TEAMSTERS HEALTH & WELFARE FUND OF PHILA DELPHIA & VICINITY (EIN 231392600) - 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

1951

Legal Domicile

Principal Officer

MARIA SCHEELER

Phone

8563822400

Tax Period

2024-01-01 to 2024-12-31

TEAMSTERS HEALTH & WELFARE FUND OF PHILA DELPHIA & VICINITY, founded in 1951, is a major nonprofit that reported $124.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $120.3M left a modest 3% surplus.

Mission

FUNDING ARRANGEMENT FOR MULTIEMPLOYER WELFARE PLAN UNDER THE TERMS OF A COLLECTIVE BARGAINING AGREEMENT.

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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 $117,027,488

Investment Income $7,414,196

Other Revenue $130,763

TOTAL REVENUE $124,572,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,500

Fundraising Expenses $0

Other Expenses $10,111,596

TOTAL EXPENSES $120,265,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,572,447	$135,537,258	-0.1%
Expenses	$120,265,703	$121,139,212	0.0%
Net Income	$4,306,744	$14,398,046	-0.7%

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

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

$738,573

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BRYAN JR	UNION TRUSTEE	1.00	Director	$0	$106,320	$284,002
HOWARD WELLS	UNION TRUSTEE	1.00	Director	$0	$70,886	$255,317
WILLIAM HAMILTON	UNION TRUSTEE	1.00	Director	$0	$76,976	$183,754
WILLIAM J EINHORN	EMPLOYER TRUSTEE	1.00	Director	$15,500	$0	$15,500
DAVID EVANS	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
DANIEL SCHMIDT	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MARIA SCHEELER	ADMINISTRATOR	20.00	Officer	$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	$124,572,447	$120,265,703	$165,922,032	$4,306,744
2023	$135,537,258	$121,139,212	$163,197,816	$14,398,046
2022	$120,998,352	$117,541,170	$155,739,909	$3,457,182
2021	$116,293,511	$113,526,578	$182,928,862	$2,766,933
2020	$115,560,596	$104,599,749	$167,699,550	$10,960,847
2019	$122,969,093	$109,812,896	$141,587,804	$13,156,197
2018	$120,828,426	$108,685,487	$118,286,508	$12,142,939

TEAMSTERS HEALTH & WELFARE FUND OF PHILA DELPHIA & VICINITY