MUSICIANS LOCAL 47 AND EMPLOYERS' HEALTH AND WELFARE FUND (EIN 952645284) - 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

1970

Legal Domicile

Principal Officer

CHRIS ESPINOZA

Phone

8182430222

Tax Period

2024-04-01 to 2025-03-31

MUSICIANS LOCAL 47 AND EMPLOYERS' HEALTH AND WELFARE FUND, founded in 1970, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HEALTH BENEFITS TO ELIGIBLE ENROLLED PARTICIPANTS IN ACCORDANCE WITH THE COLLECTIVE BARGAINING AGREEMENTS.

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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 $2,614,085

Investment Income $227,449

Other Revenue $0

TOTAL REVENUE $2,841,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $649,072

TOTAL EXPENSES $2,956,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,841,534	$3,562,158	-0.2%
Expenses	$2,956,716	$2,739,765	+0.1%
Net Income	$-115,182	$822,393	-1.1%

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
STEPHANIE O'KEEFE	CO-CHAIR	1.0	Director	$0	$0	$0
DEEDEE DANIEL	CO-CHAIR	1.0	Director	$0	$0	$0
JUDY CHILNICK	TRUSTEE - PAST	1.0	Director	$0	$0	$0
PHIL O'CONNER	TRUSTEE	1.0	Director	$0	$0	$0
ROBERT W JOHNSON	TRUSTEE	1.0	Director	$0	$0	$0
Danielle Ondarza	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
2025	$2,841,534	$2,956,716	$8,159,088	$-115,182
2024	$3,562,158	$2,739,765	$8,072,976	$822,393
2023	$3,023,593	$3,099,568	$6,959,302	$-75,975
2022	$3,225,208	$901,851	$6,910,673	$2,323,357
2021	$2,269,175	$2,284,398	$8,741,992	$-15,223
2020	$3,532,596	$3,812,163	$9,065,087	$-279,567
2019	$3,830,156	$5,469,926	$9,643,334	$-1,639,770

MUSICIANS LOCAL 47 AND EMPLOYERS' HEALTH AND WELFARE FUND