AFL-CIO HEALTH & WELFARE TRUST (EIN 386847980) - 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

2007

Legal Domicile

Principal Officer

FREDRICK REDMOND

Phone

2026375250

Tax Period

2023-01-01 to 2023-12-31

AFL-CIO HEALTH & WELFARE TRUST, founded in 2007, is a mid-sized nonprofit in the Mutual Benefit sector that reported $43.5M in total revenue in fiscal year 2023.

Mission

SEE SCHEDULE "O"THE TRUST WAS ESTABLISHED TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES OF THE AFL-CIO, AFFILIATED DEPARTMENTS, STATE AND LOCAL CENTRAL BODIES AND OTHER AFFILIATED ENTITIES.

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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 $42,488,775

Investment Income $1,020,431

Other Revenue $0

TOTAL REVENUE $43,509,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,376,414

TOTAL EXPENSES $42,764,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,509,206	$41,869,026	+0.0%
Expenses	$42,764,912	$39,405,547	+0.1%
Net Income	$744,294	$2,463,479	-0.7%

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

N/A

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

$1,613,108

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDRICK REDMOND	TRUSTEE	2.00	Director	$0	$89,907	$335,507
LINDA BRIDGES	TRUSTEE	2.00	Director	$0	$0	$159,613
TOM LEIBFRIED	TRUSTEE	2.00	Director	$0	$70,555	$194,838
MACK HARRELL	TRUSTEE	2.00	Director	$0	$80,528	$249,085
JOEL GATZ FORMER	TRUSTEE	2.00	Director	$0	$55,465	$157,992
SAMANTHA CONNOLLY FORMER	TRUSTEE	2.00	Director	$0	$40,231	$142,523
MICHAEL NOONAN FORMER	TRUSTEE	2.00	Director	$0	$0	$0
KENNETH DEAN FORMER	TRUSTEE	2.00	Director	$0	$76,235	$373,550

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	$43,509,206	$42,764,912	$28,516,072	$744,294
2022	$41,869,026	$39,405,547	$27,017,350	$2,463,479
2021	$39,741,283	$40,145,982	$27,244,450	$-404,699
2020	$38,969,835	$36,374,840	$26,473,145	$2,594,995
2019	$37,173,736	$37,950,889	$24,048,360	$-777,153
2018	$37,285,286	$36,036,415	$22,627,021	$1,248,871

AFL-CIO HEALTH & WELFARE TRUST