TIAA INDIANA MULTIPLE EMPLOYER TRUST FOR

EIN: 456593730 Mutual Benefit

CHARLOTTE, NC

Total Revenue
$125,884
Total Expenses
$224,892
Total Assets
$2,360,122
Net Assets
$2,360,122
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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
2011
Legal Domicile
IN
Principal Officer
RICHARD WARD
Phone
8775353910
Tax Period
2023-01-01 to 2023-12-31

TIAA INDIANA MULTIPLE EMPLOYER TRUST FOR, founded in 2011, is a small nonprofit in the Mutual Benefit sector that reported $126K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $225K exceeded revenue, resulting in a 79% operating deficit.

Mission

TO FUND PLAN BENEFITS FOR EMPLOYEES AND FORMER EMPLOYEES ELIGIBLE TO RECEIVE RETIREE HEALTH BENEFITS UNDER THE PLAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,841
Investment Income $117,043
Other Revenue $0
TOTAL REVENUE $125,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,949
TOTAL EXPENSES $224,892

Year-over-Year Comparison

2023 2022 Change
Revenue $125,884 $225,756 -0.4%
Expenses $224,892 $226,894 0.0%
Net Income $-99,008 $-1,138 +86.0%
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
N/A
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
N/A TRUSTEE 1.0
$1,500 $0 $1,500
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
2024 No data No data No data No data
2023 $125,884 $224,892 $2,360,122 $-99,008
2022 $225,756 $226,894 $2,289,562 $-1,138
2021 $325,180 $239,621 $2,901,890 $85,559
2020 $217,706 $211,720 $2,856,221 $5,986
2019 $180,798 $257,302 $2,759,449 $-76,504
2018 $242,017 $204,765 $2,581,289 $37,252
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