Exelon Corporation Employees' Benefit Trust CO Accounting Operations

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

EIN: 237236436 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

Overview

What is Exelon Corporation Employees' Benefit Trust CO Accounting Operations?

The Exelon Corporation Employees' Benefit Trust is a nonprofit organization based in Chicago, Illinois, dedicated to offering healthcare benefits to its members and their dependents. With approximately 30,318 eligible members as of December 31, 2019, the trust provides coverage for medical, dental, and vision care expenses. Its mission is to ensure the wellbeing of its members by managing and funding their healthcare needs.


Is Exelon Corporation Employees' Benefit Trust CO Accounting Operations legitimate?

Exelon Corporation Employees' Benefit Trust C/O Accounting Operations is a legitimate nonprofit organization registered as a 501(c)(9) entity. Exelon Corporation Employees' Benefit Trust C/O Accounting Operations 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: $58,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Exelon Corporation Employees' Benefit Trust CO Accounting Operations?
Who is the CEO of Exelon Corporation Employees' Benefit Trust CO Accounting Operations?
What is the revenue of Exelon Corporation Employees' Benefit Trust CO Accounting Operations?
Who are the executives of Exelon Corporation Employees' Benefit Trust CO Accounting Operations and what are their salaries?
Where can I find the form 990 for Exelon Corporation Employees' Benefit Trust CO Accounting Operations?

Mission Statement of Exelon Corporation Employees' Benefit Trust CO Accounting Operations

The Exelon Corporation Employees' Benefit Trust is a dedicated organization that focuses on extending healthcare benefits to its members and their dependents. Established to cater to the health needs of its community, this trust assumed the responsibility of financing medical, dental, and vision care coverage as of December 31, 2019. With a membership of approximately 30,318 individuals, the Trust ensures that its beneficiaries have access to essential health services.

In simple terms, the Exelon Corporation Employees' Benefit Trust functions as a vital safety net for its members, providing them with the necessary financial support to secure their medical, dental, and vision care. By taking care of these benefits, the Trust enables its members to prioritize their health and wellbeing, ultimately contributing to their overall quality of life.

The Trust's mission is deeply rooted in the belief that healthcare is a fundamental right and a crucial aspect of individual and family well-being. With a strong commitment to this cause, the organization strives to make healthcare benefits accessible to its members, ensuring they can address their health needs effectively. By financing these benefits, the Exelon Corporation Employees' Benefit Trust offers a crucial lifeline to its members, promoting healthier communities and a more robust workforce.

Impact

This information is meant to be a general summary of Exelon Corporation Employees' Benefit Trust CO Accounting Operations. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of Exelon Corporation Employees' Benefit Trust CO Accounting Operations is significant in providing healthcare benefits to its members. As of December 31, 2019, there were approximately 30,318 members eligible to receive benefits, including medical, dental, and vision care coverage. This helps in ensuring the well-being and healthcare needs of the employees of Exelon Corporation are met, contributing to their overall job satisfaction and quality of life.





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 2022.

  • Investment Income: $430,527
  • Program Service Revenue: $336,304,792
  • Gross Receipts: $336,735,319

    • Assets and Liabilities:
  • Total Assets: $65,147,624
  • Total Liabilities: $2,300,351
  • Net Assets: $62,847,273
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $265,181,608

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $71,123,184

    Organization Details

    Founding Year

    1940

    Principal Officer

    Jennifer Franco

    Main Address

    10 SOUTH DEARBORN 51ST FLOOR, CHICAGO, IL, 60603

    NTEE Category

    Code: Y40 - Mutual benefit

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