MASSACHUSETTS EMPLOYERSSEIU LOCAL 888 TRUST FUND (EIN 043240891) - 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

1986

Legal Domicile

Principal Officer

THOMAS THIBEAULT

Phone

6172413367

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS EMPLOYERSSEIU LOCAL 888 TRUST FUND, founded in 1986, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2023.

Mission

PAYMENT OF DENTAL AND VISION BENEFITS TO PARTICIPANTS AND THEIR BENEFICIARIES. ALSO TO PROVIDE MEDICAL, PRESCRIPTION, DISABILITY COVERAGE AS WELL AS LIFE INSURANCE FOR PARTICIPANTS WHO EMPLOYERS CONTRIBUTE TO THE PLAN FOR THESE 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 $2,969,281

Investment Income $97,156

Other Revenue $0

TOTAL REVENUE $3,066,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,073,746

Other Expenses $217,315

TOTAL EXPENSES $3,073,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,066,437	$3,075,641	0.0%
Expenses	$3,073,746	$3,105,800	0.0%
Net Income	$-7,309	$-30,159	-0.8%

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

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
THOMAS THIBEAULT	TRUSTEE	0.50	Director	$0	$0	$0
JOHN MAGNER	TRUSTEE	0.50	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	$3,066,437	$3,073,746	$4,374,969	$-7,309
2022	$3,075,641	$3,105,800	$4,083,684	$-30,159
2021	$2,893,453	$2,728,487	$4,677,422	$164,966
2020	$2,548,715	$2,524,146	$4,315,953	$24,569
2019	$2,329,659	$2,407,182	$4,061,494	$-77,523
2018	$2,059,717	$2,206,165	$3,804,702	$-146,448

MASSACHUSETTS EMPLOYERSSEIU LOCAL 888 TRUST FUND