Madison Gas & Electric Company Health Benefit Trust
Only null% goes to programs Strong reserves Growing revenue
Madison Gas & Electric Company Health Benefit Trust is a 501(c)(9) organization based in Madison, Wisconsin, registered in 2006, with $812,882 in FY2023 revenue. CharityIndex grades it C+.
Po Box 1231, Madison, WI, 53701 EIN 39-1729857 Since 2006
Revenue (FY2023)
$813K
▲ 62.3% vs prior year
Membership median: $185K
Expenses (FY2023)
$540K
Net assets
$4.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Madison Gas & Electric Company Health Benefit Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating99 mo reserves · +34% 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 Madison Gas & Electric Company Health Benefit Trust: 99 mo reserves · +34% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Madison Gas & Electric Company Health Benefit Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Madison Gas & Electric Company Health Benefit Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1231, Madison, WI, 53701
- City
- Madison
- State
- Wisconsin
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue grew from $1,652 (FY2013) to $813K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.5M
Operating margin
33.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$0
Net assets
$4.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $812,882▲62.3% | $539,889▼5.3% | $4,452,059▲11.6% | $4,452,059▲11.6% | 990 |
| 2022 | $500,821▲22.3% | $569,926▼26.5% | $3,991,001▲1.3% | $3,991,001▲1.3% | 990 |
| 2021 | $409,606▲6.7% | $774,998▲30.8% | $3,941,454▼11.9% | $3,941,454▼11.9% | 990 |
| 2020 | $383,740▼27.9% | $592,406▲2.4% | $4,472,960▲1.1% | $4,472,960▲1.1% | 990 |
| 2019 | $532,065▲51.3% | $578,603▲5.7% | $4,424,465▼0.6% | $4,424,465▼5.1% | 990 |
| 2018 | $351,619▼4.1% | $547,235▼11.2% | $4,449,983▼3.5% | $4,660,627▼1.7% | 990 |
| 2017 | $366,763▼1.9% | $616,004▲5.6% | $4,611,123▼4.1% | $4,741,847▼4.0% | 990 |
| 2016 | $373,754▼42.9% | $583,377▲0.2% | $4,809,365▼2.9% | $4,940,361▼2.8% | 990 |
| 2015 | $654,333▲523% | $582,004▼4.7% | $4,952,569▲1.9% | $5,084,167▲1.8% | 990 |
| 2014 | $105,059▲6260% | $610,684▲5.0% | $4,861,352▼9.4% | $4,994,725▼11.3% | 990 |
| 2013 | $1,652 | $581,614▼28.1% | $5,366,977▼9.8% | $5,631,497▼7.3% | 990 |
| 2012 | — | $808,533▲3378% | $5,946,939▲66.8% | $6,076,198▲70.5% | 990 |
| 2011 | — | $23,244▼94.2% | $3,564,269▲11.8% | $3,564,269▲11.8% | 990 |
| 2010 | — | $400,167▼14.2% | $3,188,287▼0.7% | $3,188,287▼0.7% | 990 |
| 2009 | — | $466,226 | $3,210,778 | $3,210,778 | 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.
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Compare Madison Gas & Electric Company Health Benefit Trust
Frequently asked questions
- Is Madison Gas & Electric Company Health Benefit Trust a legitimate nonprofit?
- Yes. Madison Gas & Electric Company Health Benefit Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 39-1729857, based in Madison, Wisconsin.
- What is Madison Gas & Electric Company Health Benefit Trust's EIN?
- Madison Gas & Electric Company Health Benefit Trust's Employer Identification Number (EIN) is 39-1729857.
- How much revenue does Madison Gas & Electric Company Health Benefit Trust report?
- Madison Gas & Electric Company Health Benefit Trust reported $812,882 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Madison Gas & Electric Company Health Benefit Trust have?
- CharityIndex grades Madison Gas & Electric Company Health Benefit Trust C+, based on financial health (reserves and operating margin).
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Data for Madison Gas & Electric Company Health Benefit Trust (EIN 39-1729857) 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.