HEALTHINVEST HRA VEBA TRUST FOR THE INTERNATIONAL UNION OF PAINTERS AND ALLI (EIN 846469671) - 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

2019

Legal Domicile

Principal Officer

PATRICIA REIMANN

Phone

5098081397

Tax Period

2024-01-01 to 2024-12-31

HEALTHINVEST HRA VEBA TRUST FOR THE INTERNATIONAL UNION OF PAINTERS AND ALLI, founded in 2019, is a small nonprofit in the Mutual Benefit sector that reported $566K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $518K, a strong 92% operating margin.

Mission

TO PERMIT ELIGIBLE PARTICIPANTS TO OBTAIN REIMBURSEMENT OF QUALIFIED MEDICAL EXPENSES ON A NONTAXABLE BASIS FROM THEIR INDIVIDUAL HEALTH REIMBURSEMENT ACCOUNT ("HRA").

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $457,900

Investment Income $107,749

Other Revenue $0

TOTAL REVENUE $565,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $21,946

TOTAL EXPENSES $47,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$565,649	$488,293	+0.2%
Expenses	$47,692	$70,623	-0.3%
Net Income	$517,957	$417,670	+0.2%

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

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
N/A	TRUSTEE	2.00		$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	$565,649	$47,692	$2,638,195	$517,957
2023	$488,293	$70,623	$2,092,168	$417,670
2022	$461,191	$52,219	$1,572,566	$408,972
2021	$625,266	$26,720	$1,435,596	$598,546
2020	$422,913	$21,566	$848,894	$401,347
2019	$403,472	$945	$398,298	$402,527

HEALTHINVEST HRA VEBA TRUST FOR THE INTERNATIONAL UNION OF PAINTERS AND ALLI