AFL-CIO MUTUAL BENEFIT FUND (EIN 134237843) - 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

2001

Legal Domicile

Principal Officer

PAUL WHITEHEAD

Phone

2027789815

Tax Period

2024-01-01 to 2024-12-31

AFL-CIO MUTUAL BENEFIT FUND, founded in 2001, is a community nonprofit in the Mutual Benefit sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $2.7M exceeded revenue, resulting in a 46% operating deficit.

Mission

TO PROVIDE HARDSHIP GRANTS, INTEREST FREE MORTGAGE LOANS AND INSURANCE COVERAGE TO MEMBERS OF UNIONS AND ORGANIZATIONS AFFILIATED WITH THE AFL-CIO.

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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 $180,800

Investment Income $1,584,127

Other Revenue $61,424

TOTAL REVENUE $1,826,351

Expense Breakdown

Grants Paid $1,942,560

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $730,403

TOTAL EXPENSES $2,672,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,826,351	$1,886,408	0.0%
Expenses	$2,672,963	$2,429,187	+0.1%
Net Income	$-846,612	$-542,779	+0.6%

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

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
LORRETTA JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
PAUL WHITEHEAD	TRUSTEE	1.00	Director	$0	$0	$0
GREGORY HAMBLET	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN STRINGER	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN FANTAUZZO	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH SELLERS	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
2024	$1,826,351	$2,672,963	$44,152,595	$-846,612
2023	$1,886,408	$2,429,187	$42,617,776	$-542,779
2022	$2,587,438	$1,577,957	$39,500,557	$1,009,481
2021	$3,307,506	$1,615,610	$47,285,320	$1,691,896
2020	$3,776,169	$1,635,309	$43,720,434	$2,140,860
2019	$1,580,055	$1,233,654	$40,172,977	$346,401
2018	$3,569,275	$1,009,727	$35,009,828	$2,559,548

AFL-CIO MUTUAL BENEFIT FUND