United Technologies Corporation Employees Benefit Plan Trust (EIN 061009612) - 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

1979

Legal Domicile

Principal Officer

KELLY B LAPPIN

Phone

7817906895

Tax Period

2024-01-01 to 2024-12-31

United Technologies Corporation Employees Benefit Plan Trust, founded in 1979, is a mid-sized nonprofit that reported $21.0M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE UNITED TECHNOLOGIES EMPLOYEES BENEFIT PLAN TRUST IS TO PROVIDE HEALTH BENEFITS TO COVERED EMPLOYEES IN ACCORDANCE WITH THE TERMS OF THE PLAN.

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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 $20,811,842

Investment Income $192,947

Other Revenue $0

TOTAL REVENUE $21,004,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $23,067,942

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,004,789	$13,160,105	+0.6%
Expenses	$23,067,942	$12,731,988	+0.8%
Net Income	$-2,063,153	$428,117	-5.8%

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

N/A

Independent Members

N/A

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
JPMORGAN CHASE BANK NA	TRUSTEE	1.0		$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	$21,004,789	$23,067,942	$66,326	$-2,063,153
2023	$13,160,105	$12,731,988	$2,129,479	$428,117
2022	$62,752,739	$77,806,998	$1,701,612	$-15,054,259
2021	$819,064,706	$851,603,864	$16,755,871	$-32,539,158
2020	$897,069,922	$875,681,977	$49,295,029	$21,387,945
2019	$1,000,938,728	$984,674,408	$27,907,084	$16,264,320
2018	$667,861,201	$721,290,417	$11,642,764	$-53,429,216

United Technologies Corporation Employees Benefit Plan Trust