Mcii Benefit Plans Trust

Organization Overview

Mcii Benefit Plans Trust is located in Des Plaines, IL. The organization was established in 1995. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. Mcii Benefit Plans Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2020, Mcii Benefit Plans Trust generated $6.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUSTEE SHALL, FROM TIME TO TIME AT THE PLAN ADMINISTRATOR'S DIRECTIONS, MAKE PAYMENTS OUT OF THE TRUST FUND TO THE CLAIMS ADMINISTRATOR OR INSURANCE COMPANY OR COVERED EMPLOYEE OR DEPENDENTS IN SUCH AMOUNT AND FOR SUCH PURPOSES AS MAY BE SPECIFIED AT THE PLAN ADMINISTRATOR'S DIRECTION. AT THE END OF 2020, THE PLAN HAD SERVED A TOTAL OF 462 PARTICIPANTS DURING THE YEAR.


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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$6,361,748
Investment income $0
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 $6,361,748

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