UNION HEALTH SERVICE INC (EIN 362302593) - 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

1952

Legal Domicile

Principal Officer

MARSHA LIU

Phone

3124234200

Tax Period

2024-01-01 to 2024-12-31

UNION HEALTH SERVICE INC, founded in 1952, is a mid-sized nonprofit in the Health Care sector that reported $95.1M in total revenue in fiscal year 2024. Expenses of $86.8M left a modest 9% surplus.

Mission

TO OPERATE A VOLUNTARY HEALTH SERVICES PLAN.

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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 $92,647,041

Investment Income $2,246,625

Other Revenue $172,635

TOTAL REVENUE $95,066,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,484,290

Fundraising Expenses $0

Program Expenses $81,190,587

Other Expenses $7,153,100

TOTAL EXPENSES $86,797,263

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,066,301	$91,009,881	+0.0%
Expenses	$86,797,263	$82,964,465	+0.0%
Net Income	$8,269,038	$8,045,416	+0.0%

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

255

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

$1,845,000

Total Directors

$776,253

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEON WOLIN	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS BALANOFF	BOARD VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
GENIE KASTRUP	TREASURER	0.50	Director	$0	$0	$0
DR TIMOTHY HALT	TRUSTEE	32.50	Director	$236,868	$106,669	$343,537
REV MONS KENNETH VELO	TRUSTEE	0.50	Director	$0	$0	$0
EFRAIN ELIAS	TRUSTEE	0.50	Director	$0	$0	$0
MICHAEL SWARZMAN	TRUSTEE	0.50	Director	$0	$0	$0
DR AGNIESZKA BANKOWSKA-BRUKASZ	BOARD SECRETARY / PHYSICIAN	33.50	Officer Director	$262,683	$170,033	$432,716
DR YEVGENYA KAYDANOVA	MEDICAL DIRECTOR - PAST	32.00	Officer	$322,726	$33,517	$356,243
DR SHEILA BHAGAVAN	MEDICAL DIRECTOR - NEW	40.00	Officer	$166,860	$7,861	$174,721
MARSHA LIU	EXECUTIVE DIRECTOR	37.50	Officer	$342,613	$173,405	$516,018
CAROLINE VULLMAHN	CFO & DIRECTOR OF OPERATIONS	37.50	Officer	$226,974	$138,328	$365,302
DR GAYATHRI SUNDARESAN	PHYSICIAN	41.50	Highest	$336,994	$256,897	$593,891
DR TIPBHRAPA JAOJAROENKUL	PHYSICIAN	40.50	Highest	$326,674	$34,276	$360,950
DR PAMELA CRUZ-CARANDANG	PHYSICIAN	40.00	Highest	$329,281	$34,892	$364,173
DR VESNA ZECEVIC-STERNIC	PHYSICIAN	39.50	Highest	$300,333	$144,359	$444,692
DR TATJANA GUZINA	PHYSICIAN	36.00	Highest	$294,853	$319,500	$614,353

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	$95,066,301	$86,797,263	$62,288,897	$8,269,038
2023	$91,009,881	$82,964,465	$50,330,261	$8,045,416
2022	$87,097,711	$84,080,110	$41,600,566	$3,017,601
2021	$88,933,727	$87,693,049	$42,170,759	$1,240,678
2020	$88,176,676	$82,844,092	$39,574,408	$5,332,584
2019	$85,325,747	$86,947,775	$33,490,741	$-1,622,028
2018	$82,271,328	$81,344,665	$33,090,784	$926,663

UNION HEALTH SERVICE INC