ALABAMA GAS CORPORATION RETIRED HOURLY EMPLOYEE BENEFIT PLANS TRUST (EIN 582022876) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1994

Legal Domicile

Principal Officer

BOYAN N LALOV

Phone

3143420586

Tax Period

2025-01-01 to 2025-12-31

ALABAMA GAS CORPORATION RETIRED HOURLY EMPLOYEE BENEFIT PLANS TRUST, founded in 1994, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2018. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 44% operating margin.

Mission

VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION PROVIDING DEATH, SICKNESS, HOSPITALIZATION, AND DISABILITY BENEFITS TO ITS MEMBERS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $294,611

Investment Income $5,526,710

Other Revenue $0

TOTAL REVENUE $5,821,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $298,407

TOTAL EXPENSES $979,602

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,821,321	$4,813,660	+0.2%
Expenses	$979,602	$926,783	+0.1%
Net Income	$4,841,719	$3,886,877	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE-PART TIME	5.00		$0	$0	$0
N/A	TRUSTEE-PART TIME	5.00		$0	$0	$0
BOYAN N LALOV	TREASURER	5.00	Officer	$0	$0	$0
GERY GORLA	VICE PRESIDENT	1.00	Officer	$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
2025	$5,821,321	$979,602	$63,097,898	$4,841,719
2024	$4,813,660	$926,783	$56,578,079	$3,886,877
2023	$3,072,329	$810,263	$52,965,472	$2,262,066
2022	$3,282,589	$1,498,551	$47,975,758	$1,784,038
2021	$5,974,702	$1,734,052	$54,112,246	$4,240,650
2020	$3,210,948	$2,060,334	$48,937,124	$1,150,614
2019	$3,401,214	$1,953,532	$46,061,523	$1,447,682
2018	$5,848,768	$3,256,333	$39,984,095	$2,592,435

ALABAMA GAS CORPORATION RETIRED HOURLY EMPLOYEE BENEFIT PLANS TRUST