UNITEHERE UNION AND EMPLOYERS HEALTH AND WELFARE FUND (EIN 581123253) - 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

1971

Legal Domicile

Principal Officer

MATTHEW WALKER

Phone

7704834818

Tax Period

2021-07-01 to 2021-12-31

UNITEHERE UNION AND EMPLOYERS HEALTH AND WELFARE FUND, founded in 1971, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.2M, a strong 30% operating margin.

Mission

HEALTH & WELFARE 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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,303,173

Investment Income $577,349

Other Revenue $23,008

TOTAL REVENUE $3,903,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,715,441

Other Expenses $238,988

TOTAL EXPENSES $2,715,441

Year-over-Year Comparison

	2021	2020	Change
Revenue	$3,903,530	$6,332,543	-0.4%
Expenses	$2,715,441	$6,752,436	-0.6%
Net Income	$1,188,089	$-419,893	-3.8%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LATOYA COLVIN	UNION TRUSTEE	0.50	Director	$0	$0	$0
CHUCK HENDRICKS	FUND CHAIR	0.50	Director	$0	$0	$0
LINDA GAMBERG	UNION TRUSTEE	0.50	Director	$0	$0	$0
BOB MATUSZAK	FUND SECRETARY	0.50	Director	$0	$0	$0
WAYNE DYE	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
JOSEPH SAVAGE	EMPLOYER TRUSTEE	0.50	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
2021	$6,332,543	$6,752,436	$9,325,984	$-419,893
2021	$3,903,530	$2,715,441	No data	$1,188,089
2020	$6,829,692	$6,400,943	$9,393,381	$428,749
2019	$5,980,965	$4,878,029	$8,583,235	$1,102,936

UNITEHERE UNION AND EMPLOYERS HEALTH AND WELFARE FUND