BLOOMFIELD, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)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.
TO PROVIDE HEALTH AND WELFARE BENEFITS.
TEAMSTERS LOCAL UNION NO. 671 HEALTH SERVICES AND INSURANCE PLAN (THE "PLAN") WAS ESTABLISHED JUNE 24, 1954 BY AN AGREEMENT BETWEEN TEAMSTERS LOCAL UNION NO. 671 OF THE INTERNATIONAL BROTHERHOOD OF...
TEAMSTERS LOCAL UNION NO. 671 HEALTH SERVICES AND INSURANCE PLAN (THE "PLAN") WAS ESTABLISHED JUNE 24, 1954 BY AN AGREEMENT BETWEEN TEAMSTERS LOCAL UNION NO. 671 OF THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS, CHAUFFEURS, WAREHOUSEMEN AND HELPERS OF AMERICA (THE UNION") AND CERTAIN EMPLOYERS WHO WERE PARTIES TO COLLECTIVE BARGAINING AGREEMENTS WITH THE UNION REQUIRING CONTRIBUTIONS TO THE PLAN (THE "PARTICIPATING EMPLOYERS"). THE PLAN WAS ESTABLISHED TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES OF PARTICIPATING EMPLOYERS AND THEIR ELIGIBLE DEPENDENTS. THE PLAN PROVIDES MEDICAL, VISION, DENTAL, PRESCRIPTION, ACCIDENTAL DEATH AND DISMEMBERMENT, DISABILITY AND LIFE INSURANCE BENEFITS.
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%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare TEAMSTERS LOCAL UNION NO 671 HEALTH SERVICES AND INSURANCE PLAN with other nonprofits in Connecticut and across the country.