NYSNA RETIREE HEALTH FUND VEBA AT RUMC (EIN 874395117) - 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

2022

Legal Domicile

Principal Officer

LISA RUIZ

Phone

8007227214

Tax Period

2024-01-01 to 2024-12-31

NYSNA RETIREE HEALTH FUND VEBA AT RUMC, founded in 2022, is a small nonprofit in the Mutual Benefit sector that reported $342K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $205K, a strong 60% operating margin.

Mission

THE TRUST IS ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF PROVIDING REIMBURSEMENT OF QUALIFYING MEDICAL EXPENSES FOR ELIGIBLE RETIRED COVERED EMPLOYEES UPON THEIR RETIREMENT, AS PROVIDED IN THE COLLECTIVE BARGAINING AGREEMENT, AND TO FURTHER PROVIDE MEANS FOR FINANCING AND MAINTAINING THE OPERATION AND ADMINISTRATION OF THE TRUST AND THE PLAN.

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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 $340,500

Investment Income $1,776

Other Revenue $0

TOTAL REVENUE $342,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $38,193

TOTAL EXPENSES $137,645

Year-over-Year Comparison

	2024	2023	Change
Revenue	$342,276	$165,023	+1.1%
Expenses	$137,645	$126,286	+0.1%
Net Income	$204,631	$38,737	+4.3%

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
LISA RUIZ	UNION TRUSTEE	0.50	Director	$0	$0	$0
EILEEN FITZGERALD	UNION TRUSTEE	0.50	Director	$0	$0	$0
DIANE DONAGHY	UNION TRUSTEE	0.50	Director	$0	$0	$0
ROSEMARIE STAZZONE	FORMER EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
DANIEL MESSINA	FORMER EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
DAVID MURRAY	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
GAITRE LORICK	EMPLOYER TRUSTEE	0.50	Director	$0	$0	$0
CHRISTINE MAHONEY	EMPLOYER TRUSTEE	0.50	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
2024	$342,276	$137,645	$361,487	$204,631

NYSNA RETIREE HEALTH FUND VEBA AT RUMC