CHSCOMMUNITY HEALTH SYSTEMS INC VEBA TRUST

EIN: 746491264 Mutual Benefit

FRANKLIN, TN

Total Revenue
$680,119,453
Total Expenses
$680,119,030
Total Assets
$7,220
Net Assets
$7,220
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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
1999
Legal Domicile
RI
Principal Officer
PHILLIP POSEY
Phone
6154657000
Tax Period
2024-01-01 to 2024-12-31

CHSCOMMUNITY HEALTH SYSTEMS INC VEBA TRUST, founded in 1999, is a major nonprofit in the Mutual Benefit sector that reported $680.1M in total revenue in fiscal year 2024.

Mission

THIS ORGANIZATION IS A VEBA TRUST SET UP FOR THE SOLE PURPOSE OF PAYING HEALTH AND WELFARE CLAIMS FOR CERTAIN EMPLOYEES OF SUBSIDIARIES OF COMMUNITY HEALTH SYSTEMS, INC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $680,119,030
Investment Income $423
Other Revenue $0
TOTAL REVENUE $680,119,453

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $39,728
TOTAL EXPENSES $680,119,030

Year-over-Year Comparison

2024 2023 Change
Revenue $680,119,453 $708,283,296 0.0%
Expenses $680,119,030 $708,282,972 0.0%
Net Income $423 $324 +0.3%
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 0.00
$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 $680,119,453 $680,119,030 $7,220 $423
2023 $708,283,296 $708,282,972 $6,797 $324
2022 $680,001,842 $680,001,733 $6,473 $109
2021 $643,569,715 $643,569,713 $6,364 $2
2020 $692,904,149 $692,904,125 $6,362 $24
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