UNITED FOOD & COMMERCIAL WORKERS BUILDING FUND CORP (EIN 581633146) - 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

1960

Legal Domicile

Principal Officer

LEON E SHEPPARD JR

Phone

9017581529

Tax Period

2023-01-01 to 2023-12-31

UNITED FOOD & COMMERCIAL WORKERS BUILDING FUND CORP, founded in 1960, is a small nonprofit that reported $199K in total revenue in fiscal year 2023. Expenses of $247K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE A FACILITY FOR THE BENEFIT OF THE MEMBERSHIP

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6,694

Other Revenue $192,152

TOTAL REVENUE $198,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $246,883

TOTAL EXPENSES $246,883

Year-over-Year Comparison

	2023	2022	Change
Revenue	$198,846	$194,407	+0.0%
Expenses	$246,883	$229,575	+0.1%
Net Income	$-48,037	$-35,168	+0.4%

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

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

$892,072

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	SECTY/TREAS	002.00	Officer	$0	$0	$300,417
N/A	PRESIDENT	002.00	Officer	$0	$0	$299,736
N/A	VICE PRES	002.00	Officer	$0	$0	$106,803
N/A	VICE PRES	002.00	Officer	$0	$0	$83,669
N/A	VICE PRES/EXEC BD	002.00	Officer	$0	$0	$51,104
N/A	VICE PRES/EXEC BD	002.00	Officer	$0	$0	$41,829
N/A	VICE PRES/EXEC BD	002.00	Officer	$0	$0	$2,601
N/A	VICE PRES/EXEC BD	002.00	Officer	$0	$0	$2,426
N/A	VICE PRES/EXEC BD	002.00	Officer	$0	$0	$1,953
N/A	VICE PRES/EXEC BD	002.00	Officer	$0	$0	$1,534

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	$198,846	$246,883	$1,039,244	$-48,037
2022	$194,407	$229,575	$1,086,949	$-35,168
2021	$219,125	$227,446	$1,202,294	$-8,321
2020	$146,258	$211,360	$1,188,232	$-65,102

UNITED FOOD & COMMERCIAL WORKERS BUILDING FUND CORP