USWU LOCAL 74 SUPPLEMENTAL BENEFITS FUND

EIN: 112651721

LONG ISLAND CITY, NY

Total Revenue
$133,467
Total Expenses
$155,453
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
SAL ALLADEEN
Phone
7187297400
Tax Period
2021-07-01 to 2022-06-30

USWU LOCAL 74 SUPPLEMENTAL BENEFITS FUND, founded in 1984, is a small nonprofit that reported $133K in total revenue in fiscal year 2021. Revenue decreased 13% compared to the prior year. Expenses of $155K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE TRAINING AND SCHOLARSHIP BENEFITS FOR MEMBERS AND ELIGIBLE DEPENDENTS. AS WELL AS TO PROVIDE LEGAL SERVICE BENEFITS FOR MEMBERS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $133,306
Investment Income $161
Other Revenue $0
TOTAL REVENUE $133,467

Expense Breakdown

Grants Paid $30,500
Salaries & Benefits $53,496
Fundraising Expenses $0
Other Expenses $67,757
TOTAL EXPENSES $155,453

Year-over-Year Comparison

2021 2020 Change
Revenue $133,467 $152,744 -0.1%
Expenses $155,453 $207,720 -0.3%
Net Income $-21,986 $-54,976 -0.6%
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

Sign In

Governance

Voting Members
2
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
0
$0
Total Directors
2
$379,773
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAL ALLADEEN TRUSTEE 1.00
Director
$0 $67,254 $379,773
FRED SURACE TRUSTEE 1.00
Director
$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
2022 $133,467 $155,453 No data $-21,986
2021 $152,744 $207,720 $543,293 $-54,976
2020 $164,240 $203,026 $588,480 $-38,786
2019 $217,312 $259,110 $646,730 $-41,798
2018 $221,107 $329,902 $674,457 $-108,795
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare USWU LOCAL 74 SUPPLEMENTAL BENEFITS FUND with other nonprofits in New York and across the country.