REVENUE $13,295,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $552,434

Fundraising Expenses $0

Other Expenses $557,312

TOTAL EXPENSES $11,512,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,295,854	$11,813,605	+0.1%
Expenses	$11,512,570	$10,885,151	+0.1%
Net Income	$1,783,284	$928,454	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$700,397

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK BERG	CHAIRMAN	5.00	Director	$0	$0	$185,286
ELIZABETH DRINAN	SECRETARY	5.00	Director	$0	$0	$0
JAMES A PHILIP	TRUSTEE	5.00	Director	$0	$0	$1,000
SYLVAINE LESTRADE	TRUSTEE	5.00	Director	$0	$0	$4,700
LEA SERENA	TRUSTEE	5.00	Director	$0	$0	$166,720
GARY CAMPBELL	EYE CARE CENTER DIRECTOR	5.00	Director	$167,990	$0	$167,990
EUGENE MCGLYNN	FUND ADMINISTRATOR	5.00	Director	$174,701	$0	$174,701

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	$13,295,854	$11,512,570	$30,997,128	$1,783,284
2023	$11,813,605	$10,885,151	$27,833,830	$928,454
2022	$11,163,165	$10,386,660	$26,472,740	$776,505
2021	$10,949,710	$8,117,893	$27,133,628	$2,831,817
2020	$10,170,055	$8,687,672	$24,392,090	$1,482,383
2019	$10,215,608	$9,490,905	$21,856,926	$724,703
2018	$9,944,464	$9,317,521	$20,762,653	$626,943

BOSTON TEACHER UNION HLTH & WELFARE FND