INDEL SERVICES LLC BENEFIT TRUST F… - Form 990 Financial Data

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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

1974

Legal Domicile

Principal Officer

THOMAS P MCSHANE

Phone

6092679000

Tax Period

2025-04-01 to 2026-03-31

INDEL SERVICES LLC BENEFIT TRUST FKA INDEL GROUP INSURANCE TRUST, founded in 1974, is a mid-sized nonprofit that reported $10.5M in total revenue in fiscal year 2025. Expenses of $9.9M left a modest 6% surplus.

Mission

PAY HEALTH INSURANCE PREMIUMS AND DISABILITY BENEFITS FOR AFFILIATED EMPLOYERS.

Program Service Accomplishments

Program 1

Expenses: $9,851,473 Revenue: $10,520,638

PAY HEALTH INSURANCE PREMIUMS AND DISABILITY BENEFITS FOR AFFILIATED EMPLOYERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,520,638

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,520,638

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,118

Fundraising Expenses $0

Program Expenses $9,851,473

Other Expenses $351

TOTAL EXPENSES $9,851,473

Year-over-Year Comparison

	2025	2024	Change
Revenue	$10,520,638	$9,745,271	+0.1%
Expenses	$9,851,473	$8,565,213	+0.2%
Net Income	$669,165	$1,180,058	-0.4%

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

N/A

Employees

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

$1,050,961

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH A CARITA	TRUSTEE	1.00	Director	$0	$52,500	$416,627
THOMAS P MCSHANE	TRUSTEE	1.00	Director	$0	$32,527	$249,371
MANNING J SMITH	CHAIRMAN	1.00	Director	$0	$29,802	$228,482
PAUL F ZAKULEC	TRUSTEE	1.00	Director	$0	$20,411	$156,481

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
2026	$10,520,638	$9,851,473	$2,655,995	$669,165
2025	$9,745,271	$8,565,213	$1,986,828	$1,180,058
2024	$8,293,547	$7,442,627	$806,770	$850,920
2023	$7,136,846	$7,522,662	$455,850	$-385,816
2022	$6,869,909	$7,000,951	$641,666	$-131,042
2021	$5,970,294	$6,032,530	$472,708	$-62,236
2020	$5,140,993	$6,144,654	$534,943	$-1,003,661

INDEL SERVICES LLC BENEFIT TRUST FKA INDEL GROUP INSURANCE TRUST