Accenture United States Benefit Trust

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

EIN: 367274697 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Accenture United States Benefit Trust?

Accenture United States Benefit Trust is a master trust based in Chicago, Illinois, with a US address at 500 W Madison Street, 20th Floor. Established as a nonprofit organization, it administers several insurance plans for Accenture employees, including the Accenture United States Group Health Plan, the Accenture United States Group Retiree Medical Plan, and the Accenture United States Group Insurance Plan. The trust facilitates the coverage and management of these plans, ensuring the wellbeing and support for Accenture employees and retirees.

What are the reviews and ratings of this charity?

The Accenture United States Benefit Trust is not currently rated by Charity Navigator as it lacks the necessary Accountability & Finance, and Impact & Measurement beacons. The absence of a rating does not reflect a negative or positive evaluation but indicates limitations due to its non-501(c)(3) status.

This organization's accountability, finance, leadership, and community impact cannot be thoroughly evaluated by Charity Navigator's methodology, as it is not registered with the IRS as a 501(c)(3) nonprofit. There is also a lack of publicly available financial information or data on key personnel compensation.

As no user reviews are available from GreatNonprofits, insights into stakeholder satisfaction, personal testimonials, or direct impact assessments are not accessible at this time. This further limits the scope of understanding concerning the organization’s community benefits and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Accenture United States Benefit Trust legitimate?

Accenture United States Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Accenture United States Benefit 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: $61,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Accenture United States Benefit Trust?

The Accenture United States Benefit Trust functions as a master trust, overseeing a range of insurance plans. These plans include the Accenture United States Group Health Plan, Accenture United States Group Retiree Medical Plan, and Accenture United States Group Insurance Plan. The trust's primary role is to administer and manage these insurance offerings for the benefit of Accenture's workforce and retirees. By providing comprehensive insurance coverage, the Accenture United States Benefit Trust aims to support the well-being and financial security of its beneficiaries.

Who is the CEO of Accenture United States Benefit Trust?

Paul Vick is the Principal Officer of Accenture United States Benefit Trust.

What is the revenue of Accenture United States Benefit Trust?

Accenture United States Benefit Trust's revenue in 2022 was $853,422,657.

Who are the executives of Accenture United States Benefit Trust and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $61,450
  • Related: $0
  • Other: $0
Where can I find the form 990 for Accenture United States Benefit Trust?

Accenture United States Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Accenture United States Benefit Trust

Accenture United States Benefit Trust serves as a master trust that plays a crucial role in administering several insurance plans for Accenture's workforce. Among these plans are the Accenture United States Group Health Plan, the Accenture United States Group Retiree Medical Plan, and the Accenture United States Group Insurance Plan. This trust ensures the efficient and effective management of these insurance plans, ultimately providing essential coverage and benefits to Accenture's employees and retirees.

By assuming the responsibility of managing these plans, Accenture United States Benefit Trust demonstrates its commitment to the wellbeing and security of its workforce. The trust's mission revolves around offering comprehensive insurance solutions that cater to various aspects of an employee's life, including their health, retirement, and general insurance needs. The trust's unwavering dedication to providing these benefits enables Accenture to attract and retain top talent, fostering a productive and engaged workforce.

The Accenture United States Benefit Trust's role as a master trust is vital in facilitating the administration of these plans. It allows for a centralized approach to managing insurance benefits, ensuring consistency, efficiency, and accuracy across all plans. This setup also enables Accenture to offer a competitive and comprehensive benefits package to its employees and retirees, further solidifying its position as an employer of choice.

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Impact




October, 2024

Accenture United States Benefit Trust serves a critical role in providing comprehensive insurance coverage to individuals covered under its plans. By administering the Accenture United States Group Health Plan, the Group Retiree Medical Plan, and the Group Insurance Plan, the trust ensures that employees and retirees have access to essential healthcare services and financial protection against unforeseen medical expenses.

The impact of the trust is multifaceted. It enhances the overall well-being of its beneficiaries, contributing to healthier communities by facilitating access to medical care. Moreover, the trust's structured approach to healthcare and insurance helps reduce financial burdens on individuals, allowing them to focus on their personal and professional lives without the stress of inadequate health insurance coverage.

Located in Chicago, Illinois, the trust's presence in a major urban center enables it to leverage a network of healthcare providers and resources, ensuring that beneficiaries receive quality care. Overall, the Accenture United States Benefit Trust's operations exemplify a commitment to mutual benefit, strengthening the safety net for employees and retirees alike through robust health and insurance plans.




This information is meant to be a general summary of Accenture United States Benefit 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
$853,422,657 (2022)
Expenses
$839,952,672 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $319,941
  • Program Service Revenue: $853,102,716
  • Gross Receipts: $853,422,657

Assets and Liabilities:

  • Total Assets: $87,458,962
  • Total Liabilities: $0
  • Net Assets: $87,458,962

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Programs

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

SPONSOR CONTRIBUTIONS

Revenue

$618,512,062

PARTICIPANT CONTRIBUITONS

Revenue

$234,590,654

Organization Details

Founding Year

1999

Principal Officer

Paul Vick

Main Address

500 W MADISON STREET 20TH FLOOR, CHICAGO, IL, 60661

NTEE Category

Code: Y43 - Mutual benefit

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