UAW RETIREES OF THE BUDD COMPANY HEALTH AND WELFARE TRUST

EIN: 813021883 Mutual Benefit

WASHINGTON, DC

Total Revenue
$20,877,745
Total Expenses
$25,951,073
Total Assets
$454,507,305
Net Assets
$454,376,939
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
GARY PETRONI
Phone
2028570620
Tax Period
2023-01-01 to 2023-12-31

UAW RETIREES OF THE BUDD COMPANY HEALTH AND WELFARE TRUST, founded in 2016, is a mid-sized nonprofit in the Mutual Benefit sector that reported $20.9M in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $26.0M exceeded revenue, resulting in a 24% operating deficit.

Mission

TO HELP FUND CERTAIN BENEFITS PROVIDED TO ELIGIBLE RETIRED EMPLOYEES OF THE BUDD COMPANY AND OTHER ELIGIBLE INDIVIDUALS.

Program Service Accomplishments

Program 1

PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,489,670
Investment Income $12,388,075
Other Revenue $0
TOTAL REVENUE $20,877,745

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,193
Fundraising Expenses $0
Other Expenses $2,394,594
TOTAL EXPENSES $25,951,073

Year-over-Year Comparison

2023 2022 Change
Revenue $20,877,745 $9,757,077 +1.1%
Expenses $25,951,073 $23,852,764 +0.1%
Net Income $-5,073,328 $-14,095,687 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
5
$226,566
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE DANIELS PHD COMMITTEE MEMBER 1.00
Director
$17,981 $0 $58,365
GARY PETRONI CHAIRPERSON 1.00
Director
$21,407 $0 $58,351
FRANCINE PARKER COMMITTEE MEMBER 1.00
Director
$17,981 $0 $54,925
RICK ISAACSON COMMITTEE MEMBER 1.00
Director
$17,981 $0 $54,925
GEORGE HARDY COMMITTEE MEMBER 1.00
Director
$0 $0 $0
N/A INSTITUTIONAL TRUSTEE 1.00
$9,120 $0 $9,120
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 $20,877,745 $25,951,073 $454,507,305 $-5,073,328
2022 $9,757,077 $23,852,764 $427,740,694 $-14,095,687
2021 $32,293,120 $23,643,241 $502,021,542 $8,649,879
2020 $15,420,523 $24,571,721 $494,153,594 $-9,151,198
2019 $12,659,961 $29,301,497 $477,202,112 $-16,641,536
2018 $31,533,908 $30,183,828 $455,748,646 $1,350,080
Explore More Nonprofits
→Top 100 Nonprofits in District of Columbia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare UAW RETIREES OF THE BUDD COMPANY HEALTH AND WELFARE TRUST with other nonprofits in District of Columbia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.