NEW ENGLAND HEALTH CARE EMP UNION & CT NURSING HM TRAING & UPGD FND (EIN 061163056) - 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

1985

Legal Domicile

Phone

8602516060

Tax Period

2023-01-01 to 2023-12-31

NEW ENGLAND HEALTH CARE EMP UNION & CT NURSING HM TRAING & UPGD FND, founded in 1985, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $521K, a strong 17% operating margin.

Mission

PROVIDE EDUCATIONAL TRAINING.

🔒

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 $2,284,895

Investment Income $35,160

Other Revenue $688,155

TOTAL REVENUE $3,008,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,282

Fundraising Expenses $0

Other Expenses $181,417

TOTAL EXPENSES $2,487,160

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,008,210	$2,582,639	+0.2%
Expenses	$2,487,160	$2,022,308	+0.2%
Net Income	$521,050	$560,331	-0.1%

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

N/A

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

$123,991

Total Directors

$278,313

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH LANDI	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
PAULINE TULLOCH	UNION TRUSTEE	2.00	Director	$0	$0	$0
DIEDRE MURCH	UNION TRUSTEE	2.00	Director	$0	$30,904	$135,664
JOSHUA SCHECTER	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
DORI HARRINGTON	UNION TRUSTEE	2.00	Director	$0	$0	$0
MARY BETH CIMINO	UNION TRUSTEE	2.00	Director	$0	$0	$0
JESSE MARTIN	UNION TRUSTEE	2.00	Director	$0	$32,496	$142,649
ALLISON BREAULT	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
THERESA SANDERSON	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
LEONIE THOMPSON	UNION TRUSTEE (P)	2.00	Director	$0	$0	$0
TOM RUSSO	MANAGEMENT TRUSTEE (P)	2.00	Director	$0	$0	$0
MARK SCHWARTZ	MANAGEMENT TRUSTEE (P)	2.00	Director	$0	$0	$0
NORDIA HINDS-STEER	UNION TRUSTEE (P)	2.00	Director	$0	$0	$0
STEVE BENDER	EXECUTIVE DIRECTOR	40.00	Officer	$95,404	$28,587	$123,991

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	$3,008,210	$2,487,160	$3,429,546	$521,050
2022	$2,582,639	$2,022,308	$2,954,849	$560,331
2021	$2,281,972	$1,838,474	$2,355,826	$443,498
2020	$2,104,080	$1,728,860	$1,960,905	$375,220
2019	$2,089,941	$2,179,264	$1,576,525	$-89,323
2018	$1,915,521	$2,059,912	$1,671,260	$-144,391

NEW ENGLAND HEALTH CARE EMP UNION & CT NURSING HM TRAING & UPGD FND