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Filing year 2024

MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES

Plano, Texas·EIN 37-1874621·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$36.7M
Total assets
$90.1M
Total expenses
$58.6M
Reported officers
1
Mission

THE PRIMARY EXEMPT PURPOSE OF THE TRUST IS TO PROVIDE MEDICAL AND LIFE BENEFITS TO ELIGIBLE HOURLY RETIREES IN ACCORDANCE WITH THE TERMS OF ALTRIA CLIENT SERVICES MEDICAL & LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES.

Reported officers (all unpaid)

No paid executives reported in 2024. MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES reported 1 unpaid officer or board member on its 990.

Trustee
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
0.1%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES reported revenue and expenses across 2 filing years.

RevenueExpenses
$41.5M
$67.1M
2023
$36.7M
$58.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn in Texas

MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization in Texas earns a median of $55,169.

25th percentile
$13k
Median
$55,169
75th percentile
$180k
90th percentile
$398k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 55 organizations across 55 filings (2023 – 2024).

See full Mutual & Membership Benefit pay data for Texas
FAQ

Common questions about MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES

What are MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES's revenue and expenses?

In 2024, MEDICAL AND LIFE BENEFITS PLAN TRUST FOR HOURLY RETIREES reported $36.7M in total revenue and $58.6M in total expenses on its IRS Form 990.

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