MULTI-UNION SECURITY TRUST FUND (EIN 931146155) - 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

1992

Legal Domicile

Principal Officer

JENNIFER L YOUNG

Phone

8182430222

Tax Period

2024-01-01 to 2024-12-31

MULTI-UNION SECURITY TRUST FUND, founded in 1992, is a mid-sized nonprofit that reported $20.2M in total revenue in fiscal year 2024.

Mission

THE MULTI-UNION SECURITY TRUST FUND IS A MULTIEMPLOYER WELFARE BENEFIT PLAN PROVIDING HOSPITAL, MEDICAL, LIFE AND ACCIDENTAL DEATH, DENTAL CARE, MENTAL HEALTH, PRESCRIPTION DRUG AND VISION CARE BENEFITS TO ELIGIBLE ACTIVE 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 $19,994,212

Investment Income $240,460

Other Revenue $0

TOTAL REVENUE $20,234,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $601,641

TOTAL EXPENSES $20,220,633

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,234,672	$18,888,648	+0.1%
Expenses	$20,220,633	$18,870,897	+0.1%
Net Income	$14,039	$17,751	-0.2%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER L YOUNG	EMPLOYER TRUSTEE	1.0	Director	$0	$0	$0
SEAN P HARREN	UNION TRUSTEE - PAST	1.0	Director	$0	$0	$0
JASON HODGE	UNION TRUSTEE	1.0	Director	$0	$0	$0
AMY GAUSZ	Employer Trustee	1.0	Director	$0	$0	$0
ERIC HUG	UNION TRUSTEE	1.0	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
2024	$20,234,672	$20,220,633	$14,894,213	$14,039
2023	$18,888,648	$18,870,897	$14,644,222	$17,751
2022	$16,885,303	$16,545,243	$14,183,130	$340,060
2021	$16,888,135	$15,851,642	$14,944,884	$1,036,493
2020	$18,824,470	$18,507,430	$14,438,955	$317,040
2019	$18,459,588	$18,532,204	$14,553,001	$-72,616
2018	$16,168,391	$16,417,018	$14,201,653	$-248,627

MULTI-UNION SECURITY TRUST FUND