HAYES LEMMERZ NON-UNION RETIREE VEBA TRUST (EIN 271280515) - 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

2010

Legal Domicile

Principal Officer

JOHN KINSTLER

Phone

3123774565

Tax Period

2023-01-01 to 2023-12-31

HAYES LEMMERZ NON-UNION RETIREE VEBA TRUST, founded in 2010, is a micro nonprofit in the Mutual Benefit sector that reported $40K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $419K exceeded revenue, resulting in a 961% operating deficit.

Mission

DISTRIBUTION OF TAX FREE FUNDS TO CLOSED GROUP OF CERTAIN RETIREES OF HAYES LEMMERZ CORP, THROUGH A HEALTH REIMBURSEMENT ACCOUNT TYPE MECHANISM, WHOLLY FUNDED BY PRIOR EMPLOYER, MAXION WHEELS (FORMERLY HAYES LEMMERZ CORP).

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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 $0

Investment Income $39,530

Other Revenue $0

TOTAL REVENUE $39,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,000

Fundraising Expenses $0

Other Expenses $92,633

TOTAL EXPENSES $419,375

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,530	$84,304	-0.5%
Expenses	$419,375	$330,251	+0.3%
Net Income	$-379,845	$-245,947	+0.5%

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

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN KINSTLER	CHAIRPERSON	2.00	Director	$2,000	$0	$2,000
DAVID BUSH	TRUSTEE	0.50	Director	$1,000	$0	$1,000
GARY CONLEY	TRUSTEE	0.50	Director	$1,000	$0	$1,000
RICHARD GUERNSEY	TRUSTEE	0.50	Director	$1,000	$0	$1,000
THOMAS NOTEMAN	TRUSTEE	0.50	Director	$1,000	$0	$1,000

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	$39,530	$419,375	$1,055,844	$-379,845
2022	$84,304	$330,251	$1,393,918	$-245,947
2021	$29,780	$332,461	$1,782,610	$-302,681
2020	$26,797	$370,804	$1,905,754	$-344,007
2019	$82,554	$393,100	$2,362,426	$-310,546
2018	$91,885	$419,636	$2,460,248	$-327,751

HAYES LEMMERZ NON-UNION RETIREE VEBA TRUST