Schlumberger Master Health Care Trust

Schlumberger Master Health Care Trust Overview

Schlumberger Master Health Care Trust is located in Houston, TX. The organization was established in 1984. 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.

For the year ending 12/2019, Schlumberger Master Health Care Trust generated $402.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $403.1m during the year ending 12/2019. While expenses have increased by 0.4% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING HEALTH AND WELFARE BENEFITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING HEALTH AND WELFARE BENEFITS.


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Schlumberger Master Health Care Trust Vendors

Vendor Name (Service)Compensation
Towers Watson
Acct/actuarial Svcs
$174,125
Nisa Investment Advisors Llc
Investment Mgt Svcs
$899,117
Sibson Consulting
Consulting Svcs
$267,000
Tad Taylor And Mcdermott Law
Legal Svcs
$130,000
Trustlink
Accounting Svcs
$1,345,000
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$386,169,931
Investment income $16,010,422
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $139,063
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $402,319,416

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