SEIU LOCAL 1877 WORKERS COMPENSATION BENEFITS TRUST FUND (EIN 352304242) - 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

2007

Legal Domicile

Principal Officer

RICHARD E DOTTS

Phone

6263058500

Tax Period

2025-01-01 to 2025-12-31

SEIU LOCAL 1877 WORKERS COMPENSATION BENEFITS TRUST FUND, founded in 2007, is a small nonprofit in the Mutual Benefit sector that reported $974K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $939K left a modest 4% surplus.

Mission

THE ORGANIZATION PROVIDES ADMINISTRATIVE SERVICES, CLAIMS ARBITRATION, AND REPRESENTATION FOR COVERED EMPLOYEES WITH INSURANCE CARRIERS IN WORKER'S COMPENSATION CLAIMS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $973,661

Investment Income $212

Other Revenue $0

TOTAL REVENUE $973,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $908,790

Other Expenses $29,903

TOTAL EXPENSES $938,693

Year-over-Year Comparison

	2025	2024	Change
Revenue	$973,873	$828,724	+0.2%
Expenses	$938,693	$836,653	+0.1%
Net Income	$35,180	$-7,929	-5.4%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

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
RICHARD DOTTS	CHAIRMAN	2.00	Director	$0	$0	$0
MARK SHERWOOD	CO-CHAIRMAN	2.00	Director	$0	$0	$0
CAROLE THORSELL	TRUSTEE	2.00	Director	$0	$0	$0
DAVID STILWELL	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
2025	$973,873	$938,693	$46,231	$35,180
2024	$828,724	$836,653	$11,051	$-7,929
2023	$800,498	$814,417	$18,980	$-13,919
2022	$762,408	$811,274	$32,899	$-48,866
2021	$840,880	$810,397	$81,765	$30,483
2020	$744,286	$764,045	$51,282	$-19,759
2019	$761,621	$745,472	$71,041	$16,149
2018	$631,436	$623,258	$54,892	$8,178

SEIU LOCAL 1877 WORKERS COMPENSATION BENEFITS TRUST FUND