United Transportation Union Insurance Association

EIN: 237131460

Independence, OH

Total Revenue
$17,988,682
Total Expenses
$15,069,362
Total Assets
$221,472,371
Net Assets
$73,676,228
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
OH
Principal Officer
Jeffery A Becker
Phone
2162275293
Tax Period
2024-01-01 to 2024-12-31

United Transportation Union Insurance Association, founded in 1970, is a mid-sized nonprofit that reported $18.0M in total revenue in fiscal year 2024. The organization ran a surplus of $2.9M, a strong 16% operating margin.

Mission

Fraternal benefit society serving our members with various insurance products and fraternal benefits.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,288,647
Investment Income $9,506,310
Other Revenue $193,725
TOTAL REVENUE $17,988,682

Expense Breakdown

Grants Paid $278,271
Salaries & Benefits $4,411,930
Fundraising Expenses $0
Program Expenses $15,069,362
Other Expenses $1,905,979
TOTAL EXPENSES $15,069,362

Year-over-Year Comparison

2024 2023 Change
Revenue $17,988,682 $17,700,217 +0.0%
Expenses $15,069,362 $15,348,434 0.0%
Net Income $2,919,320 $2,351,783 +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

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Governance

Voting Members
8
Independent Members
4
Employees
22
Volunteers
9

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
2
$642,864
Total Directors
8
$178,000
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Laugel President 40
Officer
$335,913 $40,310 $376,223
Jeffery Becker Secretary & Treasurer 40
Officer
$238,072 $28,569 $266,641
David Liddle Regional Insurance Manager 40
Highest
$189,556 $15,109 $204,665
Ronald Steiger IT Director 40
Highest
$155,433 $18,652 $174,085
Bryan Radecky Comptroller 40
Highest
$118,317 $14,198 $132,515
Stephen Hudak Director 1
Director
$49,000 $0 $49,000
Stephen J Vamos III Director 1.5
Director
$47,000 $0 $47,000
Nicholas DiCicco Jr Director 1
Director
$42,000 $0 $42,000
Patrick Sullivan Director 1
Director
$40,000 $0 $40,000
Jeremy Ferguson Chairman of the Board 4
Director
$0 $0 $0
Brent Leonard Director 1
Director
$0 $0 $0
Alvy Hughes Director 1
Director
$0 $0 $0
Charles Cassity Director 1
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 $17,988,682 $15,069,362 $221,472,371 $2,919,320
2023 $17,700,217 $15,348,434 $221,673,950 $2,351,783
2022 $17,683,785 $16,138,515 $221,437,957 $1,545,270
2021 $20,187,973 $17,877,637 $229,446,528 $2,310,336
2020 $22,189,737 $20,305,690 $229,028,673 $1,884,047
2019 $21,723,855 $18,738,686 $230,030,347 $2,985,169
2018 $23,302,070 $21,734,334 $226,555,990 $1,567,736
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