Dominion Resources Services Inc Retiree Medical Welfare Trust (EIN 260016346) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

KEYBANK NATIONAL ASSOCIATION

Phone

8048192000

Tax Period

2023-01-01 to 2023-12-31

Dominion Resources Services Inc Retiree Medical Welfare Trust, founded in 1994, is a community nonprofit in the Mutual Benefit sector that reported $7.8M in total revenue in fiscal year 2018. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.6M, a strong 21% operating margin.

Mission

PROVISION OF BENEFITS TO ELIGIBLE MEMBERS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,059,413

Other Revenue $573,491

TOTAL REVENUE $1,632,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,163

Fundraising Expenses $0

Program Expenses $0

Other Expenses $2,189,814

TOTAL EXPENSES $5,346,473

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,632,904	$3,025,126	-0.5%
Expenses	$5,346,473	$6,084,655	-0.1%
Net Income	$-3,713,569	$-3,059,529	+0.2%

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

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
KEYBANK NATIONAL ASSOCIATION	TRUSTEE (See Schedule O)	0.0		$62,163	$0	$62,163

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	$1,632,904	$5,346,473	$49,779,238	$-3,713,569
2022	$3,025,126	$6,084,655	$53,249,606	$-3,059,529
2021	$12,483,648	$9,623,319	$55,937,924	$2,860,329
2020	$3,929,345	$5,518,316	$51,951,578	$-1,588,971
2019	$4,299,682	$4,584,641	$53,428,070	$-284,959
2018	$7,820,190	$6,204,878	$53,317,383	$1,615,312

Dominion Resources Services Inc Retiree Medical Welfare Trust