UAW-FORD VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST FUND

EIN: 850748670 Mutual Benefit

DETROIT, MI

Total Revenue
$12,771,619
Total Expenses
$12,014,730
Total Assets
$35,206,374
Net Assets
$33,638,927
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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
2020
Legal Domicile
MI
Principal Officer
DARRYL GOODWIN
Phone
3133927222
Tax Period
2023-01-01 to 2023-12-31

UAW-FORD VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST FUND, founded in 2020, is a mid-sized nonprofit in the Mutual Benefit sector that reported $12.8M in total revenue in fiscal year 2023. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $12.0M left a modest 6% surplus.

Mission

THE UAW FORD VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING APPRENTICE AND TRAINING CLASSES, TUITION ASSISTANCE, AND EMPLOYEE SUPPORT SERVICES TO ITS CURRENT EMPLOYEES UNDER A COLLECTIVELY BARGAINED AGREEMENT, ON BEHALF OF THE UNITED AUTOMOBILE, AEROSPACE, AND AGRICULTURAL IMPLEMEN WORKERS OF AMERICA AND FORD MOTOR COMPANY, IN COMPLIANCE WITH THE TAFT-HARTLEY ACT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $12,680,453
Investment Income $0
Other Revenue $91,166
TOTAL REVENUE $12,771,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,409,964
Fundraising Expenses $0
Other Expenses $2,270,422
TOTAL EXPENSES $12,014,730

Year-over-Year Comparison

2023 2022 Change
Revenue $12,771,619 $6,385,269 +1.0%
Expenses $12,014,730 $10,221,063 +0.2%
Net Income $756,889 $-3,835,794 -1.2%
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

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Governance

Voting Members
11
Independent Members
11
Employees
25
Volunteers
11

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT BRITTON DIRECTOR 0.00
Director
$0 $0 $0
CHUCK BROWNING VICE PRESIDE 0.00
Director
$0 $0 $0
SEAN COUGHLIN TRUSTEE 0.00
Director
$0 $0 $0
SCOTT ESKRIDGE ADMIN. ASSIS 0.00
Director
$0 $0 $0
DARRYL GOODWIN EXECUTIVE DI 0.00
Director
$0 $0 $0
RIMA JASSER TRUSTEE 0.00
Director
$0 $0 $0
BRANDON KEATTS TOP ADMIN. A 0.00
Director
$0 $0 $0
MICHAEL LANK EXECUTIVE DI 0.00
Director
$0 $0 $0
KEVIN LEGEL VICE PRESIDE 0.00
Director
$0 $0 $0
DAVID PARENT TRUSTEE 0.00
Director
$0 $0 $0
JENNY TORONY TRUSTEE 0.00
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 No data No data No data No data
2023 $12,771,619 $12,014,730 $35,206,374 $756,889
2022 $6,385,269 $10,221,063 $35,910,182 $-3,835,794
2021 $5,452,627 $9,502,438 $36,879,964 $-4,049,811
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