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 12/2023, Consolidated Associations Of Railroad Employees Health Care Tru employed 13 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 12/2023, Consolidated Associations Of Railroad Employees Health Care Tru generated $6.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 9 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
2023
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mac Fleming Director | Trustee | 1 | $0 |
Gary Marquart Director | Trustee | 1 | $0 |
Pw Tibbit Director | Trustee | 1 | $0 |
Shelly Cumby President/ceo | Officer | 40 | $174,189 |
Berenice Hensley Secretary | Officer | 40 | $68,400 |
Tracy Ross Treasurer | Officer | 40 | $124,847 |
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 | $5,860,457 |
Investment income | $667,078 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$99,058 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,428,478 |
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 | $4,611,706 |
Compensation of current officers, directors, key employees. | $367,436 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $617,290 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $161,351 |
Payroll taxes | $70,983 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,974 |
Fees for services: Accounting | $55,998 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $90,173 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $126,916 |
Information technology | $31,928 |
Royalties | $0 |
Occupancy | $89,785 |
Travel | $13,693 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $19,025 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,614 |
Insurance | $72,208 |
All other expenses | $15,097 |
Total functional expenses | $6,447,814 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,516,352 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $807,345 |
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 | $37,794 |
Net Land, buildings, and equipment | $100,947 |
Investments—publicly traded securities | $17,108,495 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,570,933 |
Accounts payable and accrued expenses | $938,407 |
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 | $129,341 |
Total liabilities | $1,067,748 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $18,503,185 |
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 | $19,570,933 |