NEW ERA EMPLOYEE WELFARE BENEFIT TRUST (EIN 760311901) - 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

1990

Legal Domicile

Principal Officer

BILL CHEN

Phone

2813687200

Tax Period

2024-01-01 to 2024-12-31

NEW ERA EMPLOYEE WELFARE BENEFIT TRUST, founded in 1990, is a community nonprofit in the Civil Rights & Advocacy sector that reported $3.3M in total revenue in fiscal year 2024. Expenses of $3.1M left a modest 6% surplus.

Mission

THE PLAN'S PRIMARY PURPOSE IS TO PROVIDE MAJOR MEDICAL AND OPTIONAL DENTAL BENEFITS TO ALL FULL-TIME EMPLOYEES AND TO THEIR BENFICIARIES AND COVERED DEPENDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,285,415

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,285,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $599,011

TOTAL EXPENSES $3,101,058

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,285,415	$3,347,148	0.0%
Expenses	$3,101,058	$3,780,209	-0.2%
Net Income	$184,357	$-433,061	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL CHEN	TRUSTEE	1.00	Director	$0	$0	$0
MARY FRAZIER	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	$3,285,415	$3,101,058	$617,694	$184,357
2023	$3,347,148	$3,780,209	$418,508	$-433,061
2022	$3,208,580	$3,709,395	$10,071	$-500,815
2021	$2,841,856	$3,357,255	$416,993	$-515,399
2020	$2,679,252	$2,798,943	$898,710	$-119,691
2019	$2,515,129	$2,190,728	$810,851	$324,401
2018	$2,272,533	$2,406,396	$747,991	$-133,863

NEW ERA EMPLOYEE WELFARE BENEFIT TRUST