CITY OF COEUR D ALENE EMPLOYEE BENEFITS TRUST (EIN 352666649) - 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

2020

Legal Domicile

Principal Officer

RANDALL R ADAMS

Phone

2087692225

Tax Period

2024-10-01 to 2025-09-30

CITY OF COEUR D ALENE EMPLOYEE BENEFITS TRUST, founded in 2020, is a community nonprofit in the Mutual Benefit sector that reported $6.8M in total revenue in fiscal year 2024. Expenses of $6.4M left a modest 6% surplus.

Mission

THE CITY OF COEUR D'ALENE EMPLOYEE BENEFITS TRUST WAS ESTABLISHED TO PROVIDE HEALTHCARE COVERAGE FOR ITS EMPLOYEES THROUGH A SELF-FUNDED HEALTHCARE BENEFIT PLAN. THE PLAN WAS APPROVED BY THE STATE OF IDAHO DEPARTMENT OF INSURANCE IN DECEMBER OF 2019 THE PLAN IS FUNDED THROUGH CONTRIBUTIONS FROM BOTH THE CITY AND THE EMPLOYEES. THE PLAN IS FUNDED THROUGH AN IRREVOCABLE TRUST FUND IN ACCORDANCE WITH THE TERMS SET FORTH IN CHAPTER 40, TITLE 41, OF THE IDAHO CODE. THE PLAN AND THE IRREVOCABLE TRUST FUND ARE MANAGED AND ADMINISTERED BY TRUSTEES THROUGH AN ENTITY THAT IS SEPARATE AND INDEPENDENT FROM THE CITY OF COEUR D'ALENE. ALL FUNDS CONTRIBUTED TO THE IRREVOCABLE TRUST FUND ARE FIDUCIARY FUNDS HELD IN THE NAME OF THE PLAN FOR THE BENEFIT OF ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS. THE PLAN WAS INITIATED ON JANUARY 1, 2020. THE ACTIVITIES OF THE TRUST ARE 100% DEDICATED TO PROVIDING HEALTHCARE BENEFITS TO THE EMPLOYEES OF THE CITY OF COEUR D'ALENE AND THEIR DEPENDENTS. THE ACTIVITIES OF T

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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 $6,210,558

Investment Income $124,931

Other Revenue $450,942

TOTAL REVENUE $6,786,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,367,623

Other Expenses $6,367,623

TOTAL EXPENSES $6,367,623

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,786,431	$6,720,649	+0.0%
Expenses	$6,367,623	$6,497,932	0.0%
Net Income	$418,808	$222,717	+0.9%

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

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
RANDALL R ADAMS	BOARD CHAIR	N/A	Officer Director	$0	$0	$0
MICHAEL BECKER	TRUSTEE	N/A	Director	$0	$0	$0
BILL DODD	VICE CHAIR	N/A	Officer Director	$0	$0	$0
KATHARINE EBNER	TREASURER	N/A	Officer Director	$0	$0	$0
MELISSA TOSI	SECRETARY	N/A	Officer 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
2025	$6,786,431	$6,367,623	$4,203,025	$418,808
2024	$6,720,649	$6,497,932	$4,072,768	$222,717
2023	$5,865,717	$5,244,960	$3,794,876	$620,757
2022	$5,696,325	$5,336,081	$3,216,593	$360,244
2021	$5,763,818	$5,755,793	$2,630,708	$8,025
2020	$5,179,416	$3,236,889	$2,385,485	$1,942,527

CITY OF COEUR D ALENE EMPLOYEE BENEFITS TRUST