Trustmark Corporation And Subsidiaries Medical Benefits Plan
EIN: 640714754 · Jackson, MS
| Metric | Value |
|---|---|
| Total Revenue | $17.3M |
| Total Expenses | $18.3M |
| Net Assets | $7.1M |
Is Trustmark Corporation And Subsidiaries Medical Benefits Plan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trustmark Corporation And Subsidiaries Medical Benefits Plan
Trustmark Corporation And Subsidiaries Medical Benefits Plan (EIN: 640714754) is a nonprofit organization based in Jackson, MS. The organization reported total revenue of $17.3M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustmark Corporation And Subsidiaries Medical Benefits Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trustmark Corporation And Subsidiaries Medical Benefits Plan is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.2M |
| Total Expenses | $18.3M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $7.1M |
| Net Assets | $7.1M |
| Operating Margin | 9.0% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Trustmark Corporation And Subsidiaries Medical Benefits Plan reported a surplus of $1.8M with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Trustmark Corporation And Subsidiaries Medical Benefits Plan's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | -1.2% | +34.3% |
| 2022 | +5.4% | +0.9% | +36.9% |
| 2021 | +3.8% | +2.4% | +17.4% |
| 2020 | +6.0% | -1.8% | +10.8% |
| 2019 | +0.3% | +3.8% | -25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trustmark Corporation And Subsidiaries Medical Benefits 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 Trustmark Corporation And Subsidiaries Medical Benefits 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 $1.8M, with revenue exceeding expenses.
Frequently Asked Questions about Trustmark Corporation And Subsidiaries Medical Benefits Plan
Is Trustmark Corporation And Subsidiaries Medical Benefits Plan a legitimate charity?
Trustmark Corporation And Subsidiaries Medical Benefits Plan (EIN: 640714754) is a registered tax-exempt nonprofit based in Mississippi. It has 13 years of IRS 990 filings on record. Total revenue: $17.3M. No red flags identified. Financial health grade: A.
How does Trustmark Corporation And Subsidiaries Medical Benefits Plan spend its money?
Trustmark Corporation And Subsidiaries Medical Benefits Plan reported $17.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Trustmark Corporation And Subsidiaries Medical Benefits Plan tax-deductible?
Trustmark Corporation And Subsidiaries Medical Benefits Plan is registered as a tax-exempt nonprofit (EIN: 640714754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trustmark Corporation And Subsidiaries Medical Benefits Plan located?
Trustmark Corporation And Subsidiaries Medical Benefits Plan is headquartered in Jackson, Mississippi and files with the IRS under EIN 640714754.
How many years of IRS 990 filings does Trustmark Corporation And Subsidiaries Medical Benefits Plan have?
Trustmark Corporation And Subsidiaries Medical Benefits Plan 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 $17.3M in total revenue.
Filing History
IRS 990 filing history for Trustmark Corporation And Subsidiaries Medical Benefits Plan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trustmark Corporation And Subsidiaries Medical Benefits Plan's revenue has grown by 57.7%, moving from $12.8M to $20.2M. Total assets increased by 48.1% over the same period, from $4.8M to $7.1M. Total functional expenses rose by 57.4%, from $11.7M to $18.3M. In its most recent filing year (2023), Trustmark Corporation And Subsidiaries Medical Benefits Plan reported a surplus of $1.8M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.2M | $18.3M | $7.1M | $0 | — | — |
| 2022 | $20.0M | $18.6M | $5.3M | $0 | — | View 990 |
| 2021 | $19.0M | $18.4M | $3.9M | $0 | — | View 990 |
| 2020 | $18.3M | $18.0M | $3.3M | $0 | — | — |
| 2019 | $17.3M | $18.3M | $3.0M | $0 | — | View 990 |
| 2018 | $17.2M | $17.6M | $4.0M | $0 | — | View 990 |
| 2017 | $17.9M | $16.8M | $4.4M | $0 | — | View 990 |
| 2016 | $17.0M | $17.4M | $3.4M | $0 | — | View 990 |
| 2015 | $16.0M | $17.1M | $3.8M | $0 | — | View 990 |
| 2014 | $15.9M | $15.2M | $4.9M | $0 | — | View 990 |
| 2013 | $15.3M | $15.1M | $4.3M | $0 | — | View 990 |
| 2012 | $12.6M | $13.4M | $4.0M | $0 | — | View 990 |
| 2011 | $12.8M | $11.7M | $4.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.2M, expenses of $18.3M, and assets of $7.1M (revenue +0.8% year-over-year).
- 2022: Revenue of $20.0M, expenses of $18.6M, and assets of $5.3M (revenue +5.4% year-over-year).
- 2021: Revenue of $19.0M, expenses of $18.4M, and assets of $3.9M (revenue +3.8% year-over-year).
- 2020: Revenue of $18.3M, expenses of $18.0M, and assets of $3.3M (revenue +6.0% year-over-year).
- 2019: Revenue of $17.3M, expenses of $18.3M, and assets of $3.0M (revenue +0.3% year-over-year).
- 2018: Revenue of $17.2M, expenses of $17.6M, and assets of $4.0M (revenue -3.9% year-over-year).
- 2017: Revenue of $17.9M, expenses of $16.8M, and assets of $4.4M (revenue +5.6% year-over-year).
- 2016: Revenue of $17.0M, expenses of $17.4M, and assets of $3.4M (revenue +6.3% year-over-year).
- 2015: Revenue of $16.0M, expenses of $17.1M, and assets of $3.8M (revenue +0.6% year-over-year).
- 2014: Revenue of $15.9M, expenses of $15.2M, and assets of $4.9M (revenue +3.7% year-over-year).
- 2013: Revenue of $15.3M, expenses of $15.1M, and assets of $4.3M (revenue +21.3% year-over-year).
- 2012: Revenue of $12.6M, expenses of $13.4M, and assets of $4.0M (revenue -1.3% year-over-year).
- 2011: Revenue of $12.8M, expenses of $11.7M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trustmark Corporation And Subsidiaries Medical Benefits Plan:
Data Sources and Methodology
This transparency report for Trustmark Corporation And Subsidiaries Medical Benefits 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.