Marine Biological Laboratory Port-Retirement Medical Care Fund
- Assets
- $4.6m
- Revenue
- $188.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Woods Hole, MA
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 04-3285249
Organization Overview
Marine Biological Laboratory Port-Retirement Medical Care Fund is located in Woods Hole, MA. The organization was established in 1995. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Biological Laboratory Port-Retirement Medical Care Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Marine Biological Laboratory Port-Retirement Medical Care Fund generated $188.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $85.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING POST-RETIREMENT MEDICAL BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING POST-RETIREMENT MEDICAL BENEFITS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Record Keeping | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,251 |
| Investment income | $110,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $78,251 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,102 |
| Total functional expenses | $85,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,269 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,415,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,614,262 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $4,614,262 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,614,262 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marine Biological Laboratory Port-Retirement Medical Care Fund has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
American Society For Reproductive Medicine Birmingham, AL PURPOSE: ADVANCEMENT OF THE ART, SCIENCE,& PRACTICE OF REPRODUCTIVE MEDICINE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vna Care Network Inc Worcester, MA | $53,895,058 | $9,740,895 |
St Francis Research And Educational Corporation Roslyn, NY | $9,987,779 | $6,062,261 |
Cheshire Health Foundation Keene, NH | $78,781,807 | $12,306,567 |
New York City Retirees Health & Welfare Fund Lynbrook, NY | $40,321,331 | $11,937,808 |
Integrinurse Inc Pittsfield, MA | $570,096 | $8,159,741 |
Agma Health Fund New York, NY | $16,660,760 | $8,070,955 |
Baystate Health Foundation Inc Springfield, MA | $162,504,462 | $11,066,135 |
Bridgeport Hospital Foundation Inc Bridgeport, CT | $101,482,043 | $9,027,392 |
Trust Agreement For The Post- Retirement Medical Plan For Non- Orange, CT | $164,430 | $1,403,057 |
Community Drive Surgery Pc Westbury, NY | $144,786 | $5,601,028 |
Rochester Area Cons And Materials Teamsters Health & Welfare Fund Rochester, NY | $6,967,652 | $6,814,801 |
Sheet Metal Workers Health Fund Rochester, NY | $9,329,106 | $8,170,051 |