NEBRASKA METHODIST HEALTH SYSTEM S… - Form 990 Financial Data

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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

1988

Legal Domicile

Principal Officer

JEFFREY E FRANCIS

Phone

4023544840

Tax Period

2023-01-01 to 2023-12-31

NEBRASKA METHODIST HEALTH SYSTEM SELF INSURANCE TRUST FUND, founded in 1988, is a micro nonprofit in the Mutual Benefit sector that reported $45K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $58K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE NEBRASKA METHODIST HEALTH SYSTEM SELF INSURANCE TRUST FUND PROVIDES A POOLED FUND FROM CONTRIBUTIONS OF THE NEBRASKA METHODIST HEALTH SYSTEM AFFILIATES WHICH RESULTS IN A COST EFFECTIVE METHOD OF CONTROLLING, REDUCING AND PROTECTING RISKS OF LEGAL LIABILITY WHICH ARISE OUT OF THE RENDERING OF CARE TO THE SICK AND INJURED.

Program Service Accomplishments

Program 1

Expenses: $58,351

THE TRUST FUND WAS ORGANIZED TO PROVIDE MEDICAL MALPRACTICE & GENERAL LIABILITY SELF-INSURANCE PROTECTION FOR NEBRASKA METHODIST HEALTH SYSTEM AND ITS AFFILIATES. THE TRUST POSTS FUNDS OF THE...

THE TRUST FUND WAS ORGANIZED TO PROVIDE MEDICAL MALPRACTICE & GENERAL LIABILITY SELF-INSURANCE PROTECTION FOR NEBRASKA METHODIST HEALTH SYSTEM AND ITS AFFILIATES. THE TRUST POSTS FUNDS OF THE BENEFICIARIES TO SELF-INSURE EXPOSURE OF EMPLOYEES AND CERTAIN AGENTS. THESE EXPOSURES INCLUDE MALPRACTICE, PATIENT RELATED GENERAL LIABILITY, AND COMPREHENSIVE GENERAL LIABILITY. THIS POOLING OF FUNDS HELPS TO REDUCE INSURANCE EXPENSE RESULTING IN LOWER COST MEDICAL SERVICES TO THE COMMUNITY.

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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 $45,480

Other Revenue $0

TOTAL REVENUE $45,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,351

Other Expenses $58,351

TOTAL EXPENSES $58,351

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,480	$108,265	-0.6%
Expenses	$58,351	$22,918	+1.5%
Net Income	$-12,871	$85,347	-1.2%

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

$2,340,010

Total Directors

$2,949,132

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN L GOESER	PRES & CEO NEBR METHODIST	1.00	Officer Director	$0	$281,592	$1,532,100
LARRY V PEARSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ADAM YALE	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DEB BASS	TREASURER	1.00	Officer Director	$0	$0	$0
MONTY SELLON MD	DIRECTOR	1.00	Director	$0	$45,020	$554,672
JODY HORNER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD C HAHN	DIRECTOR	1.00	Director	$0	$0	$0
CAROLEE V JONES MD	DIRECTOR	1.00	Director	$0	$63,735	$862,360
DAN KINNEY PH D	DIRECTOR	1.00	Director	$0	$0	$0
C L LANDEN	DIRECTOR	1.00	Director	$0	$0	$0
SID DINSDALE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NELSON	DIRECTOR	1.00	Director	$0	$0	$0
BRET C GRIESS	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFFREY E FRANCIS	CFO	1.00	Officer	$0	$148,176	$807,910

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	$45,480	$58,351	$888,290	$-12,871
2022	$108,265	$22,918	$964,698	$85,347
2021	$13,063	$13,063	$1,207,464	No data
2020	$203,376	$203,376	$1,866,641	No data
2019	$2,067,973	$2,067,973	$4,909,526	No data
2018	$473,968	$94,796	$17,373,246	$379,172

NEBRASKA METHODIST HEALTH SYSTEM SELF INSURANCE TRUST FUND