Spokane, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
The Trust has been established to provide employees with disability benefits as set forth in the related plan, while they are eligible to receive such benefits, and to provide such other permissible payments as may be determined from time to time. It is intended that the benefits and payments provided by the related plan and funded through the Trust be "life, sick, accident, or other benefits" as that phrase is defined in Section 501(c)(9) of the Internal Revenue Code.
This trust administers the Electrical Workers' Disability Plan (the Disability Plan). The Disability Plan is a multiemployer, defined benefit, health and welfare plan. The Disability Plan provides...
This trust administers the Electrical Workers' Disability Plan (the Disability Plan). The Disability Plan is a multiemployer, defined benefit, health and welfare plan. The Disability Plan provides short and long term disability benefits to the employees of participating employers. Participants are eligible employees pursuant to collective bargaining agreements and special agreements between the employers and IBEW Locals 77, 89, 125, 483, and 659.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
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