UAW LEGAL SERVICES PLANS RETIREE HEALTH CARE PLAN (EIN 383603463) - 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

2001

Legal Domicile

Principal Officer

DOLORES GALEA

Phone

3132028100

Tax Period

2020-01-01 to 2020-12-31

UAW LEGAL SERVICES PLANS RETIREE HEALTH CARE PLAN, founded in 2001, is a micro nonprofit that reported $94K in total revenue in fiscal year 2020. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $21.6M exceeded revenue, resulting in a 22806% operating deficit.

Mission

THE PURPOSE OF THE VEBA HAS BEEN TO PROVIDE MEDICAL INSURANCE COVERAGE OR MONTHLY STIPENDS FOR EMPLOYEES WHO RETIRED FROM ONE OF THREE SPONSORING ORGANIZATIONS. THE THREE SPONSORING ORGANIZATIONS ARE BEING LIQUIDATED PURSUANT TO THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENTS THROUGH WHICH THEY WERE ESTABLISHED.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $81,237

Other Revenue $12,976

TOTAL REVENUE $94,213

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $27,062

TOTAL EXPENSES $21,580,308

Year-over-Year Comparison

	2020	2019	Change
Revenue	$94,213	$3,334,296	-1.0%
Expenses	$21,580,308	$864,143	+24.0%
Net Income	$-21,486,095	$2,470,153	-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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOLORES GALEA	DIRECTOR	1.30	Officer Director	$0	$0	$0
HARRELL L BAILEY	CONTROLLER	1.80	Officer Director	$0	$0	$0
ELAINE EIZELMAN	ASSISTANT DIRECTOR	1.00	Officer Director	$0	$0	$0
N/A	TRUSTEE	0.10		$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
2020	$94,213	$21,580,308	No data	$-21,486,095
2019	$3,334,296	$864,143	$21,504,769	$2,470,153
2018	$1,704,620	$863,363	$19,350,104	$841,257

UAW LEGAL SERVICES PLANS RETIREE HEALTH CARE PLAN