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Education · 2023 Form 990

University Medical Service Association Inc: $370.1M Revenue, $375.3M Expenses

Tampa, Florida · EIN 237313346 · Filing year 2023

University Medical Service Association Inc reported $370.1M in total revenue, $375.3M in total expenses, and $218.8M in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: B (71/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
71/100

Key Facts (2023 Form 990)

Total Revenue
$370.1M
Total Expenses
$375.3M
Total Assets
$218.8M
Reserve Months
7.0 months
Surplus / (Deficit)
$-5,142,897
EIN
237313346
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

The efficiency rubric puts University Medical Service Association Inc at a B grade: a composite of 71/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Annual revenue at University Medical Service Association Inc runs $370.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the reserves factor, University Medical Service Association Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, University Medical Service Association Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$370.1M
Revenue
$375.3M
Expenses
$218.8M
Total Assets
N/A
Officer Compensation

How University Medical Service Association Inc Compares

University Medical Service Association Inc earns a NonprofitTruth efficiency grade of B (71/100). That is 7 points above the Education category average. The organization holds 7.0 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$375.3M
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
7.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, University Medical Service Association Inc reported $370.1M in revenue against $375.3M in total functional expenses for filing year 2023, holding roughly 7.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

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University Medical Service Association Inc has a NonprofitTruth Efficiency Score of B (71/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

University Medical Service Association Inc, Donor FAQ

University Medical Service Association Inc has a NonprofitTruth Efficiency Score of B (71/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for University Medical Service Association Inc is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

University Medical Service Association Inc reported $370.1M in annual revenue and $375.3M in total expenses for filing year 2023. The organization holds $218.8M in total assets.

University Medical Service Association Inc holds approximately 7.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

University Medical Service Association Inc is a registered 501(c) organization with EIN 237313346, based in Tampa, Florida. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.