EIN 56-2096193

North Carolina Medical Society Employee Benefit Trust

Name: North Carolina Medical Society Employee Benefit Trust financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(9)

Num. employees

City

Raleigh

State

North Carolina

Year formed

1998

Most recent tax filings

2022-12-01

NTEE code, primary

Y20: Insurance Providers, Services

Description

The North Carolina Medical Society Employee Benefit Trust serves as a funding mechanism for a multiple employer welfare arrangement, offering health, dental, and life benefits to members of the North Carolina Medical Society, their employees, and dependents. Its mission is to provide North Carolina physicians with a straightforward and specifically customized value-added plan that meets both their practice and employees' needs. As the only statewide health benefits plan, it is located in Raleigh, NC.

Related structure

North Carolina Medical Society Employee Benefit Trust is a subordinate organization under North Carolina Medical Society.

Total revenues

$49,002,886

2022

Total expenses

$51,354,376

2022

Total assets

$33,134,903

2022

Num. employees

2022

Program areas at North Carolina Medical Society Employee Benefit Trust

The Trust provides health, dental, and life insurance benefits to eligible members of the North Carolina Medical Society and their employees.

Grants made by North Carolina Medical Society Employee Benefit Trust

Grantee	Grant description	Grant year	Amount
Hospice of the Piedmont	General Support	2022-12	$23,400
Catawba Valley Behavioral Healthcare (CVBH)	General Support	2022-12	$10,500

Personnel at North Carolina Medical Society Employee Benefit Trust

Name	Title	Compensation	Date of data
Kenneth A. Holt	Chairman	$2,000	2023-12-01
Richard R Bruch	Vice Chairman	$1,500	2019-12-31

Financials for North Carolina Medical Society Employee Benefit Trust

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$48,262,826	$53,407,476	-9.6%
Investment income and dividends	$650,831	$530,128	22.8%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$89,229	$-15,845	663.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$49,002,886	$53,921,759	-9.1%

Form 990s for North Carolina Medical Society Employee Benefit Trust

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-01	990	View PDF
2021-12	2022-11-07	990	View PDF
2020-12	2021-10-13	990	View PDF
2019-12	2021-06-24	990	View PDF
2018-12	2020-01-30	990	View PDF
...and 8 more Form 990s

Organizations like North Carolina Medical Society Employee Benefit Trust

Organization	Type	Location	Revenue
Washington Regional Medical System Welfare Benefit Plan	501(c)(9)	Fayetteville, AR	$21,788,422
Yale New Haven Health Services Corp Veba	501(c)(9)	Providence, RI	$214,136,286
BKD LLP Employee Healthcare Plan	501(c)(9)	Springfield, MO	$25,235,340
Western Oilfields Supply Company Medical and Dental Benefits Plan	501(c)(9)	Bakersfield, CA	$14,551,117
California Association of Professional Employees (CAPE)	501(c)(9)	Pasadena, CA	$122,437,305
Gallo Union Health Trust	501(c)(9)	Modesto, CA	$14,518,836
Railroad Employees National Dental Plan and Trust	501(c)(9)	Arlington, VA	$95,827,635
Johns Hopkins Univ Appl Phys Lab Med and Den Ins TRST	501(c)(9)	Pittsburgh, PA	$121,098,543
Dental Benefit Fund of the Electrical Industry	501(c)(9)	Flushing, NY	$39,965,624
The Erm Group Health and Welfare Trust	501(c)(9)	Malvern, PA	$29,217,705

Data update history

January 23, 2024

Updated personnel

Identified 1 new personnel

January 22, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 2, 2024

Used new vendors

Identified 1 new vendor, including

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 27, 2023

Posted financials

Added Form 990 for fiscal year 2020

Nonprofit Types

Fraternal societiesMutual assistance organizationsInsurance companiesChapter / child organizations

Issues

Health

Characteristics

MembershipsState / local levelNo full-time employees

General information

Address: 700 Spring Forest Rd 400; Raleigh, NC 27609
Metro area: Raleigh-Cary, NC
Website URL: ncmsplan.com/about-us/board-of-trustees/
Phone: (919) 878-7502

IRS details

EIN: 56-2096193
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1998
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y20: Insurance Providers, Services
NAICS code, primary: 525120: Health and Welfare Funds
Parent/child status: Subordinate organization

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North Carolina Medical Society Employee Benefit Trust

Program areas at North Carolina Medical Society Employee Benefit Trust

Grants made by North Carolina Medical Society Employee Benefit Trust

Personnel at North Carolina Medical Society Employee Benefit Trust

Financials for North Carolina Medical Society Employee Benefit Trust

Form 990s for North Carolina Medical Society Employee Benefit Trust

Organizations like North Carolina Medical Society Employee Benefit Trust

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