POST RETIREMENT HEALTH BENEFITS TR… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

Hand Benefit and Trust Co

Phone

4122367175

Tax Period

2023-01-01 to 2023-12-31

POST RETIREMENT HEALTH BENEFITS TRUST FOR REPRESENTED EMPLOYEES, founded in 1999, is a community nonprofit in the Mutual Benefit sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 94% operating margin.

Mission

TO PROVIDE A VEHICLE THROUGH WHICH THE COMPANY MAY CONTRIBUTE FUNDS TO THE VEBA TRUST. THE FUNDS ARE USED FOR THE PAYMENT OF CERTAIN DEATH BENEFITS OR FOR THE PAYMENT OF CERTAIN RETIREE HEALTH BENEFITS. IF A RETIREE DIES BEFORE HIS ENTIRE ACCOUNT HAS BEEN DEPLETED, THE BALANCE IS PAID OR CAN BE USED BY HIS BENEFICIARIES.

Program Service Accomplishments

Program 1

TO PROVIDE CERTAIN DEATH AND RETIREE HEALTH BENEFITS TO EMPLOYEES.

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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 $2,069,825

Investment Income $1,096,329

Other Revenue $0

TOTAL REVENUE $3,166,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $174,381

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,166,154	$2,105,030	+0.5%
Expenses	$174,381	$329,569	-0.5%
Net Income	$2,991,773	$1,775,461	+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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hand Benefit Trust Co	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	$3,166,154	$174,381	$22,957,100	$2,991,773
2022	$2,105,030	$329,569	$21,094,743	$1,775,461
2021	$2,588,178	$189,616	$19,319,282	$2,398,562
2020	$1,974,953	$156,837	$16,920,720	$1,818,116
2019	$2,021,276	$56,800	$15,102,604	$1,964,476
2018	$1,908,558	$46,407	$14,025,097	$1,862,151

POST RETIREMENT HEALTH BENEFITS TRUST FOR REPRESENTED EMPLOYEES