Ernst & Young Benefit Trust Sean T O'Donnell

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

EIN: 341346862 ✦ Secaucus, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Ernst & Young Benefit Trust Sean T O'Donnell?

Ernst & Young Benefit Trust Sean T O'Donnell is a nonprofit entity situated in Secaucus, New Jersey. It is primarily associated with the Ernst & Young Group Term Life Insurance Plan, serving as its VEBA Trust. This Trust provides insurance benefits to the plan's participants. The Trust's operations include administering benefits for its participants, ensuring financial support during challenging times.

Is Ernst & Young Benefit Trust Sean T O'Donnell legitimate?

Ernst & Young Benefit Trust Sean T O'Donnell is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ernst & Young Benefit Trust Sean T O'Donnell 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 Ernst & Young Benefit Trust Sean T O'Donnell?

The Ernst & Young Benefit Trust, specifically the Sean T O'Donnell division, is primarily involved in administering a VEBA Trust associated with the Ernst & Young Group Term Life Insurance Plan. This Trust offers life insurance benefits to its participating members. The mission of the Trust, in essence, is to facilitate the provision of these insurance benefits to its participants, ensuring they are adequately covered under the plan. The Trust's activities primarily revolve around managing and distributing these benefits, with the goal of providing financial support during challenging times.

Who is the CEO of Ernst & Young Benefit Trust Sean T O'Donnell?

Sean T O'Donnell is the Administrative Committee Chair of Ernst & Young Benefit Trust Sean T O'Donnell.

What is the revenue of Ernst & Young Benefit Trust Sean T O'Donnell?

Ernst & Young Benefit Trust Sean T O'Donnell's revenue in 2022 was $1,273,766.

Who are the executives of Ernst & Young Benefit Trust Sean T O'Donnell and what are their salaries?


Here are 6 key members and their salaries:


Sean O'Donnell (Administrative Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Blessinger (Investment Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Kress (Investment Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Glazer (Invest Admin Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Defrancisci (Admin Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bmo (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ernst & Young Benefit Trust Sean T O'Donnell?

Ernst & Young Benefit Trust Sean T O'Donnell's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ernst & Young Benefit Trust Sean T O'Donnell

Ernst & Young Benefit Trust Sean T O'Donnell is connected to the Ernst & Young Group Term Life Insurance Plan, serving as its administrative body. The primary mission of this trust is to manage and distribute the life insurance benefits offered by the plan to its participants. By doing so, the trust aims to provide financial support and security to individuals covered under the group insurance plan in the event of a tragic loss. The trust's operations focus on administering the benefits, ensuring that eligible participants receive the support they need during challenging times.

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Impact




October, 2024

Ernst & Young Benefit Trust Sean T O'Donnell plays a crucial role in administering the VEBA Trust associated with the Ernst & Young Group Term Life Insurance Plan. By providing essential life insurance benefits to participants, the Trust ensures financial security and peace of mind for employees and their families. Located in Secaucus, NJ, it manages programs that directly impact the well-being of its members, offering vital support during challenging times. The Trust's commitment to delivering these benefits highlights its significance as a resource for mutual benefit among participants, reinforcing the importance of safeguarding lives through comprehensive insurance solutions.




This information is meant to be a general summary of Ernst & Young Benefit Trust Sean T O'Donnell. 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
$1,273,766 (2022)
Expenses
$1,403,541 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,843
  • Program Service Revenue: $1,271,923
  • Gross Receipts: $1,273,766

Assets and Liabilities:

  • Total Assets: $28,802
  • Total Liabilities: $0
  • Net Assets: $28,802

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Programs

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

PARTICIP. CONTRIBU

Revenue

$1,271,923

Organization Details

Founding Year

1982

Principal Officer

Sean T O'Donnell

Main Address

200 PLAZA DRIVE, Secaucus, NJ, 07094

NTEE Category

Code: Y40 - Mutual benefit

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