TRANSIT EMPLOYEES' HEALTH & WELFARE PLAN

EIN: 530218578

FORESTVILLE, MD

Total Revenue
$177,136,111
Total Expenses
$182,578,789
Total Assets
$82,604,437
Net Assets
$82,338,626
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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
1954
Legal Domicile
MD
Principal Officer
JAMES MCGEE
Phone
3015682294
Tax Period
2023-01-01 to 2023-12-31

TRANSIT EMPLOYEES' HEALTH & WELFARE PLAN, founded in 1954, is a major nonprofit that reported $177.1M in total revenue in fiscal year 2023.

Mission

THE TRANSIT EMPLOYEES' HEALTH & WELFARE FUND (THE PLAN) PROVIDES ITS MEMBERS A RANGE OF BENEFITS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $176,147,162
Investment Income $988,949
Other Revenue $0
TOTAL REVENUE $177,136,111

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,807,974
Fundraising Expenses $0
Other Expenses $1,920,454
TOTAL EXPENSES $182,578,789

Year-over-Year Comparison

2023 2022 Change
Revenue $177,136,111 $175,227,009 +0.0%
Expenses $182,578,789 $166,520,338 +0.1%
Net Income $-5,442,678 $8,706,671 -1.6%
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
6
Independent Members
6
Employees
33
Volunteers
7

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
4
$480,357
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND JACKSON SECRETARY 1.50
Officer Director
$0 $0 $0
ESKER BILGER TRUSTEE 1.00
Director
$0 $0 $0
KEITH BULLOCK TRUSTEE 1.00
Director
$0 $0 $0
SHERRI T DICKERSON TRUSTEE 1.00
Director
$0 $0 $0
ROBERT TANG TRUSTEE - AS OF 01/2023 1.00
Director
$0 $0 $0
BRIAN DWYER TRUSTEE 1.00
Director
$0 $0 $0
ERIC L GHRISTENSEN TRUSTEE - UNTIL 01/2023 1.00
Director
$0 $0 $0
JAMES L MCGEE INTERIM EXECUTIVE DIRECTOR 1.00
Officer
$247,800 $0 $247,800
CRYSTAL M LONG CHIEF FINANCIAL OFFICER 1.00
Officer
$164,719 $10,791 $175,510
TONYA JACKSON EXECUTIVE DIRECTOR (TO 3/2023) 1.00
Officer
$48,009 $9,038 $57,047
BERTHA VILLATORO SR. MGR, MBR AFFAIRS & SATISFACTION 1.00
Highest
$110,392 $22,626 $133,018
PHILLIP PLYMOUTH CONTROLLER 1.00
Highest
$139,582 $10,719 $150,301
JACQUELYN WILSON SR. MGR, HEALTH & WELLNESS 1.00
Highest
$107,552 $8,530 $116,082
KERRI KERR DIRECTOR OF BENEFITS & ELIGIBILTY 1.00
Highest
$143,693 $27,240 $170,933
BRANDON GRAVES DIRECTOR OF WELLNESS 1.00
Highest
$117,948 $10,791 $128,739
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 $177,136,111 $182,578,789 $82,604,437 $-5,442,678
2022 $175,227,009 $166,520,338 $88,879,510 $8,706,671
2021 $161,587,014 $171,035,495 $79,100,100 $-9,448,481
2020 $173,866,244 $166,067,330 $87,415,434 $7,798,914
2019 $175,271,841 $168,141,970 $76,908,168 $7,129,871
2018 $172,016,837 $167,493,190 $60,533,107 $4,523,647
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