Teamsters Local Union 856 Health And Welfare Fund (EIN 946123582) - 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

1964

Legal Domicile

Principal Officer

Julie Wall

Phone

2063294900

Tax Period

2024-07-01 to 2025-06-30

Teamsters Local Union 856 Health And Welfare Fund, founded in 1964, is a major nonprofit that reported $138.5M in total revenue in fiscal year 2024.

Mission

Health and Welfare 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $136,167,992

Investment Income $2,315,562

Other Revenue $2,034

TOTAL REVENUE $138,485,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,484

Fundraising Expenses $0

Other Expenses $3,368,500

TOTAL EXPENSES $143,266,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$138,485,588	$134,966,800	+0.0%
Expenses	$143,266,047	$128,142,399	+0.1%
Net Income	$-4,780,459	$6,824,401	-1.7%

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

$49,242

Total Directors

$98,484

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
B Conhain	Trustee	4.00	Director	$24,621	$0	$24,621
D Cornford	Trustee, Co-Chair	8.00	Officer Director	$24,621	$0	$24,621
P Finn	Trustee	4.00	Director	$0	$0	$0
M Lagomarsino	Trustee	4.00	Director	$24,621	$0	$24,621
A Rungis	Trustee	4.00	Director	$0	$0	$0
J Wall	Trustee, Co-Chair	8.00	Officer Director	$24,621	$0	$24,621
S Farber	Trustee	4.00	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
2025	$138,485,588	$143,266,047	$89,345,143	$-4,780,459
2024	No data	No data	No data	No data
2023	$129,106,401	$126,005,786	$72,126,377	$3,100,615
2022	$120,194,660	$115,436,177	$66,307,297	$4,758,483
2021	$107,400,546	$112,209,890	$65,908,205	$-4,809,344
2021	$107,400,546	$112,209,890	$65,927,125	$-4,809,344
2020	$109,194,486	$101,273,508	$67,166,206	$7,920,978
2019	$98,908,244	$95,618,401	$58,406,638	$3,289,843
2018	$74,957,215	$67,639,197	$51,204,548	$7,318,018

Teamsters Local Union 856 Health And Welfare Fund