MAINE YANKEE ATOMIC POWER COMPANY EMPLOYEE WELFARE TRUST (EIN 010456644) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

TIMOTHY CONRY

Phone

6178075000

Tax Period

2023-01-01 to 2023-12-31

MAINE YANKEE ATOMIC POWER COMPANY EMPLOYEE WELFARE TRUST is a tax-exempt nonprofit with EIN 010456644, based in BOSTON, MA. Founded in 1989, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $1,273,860 in total revenue and $883,919 in total expenses, with net assets of $18,498,185.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO RETIRED UNION & NON-UNION EMPLOYEES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $366,643

Investment Income $817,037

Other Revenue $90,180

TOTAL REVENUE $1,273,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,011

Fundraising Expenses $0

Program Expenses $610,476

Other Expenses $267,432

TOTAL EXPENSES $883,919

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,273,860	$2,101,562	-0.4%
Expenses	$883,919	$946,243	-0.1%
Net Income	$389,941	$1,155,319	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE AS REQUIRED	1.00		$6,011	$0	$6,011

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	No data	No data	No data	No data
2023	$1,273,860	$883,919	$18,535,628	$389,941
2022	$2,101,562	$946,243	$17,333,957	$1,155,319
2021	$2,015,817	$905,252	$20,502,043	$1,110,565
2020	$1,328,228	$982,908	$18,604,371	$345,320

MAINE YANKEE ATOMIC POWER COMPANY EMPLOYEE WELFARE TRUST