HDMC GROUP INC BARGAINING UNIT EMPLOYEES POST-RETIREMENT WELFARE BENEFITS T RUST (EIN 320167983) - 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

2005

Legal Domicile

Phone

4143434680

Tax Period

2024-01-01 to 2024-12-31

HDMC GROUP INC BARGAINING UNIT EMPLOYEES POST-RETIREMENT WELFARE BENEFITS T RUST, founded in 2005, is a mid-sized nonprofit in the Mutual Benefit sector that reported $19.6M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.6M, a strong 49% operating margin.

Mission

TO PROVIDE POST-RETIREMENT HEALTHCARE TO BARGAINING UNIT EMPLOYEES.

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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 $506,888

Investment Income $19,085,034

Other Revenue $0

TOTAL REVENUE $19,591,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $760,138

TOTAL EXPENSES $9,979,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,591,922	$10,523,480	+0.9%
Expenses	$9,979,579	$12,241,476	-0.2%
Net Income	$9,612,343	$-1,717,996	-6.6%

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

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
DAVID VINEY	RETIREMENT PLAN COMMITTEE-RPC	0.3	Director	$0	$0	$0
JONATHAN THEROUX	RPC	0.3	Director	$0	$0	$0
MARK KORNETZKE	RPC	0.3	Director	$0	$0	$0
PAUL KRAUSE	RPC	0.3	Director	$0	$0	$0
SUSAN PASKVAN	RPC	0.3	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	$19,591,922	$9,979,579	$239,233,929	$9,612,343
2023	$10,523,480	$12,241,476	$220,107,734	$-1,717,996
2022	$12,883,467	$12,292,310	$201,381,050	$591,157
2021	$30,202,112	$13,351,426	$257,540,698	$16,850,686
2020	$16,930,122	$17,349,838	$238,129,630	$-419,716
2019	$17,432,334	$16,814,500	$215,492,798	$617,834
2018	$16,651,468	$20,054,958	$186,000,312	$-3,403,490

HDMC GROUP INC BARGAINING UNIT EMPLOYEES POST-RETIREMENT WELFARE BENEFITS T RUST