MCII BENEFIT PLANS TRUST

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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

1993

Legal Domicile

Principal Officer

Pipasu Soni

Phone

2105172230

Tax Period

2020-01-01 to 2020-12-31

MCII BENEFIT PLANS TRUST, founded in 1993, is a community nonprofit that reported $6.4M in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

The trust provides for the payment of health and welfare benefits with respect to eligible full-time employees and North Dakota bargaining unit employees of the sponsor and their covered dependents.

Program Service Accomplishments

Program 1

Expenses: $6,387,487 Revenue: $6,361,748

The Trustee shall, from time to time at the plan administrator's directions, make payments out of the trust fund to the claims administrator or insurance company or covered employee or dependents in such amount and for such purposes as may be specified at the plan administrator's direction. At the end of 2020, the plan had served a total of 462 participants during the year.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,361,748

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,361,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,387,487

Other Expenses $666,243

TOTAL EXPENSES $6,387,487

Year-over-Year Comparison

	2020	2019	Change
Revenue	$6,361,748	$8,377,949	-0.2%
Expenses	$6,387,487	$8,444,237	-0.2%
Net Income	$-25,739	$-66,288	-0.6%

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

Total Directors

$231,321

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Timothy Nalepka	Former Trustee		$0	$0	$417,469
Sandra Morison	Former Trustee		$0	$0	$360,238
Denis Sutton	Trustee	Director	$0	$0	$231,321

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
2020	$6,361,748	$6,387,487	No data	$-25,739