GANNETT CO INC SUPPLEMENTAL UNEMPLOYMENT BENEFIT PAY PLAN TRUST

EIN: 276077064

MCLEAN, VA

Total Revenue
$4,067,299
Total Expenses
$4,052,007
Total Assets
$19,054
Net Assets
$19,054
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
WALTER NAGEL
Phone
7038546000
Tax Period
2018-01-01 to 2018-12-31

GANNETT CO INC SUPPLEMENTAL UNEMPLOYMENT BENEFIT PAY PLAN TRUST, founded in 2009, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2018. Revenue fell 45% from the prior year — a significant decline worth monitoring.

Mission

THE TRUST WAS ESTABLISHED TO PROVIDE ELIGIBLE EMPLOYEES OF GANNETT CO., INC. AND ITS SUBSIDIARIES A SUPPLEMENT TO STATE UNEMPLOYMENT BENEFITS IN THE EVENT OF AN INVOLUNTARY LOSS OF EMPLOYMENT WITH THE COMPANY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,067,299
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,067,299

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,051,254
Other Expenses $753
TOTAL EXPENSES $4,052,007

Year-over-Year Comparison

2018 2017 Change
Revenue $4,067,299 $7,412,112 -0.5%
Expenses $4,052,007 $7,408,676 -0.5%
Net Income $15,292 $3,436 +3.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB DICKEY TRUSTEE 0.50
Director
$0 $0 $0
ALI ENGEL TRUSTEE 0.50
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
2018 $4,067,299 $4,052,007 $19,054 $15,292
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