Ufcw and Participating Employers New England Health Fund
501(c)(9)
Only null% goes to programs
Ufcw and Participating Employers New England Health Fund is a 501(c)(9) organization based in Westport, Connecticut, registered in 1959, with $151,860,719 in FY2024 revenue. CharityIndex grades it B.
Po Box 5160, Westport, CT, 06881 EIN 06-6069081 Since 1959
Revenue (FY2024)
$151.9M
▲ 9.8% vs prior year
Expenses (FY2024)
$159.0M
Net assets
$72.7M
Employees
9
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ufcw and Participating Employers New England Health Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating5 mo reserves · -5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ufcw and Participating Employers New England Health Fund: 5 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ufcw and Participating Employers New England Health Fund: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ufcw and Participating Employers New England Health Fund: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
The purpose of this trust shall be to provide such health and welfare benefits as may be authorized or permitted by law, which may include, but are not limited to death benefits, medical, hospital, surgical, dental, vision and prescription drug benefits, education benefits and safety and health training to qualified participants and beneficiaries in the amounts and under the conditions specified in the plan of benefits.
Contact & location
- Address
- Po Box 5160, Westport, CT, 06881
- City
- Westport
- State
- Connecticut
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $27.3M (FY2013) to $151.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $15.1MNet assets $72.7M
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$87.8M
Total liabilities
$15.1M
Net assets
$72.7M
Salaries & benefits
$689K
0% of expenses
Board members
10
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $151,860,719▲9.8% | $158,954,925▲2.9% | $72,746,835▼6.9% | $87,808,134▼2.7% | 990 |
| 2023 | $138,304,266▲15.7% | $154,445,122▲9.4% | $78,161,951▼13.1% | $90,234,852▼12.3% | 990 |
| 2022 | $119,544,052▼16.2% | $141,128,900▼6.2% | $89,977,557▼22.6% | $102,915,649▼19.9% | 990 |
| 2021 | $142,590,701▲356% | $150,425,218▲597% | $116,186,055 | $128,548,713 | 990 |
| 2020 | $31,262,466▲4.7% | $21,574,918▼23.9% | $0▼100% | $0▼100% | 990 |
| 2019 | $29,865,402▼2.6% | $28,355,778▼1.8% | $42,811,115▲11.1% | $47,855,054▲9.3% | 990 |
| 2018 | $30,652,365▲3.3% | $28,863,988▲1.7% | $38,545,127▲0.6% | $43,779,549▲1.4% | 990 |
| 2017 | $29,687,248▲14.3% | $28,385,778▲12.6% | $38,320,782▲5.6% | $43,190,081▲5.6% | 990 |
| 2016 | $25,970,393▼1.2% | $25,207,303▼1.1% | $36,290,597▲5.1% | $40,883,750▲4.3% | 990 |
| 2015 | $26,294,078▲3.4% | $25,482,685▲11.4% | $34,522,431▲1.4% | $39,191,490▲2.1% | 990 |
| 2014 | $25,424,917▼6.9% | $22,878,235▼16.6% | $34,049,604▲8.7% | $38,394,259▲3.5% | 990 |
| 2013 | $27,303,480 | $27,416,451▲14.0% | $31,314,874▲5.4% | $37,097,701▲8.3% | 990 |
| 2012 | — | $24,045,930▲1.4% | $29,717,173▲13.5% | $34,244,532▲12.7% | 990 |
| 2011 | — | $23,710,726▼9.2% | $26,181,044▲9.5% | $30,377,431▲5.0% | 990 |
| 2010 | — | $26,103,624 | $23,915,596 | $28,928,435 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Barbara Fedumenti — $154,747 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Barbara Fedumenti | Executive Director | 40 | $154,747 |
| Bob Spinella | Employer Trustee | 2 | — |
| Christa Kramer | Employer Trustee | 2 | — |
| Fernando Lemus | Union Trustee | 2 | — |
| Jason Paradis | Employer Trustee | 2 | — |
| Jeff Jones | Union Trustee | 2 | — |
| Mark Espinosa | Union Trustee | 2 | — |
| Pat Durning | Employer Trustee | 2 | — |
| Ronald Petronella | Union Trustee | 2 | — |
| Susan Sanville | Employer Trustee | 2 | — |
| Tim Melia | Union Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Anthem Health Plans Inc | Claims Processing | $2,731,069 |
| The Segal Company | Actuary/consultant | $280,376 |
| Optumrx | Claims Processing | $182,240 |
| Virat Medical PC | Claims Processing | $154,033 |
| Hinge Health Inc | Claims Processing | $146,844 |
Frequently asked questions
- Is Ufcw and Participating Employers New England Health Fund a legitimate nonprofit?
- Yes. Ufcw and Participating Employers New England Health Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 06-6069081, based in Westport, Connecticut.
- What is Ufcw and Participating Employers New England Health Fund's EIN?
- Ufcw and Participating Employers New England Health Fund's Employer Identification Number (EIN) is 06-6069081.
- How much revenue does Ufcw and Participating Employers New England Health Fund report?
- Ufcw and Participating Employers New England Health Fund reported $151,860,719 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ufcw and Participating Employers New England Health Fund have?
- CharityIndex grades Ufcw and Participating Employers New England Health Fund B, based on financial health (reserves and operating margin).
- How much does Ufcw and Participating Employers New England Health Fund's highest-paid employee make?
- The highest reported compensation on Ufcw and Participating Employers New England Health Fund's latest Form 990 is $154,747, paid to Barbara Fedumenti (Executive Director).
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Data for Ufcw and Participating Employers New England Health Fund (EIN 06-6069081) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.