RETAIL CLERKS UNION LOCAL 1500 LEGAL SER TRUST FUND (EIN 112531776) - 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

1979

Legal Domicile

Principal Officer

ALY WADDY

Phone

5162141300

Tax Period

2023-01-01 to 2023-12-31

RETAIL CLERKS UNION LOCAL 1500 LEGAL SER TRUST FUND, founded in 1979, is a small nonprofit that reported $356K in total revenue in fiscal year 2023.

Mission

TO PROVIDE EMPLOYEE BENEFITS IN THE FORM OF PREPAID LEGAL SERVICES TO MEMBERS OF UFCW LOCAL 1500.

🔒

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 $342,663

Investment Income $13,810

Other Revenue $0

TOTAL REVENUE $356,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,980

Fundraising Expenses $0

Other Expenses $109,181

TOTAL EXPENSES $373,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$356,473	$346,892	+0.0%
Expenses	$373,721	$362,336	+0.0%
Net Income	$-17,248	$-15,444	+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

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

$477,759

Total Directors

$477,759

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SPINELLA	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
ALY WADDY	UNION TRUSTEE	2.00	Officer Director	$0	$36,573	$345,068
PAT DURNING	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
MICHELE WRIGHT	UNION TRUSTEE	2.00	Officer Director	$0	$27,717	$132,691
JOSEPH WADDY	EVP/RECORDER	1.00	Highest	$0	$32,955	$270,000
PAUL SANTARPIA	VICE PRESIDENT	1.00	Highest	$0	$27,376	$195,204
JULIUS SCORZELLI	VICE PRESIDENT	1.00	Highest	$0	$26,410	$161,484
LYNN SHIELS	VICE PRESIDENT	1.00	Highest	$0	$11,901	$214,174
ROBERT NEWELL	PRESIDENT	1.00	Highest	$0	$41,614	$414,088

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	$356,473	$373,721	$381,008	$-17,248
2022	$346,892	$362,336	$391,467	$-15,444
2021	$352,439	$332,287	$390,687	$20,152
2020	$371,604	$340,802	$374,812	$30,802
2019	$386,772	$405,896	$355,308	$-19,124
2018	$354,647	$343,757	$361,982	$10,890

RETAIL CLERKS UNION LOCAL 1500 LEGAL SER TRUST FUND