Jpmorgan Chase Veba Trust For Key Retirees

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

EIN: 836394053 ✦ Jersey city, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Jpmorgan Chase Veba Trust For Key Retirees?

Jpmorgan Chase Veba Trust For Key Retirees is a nonprofit organization based in Jersey City, New Jersey. With a primary focus on providing benefits, the trust aims to support eligible retirees from JPMorgan Chase and their dependents. This support includes life insurance, medical coverage, and potentially other benefits. The trust's mission is to ensure the well-being of these retirees, offering them financial security and essential healthcare services. The trust's address is located at 545 Washington Blvd, 12th Floor, Jersey City, NJ 07310.

Is Jpmorgan Chase Veba Trust For Key Retirees legitimate?

Jpmorgan Chase Veba Trust For Key Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Jpmorgan Chase Veba Trust For Key Retirees 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 Key Retirees?

The JPMorgan Chase Veba Trust for Key Retirees is established with a primary objective to provide life insurance, medical, and other beneficial aid to selected retired employees of JPMorgan Chase and their eligible dependents. The trust's main purpose is to ensure the well-being and security of these retirees by covering their medical expenses and offering necessary benefits. Funds are allocated for the payment of benefits to plan participants and their eligible dependents, as well as for managing the administrative expenses associated with the trust.

Who is the CEO of Jpmorgan Chase Veba Trust For Key Retirees?

Bernadette J Branosky is the Trustee of Jpmorgan Chase Veba Trust For Key Retirees.

What is the revenue of Jpmorgan Chase Veba Trust For Key Retirees?

Jpmorgan Chase Veba Trust For Key Retirees's revenue in 2021 was $72,220.

Who are the executives of Jpmorgan Chase Veba Trust For Key Retirees and what are their salaries?


There is 1 key member and their salary:


Jpmorgan Chase Bank Na (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jpmorgan Chase Veba Trust For Key Retirees?

Jpmorgan Chase Veba Trust For Key Retirees's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Jpmorgan Chase Veba Trust For Key Retirees

The Jpmorgan Chase Veba Trust for Key Retirees is established with a primary mission to offer life insurance, medical, and other benefits to select JPMorgan Chase retirees and their eligible dependents. This trust is dedicated to providing essential support and protection to retirees, ensuring they maintain a certain level of well-being and security during their post-employment years. The trust administers payments of benefits to plan participants and their eligible dependents, ensuring they have access to necessary healthcare and insurance coverage. Additionally, the trust covers administrative expenses associated with the JPMorgan Chase Veba Trust for Key Retirees, ensuring its smooth operation and successful fulfillment of its mission.

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Impact




October, 2024

JPMorgan Chase VEBA Trust for Key Retirees primarily impacts the financial and health well-being of specific retirees and their eligible dependents by providing essential benefits such as life insurance and medical coverage. This support addresses the unique needs of retirees from JPMorgan Chase, helping ensure that they have access to necessary health care services and financial security in their retirement years.

By prioritizing these benefits, the trust contributes to the overall stability and quality of life for retirees, alleviating some of the burdens associated with healthcare costs. The trust also facilitates payments for plan administrative expenses, streamlining operations and ensuring that participants receive timely and efficient service. Overall, the VEBA Trust plays a crucial role in enhancing the welfare of its participants, representing a commitment to the long-term support of key retirees and their families.




This information is meant to be a general summary of Jpmorgan Chase Veba Trust For Key Retirees. 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
$72,220 (2021)
Expenses
$72,220 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $72,220
  • Gross Receipts: $72,220

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$47,708

EMPLOYER CONTRIBUTIONS

Revenue

$24,512

Organization Details

Founding Year

2019

Principal Officer

Bernadette J Branosky

Main Address

545 WASHINGTON BLVD 12TH FL, JERSEY CITY, NJ, 07310

NTEE Category

Code: Y35 - Mutual benefit

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