DUININCK BROS INC - VEBA TRUST

EIN: 416361866

PRINSBURG, MN

Total Revenue
$6,178,675
Total Expenses
$5,638,894
Total Assets
N/A
Net Assets
N/A
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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
MN
Principal Officer
MIKE MULDER
Phone
3209786011
Tax Period
2018-01-01 to 2018-12-31

DUININCK BROS INC - VEBA TRUST, founded in 1992, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2018. Expenses of $5.6M left a modest 9% surplus.

Mission

PROVIDING MEDICAL, ACCIDENT, SURGICAL, AND LIFE BENEFITS TO EMPLOYEES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,178,675
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,178,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,500
Fundraising Expenses $0
Other Expenses $-197,965
TOTAL EXPENSES $5,638,894

Year-over-Year Comparison

2018 2017 Change
Revenue $6,178,675 $6,223,945 0.0%
Expenses $5,638,894 $6,421,098 -0.1%
Net Income $539,781 $-197,153 -3.7%
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

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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
1
$5,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MULDER TRUSTEE 1.00
Director
$5,500 $0 $5,500
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
2018 $6,178,675 $5,638,894 No data $539,781
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