WAREHOUSE EMPLOYEES LOCAL NO 570 TRUST FUND (EIN 526048847) - 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

1983

Legal Domicile

Principal Officer

SEAN CEDENIO

Phone

4102820510

Tax Period

2023-10-01 to 2024-09-30

WAREHOUSE EMPLOYEES LOCAL NO 570 TRUST FUND, founded in 1983, is a mid-sized nonprofit that reported $21.1M in total revenue in fiscal year 2023. The organization ran a surplus of $3.7M, a strong 17% operating margin.

Mission

TO PROVIDE HEALTH AND DENTAL BENEFITS TO MEMBERS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $19,504,862

Investment Income $1,538,041

Other Revenue $60,999

TOTAL REVENUE $21,103,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $345,872

Fundraising Expenses $0

Other Expenses $703,915

TOTAL EXPENSES $17,446,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,103,902	$20,123,396	+0.0%
Expenses	$17,446,743	$19,086,934	-0.1%
Net Income	$3,657,159	$1,036,462	+2.5%

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

N/A

Employees

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

$284,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN CEDENIO	TRUSTEE	1.00	Director	$0	$19,968	$147,182
RICHARD BROWN	TRUSTEE	1.00	Director	$0	$19,968	$137,423
JEREMY RIDDLE	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM HEIL	TRUSTEE	1.00	Director	$0	$0	$0
ROY KOHN	TRUSTEE	1.00	Director	$0	$0	$0
JAVIER SANCHEZ	TRUSTEE	1.00	Director	$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
2024	$21,103,902	$17,446,743	$40,359,739	$3,657,159
2023	$20,123,396	$19,086,934	$33,633,485	$1,036,462
2022	$19,375,202	$20,924,439	$32,295,634	$-1,549,237
2021	$18,135,533	$17,605,069	$37,826,631	$530,464
2020	$17,702,756	$14,198,663	$35,638,799	$3,504,093
2019	$17,189,368	$15,986,825	$30,810,513	$1,202,543
2018	$16,424,127	$15,735,072	$28,259,568	$689,055

WAREHOUSE EMPLOYEES LOCAL NO 570 TRUST FUND