Overview
What is Jpmorgan Chase Veba Trust For Active Employee?
The Jpmorgan Chase Veba Trust for Active Employees is a nonprofit trust based in Jersey City, New Jersey, with a US address at 545 Washington Blvd, 12th Floor, ZIP code 07310. Its primary mission is to offer life insurance, medical, and other benefits to eligible JPMorgan Chase active employees and their dependents. The trust is designed for administering these benefits and covering related expenses.
What are the reviews and ratings of this charity?
The Jpmorgan Chase Veba Trust For Active Employee is currently not rated by Charity Navigator. This absence of a rating does not infer either a positive or negative stance but rather reflects that the nonprofit has not undergone a comprehensive evaluation through the required beacon scores. Charity Navigator currently assesses organizations mainly registered as 501(c)(3) entities, which this trust is not, limiting the scope of its evaluation.
Due to the lack of available financial data such as revenue, expenses, and salaries of key personnel, specific insights into the trust's financial performance and transparency are unattainable. While the trust independently files IRS Form 990, this data is not supportive in their rating assessment as they fall outside the typical reviewed category. Therefore, interpreting the historical financial management of this organization remains challenging without this data.
GreatNonprofits user reviews are also unavailable for the Jpmorgan Chase Veba Trust For Active Employee, leaving a gap in community feedback and user experience insights. As a result, public perception regarding its operations or trustworthiness is not easily accessible. This limited visibility restricts stakeholders and potential donors from gauging the direct impact or community engagement of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Jpmorgan Chase Veba Trust For Active Employee legitimate?
Jpmorgan Chase Veba Trust For Active Employee is a legitimate nonprofit organization registered as a 501(c)(9) entity. Jpmorgan Chase Veba Trust For Active Employee submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Jpmorgan Chase Veba Trust For Active Employee?
The Jpmorgan Chase Veba Trust For Active Employees is dedicated to providing life insurance, medical, and other benefits for certain active employees of Jpmorgan Chase and their eligible dependents. The primary focus of the trust is to ensure the well-being of its beneficiaries by offering essential benefits and managing related administrative expenses. Through this commitment, the trust aims to bring peace of mind to its participants, allowing them to focus on their personal and professional growth within Jpmorgan Chase. By providing these benefits, the trust fosters a sense of security and support among its members, contributing to their overall well-being.
Who is the CEO of Jpmorgan Chase Veba Trust For Active Employee?
Bernadette J Branosky is the Trustee of Jpmorgan Chase Veba Trust For Active Employee.
What is the revenue of Jpmorgan Chase Veba Trust For Active Employee?
Jpmorgan Chase Veba Trust For Active Employee's revenue in 2021 was $2,034,990,193.
Who are the executives of Jpmorgan Chase Veba Trust For Active Employee and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jpmorgan Chase Veba Trust For Active Employee?
Jpmorgan Chase Veba Trust For Active Employee's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Jpmorgan Chase Veba Trust For Active Employee
Jpmorgan Chase Veba Trust for Active Employees is a nonprofit trust dedicated to providing essential benefits for certain active employees of JPMorgan Chase and their eligible dependents. The trust's primary focus is on ensuring the wellbeing of its members by offering life insurance, medical, and other benefits.
This trust is designed to address the health and financial security needs of JPMorgan Chase's active workforce. By administering these benefits, the Jpmorgan Chase Veba Trust for Active Employees plays a crucial role in enhancing the overall quality of life for its participants. The trust assumes the responsibility of processing and distributing benefits payments to plan participants and their eligible dependents, while also managing the administrative expenses associated with the trust. This commitment to its mission is integral to the well-being and job satisfaction of JPMorgan Chase's active employees.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The J.P. Morgan Chase VEBA Trust for Active Employees significantly impacts its members by providing essential benefits, including life insurance and medical coverage. This financial support is crucial for eligible JPMorgan Chase employees and their dependents, ensuring that they have access to necessary health services and financial security. By covering both benefits for plan participants and administrative expenses, the Trust helps maintain a robust support system for those actively employed at JPMorgan Chase. This promotes the well-being of employees, enhances overall job satisfaction, and contributes to a positive workplace environment. Ultimately, the Trust plays a vital role in helping active employees manage health-related expenses and secure their families' futures.
This information is meant to be a general summary of Jpmorgan Chase Veba Trust For Active Employee. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $1,149
- Program Service Revenue: $2,034,989,044
- Gross Receipts: $2,593,872,262
Assets and Liabilities:
- Total Assets: $20,882,839
- Total Liabilities: $0
- Net Assets: $20,882,839
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$623,484,757
EMPLOYER CONTRIBUTIONS
Revenue
$1,411,504,287
Organization Details
Founding Year
1988
Phone
(877) 576-2427Principal Officer
Bernadette J Branosky
Main Address
545 WASHINGTON BLVD 12TH FL, Jersey City, NJ, 07310
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Jpmorgan Chase Veba Trust For Active Employee and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.