LOCAL 464AUNITED FOOD AND COMMERCIAL WORKERS UNION WELFARE SERVICE BENEFIT FD (EIN 221582446) - 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

1945

Legal Domicile

Principal Officer

JOHN T NICCOLLAI

Phone

9732566790

Tax Period

2025-01-01 to 2025-12-31

LOCAL 464AUNITED FOOD AND COMMERCIAL WORKERS UNION WELFARE SERVICE BENEFIT FD, founded in 1945, is a major nonprofit that reported $115.7M in total revenue in fiscal year 2025. The organization ran a surplus of $23.8M, a strong 21% operating margin.

Mission

WELFARE FUND PROVIDING MEDICAL,SURGICAL,HOSPITAL,DENTAL,OPTICAL,PRESCRIPTION AND LIFE INSURANCE BENEFITS FOR COVERED MEMBERS OF UFCW LOCAL 464A-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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $83,366,214

Investment Income $32,291,353

Other Revenue $0

TOTAL REVENUE $115,657,567

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,310,968

Fundraising Expenses $0

Other Expenses $12,007,741

TOTAL EXPENSES $91,877,468

Year-over-Year Comparison

	2025	2024	Change
Revenue	$115,657,567	$107,949,327	+0.1%
Expenses	$91,877,468	$88,369,360	+0.0%
Net Income	$23,780,099	$19,579,967	+0.2%

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

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

$1,615,616

Total Directors

$1,715,963

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN T NICCOLLAI	TRUSTEE	1.00	Officer Director	$0	$599	$755,057
RICHARD WHALEN	TRUSTEE	1.00	Officer Director	$0	$599	$491,752
JOHN NICCOLLAI III	TRUSTEE	1.00	Officer Director	$0	$599	$368,807
DAN DOSENBACH	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT SPINELLA	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK DURNING	TRUSTEE	1.00	Director	$0	$0	$0
JOAN WILLIAMS	ALTERNATE	1.00	Director	$0	$0	$0
JUSTIN RAMOS	ALTERNATE	1.00	Director	$0	$599	$100,347
ROSA AMICA-TERRA	DIRECTOR OF ADMINISTRATION	40.00	Highest	$138,833	$599	$172,205
KATHLEEN PRIDMORE	EMPLOYEE	40.00	Highest	$169,170	$0	$169,170
VINCENT PISCITELLI	DIRECTOR OF OPERATIONS	40.00	Highest	$78,557	$599	$168,169
UMBERTO MARICONDA	CONTROLLER	40.00	Highest	$81,547	$0	$231,481
TIMOTHY COPPO	EMPLOYEE	40.00	Highest	$104,523	$0	$104,523
STEVEN KAPLAN	EMPLOYEE	40.00	Highest	$105,318	$0	$105,318

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
2025	$115,657,567	$91,877,468	$488,093,310	$23,780,099
2024	$107,949,327	$88,369,360	$409,912,811	$19,579,967
2023	$89,862,894	$85,092,108	$345,015,189	$4,770,786
2022	$99,889,065	$75,385,036	$288,699,453	$24,504,029
2021	$103,138,356	$65,609,159	$333,347,359	$37,529,197
2020	$86,109,038	$72,863,796	$262,220,078	$13,245,242
2019	$81,486,283	$75,088,380	$222,335,322	$6,397,903
2018	$83,743,349	$68,356,353	$182,640,562	$15,386,996

LOCAL 464AUNITED FOOD AND COMMERCIAL WORKERS UNION WELFARE SERVICE BENEFIT FD