HEALTHINVEST HRA VEBA TRUST FOR PU… - Form 990 Financial Data

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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

2020

Legal Domicile

Principal Officer

PATRICIA REIMANN

Phone

5098385571

Tax Period

2024-01-01 to 2024-12-31

HEALTHINVEST HRA VEBA TRUST FOR PUBLIC EMPLOYERS IN THE STATES OF CA NV AND AZ, founded in 2020, is a small nonprofit in the Mutual Benefit sector that reported $689K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $275K, a strong 40% operating margin.

Mission

TO PROVIDE HIGH-QUALITY, TAX-ADVANTAGED HEALTH REIMBURSEMENT PLANS FOR PUBLIC EMPLOYERS IN THE STATES OF CALIFORNIA, NEVADA, AND ARIZONA.

Program Service Accomplishments

Program 1

THIS TRUST HOLDS THE ASSETS OF THE HEALTHINVEST HRA VEBA TRUST FOR PUBLIC EMPLOYEES OF THE STATES OF CALIFORNIA, NEVADA, AND ARIZONA. THE PLAN PROVIDES A METHOD OF FUNDING QUALIFIED HEALTH AND...

THIS TRUST HOLDS THE ASSETS OF THE HEALTHINVEST HRA VEBA TRUST FOR PUBLIC EMPLOYEES OF THE STATES OF CALIFORNIA, NEVADA, AND ARIZONA. THE PLAN PROVIDES A METHOD OF FUNDING QUALIFIED HEALTH AND WELFARE COSTS TO ITS PARTICIPANTS AND THEIR DEPENDENTS.

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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 $459,863

Investment Income $229,353

Other Revenue $0

TOTAL REVENUE $689,216

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $39,443

TOTAL EXPENSES $414,014

Year-over-Year Comparison

	2024	2023	Change
Revenue	$689,216	$592,502	+0.2%
Expenses	$414,014	$306,742	+0.3%
Net Income	$275,202	$285,760	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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	INSTITUTIONAL TRUSTEE	2.00		$0	$0	$39,443

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	$689,216	$414,014	$2,608,093	$275,202
2023	$592,502	$306,742	$2,392,332	$285,760
2022	$295,224	$322,071	$2,073,475	$-26,847
2021	$219,456	$341,998	$2,375,722	$-122,542
2020	$2,556,672	$58,407	$2,498,265	$2,498,265

HEALTHINVEST HRA VEBA TRUST FOR PUBLIC EMPLOYERS IN THE STATES OF CA NV AND AZ