Mission
THE PRIMARY PURPOSE OF THE TRUST IS TO REIMBURSE ELIGIBLE RETIREES FOR A PORTION OR ALL OF THEIR COSTS FOR INSURANCE PREMIUMS OR MEDICAL EXPENSES INCURRED BY RETIREES AND THEIR BENEFICIARIES.
Public Charity
PORAC Retiree Medical Trust
Based in Los Angeles, CA, PORAC Retiree Medical Trust operates as a Public Charity. The organization reported $29.3M in revenue, $4.2M in expenses, $167.8M in total assets for fiscal year 2025.
EIN: 806049077
Los Angeles, CA
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2025
Total Revenue$29.3M
Total Expenses$4.2M
Total Assets$167.8M
Grant Records0
Filing Years2021–2025
Where $100 goes at PORAC Retiree Medical Trust
How PORAC Retiree Medical Trust divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$85
Programs
the work itself
$15
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $85 for programs
$85
Reimbursement of retirees' insurance premiums or medical expenses for approximately 7,400 participants
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Trustee
Brian Dutton
Trustee
Dennis Hashin
Trustee
Ryan Goodfellow
Trustee
Steven Saucedo
CHAIR
Terry A Moore
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $29.3M | $4.2M | $167.8M |
| 2024 | $21.3M | $3.5M | $134.1M |
| 2023 | $16.7M | $2.9M | $103.4M |
| 2022 | $17.5M | $2.6M | $84.4M |
| 2021 | $19.5M | $1.9M | $81.2M |
Between 2021 and 2025, reported annual revenue grew from $19.5M to $29.3M (+50%), with total assets most recently reported at $167.8M.
Interactive year-over-year charts and full filing details available with membership.