LANDOVER, MD
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)UNITED FOOD AND COMMERCIAL WORKERS UNIONS AND PARTICIPATING EMPLOYERS HEALTH & WELFARE FUND, founded in 1961, is a mid-sized nonprofit that reported $11.8M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $10.4M left a modest 12% surplus.
THE TRUST WAS ESTABLISHED BY UNITED FOOD AND COMMERICAL WORKERS LOCAL UNIONS 27 AND 400 AND PARTICIPATING EMPLOYERS TO RECEIVE CONTRIBUTIONS AND HOLD THE ASSETS FOR A MULTIEMPLOYER, COLLECTIVELY BARGAINED EMPLOYEE BENEFIT PLAN.
SERVED AS THE TRUST FOR A MULTIEMPLOYER WELFARE BENEFIT FUND THAT PROVIDES MEDICAL, HOSPITAL, ACCIDENT AND SICKNESS, MENTAL HEALTH AND SUBSTANCE ABUSE, PRESCRIPTION DRUG, DENTAL, VISION, LIFE...
SERVED AS THE TRUST FOR A MULTIEMPLOYER WELFARE BENEFIT FUND THAT PROVIDES MEDICAL, HOSPITAL, ACCIDENT AND SICKNESS, MENTAL HEALTH AND SUBSTANCE ABUSE, PRESCRIPTION DRUG, DENTAL, VISION, LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO PARTICIPANTS AND DEPENDENTS COVERED BY COLLECTIVE BARGAINING AGREEMENTS AND PARTICIPATION AGREEMENTS.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $11,808,120 | $13,949,746 | -0.2% |
| Expenses | $10,403,250 | $14,101,462 | -0.3% |
| Net Income | $1,404,870 | $-151,716 | -10.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JASON CHORPENNING | UNION TRUSTEE | 1.0 |
Director
|
$0 | $32,833 | $415,443 |
| THOMAS HIPKINS | UNION TRUSTEE | 1.0 |
Director
|
$0 | $32,695 | $306,420 |
| MARK FEDERICI | UNION TRUSTEE/CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $33,869 | $259,812 |
| MICHAEL WILSON | UNION TRUSTEE | 1.0 |
Director
|
$0 | $32,244 | $190,306 |
| VALERIE MARSH | EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| PEGGY LIN | Employer Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| STEVEN LOEFFLER | INDEPENDENT EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| ELIZABETH M FIERGOLA | EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| WILLIAM SEEHAFER | EMPLOYER TRUSTEE/SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $11,808,120 | $10,403,250 | $6,198,492 | $1,404,870 |
| 2022 | $13,949,746 | $14,101,462 | $4,704,636 | $-151,716 |
| 2021 | $10,452,660 | $14,145,306 | $4,799,903 | $-3,692,646 |
| 2020 | $11,718,370 | $17,020,852 | $8,545,978 | $-5,302,482 |
| 2019 | $20,837,591 | $20,282,674 | $13,825,769 | $554,917 |
| 2018 | $26,504,150 | $22,618,749 | $13,223,545 | $3,885,401 |
Compare UNITED FOOD AND COMMERCIAL WORKERS UNIONS AND PARTICIPATING EMPLOYERS HEALTH & WELFARE FUND with other nonprofits in Maryland and across the country.