University Medical Associates Retiree Benefit Trust
Nonprofit profile at a glance
- EIN
- 806097315
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Charleston, SC, USA
- Phone
- 8438761357
- Rating confidence
- Limited
- Sector
- Voluntary Employees Beneficiary Associations (Non-Government)
Reported finances
- Revenue
- $561,910
- Expenses
- $876,582
- Assets
- $3,808,660
- Liabilities
- $372,122
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Highest reported compensation
- Wells Fargo NA (Trustee): $22,929 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The voluntary employment benefit association trust has been established to provide health and dental benefits to the retired former employees of university medical associates, carolina primary care physicians, pa, musc health partners, and carolina health management services in accordance with the plan provisions.
What it reported doing in 2024
Voluntary employee benefit association trust has been established to provide health and dental benefits to the retired former employees of university medical associates, carolina primary care physicians, pa, musc health partners, and carolina health management services in accordance with the plan provisions.
Operating model
- Revenue model
- Other-operating. 66% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 88
- Sustainability: 37
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -56%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 4.34; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.6% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 1 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $740K in reported program spending
- Leadership: top reported pay $23K · 1 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.