VOLUNTARY EMPLOYEES BENEFICIARY TR… - Form 990 Financial Data

🔒

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

1985

Legal Domicile

Principal Officer

ROGER TAKABAYASHI

Phone

8084406943

Tax Period

2024-09-01 to 2025-08-31

VOLUNTARY EMPLOYEES BENEFICIARY TRUST, founded in 1985, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $6.4M left a modest 6% surplus.

Mission

THE PLAN IS DESIGNED TO PROVIDE HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 8,000 MEMBERS, EMPLOYEES, AND DEPENDENTS OF MEMBERS AND EMPLOYEES OF THE HAWAII STATE TEACHERS ASSOCIATION.

Program Service Accomplishments

Program 1

THE PLAN IS DESIGNED TO PROVIDE HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 8,000 MEMBERS, EMPLOYEES, AND DEPENDENTS OF MEMBERS AND EMPLOYEES OF THE HAWAII STATE TEACHERS ASSOCIATION.

🔒

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 $5,116,996

Investment Income $1,656,098

Other Revenue $47,457

TOTAL REVENUE $6,820,551

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $905,467

TOTAL EXPENSES $6,420,107

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,820,551	$6,230,806	+0.1%
Expenses	$6,420,107	$6,716,442	0.0%
Net Income	$400,444	$-485,636	-1.8%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAYLE ENRIQUEZ	TRUSTEE	5.0	Director	$0	$0	$0
JOHN KOMETANI	TRUSTEE	5.0	Director	$0	$0	$0
WILFRED OKABE	TRUSTEE	5.0	Director	$0	$0	$0
SONIA PERALTA	TRUSTEE	5.0	Director	$0	$0	$0
DAWN RAYMOND	TRUSTEE	5.0	Director	$0	$0	$0
AMBER RIEL	TRUSTEE	5.0	Director	$0	$0	$0
ROGER TAKABAYASHI	TRUSTEE - CHAIR	5.0	Director	$0	$0	$0
Shannon Kealoha	Trustee	5.0	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
2025	$6,820,551	$6,420,107	$26,375,726	$400,444
2024	$6,230,806	$6,716,442	$25,288,273	$-485,636
2023	$5,614,168	$6,384,975	$23,575,530	$-770,807
2022	$6,723,726	$6,357,054	$23,380,215	$366,672
2021	$7,631,032	$5,847,602	$27,046,846	$1,783,430
2020	$4,973,066	$5,620,370	$23,408,760	$-647,304
2019	$4,976,833	$5,051,316	$23,005,449	$-74,483
2018	$4,843,453	$4,870,677	$23,211,272	$-27,224

VOLUNTARY EMPLOYEES BENEFICIARY TRUST