USWU LOCAL 74 SUPPLEMENTAL BENEFIT… - Form 990 Financial Data

🔒

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

1984

Legal Domicile

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.

Program Service Accomplishments

Program 1

PROVIDE TRAINING COURSES AND SCHOLARSHIPS BENEFITS TO ELIGIBLE MEMBERS OF CONTRIBUTING EMPLOYERS OR THEIR DEPENDENTS (FOR SCHOLARSHIP PURPOSES).

Program 2

PROVIDE LEGAL SERVICE BENEFITS TO ELIGIBLE MEMBERS OF CONTRIBUTING EMPLOYERS.

🔒

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 (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

Governance

Voting Members

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

$379,773

Key Employees

Highest Compensated

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

USWU LOCAL 74 SUPPLEMENTAL BENEFITS FUND