Oxnard Peace Officers Association Retiree Medical Trust
Oxnard Peace Officers Association Retiree Medical Trust consistently grows assets with minimal expenses and no officer compensation.
EIN: 206303493 · Mukilteo, WA · NTEE: Y44 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.0M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40.6 |
| Net Assets | $34.8M |
| Transparency Score | 85/100 |
Is Oxnard Peace Officers Association Retiree Medical Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oxnard Peace Officers Association Retiree Medical Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oxnard Peace Officers Association Retiree Medical Trust
Oxnard Peace Officers Association Retiree Medical Trust (EIN: 206303493) is a nonprofit organization based in Mukilteo, WA, classified under NTEE code Y44. The organization reported total revenue of $25.0M and total assets of $40.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oxnard Peace Officers Association Retiree Medical Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oxnard Peace Officers Association Retiree Medical Trust is a large 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 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $34.8M |
| Total Liabilities | $45K |
| Net Assets | $34.8M |
| Operating Margin | 53.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 296.3 months |
Financial Health Grade: A
In 2023, Oxnard Peace Officers Association Retiree Medical Trust reported a surplus of $1.6M with revenue exceeding expenses, holds 296.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oxnard Peace Officers Association Retiree Medical Trust's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.1% | +33.5% | +11.6% |
| 2022 | -31.4% | +5.4% | -8.9% |
| 2021 | +134.2% | +14.1% | +28.1% |
| 2020 | +17.8% | +7.7% | +8.3% |
| 2019 | -37.4% | +9.6% | +11.2% |
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 Oxnard Peace Officers Association Retiree Medical Trust with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Oxnard Peace Officers Association Retiree Medical Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of this asset size ($40.6 million latest assets). This suggests either a volunteer-led board or that compensation is reported under other expense categories, or that the trust is managed by an external entity whose fees are not categorized as officer compensation.
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 Oxnard Peace Officers Association Retiree Medical Trust's IRS 990 filings:
- Unusually low expense ratio relative to revenue, potentially indicating significant investment income or contributions not fully detailed in expense breakdown.
- Zero officer compensation for an organization with over $40 million in assets, which could imply management by an external entity or a fully volunteer board, warranting further investigation into governance and management costs.
Strengths
The following positive indicators were identified for Oxnard Peace Officers Association Retiree Medical Trust:
- Consistent and significant asset growth, from $15.4 million in 2014 to $34.8 million in 2023, indicating strong financial management.
- Very low expense-to-revenue ratio, demonstrating efficient use of funds for its stated purpose (e.g., 2023 expenses were $1.4M vs. $3.0M revenue).
- No reported officer compensation, suggesting a lean operational structure or volunteer leadership.
- Regular and extensive IRS 990 filing history (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Oxnard Peace Officers Association Retiree Medical Trust
Is Oxnard Peace Officers Association Retiree Medical Trust a legitimate charity?
Oxnard Peace Officers Association Retiree Medical Trust (EIN: 206303493) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $25.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Oxnard Peace Officers Association Retiree Medical Trust spend its money?
Oxnard Peace Officers Association Retiree Medical Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Oxnard Peace Officers Association Retiree Medical Trust tax-deductible?
Oxnard Peace Officers Association Retiree Medical Trust is registered as a tax-exempt nonprofit (EIN: 206303493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oxnard Peace Officers Association Retiree Medical Trust CEO make?
Oxnard Peace Officers Association Retiree Medical Trust's highest-compensated officer earns $40.6 annually. The organization reported $25.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Oxnard Peace Officers Association Retiree Medical Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oxnard Peace Officers Association Retiree Medical Trust is above average for NTEE category Y44 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oxnard Peace Officers Association Retiree Medical Trust located?
Oxnard Peace Officers Association Retiree Medical Trust is headquartered in Mukilteo, Washington and files with the IRS under EIN 206303493. It is classified under NTEE code Y44.
How many years of IRS 990 filings does Oxnard Peace Officers Association Retiree Medical Trust have?
Oxnard Peace Officers Association Retiree Medical 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 $25.0M in total revenue.
Is the Oxnard Peace Officers Association Retiree Medical Trust effectively managing its funds for its beneficiaries?
Yes, the trust appears to be effectively managing its funds, consistently growing its asset base from $15.4 million in 2014 to $34.8 million in 2023, while keeping expenses significantly lower than revenue. This indicates a strong focus on long-term asset accumulation for retiree medical benefits.
What are the specific administrative costs given the 0% officer compensation?
While officer compensation is reported as 0%, administrative costs would likely include professional fees for investment management, legal services, and other operational overhead necessary to manage a trust of this size. These details would be found in the full IRS 990 filings, specifically Part IX, Statement of Functional Expenses.
How does the trust ensure its long-term solvency for retiree medical benefits?
The consistent growth in assets and the low expense ratio suggest a strategy focused on capital preservation and growth. For example, in 2023, revenue was $3,027,977 while expenses were $1,409,641, allowing for significant asset accumulation. The trust's ability to maintain this trend is key to its long-term solvency.
Filing History
IRS 990 filing history for Oxnard Peace Officers Association Retiree Medical Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oxnard Peace Officers Association Retiree Medical Trust's revenue has grown by 61.3%, moving from $1.9M to $3.0M. Total assets increased by 291.6% over the same period, from $8.9M to $34.8M. Total functional expenses rose by 458.8%, from $252K to $1.4M. In its most recent filing year (2023), Oxnard Peace Officers Association Retiree Medical Trust reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $45K in liabilities against $34.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $34.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $1.4M | $34.8M | $45K | — | View 990 |
| 2022 | $4.0M | $1.1M | $31.2M | $19K | — | View 990 |
| 2021 | $5.8M | $1.0M | $34.2M | $31K | — | — |
| 2020 | $2.5M | $878K | $26.7M | $8K | — | — |
| 2019 | $2.1M | $816K | $24.7M | $6K | — | View 990 |
| 2018 | $3.4M | $744K | $22.2M | $17K | — | View 990 |
| 2017 | $2.4M | $634K | $19.9M | $17K | — | View 990 |
| 2016 | $3.5M | $614K | $17.3M | $14K | — | View 990 |
| 2015 | $2.2M | $546K | $16.4M | $10K | — | View 990 |
| 2014 | $2.2M | $458K | $15.5M | $3K | — | View 990 |
| 2013 | $2.0M | $388K | $12.4M | $2K | — | View 990 |
| 2012 | $2.0M | $339K | $10.7M | $385K | — | View 990 |
| 2011 | $1.9M | $252K | $8.9M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $1.4M, and assets of $34.8M (revenue -24.1% year-over-year).
- 2022: Revenue of $4.0M, expenses of $1.1M, and assets of $31.2M (revenue -31.4% year-over-year).
- 2021: Revenue of $5.8M, expenses of $1.0M, and assets of $34.2M (revenue +134.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $878K, and assets of $26.7M (revenue +17.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $816K, and assets of $24.7M (revenue -37.4% year-over-year).
- 2018: Revenue of $3.4M, expenses of $744K, and assets of $22.2M (revenue +38.6% year-over-year).
- 2017: Revenue of $2.4M, expenses of $634K, and assets of $19.9M (revenue -30.7% year-over-year).
- 2016: Revenue of $3.5M, expenses of $614K, and assets of $17.3M (revenue +62.6% year-over-year).
- 2015: Revenue of $2.2M, expenses of $546K, and assets of $16.4M (revenue -0.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $458K, and assets of $15.5M (revenue +10.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $388K, and assets of $12.4M (revenue +0.1% year-over-year).
- 2012: Revenue of $2.0M, expenses of $339K, and assets of $10.7M (revenue +4.0% year-over-year).
- 2011: Revenue of $1.9M, expenses of $252K, and assets of $8.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oxnard Peace Officers Association Retiree Medical Trust:
Data Sources and Methodology
This transparency report for Oxnard Peace Officers Association Retiree Medical 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.