ATU LOCAL 192 RETIREE HEALTH AND WELFARE TR (EIN 946724972) - 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

1999

Legal Domicile

Principal Officer

ALAN PARELLO

Phone

5108914777

Tax Period

2023-07-01 to 2024-06-30

ATU LOCAL 192 RETIREE HEALTH AND WELFARE TR, founded in 1999, is a community nonprofit in the Mutual Benefit sector that reported $4.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $4.5M left a modest 5% surplus.

Mission

PROVIDES HEALTH INSURANCE BENEFITS TO ELIGIBLE RETIREES OF ATU UNION, LOCAL 192, AFSCME, LOCAL 3916; AND, IBEW, LOCAL 1245 AFFILIATED WITH AC TRANSIT.

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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 $4,683,640

Investment Income $27,493

Other Revenue $0

TOTAL REVENUE $4,711,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,494,849

Other Expenses $120,213

TOTAL EXPENSES $4,494,849

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,711,133	$4,268,761	+0.1%
Expenses	$4,494,849	$4,492,166	+0.0%
Net Income	$216,284	$-223,405	-2.0%

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

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
LATRINA MEREDITH	UNION TRUSTEE	5	Director	$0	$0	$0
JOSETTE MOSS	UNION TRUSTEE	5	Director	$0	$0	$0
ALAN PARELLO	EMPLOYER TRUSTEE	5	Director	$0	$0	$0
CHRIS ANDRICHAK	EMPLOYER TRUSTEE	5	Officer	$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	No data	No data	No data	No data
2024	$4,711,133	$4,494,849	$4,183,856	$216,284
2023	$4,268,761	$4,492,166	$3,946,488	$-223,405

ATU LOCAL 192 RETIREE HEALTH AND WELFARE TR