NEW YORK STATE TEAMSTERS COUNCIL H… - 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

1952

Legal Domicile

Principal Officer

KENNETH R STILWELL

Phone

3154559790

Tax Period

2023-01-01 to 2023-12-31

NEW YORK STATE TEAMSTERS COUNCIL HEALTH & HOSPITAL FUND, founded in 1952, is a major nonprofit in the Mutual Benefit sector that reported $224.9M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $203.3M left a modest 10% surplus.

Mission

THE PLAN PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE ACTIVE PARTICIPANTS INCLUDING THEIR SPOUSES AND DEPENDENTS.

Program Service Accomplishments

Program 1

PROVIDE HOSPITAL, MEDICAL, SURGICAL, DENTAL, VISION, LEGAL, DISABILITY, PRESCRIPTION DRUG COVERAGE, AND DEATH BENEFITS TO PARTICIPATING MEMBERS OF TEAMSTER LOCALS OF THE NEW YORK STATE TEAMSTERS...

PROVIDE HOSPITAL, MEDICAL, SURGICAL, DENTAL, VISION, LEGAL, DISABILITY, PRESCRIPTION DRUG COVERAGE, AND DEATH BENEFITS TO PARTICIPATING MEMBERS OF TEAMSTER LOCALS OF THE NEW YORK STATE TEAMSTERS COUNCIL.

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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 $204,994,383

Investment Income $19,293,428

Other Revenue $584,906

TOTAL REVENUE $224,872,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,307,113

Fundraising Expenses $0

Other Expenses $12,037,221

TOTAL EXPENSES $203,279,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$224,872,717	$247,434,949	-0.1%
Expenses	$203,279,954	$194,558,862	+0.0%
Net Income	$21,592,763	$52,876,087	-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

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

$284,981

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL S SCALZO SR	EMPLOYER TRUSTEE CO-CHAIRM	0.50	Director	$0	$0	$0
DANIEL W SCHMIDT	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
BRIAN K HAMMOND	UNION TRUSTEE	0.50	Director	$0	$0	$0
JOHN A BULGARO	UNION TRUSTEE CO-CHAIRMAN	0.50	Director	$0	$0	$0
MARK D MAY	UNION TRUSTEE	0.50	Director	$0	$0	$0
SAMUEL PILGER	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
GEORGE F HARRIGAN	UNION TRUSTEE	0.50	Director	$0	$0	$0
MARK A GLADFELTER	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
KENNETH STILWELL	EXECUTIVE ADMINISTRATOR	20.00	Key Emp	$111,781	$63,807	$284,981

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	$224,872,717	$203,279,954	$821,558,095	$21,592,763
2022	$247,434,949	$194,558,862	$744,063,100	$52,876,087
2021	$260,201,694	$242,517,360	$832,341,948	$17,684,334
2020	$231,029,099	$164,299,324	$753,358,282	$66,729,775
2019	$214,084,498	$177,190,823	$628,500,723	$36,893,675
2018	$217,397,596	$176,501,554	$516,604,770	$40,896,042

NEW YORK STATE TEAMSTERS COUNCIL HEALTH & HOSPITAL FUND