Massachusetts Mutual Agents Health Benefit Trust
Massachusetts Mutual Agents Health Benefit Trust: Stable Operations, High Program Spending
EIN: 222553157 · Springfield, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $78.6M |
| Total Expenses | $79.0M |
| Program Spending | 99% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $-645,531 |
| Transparency Score | 75/100 |
Is Massachusetts Mutual Agents Health Benefit Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Mutual Agents Health Benefit Trust directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Mutual Agents Health Benefit Trust
Massachusetts Mutual Agents Health Benefit Trust (EIN: 222553157) is a nonprofit organization based in Springfield, MA. The organization reported total revenue of $78.6M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Mutual Agents Health Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Mutual Agents Health Benefit Trust is a major nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78.6M |
| Total Expenses | $79.0M |
| Surplus / Deficit | $-382,419 |
| Total Assets | $9.2M |
| Total Liabilities | $9.9M |
| Net Assets | $-645,531 |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 107.0% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, Massachusetts Mutual Agents Health Benefit Trust reported a deficit of $382K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 107.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Massachusetts Mutual Agents Health Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | -9.4% | -5.5% |
| 2022 | -0.7% | +1.5% | +20.8% |
| 2021 | +11.7% | +10.2% | +21.0% |
| 2020 | -7.6% | -10.5% | -20.6% |
| 2019 | +3.6% | +7.9% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Massachusetts Mutual Agents Health Benefit Trust with a Mission Score of 75 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Massachusetts Mutual Agents Health Benefit Trust 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 $382K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting that the leadership is either volunteer-based or compensated through an external entity, which is a positive for program spending efficiency.
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 Massachusetts Mutual Agents Health Benefit Trust:
- Consistently high percentage of spending on programs (99% in 2023) demonstrates a strong commitment to its mission.
- Stable revenue and expense patterns over several years indicate consistent operations and financial predictability.
- Low administrative and fundraising costs contribute to maximizing resources for direct benefits.
- The trust maintains a healthy asset base relative to its liabilities, indicating financial stability.
Frequently Asked Questions about Massachusetts Mutual Agents Health Benefit Trust
Is Massachusetts Mutual Agents Health Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Massachusetts Mutual Agents Health Benefit Trust (EIN: 222553157) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Massachusetts Mutual Agents Health Benefit Trust spend its money?
Massachusetts Mutual Agents Health Benefit Trust directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Massachusetts Mutual Agents Health Benefit Trust tax-deductible?
Massachusetts Mutual Agents Health Benefit Trust is registered as a tax-exempt nonprofit (EIN: 222553157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Massachusetts Mutual Agents Health Benefit Trust CEO make?
Massachusetts Mutual Agents Health Benefit Trust's highest-compensated officer earns $0 annually. The organization reported $78.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Massachusetts Mutual Agents Health Benefit Trust located?
Massachusetts Mutual Agents Health Benefit Trust is headquartered in Springfield, Massachusetts and files with the IRS under EIN 222553157.
How many years of IRS 990 filings does Massachusetts Mutual Agents Health Benefit Trust have?
Massachusetts Mutual Agents Health Benefit Trust 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 $78.6M in total revenue.
What does Massachusetts Mutual Agents Health Benefit Trust do?
Massachusetts Mutual Agents Health Benefit Trust is a nonprofit organization in the Unknown sector, located in Springfield, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Massachusetts Mutual Agents Health Benefit Trust have?
Massachusetts Mutual Agents Health Benefit Trust reported total revenue of $78,592,332. Based on 13 IRS 990 filings on record.
What are Massachusetts Mutual Agents Health Benefit Trust's total assets?
Massachusetts Mutual Agents Health Benefit Trust holds total assets of $9,235,469 as reported in IRS 990 filings.
Where is Massachusetts Mutual Agents Health Benefit Trust located?
Massachusetts Mutual Agents Health Benefit Trust is based in Springfield, Massachusetts.
What is Massachusetts Mutual Agents Health Benefit Trust's EIN?
Massachusetts Mutual Agents Health Benefit Trust's Employer Identification Number (EIN) is 222553157. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Massachusetts Mutual Agents Health Benefit Trust?
Massachusetts Mutual Agents Health Benefit Trust is classified under NTEE code Unknown (Unknown).
Is Massachusetts Mutual Agents Health Benefit Trust a registered 501(c)(3)?
Massachusetts Mutual Agents Health Benefit Trust appears in IRS records (EIN: 222553157). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Massachusetts Mutual Agents Health Benefit Trust file IRS Form 990?
Yes, Massachusetts Mutual Agents Health Benefit Trust has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Massachusetts Mutual Agents Health Benefit Trust's revenue in 2023?
In the 202312 filing period, Massachusetts Mutual Agents Health Benefit Trust reported total revenue of $78,592,332, total expenses of $78,974,751, and net assets of $9,235,469.
Is Massachusetts Mutual Agents Health Benefit Trust's revenue growing or declining?
Massachusetts Mutual Agents Health Benefit Trust's revenue is declining. Revenue went from $86,743,132 (202212) to $78,592,332 (202312), a -9.4% change. Based on 13 filings on record.
What is Massachusetts Mutual Agents Health Benefit Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Massachusetts Mutual Agents Health Benefit Trust covers tax period 202312. It shows revenue of $78,592,332, expenses of $78,974,751, total assets of $9,235,469, and liabilities of $9,881,000.
How much does Massachusetts Mutual Agents Health Benefit Trust spend on programs vs administration?
Based on IRS 990 analysis, Massachusetts Mutual Agents Health Benefit Trust allocates approximately 99% of expenses to program services, 1% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Massachusetts Mutual Agents Health Benefit Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Massachusetts Mutual Agents Health Benefit Trust appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Massachusetts Mutual Agents Health Benefit Trust's strengths?
Positive indicators for Massachusetts Mutual Agents Health Benefit Trust include: Consistently high percentage of spending on programs (99% in 2023) demonstrates a strong commitment to its mission.. Stable revenue and expense patterns over several years indicate consistent operations and financial predictability.. Low administrative and fundraising costs contribute to maximizing resources for direct benefits.. The trust maintains a healthy asset base relative to its liabilities, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Massachusetts Mutual Agents Health Benefit Trust compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting that the leadership is either volunteer-based or compensated through an external entity, which is a positive for program spending efficiency. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, how does the trust ensure effective governance and management oversight without direct compensation for its leadership?
The trust likely relies on a board of trustees or an affiliated entity (such as Massachusetts Mutual) to provide governance and management, with leadership potentially compensated through other means or serving in a volunteer capacity. This structure allows for extremely low administrative overhead directly attributable to executive salaries.
What is the nature of the 'other liabilities' that consistently represent a significant portion of the trust's balance sheet, such as $9,881,000 in 2023?
Without further detail, 'other liabilities' in a health benefit trust context could include claims incurred but not yet paid, reserves for future benefits, or obligations to the sponsoring entity. Understanding the breakdown would provide more insight into the trust's financial commitments and risk profile.
Filing History
IRS 990 filing history for Massachusetts Mutual Agents Health Benefit Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Massachusetts Mutual Agents Health Benefit Trust's revenue has grown by 48.2%, moving from $53.0M to $78.6M. Total assets increased by 57.6% over the same period, from $5.9M to $9.2M. Total functional expenses rose by 51.7%, from $52.1M to $79.0M. In its most recent filing year (2023), Massachusetts Mutual Agents Health Benefit Trust reported a deficit of $382K, with expenses exceeding revenue. The organization holds $9.9M in liabilities against $9.2M in assets (debt-to-asset ratio: 107.0%), resulting in net assets of $-645,531.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78.6M | $79.0M | $9.2M | $9.9M | — | — |
| 2022 | $86.7M | $87.1M | $9.8M | $10.0M | — | View 990 |
| 2021 | $87.3M | $85.9M | $8.1M | $8.0M | — | — |
| 2020 | $78.2M | $77.9M | $6.7M | $8.0M | — | View 990 |
| 2019 | $84.7M | $87.0M | $8.4M | $10.0M | — | View 990 |
| 2018 | $81.7M | $80.7M | $9.1M | $8.3M | — | View 990 |
| 2017 | $100.3M | $98.6M | $8.1M | $9.9M | — | View 990 |
| 2016 | $72.4M | $75.4M | $7.4M | $10.9M | — | View 990 |
| 2015 | $66.1M | $66.0M | $6.3M | $6.9M | — | View 990 |
| 2014 | $65.6M | $66.3M | $5.8M | $6.5M | — | View 990 |
| 2013 | $63.0M | $62.6M | $6.1M | $6.1M | — | View 990 |
| 2012 | $52.4M | $53.1M | $5.4M | $5.8M | — | View 990 |
| 2011 | $53.0M | $52.1M | $5.9M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78.6M, expenses of $79.0M, and assets of $9.2M (revenue -9.4% year-over-year).
- 2022: Revenue of $86.7M, expenses of $87.1M, and assets of $9.8M (revenue -0.7% year-over-year).
- 2021: Revenue of $87.3M, expenses of $85.9M, and assets of $8.1M (revenue +11.7% year-over-year).
- 2020: Revenue of $78.2M, expenses of $77.9M, and assets of $6.7M (revenue -7.6% year-over-year).
- 2019: Revenue of $84.7M, expenses of $87.0M, and assets of $8.4M (revenue +3.6% year-over-year).
- 2018: Revenue of $81.7M, expenses of $80.7M, and assets of $9.1M (revenue -18.6% year-over-year).
- 2017: Revenue of $100.3M, expenses of $98.6M, and assets of $8.1M (revenue +38.6% year-over-year).
- 2016: Revenue of $72.4M, expenses of $75.4M, and assets of $7.4M (revenue +9.5% year-over-year).
- 2015: Revenue of $66.1M, expenses of $66.0M, and assets of $6.3M (revenue +0.7% year-over-year).
- 2014: Revenue of $65.6M, expenses of $66.3M, and assets of $5.8M (revenue +4.2% year-over-year).
- 2013: Revenue of $63.0M, expenses of $62.6M, and assets of $6.1M (revenue +20.2% year-over-year).
- 2012: Revenue of $52.4M, expenses of $53.1M, and assets of $5.4M (revenue -1.2% year-over-year).
- 2011: Revenue of $53.0M, expenses of $52.1M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Mutual Agents Health Benefit Trust:
Data Sources and Methodology
This transparency report for Massachusetts Mutual Agents Health Benefit Trust 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.