MEDICARE SUPPLEMENT REIMBURSEMENT PLAN AND TRUST FOR IMPFF RETIRE (EIN 201365011) - 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

2004

Legal Domicile

Principal Officer

HENRY HARRIS

Phone

3172625161

Tax Period

2024-01-01 to 2024-12-31

MEDICARE SUPPLEMENT REIMBURSEMENT PLAN AND TRUST FOR IMPFF RETIRE, founded in 2004, is a community nonprofit in the Mutual Benefit sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 228% from the prior year, signaling strong growth momentum. The organization ran a surplus of $608K, a strong 51% operating margin.

Mission

TO PROVIDE FOR THE REIMBURSEMENT OF INSURANCE FOR RETIRED MEMBERS OF THE INDIANAPOLIS METROPOLITAN PROFESSIONAL FIREFIGHTERS LOCAL 416.

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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 (2024)

Revenue Breakdown

Contributions & Grants $930,804

Program Service Revenue $0

Investment Income $257,347

Other Revenue $0

TOTAL REVENUE $1,188,151

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $65,988

TOTAL EXPENSES $580,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,188,151	$361,862	+2.3%
Expenses	$580,030	$135,083	+3.3%
Net Income	$608,121	$226,779	+1.7%

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

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

$119,432

Total Directors

$146,643

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENRY HARRIS	PRESIDENT	1.00	Officer Director	$0	$0	$45,351
RON KAUTSKY	TREASURER	1.00	Officer Director	$0	$0	$37,123
PAUL CLOYD	SECRETARY	1.00	Officer Director	$0	$0	$36,958
MICHAEL SCOTT	TRUSTEE	1.00	Director	$0	$0	$27,211
THOMAS HANIFY	TRUSTEE	1.00	Director	$0	$0	$0
MARLIN HARTMAN	TRUSTEE	1.00	Director	$0	$0	$0
SHANNON WHITELY	VICE PRESIDE	1.00	Officer 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	$1,188,151	$580,030	$6,440,587	$608,121
2023	$361,862	$135,083	$5,818,606	$226,779
2022	$417,857	$164,652	$5,374,033	$253,205
2021	$503,025	$152,497	$6,211,165	$350,528
2020	$493,884	$155,470	$5,824,147	$338,414
2019	$586,510	$142,987	$5,208,381	$443,523
2018	$541,500	$133,057	$4,495,569	$408,443

MEDICARE SUPPLEMENT REIMBURSEMENT PLAN AND TRUST FOR IMPFF RETIRE