ASA Acquisition Corporation Postretirement Health Trust

EIN: 562115680 Mutual Benefit

CHICAGO, IL

Total Revenue
$312,505
Total Expenses
$317,702
Total Assets
$943,769
Net Assets
$943,769
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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
2000
Legal Domicile
IL
Principal Officer
ADMINISTRATIVE COMMITTEE
Phone
3123811000
Tax Period
2024-01-01 to 2024-12-31

ASA Acquisition Corporation Postretirement Health Trust, founded in 2000, is a small nonprofit in the Mutual Benefit sector that reported $313K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. Net assets of $944K represent 36 months of operating reserves.

Mission

THIS TRUST PROVIDES HEALTH BENEFITS TO RETIREES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $132,070
Investment Income $180,435
Other Revenue $0
TOTAL REVENUE $312,505

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,125
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $317,702

Year-over-Year Comparison

2024 2023 Change
Revenue $312,505 $164,405 +0.9%
Expenses $317,702 $344,480 -0.1%
Net Income $-5,197 $-180,075 -1.0%
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
NORTHERN TRUST COMPANY TRUSTEE 0.0
$8,125 $0 $8,125
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 $312,505 $317,702 $943,769 $-5,197
2023 $164,405 $344,480 $986,605 $-180,075
2022 $282,167 $377,083 $1,006,880 $-94,916
2021 $317,733 $367,582 $1,428,794 $-49,849
2020 $157,528 $364,876 $1,401,340 $-207,348
2019 $298,742 $491,827 $1,448,722 $-193,085
2018 $217,682 $459,732 $1,382,548 $-242,050
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