Electrical Workers' VEBA Trust (EIN 208431466) - 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

2007

Legal Domicile

Principal Officer

Travis Eri

Phone

5095340600

Tax Period

2023-01-01 to 2023-12-31

Electrical Workers' VEBA Trust, founded in 2007, is a community nonprofit in the Mutual Benefit sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $338K, a strong 21% operating margin.

Mission

To provide qualified short and long term disability insurance.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,423,620

Investment Income $456

Other Revenue $187,221

TOTAL REVENUE $1,611,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $182,756

TOTAL EXPENSES $1,273,209

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,611,297	$1,367,528	+0.2%
Expenses	$1,273,209	$1,350,138	-0.1%
Net Income	$338,088	$17,390	+18.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Travis Eri	Chairman/Employee Trustee	1.00	Officer Director	$0	$0	$0
Tracy Harness	Vice Chair/Employer Truste	1.00	Officer Director	$0	$0	$0
Rex Habner	Treasurer/Employee Trustee	1.00	Officer Director	$0	$0	$0
Paige Richards	Secretary/Employer Trustee	1.00	Officer Director	$0	$0	$0
Leif Hasselblad	Employer Trustee	1.00	Director	$0	$0	$0
Alice Phillips	Employee Trustee (to 3/23/2023)	1.00	Director	$0	$0	$0
Michael Lambert	Employer Trustee	1.00	Director	$0	$0	$0
Jon Flegel	Employee Trustee (to 7/7/2023)	1.00	Director	$0	$0	$0
Nick Carpenter	Employee Trustee (eff 7/7/2023)	1.00	Director	$0	$0	$0
Byron Allen	Employee Trustee (eff 3/23/2023)	1.00	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	No data	No data	No data	No data
2023	$1,611,297	$1,273,209	$821,221	$338,088
2022	$1,367,528	$1,350,138	$531,009	$17,390
2021	$1,273,393	$1,251,053	$500,933	$22,340
2020	$1,253,527	$1,237,297	$412,077	$16,230
2019	$1,340,520	$1,291,286	$449,776	$49,234
2018	$4,013,511	$2,193,978	$429,334	$1,819,533

Electrical Workers' VEBA Trust