Iso New England Retiree Medical Dental And Life Tr
Retiree Medical Dental And Life Trust maintains strong asset growth with zero officer compensation.
EIN: 137379593 · Holyoke, MA · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $1.1M |
| Program Spending | 100% |
| CEO/Top Officer Pay | $28,429,017 |
| Net Assets | $26.3M |
| Transparency Score | 95/100 |
Is Iso New England Retiree Medical Dental And Life Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iso New England Retiree Medical Dental And Life Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iso New England Retiree Medical Dental And Life Tr
Iso New England Retiree Medical Dental And Life Tr (EIN: 137379593) is a nonprofit organization based in Holyoke, MA, classified under NTEE code Y43. The organization reported total revenue of $6.3M and total assets of $28.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iso New England Retiree Medical Dental And Life Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iso New England Retiree Medical Dental And Life Tr is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$601K |
| Total Assets | $26.3M |
| Net Assets | $26.3M |
| Operating Margin | 36.1% |
| Months of Reserves | 296.4 months |
Financial Health Grade: A
In 2023, Iso New England Retiree Medical Dental And Life Tr reported a surplus of $601K with revenue exceeding expenses, holds 296.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Iso New England Retiree Medical Dental And Life Tr's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +705.9% | +5.6% | +11.1% |
| 2022 | -96.0% | +18.9% | -16.5% |
| 2021 | +367.2% | +22.3% | +9.7% |
| 2020 | -8.2% | +4.5% | +12.7% |
| 2019 | -84.3% | +26.0% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Iso New England Retiree Medical Dental And Life Tr with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Iso New England Retiree Medical Dental And Life Tr allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 surplus of $601K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive compensation from the trust, which is highly favorable for a nonprofit of this size ($28,429,017 in assets).
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.
Strengths
The following positive indicators were identified for Iso New England Retiree Medical Dental And Life Tr:
- Consistent asset growth, from $15,355,780 in 2014 to $26,309,122 in 2023.
- Zero reported liabilities across all filings, indicating excellent financial stability.
- Zero officer compensation reported, demonstrating a strong commitment to mission and efficient use of funds.
- Low and stable expense ratios relative to assets and revenue, suggesting efficient operations.
- Clear focus on its stated purpose as a retiree medical, dental, and life trust.
Frequently Asked Questions about Iso New England Retiree Medical Dental And Life Tr
Is Iso New England Retiree Medical Dental And Life Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Iso New England Retiree Medical Dental And Life Tr (EIN: 137379593) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Iso New England Retiree Medical Dental And Life Tr spend its money?
Iso New England Retiree Medical Dental And Life Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iso New England Retiree Medical Dental And Life Tr tax-deductible?
Iso New England Retiree Medical Dental And Life Tr is registered as a tax-exempt nonprofit (EIN: 137379593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Iso New England Retiree Medical Dental And Life Tr CEO make?
Iso New England Retiree Medical Dental And Life Tr's highest-compensated officer earns $28,429,017 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Iso New England Retiree Medical Dental And Life Tr compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Iso New England Retiree Medical Dental And Life Tr is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iso New England Retiree Medical Dental And Life Tr located?
Iso New England Retiree Medical Dental And Life Tr is headquartered in Holyoke, Massachusetts and files with the IRS under EIN 137379593. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Iso New England Retiree Medical Dental And Life Tr have?
Iso New England Retiree Medical Dental And Life Tr has 13 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 $6.3M in total revenue.
Is Iso New England Retiree Medical Dental And Life Tr a good charity?
Based on the available IRS 990 data, the trust appears to be very well-managed. It consistently reports zero liabilities and zero officer compensation, indicating strong financial health and a direct focus on its mission. Its assets have grown steadily, suggesting effective long-term financial planning.
How does this organization manage its expenses?
The organization's expenses are consistently low relative to its assets and, in most years, its revenue. For example, in 2023, expenses were $1,065,245 against $26,309,122 in assets. This suggests efficient management and a focus on minimizing operational costs.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $15,355,780 in 2014 to $26,309,122 in 2023, demonstrating strong financial growth and stability.
Filing History
IRS 990 filing history for Iso New England Retiree Medical Dental And Life Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iso New England Retiree Medical Dental And Life Tr's revenue has grown by 54.4%, moving from $1.1M to $1.7M. Total assets increased by 168.2% over the same period, from $9.8M to $26.3M. Total functional expenses rose by 185%, from $374K to $1.1M. In its most recent filing year (2023), Iso New England Retiree Medical Dental And Life Tr reported a surplus of $601K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.1M | $26.3M | $0 | — | — |
| 2022 | $207K | $1.0M | $23.7M | $0 | — | View 990 |
| 2021 | $5.2M | $849K | $28.4M | $0 | — | View 990 |
| 2020 | $1.1M | $694K | $25.9M | $0 | — | View 990 |
| 2019 | $1.2M | $664K | $23.0M | $0 | — | View 990 |
| 2018 | $7.8M | $527K | $19.2M | $0 | — | View 990 |
| 2017 | $631K | $568K | $20.2M | $0 | — | View 990 |
| 2016 | $1.0M | $381K | $17.6M | $0 | — | View 990 |
| 2015 | $1.3M | $438K | $15.7M | $0 | — | View 990 |
| 2014 | $1.6M | $363K | $15.4M | $0 | — | View 990 |
| 2013 | $1.4M | $357K | $14.1M | $0 | — | View 990 |
| 2012 | $1.2M | $330K | $11.7M | $0 | — | View 990 |
| 2011 | $1.1M | $374K | $9.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.1M, and assets of $26.3M (revenue +705.9% year-over-year).
- 2022: Revenue of $207K, expenses of $1.0M, and assets of $23.7M (revenue -96.0% year-over-year).
- 2021: Revenue of $5.2M, expenses of $849K, and assets of $28.4M (revenue +367.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $694K, and assets of $25.9M (revenue -8.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $664K, and assets of $23.0M (revenue -84.3% year-over-year).
- 2018: Revenue of $7.8M, expenses of $527K, and assets of $19.2M (revenue +1133.1% year-over-year).
- 2017: Revenue of $631K, expenses of $568K, and assets of $20.2M (revenue -37.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $381K, and assets of $17.6M (revenue -24.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $438K, and assets of $15.7M (revenue -15.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $363K, and assets of $15.4M (revenue +11.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $357K, and assets of $14.1M (revenue +20.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $330K, and assets of $11.7M (revenue +8.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $374K, and assets of $9.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iso New England Retiree Medical Dental And Life Tr:
Data Sources and Methodology
This transparency report for Iso New England Retiree Medical Dental And Life 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.