LUCENT TECH INC POST RETIREMENT WELFARE BENEFITS TRUST FOR REPRESENTED EMPLOYEES (EIN 223463671) - 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

2002

Legal Domicile

Principal Officer

NOKIA OF AMERICA CORPORAT

Phone

9087239869

Tax Period

2024-01-01 to 2024-12-31

LUCENT TECH INC POST RETIREMENT WELFARE BENEFITS TRUST FOR REPRESENTED EMPLOYEES, founded in 2002, is a mid-sized nonprofit that reported $91.9M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $86.1M left a modest 6% surplus.

Mission

TO PROVIDE FUNDING FOR THE PAYMENT OF POST-RETIREMENT LIFE INSURANCE BENEFITS AND HEALTH BENEFITS TO ELIGIBLE RETIREES OF NOKIA OF AMERICA CORPORATION.

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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 $86,417,568

Investment Income $5,473,404

Other Revenue $0

TOTAL REVENUE $91,890,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,500

Fundraising Expenses $0

Program Expenses $84,422,220

Other Expenses $1,704,111

TOTAL EXPENSES $86,137,831

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,890,972	$97,113,689	-0.1%
Expenses	$86,137,831	$95,550,398	-0.1%
Net Income	$5,753,141	$1,563,291	+2.7%

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

N/A

Independent Members

N/A

Employees

N/A

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
N/A	TRUSTEE	1.00		$11,500	$0	$11,500

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	No data	No data	No data	No data
2024	$91,890,972	$86,137,831	$261,427,729	$5,753,141
2023	$97,113,689	$95,550,398	$234,500,318	$1,563,291
2022	$106,138,902	$104,754,890	$205,451,944	$1,384,012
2021	$187,732,247	$123,537,186	$233,482,578	$64,195,061
2020	$114,599,389	$129,238,071	$232,878,808	$-14,638,682
2019	$126,110,091	$137,809,978	$236,071,981	$-11,699,887
2018	$113,275,385	$140,656,143	$223,947,275	$-27,380,758

LUCENT TECH INC POST RETIREMENT WELFARE BENEFITS TRUST FOR REPRESENTED EMPLOYEES