UNITED FURNITURE WORKERS INSURANCE… - 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

1944

Legal Domicile

Principal Officer

DEE ANNE WALKER

Phone

6158898860

Tax Period

2023-10-01 to 2024-09-30

UNITED FURNITURE WORKERS INSURANCE FUND, founded in 1944, is a mid-sized nonprofit that reported $60.2M in total revenue in fiscal year 2023.

Mission

TO PROVIDE ACCIDENT, HEALTH, AND LIFE INSURANCE BENEFITS TO MEMBERS OF THE UNITED FURNITURE WORKERS INSURANCE FUND UNDER SECTION 501(C)(9)

Program Service Accomplishments

Program 1

PROVIDED ACCIDENT, HEALTH, AND LIFE INSURANCE BENEFITS TO MEMBERS OF THE UNITED FURNITURE WORKERS INSURANCE FUND.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $58,595,569

Investment Income $1,555,245

Other Revenue $0

TOTAL REVENUE $60,150,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,089,826

Fundraising Expenses $0

Other Expenses $2,773,179

TOTAL EXPENSES $60,006,329

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,150,814	$57,825,109	+0.0%
Expenses	$60,006,329	$52,111,001	+0.2%
Net Income	$144,485	$5,714,108	-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

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

Total Directors

$85,139

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEE ANNE WALKER	TRUSTEE	20.00	Director	$85,139	$0	$85,139
ULISES VERGARA	TRUSTEE	1.00	Director	$0	$0	$0
HARRY BOOT	CHAIRMEN	2.00	Director	$0	$0	$0
RANDY TAYLOE	TRUSTEE	1.00	Director	$0	$0	$0
JOSE VILLARREAL	TRUSTEE	1.00	Director	$0	$0	$0
KEN IRVING	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	$60,150,814	$60,006,329	$37,757,119	$144,485
2023	$57,825,109	$52,111,001	$35,711,035	$5,714,108
2022	$50,364,739	$41,623,126	$31,801,868	$8,741,613
2021	$48,856,196	$44,415,100	$32,526,354	$4,441,096
2020	$50,317,541	$45,947,781	$28,261,567	$4,369,760
2019	$45,690,818	$49,159,713	$19,997,804	$-3,468,895
2018	$35,669,440	$35,197,391	$17,332,089	$472,049

UNITED FURNITURE WORKERS INSURANCE FUND