NEW ENGLAND MEDICAL EQUIPMENT DEALERS ASSOCIATION INC (EIN 043024145) - 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

1988

Legal Domicile

Principal Officer

BRIAN DESMARAIS

Phone

5089930700

Tax Period

2023-01-01 to 2023-12-31

NEW ENGLAND MEDICAL EQUIPMENT DEALERS ASSOCIATION INC, founded in 1988, is a small nonprofit that reported $212K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $205K left a modest 3% surplus.

Mission

TO PROMOTE AND IMPROVE THE COMMON INTEREST AND BUSINESS CONDITIONS OF MEDICAL EQUIPMENT.

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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 $188,292

Investment Income $7,111

Other Revenue $16,391

TOTAL REVENUE $211,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,916

Fundraising Expenses $1,614

Other Expenses $81,971

TOTAL EXPENSES $204,887

Year-over-Year Comparison

	2023	2022	Change
Revenue	$211,794	$230,140	-0.1%
Expenses	$204,887	$220,533	-0.1%
Net Income	$6,907	$9,607	-0.3%

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

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

$117,837

Total Directors

$117,837

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY HAMILTON	CEO	40.00	Officer Director	$117,837	$0	$117,837
SKIP MATTHEWS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DENNIS CONLIN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
BILL FREDERICKS	TREASURER	2.00	Officer Director	$0	$0	$0
ENIDA MIMANI	SECRETARY	2.00	Officer Director	$0	$0	$0
SEAN ANDREWS	IMM PAST CHA	2.00	Officer Director	$0	$0	$0
JASON CANZANO	DIRECTOR	2.00	Director	$0	$0	$0
SAMANTHA CARUSO	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS COLLINS	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN DESMARAIS	DIRECTOR	2.00	Director	$0	$0	$0
DANA LESPERANCE	DIRECTOR	2.00	Director	$0	$0	$0
ELLEN MALLOY	DIRECTOR	2.00	Director	$0	$0	$0
DIANE RACICOT	DIRECTOR	2.00	Director	$0	$0	$0
WENDY ROGERS	DIRECTOR	2.00	Director	$0	$0	$0
PETER TALLAS	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$211,794	$204,887	$382,008	$6,907
2022	$230,140	$220,533	$451,658	$9,607
2021	$225,656	$143,250	$364,347	$82,406
2020	$97,785	$178,793	$358,634	$-81,008
2019	$217,205	$200,845	$311,622	$16,360
2018	$223,076	$238,202	$298,665	$-15,126

NEW ENGLAND MEDICAL EQUIPMENT DEALERS ASSOCIATION INC