AMALGAMATED LIFE AND HEALTH INSURANCE COMPANY (EIN 360721846) - 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

1940

Legal Domicile

Principal Officer

Naomi Hanshew

Phone

3127386106

Tax Period

2021-01-01 to 2021-12-31

AMALGAMATED LIFE AND HEALTH INSURANCE COMPANY, founded in 1940, is a small nonprofit that reported $197K in total revenue in fiscal year 2021. Revenue fell 66% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $175K, a strong 89% operating margin.

Mission

Provided insurance to union 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,951

Investment Income $150,091

Other Revenue $0

TOTAL REVENUE $197,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,029

Fundraising Expenses $0

Program Expenses $0

Other Expenses $17,318

TOTAL EXPENSES $22,347

Year-over-Year Comparison

	2021	2020	Change
Revenue	$197,042	$580,355	-0.7%
Expenses	$22,347	$1,190,185	-1.0%
Net Income	$174,695	$-609,830	-1.3%

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

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
Carlos Ginard	Director/VP	Officer Director	$0	$0	$0
Charles Scherbaum	Director/Secretary-Treasurer	Officer Director	$0	$0	$0
Doug Warren	Director	Director	$0	$0	$0
Gladys Campos	Director	Director	$0	$0	$0
Itzel Munoz	Director	Director	$0	$0	$0
James Skonicki	Director	Director	$0	$0	$0
John Catanzaro	Director	Director	$0	$0	$0
Jose Garcia	Director	Director	$0	$0	$0
Naomi Hanshew	Director/President	Officer Director	$0	$0	$0
Patrick Cronin	Director	Director	$0	$0	$0
Vito Mariani	Director	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
2021	$197,042	$22,347	No data	$174,695
2020	$580,355	$1,190,185	$2,147,991	$-609,830

AMALGAMATED LIFE AND HEALTH INSURANCE COMPANY