COOK GROUP HEALTH PLAN TRUST (EIN 351498722) - 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

1981

Legal Domicile

Principal Officer

JOHN KAMSTRA

Phone

8123311025

Tax Period

2024-01-01 to 2024-12-31

COOK GROUP HEALTH PLAN TRUST, founded in 1981, is a major nonprofit that reported $144.6M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $136.5M left a modest 6% surplus.

Mission

PROVIDE HEALTH RELATED BENEFITS TO ELIGIBLE EMPLOYEES AND DEPENDENTS OF THE COOK GROUP HEALTH PLAN

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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 $144,470,062

Investment Income $86,633

Other Revenue $0

TOTAL REVENUE $144,556,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $9,362,105

TOTAL EXPENSES $136,478,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$144,556,695	$121,173,818	+0.2%
Expenses	$136,478,219	$128,959,729	+0.1%
Net Income	$8,078,476	$-7,785,911	-2.0%

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

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	Role	Reportable Comp	Other Comp	Total
PETE YONKMAN	TRUSTEE; PRES COOK GROUP & CMH	Director	$0	$0	$0
JOHN KAMSTRA	TRUSTEE; EVP & CFO	Director	$0	$0	$0
GREG SMITH	TRUSTEE; GLOBAL DIRECTOR, HR	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	$144,556,695	$136,478,219	$7,614,423	$8,078,476
2023	$121,173,818	$128,959,729	$9,669,772	$-7,785,911
2022	$123,361,194	$117,134,057	$7,591,114	$6,227,137
2021	$121,299,897	$120,217,263	$8,118,336	$1,082,634
2020	$110,982,293	$108,345,748	$5,277,573	$2,636,545
2019	$101,878,102	$108,086,374	$4,437,964	$-6,208,272
2018	$100,749,665	$98,285,414	$6,543,480	$2,464,251

COOK GROUP HEALTH PLAN TRUST