Macomb C U School Dist No 185 Health & Life Insurance Program

Organization Overview

Macomb C U School Dist No 185 Health & Life Insurance Program, operating under the name Self Insured Health Plan, is located in Macomb, IL. The organization was established in 1983. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Self Insured Health Plan employed 416 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Self Insured Health Plan is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2022, Self Insured Health Plan generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 9.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SCHOOL DISTRICT SELF-INSURED MEDICAL TRUST

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL TRUST FUND USED TO PAY MEDICAL CLAIMS FOR SCHOOL DISTRICT EMPLOYEES.


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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$0
Investment income $426
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,485,570

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