NORTHERN CALIFORNIA GENERAL TEAMSTERS SECURITY FUND (EIN 946073033) - 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

1952

Legal Domicile

Principal Officer

Peter Nunez

Phone

2099405100

Tax Period

2023-08-01 to 2024-07-31

NORTHERN CALIFORNIA GENERAL TEAMSTERS SECURITY FUND, founded in 1952, is a major nonprofit that reported $454.4M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTH & WELFARE BENEFITS IN THIS MULTIEMPLOYER PLAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $422,672,338

Investment Income $31,763,574

Other Revenue $0

TOTAL REVENUE $454,435,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $54,328,794

TOTAL EXPENSES $451,899,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$454,435,912	$423,808,401	+0.1%
Expenses	$451,899,094	$396,241,377	+0.1%
Net Income	$2,536,818	$27,567,024	-0.9%

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

N/A

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
Deb Ostendorp	Chair	1.0	Officer Director	$0	$0	$0
Peter Nunez	Co-chair	1.0	Officer Director	$0	$0	$0
Dave Hawley	Co-chair - Term. 02/2024	1.0	Officer Director	$0	$0	$0
Allen Cheek	Trustee	1.0	Director	$0	$0	$0
Jeff Berdion	Trustee	1.0	Director	$0	$0	$0
Walter Mendez	Trustee	1.0	Director	$0	$0	$0
Derek Hawley	Trustee - Eff. 05/2024	1.0	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
2024	$454,435,912	$451,899,094	$633,546,957	$2,536,818
2023	$423,808,401	$396,241,377	$605,660,529	$27,567,024
2022	$414,124,589	$337,331,458	$564,873,395	$76,793,131
2021	$415,457,679	$314,893,814	$557,118,545	$100,563,865
2020	$331,272,525	$300,019,198	$414,181,500	$31,253,327
2019	$314,995,313	$275,980,130	$380,652,035	$39,015,183
2018	$296,023,267	$249,007,040	$326,108,078	$47,016,227

NORTHERN CALIFORNIA GENERAL TEAMSTERS SECURITY FUND