New Jersey BAC Health Fund

EIN: 222945933

Fairfield, NJ

Total Revenue
$15,014,591
Total Expenses
$17,577,929
Total Assets
$33,935,650
Net Assets
$33,174,283
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NJ
Phone
9738087358
Tax Period
2023-01-01 to 2023-12-31

New Jersey BAC Health Fund, founded in 1988, is a mid-sized nonprofit that reported $15.0M in total revenue in fiscal year 2023. Expenses of $17.6M exceeded revenue, resulting in a 17% operating deficit.

Mission

This Fund provides medical, dental, and prescription benefits to participants employed under a collective bargaining agreement with contributing employers. Benefits are provided through a third party administrator.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,523,673
Investment Income $1,490,918
Other Revenue $0
TOTAL REVENUE $15,014,591

Expense Breakdown

Grants Paid $0
Salaries & Benefits $821,024
Fundraising Expenses $0
Other Expenses $166,867
TOTAL EXPENSES $17,577,929

Year-over-Year Comparison

2023 2022 Change
Revenue $15,014,591 $15,306,543 0.0%
Expenses $17,577,929 $16,709,373 +0.1%
Net Income $-2,563,338 $-1,402,830 +0.8%
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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
7
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maria Dolores Lopez Controller 40.00
$105,544 $42,994 $148,538
Kenneth Crandall Administrator 40.00
$115,024 $22,194 $137,218
Janet DePasquale Clerical 40.00
$60,965 $48,875 $109,840
Maria Ribeiro Clerical 40.00
$56,721 $42,994 $99,715
John F Capo Trustee 1.00
Director
$0 $0 $0
Leon Jones Jr Trustee 1.00
Director
$0 $0 $0
Kenneth Simone Trustee 1.00
Director
$0 $0 $0
Lynn Cannfield Trustee 1.00
Director
$0 $0 $0
Jack Kocsis Trustee 1.00
Director
$0 $0 $0
Joseph Giordano Trustee 1.00
Director
$0 $0 $0
Carol Ciesielski Trustee 1.00
Director
$0 $0 $0
John Slazyk 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 $15,014,591 $17,577,929 $33,935,650 $-2,563,338
2022 $15,306,543 $16,709,373 $36,129,377 $-1,402,830
2021 $15,497,498 $17,103,528 $39,394,289 $-1,606,030
2020 $15,879,349 $13,437,637 $40,974,590 $2,441,712
2019 $16,977,055 $14,560,188 $37,850,670 $2,416,867
2018 $16,336,167 $16,473,115 $34,786,687 $-136,948
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare New Jersey BAC Health Fund with other nonprofits in New Jersey and across the country.