CLEVELAND AUTOMOBILE DEALERS ASSOCIATION GROUP HEALTH PLAN (EIN 341320838) - 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

1983

Legal Domicile

Principal Officer

LOUIS VITANTONIO

Phone

4407461500

Tax Period

2023-01-01 to 2023-12-31

CLEVELAND AUTOMOBILE DEALERS ASSOCIATION GROUP HEALTH PLAN, founded in 1983, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) WHICH PROVIDES MEDICAL, DENTAL, VISION INSURANCE AND WELLNESS PROGRAMS FOR PLAN PARTICIPANTS AND THEIR DEPENDENTS.

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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 $6,318,138

Investment Income $146,788

Other Revenue $0

TOTAL REVENUE $6,464,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,655,649

Other Expenses $3,674,491

TOTAL EXPENSES $6,655,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,464,926	$8,169,767	-0.2%
Expenses	$6,655,649	$7,695,241	-0.1%
Net Income	$-190,723	$474,526	-1.4%

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

$550,936

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRT FRYE	TRUSTEE	1.00	Officer Director	$0	$0	$0
ROB KISTLER	TRUSTEE	1.00	Officer Director	$0	$0	$0
DOUG CALLAHAN	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE ABRAHAM	TRUSTEE	1.00	Director	$0	$0	$0
MIKE ABRAHAM	TRUSTEE	1.00	Director	$0	$0	$0
LOUIS VITANTONIO	EXECUTIVE DIRECTOR	1.00	Officer	$0	$108,575	$550,936

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	$6,464,926	$6,655,649	$6,456,243	$-190,723
2022	$8,169,767	$7,695,241	$7,516,980	$474,526
2021	$23,609,871	$22,337,803	$6,646,904	$1,272,068
2020	$19,552,991	$19,629,970	$4,881,741	$-76,979
2019	$19,104,426	$20,566,118	$4,959,713	$-1,461,692
2018	$22,107,216	$24,120,508	$6,423,208	$-2,013,292

CLEVELAND AUTOMOBILE DEALERS ASSOCIATION GROUP HEALTH PLAN