TOWER AUTOMOTIVE NON-UNION RETIREES VEBA (EIN 205118544) - 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

HANS LESCHER

Phone

2625384221

Tax Period

2024-01-01 to 2024-12-31

TOWER AUTOMOTIVE NON-UNION RETIREES VEBA, founded in 2006, is a small nonprofit in the Mutual Benefit sector that reported $175K in total revenue in fiscal year 2024. Revenue surged 125% from the prior year, signaling strong growth momentum. Expenses of $238K exceeded revenue, resulting in a 36% operating deficit.

Mission

PROVIDE RETIREE HEALTH CARE

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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 $0

Investment Income $175,032

Other Revenue $0

TOTAL REVENUE $175,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,990

Fundraising Expenses $0

Other Expenses $106,259

TOTAL EXPENSES $237,571

Year-over-Year Comparison

	2024	2023	Change
Revenue	$175,032	$77,866	+1.2%
Expenses	$237,571	$206,557	+0.2%
Net Income	$-62,539	$-128,691	-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

$890

Total Directors

$9,990

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM J STUART	CHAIR, ADMINISTRATIVE BOARD	1.00	Officer Director	$890	$0	$890
RALPH GREEN	MEMBER, ADMINISTRATIVE BOARD	1.00	Director	$1,700	$0	$1,700
DUANE G MARCELL	MEMBER, ADMINISTRATIVE BOARD	1.00	Director	$2,400	$0	$2,400
HANS LESCHER	MEMBER, ADMINISTRATIVE BOARD	1.00	Director	$2,700	$0	$2,700
HAROLD R PETERSON	MEMBER, ADMINISTRATIVE BOARD	1.00	Director	$2,300	$0	$2,300
N/A	INSTITUTIONAL TRUSTEE	1.00		$4,110	$0	$4,110

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	$175,032	$237,571	$1,338,356	$-62,539
2023	$77,866	$206,557	$1,499,995	$-128,691
2022	$63,581	$289,334	$1,585,224	$-225,753
2021	$67,135	$276,599	$1,994,769	$-209,464
2020	$72,866	$278,067	$2,209,550	$-205,201
2019	$62,044	$200,905	$2,343,447	$-138,861
2018	$58,152	$188,577	$2,357,937	$-130,425

TOWER AUTOMOTIVE NON-UNION RETIREES VEBA