Massachusetts Mutual Life Insurance Co Retired Lives Reserve (EIN 042798906) - 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

1981

Legal Domicile

Phone

8605622120

Tax Period

2023-01-01 to 2023-12-31

Massachusetts Mutual Life Insurance Co Retired Lives Reserve, founded in 1981, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 41% operating margin.

Mission

The Retired Lives Reserve was established to fund group term life insurance benefits for certain retired employees. These benefits are provided under the MassMutual Retired Employee Welfare Benefits Plan

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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 $2,685,455

Program Service Revenue $0

Investment Income $130,070

Other Revenue $0

TOTAL REVENUE $2,815,525

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,673,848

Other Expenses $0

TOTAL EXPENSES $1,673,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,815,525	$1,886,834	+0.5%
Expenses	$1,673,848	$1,685,681	0.0%
Net Income	$1,141,677	$201,153	+4.7%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Trustee	0.0		$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	No data	No data	No data	No data
2023	$2,815,525	$1,673,848	$3,427,374	$1,141,677
2022	$1,886,834	$1,685,681	$2,285,697	$201,153
2021	$236,116	$1,747,551	$2,084,544	$-1,511,435

Massachusetts Mutual Life Insurance Co Retired Lives Reserve