Pfizer Retiree Medical Plan
501(c)(9)
100% goes to programs Strong reserves Declining revenue
Pfizer Retiree Medical Plan is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 1993, with $15,940,998 in FY2024 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
500 1st Ave, Pittsburgh, PA, 15219 EIN 13-6988286 Since 1993
Revenue (FY2024)
$15.9M
▲ 73.7% vs prior year
Expenses (FY2024)
$5.1M
Net assets
$754.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Pfizer Retiree Medical Plan: 100% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating1778 mo reserves · +68% 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 Pfizer Retiree Medical Plan: 1778 mo reserves · +68% margin earns a B+ on this criterion. See the exact thresholds →
CGovernance25% of the rating2 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 Pfizer Retiree Medical Plan: 2 of 6 checks met earns a C 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 Pfizer Retiree Medical Plan: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support the pfizer retiree medical plan
Contact & location
- Address
- 500 1st Ave, Pittsburgh, PA, 15219
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $60.6M (FY2019) to $15.9M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $754.3M
Operating margin
68.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$754.3M
Total liabilities
$0
Net assets
$754.3M
Salaries & benefits
$19K
0% of expenses
Board members
1
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,940,998▲73.7% | $5,090,337▼87.2% | $754,298,487▲23.7% | $754,298,487▲23.7% | 990 |
| 2023 | $9,176,355▼53.4% | $39,835,687 | $610,004,630▲0.8% | $610,004,630▲0.8% | 990 |
| 2022 | $19,702,783▼76.9% | $0▼100% | $605,016,743▼9.6% | $605,016,743▼9.6% | 990 |
| 2021 | $85,415,500▲6.8% | $4,993,863▲35.0% | $669,336,048▲13.7% | $669,336,048▲13.7% | 990 |
| 2020 | $79,980,452▲32.1% | $3,698,149▲29.4% | $588,914,581▲14.9% | $588,914,581▲14.9% | 990 |
| 2019 | $60,558,886 | $2,857,774 | $512,632,278 | $512,632,278 | 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: Pnc Bank Na — $18,750 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Pnc Bank Na | Trustee | 3 | $18,750 |
Frequently asked questions
- Is Pfizer Retiree Medical Plan a legitimate nonprofit?
- Yes. Pfizer Retiree Medical Plan is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-6988286, based in Pittsburgh, Pennsylvania.
- What is Pfizer Retiree Medical Plan's EIN?
- Pfizer Retiree Medical Plan's Employer Identification Number (EIN) is 13-6988286.
- How much revenue does Pfizer Retiree Medical Plan report?
- Pfizer Retiree Medical Plan reported $15,940,998 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Pfizer Retiree Medical Plan's spending goes to programs?
- Pfizer Retiree Medical Plan spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pfizer Retiree Medical Plan have?
- CharityIndex grades Pfizer Retiree Medical Plan B, based on program efficiency and fundraising cost.
- How much does Pfizer Retiree Medical Plan's highest-paid employee make?
- The highest reported compensation on Pfizer Retiree Medical Plan's latest Form 990 is $18,750, paid to Pnc Bank Na (Trustee).
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Data for Pfizer Retiree Medical Plan (EIN 13-6988286) 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.