Jpmorgan Chase Veba Trust For Active Employee

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

EIN: 133093382 ✦ Jersey city, NJ ✦ Designated as a 501(c)(9)

Overview

What is Jpmorgan Chase Veba Trust For Active Employee?

The Jpmorgan Chase Veba Trust for Active Employees is a nonprofit trust based in Jersey City, New Jersey, with a US address at 545 Washington Blvd, 12th Floor, ZIP code 07310. Its primary mission is to offer life insurance, medical, and other benefits to eligible JPMorgan Chase active employees and their dependents. The trust is designed for administering these benefits and covering related expenses.


Is Jpmorgan Chase Veba Trust For Active Employee legitimate?

Jpmorgan Chase Veba Trust For Active Employee is a legitimate nonprofit organization registered as a 501(c)(9) entity. Jpmorgan Chase Veba Trust For Active Employee 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 not tax deductible.

Here 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 Active Employee?
Who is the CEO of Jpmorgan Chase Veba Trust For Active Employee?
What is the revenue of Jpmorgan Chase Veba Trust For Active Employee?
Who are the executives of Jpmorgan Chase Veba Trust For Active Employee and what are their salaries?
Where can I find the form 990 for Jpmorgan Chase Veba Trust For Active Employee?

Mission Statement of Jpmorgan Chase Veba Trust For Active Employee

Jpmorgan Chase Veba Trust for Active Employees is a nonprofit trust dedicated to providing essential benefits for certain active employees of JPMorgan Chase and their eligible dependents. The trust's primary focus is on ensuring the wellbeing of its members by offering life insurance, medical, and other benefits.

This trust is designed to address the health and financial security needs of JPMorgan Chase's active workforce. By administering these benefits, the Jpmorgan Chase Veba Trust for Active Employees plays a crucial role in enhancing the overall quality of life for its participants. The trust assumes the responsibility of processing and distributing benefits payments to plan participants and their eligible dependents, while also managing the administrative expenses associated with the trust. This commitment to its mission is integral to the well-being and job satisfaction of JPMorgan Chase's active employees.

Impact

This information is meant to be a general summary of Jpmorgan Chase Veba Trust For Active Employee. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Jpmorgan Chase Veba Trust For Active Employee's impact is centered around providing life insurance, medical, and other benefits for certain JPMorgan Chase active employees and their eligible dependents. This trust is dedicated to ensuring the payment of benefits for plan participants and their eligible dependents, as well as covering plan administrative expenses. The primary goal is to support the well-being and security of these employees and their families by offering essential benefits through the trust.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,149
  • Program Service Revenue: $2,034,989,044
  • Gross Receipts: $2,593,872,262

    • Assets and Liabilities:
  • Total Assets: $20,882,839
  • Total Liabilities: $0
  • Net Assets: $20,882,839
  • Programs

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

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $623,484,757

    EMPLOYER CONTRIBUTIONS

    Revenue

    $1,411,504,287

    Organization Details

    Founding Year

    1988

    Principal Officer

    Bernadette J Branosky

    Main Address

    545 WASHINGTON BLVD 12TH FL, Jersey City, NJ, 07310

    NTEE Category

    Code: Y30 - Mutual benefit

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