Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr
Equitable Life Employee Benefit Trust experiences significant asset decline over six years due to expenses exceeding revenue.
EIN: 133481555 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.1M |
| Total Expenses | $3.8M |
| Program Spending | 90% |
| Net Assets | $4.1M |
| Transparency Score | 65/100 |
Is Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit 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 Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr (EIN: 133481555) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.1M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-112,929 |
| Total Assets | $4.1M |
| Net Assets | $4.1M |
| Operating Margin | -3.1% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2016, Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr reported a deficit of $113K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2016), Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +25.5% | +2.5% | -3.8% |
| 2015 | +56.0% | -6.7% | -21.7% |
| 2014 | +15.2% | +4.7% | -28.5% |
| 2013 | +9.0% | -3.0% | -28.2% |
| 2012 | -45.6% | -9.2% | -19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $113K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive compensation is paid, which is highly favorable for a nonprofit of its size.
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 Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr's IRS 990 filings:
- Consistent deficit spending from 2011-2016, with expenses exceeding revenue in each period.
- Significant decline in assets from $13,241,940 in 2011 to $4,127,841 in 2016, indicating a draw-down of principal.
- Lack of detailed expense breakdown (program vs. admin) in the provided data makes full efficiency assessment challenging for a typical charity analysis, though as a benefit trust, most spending is likely programmatic.
Strengths
The following positive indicators were identified for Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr:
- Consistently reports 0% officer compensation, indicating no executive pay.
- Reports zero liabilities across all available filing periods, suggesting strong solvency.
- Latest revenue of $8,072,878 is a substantial increase, potentially improving future financial health if expenses are managed.
Frequently Asked Questions about Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr
Is Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr a legitimate charity?
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr (EIN: 133481555) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 6 years of IRS 990 filings on record. Total revenue: $8.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr spend its money?
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr tax-deductible?
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr is registered as a tax-exempt nonprofit (EIN: 133481555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr located?
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr is headquartered in New York, New York and files with the IRS under EIN 133481555.
How many years of IRS 990 filings does Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr have?
Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit 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 $8.1M in total revenue.
Is Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr financially stable?
Historically, the trust has shown declining financial stability, with expenses consistently exceeding revenue from 2011 to 2016, leading to a decrease in assets from $13,241,940 to $4,127,841. The latest reported revenue of $8,072,878 is a significant increase, but without corresponding expense data for that period, it's difficult to confirm current stability.
What is the primary purpose of this organization?
Based on its name, 'Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr' is a health care benefit trust for employees, managers, and agents of the Equitable Life Insurance Society of the US.
Does this organization pay its executives?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating no executive compensation is paid.
Why have the assets decreased so much?
Assets have decreased significantly because the trust's expenses consistently exceeded its revenue in the periods from 2011 to 2016. For example, in 2016, expenses were $3,815,444 while revenue was $3,702,515, contributing to the asset drawdown.
Filing History
IRS 990 filing history for Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr's revenue has grown by 33.7%, moving from $2.8M to $3.7M. Total assets decreased by 68.8% over the same period, from $13.2M to $4.1M. Total functional expenses fell by 11.8%, from $4.3M to $3.8M. In its most recent filing year (2016), Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr reported a deficit of $113K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $3.7M | $3.8M | $4.1M | $0 | — | View 990 |
| 2015 | $3.0M | $3.7M | $4.3M | $0 | — | View 990 |
| 2014 | $1.9M | $4.0M | $5.5M | $0 | — | View 990 |
| 2013 | $1.6M | $3.8M | $7.7M | $0 | — | View 990 |
| 2012 | $1.5M | $3.9M | $10.7M | $0 | — | View 990 |
| 2011 | $2.8M | $4.3M | $13.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $3.7M, expenses of $3.8M, and assets of $4.1M (revenue +25.5% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.7M, and assets of $4.3M (revenue +56.0% year-over-year).
- 2014: Revenue of $1.9M, expenses of $4.0M, and assets of $5.5M (revenue +15.2% year-over-year).
- 2013: Revenue of $1.6M, expenses of $3.8M, and assets of $7.7M (revenue +9.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $3.9M, and assets of $10.7M (revenue -45.6% year-over-year).
- 2011: Revenue of $2.8M, expenses of $4.3M, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit Tr:
Data Sources and Methodology
This transparency report for Equitable Life Ins Soc Of Us Emp Mgrs & Agents Hlth Care Benefit 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.