Amica Retiree Medical TR

Lincoln, Rhode Island

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org23.11×
Peer Median10.70×
💰
$12.1M
Total Revenue
📊
$14.8M
Total Expenses
🏦
$342.9M
Net Assets
📋
$12.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-59.4%
Year-over-year change (2022 → 2023)
Net Margin
-22.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
23.11
Net assets divided by total expenses
Liabilities-to-Assets
3.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$12,126,62459%$14,839,53325%$355,834,9597%
2022$29,879,45453%$19,753,04427%$332,476,43720%
2021$63,699,828245%$27,127,499171%$417,421,9968%
2020$18,458,57434%$10,000,000$387,286,93112%
2019$27,837,91218%$10,000,000$345,412,66617%
2018$33,748,20442%$10,000,000$296,199,0102%
2017$23,845,54913%$10,000,000$303,282,24912%
2016$21,107,0324%$10,000,000$270,338,22411%
2015$21,940,641$10,000,000$244,017,5546%
2014$21,859,45314%$10,000,000100%$258,458,15513%
2013$19,200,61814%$5,000,00038%$228,694,63321%
2012$22,233,16812%$8,000,00020%$188,668,52316%
2011$19,928,18713%$10,000,000$163,117,9142%
2010$23,003,716$10,000,000$159,563,643

Frequently Asked Questions

What does Amica Retiree Medical TR do?

Amica Retiree Medical TR is a mutual & membership benefit nonprofit organization based in Rhode Island. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Amica Retiree Medical TR financially healthy?

Based on our 9-metric Financial Health Score model, Amica Retiree Medical TR has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Amica Retiree Medical TR generate?

Amica Retiree Medical TR reports $13.4M in annual revenue and holds $354.0M in total assets, based on IRS filings.

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