CENTURY ALUMINUM HAWESVILLE RETIREE HEALTH CARE REIMBURSEMENT TRUST (EIN 461202594) - 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

2012

Legal Domicile

Principal Officer

RICHARD BREAN

Phone

4125622530

Tax Period

2023-01-01 to 2023-12-31

CENTURY ALUMINUM HAWESVILLE RETIREE HEALTH CARE REIMBURSEMENT TRUST, founded in 2012, is a small nonprofit in the Mutual Benefit sector that reported $794K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $317K, a strong 40% operating margin.

Mission

TO PROVIDE CERTAIN POST-RETIREMENT healthcare BENEFITS FOR CERTAIN RETIREES OF THE CENTURY ALUMINUM OF kentucky gp PLANT AS PER THE COLLECTIVE BARGAINING AGREEMENT WITH USW.

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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 $224,547

Investment Income $569,624

Other Revenue $0

TOTAL REVENUE $794,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,000

Fundraising Expenses $0

Other Expenses $134,562

TOTAL EXPENSES $477,267

Year-over-Year Comparison

	2023	2022	Change
Revenue	$794,171	$1,056,791	-0.2%
Expenses	$477,267	$381,151	+0.3%
Net Income	$316,904	$675,640	-0.5%

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

$118,332

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD APALISKI	COMMITTEE MEMBER	1.0	Director	$0	$0	$112,332
ANNE LOFASO	COMMITTEE MEMBER	1.0	Director	$3,000	$0	$3,000
SIMONE ROCKSTROH	COMMITTEE MEMBER	1.0	Director	$3,000	$0	$3,000
RICHARD BREAN	COMMITTEE CHAIR	1.0	Officer 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
2024	No data	No data	No data	No data
2023	$794,171	$477,267	$14,836,711	$316,904
2022	$1,056,791	$381,151	$13,442,779	$675,640
2021	$1,438,397	$343,775	$15,071,494	$1,094,622
2020	$1,112,337	$284,249	$13,397,209	$828,088
2019	$1,147,830	$284,109	$11,640,577	$863,721
2018	$1,072,934	$193,426	$10,039,242	$879,508

CENTURY ALUMINUM HAWESVILLE RETIREE HEALTH CARE REIMBURSEMENT TRUST