MIDWEST TEAMSTERS HEALTH REIMBURSEMENT ARRANGEMENT TR FUND (EIN 202288018) - 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

2005

Legal Domicile

Principal Officer

BRIAN ALDES

Phone

6512561804

Tax Period

2024-01-01 to 2024-12-31

MIDWEST TEAMSTERS HEALTH REIMBURSEMENT ARRANGEMENT TR FUND, founded in 2005, is a small nonprofit in the Mutual Benefit sector that reported $902K in total revenue in fiscal year 2024. Expenses of $843K left a modest 7% surplus.

Mission

HEALTH REIMBURSEMENT ARRANGEMENT

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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 $0

Program Service Revenue $686,024

Investment Income $216,012

Other Revenue $0

TOTAL REVENUE $902,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $214,879

TOTAL EXPENSES $842,663

Year-over-Year Comparison

	2024	2023	Change
Revenue	$902,036	$899,433	+0.0%
Expenses	$842,663	$781,072	+0.1%
Net Income	$59,373	$118,361	-0.5%

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

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

$501,646

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ALDES	SECRETARY	0.50	Director	$0	$72,857	$288,877
KRISTOPHER KNIGHT	EMPLOYER TRUSTEE	0.50	Director	$0	$53,215	$211,116
FRANK KAZENSKE	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
DOUGLAS RUBBELKE	CHAIRMAN	0.50	Director	$0	$0	$0
PATRICK GLEASON	UNION TRUSTEE	0.50	Director	$0	$0	$0
TREVOR LAWRENCE	UNION TRUSTEE	0.50	Director	$0	$1,653	$1,653

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	$902,036	$842,663	$9,585,127	$59,373
2023	$899,433	$781,072	$9,041,268	$118,361
2022	$997,944	$751,803	$8,364,528	$246,141
2021	$1,047,646	$729,140	$9,438,792	$318,506
2020	$904,877	$824,308	$8,620,523	$80,569
2019	$907,629	$778,318	$8,252,432	$129,311
2018	$991,252	$763,155	$7,261,091	$228,097

MIDWEST TEAMSTERS HEALTH REIMBURSEMENT ARRANGEMENT TR FUND