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Nonprofit · EIN 85-6586606

INDEPENDENT CARE HEALTH BENEFIT TR

Also known as CHRISTOPHER WOODFIN TTEE

Tax-exempt · GARNER, NC 27529

Financials

$8.6M$8.3M2022$8.5M$9.7M2023$9.4M$10.8M2024$14.5M$11.4M2025
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT CARE HEALTH BENEFIT TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$14,500,643$11,418,136$3,082,507$1,937,016$1,087,816$849,200
December 31, 2024990$9,417,326$10,761,231-$1,343,905$3,900,973$6,134,280-$2,233,307
December 31, 2023990$8,536,680$9,714,348-$1,177,668$4,550,644$5,440,046-$889,402
December 31, 2022990$8,591,721$8,296,196$295,525$4,657,865$4,362,340$295,525
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,722,608
Investment income
$91,073
Other revenue
$4,686,962

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$10,275,845
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,000

Balance sheet and other

Total assets, start of year
$3,900,973
Total assets, end of year
$1,937,016
Total liabilities, end of year
$1,087,816
Net assets, end of year
$849,200
Gross unrelated business income
$91,073
Gross receipts
$14,500,643
Employees
0
Volunteers
1
Year formed
2021
State of legal domicile
NC

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RONALD SMITHEXECUTIVE BUSINESS ADVISOR
Officer
20$0$549,899$33,337
COLIN FELMETTRUSTEE
Trustee or director
0.5$0$339,284$52,336
CONRAD FLICKTRUSTEE
Trustee or director
0.5$0$121,560$0
L ALLEN DOBSON JRTRUSTEE
Trustee or director
0.5$0$72,000$0
JOSEPH MOOSETRUSTEE
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RONALD SMITHEXECUTIVE BUSINESS ADVISOR
Officer
20$0$537,109$31,793
COLIN FELMETTRUSTEE FROM 4/20/2024
Trustee or director
0.5$0$307,611$48,466
CHRISTOPHER WOODFINTRUSTEE TO 4/19/2024
Trustee or director
0.5$0$317,863$17,468
CONRAD FLICKTRUSTEE
Trustee or director
0.5$0$120,430$0
L ALLEN DOBSON JRTRUSTEE
Trustee or director
0.5$0$72,000$0
JOSEPH MOOSETRUSTEE
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHRISTOPHER WOODFINTRUSTEE
Trustee or director
0.5$0$595,189$674,656
RONALD SMITHEXECUTIVE BUSINESS ADVISOR
Officer
30$0$535,240$16,882
CONRAD FLICKTRUSTEE
Trustee or director
0.5$0$108,000$0
L ALLEN DOBSON JRTRUSTEE
Trustee or director
0.5$0$0$0
JOSEPH MOOSETRUSTEE
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHRISTOPHER WOODFINTRUSTEE
Trustee or director
0.5$0$522,463$40,930
CONRAD FLICKTRUSTEE
Trustee or director
0.5$0$108,000$0
L ALLEN DOBSON JRTRUSTEE
Trustee or director
0.5$0$0$0
JOSEPH MOOSETRUSTEE
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
110 DONMOOR CT, GARNER, NC 27529-2500
Mailing address (990-N for 2021)
1255 CRESCENT GREEN DR 200, CARY NC 27518
Principal officer (990 for 2025)
COLIN FELMET, 110 DONMOOR COURT, GARNER, NC 27529
Principal officer (990-N for 2021)
CHRISTOPHER C WOODFIN, 1255 CRESCENT GREEN DR 200, CARY NC 27518
Signed the 990
COLIN FELMET, CHAIR OF THE BOARD OF TRUSTEES
Phone
(855) 446-3227
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

THE ORGANIZATION IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) WHICH PROVIDES MEDICAL AND PRESCRIPTION DRUG BENEFITS FOR ITS MEMBERS AND THEIR DEPENDENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • ALL FUNDS ARE USED FOR THE PURPOSE OF PROVIDING BENEFITS TO MEMBERS AND THEIR DEPENDENTS.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-6586606
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,937,016
Income (IRS master file)
$14,500,643

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$14,500,643$11,418,136$1,937,016XML
990December 2024$9,417,326$10,761,231$3,900,973IRS
990December 2023$8,536,680$9,714,348$4,550,644XML
990December 2022$8,591,721$8,296,196$4,657,865XML
990-N for 2021
Officer: CHRISTOPHER C WOODFIN
December 31, 2021≤ $50,000 receipts––e-Postcard

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 85-6586606).

Questions about INDEPENDENT CARE HEALTH BENEFIT TR

What is the EIN of INDEPENDENT CARE HEALTH BENEFIT TR?
The employer identification number (EIN) of INDEPENDENT CARE HEALTH BENEFIT TR is 85-6586606.
Is INDEPENDENT CARE HEALTH BENEFIT TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2024.
Are donations to INDEPENDENT CARE HEALTH BENEFIT TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDEPENDENT CARE HEALTH BENEFIT TR 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 INDEPENDENT CARE HEALTH BENEFIT TR due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPENDENT CARE HEALTH BENEFIT TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of INDEPENDENT CARE HEALTH BENEFIT TR?
The 990 for the year ended December 31, 2025 names COLIN FELMET.
Who are the officers and directors of INDEPENDENT CARE HEALTH BENEFIT TR?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does INDEPENDENT CARE HEALTH BENEFIT TR have?
On its 990 for the year ended December 31, 2025 it reported revenue of $14,500,643, expenses of $11,418,136 and total assets of $1,937,016 at year end.

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