Oxbow Affiliated Companies Health Benefit Plan (EIN 030438558) - 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

2002

Legal Domicile

Principal Officer

William D Parmelee

Phone

5619075400

Tax Period

2023-01-01 to 2023-12-31

Oxbow Affiliated Companies Health Benefit Plan, founded in 2002, is a mid-sized nonprofit in the Mutual Benefit sector that reported $10.0M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $8.9M left a modest 11% surplus.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PAYOUT HEALTH BENEFITS ON BEHALF OF ITS PARTICIPANTS AND TO COLLECT PAYMENTS FROM 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 $10,014,821

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,014,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,282,920

TOTAL EXPENSES $8,921,711

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,014,821	$9,016,272	+0.1%
Expenses	$8,921,711	$8,254,226	+0.1%
Net Income	$1,093,110	$762,046	+0.4%

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

N/A

Independent Members

N/A

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

$1,077,419

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM D PARMELEE	Trustee	0.0	Director	$0	$0	$1,077,419

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	$10,014,821	$8,921,711	$4,524,507	$1,093,110
2022	$9,016,272	$8,254,226	$3,383,105	$762,046
2021	$8,839,596	$8,143,703	$2,324,310	$695,893
2020	$8,825,824	$7,406,462	$1,853,530	$1,419,362
2019	$7,063,819	$9,408,256	$641,127	$-2,344,437
2018	$7,832,821	$8,701,312	$2,586,416	$-868,491

Oxbow Affiliated Companies Health Benefit Plan