NATIONAL CORRECTIONAL EMPLOYEES UNION HEALTH AND WELFARE FUND (EIN 266426376) - 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

2009

Legal Domicile

Principal Officer

Christopher Murphy

Phone

4137886238

Tax Period

2023-07-01 to 2024-06-30

NATIONAL CORRECTIONAL EMPLOYEES UNION HEALTH AND WELFARE FUND, founded in 2009, is a community nonprofit in the Mutual Benefit sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

ADMINISTER HEALTH & WELFARE BENEFITS FOR MEMBERS OF THE NCEU UNION

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,093,102

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,093,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,325

Fundraising Expenses $0

Program Expenses $1,132,378

Other Expenses $82,125

TOTAL EXPENSES $1,132,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,093,102	$942,598	+0.2%
Expenses	$1,132,378	$950,997	+0.2%
Net Income	$-39,276	$-8,399	+3.7%

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

Employees

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

$149,533

Total Directors

$149,533

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher Murphy	Union Co-Chair	4.00	Officer Director	$0	$0	$149,533
Renee Dill	Emp. Co-Chair	4.00	Officer Director	$0	$0	$0
Jamie McCourt	Trustee	2.00	Director	$0	$0	$0
Michael Pires	Trustee	2.00	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	$1,093,102	$1,132,378	$262,849	$-39,276
2023	$942,598	$950,997	$302,435	$-8,399
2022	$881,441	$878,325	$319,366	$3,116
2021	$890,784	$854,912	$381,372	$35,872
2020	$893,839	$795,260	$298,747	$98,579
2019	$864,213	$870,006	$253,684	$-5,793
2018	$817,928	$863,075	$257,234	$-45,147

NATIONAL CORRECTIONAL EMPLOYEES UNION HEALTH AND WELFARE FUND