ALCO MANAGEMENT INC VEBA TRUST (EIN 621804810) - 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

2000

Legal Domicile

Principal Officer

NANCY E RUSSELL

Phone

9015441705

Tax Period

2024-01-01 to 2024-12-31

ALCO MANAGEMENT INC VEBA TRUST, founded in 2000, is a community nonprofit in the Mutual Benefit sector that reported $2.0M in total revenue in fiscal year 2024.

Mission

A VOLUNTARY EMPLOYEE BENEFICIARY ASSOC TRUST TO PROVIDE ELIGIBLE EMPLOYEES WITH CERTAIN HEALTH BENEFITS SUCH AS HOSPITAL, MEDICAL, MENTAL HEALTH, PRESCRIPTION DRUGS AND SURGICAL CARE AND TO MANAGE FUNDS OF THE TRUST.

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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 $2,008,761

Investment Income $9,327

Other Revenue $0

TOTAL REVENUE $2,018,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,013,950

Other Expenses $502,662

TOTAL EXPENSES $2,013,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,018,088	$1,878,862	+0.1%
Expenses	$2,013,950	$2,070,011	0.0%
Net Income	$4,138	$-191,149	-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

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
SARAH JEMISON	TRUSTEE	0.50	Director	$0	$0	$0
NANCY E RUSSELL	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	$2,018,088	$2,013,950	$62,940	$4,138
2023	$1,878,862	$2,070,011	$62,302	$-191,149
2022	$1,804,381	$1,962,925	$224,384	$-158,544
2021	$1,964,487	$2,079,701	$379,284	$-115,214
2020	$1,867,805	$2,019,702	$486,695	$-151,897
2019	$1,811,742	$1,988,027	$637,047	$-176,285
2018	$1,750,909	$1,747,226	$817,132	$3,683

ALCO MANAGEMENT INC VEBA TRUST