Jpmorgan Chase Veba Trust For Retirees

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

EIN: 300147180 ✦ Jersey city, NJ ✦ Designated as a 501(c)(9)

Overview

What is Jpmorgan Chase Veba Trust For Retirees?

The Jpmorgan Chase Veba Trust For Retirees is a charitable trust based in Jersey City, New Jersey, with a US address at 545 Washington Blvd, 12th Floor. Its primary mission is to provide life insurance, medical, and other beneficial services to eligible retirees of JPMorgan Chase and their dependents. The trust's activities include the payment of benefits and administrative expenses related to the trust.


Is Jpmorgan Chase Veba Trust For Retirees legitimate?

Jpmorgan Chase Veba Trust For Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Jpmorgan Chase Veba Trust For 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 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 Retirees?
Who is the CEO of Jpmorgan Chase Veba Trust For Retirees?
What is the revenue of Jpmorgan Chase Veba Trust For Retirees?
Who are the executives of Jpmorgan Chase Veba Trust For Retirees and what are their salaries?
Where can I find the form 990 for Jpmorgan Chase Veba Trust For Retirees?

Mission Statement of Jpmorgan Chase Veba Trust For Retirees

Jpmorgan Chase Veba Trust For Retirees is a charitable trust dedicated to providing essential benefits for eligible retirees of JPMorgan Chase and their dependent family members. The primary objective of this trust is to ensure the well-being of retired employees by offering life insurance, medical, and other related benefits.

By focusing on the needs of JPMorgan Chase retirees, the trust plays a vital role in securing their financial and health security during their post-career years. Through the provision of these crucial benefits, the trust enables retirees to face their golden years with confidence and peace of mind.

Administering and distributing benefits, along with managing the related expenses, are the primary responsibilities of Jpmorgan Chase Veba Trust For Retirees. This trust serves as a testament to JPMorgan Chase's commitment to the welfare of its retired employees and their families, ensuring they continue to receive essential support and care even after their employment with the organization ends.

Impact

This information is meant to be a general summary of Jpmorgan Chase Veba Trust For Retirees. 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 Retirees is dedicated to providing life insurance, medical, and other benefits to certain JPMorgan Chase retirees and their eligible dependents. Its impact lies in ensuring that retirees receive essential support for their well-being post-employment. By managing the payment of benefits and administrative expenses under the trust, it plays a crucial role in safeguarding the financial and healthcare security of retirees and their families.





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 2020.

  • Investment Income: $19,596,554
  • Program Service Revenue: $11,729,364
  • Gross Receipts: $218,656,922

    • Assets and Liabilities:
  • Total Assets: $554,518,636
  • Total Liabilities: $419,361
  • Net Assets: $554,099,275
  • Programs

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

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $11,729,364

    Organization Details

    Founding Year

    2003

    Principal Officer

    Bernadette J Branosky

    Main Address

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

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Jpmorgan Chase Veba Trust For Retirees and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.