Marsh & Mclennan Companies Er Funded Welfare Benefits Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136842498 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Marsh & Mclennan Companies Er Funded Welfare Benefits Trust?

The Marsh & McLennan Companies ER Funded Welfare Benefits Trust is a Hoboken, New Jersey-based fraternal beneficiary society and voluntary employees association. Their primary goal is to offer insurance benefits programs tailored to their employees. As a nonprofit organization, they are dedicated to enhancing the wellbeing of their workforce by providing essential coverage.

Is Marsh & Mclennan Companies Er Funded Welfare Benefits Trust legitimate?

Marsh & Mclennan Companies Er Funded Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Marsh & Mclennan Companies Er Funded Welfare Benefits Trust 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 Marsh & Mclennan Companies Er Funded Welfare Benefits Trust?

The Marsh & McLennan Companies ER Funded Welfare Benefits Trust serves as a organization dedicated to offering insurance benefits programs for its workforce. Based in Hoboken, New Jersey, this fraternal beneficiary society and voluntary employees association fulfills its mission by providing essential insurance programs to its employees. By doing so, it ensures the well-being and financial security of its team members. Through its insurance benefits initiatives, the Trust aims to foster a sense of support and care for its workforce. In essence, it prioritizes the welfare of its staff, offering them vital insurance coverage to navigate through various life situations.

Who is the CEO of Marsh & Mclennan Companies Er Funded Welfare Benefits Trust?

Unavailable

What is the revenue of Marsh & Mclennan Companies Er Funded Welfare Benefits Trust?

Marsh & Mclennan Companies Er Funded Welfare Benefits Trust's revenue in 2022 was $300,017,079.

Who are the executives of Marsh & Mclennan Companies Er Funded Welfare Benefits Trust and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marsh & Mclennan Companies Er Funded Welfare Benefits Trust?

Marsh & Mclennan Companies Er Funded Welfare Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Marsh & Mclennan Companies Er Funded Welfare Benefits Trust

The Marsh & McLennan Companies ER Funded Welfare Benefits Trust, a fraternal beneficiary society and voluntary employees association, is dedicated to delivering insurance benefits programs for its employees. This mission-driven organization prioritizes the wellbeing of its workforce by providing them with essential insurance programs. By doing so, it fosters a supportive and protective environment for its team members.

The Marsh & McLennan Companies ER Funded Welfare Benefits Trust serves as a vital safety net for its employees, ensuring they have access to crucial insurance services. Its commitment to providing insurance benefits not only enhances the employees' peace of mind but also demonstrates the organization's dedication to their overall well-being and financial security.

The Trust's mission extends beyond just providing insurance coverage. As a fraternal beneficiary society, it fosters a sense of community and unity among its members. By creating a strong bond between its employees, the organization strengthens its team spirit and fosters a positive work environment. This unique aspect sets the Marsh & McLennan Companies ER Funded Welfare Benefits Trust apart from traditional insurance providers and emphasizes its commitment to its employees' wellbeing both personally and professionally.

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Impact




October, 2024

Marsh & McLennan Companies ER Funded Welfare Benefits Trust plays a crucial role in enhancing the well-being of employees by providing essential insurance benefits programs. By offering these programs, the Trust addresses the health, financial security, and overall welfare of its employees, fostering a supportive work environment. This impact not only contributes to employee satisfaction and retention but also promotes a culture of mutual support and care within the organization. The Trust operates in Hoboken, NJ, and serves as a vital resource, ensuring that employees have access to necessary benefits that can alleviate stress and improve their quality of life. In doing so, it enhances loyalty and productivity, ultimately benefiting the organization as a whole.




This information is meant to be a general summary of Marsh & Mclennan Companies Er Funded Welfare Benefits Trust. 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.

Revenue
$300,017,079 (2022)
Expenses
$291,933,391 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,627,678
  • Program Service Revenue: $297,389,401
  • Gross Receipts: $300,017,079

Assets and Liabilities:

  • Total Assets: $91,702,870
  • Total Liabilities: $61,897,899
  • Net Assets: $29,804,971

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Employer Contributions

Revenue

$191,265,278

Employee Contributions

Revenue

$102,870,514

Retired Employee Contributions

Revenue

$3,253,609

Organization Details

Founding Year

1982

Main Address

1166 Ave of the Americas 31st Flr, New York, NY, 10036

NTEE Category

Code: Y40 - Mutual benefit

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