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Nonprofit · EIN 26-2361571

TSYS MEDICAL BENEFITS TRUST

Tax-exempt · ALPHARETTA, GA 30005

Financials

$17K$3.5M2023
Revenue Expenses · by fiscal year end
Financials of TSYS MEDICAL BENEFITS TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2023990$16,598$3,476,254-$3,459,656$0$0$0
Financial details: 990 for the year ended August 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$16,598
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$3,468,028
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$3,459,656
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross unrelated business income
$16,598
Gross receipts
$16,598
Employees
0
Volunteers
0
Year formed
2008
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
SYNOVUS TRUST COMPANY NATRUSTEE
Institutional trustee
40$0

Address and contacts

Address (IRS master file)
5995 WINDWARD PKWY STE 200, ALPHARETTA, GA 30005-4802
In care of
% HEALTH VEBA COMMITTEE
Principal officer (990 for 2023)
KELLEY TORPEY, 5995 WINDWARD PARKWAY 200, ALPHARETTA, GA 30005
Signed the 990
KELLEY TORPEY, VICE PRESIDENT, GLOBAL BENEFITS
Phone
(770) 829-8000
Return prepared by
WARREN AVERETT LLC

Mission

THE PURPOSE OF THE TSYS MEDICAL BENEFIT TRUST IS TO RECEIVE MONEY AND OTHER PROPERTY AND TO HOLD, INVEST, REINVEST, MANAGE, AND DISTRIBUTE SUCH ASSETS AND THE INCOME AND EARNINGS OF THESE ASSETS NECESSARY TO CONTINUED ON SCHEDULE OFUND PROGRAMS AND PLANS WHICH PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES, RETIREES, AND THEIR ELIGIBLE DEPENDENTS OF TSYS AND ITS AFFILIATES.

990 for the year ended August 31, 2023

Program accomplishments

  • DURING THE YEAR THE TRUST PAID OUT ALL ASSETS IN THE FORM OF MEDICAL PAYMENTS TO PARTICIPANTS IN THE AMOUNT OF $3,468,028.
    Expenses $3,468,028

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025Not on file

IRS record

EIN
26-2361571
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2009
Accounting year ends
August
Files
Form 990 or 990-EZ
Income (IRS master file)
$16,598

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2023$16,598$3,476,254$0XML
990December 2022$2,122,906$2,803,691$3,459,656IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990December 2016–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2361571).

Questions about TSYS MEDICAL BENEFITS TRUST

What is the EIN of TSYS MEDICAL BENEFITS TRUST?
The employer identification number (EIN) of TSYS MEDICAL BENEFITS TRUST is 26-2361571.
Is TSYS MEDICAL BENEFITS TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2009.
Are donations to TSYS MEDICAL BENEFITS TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TSYS MEDICAL BENEFITS TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TSYS MEDICAL BENEFITS TRUST due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TSYS MEDICAL BENEFITS TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2023.
Who is the principal officer of TSYS MEDICAL BENEFITS TRUST?
The 990 for the year ended August 31, 2023 names KELLEY TORPEY.
Who are the officers and directors of TSYS MEDICAL BENEFITS TRUST?
The 990 for the year ended August 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does TSYS MEDICAL BENEFITS TRUST have?
On its 990 for the year ended August 31, 2023 it reported revenue of $16,598, expenses of $3,476,254 and total assets of $0 at year end.

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