Shell Medical Plan is located in Phoenix, AZ. The organization was established in 1981. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shell Medical Plan 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, Shell Medical Plan generated $509.5m 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 $524.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
PROVIDE CERTAIN HEALTH WELLNESS ACCIDENT, LIFE, DISABILITY, AND OTHER WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CERTAIN HEALTH WELLNESS ACCIDENT, LIFE, DISABILITY, AND OTHER WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee | 1 | $56,600 | |
Marvin E Odum President | Trustee | $0 | |
Julian Dalzell Senior VP | Trustee | $0 | |
William C Lowrey Senior VP | Trustee | $0 | |
T T Coles VP | Trustee | $0 | |
Cynthia A Deere VP Finance | Trustee | $0 |
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 | $509,515,363 |
Investment income | $26,953 |
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 | $509,542,348 |
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 | $507,648,362 |
Compensation of current officers, directors, key employees. | $56,600 |
Compensation of current officers, directors, key employees. | $56,600 |
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 | $188,538 |
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 | $16,869,874 |
Total functional expenses | $524,763,374 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,107 |
Savings and temporary cash investments | $59,817,504 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $59,819,611 |
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 | $59,819,611 |
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 | $59,819,611 |
Organization Name | Assets | Revenue |
---|---|---|
International Longshrmns & Warehsmn Union-Paci Mrtm Assoc Welfare Fund San Francisco, CA | $214,629,772 | $811,138,825 |
Teamsters Western Region And New Jersey Health Care Fund Phoenix, AZ | $2,785,434,314 | $1,104,803,734 |
United Food & Commercial Workers Unions & Food Employers Ben Fund Cypress, CA | $452,524,162 | $626,269,371 |
Ufcw & Employers Benefit Trust Fund Concord, CA | $525,821,847 | $559,658,551 |
Shell Medical Plan Phoenix, AZ | $59,819,611 | $509,542,348 |
Deseret Healthcare Employee Benefits Trust Salt Lake City, UT | $421,476,421 | $495,688,366 |
Carpenters Health And Welfare Trust Oakland, CA | $807,414,321 | $508,465,069 |
Sag-Aftra Health Fund Burbank, CA | $492,690,562 | $490,645,649 |
Laborers Health And Welfare Trust Fund For Northern California Pleasanton, CA | $444,442,259 | $419,401,531 |
Southwest Carpenters Health And Welfare Trust Los Angeles, CA | $651,095,092 | $444,803,961 |
Northern California General Teamsters Security Fund Stockton, CA | $557,118,545 | $415,457,679 |
Teamster Benefit Trust Fremont, CA | $647,016,311 | $360,030,062 |