TEAMSTERS LOCAL UNION NO 671 HEALTH SERVICES AND INSURANCE PLAN (EIN 060691728) - 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

1954

Legal Domicile

Principal Officer

ANTHONY LEPORE

Phone

8602430671

Tax Period

2024-07-01 to 2025-06-30

TEAMSTERS LOCAL UNION NO 671 HEALTH SERVICES AND INSURANCE PLAN, founded in 1954, is a mid-sized nonprofit that reported $37.9M in total revenue in fiscal year 2024. Net assets of $77.8M represent 25 months of operating reserves.

Mission

TO PROVIDE HEALTH AND 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $34,078,070

Investment Income $3,556,909

Other Revenue $309,847

TOTAL REVENUE $37,944,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $730,281

Fundraising Expenses $0

Other Expenses $1,401,053

TOTAL EXPENSES $39,440,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,944,826	$35,193,284	+0.1%
Expenses	$39,440,259	$32,177,227	+0.2%
Net Income	$-1,495,433	$3,016,057	-1.5%

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

$480,319

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY LEPORE	TRUSTEE	2.00	Director	$0	$52,945	$246,085
ERIC DOWNER	TRUSTEE	2.00	Director	$0	$52,945	$234,234
JEFFREY ISAACS	TRUSTEE	2.00	Director	$0	$0	$0
FRANK MAXWELL	TRUSTEE	2.00	Director	$0	$0	$0
JANICE FENLASON	EXECUTIVE DIRECTOR	40.00	Highest	$145,442	$55,731	$201,173

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
2025	$37,944,826	$39,440,259	$84,481,169	$-1,495,433
2024	$35,193,284	$32,177,227	$80,117,523	$3,016,057
2023	$34,087,484	$25,750,487	$72,346,033	$8,336,997
2022	$34,350,374	$33,150,813	$65,542,750	$1,199,561
2021	$33,659,075	$28,663,563	$69,416,605	$4,995,512
2020	$29,945,041	$29,708,512	$57,629,500	$236,529
2019	$29,618,229	$28,766,705	$56,778,985	$851,524
2018	$31,830,240	$26,303,513	$54,692,047	$5,526,727

TEAMSTERS LOCAL UNION NO 671 HEALTH SERVICES AND INSURANCE PLAN