SEIU HEALTHCARE PA HEALTH AND WELFARE FUND (EIN 251523430) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

MATTHEW YARNELL

Phone

7176528040

Tax Period

2023-01-01 to 2023-12-31

SEIU HEALTHCARE PA HEALTH AND WELFARE FUND, founded in 1986, is a mid-sized nonprofit that reported $19.1M in total revenue in fiscal year 2023.

Mission

THE FUND IS A MUTLIEMPLOYER PLAN ESTABLISHED TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS UNDER THE TERMS OF VARIOUS COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE EMPLOYERS AND SEIU HEALTHCARE PA HEALTH AND WELFARE FUND.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $18,823,780

Investment Income $298,944

Other Revenue $0

TOTAL REVENUE $19,122,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,591,362

Other Expenses $1,476,887

TOTAL EXPENSES $19,591,362

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,122,724	$18,085,793	+0.1%
Expenses	$19,591,362	$20,484,893	0.0%
Net Income	$-468,638	$-2,399,100	-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

Governance

Voting Members

Independent Members

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
KEVIN HEFTY	UNION TRUSTEE	1.00	Director	$0	$0	$0
PATTY LUDWIKOWSKI	UNION TRUSTEE	1.00	Director	$0	$0	$0
WENDELL ROYSTER	UNION TRUSTEE	1.00	Director	$0	$0	$0
AKIVA GLATZER	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM MERRILL	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
LYNN YANICHKO	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW YARNELL	UNION 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	$19,122,724	$19,591,362	$12,417,709	$-468,638
2022	$18,085,793	$20,484,893	$12,291,297	$-2,399,100
2021	$18,860,587	$20,885,213	$16,377,693	$-2,024,626
2020	$20,334,460	$20,141,792	$17,425,397	$192,668
2019	$20,135,220	$22,999,714	$16,443,691	$-2,864,494
2018	$21,336,558	$21,592,869	$18,095,051	$-256,311

SEIU HEALTHCARE PA HEALTH AND WELFARE FUND