HUDSON EAST RIVER SYSTEMS LLC (EIN 822253311) - 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

2017

Legal Domicile

Phone

2122974255

Tax Period

2023-01-01 to 2023-12-31

HUDSON EAST RIVER SYSTEMS LLC, founded in 2017, is a major nonprofit in the Health Care sector that reported $136.1M in total revenue in fiscal year 2023. Revenue surged 935% from the prior year, signaling strong growth momentum. The organization ran a surplus of $125.7M, a strong 92% operating margin.

Mission

TO RECEIVE, HOLD, MANAGE AND INVEST THE NON-ERISA INVESTMENT ASSETS OF THE COMPANY'S MEMBERS AND TO SUPPORT THE DELIVERY OF HEALTH CARE TO THE PUBLIC BY ITS SUPPORT OF THE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $136,141,394

Other Revenue $0

TOTAL REVENUE $136,141,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $10,464,152

TOTAL EXPENSES $10,464,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$136,141,394	$13,155,793	+9.3%
Expenses	$10,464,152	$8,958,821	+0.2%
Net Income	$125,677,242	$4,196,972	+28.9%

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

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

$7,458,483

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHIEF INVESTMENT OFFICER	0.5	Officer	$0	$68,614	$2,533,729
N/A	PRESIDENT	0.5	Officer	$0	$85,653	$2,705,003
N/A	ASSISTANT TREASURER	0.5	Officer	$0	$79,270	$870,210
N/A	TREASURER	0.5	Officer	$0	$107,790	$1,349,541
N/A	FORMER OFFICER	0.0		$0	$10,351	$666,336

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	No data	No data	No data	No data
2023	$136,141,394	$10,464,152	$11,050,248,078	$125,677,242
2022	$13,155,793	$8,958,821	$9,508,016,816	$4,196,972
2021	$309,051,563	$10,621,726	$10,609,363,224	$298,429,837
2020	$81,815,633	$10,019,602	$9,323,421,475	$71,796,031
2019	$135,277,295	$8,818,426	$7,364,076,465	$126,458,869
2018	$40,590,058	$5,520,611	$4,702,557,284	$35,069,447

HUDSON EAST RIVER SYSTEMS LLC