Tml Multistate Intergovernmental Employee Benefits FY2020 filing

IRS exemption revoked

Austin, TXMutual-benefit / member-servingSince 2014Mutual/Membership EIN 46-3158991Revenue $203.1M in FY2020

On file with the IRStxhb.govPo Box 140526, 78714-0526 · Austin, TXTax-exempt since Nov 2013

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TML Multistate IEBP (TX Health) provides and administers health benefits for approximately 22,000 public employees and their dependents (employed by local governments). Our mission is to provide high quality, high value services for employees and dependents of local governments in the State of Texas, to include some of the following types of employers: cities, special districts; MUD, Hospital etc., housing authorities, COGS, and school districts.

$896K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $226K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$896K
to officers and key staff · 0.5% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $98.3M in investments, Pt X · Ln 11–13
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$42.8M
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$203.1M
Spent
$189.5M
To programs
0%
Net assets
$85.1M
By yearFY2020–FY2025
Revenue
$203.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$203.1M
FY2021$212.6M
FY2022$207.7M
FY2023$281.2M
FY2024$229.1M
FY2025$209.0M
Expenses
$189.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$189.5M
FY2021$219.4M
FY2022$250.5M
FY2023$291.9M
FY2024$196.4M
FY2025$193.6M
Net assets
$85.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$85.1M
FY2021$74.5M
FY2022$32.3M
FY2023$21.7M
FY2024$57.9M
FY2025$75.2M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on February 15, 2016
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2025. IRS ruling in Nov 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990; $896K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$236,649Pt VII · Sec A
Chief Financial Officer
$172,254Pt VII · Sec A
Chief Information Officer
$171,377Pt VII · Sec A
Deputy Director
$167,328Pt VII · Sec A
General Counsel
$148,700Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Hoff’s $325K as Executive Director is at the 63rd percentile of top reported officer pay among 51 $100M+ mutual/membership nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jennifer Hoff$325,160$321,668$302,446$295,420$252,756$236,649
Leah Simon——$325,158$184,916$147,057$148,700
Edward Esquivel$248,694$244,218$227,888$224,900$184,431$167,328
Jerry Greer$247,976$236,238$223,347$212,079$179,347$172,254
Ramona Bicocco$244,903—————
Ramona Gamble—$238,973$225,757$217,055$177,842$171,377
Joseph Malinowski$205,056$215,911————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Administer healthcare and benefits for local government employees.

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Provided by the organization

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2 programs · $189.5M · in their own filed words · FY2019
01

TMLIEBP provides and administers health benefits for approximately 30,000 public employees and their dependents. Our mission is to provide high quality, high value services for employees of local governments in the State of Texas, to include some of the following types of employers: cities, special districts; MUD, Hospital etc., housing…

$189.5Mprogram expense
02

Provide healthcare and health benefits administration to employees of local governments.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$203.1M
Ln 12
Fees for servicesLn 2g$195.2M
Investment incomeLn 3$7.7M
Other incomeLn 4–11$255K
Money outPt IX
$189.5M
Ln 25
Owns and owesPt X
$85.1M
net assets · Ln 32
Cash and savingsLn 1–2$22.3M
Total assetsLn 16$127.9M
LiabilitiesLn 26$42.8M
PeoplePt VI, VII
6
listed · VII A
PaidVII A5
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$195.2M
Investment incomeLn 3$7.7M
Other incomeLn 4–11$255K
Gains on assetsLn 7$2.4M
Total revenueLn 12$203.1M
Assets in detailPt X, end of year
CashLn 1$200
SavingsLn 2$22.3M
Cash and savings togetherLn 1–2$22.3M
InvestmentsLn 11–13$98.3M
Land, buildings, equipmentLn 10c$3.5M
Other assetsLn 15$889K
Total assetsLn 16$127.9M
LiabilitiesLn 26$42.8M
Net assetsLn 32$85.1M
OperationsPt I, VI
EmployeesI 5119
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$18.9M$22.3M
InvestmentsLn 11–13$89.4M$98.3M
Land, buildings, equipmentLn 10c$3.1M$3.5M
Total assetsLn 16$119.6M$127.9M
LiabilitiesLn 26$40.3M$42.8M
Net assetsLn 32$79.3M$85.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$168.3M
Pay of current officers, directors and key staffLn 5$792K
Other salaries and wagesLn 7$10.0M
Pension plan contributionsLn 8$944K
Other employee benefitsLn 9$1.5M
Payroll taxesLn 10$154K
Management feesLn 11a$301K
Legal feesLn 11b$74K
Investment management feesLn 11f$321K
Other fees for servicesLn 11g$2.9M
Advertising and promotionLn 12$294K
Office expensesLn 13$480K
Information technologyLn 14$1.4M
OccupancyLn 16$302K
TravelLn 17$155K
Conferences, conventions and meetingsLn 19$494K
InterestLn 20$82K
Payments to affiliatesLn 21$324K
Depreciation, depletion and amortizationLn 22$421K
InsuranceLn 23$219K
Other expenses (24a–d)Ln 24$70K
Total functional expensesLn 25$189.5M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $209.0M$193.6M$15.4M$75.2M 990 PDF
FY2024 $229.1M$196.4M$32.8M$57.9M 990 PDF
FY2023 $281.2M$291.9M−$10.7M$21.7M 990 PDF
FY2022 $207.7M$250.5M−$42.8M$32.3M 990 PDF
FY2021 $212.6M$219.4M−$6.9M$74.5M 990 PDF
FY2020 Viewing $203.1M$189.5M$13.6M$85.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $203,095,201 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $198,786,025$195,151,602
I-10 Investment incomePrior year $5,312,407$7,688,935
I-11 Other revenuePrior year $287,333$254,664
I-12 Total revenuePrior year $204,385,765$203,095,201
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $168,864,687$168,261,156
I-15 Salaries and benefitsPrior year $14,761,593$13,378,574
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,255,785$7,877,992
I-18 Total expensesPrior year $191,882,065$189,517,722
I-19 Revenue less expensesPrior year $12,503,700$13,577,479
Part VI · Governance 21 of 21 board members independent, 1 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $203,095,201 across 16 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $195,151,602 · Unrelated business $0 · Excluded from tax $0$195,151,602
VIII-3 Investment incomeRelated to mission $5,317,203 · Unrelated business $0 · Excluded from tax $0$5,317,203
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $229,581 · Unrelated business $0 · Excluded from tax $0$229,581
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,371,732 · Unrelated business $0 · Excluded from tax $0$2,371,732
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $25,083 · Unrelated business $0 · Excluded from tax $0$25,083
VIII-12 Total revenueRelated to mission $203,095,201 · Unrelated business $0 · Excluded from tax $0$203,095,201
Part IX · Statement of functional expenses $189,517,722 across 24 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$168,261,156
IX-5 Pay of current officers, directors and key staff$792,204
IX-7 Other salaries and wages$9,999,112
IX-8 Pension plan contributions$943,703
IX-9 Other employee benefits$1,489,386
IX-10 Payroll taxes$154,169
IX-11a Management fees$300,606
IX-11b Legal fees$74,373
IX-11f Investment management fees$321,319
IX-11g Other fees for services$2,912,008
IX-12 Advertising and promotion$293,514
IX-13 Office expenses$479,507
IX-14 Information technology$1,429,180
IX-16 Occupancy$302,047
IX-17 Travel$154,985
IX-19 Conferences, conventions and meetings$494,350
IX-20 Interest$82,315
IX-21 Payments to affiliates$323,584
IX-22 Depreciation, depletion and amortization$421,182
IX-23 Insurance$218,628
IX-24 Other expenses (24a–d)$70,394
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$189,517,722
Part X · Balance sheet $127,930,245 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $200$200
X-2 Savings and temporary cash investmentsStart of year $18,928,229$22,252,622
X-4 Accounts receivableStart of year $2,231,484$2,037,973
X-9 Prepaid expenses and deferred chargesStart of year $2,558,547$919,114
X-10c Land, buildings and equipment, netStart of year $3,076,778$3,533,224
X-11 Publicly traded securitiesStart of year $89,402,457$98,298,179
X-15 Other assetsStart of year $3,448,408$888,933
X-16 Total assetsStart of year $119,646,103$127,930,245
X-17 Accounts payable and accrued expensesStart of year $17,257,296$21,037,386
X-25 Other liabilitiesStart of year $23,063,929$21,773,988
X-26 Total liabilitiesStart of year $40,321,225$42,811,374
X-27 Net assets without donor restrictionsStart of year $48,415,603$51,704,756
X-28 Net assets with donor restrictionsStart of year $30,909,275$33,414,115
X-32 Total net assets or fund balancesStart of year $79,324,878$85,118,871
X-33 Total liabilities and net assetsStart of year $119,646,103$127,930,245
Part XI · Reconciliation of net assets $85,118,871 net assets at year end
XI-1 Total revenue$203,095,201
XI-2 Total expenses$189,517,722
XI-3 Revenue less expenses$13,577,479
XI-4 Net assets at start of year$79,324,878
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$7,783,486
XI-10 Net assets at end of year$85,118,871

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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