AVANGRID RENEWABLES LLC POST-RETIREMENT MEDICAL PLAN TRUST

EIN: 680629872

ORANGE, CT

Total Revenue
$135
Total Expenses
$25,136
Total Assets
N/A
Net Assets
N/A
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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
1996
Legal Domicile
OR
Principal Officer
DAVID BEBER
Phone
2034992000
Tax Period
2022-01-01 to 2022-12-31

AVANGRID RENEWABLES LLC POST-RETIREMENT MEDICAL PLAN TRUST, founded in 1996, is a micro nonprofit that reported $135 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $25K exceeded revenue, resulting in a 18519% operating deficit.

Mission

THE PRIMARY PURPOSE FOR THIS PLAN IS TO PROVIDE FOR THE PAYMENT OF HEALTH CARE BENEFITS FOR ITS MEMBERS

Program Service Accomplishments

Program 1

THE PRIMARY ACHIEVEMENT FOR THIS PLAN WAS PROVIDING FOR THE PAYMENT OF HEALTH CARE BENEFITS FOR ITS MEMBERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $135
Other Revenue $0
TOTAL REVENUE $135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,000
Fundraising Expenses $0
Other Expenses $15,157
TOTAL EXPENSES $25,136

Year-over-Year Comparison

2022 2021 Change
Revenue $135 $85,115 -1.0%
Expenses $25,136 $515,402 -1.0%
Net Income $-25,001 $-430,287 -0.9%
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
N/A
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
N/A TRUSTEE 1.00
$5,000 $0 $5,000
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
2022 $135 $25,136 No data $-25,001
2021 $85,115 $515,402 $25,001 $-430,287
2020 $68,915 $646,837 $455,288 $-577,922
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