Oklahoma Gas And Electric Company Employees Medical Benefit Trust
EIN: 736290375 · Des Moines, IA
| Metric | Value |
|---|---|
| Total Revenue | $32.1M |
| Total Expenses | $27.5M |
| Net Assets | $135K |
Is Oklahoma Gas And Electric Company Employees Medical Benefit Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oklahoma Gas And Electric Company Employees Medical Benefit Trust
Oklahoma Gas And Electric Company Employees Medical Benefit Trust (EIN: 736290375) is a nonprofit organization based in Des Moines, IA. The organization reported total revenue of $32.1M and total assets of $722K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Gas And Electric Company Employees Medical Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Gas And Electric Company Employees Medical Benefit Trust is a large nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.6M |
| Total Expenses | $27.5M |
| Surplus / Deficit | +$81K |
| Total Assets | $135K |
| Net Assets | $135K |
| Operating Margin | 0.3% |
| Months of Reserves | 0.1 months |
Financial Health Grade: A
In 2023, Oklahoma Gas And Electric Company Employees Medical Benefit Trust reported a surplus of $81K with revenue exceeding expenses, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Oklahoma Gas And Electric Company Employees Medical Benefit Trust's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +14.7% | +147.1% |
| 2022 | +4.2% | +4.3% | -1.7% |
| 2021 | +12.6% | +9.4% | +18.0% |
| 2020 | +4.9% | +0.2% | -92.5% |
| 2019 | -22.0% | -17.6% | -70.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oklahoma Gas And Electric Company Employees Medical Benefit Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oklahoma Gas And Electric Company Employees Medical Benefit Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
Frequently Asked Questions about Oklahoma Gas And Electric Company Employees Medical Benefit Trust
Is Oklahoma Gas And Electric Company Employees Medical Benefit Trust a legitimate charity?
Oklahoma Gas And Electric Company Employees Medical Benefit Trust (EIN: 736290375) is a registered tax-exempt nonprofit based in Iowa. It has 14 years of IRS 990 filings on record. Total revenue: $32.1M. No red flags identified. Financial health grade: A.
How does Oklahoma Gas And Electric Company Employees Medical Benefit Trust spend its money?
Oklahoma Gas And Electric Company Employees Medical Benefit Trust reported $32.1M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oklahoma Gas And Electric Company Employees Medical Benefit Trust tax-deductible?
Oklahoma Gas And Electric Company Employees Medical Benefit Trust is registered as a tax-exempt nonprofit (EIN: 736290375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma Gas And Electric Company Employees Medical Benefit Trust located?
Oklahoma Gas And Electric Company Employees Medical Benefit Trust is headquartered in Des Moines, Iowa and files with the IRS under EIN 736290375.
How many years of IRS 990 filings does Oklahoma Gas And Electric Company Employees Medical Benefit Trust have?
Oklahoma Gas And Electric Company Employees Medical Benefit Trust 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 $32.1M in total revenue.
Filing History
IRS 990 filing history for Oklahoma Gas And Electric Company Employees Medical Benefit Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Oklahoma Gas And Electric Company Employees Medical Benefit Trust's revenue has declined by 30.9%, moving from $39.9M to $27.6M. Total assets decreased by 98.4% over the same period, from $8.2M to $135K. Total functional expenses fell by 31.9%, from $40.3M to $27.5M. In its most recent filing year (2023), Oklahoma Gas And Electric Company Employees Medical Benefit Trust reported a surplus of $81K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.6M | $27.5M | $135K | $0 | — | View 990 |
| 2022 | $24.0M | $24.0M | $55K | $0 | — | View 990 |
| 2021 | $23.0M | $23.0M | $56K | $0 | — | View 990 |
| 2020 | $20.4M | $21.0M | $47K | $0 | — | — |
| 2019 | $19.5M | $21.0M | $624K | $0 | — | View 990 |
| 2018 | $25.0M | $25.5M | $2.1M | $0 | — | View 990 |
| 2017 | $26.8M | $26.8M | $2.6M | $0 | — | View 990 |
| 2016 | $38.8M | $39.5M | $10.6M | $0 | — | View 990 |
| 2015 | $41.4M | $41.0M | $11.2M | $0 | — | View 990 |
| 2014 | $43.2M | $40.9M | $11.7M | $0 | — | View 990 |
| 2013 | $41.0M | $40.3M | $10.7M | $0 | — | View 990 |
| 2012 | $38.9M | $39.5M | $8.7M | $0 | — | View 990 |
| 2011 | $42.1M | $41.1M | $8.9M | $0 | — | View 990 |
| 2010 | $39.9M | $40.3M | $8.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.6M, expenses of $27.5M, and assets of $135K (revenue +15.0% year-over-year).
- 2022: Revenue of $24.0M, expenses of $24.0M, and assets of $55K (revenue +4.2% year-over-year).
- 2021: Revenue of $23.0M, expenses of $23.0M, and assets of $56K (revenue +12.6% year-over-year).
- 2020: Revenue of $20.4M, expenses of $21.0M, and assets of $47K (revenue +4.9% year-over-year).
- 2019: Revenue of $19.5M, expenses of $21.0M, and assets of $624K (revenue -22.0% year-over-year).
- 2018: Revenue of $25.0M, expenses of $25.5M, and assets of $2.1M (revenue -6.9% year-over-year).
- 2017: Revenue of $26.8M, expenses of $26.8M, and assets of $2.6M (revenue -30.8% year-over-year).
- 2016: Revenue of $38.8M, expenses of $39.5M, and assets of $10.6M (revenue -6.3% year-over-year).
- 2015: Revenue of $41.4M, expenses of $41.0M, and assets of $11.2M (revenue -4.2% year-over-year).
- 2014: Revenue of $43.2M, expenses of $40.9M, and assets of $11.7M (revenue +5.5% year-over-year).
- 2013: Revenue of $41.0M, expenses of $40.3M, and assets of $10.7M (revenue +5.4% year-over-year).
- 2012: Revenue of $38.9M, expenses of $39.5M, and assets of $8.7M (revenue -7.5% year-over-year).
- 2011: Revenue of $42.1M, expenses of $41.1M, and assets of $8.9M (revenue +5.5% year-over-year).
- 2010: Revenue of $39.9M, expenses of $40.3M, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Gas And Electric Company Employees Medical Benefit Trust:
Data Sources and Methodology
This transparency report for Oklahoma Gas And Electric Company Employees Medical 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.