CHICAGOLAND RACE MEET OPERATORS EMPLOYEES' HEALTH AND WELFARE TRUST (EIN 363825707) - 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

1992

Legal Domicile

Principal Officer

JEFFREY W KROL

Phone

8473587111

Tax Period

2019-01-01 to 2019-12-31

CHICAGOLAND RACE MEET OPERATORS EMPLOYEES' HEALTH AND WELFARE TRUST, founded in 1992, is a small nonprofit that reported $215K in total revenue in fiscal year 2018. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 442% operating deficit.

Mission

PROVIDE HEALTH BENEFITS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $443

Investment Income $313

Other Revenue $53,834

TOTAL REVENUE $54,590

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $33,972

TOTAL EXPENSES $347,542

Year-over-Year Comparison

	2019	2018	Change
Revenue	$54,590	$215,350	-0.7%
Expenses	$347,542	$1,166,209	-0.7%
Net Income	$-292,952	$-950,859	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY W KROL	TRUSTEE	1.00	Director	$0	$0	$0
MARY ELLEN DUFFY	TRUSTEE	1.00	Director	$0	$0	$0
CAROLE POLLITZ	TRUSTEE	1.00	Director	$0	$0	$0
JOHN DEMY	TRUSTEE	1.00	Director	$0	$0	$0
CARMEN MICELI	TRUSTEE	1.00	Director	$0	$0	$0
FRANK NARDELLA	TRUSTEE	1.00	Director	$0	$0	$0
JIM STUMPF	TRUSTEE	1.00	Director	$0	$0	$0
JEFF KRAS	TRUSTEE (ALTERNATE)	1.00	Director	$0	$0	$0
TONY PETRILLO	TRUSTEE (ALTERNATE)	1.00	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
2019	$54,590	$347,542	No data	$-292,952
2018	$215,350	$1,166,209	$392,952	$-950,859

CHICAGOLAND RACE MEET OPERATORS EMPLOYEES' HEALTH AND WELFARE TRUST