UNISYS SUPPLEMENTAL UNEMPLOYMENT B… - Form 990 Financial Data

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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

2006

Legal Domicile

Principal Officer

THE BANK OF NEW YORK MELLON

Phone

4122362741

Tax Period

2024-01-01 to 2024-12-31

UNISYS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN TRUST, founded in 2006, is a small nonprofit in the Mutual Benefit sector that reported $664K in total revenue in fiscal year 2024.

Mission

THE UNISYS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN TRUST (THE "TRUST") FORMS A PART OF THE UNISYS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN (THE "PLAN") IN ACCORDANCE WITH SECTION 501(C)(17) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). THE ACTIVITY OF THE TRUST INCLUDES RECEIVING CONTRIBUTIONS FROM UNISYS CORPORATION (AS PLAN SPONSOR) AND PAYING SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS UNDER THE PLAN. AS REQUIRED UNDER CODE SECTION 501(C)(17), THE EXCLUSIVE PURPOSE OF THE PLAN AND TRUST IS TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE EMPLOYEES, AS A RESULT OF THEIR INVOLUNTARY SEPARATION FROM THE EMPLOYMENT OF UNISYS CORPORATION OR CERTAIN OF ITS SUBSIDIARIES AS PART OF A WORKFORCE REDUCTION OR LAYOFF.

Program Service Accomplishments

Program 1

Expenses: $684,179 Revenue: $663,807

EXPENSES RELATED TO THE ACCOMPLISHMENT OF THE TRUST'S PRIMARY EXEMPT PURPOSE

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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 $663,807

Investment Income $542

Other Revenue $0

TOTAL REVENUE $664,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $684,179

Other Expenses $14,230

TOTAL EXPENSES $684,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$664,349	$649,065	+0.0%
Expenses	$684,179	$653,344	+0.0%
Net Income	$-19,830	$-4,279	+3.6%

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

N/A

Independent Members

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THE BANK OF NEW YORK MELLON	TRUSTEE (SEE SCHEDULE O)	0.0		$0	$0	$780

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	$664,349	$684,179	$6,141	$-19,830
2023	$649,065	$653,344	$25,971	$-4,279
2022	$1,031,053	$1,076,581	$30,250	$-45,528
2021	$900,104	$840,980	$75,778	$59,124
2020	$698,765	$697,666	$16,654	$1,099

UNISYS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN TRUST