TALEN ENERGY SALARIED RETIREE GROUP LIFE

EIN: 477016303 Employment

PITTSBURGH, PA

Total Revenue
$96,618
Total Expenses
$540,317
Total Assets
$4,765,756
Net Assets
$4,765,756
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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
2015
Legal Domicile
PA
Phone
4122342245
Tax Period
2024-01-01 to 2024-12-31

TALEN ENERGY SALARIED RETIREE GROUP LIFE, founded in 2015, is a micro nonprofit in the Employment sector that reported $97K in total revenue in fiscal year 2024. Expenses of $540K exceeded revenue, resulting in a 459% operating deficit.

Mission

A 501 (C) (9) TRUST ESTABLISHED FOR THE FUNDING AND PAYMENT OF COVERED RETIREE LIFE INSURANCE COSTS 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $96,618
Other Revenue $0
TOTAL REVENUE $96,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,813
Fundraising Expenses $0
Other Expenses $32,786
TOTAL EXPENSES $540,317

Year-over-Year Comparison

2024 2023 Change
Revenue $96,618 $-62,360 -2.5%
Expenses $540,317 $551,101 0.0%
Net Income $-443,699 $-613,461 -0.3%
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
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE (SEE SCHEDULE O) N/A
$3,813 $0 $3,813
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 $96,618 $540,317 $4,765,756 $-443,699
2023 $-62,360 $551,101 $5,073,800 $-613,461
2022 $242,614 $520,089 $5,091,042 $-277,475
2021 $677,212 $517,368 $7,378,023 $159,844
2020 $609,404 $472,886 $7,455,212 $136,518
2019 $472,209 $445,371 $6,855,664 $26,838
2018 $383,872 $378,926 $5,958,906 $4,946
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