UNITED SERVICE EMPLOYEES UNION LOC… - 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

1965

Legal Domicile

Principal Officer

BERTA ANDERSON SCOTT

Phone

2126084569

Tax Period

2018-01-01 to 2018-12-31

UNITED SERVICE EMPLOYEES UNION LOCAL 377 WELFARE FUND, founded in 1965, is a micro nonprofit that reported $10K in total revenue in fiscal year 2018. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $12K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE FUND IS A MULTI-EMPLOYER FUND PROVIDING HEALTH CARE BENEFITS TO EMPLOYEES COVERED BY COLLECTIVE BARGAINING AGREEMENTS WITH CONTRIBUTING EMPLOYERS, AS WELL AS EMPLOYEES OF LOCAL 377 AND THE FUND. THE FUND IS SUBJECT TO THE PROVISIONS OF ERISA.

Program Service Accomplishments

Program 1

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO MAKE CONTRIBUTIONS AND PAYMENTS ON BEHALF OF PARTICIPANTS AND BENEFICIARIES.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,974

Other Revenue $8,100

TOTAL REVENUE $10,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $11,775

TOTAL EXPENSES $11,775

Year-over-Year Comparison

	2018	2017	Change
Revenue	$10,074	$766,428	-1.0%
Expenses	$11,775	$336,912	-1.0%
Net Income	$-1,701	$429,516	-1.0%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERTA ANDERSON SCOTT	TRUSTEE	N/A	Director	$0	$0	$0
DR ROBERT LAUDICINA	TRUSTEE	N/A	Director	$0	$0	$0
THOMAS JERIDEAU	TRUSTEE	N/A	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
2018	$10,074	$11,775	No data	$-1,701

UNITED SERVICE EMPLOYEES UNION LOCAL 377 WELFARE FUND