Ibm Corp Medical & Dental Benefits Plan Tr P92435
IBM Medical & Dental Benefits Plan consistently disburses over $1 billion annually with zero reported officer compensation and liabilities.
EIN: 133017999 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1B |
| Total Expenses | $1.0B |
| Program Spending | 99% |
| Net Assets | $19.4M |
| Transparency Score | 90/100 |
Is Ibm Corp Medical & Dental Benefits Plan Tr P92435 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ibm Corp Medical & Dental Benefits Plan Tr P92435 directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ibm Corp Medical & Dental Benefits Plan Tr P92435
Ibm Corp Medical & Dental Benefits Plan Tr P92435 (EIN: 133017999) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $1.1B and total assets of $18.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibm Corp Medical & Dental Benefits Plan Tr P92435's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ibm Corp Medical & Dental Benefits Plan Tr P92435 is a major nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0B |
| Total Expenses | $1.0B |
| Surplus / Deficit | $-6,613,249 |
| Total Assets | $19.4M |
| Net Assets | $19.4M |
| Operating Margin | -0.6% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, Ibm Corp Medical & Dental Benefits Plan Tr P92435 reported a deficit of $6.6M with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Ibm Corp Medical & Dental Benefits Plan Tr P92435's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | -3.0% | -25.4% |
| 2022 | -6.2% | -7.5% | +48.6% |
| 2021 | +0.4% | +2.6% | -31.2% |
| 2020 | -3.0% | -6.3% | +190.4% |
| 2019 | -5.7% | -5.0% | -72.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Ibm Corp Medical & Dental Benefits Plan Tr P92435 with a Mission Score of 90 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Ibm Corp Medical & Dental Benefits Plan Tr P92435 allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.6M, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers from this entity, which is highly efficient and transparent for a benefits trust of this scale.
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 Ibm Corp Medical & Dental Benefits Plan Tr P92435's IRS 990 filings:
- NTEE Code is 'Unknown', limiting clear classification of its specific purpose.
- Lack of detailed expense breakdown beyond total expenses makes it difficult to fully assess programmatic efficiency.
Strengths
The following positive indicators were identified for Ibm Corp Medical & Dental Benefits Plan Tr P92435:
- Consistently reports 0% officer compensation, indicating high efficiency in executive overhead.
- Reports $0 liabilities across all filings, demonstrating strong financial stability and no debt.
- Manages over $1 billion in annual revenue and expenses, indicating significant scale and impact in providing benefits.
- Expenses closely align with revenue, suggesting funds are primarily disbursed for their intended purpose rather than accumulated.
Frequently Asked Questions about Ibm Corp Medical & Dental Benefits Plan Tr P92435
Is Ibm Corp Medical & Dental Benefits Plan Tr P92435 a legitimate charity?
Based on AI analysis of IRS 990 filings, Ibm Corp Medical & Dental Benefits Plan Tr P92435 (EIN: 133017999) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Ibm Corp Medical & Dental Benefits Plan Tr P92435 spend its money?
Ibm Corp Medical & Dental Benefits Plan Tr P92435 directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ibm Corp Medical & Dental Benefits Plan Tr P92435 tax-deductible?
Ibm Corp Medical & Dental Benefits Plan Tr P92435 is registered as a tax-exempt nonprofit (EIN: 133017999). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ibm Corp Medical & Dental Benefits Plan Tr P92435 located?
Ibm Corp Medical & Dental Benefits Plan Tr P92435 is headquartered in Brooklyn, New York and files with the IRS under EIN 133017999.
How many years of IRS 990 filings does Ibm Corp Medical & Dental Benefits Plan Tr P92435 have?
Ibm Corp Medical & Dental Benefits Plan Tr P92435 has 14 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 $1.1B in total revenue.
What specific services or benefits does Ibm Corp Medical & Dental Benefits Plan Tr P92435 provide?
Based on its name, the organization provides medical and dental benefits. The financial data shows over a billion dollars in expenses annually, indicating significant disbursements for these benefits.
Why is the NTEE Code 'Unknown' for an organization of this size?
An 'Unknown' NTEE code can occur for various reasons, including the organization's specific structure as a benefits trust, or simply an oversight in classification. It limits understanding of its precise charitable or programmatic category.
How does the organization manage to have 0% officer compensation?
The 0% officer compensation suggests that executive salaries are either covered by a parent entity (IBM Corporation) or that the trust is managed by individuals who are not compensated directly through this specific filing, indicating high operational efficiency for this trust.
What are the primary drivers of the annual fluctuations in assets?
Asset fluctuations, such as the drop from $26,032,479 in 2022 to $19,419,231 in 2023, are likely due to the timing of contributions and benefit payouts, as the trust aims to disburse most funds rather than accumulate large reserves.
Filing History
IRS 990 filing history for Ibm Corp Medical & Dental Benefits Plan Tr P92435 showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Ibm Corp Medical & Dental Benefits Plan Tr P92435's revenue has declined by 12.8%, moving from $1.2B to $1.0B. Total assets increased by 1941923000% over the same period, from $1 to $19.4M. Total functional expenses fell by 16%, from $1.2B to $1.0B. In its most recent filing year (2023), Ibm Corp Medical & Dental Benefits Plan Tr P92435 reported a deficit of $6.6M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0B | $1.0B | $19.4M | $0 | — | View 990 |
| 2022 | $1.1B | $1.1B | $26.0M | $0 | — | View 990 |
| 2021 | $1.2B | $1.2B | $17.5M | $0 | — | View 990 |
| 2020 | $1.1B | $1.1B | $25.4M | $0 | — | — |
| 2019 | $1.2B | $1.2B | $8.8M | $0 | — | View 990 |
| 2018 | $1.3B | $1.3B | $32.3M | $0 | — | View 990 |
| 2017 | $1.3B | $1.3B | $47.8M | $0 | — | View 990 |
| 2016 | $1.3B | $1.3B | $58.1M | $0 | — | View 990 |
| 2015 | $1.4B | $1.4B | $99.5M | $0 | — | View 990 |
| 2014 | $1.3B | $1.4B | $52.6M | $0 | — | View 990 |
| 2013 | $1.4B | $1.7B | $210.1M | $0 | — | View 990 |
| 2012 | $2.1B | $1.7B | $491.5M | $0 | — | View 990 |
| 2011 | $1.8B | $1.8B | $96.8M | $0 | — | View 990 |
| 2010 | $1.2B | $1.2B | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0B, expenses of $1.0B, and assets of $19.4M (revenue -4.4% year-over-year).
- 2022: Revenue of $1.1B, expenses of $1.1B, and assets of $26.0M (revenue -6.2% year-over-year).
- 2021: Revenue of $1.2B, expenses of $1.2B, and assets of $17.5M (revenue +0.4% year-over-year).
- 2020: Revenue of $1.1B, expenses of $1.1B, and assets of $25.4M (revenue -3.0% year-over-year).
- 2019: Revenue of $1.2B, expenses of $1.2B, and assets of $8.8M (revenue -5.7% year-over-year).
- 2018: Revenue of $1.3B, expenses of $1.3B, and assets of $32.3M (revenue -2.3% year-over-year).
- 2017: Revenue of $1.3B, expenses of $1.3B, and assets of $47.8M (revenue -0.4% year-over-year).
- 2016: Revenue of $1.3B, expenses of $1.3B, and assets of $58.1M (revenue -8.7% year-over-year).
- 2015: Revenue of $1.4B, expenses of $1.4B, and assets of $99.5M (revenue +10.4% year-over-year).
- 2014: Revenue of $1.3B, expenses of $1.4B, and assets of $52.6M (revenue -8.5% year-over-year).
- 2013: Revenue of $1.4B, expenses of $1.7B, and assets of $210.1M (revenue -32.1% year-over-year).
- 2012: Revenue of $2.1B, expenses of $1.7B, and assets of $491.5M (revenue +14.0% year-over-year).
- 2011: Revenue of $1.8B, expenses of $1.8B, and assets of $96.8M (revenue +52.5% year-over-year).
- 2010: Revenue of $1.2B, expenses of $1.2B, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ibm Corp Medical & Dental Benefits Plan Tr P92435:
Data Sources and Methodology
This transparency report for Ibm Corp Medical & Dental Benefits Plan Tr P92435 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.