SEIU Local 721 Employee Benefits Trust Fund (EIN 263902233) - 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

1973

Legal Domicile

Principal Officer

DAVID GREEN

Phone

9095202618

Tax Period

2024-07-01 to 2025-06-30

SEIU Local 721 Employee Benefits Trust Fund, founded in 1973, is a community nonprofit in the Mutual Benefit sector that reported $4.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $1.2M, a strong 26% operating margin.

Mission

THE PLAN IS DESIGNED TO PROVIDE BENEFITS FOR ELIGIBLE PARTICIPANTS OF THE PLAN, SUCH AS DENTAL, VISION, CANCER AND CATASTROPHIC, CUSTODIAL CARE, LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, DISABILITY, LEGAL SERVICES AND CHIROPRATIC INSURANCE.

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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 $4,432,471

Investment Income $219,568

Other Revenue $0

TOTAL REVENUE $4,652,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $867,425

TOTAL EXPENSES $3,433,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,652,039	$4,945,219	-0.1%
Expenses	$3,433,548	$3,691,636	-0.1%
Net Income	$1,218,491	$1,253,583	0.0%

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
SIMBOA WRIGHT	TRUSTEE	Director	$0	$0	$0
ADOLFO GRANADOS	ALTERNATE TRUSTEE	Director	$0	$0	$0
JAIME LOPEZ	TRUSTEE	Director	$0	$0	$0
RAMON RUBALCAVA	ALTERNATIVE TRUSTEE (FORMER)	Director	$0	$0	$0
DAVID GREEN	CHAIRMAN	Director	$0	$0	$0
RUBEN SOTO	ALTERNATE TRUSTEE	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
2025	$4,652,039	$3,433,548	$12,773,252	$1,218,491
2024	$4,945,219	$3,691,636	$11,232,780	$1,253,583
2023	$4,876,922	$3,866,029	$9,594,178	$1,010,893
2022	$5,141,753	$4,029,615	$8,603,622	$1,112,138
2021	$5,752,194	$4,550,668	$8,017,256	$1,201,526
2020	$5,766,670	$4,753,283	$6,992,526	$1,013,387
2019	$5,593,009	$4,888,645	$6,382,203	$704,364
2018	$5,726,471	$4,715,293	$5,565,588	$1,011,178

SEIU Local 721 Employee Benefits Trust Fund