METALLUS INC VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST (EIN 616504792) - 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

2014

Legal Domicile

Principal Officer

NICHOLAS YACOBOZZI

Phone

3304717000

Tax Period

2023-01-01 to 2023-12-31

METALLUS INC VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST, founded in 2014, is a community nonprofit in the Mutual Benefit sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $12.1M exceeded revenue, resulting in a 940% operating deficit.

Mission

PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE BARGAINING UNIT RETIREES OF METALLUS INC.

🔒

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 $2,523,976

Investment Income $-1,358,234

Other Revenue $0

TOTAL REVENUE $1,165,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,659

Fundraising Expenses $0

Program Expenses $12,124,340

Other Expenses $3,750,101

TOTAL EXPENSES $12,124,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,165,742	$3,724,362	-0.7%
Expenses	$12,124,340	$11,343,324	+0.1%
Net Income	$-10,958,598	$-7,618,962	+0.4%

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
N/A	TRUSTEE	40.00		$31,659	$0	$31,659

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	$1,165,742	$12,124,340	$55,353,448	$-10,958,598
2022	$3,724,362	$11,343,324	$59,447,256	$-7,618,962
2021	$6,735,999	$9,722,615	$77,313,713	$-2,986,616
2020	$5,339,148	$7,636,835	$82,422,100	$-2,297,687
2019	$5,540,462	$19,188,345	$82,597,196	$-13,647,883
2018	$6,574,552	$20,123,336	$86,535,719	$-13,548,784

METALLUS INC VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST