WASHINGTON-SARATOGA-WARREN-HAMILTON ESSEX COUNTIES BOCES HEALTH INS CON (EIN 205988744) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

TIM HILKER

Phone

5187463326

Tax Period

2024-07-01 to 2025-06-30

WASHINGTON-SARATOGA-WARREN-HAMILTON ESSEX COUNTIES BOCES HEALTH INS CON, founded in 2006, is a major nonprofit in the Mutual Benefit sector that reported $174.3M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $168.0M left a modest 4% surplus.

Mission

THE PURPOSE OF THE HEALTH INSURANCE CONSORTIUM TRUST IS TO PURCHASE GROUP HEALTH INSURANCE FOR ITS MEMBER SCHOOL DISTRICTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $172,314,262

Investment Income $2,010,933

Other Revenue $0

TOTAL REVENUE $174,325,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,676,510

Other Expenses $167,995,651

TOTAL EXPENSES $167,995,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$174,325,195	$157,220,568	+0.1%
Expenses	$167,995,651	$166,940,303	+0.0%
Net Income	$6,329,544	$-9,719,735	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
TURINA PARKER WSWHE BOCES	TRUSTEE	Director	$0	$0	$0
AMY LANGWORTHY WARRENSBURG CSD	TRUSTEE	Director	$0	$0	$0
ANDREW COOK HARTFORD CSD	TRUSTEE/VICE	Officer Director	$0	$0	$0
BURGESS OVITT HADLEY-LUZERNE CSD	TRUSTEE	Director	$0	$0	$0
CALEB MARTIN NORTH WARREN CSD	TRUSTEE	Director	$0	$0	$0
CANDICE HUSSON MINERVA CSD	TRUSTEE	Director	$0	$0	$0
CHAD SHIPPEE BOLTON CSD	TRUSTEE	Director	$0	$0	$0
CHRISTIAN FISHER NEWCOMB CSD	TRUSTEE	Director	$0	$0	$0
GIANLEO DUCA BALLSTON SPA CSD	TRUSTEE	Director	$0	$0	$0
JAMES BENNEFIELD ARGYLE CSD	TRUSTEE	Director	$0	$0	$0
JENNIFER STEIMLE GREENWICH CSD	TRUSTEE	Director	$0	$0	$0
JOHN LUTHRINGER LAKE GEORGE CSD	TRUSTEE	Director	$0	$0	$0
JOSEPH MARIANO STILLWATER CSD	TRUSTEE	Director	$0	$0	$0
JULIE COLLIER SALEM CSD	TRUSTEE	Director	$0	$0	$0
JUSTIN HOSKINS FORT ANN CSD	TRUSTEE	Director	$0	$0	$0
KEVIN KOLAKOWSKI MECHANICVILLE CSD	TRUSTEE	Director	$0	$0	$0
KRISTINE ORR SOUTH GLENS FALLS CSD	TRUSTEE	Director	$0	$0	$0
MARK STRATTON CORINTH CSD	TRUSTEE	Director	$0	$0	$0
MARK FISH GALWAY CSD	TRUSTEE	Director	$0	$0	$0
MELISSA MULVEY INDIAN LAKE CSD	TRUSTEE	Director	$0	$0	$0
MICHAEL MARKWICA JOHNSBURG CSD	TRUSTEE	Director	$0	$0	$0
PATRICK DEE WHITEHALL CSD	TRUSTEE/CHAI	Officer Director	$0	$0	$0
RYAN SHERMAN SCHUYLERVILLE CSD	TRUSTEE	Director	$0	$0	$0
TOM MCGURL GRANVILLE CSD	TRUSTEE	Director	$0	$0	$0
VINCE CANINI CAMBRIDGE CSD	TRUSTEE	Director	$0	$0	$0
KRISLYNN DENGLER GLENS FALLS CTY SD	TRUSTEE	Director	$0	$0	$0
MICHAEL PATTON SARATOGA SPRINGS	TRUSTEE	Director	$0	$0	$0
BENJAMIN HALSEY FORT EDWARD UFSD	TRUSTEE	Director	$0	$0	$0
KYLE GANNON QUEENSBURY UFSD	TRUSTEE	Director	$0	$0	$0
MICHAEL HEALEY WATERFORD-HALFMO	TRUSTEE	Director	$0	$0	$0
TIM HILKER	EXECUTIVE CH	Officer	$0	$0	$0
CHRISTOPHER LAIL	DEPUTY TREAS	Officer	$0	$0	$0
TROY TYLER	TREASURER	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	$174,325,195	$167,995,651	$51,620,095	$6,329,544
2024	$157,220,568	$166,940,303	$47,902,786	$-9,719,735
2023	$144,237,941	$153,517,224	$52,898,430	$-9,279,283
2022	$139,472,333	$148,044,287	$57,833,906	$-8,571,954
2021	$138,242,565	$137,051,310	$66,421,852	$1,191,255
2020	$133,412,019	$128,329,353	$67,709,006	$5,082,666
2019	$135,215,786	$132,395,220	$62,124,377	$2,820,566

WASHINGTON-SARATOGA-WARREN-HAMILTON ESSEX COUNTIES BOCES HEALTH INS CON