HITACHI AMERICA LTD HEALTH AND WELFARE (EIN 237688845) - 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

1991

Legal Domicile

Principal Officer

SUNISA MANOPCHANTAROJ

Phone

9143325800

Tax Period

2023-01-01 to 2023-12-31

HITACHI AMERICA LTD HEALTH AND WELFARE, founded in 1991, is a major nonprofit that reported $220.6M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE HITACHI AMERICA, LTD. HEALTH AND WELFARE PLAN PROVIDES MEDICAL, VISION, PRESCRIPTION, DRUG, DENTAL, HEALTH AND DEPENDENT CARE SPENDING ACCOUNT, GROUP LIFE, SHORT-TERM AND LONG-TERM DISABILITY BENEFITS TO ELIGIBLE ACTIVE EMPLOYEES AS WELL AS OTHER BENEFITS.

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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 $220,381,358

Investment Income $177,823

Other Revenue $0

TOTAL REVENUE $220,559,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $223,461,703

Other Expenses $58,593,705

TOTAL EXPENSES $235,946,135

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,559,181	$189,844,861	+0.2%
Expenses	$235,946,135	$200,459,860	+0.2%
Net Income	$-15,386,954	$-10,614,999	+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

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
N/A	TRUSTEE	1.00		$0	$0	$0
SUNISA MANOPCHANTAROJ	CHRO	1.00	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
2024	No data	No data	No data	No data
2023	$220,559,181	$235,946,135	$19,295,144	$-15,386,954
2022	$189,844,861	$200,459,860	$16,564,063	$-10,614,999
2021	$216,084,695	$209,788,223	$18,473,232	$6,296,472
2020	$113,261,446	$117,349,307	$14,151,198	$-4,087,861
2019	$115,973,527	$108,798,670	$16,285,999	$7,174,857
2018	$79,913,113	$82,339,032	$9,258,538	$-2,425,919

HITACHI AMERICA LTD HEALTH AND WELFARE