San Diego City Employees Retiree Medical Trust
San Diego, CA 92108 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $63,271,711 | $14,332,681 | $288,792,699 |
| FY2024 | $26,610,228 | $12,890,166 | $272,209,766 |
| FY2023 | $21,277,116 | $12,343,069 | $240,400,590 |
| FY2022 | $31,450,538 | $10,836,298 | $249,032,840 |
| FY2021 | $27,810,860 | $9,051,232 | $241,511,895 |
| FY2020 | $28,749,305 | $8,329,594 | $179,975,246 |
| FY2019 | $25,715,730 | $5,424,176 | $171,040,491 |
| FY2018 | $24,806,775 | $4,063,519 | $150,083,986 |
| FY2017 | $25,364,560 | $3,058,934 | $125,136,983 |
| FY2016 | $24,758,753 | $2,076,415 | $100,059,662 |
| FY2015 | $20,426,502 | $1,415,274 | $79,103,191 |
| FY2014 | $18,606,660 | $784,444 | $59,171,897 |
| FY2013 | $40,267,868 | $350,957 | $40,535,542 |
Form 990 filings
The returns filed by San Diego City Employees Retiree Medical Trust (EIN 45-4698959), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $17,243,128 | 27% |
| Other revenue | $46,028,583 | 73% |
What the numbers show
- Other revenue made up 73% of total revenue in FY2025.
- Net assets covered about 241.8 months of expenses at the end of the reporting year. That puts it in the 89th percentile among 361 Mutual & Membership Benefit organizations in CA.
- Total revenue was higher than 98.4% of 367 Mutual & Membership Benefit organizations in CA.
- Total revenue rose from $40,267,868 in FY2013 to $63,271,711 in FY2025. Revenue increased in 8 and decreased in 4 of 12 year-over-year comparisons.
- Revenue covered expenses in each of the 13 reported years, FY2013 to FY2025.
- Net assets grew from $40,535,542 to $288,792,699 between FY2013 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE EMPLOYEE WELFARE BENEFITS FOR PARTICIPANTS AND THEIR COVERED DEPENDENTS.
IRS status
| Ruling year | 2013 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | Y20 — Mutual & Membership Benefit (in CA) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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