CHAMBER ASSOCIATION BENEFIT PLAN TRUST (EIN 822769605) - 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

2018

Legal Domicile

Principal Officer

ERIC STAKEM

Phone

6127472205

Tax Period

2023-01-01 to 2023-12-31

CHAMBER ASSOCIATION BENEFIT PLAN TRUST, founded in 2018, is a community nonprofit in the Mutual Benefit sector that reported $9.1M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $10.2M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) WHICH PROVIDES MEDICAL AND PRESCRIPTION DRUG COVERGE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,139,383

Investment Income $2,954

Other Revenue $0

TOTAL REVENUE $9,142,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $991,856

TOTAL EXPENSES $10,189,651

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,142,337	$6,289,634	+0.5%
Expenses	$10,189,651	$7,358,861	+0.4%
Net Income	$-1,047,314	$-1,069,227	0.0%

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

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
JESSICA RINE	TRUSTEE	1.00	Director	$0	$0	$0
ERIN YODERS	TRUSTEE	1.00	Director	$0	$0	$0
ERIC STAKEM	TRUSTEE	1.00	Director	$0	$0	$0
RUSSELL ROGERSON	TRUSTEE	1.00	Director	$0	$0	$0
ERIKKA STORCH	PLAN ADMINISTRATOR	1.00	Officer	$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	No data	No data	No data	No data
2023	$9,142,337	$10,189,651	$673,747	$-1,047,314
2022	$6,289,634	$7,358,861	$231,362	$-1,069,227
2021	$3,445,211	$3,180,748	$635,802	$264,463
2020	$4,408,901	$4,414,435	$593,174	$-5,534
2019	$4,670,608	$4,660,613	$367,201	$9,995
2018	$1,344,201	$1,303,987	$436,030	$40,214

CHAMBER ASSOCIATION BENEFIT PLAN TRUST