SPOKANE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)STATE OF MONTANA VEBA HEALTH BENEFIT TRUST, founded in 2003, is a community nonprofit in the Mutual Benefit sector that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 26% operating margin.
THE TRUST HAS BEEN ESTABLISHED TO PROVIDE EMPLOYEES WITH HEALTH BENEFITS AS SET FORTH IN THE RELATED PLAN, WHILE THEY ARE ELIGIBLE TO RECEIVE SUCH BENEFITS, AND TO PROVIDE SUCH OTHER PERMISSIBLE PAYMENTS AS MAY BE DETERMINED FROM TIME TO TIME, AND IT IS INTENDED THAT THE BENEFITS AND PAYMENTS PROVIDED BY THE RELATED PLAN AND FUNDED THROUGH THE TRUST BE "LIFE, SICK, ACCIDENT, OR OTHER BENEFITS" AS THAT PHRASE IS DEFINED IN SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE.
THIS TRUST HOLDS THE ASSETS OF THE STATE OF MONTANA VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION HEALTH BENEFIT PLAN. THE PLAN PROVIDES MEDICAL BENEFITS TO ITS PARTICIPANTS AND THEIR DEPENDENTS. THE...
THIS TRUST HOLDS THE ASSETS OF THE STATE OF MONTANA VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION HEALTH BENEFIT PLAN. THE PLAN PROVIDES MEDICAL BENEFITS TO ITS PARTICIPANTS AND THEIR DEPENDENTS. THE PLAN IS A DEFINED CONTRIBUTION, HEALTH AND WELFARE BENEFIT PLAN COMMONLY REFERRED TO AS A "HEALTH REIMBURSEMENT ARRANGEMENT" PLAN. THE PLAN IS DESIGNED TO BE A TAX-FREE ACCOUNT FOR PARTICIPANTS TO PAY HEALTH BENEFITS NOT PROVIDED BY SOCIAL SECURITY, MEDICARE, OR ANY OTHER HEALTH INSURANCE CONTRACT OR PLAN. THE PAYMENTS OR REIMBURSEMENTS MAY NOT BE MADE FOR ITEMS PAID OR PAYABLE BY ANY OTHER INSURANCE CONTRACT OR PLAN, OR FOR EXPENSES THAT ARE DEDUCTED BY THE PARTICIPANT UNDER ANY OTHER SECTION OF THE INTERNAL REVENUE CODE OR WHICH WERE INCURRED PRIOR TO BECOMING A PARTICIPANT OF THE PLAN. THE AFOREMENTIONED EXPENSES MUST BE EXPENSES OF THE PARTICIPANTS, THE SPOUSES OF THE PARTICIPANTS AND/OR THE DEPENDENTS OF THE PARTICIPANTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,992,312 | $3,369,124 | +0.2% |
| Expenses | $2,941,717 | $2,980,616 | 0.0% |
| Net Income | $1,050,595 | $388,508 | +1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELANIE DENNING | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| AMY JENKS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,992,312 | $2,941,717 | $19,994,858 | $1,050,595 |
| 2023 | $3,369,124 | $2,980,616 | $17,733,685 | $388,508 |
| 2022 | $4,395,476 | $3,315,165 | $15,860,797 | $1,080,311 |
| 2021 | $6,326,929 | $3,336,065 | $17,102,634 | $2,990,864 |
| 2020 | $4,010,545 | $3,179,438 | $14,182,717 | $831,107 |
| 2019 | $4,461,671 | $3,047,924 | $12,591,222 | $1,413,747 |
| 2018 | $3,662,801 | $3,119,202 | $10,213,552 | $543,599 |
| 2018 | $3,701,167 | $3,157,568 | $10,213,552 | $543,599 |
Compare STATE OF MONTANA VEBA HEALTH BENEFIT TRUST with other nonprofits in Washington and across the country.