Consolidated Associations Of Railroad Employees Health Care Tru
- Assets
- $22.3m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Temple, TX
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 75-6493465
Organization Overview
Consolidated Associations Of Railroad Employees Health Care Tru is located in Temple, TX. The organization was established in 1997. 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. As of 12/2021, Consolidated Associations Of Railroad Employees Health Care Tru employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Consolidated Associations Of Railroad Employees Health Care Tru 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, Consolidated Associations Of Railroad Employees Health Care Tru generated $8.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.4%) 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
HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT AND OUTPATIENT HEALTHCARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Cumby President/ceo | Officer | 40 | $156,044 |
Tracy Ross Treasurer | Officer | 40 | $117,295 |
Debora Mccoy Secretary | Officer | 40 | $63,627 |
Mac Fleming Director | Trustee | 1 | $0 |
Harvey N Smith Director | Trustee | 1 | $0 |
Pw Tibbit Director | Trustee | 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 | $6,929,870 |
| Investment income | $542,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $759,214 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,231,300 |
| 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 | $4,650,341 |
| Compensation of current officers, directors, key employees. | $336,966 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $731,127 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $162,328 |
| Payroll taxes | $77,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,865 |
| Fees for services: Accounting | $49,344 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $80,569 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $119,773 |
| Information technology | $39,012 |
| Royalties | $0 |
| Occupancy | $74,304 |
| Travel | $250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,534 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,343 |
| Insurance | $65,016 |
| All other expenses | $11,482 |
| Total functional expenses | $6,505,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $3,561,983 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $708,448 |
| 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 | $673,959 |
| Net Land, buildings, and equipment | $115,735 |
| Investments—publicly traded securities | $17,279,440 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,339,568 |
| Accounts payable and accrued expenses | $1,068,136 |
| 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 | $799,622 |
| Total liabilities | $1,867,758 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $20,471,810 |
| 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 | $22,339,568 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usaa Employee Benefit Association Medical Acctive Lives Trust San Antonio, TX | $1,542,084 | $18,530,439 |
Plumbers Welfare Fund-68 Houston, TX | $14,578,428 | $15,954,972 |
Bancfirst Corporation Employees Benefit Trust Oklahoma City, OK | $5,938,053 | $16,220,093 |
Plumbers And Pipefitters Local Union No 286 Health And Welfare Fu Albuquerque, NM | $14,092,703 | $21,020,682 |
Cn Enterprises Health Plan Tr Ada, OK | $2,643,128 | $14,907,101 |
Osma Health-Health Plans Oklahoma City, OK | $11,959,151 | $14,551,429 |
New Mexico Pipe Trades Health & Welfare Trust Fund Albuquerque, NM | $23,417,220 | $13,476,127 |
Plumbers And Steamfitters Local 100 Health And Welfare Fund Richardson, TX | $0 | $13,849,228 |
American Airlines Inc Long Term Disability Plan DFW Airport, TX | $247,759,268 | $32,968,121 |
Texas Gas Employee Welfare Benefits Trust Houston, TX | $92,852,122 | $13,807,932 |
Plumbers & Pipefitters 344 Health & Welfare Trust Fund Oklahoma City, OK | $14,426,568 | $12,697,086 |
Ti Employees Health Benefit Trust No 6 Dallas, TX | $0 | $9,656 |