EIN 36-3978082

Exelon Corp Employees Benefit Trust for Management Employees

Name: Exelon Corp Employees Benefit Trust for Management Employees financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(9)

Num. employees

City

Chicago

State

Illinois

Year formed

2003

Most recent tax filings

2023-12-01

NTEE code, primary

Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations

Description

Exelon Corp Employees Benefit Trust for Management Employees supports retired management employees participating in the VEBA, by providing health care benefits. The Corporation established this tax-exempt trust to fulfill its fundamental purpose and provide health benefits to retired management employee beneficiaries. Approximatley 11,314 retired management employee participants and their surviving spouses are eligible for benefits through this trust, which is funded through member and employer contributions.

Related structure

Exelon Corp Employees Benefit Trust for Management Employees is a subordinate organization under Exelon Corp Employees Benefits Trust for Union Employees.

Also known as...

Exelon Corp Employees Ben Trust for MGMT Ees 22-10296

Total revenues

$24,807,777

2023

Total expenses

$16,878,964

2023

Total assets

$102,503,038

2023

Num. employees

2023

Program areas at Exelon Corp Employees Benefit Trust for Management Employees

The veba Trust provided benefits for approximately 5,641 retired Management employee participants and their surviving spouses from member and employer contributions.

Personnel at Exelon Corp Employees Benefit Trust for Management Employees

Name	Title	Date of data
Jennifer Franco	Vice President Health and Benefits	2023-11-15

Financials for Exelon Corp Employees Benefit Trust for Management Employees

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$19,187,746	$11,982,498	60.1%
Investment income and dividends	$4,145,151	$2,210,872	87.5%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$1,474,880	$35,413,282	-95.8%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$24,807,777	$49,606,652	-50%

Form 990s for Exelon Corp Employees Benefit Trust for Management Employees

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-15	990	View PDF
2022-12	2023-11-15	990	View PDF
2021-12	2022-11-10	990	View PDF
2020-12	2021-11-15	990	View PDF
2018-12	2020-02-10	990	View PDF
...and 7 more Form 990s

Organizations like Exelon Corp Employees Benefit Trust for Management Employees

Organization	Type	Location	Revenue
Chicago Painters and Decorators Welfare Fund	501(c)(9)	Darien, IL	$55,323,487
The Pacific Maritime Association Covid-19 Sick Leave Plan	501(c)(9)	San Francisco, CA	$10,559,928
Construction Industry Laborers Welfare Fund	501(c)(9)	Kansas City, MO	$69,621,742
ND Banks Benefit Trust	501(c)(9)	Bismarck, ND	$19,413,158
Abc California Health Trust Welfare Benefit Plan	501(c)(9)	San Diego, CA	$18,663,736
United Food and Commercial Workers Unions and Participating Employers Health and Welfare Fund	501(c)(9)	Landover, MD	$11,808,120
Electrical Workers Health and Welfare Trust Fund for San Francisco	501(c)(9)	San Francisco, CA	$51,731,814
Plumbers and Pipefitters Medical Fund	501(c)(9)	Columbia, MD	$25,194,525
Nalc Health Benefit Plan for Employees and Staff	501(c)(9)	Ashburn, VA	$13,883,350
Ufcw Local 152 Health and Welfare Fund	501(c)(9)	Mount Laurel, NJ	$122,356,853

Data update history

January 19, 2024

Posted financials

Added Form 990 for fiscal year 2022

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 22, 2023

Posted financials

Added Form 990 for fiscal year 2020

June 18, 2023

Updated personnel

Identified 2 new personnel

May 23, 2023

Used new vendors

Identified 1 new vendor, including

Nonprofit Types

Fraternal societiesMutual assistance organizationsChapter / child organizations

Issues

No issues found

Characteristics

Partially liquidatedOperates internationallyNo full-time employees

General information

Address: 10 S Dearborn 51st Floor; Chicago, IL 60603
Metro area: Chicago-Naperville-Elgin, IL-IN-WI
County: Cook County, IL
Phone: (312) 394-4107

IRS details

EIN: 36-3978082
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2003
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary: 525120: Health and Welfare Funds
Parent/child status: Subordinate organization

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Exelon Corp Employees Benefit Trust for Management Employees

Program areas at Exelon Corp Employees Benefit Trust for Management Employees

Personnel at Exelon Corp Employees Benefit Trust for Management Employees

Financials for Exelon Corp Employees Benefit Trust for Management Employees

Form 990s for Exelon Corp Employees Benefit Trust for Management Employees

Organizations like Exelon Corp Employees Benefit Trust for Management Employees

Nonprofits

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