Trust Agreement For The Post Retirement Medical Plan For Non
Trust Agreement For The Post Retirement Medical Plan For Non faces significant financial challenges with consistent operating deficits and depleted assets.
EIN: 10517035 · Orange, CT · Updated: 2026-03-26
Is Trust Agreement For The Post Retirement Medical Plan For Non Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trust Agreement For The Post Retirement Medical Plan For Non directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trust Agreement For The Post Retirement Medical Plan For Non
Trust Agreement For The Post Retirement Medical Plan For Non (EIN: 10517035) is a nonprofit organization based in Orange, CT. The organization reported total revenue of $289K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trust Agreement For The Post Retirement Medical Plan For Non 's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trust Agreement For The Post Retirement Medical Plan For Non with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Trust Agreement For The Post Retirement Medical Plan For Non allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating that no salaries or other compensation are paid to its officers, which is unusual for an entity managing a medical plan, regardless of its size.
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 Trust Agreement For The Post Retirement Medical Plan For Non 's IRS 990 filings:
- Consistent and significant operating deficits across multiple years (e.g., $430,559 expenses vs. $266,129 revenue in 2022).
- Dramatic decline in assets from $8,959,982 in 2012 to $0 in 2022.
- Reporting $0 in assets and $0 in liabilities in the latest filing, which is highly unusual for an active organization, especially a trust.
- Lack of detailed expense breakdown in the provided data makes it difficult to assess spending efficiency beyond overall deficits.
Strengths
The following positive indicators were identified for Trust Agreement For The Post Retirement Medical Plan For Non :
- Consistent filing of IRS Form 990s, indicating a basic level of transparency.
- No officer compensation reported, suggesting resources are not being used for executive salaries.
Frequently Asked Questions about Trust Agreement For The Post Retirement Medical Plan For Non
Is Trust Agreement For The Post Retirement Medical Plan For Non a legitimate charity?
Based on AI analysis of IRS 990 filings, Trust Agreement For The Post Retirement Medical Plan For Non (EIN: 10517035) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Trust Agreement For The Post Retirement Medical Plan For Non spend its money?
Trust Agreement For The Post Retirement Medical Plan For Non directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trust Agreement For The Post Retirement Medical Plan For Non tax-deductible?
Trust Agreement For The Post Retirement Medical Plan For Non is registered as a tax-exempt nonprofit (EIN: 10517035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have the organization's assets declined from over $8 million in 2012 to $0 in 2022?
The consistent operating deficits, where expenses significantly outpaced revenue in most years (e.g., $430,559 expenses vs. $266,129 revenue in 2022), likely led to the depletion of assets to cover these shortfalls.
How is the organization covering its consistent operating deficits without accumulating liabilities or having assets?
This is a critical question. The consistent reporting of $0 liabilities alongside significant deficits and now $0 assets suggests either an immediate funding mechanism not reflected in the revenue figures, or a unique trust structure where deficits are absorbed in a non-traditional accounting manner, or potentially incomplete financial reporting.
What specific services or benefits are being provided by this 'Post Retirement Medical Plan'?
The provided IRS 990 data does not detail the specific programs or services offered by the trust, making it difficult to assess the impact or efficiency of its spending.
Is the organization still operational given its $0 assets and consistent deficits?
While the latest filing (2022) shows continued operations with revenue and expenses, the $0 asset figure raises serious questions about its long-term viability and ability to fulfill its purpose as a medical plan trust.
Filing History
IRS 990 filing history for Trust Agreement For The Post Retirement Medical Plan For Non showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), Trust Agreement For The Post Retirement Medical Plan For Non 's revenue has declined by 52.9%, moving from $565K to $266K. Total assets decreased by 100% over the same period, from $5.5M to $0. Total functional expenses rose by 1630.2%, from $25K to $431K. In its most recent filing year (2022), Trust Agreement For The Post Retirement Medical Plan For Non reported a deficit of $164K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $266K | $431K | $0 | $0 | — | View 990 |
| 2019 | $411K | $746K | $6.3M | $0 | — | View 990 |
| 2018 | $267K | $879K | $6.6M | $0 | — | View 990 |
| 2017 | $570K | $968K | $7.2M | $0 | — | View 990 |
| 2016 | $170K | $853K | $7.6M | $0 | — | View 990 |
| 2015 | $665K | $1.2M | $8.3M | $0 | — | View 990 |
| 2014 | $620K | $954K | $8.8M | $0 | — | View 990 |
| 2013 | $558K | $376K | $9.1M | $0 | — | View 990 |
| 2012 | $3.8M | $296K | $9.0M | $0 | — | View 990 |
| 2011 | $565K | $25K | $5.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $266K, expenses of $431K, and assets of $0 (revenue -35.3% year-over-year).
- 2019: Revenue of $411K, expenses of $746K, and assets of $6.3M (revenue +53.9% year-over-year).
- 2018: Revenue of $267K, expenses of $879K, and assets of $6.6M (revenue -53.1% year-over-year).
- 2017: Revenue of $570K, expenses of $968K, and assets of $7.2M (revenue +235.6% year-over-year).
- 2016: Revenue of $170K, expenses of $853K, and assets of $7.6M (revenue -74.5% year-over-year).
- 2015: Revenue of $665K, expenses of $1.2M, and assets of $8.3M (revenue +7.3% year-over-year).
- 2014: Revenue of $620K, expenses of $954K, and assets of $8.8M (revenue +11.0% year-over-year).
- 2013: Revenue of $558K, expenses of $376K, and assets of $9.1M (revenue -85.2% year-over-year).
- 2012: Revenue of $3.8M, expenses of $296K, and assets of $9.0M (revenue +567.4% year-over-year).
- 2011: Revenue of $565K, expenses of $25K, and assets of $5.5M.
Data Sources and Methodology
This transparency report for Trust Agreement For The Post Retirement Medical Plan For Non 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.