CHAMBER BENEFIT ARRANGEMENT OF INDIANA TRUST

EIN: 836614110

INDIANAPOLIS, IN

Total Revenue
$72,884,759
Total Expenses
$72,402,548
Total Assets
$23,532,701
Net Assets
$1,158,136
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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
2019
Legal Domicile
IN
Principal Officer
JULIE GRICE
Phone
3172643110
Tax Period
2021-01-01 to 2021-12-31

CHAMBER BENEFIT ARRANGEMENT OF INDIANA TRUST, founded in 2019, is a mid-sized nonprofit that reported $72.9M in total revenue in fiscal year 2021. Revenue surged 113% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) WHICH PROVIDES MEDICAL AND PRESCRIPTION DRUG BENEFITS FOR ALL OF 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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $72,883,884
Investment Income $875
Other Revenue $0
TOTAL REVENUE $72,884,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,146,987
TOTAL EXPENSES $72,402,548

Year-over-Year Comparison

2021 2020 Change
Revenue $72,884,759 $34,202,287 +1.1%
Expenses $72,402,548 $34,050,666 +1.1%
Net Income $482,211 $151,621 +2.2%
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
6
Independent Members
6
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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER ELKIN TRUSTEE & PLAN ADMINISTRAT 1.00
Director
$0 $0 $0
JULIE GRICE TRUSTEE 1.00
Director
$0 $0 $0
SETH EASTERDAY TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER RIDER TRUSTEE 1.00
Director
$0 $0 $0
SARA SMITH TRUSTEE 1.00
Director
$0 $0 $0
KEVIN FLYNN TRUSTEE 1.00
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
2021 $72,884,759 $72,402,548 $23,532,701 $482,211
2020 $34,202,287 $34,050,666 $20,872,115 $151,621
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