SUFFOLK COUNTY COURT EMPLOYEES ASSOCIATION WELFARE FUND (EIN 112542035) - 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

1980

Legal Domicile

Principal Officer

GERARD GWINN

Phone

6312313983

Tax Period

2023-01-01 to 2023-12-31

SUFFOLK COUNTY COURT EMPLOYEES ASSOCIATION WELFARE FUND, founded in 1980, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $467K, a strong 23% operating margin.

Mission

TO PROVIDE SUPPLEMENTAL HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,000,453

Investment Income $28,108

Other Revenue $0

TOTAL REVENUE $2,028,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,868

Fundraising Expenses $0

Other Expenses $217,146

TOTAL EXPENSES $1,561,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,028,561	$1,848,035	+0.1%
Expenses	$1,561,957	$1,541,060	+0.0%
Net Income	$466,604	$306,975	+0.5%

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

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

$8,244

Total Directors

$37,882

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARD GWINN	TRUSTEE	20.00	Director	$0	$0	$20,850
WILLIAM DOBBINS	TRUSTEE	8.00	Director	$0	$0	$0
JOEY GAGNON	TRUSTEE	8.00	Director	$0	$0	$8,116
JOHN TUFARELLA	TRUSTEE	8.00	Director	$0	$0	$8,916
BRIAN BURKE	TRUSTEE	8.00	Director	$0	$0	$0
EFRAIN GARAY	TREASURER	8.00	Officer	$0	$0	$8,244

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	$2,028,561	$1,561,957	$4,186,584	$466,604
2022	$1,848,035	$1,541,060	$3,479,296	$306,975
2021	$1,944,847	$1,547,349	$3,465,447	$397,498
2020	$1,973,659	$1,439,446	$3,105,156	$534,213
2019	$1,916,735	$1,444,257	$2,434,429	$472,478
2018	$1,794,794	$1,671,236	$1,877,703	$123,558

SUFFOLK COUNTY COURT EMPLOYEES ASSOCIATION WELFARE FUND