TEAMSTERS LOCAL NO 1150 PRESCRIPTION DRUG BENEFIT FUND (EIN 800499402) - 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

2009

Legal Domicile

Principal Officer

ROCCO CALO

Phone

2032697741

Tax Period

2023-09-01 to 2024-08-31

TEAMSTERS LOCAL NO 1150 PRESCRIPTION DRUG BENEFIT FUND, founded in 2009, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE PRESCRIPTION BENEFITS TO MEMBERS OF TEAMSTERS LOCAL UNION 1150 EMPLOYED AT SIKORSKY AIRCRAFT.

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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 $4,685,122

Investment Income $57,887

Other Revenue $2,406,658

TOTAL REVENUE $7,149,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $124,475

TOTAL EXPENSES $7,661,841

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,149,667	$22,365,330	-0.7%
Expenses	$7,661,841	$21,444,196	-0.6%
Net Income	$-512,174	$921,134	-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

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

$552,719

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SANTAMARIA	(FORMER)UNION TRUSTEE	2.00	Director	$0	$9,258	$33,154
ROCCO CALO	(FORMER)UNION TRUSTEE	2.00	Director	$0	$62,840	$272,955
KALYN REDLOWSK	(FORMER)EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
MELISSA WESSELLS	(FORMER)EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
STEVE LAWRENCE	(FORMER)EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
DENNIS YAREMICH	(FORMER)UNION TRUSTEE	2.00	Director	$0	$53,865	$246,610

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	$7,149,667	$7,661,841	No data	$-512,174
2023	$22,365,330	$21,444,196	$12,141,883	$921,134
2022	$20,007,350	$18,190,362	$10,981,826	$1,816,988
2021	$17,641,485	$15,520,323	$9,663,787	$2,121,162
2020	$16,674,394	$13,745,055	$7,254,310	$2,929,339
2019	$15,200,768	$13,940,325	$4,237,707	$1,260,443
2018	$14,000,718	$12,287,439	$2,722,062	$1,713,279

TEAMSTERS LOCAL NO 1150 PRESCRIPTION DRUG BENEFIT FUND