Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr processes hundreds of millions in revenue with minimal assets and no reported officer compensation.
EIN: 133481554 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $252.1M |
| Total Expenses | $125.5M |
| Program Spending | 95% |
| Net Assets | $135K |
| Transparency Score | 85/100 |
Is Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr (EIN: 133481554) is a nonprofit organization based in New York, NY. The organization reported total revenue of $252.1M and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr is a major nonprofit that has been operating for 36 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $124.3M |
| Total Expenses | $125.5M |
| Surplus / Deficit | $-1,190,094 |
| Total Assets | $135K |
| Net Assets | $135K |
| Operating Margin | -1.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2016, Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr reported a deficit of $1.2M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +7.2% | +4.7% | -89.8% |
| 2015 | +0.6% | -5.0% | -74.7% |
| 2014 | -18.5% | -6.1% | -68.0% |
| 2013 | -5.9% | -10.7% | +67.3% |
| 2012 | +6.5% | +3.0% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership does not receive salaries from the trust's funds, which is highly unusual for an entity managing hundreds of millions in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr's IRS 990 filings:
- Extremely low asset base ($135,195) relative to latest revenue ($252,133,956), which could indicate a lack of financial cushion or a highly efficient pass-through model that warrants further investigation.
- NTEE code is unknown, which limits understanding of its specific charitable purpose and industry benchmarks.
Strengths
The following positive indicators were identified for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr:
- Consistent reporting of 0% officer compensation, indicating no executive salaries are drawn from the organization's funds.
- Zero reported liabilities across all filing periods, suggesting a debt-free financial structure.
- Substantial revenue processing, indicating significant activity in its stated purpose of health care benefits.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr
Is Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr a legitimate charity?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr (EIN: 133481554) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $252.1M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr spend its money?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr tax-deductible?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr is registered as a tax-exempt nonprofit (EIN: 133481554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr located?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr is headquartered in New York, New York and files with the IRS under EIN 133481554.
How many years of IRS 990 filings does Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr have?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $252.1M in total revenue.
What is the specific nature of the 'health care benefits' provided by this trust?
The provided data does not specify the exact nature of the health care benefits, only that the organization is a trust for 'Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits'.
Why are the organization's assets so low relative to its revenue, especially in the latest period?
The low asset base ($135,195) compared to its substantial revenue ($252,133,956) suggests the organization functions as a pass-through entity, disbursing funds quickly rather than accumulating significant reserves. This is common for benefit trusts.
How does the organization cover its administrative costs if no officer compensation is reported?
While officer compensation is zero, administrative costs would still exist for operations, compliance, and other overhead. These costs are likely covered by a small portion of the revenue, or potentially absorbed by a related entity, but the specific breakdown is not available in the summary.
Filing History
IRS 990 filing history for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr's revenue has declined by 11.9%, moving from $141.1M to $124.3M. Total assets decreased by 98.6% over the same period, from $10.0M to $135K. Total functional expenses fell by 14.1%, from $146.2M to $125.5M. In its most recent filing year (2016), Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr reported a deficit of $1.2M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $124.3M | $125.5M | $135K | $0 | — | — |
| 2015 | $116.0M | $119.9M | $1.3M | $0 | — | View 990 |
| 2014 | $115.3M | $126.2M | $5.2M | $0 | — | View 990 |
| 2013 | $141.4M | $134.4M | $16.4M | $0 | — | View 990 |
| 2012 | $150.3M | $150.6M | $9.8M | $0 | — | View 990 |
| 2011 | $141.1M | $146.2M | $10.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $124.3M, expenses of $125.5M, and assets of $135K (revenue +7.2% year-over-year).
- 2015: Revenue of $116.0M, expenses of $119.9M, and assets of $1.3M (revenue +0.6% year-over-year).
- 2014: Revenue of $115.3M, expenses of $126.2M, and assets of $5.2M (revenue -18.5% year-over-year).
- 2013: Revenue of $141.4M, expenses of $134.4M, and assets of $16.4M (revenue -5.9% year-over-year).
- 2012: Revenue of $150.3M, expenses of $150.6M, and assets of $9.8M (revenue +6.5% year-over-year).
- 2011: Revenue of $141.1M, expenses of $146.2M, and assets of $10.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr:
Data Sources and Methodology
This transparency report for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.