Overview
What is Exelon Corporation Disability Benefit Plan?
The Exelon Corporation Disability Benefit Plan is a resource established to offer disability benefits to eligible members. As of December 31, 2018, approximately 4,867 individuals were eligible to reap these benefits. The plan is dedicated to ensuring the funds are available for delivering these essential benefits. By doing so, it serves as a vital support system for those who require disability assistance.
Is Exelon Corporation Disability Benefit Plan legitimate?
Exelon Corporation Disability Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Exelon Corporation Disability Benefit Plan 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: $7,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Exelon Corporation Disability Benefit Plan?
The Exelon Corporation Disability Benefit Plan is dedicated to providing disability benefits to its eligible members. As of December 31, 2018, over 4,800 individuals fell under this category. The plan's primary objective is to finance the delivery of these benefits, ensuring financial security for its members during periods of disability. The plan aims to serve its members effectively, providing them with the necessary support during challenging times.
Who is the CEO of Exelon Corporation Disability Benefit Plan?
Jennifer Franco is the Institutional Trustee of Exelon Corporation Disability Benefit Plan.
What is the revenue of Exelon Corporation Disability Benefit Plan?
Exelon Corporation Disability Benefit Plan's revenue in 2022 was $8,589,102.
Who are the executives of Exelon Corporation Disability Benefit Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $7,500
- Related: $0
- Other: $0
Where can I find the form 990 for Exelon Corporation Disability Benefit Plan?
Exelon Corporation Disability Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Exelon Corporation Disability Benefit Plan
The Exelon Corporation Disability Benefit Plan is committed to fulfilling its mission of providing disability benefits to eligible members. This mission is underpinned by the plan's objective to raise funds for the purpose of dispensing these benefits. As of December 31, 2018, the plan had approximately 4,867 members who were eligible to receive these benefits. The Exelon Corporation Disability Benefit Plan plays a crucial role in offering financial support to its members during periods of disability, providing them with a safety net during challenging times.
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Impact
October, 2024
The Exelon Corporation Disability Benefit Plan plays a crucial role in supporting its members by providing essential disability benefits to those who qualify. With approximately 4,867 eligible members as of December 31, 2018, the plan ensures financial assistance and security for individuals facing temporary or permanent disabilities. This safety net allows members to manage their circumstances without the added stress of financial instability, ultimately promoting their well-being and helping them maintain a semblance of normalcy in their lives. The provision of these benefits underscores the plan's commitment to supporting its members during challenging times, fostering a sense of community and mutual benefit among participants.
This information is meant to be a general summary of Exelon Corporation Disability Benefit Plan. 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 2022.
- Investment Income: $8,851
- Program Service Revenue: $8,580,251
- Gross Receipts: $8,589,102
Assets and Liabilities:
- Total Assets: $399,750
- Total Liabilities: $4,597,925
- Net Assets: -$4,198,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTI
Revenue
$4,291,182
EMPLOYER CONTRIBUTIONS
Revenue
$4,289,069
Organization Details
Founding Year
1976
Phone
(312) 394-4107Principal Officer
Jennifer Franco
Main Address
10 SOUTH DEARBORN 51ST FLOOR, CHICAGO, IL, 60603
NTEE Category
Code: Y40 - Mutual benefit
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