Retiree Medical Savings Account Plan
EIN: 562656539 · Pittsburgh, PA · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $369K |
| Net Assets | $10.7M |
Is Retiree Medical Savings Account Plan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Retiree Medical Savings Account Plan
Retiree Medical Savings Account Plan (EIN: 562656539) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code Y43. The organization reported total revenue of $2.3M and total assets of $12.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retiree Medical Savings Account Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retiree Medical Savings Account Plan is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $369K |
| Surplus / Deficit | +$1.3M |
| Total Assets | $10.7M |
| Net Assets | $10.7M |
| Operating Margin | 78.1% |
| Months of Reserves | 349.3 months |
Financial Health Grade: A
In 2023, Retiree Medical Savings Account Plan reported a surplus of $1.3M with revenue exceeding expenses, holds 349.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Retiree Medical Savings Account Plan's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.0% | +19.0% | +13.9% |
| 2022 | +16.0% | +5.8% | +9.4% |
| 2021 | -5.0% | +13.0% | +8.5% |
| 2020 | -4.2% | +12.9% | +10.5% |
| 2019 | +16.4% | +85.5% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Retiree Medical Savings Account Plan 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 Retiree Medical Savings Account Plan 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 $1.3M, with revenue exceeding expenses.
Frequently Asked Questions about Retiree Medical Savings Account Plan
Is Retiree Medical Savings Account Plan a legitimate charity?
Retiree Medical Savings Account Plan (EIN: 562656539) is a registered tax-exempt nonprofit based in Pennsylvania. It has 14 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Retiree Medical Savings Account Plan spend its money?
Retiree Medical Savings Account Plan reported $2.3M 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 Retiree Medical Savings Account Plan tax-deductible?
Retiree Medical Savings Account Plan is registered as a tax-exempt nonprofit (EIN: 562656539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Retiree Medical Savings Account Plan located?
Retiree Medical Savings Account Plan is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 562656539. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Retiree Medical Savings Account Plan have?
Retiree Medical Savings Account Plan 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Retiree Medical Savings Account Plan showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Retiree Medical Savings Account Plan's revenue has grown by 267.5%, moving from $458K to $1.7M. Total assets increased by 481% over the same period, from $1.8M to $10.7M. Total functional expenses rose by 712.9%, from $45K to $369K. In its most recent filing year (2023), Retiree Medical Savings Account Plan reported a surplus of $1.3M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $369K | $10.7M | $0 | — | — |
| 2022 | $1.1M | $310K | $9.4M | $0 | — | View 990 |
| 2021 | $967K | $293K | $8.6M | $0 | — | View 990 |
| 2020 | $1.0M | $260K | $7.9M | $0 | — | View 990 |
| 2019 | $1.1M | $230K | $7.2M | $0 | — | — |
| 2018 | $912K | $124K | $6.4M | $0 | — | View 990 |
| 2017 | $737K | $84K | $5.6M | $0 | — | — |
| 2016 | $695K | $111K | $4.9M | $0 | — | View 990 |
| 2015 | $609K | $56K | $4.3M | $0 | — | View 990 |
| 2014 | $575K | $61K | $3.8M | $0 | — | View 990 |
| 2013 | $553K | $79K | $3.3M | $0 | — | View 990 |
| 2012 | $522K | $29K | $2.8M | $0 | — | View 990 |
| 2011 | $490K | $44K | $2.3M | $0 | — | View 990 |
| 2010 | $458K | $45K | $1.8M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $369K, and assets of $10.7M (revenue +50.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $310K, and assets of $9.4M (revenue +16.0% year-over-year).
- 2021: Revenue of $967K, expenses of $293K, and assets of $8.6M (revenue -5.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $260K, and assets of $7.9M (revenue -4.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $230K, and assets of $7.2M (revenue +16.4% year-over-year).
- 2018: Revenue of $912K, expenses of $124K, and assets of $6.4M (revenue +23.8% year-over-year).
- 2017: Revenue of $737K, expenses of $84K, and assets of $5.6M (revenue +6.1% year-over-year).
- 2016: Revenue of $695K, expenses of $111K, and assets of $4.9M (revenue +14.1% year-over-year).
- 2015: Revenue of $609K, expenses of $56K, and assets of $4.3M (revenue +5.8% year-over-year).
- 2014: Revenue of $575K, expenses of $61K, and assets of $3.8M (revenue +4.0% year-over-year).
- 2013: Revenue of $553K, expenses of $79K, and assets of $3.3M (revenue +6.0% year-over-year).
- 2012: Revenue of $522K, expenses of $29K, and assets of $2.8M (revenue +6.6% year-over-year).
- 2011: Revenue of $490K, expenses of $44K, and assets of $2.3M (revenue +7.0% year-over-year).
- 2010: Revenue of $458K, expenses of $45K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retiree Medical Savings Account Plan:
Data Sources and Methodology
This transparency report for Retiree Medical Savings Account Plan 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.