Ibm Corp Medical & Dental Benefits Plan Tr P92435
501(c)(9)
100% goes to programs Thin reserves
Ibm Corp Medical & Dental Benefits Plan Tr P92435 is a 501(c)(9) organization based in Brooklyn, New York, registered in 1977, with $1,074,044,515 in FY2024 revenue. CharityIndex grades it C, and it directs about 100% of spending to programs.
4 Chase Metrotech Ctr, Brooklyn, NY, 11245 EIN 13-3017999 Since 1977
Revenue (FY2024)
$1.1B
▲ 4.0% vs prior year
Expenses (FY2024)
$1.1B
Net assets
$18.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ibm Corp Medical & Dental Benefits Plan Tr P92435: 100% to programs earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ibm Corp Medical & Dental Benefits Plan Tr P92435: 0 mo reserves · -0% margin earns a C on this criterion. See the exact thresholds →
FGovernance25% of the rating0 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ibm Corp Medical & Dental Benefits Plan Tr P92435: 0 of 6 checks met earns a F on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ibm Corp Medical & Dental Benefits Plan Tr P92435: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide medical and dental benefits to eligible participants covered under the ibm corporation medical & dental benefits plan trust.
Contact & location
Financial trends
Revenue declined from $1.4B (FY2013) to $1.1B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $18.4M
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$18.4M
Total liabilities
$0
Net assets
$18.4M
Salaries & benefits
$5,000
0% of expenses
Board members
1
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,074,044,515▲4.0% | $1,075,280,421▲3.4% | $18,360,338▼5.5% | $18,360,338▼5.5% | 990 |
| 2023 | $1,032,954,186▼4.4% | $1,039,567,435▼3.0% | $19,419,231▼25.4% | $19,419,231▼25.4% | 990 |
| 2022 | $1,080,123,730▼6.2% | $1,071,607,570▼7.5% | $26,032,479▲48.6% | $26,032,479▲48.6% | 990 |
| 2021 | $1,151,113,587▲0.4% | $1,159,041,966▲2.6% | $17,516,319▼31.2% | $17,516,319▼31.2% | 990 |
| 2020 | $1,146,807,350▼3.0% | $1,130,125,072▼6.3% | $25,444,698▲190% | $25,444,698▲190% | 990 |
| 2019 | $1,182,769,304▼5.7% | $1,206,291,883▼5.0% | $8,762,420▼72.9% | $8,762,420▼72.9% | 990 |
| 2018 | $1,253,837,061▼2.3% | $1,269,399,996▼1.9% | $32,284,997▼32.5% | $32,284,997▼32.5% | 990 |
| 2017 | $1,283,135,263▼0.4% | $1,293,357,689▼2.7% | $47,847,932▼17.6% | $47,847,932▼17.6% | 990 |
| 2016 | $1,288,167,195▼8.7% | $1,329,623,073▼2.6% | $58,070,359▼41.7% | $58,070,359▼41.7% | 990 |
| 2015 | $1,411,648,048▲10.4% | $1,364,761,815▼5.0% | $99,526,237▲89.1% | $99,526,237▲89.1% | 990 |
| 2014 | $1,278,455,586▼8.5% | $1,435,886,407▼14.5% | $52,640,004▼74.9% | $52,640,004▼74.9% | 990 |
| 2013 | $1,397,612,929 | $1,679,092,086▲0.9% | $210,070,825▼57.3% | $210,070,825▼57.3% | 990 |
| 2012 | — | $1,664,201,885 | $491,549,982 | $491,549,982 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jpmorgan Chase Bank Na — $5,000 (0.00% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jpmorgan Chase Bank Na | Trustee | 0 | $5,000 |
Frequently asked questions
- Is Ibm Corp Medical & Dental Benefits Plan Tr P92435 a legitimate nonprofit?
- Yes. Ibm Corp Medical & Dental Benefits Plan Tr P92435 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-3017999, based in Brooklyn, New York.
- What is Ibm Corp Medical & Dental Benefits Plan Tr P92435's EIN?
- Ibm Corp Medical & Dental Benefits Plan Tr P92435's Employer Identification Number (EIN) is 13-3017999.
- How much revenue does Ibm Corp Medical & Dental Benefits Plan Tr P92435 report?
- Ibm Corp Medical & Dental Benefits Plan Tr P92435 reported $1,074,044,515 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ibm Corp Medical & Dental Benefits Plan Tr P92435's spending goes to programs?
- Ibm Corp Medical & Dental Benefits Plan Tr P92435 spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ibm Corp Medical & Dental Benefits Plan Tr P92435 have?
- CharityIndex grades Ibm Corp Medical & Dental Benefits Plan Tr P92435 C, based on program efficiency and fundraising cost.
- How much does Ibm Corp Medical & Dental Benefits Plan Tr P92435's highest-paid employee make?
- The highest reported compensation on Ibm Corp Medical & Dental Benefits Plan Tr P92435's latest Form 990 is $5,000, paid to Jpmorgan Chase Bank Na (Trustee).
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Data for Ibm Corp Medical & Dental Benefits Plan Tr P92435 (EIN 13-3017999) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.