MPHA HRA VEBA TRUST (EIN 476611464) - 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

2014

Legal Domicile

Phone

6514666269

Tax Period

2024-01-01 to 2024-12-31

MPHA HRA VEBA TRUST, founded in 2014, is a small nonprofit in the Mutual Benefit sector that reported $584K in total revenue in fiscal year 2024. The organization ran a surplus of $92K, a strong 16% operating margin.

Mission

THE CITY OF MINNEAPOLIS HAS ADOPTED A HEALTH REIMBURSEMENT PLAN FOR THE MINNESOTA PUBLIC HOUSING AUTHORITY. THE PURPOSE OF WHICH IS TO PROVIDE WELFARE BENEFITS FOR THE EMPLOYEES OF THE CITY AND ITS INDEPENDENT BOARDS AND AGENCIES COVERED BY THE PLAN, AND TO REIMBURSE EXPENSES INCURRED BY AN EMPLOYEE OR AN EMPLOYEE'S ELEGIBLE DEPENDENTS FOR EXPENSES NOT COVERED BY OTHER INSURANCE AVAILABLE TO THE EMPLOYEE AND THE EMPLOYEE'S ELEGIBLE DEPENDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $506,899

Investment Income $77,083

Other Revenue $0

TOTAL REVENUE $583,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,000

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $491,971

Year-over-Year Comparison

	2024	2023	Change
Revenue	$583,982	$558,364	+0.0%
Expenses	$491,971	$449,362	+0.1%
Net Income	$92,011	$109,002	-0.2%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	INSTITUTIONAL TRUSTEE	N/A		$2,000	$0	$2,000

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	$583,982	$491,971	$1,674,611	$92,011
2023	$558,364	$449,362	$1,582,600	$109,002
2022	$415,605	$422,669	$1,473,596	$-7,064
2021	$449,849	$425,642	$1,480,660	$24,207
2020	$464,539	$395,446	$1,456,453	$69,093

MPHA HRA VEBA TRUST