UNITE HERE LOCAL 25 & HOTEL ASSOCIATION OF WASHINGTON DC HEALTH & WELFARE FUND (EIN 362941623) - 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

1976

Legal Domicile

Principal Officer

PAUL SCHWALB

Phone

4106836500

Tax Period

2023-01-01 to 2023-12-31

UNITE HERE LOCAL 25 & HOTEL ASSOCIATION OF WASHINGTON DC HEALTH & WELFARE FUND, founded in 1976, is a community nonprofit that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $5.5M left a modest 8% surplus.

Mission

TO PROVIDE DENTAL, OPTICAL AND HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,955,040

Investment Income $33,768

Other Revenue $0

TOTAL REVENUE $5,988,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $265,506

TOTAL EXPENSES $5,480,062

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,988,808	$4,318,586	+0.4%
Expenses	$5,480,062	$4,377,123	+0.3%
Net Income	$508,746	$-58,537	-9.7%

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

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

$873,289

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BOARDMAN	UNION TRUSTEE - CHAIRMAN	1.00	Director	$0	$38,831	$183,647
LINDA MARTIN	UNION TRUSTEE	1.00	Director	$0	$33,266	$155,481
STEPHANIE STEER	UNION TRUSTEE	1.00	Director	$0	$45,410	$145,550
SOLOMON KEENE	EMPLOYER TRUSTEE - PRESIDE	1.00	Director	$0	$27,129	$388,611
SATINDER PALTA	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL D'ANGELO	EMPLOYER TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$5,988,808	$5,480,062	$2,654,861	$508,746
2022	$4,318,586	$4,377,123	$1,772,340	$-58,537
2021	$1,998,618	$2,017,046	$1,998,666	$-18,428
2020	$1,793,118	$2,259,255	$2,132,536	$-466,137
2019	$5,639,118	$5,764,656	$2,489,310	$-125,538
2018	$5,577,633	$4,871,677	$2,601,383	$705,956

UNITE HERE LOCAL 25 & HOTEL ASSOCIATION OF WASHINGTON DC HEALTH & WELFARE FUND