RETAIL WHOLESALE & DEPARTMENT STORE INTL UNION & INDUSTRY HEALTH & BENEFIT FUND (EIN 630373544) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

JOSHUA BREWER

Phone

2052523586

Tax Period

2024-01-01 to 2024-12-31

RETAIL WHOLESALE & DEPARTMENT STORE INTL UNION & INDUSTRY HEALTH & BENEFIT FUND, founded in 1956, is a mid-sized nonprofit that reported $52.7M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $62.7M exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDES HEALTHCARE BENEFITS TO PLAN PARTICIPANTS AND THEIR DEPENDENTS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,649,918

Investment Income $4,284,390

Other Revenue $0

TOTAL REVENUE $50,934,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $779,647

Fundraising Expenses $0

Other Expenses $3,912,501

TOTAL EXPENSES $51,168,156

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,934,308	$64,236,980	-0.2%
Expenses	$51,168,156	$45,895,504	+0.1%
Net Income	$-233,848	$18,341,476	-1.0%

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

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

$202,878

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN A WHITAKER	TRUSTEE	5.00	Director	$0	$0	$0
EDDIE ALLEN	TRUSTEE/SECRETARY	5.00	Officer Director	$0	$0	$0
STUART H APPELBAUM	TRUSTEE/CHAIRMAN	5.00	Officer Director	$0	$0	$0
MARSUE D LANCASTER	TRUSTEE	5.00	Director	$0	$0	$0
JOSEPH DORISMOND	TRUSTEE	5.00	Director	$0	$0	$0
JOSHUA BREWER	FUND ADMINISTRATOR	40.00	Key Emp	$101,439	$0	$202,878

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	$50,934,308	$51,168,156	$68,830,402	$-233,848
2023	$64,236,980	$45,895,504	$64,307,216	$18,341,476
2022	$47,302,998	$47,427,695	$59,142,533	$-124,697
2021	$50,231,512	$52,648,094	$67,753,858	$-2,416,582
2020	$58,875,285	$57,590,258	$62,650,350	$1,285,027
2019	$62,086,350	$66,145,305	$59,724,336	$-4,058,955
2018	$52,697,053	$62,713,560	$63,993,258	$-10,016,507

RETAIL WHOLESALE & DEPARTMENT STORE INTL UNION & INDUSTRY HEALTH & BENEFIT FUND