TI RETIREE WELFARE BENEFIT TRUST NO 8 (FKA TI RETIREE WELFARE BENEFIT TRUST NO 6) (EIN 367332055) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

SHANNON FREEZE-FLORY

Phone

9729953333

Tax Period

2023-01-01 to 2023-08-31

TI RETIREE WELFARE BENEFIT TRUST NO 8 (FKA TI RETIREE WELFARE BENEFIT TRUST NO 6), founded in 2000, is a mid-sized nonprofit that reported $11.0M in total revenue in fiscal year 2022. Revenue surged 86% from the prior year, signaling strong growth momentum. Expenses of $31.5M exceeded revenue, resulting in a 186% operating deficit.

Mission

ACCESS TO GROUP MEDICAL AND/OR DENTAL COVERAGE DURING RETIREMENT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $925,667

Investment Income $10,087,245

Other Revenue $0

TOTAL REVENUE $11,012,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,588,431

TOTAL EXPENSES $31,504,601

Year-over-Year Comparison

	2022	2021	Change
Revenue	$11,012,912	$5,906,478	+0.9%
Expenses	$31,504,601	$21,907,033	+0.4%
Net Income	$-20,491,689	$-16,000,555	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THE NORTHERN TRUST COMPANY	TRUSTEE	1.0		$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
2023	$11,012,912	$31,504,601	No data	$-20,491,689
2022	$5,906,478	$21,907,033	$27,697,347	$-16,000,555
2021	$9,132,736	$583,337	$57,808,980	$8,549,399
2020	$2,035,957	$42,809	$48,199,763	$1,993,148
2019	$207,245	$108,783	$41,271,664	$98,462
2018	$1,377,070	$96,003	$32,422,177	$1,281,067

TI RETIREE WELFARE BENEFIT TRUST NO 8 (FKA TI RETIREE WELFARE BENEFIT TRUST NO 6)