UNITE HERE NORTHWEST HEALTH TRUST FUND (EIN 910590441) - 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

1976

Legal Domicile

Principal Officer

ERIK VAN ROSSUM

Phone

2063294900

Tax Period

2024-06-01 to 2025-05-31

UNITE HERE NORTHWEST HEALTH TRUST FUND, founded in 1976, is a mid-sized nonprofit that reported $43.8M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $39.7M left a modest 9% surplus.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR 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 $39,862,405

Investment Income $3,926,116

Other Revenue $0

TOTAL REVENUE $43,788,521

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,191,616

TOTAL EXPENSES $39,745,004

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,788,521	$34,391,827	+0.3%
Expenses	$39,745,004	$28,965,077	+0.4%
Net Income	$4,043,517	$5,426,750	-0.3%

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

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
ERIK VAN ROSSUM	CHAIRMAN	0.5	Officer Director	$0	$0	$0
DOUG RIGONI	SECRETARY	0.5	Officer Director	$0	$0	$0
ANITA SETH	TRUSTEE	0.5	Director	$0	$0	$0
ENRIQUE FERNANDEZ	TRUSTEE	0.5	Director	$0	$0	$0
STEFAN MORITZ	TRUSTEE	0.5	Director	$0	$0	$0
ED CLEVENGER	TRUSTEE	0.5	Director	$0	$0	$0
KRISTIE RICHARDSON	TRUSTEE - TERM. 4/2025	0.5	Director	$0	$0	$0
CINDY RICHARDSON	TRUSTEE	0.5	Director	$0	$0	$0
SEE SCH O FOR COMPENSATION	PAID BY RELATED ORGANIZATIONS	0.0	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
2025	$43,788,521	$39,745,004	$108,682,843	$4,043,517
2024	$34,391,827	$28,965,077	$98,382,566	$5,426,750
2023	$22,949,778	$23,404,307	$87,110,596	$-454,529
2022	$25,276,188	$20,634,636	$82,951,212	$4,641,552
2021	$24,510,539	$27,571,698	$88,572,940	$-3,061,159
2020	$36,466,054	$32,697,213	$97,457,933	$3,768,841
2019	$40,882,200	$32,775,971	$91,038,233	$8,106,229

UNITE HERE NORTHWEST HEALTH TRUST FUND