SERVICE EMPLOYEES INTL UNION LOCAL 704 HEALTH AND SECURITY PLAN TRUST (EIN 133113651) - 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

1982

Legal Domicile

Phone

9143776290

Tax Period

2024-07-01 to 2025-06-30

SERVICE EMPLOYEES INTL UNION LOCAL 704 HEALTH AND SECURITY PLAN TRUST, founded in 1982, is a small nonprofit that reported $908K in total revenue in fiscal year 2024. Expenses of $807K left a modest 11% surplus.

Mission

TO PROVIDE HEALTH AND OTHER 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $843,914

Investment Income $62,904

Other Revenue $1,200

TOTAL REVENUE $908,018

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,132

Fundraising Expenses $0

Other Expenses $87,186

TOTAL EXPENSES $806,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$908,018	$843,087	+0.1%
Expenses	$806,502	$736,596	+0.1%
Net Income	$101,516	$106,491	0.0%

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

Governance

Voting Members

Independent Members

Employees

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

$48,787

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOMINICK SAVARESE	UNION TRUSTEE	1.00	Director	$0	$0	$0
DON HENRY	UNION TRUSTEE - ATTORNEY	1.00	Director	$0	$0	$0
SHANNON IMBRAGUGLIO	UNION TRUSTEE	1.00	Director	$0	$0	$0
NICOLE GRECO	UNION TRUSTEE	1.00	Director	$0	$0	$0
KOYA IGLEHART	UNION TRUSTEE	0.00	Director	$0	$0	$0
KARA COTE	UNION TRUSTEE	0.00	Director	$0	$0	$0
MICHELLE SAVARESE	PLAN ADMINISTRATOR	24.00	Officer	$40,320	$8,467	$48,787

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
2025	$908,018	$806,502	$3,107,294	$101,516
2024	$843,087	$736,596	$2,891,911	$106,491
2023	$665,683	$693,626	$2,626,542	$-27,943
2022	$790,553	$790,153	$2,830,451	$400
2021	$796,061	$738,302	$3,118,189	$57,759
2020	$797,599	$640,844	$3,113,115	$156,755
2019	$768,857	$554,104	$2,806,009	$214,753
2018	$677,432	$565,249	$2,611,397	$112,183

SERVICE EMPLOYEES INTL UNION LOCAL 704 HEALTH AND SECURITY PLAN TRUST