VEBA RETIREE MSA PLAN FOR MA NURSES ASSOC

EIN: 384019461 Mutual Benefit

Canton, MA

Total Revenue
$128,684
Total Expenses
$96,557
Total Assets
$1,228,517
Net Assets
$1,228,517
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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
2015
Legal Domicile
MA
Principal Officer
BPAS
Phone
7819141363
Tax Period
2024-01-01 to 2024-12-31

VEBA RETIREE MSA PLAN FOR MA NURSES ASSOC, founded in 2015, is a small nonprofit in the Mutual Benefit sector that reported $129K in total revenue in fiscal year 2024. The organization ran a surplus of $32K, a strong 25% operating margin.

Mission

The organization's sole activities are to receive member voluntary after-tax contributions and invest the contributions and reimburse members for otherwise unreimbursed medical

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $92,265
Investment Income $36,419
Other Revenue $0
TOTAL REVENUE $128,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $93,165
Other Expenses $3,392
TOTAL EXPENSES $96,557

Year-over-Year Comparison

2024 2023 Change
Revenue $128,684 $132,531 0.0%
Expenses $96,557 $75,288 +0.3%
Net Income $32,127 $57,243 -0.4%
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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hand Benefit Trust Co Trustee 1.0
$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 $128,684 $96,557 $1,228,517 $32,127
2023 $132,531 $75,288 $1,140,915 $57,243
2022 $140,566 $32,397 $998,534 $108,169
2021 $213,690 $38,386 $1,025,867 $175,304
2020 $130,524 $3,941 $850,563 $126,583
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