TRUSTEES OF THE MID ATLANTIC REGIONAL HEALTH FUND (EIN 251347607) - 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

1976

Legal Domicile

Principal Officer

WILLIAM DEMPSEY

Phone

4106592191

Tax Period

2024-01-01 to 2024-12-31

TRUSTEES OF THE MID ATLANTIC REGIONAL HEALTH FUND, founded in 1976, is a small nonprofit that reported $315K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 38% operating margin.

Mission

TO PROVIDE SUPPLEMENTAL HEALTH BENEFITS COVERING ELIGIBLE PARTICIPANTS EMPLOYED UNDER COLLECTIVE BARGAINING AGREEMENTS WITH VARIOUS 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $159,969

Investment Income $154,573

Other Revenue $0

TOTAL REVENUE $314,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $137,108

TOTAL EXPENSES $195,619

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,542	$221,206	+0.4%
Expenses	$195,619	$203,311	0.0%
Net Income	$118,923	$17,895	+5.6%

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
JOE SIBA	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
PATRICK JONES SR	CHAIRPERSON (P)	1.00	Director	$0	$0	$0
PATRICK JONES JR	TRUSTEE (P)	1.00	Director	$0	$0	$0
REGGIE TABB	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
PETER BOSTIC	UNION TRUSTEE	1.00	Director	$0	$0	$0
BILL DEMPSEY	UNION TRUSTEE	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	$314,542	$195,619	$2,742,828	$118,923
2023	$221,206	$203,311	$2,586,119	$17,895
2022	$114,421	$203,052	$2,345,761	$-88,631
2021	$822,142	$149,777	$2,617,703	$672,365
2020	$168,162	$127,039	$2,523,663	$41,123
2019	$136,931	$133,258	$2,312,204	$3,673
2018	$146,970	$130,300	$2,061,238	$16,670

TRUSTEES OF THE MID ATLANTIC REGIONAL HEALTH FUND