TALEN ENERGY HEALTH AND WELFARE BENEFIT

EIN: 846732452

PITTSBURGH, PA

Total Revenue
$5,263,110
Total Expenses
$5,050,081
Total Assets
$414,642
Net Assets
$414,642
🔒

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
2020
Legal Domicile
TX
Phone
4122342242
Tax Period
2023-01-01 to 2023-12-31

TALEN ENERGY HEALTH AND WELFARE BENEFIT, founded in 2020, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $5.1M left a modest 4% surplus.

Mission

A 501(C)(9) TRUST ESTABLISHED FOR THE FUNDING AND PAYMENT OF RETIREE MEDICAL AND LIFE INSURANCE COSTS.

🔒

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 $5,241,969
Investment Income $21,141
Other Revenue $0
TOTAL REVENUE $5,263,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,436
Fundraising Expenses $0
Other Expenses $95,355
TOTAL EXPENSES $5,050,081

Year-over-Year Comparison

2023 2022 Change
Revenue $5,263,110 $4,612,340 +0.1%
Expenses $5,050,081 $8,899,836 -0.4%
Net Income $213,029 $-4,287,496 -1.0%
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
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THE BANK OF NEW YORK MELLON TRUSTEE (SEE SCHEDULE O) 0.0
$6,436 $0 $6,436
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 $5,263,110 $5,050,081 $414,642 $213,029
2023 $5,263,110 $5,050,080 $414,642 $213,030
2022 $4,612,340 $8,899,836 $201,613 $-4,287,496
2021 $4,547,669 $23,392,112 $4,455,296 $-18,844,443
2020 $4,879,263 $18,312,459 $8,284,313 $-13,433,196
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TALEN ENERGY HEALTH AND WELFARE BENEFIT with other nonprofits in Pennsylvania 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.