LIQUOR SALES UNION LOCAL 2-D INSURANCE T (EIN 136118802) - 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

1953

Legal Domicile

Principal Officer

STEPHEN BOORAS

Phone

7183310030

Tax Period

2023-01-01 to 2023-12-31

LIQUOR SALES UNION LOCAL 2-D INSURANCE T, founded in 1953, is a small nonprofit in the Health Care sector that reported $796K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $759K left a modest 5% surplus.

Mission

TO PROVIDE DENTAL, OPTICAL, LONG-TERM DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS COVERED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $778,523

Investment Income $17,297

Other Revenue $0

TOTAL REVENUE $795,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,976

Fundraising Expenses $0

Other Expenses $223,508

TOTAL EXPENSES $759,041

Year-over-Year Comparison

	2023	2022	Change
Revenue	$795,820	$884,064	-0.1%
Expenses	$759,041	$746,546	+0.0%
Net Income	$36,779	$137,518	-0.7%

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

Total Directors

$603,220

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW MATTASSA	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN BOORAS	UNION TRUSTEE	1.00	Director	$0	$86,469	$358,501
THOMAS BAFFER	UNION TRUSTEE	1.00	Director	$0	$57,849	$241,719
PAUL CAPPIALI	UNION TRUSTEE	1.00	Director	$0	$0	$3,000
SUSAN BLOHM	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
KEVIN SAUL	EMPLOYER 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	No data	No data	No data	No data
2023	$795,820	$759,041	$5,286,635	$36,779
2022	$884,064	$746,546	$5,037,842	$137,518
2021	$905,370	$715,492	$5,353,320	$189,878
2020	$1,007,893	$736,757	$5,376,920	$271,136
2019	$1,017,063	$670,452	$4,939,806	$346,611
2018	$904,767	$664,148	$4,497,124	$240,619

LIQUOR SALES UNION LOCAL 2-D INSURANCE T