Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr consistently maintains financial stability with no reported officer compensation.
EIN: 208349521 · Saint Cloud, MN · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $798K |
| Program Spending | 100% |
| Net Assets | $5.0M |
| Transparency Score | 95/100 |
Is Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr (EIN: 208349521) is a nonprofit organization based in Saint Cloud, MN, classified under NTEE code Y43. The organization reported total revenue of $1.1M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $798K |
| Surplus / Deficit | +$425K |
| Total Assets | $5.1M |
| Total Liabilities | $151K |
| Net Assets | $5.0M |
| Operating Margin | 34.8% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 77.3 months |
Financial Health Grade: A
In 2023, Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr reported a surplus of $425K with revenue exceeding expenses, holds 77.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.0% | -6.6% | +10.7% |
| 2022 | -14.7% | -8.4% | -6.6% |
| 2021 | -2.4% | +2.2% | +2.7% |
| 2020 | -24.7% | -0.1% | +2.1% |
| 2019 | +47.8% | -4.0% | +20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & 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, Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & 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 $425K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
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 for an organization of its size and asset base, suggesting a volunteer-led or externally managed structure.
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 Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization managing over $5 million in assets, which might indicate an external management structure not fully transparent in these filings.
Strengths
The following positive indicators were identified for Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr:
- Consistent revenue exceeding expenses, demonstrating strong financial health (e.g., 202308 revenue $1,223,096 vs. expenses $797,875).
- Zero reported officer compensation, indicating highly efficient use of funds directly for its mission.
- Steady growth in assets over time, reflecting sound financial management.
- Low liabilities, indicating minimal debt and strong solvency.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr
Is Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr (EIN: 208349521) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr spend its money?
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr tax-deductible?
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr is registered as a tax-exempt nonprofit (EIN: 208349521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & 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 Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr located?
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr is headquartered in Saint Cloud, Minnesota and files with the IRS under EIN 208349521. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr have?
Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & 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 Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr a good charity?
Based on the available IRS 990 data, the organization appears to be very well-managed financially, consistently generating more revenue than expenses and showing no officer compensation. Its purpose as a retiree benefits plan aligns with its NTEE code, suggesting it effectively serves its intended beneficiaries.
How does the organization manage without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization is either entirely volunteer-run at the executive level, or its administrative functions and executive oversight are provided by an external entity or parent organization without direct compensation from this specific entity.
What is the trend in the organization's assets and liabilities?
The organization's assets have shown consistent growth, from $3,864,645 in 201608 to $5,142,535 in 202308. Liabilities have generally been zero, with minor exceptions of $200,000 in 201908 and $151,176 in 202308, indicating strong financial health and minimal debt.
Filing History
IRS 990 filing history for Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr's revenue has grown by 2%, moving from $1.2M to $1.2M. Total assets increased by 18.2% over the same period, from $4.4M to $5.1M. Total functional expenses fell by 10.4%, from $891K to $798K. In its most recent filing year (2023), Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr reported a surplus of $425K, with revenue exceeding expenses. The organization holds $151K in liabilities against $5.1M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $798K | $5.1M | $151K | — | View 990 |
| 2022 | $949K | $854K | $4.6M | $0 | — | View 990 |
| 2021 | $1.1M | $933K | $5.0M | $0 | — | View 990 |
| 2020 | $1.1M | $912K | $4.8M | $0 | — | — |
| 2019 | $1.5M | $913K | $4.7M | $200K | — | View 990 |
| 2018 | $1.0M | $951K | $3.9M | $0 | — | View 990 |
| 2017 | $953K | $952K | $3.9M | $0 | — | View 990 |
| 2016 | $169K | $1.0M | $3.9M | $0 | — | View 990 |
| 2015 | $1.0M | $1.0M | $4.7M | $0 | — | View 990 |
| 2014 | $1.1M | $1.0M | $4.7M | $0 | — | View 990 |
| 2013 | $1.2M | $1.0M | $4.6M | $0 | — | View 990 |
| 2012 | $1.2M | $938K | $4.6M | $0 | — | View 990 |
| 2011 | $1.2M | $891K | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $798K, and assets of $5.1M (revenue +29.0% year-over-year).
- 2022: Revenue of $949K, expenses of $854K, and assets of $4.6M (revenue -14.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $933K, and assets of $5.0M (revenue -2.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $912K, and assets of $4.8M (revenue -24.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $913K, and assets of $4.7M (revenue +47.8% year-over-year).
- 2018: Revenue of $1.0M, expenses of $951K, and assets of $3.9M (revenue +7.4% year-over-year).
- 2017: Revenue of $953K, expenses of $952K, and assets of $3.9M (revenue +464.9% year-over-year).
- 2016: Revenue of $169K, expenses of $1.0M, and assets of $3.9M (revenue -83.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $4.7M (revenue -6.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $4.7M (revenue -10.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.0M, and assets of $4.6M (revenue +1.1% year-over-year).
- 2012: Revenue of $1.2M, expenses of $938K, and assets of $4.6M (revenue -0.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $891K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & Tr:
Data Sources and Methodology
This transparency report for Thunderbird Mining Co Retiree Health & Welfare Benefits Pl & 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.