TEAMSTERS LOCAL NO 377 HEALTH & WELFARE FUND (EIN 340755508) - 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

1958

Legal Domicile

Principal Officer

RALPH COOK

Phone

3302700453

Tax Period

2024-09-01 to 2025-08-31

TEAMSTERS LOCAL NO 377 HEALTH & WELFARE FUND, founded in 1958, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO PROVIDE HEALTH & WELFARE BENEFITS TO MEMBERS.

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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 $6,429,050

Investment Income $328,194

Other Revenue $441,166

TOTAL REVENUE $7,198,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $408,454

TOTAL EXPENSES $7,123,941

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,198,410	$7,725,360	-0.1%
Expenses	$7,123,941	$7,182,233	0.0%
Net Income	$74,469	$543,127	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RALPH SAM COOK	UNION TRUSTEE	0.50	Director	$0	$0	$0
STEVE ANZEVINO	UNION TRUSTEE	0.50	Director	$0	$0	$0
BOBBI TERWILLIGER	UNION TRUSTEE	0.50	Director	$0	$0	$0
JOSEPH KEROLA	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
JOSEPH VILLANO THRU 125	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
JOHN ANNECHENNI	EMPLOYER 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
2025	$7,198,410	$7,123,941	$11,231,240	$74,469
2024	$7,725,360	$7,182,233	$10,735,914	$543,127
2023	$8,186,773	$8,135,588	$9,798,675	$51,185
2022	$7,336,589	$8,037,714	$9,950,179	$-701,125
2021	$7,677,508	$6,876,000	$11,571,182	$801,508
2020	$7,609,335	$5,715,322	$10,078,625	$1,894,013
2019	$7,890,496	$5,318,412	$8,013,881	$2,572,084
2018	$7,924,314	$7,325,883	$5,093,827	$598,431

TEAMSTERS LOCAL NO 377 HEALTH & WELFARE FUND