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Nonprofit · EIN 38-3038687

RETIREMENT HEALTH CARE ASSISTANCE MASTER TR

Tax-exempt · MIDLAND, MI 48674

Financials

$10.8M$26.7M2023$12M$24.6M2024
Revenue Expenses · by fiscal year end
Financials of RETIREMENT HEALTH CARE ASSISTANCE MASTER TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,017,858$24,571,184-$12,553,326$781,076,827$1,465,231$779,611,596
December 31, 2023990$10,791,134$26,719,014-$15,927,880$713,064,490$2,695,022$710,369,468
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$26,286
Investment income
$11,991,572
Net gain from sales of assets
$3,566,016
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$24,305,210
Compensation of officers, directors and key employees
$186,833
Salaries, compensation and benefits (total)
$186,833
Professional fundraising fees
$0
Legal fees
$79,141

Balance sheet and other

Total assets, start of year
$713,064,490
Total assets, end of year
$781,076,827
Total liabilities, end of year
$1,465,231
Net assets, end of year
$779,611,596
Gross receipts
$50,617,308
Employees
0
Year formed
1993
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NORTHERN TRUSTTRUSTEE
Institutional trustee
2$186,833
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
NORTHERN TRUSTTRUSTEE
Institutional trustee
2$46,870

Address and contacts

Address (IRS master file)
2211 HH DOW WAY, MIDLAND, MI 48674-0001
In care of
% MEGAN OLIVER
Principal officer (990 for 2024)
BRIAN B TESSIN, 2211 HH DOW WAY, MIDLAND, MI 48674
Signed the 990
BRIAN B TESSIN, CHIEF TAX OFFICER
Phone
(989) 636-1000
Return prepared by
BDO USA

Mission

RHCAP IS DESIGNED TO ASSIST EMPLOYEES TO ACCUMULATE MONEY FOR ELIGIBLE PREMIUMS IN A TAX-EFFECTIVE MANNER.

990 for the year ended December 31, 2024

Program accomplishments

  • RHCAP IS DESIGNED TO ASSIST EMPLOYEES TO ACCUMULATE MONEY FOR ELIGIBLE PREMIUMS IN A TAX-EFFECTIVE MANNER.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-3038687
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$781,076,827
Income (IRS master file)
$50,617,308

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,017,858$24,571,184$781,076,827IRS
990December 2023$10,791,134$26,719,014$713,064,490XML
990December 2022$68,008$22,822,697$627,539,056IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3038687).

Questions about RETIREMENT HEALTH CARE ASSISTANCE MASTER TR

What is the EIN of RETIREMENT HEALTH CARE ASSISTANCE MASTER TR?
The employer identification number (EIN) of RETIREMENT HEALTH CARE ASSISTANCE MASTER TR is 38-3038687.
Is RETIREMENT HEALTH CARE ASSISTANCE MASTER TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1992.
Are donations to RETIREMENT HEALTH CARE ASSISTANCE MASTER TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RETIREMENT HEALTH CARE ASSISTANCE MASTER TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RETIREMENT HEALTH CARE ASSISTANCE MASTER TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RETIREMENT HEALTH CARE ASSISTANCE MASTER TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RETIREMENT HEALTH CARE ASSISTANCE MASTER TR?
The 990 for the year ended December 31, 2024 names BRIAN B TESSIN.
Who are the officers and directors of RETIREMENT HEALTH CARE ASSISTANCE MASTER TR?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $186,833 (NORTHERN TRUST, TRUSTEE).
How much revenue does RETIREMENT HEALTH CARE ASSISTANCE MASTER TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,017,858, expenses of $24,571,184 and total assets of $781,076,827 at year end.

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