Industrial Manufacturing Professional And Commercial Trust

Organization Overview

Industrial Manufacturing Professional And Commercial Trust is located in Lexington, KY. The organization was established in 1977. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industrial Manufacturing Professional And Commercial Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Industrial Manufacturing Professional And Commercial Trust generated $49.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $49.8m during the year ending 12/2021. While expenses have increased by 5.1% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVISION OF HEALTH AND WELFARE BENEFITS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF MEDICAL, DENTAL, ACCIDENTAL DEATH AND DISMEMBERMENT, AND GROUP LIFE FOR APPROXIMATELY 17,500 PARTICIPANTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Umr
Administration
$807,335
Anthem Blue Cross Blue Shield
Claims Admin.
$119,827
View All Vendors

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$49,366,988
Investment income $67,894
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $85,348
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,520,230

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