LCMCD-LCHCD RETIREE HEALTH INS TR F (EIN 475070124) - 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

2015

Legal Domicile

Principal Officer

DAVID F HOEL

Tax Period

2023-10-01 to 2024-09-30

LCMCD-LCHCD RETIREE HEALTH INS TR F, founded in 2015, is a community nonprofit in the Mutual Benefit sector that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $321K, a strong 19% operating margin.

Mission

THIS FUND HAS BEEN ESTABLISHED TO PROVIDE POST-RETIREMENT HEALTH BENEFITS FOR THE LEE COUNTY MOSQUITO CONTROL DISTRICT AND THE LEE COUNTY HYACINTH CONTROL DISTRICT, GOVERNMENTAL UNITS ESTABLISHED UNDER FLORIDA STATUTE.

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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 $1,317,195

Investment Income $343,034

Other Revenue $7,175

TOTAL REVENUE $1,667,404

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $97,998

TOTAL EXPENSES $1,346,614

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,667,404	$1,520,879	+0.1%
Expenses	$1,346,614	$1,213,292	+0.1%
Net Income	$320,790	$307,587	+0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$496,227

Total Directors

$496,227

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID F HOEL	CHAIRMAN	1.00	Officer Director	$0	$0	$176,752
JAMES S O'NEILL	CFO	1.00	Officer Director	$0	$0	$154,772
KEVIN D WATTS	TRUSTEE	1.00	Officer Director	$0	$0	$159,903
WILLIAM BURKE	SEC/TREASURE	1.00	Officer Director	$0	$0	$4,800
GEORGE J WICHTERMAN	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN R BOWEN	TRUSTEE	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
2024	$1,667,404	$1,346,614	$13,683,012	$320,790
2023	$1,520,879	$1,213,292	$11,493,700	$307,587
2022	$1,233,961	$1,163,446	$10,870,969	$70,515
2021	$1,227,582	$1,131,753	$12,034,318	$95,829
2020	$1,565,370	$1,054,653	$10,386,880	$510,717
2019	$4,042,453	$1,044,420	$9,214,698	$2,998,033
2018	$2,329,440	$876,911	$6,048,132	$1,452,529

LCMCD-LCHCD RETIREE HEALTH INS TR F