EIN 36-3978080

Exelon Corp Employees Benefits Trust for Union Employees

Name: Exelon Corp Employees Benefits Trust for Union 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

1996

Most recent tax filings

2023-12-01

NTEE code, primary

Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations

Description

Exelon Corp Employees Benefits Trust for Union Employees has a mission to provide health care benefits to the participating members of the VEBA. The corporation created this 501(c)(9) tax-exempt trust of a voluntary employees' beneficiary association (VEBA), with the fundamental purpose of providing health benefits to retired eligible union employees of the corporation. The VEBA trust provides benefits for approximately 2,138 retired union employee participants and their surviving spouses from member and employer contributions.

Also known as...

Exelon Corp Ees' Ben Trust for Union Ees 22-10300; Exelon Corp Employees Benfit Tru

Total revenues

$25,377,440

2023

Total expenses

$56,322,294

2023

Total assets

$706,656,097

2023

Num. employees

2023

Program areas at Exelon Corp Employees Benefits Trust for Union Employees

The veba Trust provided Benefits for approximately 2,225 retired Union employee participants and their surviving spouses from member and employer contributions.

Personnel at Exelon Corp Employees Benefits Trust for Union Employees

Name	Title	Date of data
Jennifer Franco	Vice President Health and Benefits	2024-11-15

Financials for Exelon Corp Employees Benefits Trust for Union Employees

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$7,561,611	$9,837,086	-23.1%
Investment income and dividends	$14,795,321	$17,633,490	-16.1%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$3,020,508	$-13,842,115	121.8%
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	$25,377,440	$13,628,461	86.2%

Form 990s for Exelon Corp Employees Benefits Trust for Union 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	2022-11-14	990	View PDF
2020-12	2021-11-15	990	View PDF
2018-12	2020-02-14	990	View PDF
...and 9 more Form 990s

Organizations like Exelon Corp Employees Benefits Trust for Union Employees

Organization	Type	Location	Revenue
Northwestern Region Employee Benefit Trust	501(c)(9)	Erie, PA	$71,943,308
Iron Workers Trust Fund Local No 5 Washington DC Welfare Fund	501(c)(9)	Mercer Island, WA	$14,432,146
Bricklayers and Allied Craftworkers Local 13 Health Benefits Fund	501(c)(9)	Las Vegas, NV	$15,920,769
Heating Piping and Refrigeration Medical Fund	501(c)(9)	Baltimore, MD	$76,345,208
Colorado Sheet Metal Workers' Local 9 Health Fund	501(c)(9)	Denver, CO	$19,758,140
International Alliance of Theatrical Stage Employees Lo 33 Health and Welfare Trust Fund	501(c)(9)	Los Angeles, CA	$15,601,865
Inlandboatmen's Union of the Pacific National Health Benefit Trust	501(c)(9)	Seattle, WA	$33,535,368
Teamsters Multi-Benefit Trust	501(c)(9)	Los Angeles, CA	$24,551,819
Shop Ironworkers Local 790 Welfare Plan	501(c)(9)	Pasadena, CA	$10,427,170
Local 212 IBEW Health and Welfare Trust Fund	501(c)(9)	Indianapolis, IN	$20,215,031

Data update history

January 8, 2025

Posted financials

Added Form 990 for fiscal year 2023

December 28, 2023

Posted financials

Added Form 990 for fiscal year 2022

December 24, 2023

Used new vendors

Identified 3 new vendors, including , , and

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 12, 2023

Posted financials

Added Form 990 for fiscal year 2020

Nonprofit Types

Fraternal societiesMutual assistance organizationsHeadquarter / parent 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) 394-2819

IRS details

EIN: 36-3978080
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1996
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: Central organization

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Exelon Corp Employees Benefits Trust for Union Employees

Program areas at Exelon Corp Employees Benefits Trust for Union Employees

Personnel at Exelon Corp Employees Benefits Trust for Union Employees

Financials for Exelon Corp Employees Benefits Trust for Union Employees

Form 990s for Exelon Corp Employees Benefits Trust for Union Employees

Organizations like Exelon Corp Employees Benefits Trust for Union Employees

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