Sundstrand Corporation Supplemental Unemployment Benefit Trust Fund

EIN: 366049483

Rockford, IL

Total Revenue
$15,612
Total Expenses
$56,238
Total Assets
$416,009
Net Assets
$416,009
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
DE
Principal Officer
Eric Cunningham
Phone
8607287000
Tax Period
2024-01-01 to 2024-12-31

Sundstrand Corporation Supplemental Unemployment Benefit Trust Fund, founded in 1955, is a micro nonprofit that reported $16K in total revenue in fiscal year 2024. Expenses of $56K exceeded revenue, resulting in a 260% operating deficit.

Mission

To provide supplemental unemployment benefits for Hamilton Sundstrand employees.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $15,612
Other Revenue $0
TOTAL REVENUE $15,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $56,238
TOTAL EXPENSES $56,238

Year-over-Year Comparison

2024 2023 Change
Revenue $15,612 N/A N/A
Expenses $56,238 N/A N/A
Net Income $-40,626 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Roth Trustee 2.00
Officer Director
$0 $0 $0
Tracy Harmon Trustee 2.00
Officer Director
$0 $0 $0
John Cartwright 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
2024 $15,612 $56,238 $416,009 $-40,626
2023 $48,643 $89,446 $451,945 $-40,803
2022 $6,775 $1,290 $452,880 $5,485
2021 $146,799 $898 $456,261 $145,901
2020 $270,790 $581,396 $330,632 $-310,606
2019 $12,040 $1,875 $641,083 $10,165
2018 $11,279 $1,816 $623,974 $9,463
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