UNITED SERVICE EMPLOYEES UNION LOCAL 377 WELFARE FUND

EIN: 131605847

NEW YORK, NY

Total Revenue
$10,074
Total Expenses
$11,775
Total Assets
N/A
Net Assets
N/A
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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
1965
Legal Domicile
NY
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

TO PROVIDE WELFARE BENEFITS TO ITS UNION MEMBERS

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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%)

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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
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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

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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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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