NORTHWEST FINANCIAL ASSOCIATIONS' EMPLOYEE BENEFIT TRUST (EIN 911040636) - 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

1968

Legal Domicile

Principal Officer

GLEN SIMECEK

Phone

2533965500

Tax Period

2023-01-01 to 2023-12-31

NORTHWEST FINANCIAL ASSOCIATIONS' EMPLOYEE BENEFIT TRUST, founded in 1968, is a mid-sized nonprofit in the Mutual Benefit sector that reported $21.4M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

PROVIDE HEALTH AND WELFARE BENEFITS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $21,380,315

Investment Income $0

Other Revenue $0

TOTAL REVENUE $21,380,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,047,680

TOTAL EXPENSES $21,764,625

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,380,315	$17,264,223	+0.2%
Expenses	$21,764,625	$17,345,623	+0.3%
Net Income	$-384,310	$-81,400	+3.7%

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
John Collins	TRUSTEE-Past	1.0	Director	$0	$0	$0
Leanne Antonio	trustee	1.0	Director	$0	$0	$0
JOHN MANOLIDES	Trustee	1.0	Director	$0	$0	$0
Dwayne Aberle	Trustee	1.0	Director	$0	$0	$0
Glen Simecek	Trustee	1.0	Director	$0	$0	$0
KATHY SWENSON	TRUSTEE	1.0	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	No data	No data	No data	No data
2023	$21,380,315	$21,764,625	$3,540,162	$-384,310
2022	$17,264,223	$17,345,623	$3,892,474	$-81,400
2021	$21,483,278	$21,440,891	$3,810,345	$42,387
2020	$30,098,950	$29,909,481	$4,157,273	$189,469
2019	$33,441,814	$33,173,026	$3,595,995	$268,788
2018	$34,906,121	$34,823,386	$4,148,797	$82,735

NORTHWEST FINANCIAL ASSOCIATIONS' EMPLOYEE BENEFIT TRUST