Trinity Health Welfare Benefit Tr
Trinity Health Welfare Benefit Tr maintains substantial assets with fluctuating annual revenues and expenses, consistently reporting zero officer compensation.
EIN: 208151733 · Livonia, MI · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $63.9M |
| Total Expenses | $4.5M |
| Program Spending | 90% |
| Net Assets | $162.9M |
| Transparency Score | 85/100 |
Is Trinity Health Welfare Benefit Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Health Welfare Benefit Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Health Welfare Benefit Tr
Trinity Health Welfare Benefit Tr (EIN: 208151733) is a nonprofit organization based in Livonia, MI, classified under NTEE code Y43. The organization reported total revenue of $63.9M and total assets of $188.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Health Welfare Benefit Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Health Welfare Benefit Tr is a major nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-2,717,479 |
| Total Assets | $162.9M |
| Total Liabilities | $6K |
| Net Assets | $162.9M |
| Operating Margin | -153.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 435.3 months |
Financial Health Grade: B
In 2023, Trinity Health Welfare Benefit Tr reported a deficit of $2.7M with expenses exceeding revenue, holds 435.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Health Welfare Benefit Tr's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +379.6% | +356.9% | +14.7% |
| 2022 | -39.7% | -14.2% | -11.1% |
| 2021 | -93.9% | -1.1% | +34.8% |
| 2020 | +17.7% | -9.7% | +6.4% |
| 2019 | -19.6% | -2.8% | +8.7% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trinity Health Welfare Benefit Tr 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Trinity Health Welfare Benefit Tr allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either that no officers receive compensation directly from this entity or that compensation is managed through a related organization, which contributes positively to its financial efficiency from this entity's perspective.
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 Trinity Health Welfare Benefit Tr's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency analysis difficult.
- Significant year-over-year fluctuations in revenue and expenses, such as revenue of $1,772,675 vs. expenses of $4,490,154 in 202306, could indicate volatility if not properly managed by the trust's nature.
Strengths
The following positive indicators were identified for Trinity Health Welfare Benefit Tr:
- Strong asset growth over the past decade, from $76,169,697 in 2014 to $162,863,347 in 2023, demonstrating financial stability.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds regarding executive pay.
- Substantial current assets of $188,407,261 provide a strong financial cushion.
- Low liabilities relative to assets, with liabilities of $5,568 in 202306 against assets of $162,863,347, indicating a healthy balance sheet.
Frequently Asked Questions about Trinity Health Welfare Benefit Tr
Is Trinity Health Welfare Benefit Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinity Health Welfare Benefit Tr (EIN: 208151733) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Trinity Health Welfare Benefit Tr spend its money?
Trinity Health Welfare Benefit Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trinity Health Welfare Benefit Tr tax-deductible?
Trinity Health Welfare Benefit Tr is registered as a tax-exempt nonprofit (EIN: 208151733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Health Welfare Benefit Tr's spending goes to programs?
Trinity Health Welfare Benefit Tr directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Health Welfare Benefit Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trinity Health Welfare Benefit 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 Trinity Health Welfare Benefit Tr located?
Trinity Health Welfare Benefit Tr is headquartered in Livonia, Michigan and files with the IRS under EIN 208151733. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Trinity Health Welfare Benefit Tr have?
Trinity Health Welfare Benefit 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 $63.9M in total revenue.
What specific welfare benefits does Trinity Health Welfare Benefit Tr provide?
The provided data does not detail the specific welfare benefits offered by Trinity Health Welfare Benefit Tr. Further investigation into their public disclosures or mission statement would be necessary to understand their program activities.
Why do expenses sometimes exceed revenue, such as in 202306?
As a welfare benefit trust, it is common for expenses (benefit payouts) to exceed revenue (contributions/investment income) in certain periods, especially if large claims are paid out or investment income is lower. The long-term growth in assets suggests these are managed fluctuations.
How does Trinity Health Welfare Benefit Tr manage its significant assets?
The organization has consistently grown its assets from $76 million in 2014 to over $162 million in 2023. This indicates effective investment and asset management strategies, though specific details are not available in the provided summary.
Filing History
IRS 990 filing history for Trinity Health Welfare Benefit Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Health Welfare Benefit Tr's revenue has declined by 58.7%, moving from $4.3M to $1.8M. Total assets increased by 200.6% over the same period, from $54.2M to $162.9M. Total functional expenses rose by 81.1%, from $2.5M to $4.5M. In its most recent filing year (2023), Trinity Health Welfare Benefit Tr reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $6K in liabilities against $162.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $162.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $4.5M | $162.9M | $6K | — | View 990 |
| 2022 | $370K | $983K | $141.9M | $3K | — | View 990 |
| 2021 | $613K | $1.1M | $159.6M | $1K | — | — |
| 2020 | $10.0M | $1.2M | $118.4M | $1K | — | — |
| 2019 | $8.5M | $1.3M | $111.2M | $1K | — | View 990 |
| 2018 | $10.5M | $1.3M | $102.3M | $2K | — | View 990 |
| 2017 | $6.9M | $1.4M | $92.5M | $4K | — | View 990 |
| 2016 | $5.2M | $1.4M | $81.6M | $12K | — | View 990 |
| 2015 | $8.1M | $1.5M | $79.6M | $15K | — | View 990 |
| 2014 | $6.7M | $1.5M | $76.2M | $499K | — | View 990 |
| 2013 | $5.4M | $1.5M | $64.3M | $187K | — | View 990 |
| 2012 | $5.0M | $1.9M | $55.8M | $230K | — | View 990 |
| 2011 | $4.3M | $2.5M | $54.2M | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $4.5M, and assets of $162.9M (revenue +379.6% year-over-year).
- 2022: Revenue of $370K, expenses of $983K, and assets of $141.9M (revenue -39.7% year-over-year).
- 2021: Revenue of $613K, expenses of $1.1M, and assets of $159.6M (revenue -93.9% year-over-year).
- 2020: Revenue of $10.0M, expenses of $1.2M, and assets of $118.4M (revenue +17.7% year-over-year).
- 2019: Revenue of $8.5M, expenses of $1.3M, and assets of $111.2M (revenue -19.6% year-over-year).
- 2018: Revenue of $10.5M, expenses of $1.3M, and assets of $102.3M (revenue +52.6% year-over-year).
- 2017: Revenue of $6.9M, expenses of $1.4M, and assets of $92.5M (revenue +32.2% year-over-year).
- 2016: Revenue of $5.2M, expenses of $1.4M, and assets of $81.6M (revenue -35.5% year-over-year).
- 2015: Revenue of $8.1M, expenses of $1.5M, and assets of $79.6M (revenue +21.3% year-over-year).
- 2014: Revenue of $6.7M, expenses of $1.5M, and assets of $76.2M (revenue +24.4% year-over-year).
- 2013: Revenue of $5.4M, expenses of $1.5M, and assets of $64.3M (revenue +8.4% year-over-year).
- 2012: Revenue of $5.0M, expenses of $1.9M, and assets of $55.8M (revenue +15.5% year-over-year).
- 2011: Revenue of $4.3M, expenses of $2.5M, and assets of $54.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Health Welfare Benefit Tr:
Data Sources and Methodology
This transparency report for Trinity Health Welfare Benefit 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.