SAN DIEGO ELECTRICAL HEALTH AND WELFARE (EIN 956035916) - 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

1954

Legal Domicile

Principal Officer

JEREMY ABRAMS

Phone

8585696322

Tax Period

2023-10-01 to 2024-09-30

SAN DIEGO ELECTRICAL HEALTH AND WELFARE, founded in 1954, is a mid-sized nonprofit that reported $44.3M in total revenue in fiscal year 2023. Expenses of $51.2M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE MEDICAL, DENTAL, VISION AND LIFE INSURANCE BENEFITS TO THE PARTICIPANTS.

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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 $43,658,632

Investment Income $682,348

Other Revenue $3,761

TOTAL REVENUE $44,344,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,215,211

Other Expenses $4,376,936

TOTAL EXPENSES $51,215,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,344,741	$41,374,813	+0.1%
Expenses	$51,215,211	$43,762,757	+0.2%
Net Income	$-6,870,470	$-2,387,944	+1.9%

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

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
ANDY BERG	TRUSTEE/CHAIRMAN/SECRETARY	1.00	Officer Director	$0	$0	$0
TRAVIS KOMESCHER	TRUSTEE	1.00	Director	$0	$0	$0
TED BAKER	TRUSTEE	1.00	Director	$0	$0	$0
TERRALYN HARTMAN	TRUSTEE	1.00	Director	$0	$0	$0
JOEL BASORE	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT DAVIES JR	TRUSTEE	1.00	Director	$0	$0	$0
JEREMY ABRAMS	TRUSTEE/CHAIRMAN/SECRETARY	1.00	Officer Director	$0	$0	$0
CHANNEY DOUD	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM CUMMING	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MOSS	TRUSTEE	1.00	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
2024	$44,344,741	$51,215,211	$27,154,688	$-6,870,470
2023	$41,374,813	$43,762,757	$30,349,758	$-2,387,944
2022	$41,396,514	$44,712,518	$32,697,826	$-3,316,004
2021	$39,529,238	$44,590,787	$35,021,593	$-5,061,549
2020	$39,553,655	$40,260,805	$36,989,883	$-707,150
2019	$38,208,013	$39,530,451	$37,001,314	$-1,322,438
2018	$38,267,294	$38,004,816	$35,054,653	$262,478

SAN DIEGO ELECTRICAL HEALTH AND WELFARE