Shopmen's Local 527 Benefit Fund

EIN: 237311912

OAK BROOK, IL

Total Revenue
$985,523
Total Expenses
$1,362,154
Total Assets
N/A
Net Assets
N/A
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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
1952
Legal Domicile
IL
Principal Officer
BOARD OF TRUSTEES
Phone
4123416183
Tax Period
2023-01-01 to 2023-07-01

Shopmen's Local 527 Benefit Fund, founded in 1952, is a small nonprofit that reported $986K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 38% operating deficit.

Mission

To Pay 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $949,480
Investment Income $30,205
Other Revenue $5,838
TOTAL REVENUE $985,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,955
Fundraising Expenses $0
Other Expenses $96,385
TOTAL EXPENSES $1,362,154

Year-over-Year Comparison

2023 2022 Change
Revenue $985,523 $1,982,177 -0.5%
Expenses $1,362,154 $2,662,135 -0.5%
Net Income $-376,631 $-679,958 -0.4%
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
4
Independent Members
4
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
4
$5,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.00
Director
$1,750 $0 $1,750
N/A TRUSTEE 1.00
Director
$3,750 $0 $3,750
N/A TRUSTEE 1.00
Director
$0 $0 $0
N/A 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
2023 $985,523 $1,362,154 No data $-376,631
2022 $1,982,177 $2,662,135 $2,246,587 $-679,958
2021 $1,865,779 $2,322,760 $3,287,901 $-456,981
2020 $1,534,640 $2,070,967 $3,471,735 $-536,327
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