RETIREES OF VEYANCE TECHNOLOGIES HEALTH CARE TRUST % CDS ADMINISTRATORS (EIN 263489193) - 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

2008

Legal Domicile

Principal Officer

GARY MANN

Phone

4122012242

Tax Period

2024-01-01 to 2024-12-31

RETIREES OF VEYANCE TECHNOLOGIES HEALTH CARE TRUST % CDS ADMINISTRATORS, founded in 2008, is a community nonprofit in the Mutual Benefit sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $5.1M exceeded revenue, resulting in a 104% operating deficit.

Mission

TO PROVIDE HEALTH CARE BENEFITS TO CERTAIN RETIREES OF VEYANCE TECHNOLOGIES, INC., CONTITECH, INC. AND LOC PERFORMANCE.

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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 $1,095,559

Investment Income $1,426,369

Other Revenue $0

TOTAL REVENUE $2,521,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,000

Fundraising Expenses $0

Other Expenses $150,941

TOTAL EXPENSES $5,142,270

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,521,928	$2,004,069	+0.3%
Expenses	$5,142,270	$5,724,644	-0.1%
Net Income	$-2,620,342	$-3,720,575	-0.3%

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

$16,000

Total Directors

$48,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY MANN	COMMITTEE CHAIRMAN	10.00	Officer Director	$16,000	$0	$16,000
RICHARD HOGG	COMMITTEE MEMBER	2.00	Director	$16,000	$0	$16,000
EMILY WOODWARD	COMMITTEE MEMBER	2.00	Director	$16,000	$0	$16,000
ROB WITHERELL	COMMITTEE MEMBER	2.00	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	$2,521,928	$5,142,270	$13,989,953	$-2,620,342
2023	$2,004,069	$5,724,644	$17,170,800	$-3,720,575
2022	$1,517,264	$5,153,899	$20,487,723	$-3,636,635
2021	$2,625,615	$4,550,754	$26,134,537	$-1,925,139
2020	$2,445,384	$6,350,702	$28,819,617	$-3,905,318
2019	$3,492,553	$7,757,164	$32,073,129	$-4,264,611
2018	$2,773,782	$7,329,118	$35,245,494	$-4,555,336
2017	$2,635,673	$5,694,942	$42,678,275	$-3,059,269

RETIREES OF VEYANCE TECHNOLOGIES HEALTH CARE TRUST % CDS ADMINISTRATORS