EDGEWOOD MANAGEMENT CORP VOLUNTARY EMPLOYEE BENEFIT TRUST (EIN 526237120) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

JASON SALAMON

Phone

3015621620

Tax Period

2023-01-01 to 2023-12-31

EDGEWOOD MANAGEMENT CORP VOLUNTARY EMPLOYEE BENEFIT TRUST, founded in 1982, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2023. Expenses of $5.5M exceeded revenue, resulting in a 31% operating deficit.

Mission

TO PROVIDE GROUP MEDICAL, VISION, DENTAL, BASIC LIFE, VOLUNTARY LIFE, SUPPLEMENTAL LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, SHORT-TERM DISABILITY AND LONG-TERM DISABILITY INSURANCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,152,368

Investment Income $51,345

Other Revenue $0

TOTAL REVENUE $4,203,713

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,518,183

Other Expenses $5,518,183

TOTAL EXPENSES $5,518,183

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,203,713	$4,412,120	0.0%
Expenses	$5,518,183	$6,096,600	-0.1%
Net Income	$-1,314,470	$-1,684,480	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JASON SALAMON	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL LEITHEAD	TRUSTEE	1.00	Director	$0	$0	$0
DONNA WALKER UNTIL 92823	TRUSTEE	1.00	Director	$0	$0	$0
MONIQUE LIM UNTIL 9123	TRUSTEE	1.00	Director	$0	$0	$0
STEPHANIE LIOTTA-ATKINSON UNTIL 912	TRUSTEE	1.00	Director	$0	$0	$0
MIKE STEPHENS STARTING 13123	TRUSTEE	1.00	Director	$0	$0	$0
TERRENCE KELLEY FROM 13123 UNTIL 9	TRUSTEE	1.00	Director	$0	$0	$0
TIFFANY KENSEY STARTING 92823	TRUSTEE	1.00	Director	$0	$0	$0
DAVID STOCKDALE STARTING 92823	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	No data	No data	No data	No data
2023	$4,203,713	$5,518,183	$2,514,216	$-1,314,470
2022	$4,412,120	$6,096,600	$3,828,686	$-1,684,480
2021	$6,267,151	$6,181,737	$5,514,424	$85,414
2020	$7,338,302	$6,848,938	$5,430,243	$489,364
2019	$9,332,890	$8,603,980	$4,221,011	$728,910
2018	$8,614,020	$7,277,393	$3,571,717	$1,336,627

EDGEWOOD MANAGEMENT CORP VOLUNTARY EMPLOYEE BENEFIT TRUST