CONNECTICUT RENAISSANCE INC VEBA TRUST (EIN 204618170) - 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

2006

Legal Domicile

Principal Officer

KATHLEEN DESCHENES

Phone

2033365225

Tax Period

2024-05-01 to 2025-04-30

CONNECTICUT RENAISSANCE INC VEBA TRUST, founded in 2006, is a community nonprofit in the Mutual Benefit sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.8M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE HEALTH , DENTAL , DISABILITY , GROUP TERM LIFE AND LONG TERM CARE INSURANCE TO MEMBERS OF THE VEBA ASSOCIATION.

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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 $1,510,758

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,510,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,755,823

Fundraising Expenses $0

Program Expenses $1,837,833

Other Expenses $90,600

TOTAL EXPENSES $1,846,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,510,758	$1,202,591	+0.3%
Expenses	$1,846,423	$1,463,858	+0.3%
Net Income	$-335,665	$-261,267	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARLY LEBEAU	TRUSTEE	N/A	Director	$0	$0	$0
KATHLEEN DESCHENES	CHIEF EXEC.	N/A	Officer	$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
2025	$1,510,758	$1,846,423	$600,231	$-335,665
2024	$1,202,591	$1,463,858	$581,819	$-261,267
2023	$1,201,305	$1,049,659	$597,555	$151,646
2022	$1,200,580	$1,078,878	$407,390	$121,702
2021	$920,796	$952,712	$153,614	$-31,916
2020	$1,033,718	$1,021,802	$210,647	$11,916
2019	$1,049,030	$1,274,096	$173,405	$-225,066
2018	$1,197,123	$1,309,629	$415,204	$-112,506

CONNECTICUT RENAISSANCE INC VEBA TRUST