Johnson Financial Group Inc Retiree Medical Savings Account Tr
Retiree Medical Savings Account Trust shows consistent asset growth and no liabilities over a decade.
EIN: 206524090 · Racine, WI · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $909K |
| Program Spending | 100% |
| Net Assets | $15.8M |
| Transparency Score | 95/100 |
Is Johnson Financial Group Inc Retiree Medical Savings Account Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Johnson Financial Group Inc Retiree Medical Savings Account Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Johnson Financial Group Inc Retiree Medical Savings Account Tr
Johnson Financial Group Inc Retiree Medical Savings Account Tr (EIN: 206524090) is a nonprofit organization based in Racine, WI, classified under NTEE code Y43. The organization reported total revenue of $1.1M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Johnson Financial Group Inc Retiree Medical Savings Account Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Johnson Financial Group Inc Retiree Medical Savings Account Tr is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $909K |
| Surplus / Deficit | +$913K |
| Total Assets | $15.8M |
| Net Assets | $15.8M |
| Operating Margin | 50.1% |
| Months of Reserves | 208.2 months |
Financial Health Grade: A
In 2023, Johnson Financial Group Inc Retiree Medical Savings Account Tr reported a surplus of $913K with revenue exceeding expenses, holds 208.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Johnson Financial Group Inc Retiree Medical Savings Account Tr's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | -10.0% | +13.1% |
| 2022 | -3.0% | +22.5% | -11.3% |
| 2021 | -13.2% | +33.0% | +7.4% |
| 2020 | +25.1% | -6.3% | +17.8% |
| 2019 | +10.4% | +22.5% | +19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Johnson Financial Group Inc Retiree Medical Savings Account 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, Johnson Financial Group Inc Retiree Medical Savings Account 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 $913K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly unusual and suggests a volunteer-led or externally managed structure for administrative functions.
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 Johnson Financial Group Inc Retiree Medical Savings Account Tr:
- Consistent asset growth, increasing from $7,718,152 in 2014 to $15,765,427 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- 0% officer compensation, demonstrating high efficiency and dedication of resources to the trust's purpose.
- Revenue consistently exceeds expenses, contributing to healthy financial reserves.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Johnson Financial Group Inc Retiree Medical Savings Account Tr
Is Johnson Financial Group Inc Retiree Medical Savings Account Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Johnson Financial Group Inc Retiree Medical Savings Account Tr (EIN: 206524090) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Johnson Financial Group Inc Retiree Medical Savings Account Tr spend its money?
Johnson Financial Group Inc Retiree Medical Savings Account Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Johnson Financial Group Inc Retiree Medical Savings Account Tr tax-deductible?
Johnson Financial Group Inc Retiree Medical Savings Account Tr is registered as a tax-exempt nonprofit (EIN: 206524090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Johnson Financial Group Inc Retiree Medical Savings Account Tr compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Johnson Financial Group Inc Retiree Medical Savings Account 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 Johnson Financial Group Inc Retiree Medical Savings Account Tr located?
Johnson Financial Group Inc Retiree Medical Savings Account Tr is headquartered in Racine, Wisconsin and files with the IRS under EIN 206524090. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Johnson Financial Group Inc Retiree Medical Savings Account Tr have?
Johnson Financial Group Inc Retiree Medical Savings Account 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 $1.1M in total revenue.
Is Johnson Financial Group Inc Retiree Medical Savings Account Tr a good charity?
Based on the provided financial data, the organization exhibits excellent financial health, with consistent asset growth, no liabilities, and 0% officer compensation. This suggests a highly efficient and well-managed entity, though its specific 'charitable' activities are tied to its trust nature rather than traditional program delivery.
How has the organization's asset base changed over time?
The organization's assets have shown significant and consistent growth, increasing from $7,718,152 in 2014 to $15,765,427 in 2023, nearly doubling in a decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no executives or officers are paid by the trust, which is a strong indicator of financial efficiency.
Filing History
IRS 990 filing history for Johnson Financial Group Inc Retiree Medical Savings Account Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Johnson Financial Group Inc Retiree Medical Savings Account Tr's revenue has grown by 51.6%, moving from $1.2M to $1.8M. Total assets increased by 189.1% over the same period, from $5.5M to $15.8M. Total functional expenses rose by 120.8%, from $412K to $909K. In its most recent filing year (2023), Johnson Financial Group Inc Retiree Medical Savings Account Tr reported a surplus of $913K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $909K | $15.8M | $0 | — | — |
| 2022 | $1.6M | $1.0M | $13.9M | $0 | — | View 990 |
| 2021 | $1.6M | $825K | $15.7M | $0 | — | View 990 |
| 2020 | $1.9M | $620K | $14.6M | $0 | — | View 990 |
| 2019 | $1.5M | $662K | $12.4M | $0 | — | View 990 |
| 2018 | $1.3M | $541K | $10.4M | $0 | — | View 990 |
| 2017 | $1.3M | $518K | $10.3M | $0 | — | View 990 |
| 2016 | $1.1M | $460K | $8.8M | $0 | — | View 990 |
| 2015 | $1.1M | $543K | $7.9M | $0 | — | View 990 |
| 2014 | $1.2M | $497K | $7.7M | $0 | — | View 990 |
| 2013 | $958K | $432K | $7.2M | $0 | — | View 990 |
| 2012 | $1.2M | $375K | $6.5M | $0 | — | View 990 |
| 2011 | $1.2M | $412K | $5.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $909K, and assets of $15.8M (revenue +16.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.0M, and assets of $13.9M (revenue -3.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $825K, and assets of $15.7M (revenue -13.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $620K, and assets of $14.6M (revenue +25.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $662K, and assets of $12.4M (revenue +10.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $541K, and assets of $10.4M (revenue +1.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $518K, and assets of $10.3M (revenue +21.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $460K, and assets of $8.8M (revenue -4.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $543K, and assets of $7.9M (revenue -1.9% year-over-year).
- 2014: Revenue of $1.2M, expenses of $497K, and assets of $7.7M (revenue +22.0% year-over-year).
- 2013: Revenue of $958K, expenses of $432K, and assets of $7.2M (revenue -21.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $375K, and assets of $6.5M (revenue +1.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $412K, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Johnson Financial Group Inc Retiree Medical Savings Account Tr:
Data Sources and Methodology
This transparency report for Johnson Financial Group Inc Retiree Medical Savings Account 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.