MONTEREY COUNTY HOSPITALITY ASSOCI… - Form 990 Financial Data

🔒

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

2017

Legal Domicile

Principal Officer

PAUL ROVELLA ESQ

Phone

6192602660

Tax Period

2019-01-01 to 2019-12-31

MONTEREY COUNTY HOSPITALITY ASSOCIATION HEALTH AND WELFARE TRUST, founded in 2017, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2019. Revenue surged 57% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE HEALTH BENEFITS (MEDICAL, DENTAL, AND VISION) FOR ELIGIBLE EMPLOYEES OF THE PARTICIPATING EMPLOYERS AND THEIR DEPENDENTS. ALL COVERED EMPLOYEES ARE ALSO ELIGIBLE TO RECEIVE LIFE INSURANCE BENEFITS. THESE INSURANCE PRODUCTS ARE FUNDED BY INSURANCE CONTRACTS PURCHASED BY THE PLAN.

Program Service Accomplishments

Program 1

Expenses: $3,124,692 Revenue: $3,458,380

TO PROVIDE HEALTH BENEFITS FOR PARTICIPANTS AND THEIR COVERED DEPENDENTS.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,458,380

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,458,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,124,692

Other Expenses $335,284

TOTAL EXPENSES $3,459,976

Year-over-Year Comparison

	2019	2018	Change
Revenue	$3,458,380	$2,207,165	+0.6%
Expenses	$3,459,976	$2,207,227	+0.6%
Net Income	$-1,596	$-62	+24.7%

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
PAUL ROVELLA ESQ	Chairperson	2.00	Officer Director	$0	$0	$0
CHRIS BARLOW AIA	Secretary	2.00	Officer Director	$0	$0	$0
NORA FAIRGARDEN	Trustee	2.00	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
2019	$3,458,380	$3,459,976	No data	$-1,596

MONTEREY COUNTY HOSPITALITY ASSOCIATION HEALTH AND WELFARE TRUST