Exelon Corporation Employees Benefit Trust
501(c)(9)
Only null% goes to programs Declining revenue
Exelon Corporation Employees Benefit Trust is a 501(c)(9) organization based in Chicago, Illinois, registered in 1973, with $345,734,529 in FY2024 revenue. CharityIndex grades it B.
10 South Dearborn 53rd Floor, Chicago, IL, 60603 EIN 23-7236436 Since 1973
Revenue (FY2024)
$345.7M
▲ 2.7% vs prior year
Expenses (FY2024)
$353.6M
Net assets
$60.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Exelon Corporation Employees Benefit Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Exelon Corporation Employees Benefit Trust: 2 mo reserves · -2% margin earns a B on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Exelon Corporation Employees Benefit Trust: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Exelon Corporation Employees Benefit Trust: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Provide healthcare benefits to members.
Contact & location
Financial trends
Revenue declined from $364.6M (FY2013) to $345.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $60.6M
Operating margin
-2.3%
Spent more than it raised in the latest fiscal year.
Total assets
$62.0M
Total liabilities
$1.4M
Net assets
$60.6M
Salaries & benefits
$60K
0% of expenses
Board members
1
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $345,734,529▲2.7% | $353,598,525▲11.6% | $60,609,508▼19.5% | $62,031,908▼19.1% | 990 |
| 2023 | $336,612,349 | $316,771,118▼3.6% | $75,329,504▲19.9% | $76,679,073▲17.7% | 990 |
| 2022 | $336,735,319▼35.3% | $328,573,698▼33.6% | $62,847,273▼0.7% | $65,147,624▼1.0% | 990 |
| 2021 | $520,300,939▲1.4% | $494,620,301▲0.4% | $63,280,652▲28.9% | $65,808,636▲27.1% | 990 |
| 2020 | $513,009,284▲3.1% | $492,810,880▲0.9% | $49,090,014▲22.3% | $51,776,524▲18.9% | 990 |
| 2019 | $497,549,343▼1.3% | $488,440,038▼2.2% | $40,138,609▼14.6% | $43,559,127▼21.5% | 990 |
| 2018 | $503,954,442▲14.6% | $499,305,297▲14.8% | $46,974,636▼23.5% | $55,465,135▼23.9% | 990 |
| 2017 | $439,676,190▲3.8% | $435,047,652▲2.0% | $61,389,491▲26.8% | $72,855,174▲45.7% | 990 |
| 2016 | $423,440,713▲4.7% | $426,615,092▲3.7% | $48,406,621▼25.1% | $49,989,771▼24.9% | 990 |
| 2015 | $404,605,496▲9.9% | $411,482,472▲15.7% | $64,659,099▼19.8% | $66,570,132▼19.3% | 990 |
| 2014 | $368,263,005▲1.0% | $355,618,497▲7.3% | $80,586,075▲5.5% | $82,497,551▲6.3% | 990 |
| 2013 | $364,572,099 | $331,558,735▲19.6% | $76,360,567▲47.5% | $77,613,590▲42.6% | 990 |
| 2012 | — | $277,179,172▲6.5% | $51,760,092▲31.4% | $54,427,328▲26.0% | 990 |
| 2011 | — | $260,356,000▼2.4% | $39,380,704▲40.7% | $43,195,309▲39.8% | 990 |
| 2010 | — | $266,748,113 | $27,986,747 | $30,888,595 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: The Northern Trust Company — $60,074 (0.02% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| The Northern Trust Company | Institutional Trustee | 1 | $60,074 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Alight Solutions LLC | Record Keeping | $2,662,704 |
| Exelon Business Service Company | Administrator | $599,549 |
| Benefit Recovery Group | Legal Fees | $383,641 |
| Healthequity | Contract Administrator | $347,146 |
| Willis Towers Watson Us LLC | Actuarial Services | $336,463 |
Frequently asked questions
- Is Exelon Corporation Employees Benefit Trust a legitimate nonprofit?
- Yes. Exelon Corporation Employees Benefit Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7236436, based in Chicago, Illinois.
- What is Exelon Corporation Employees Benefit Trust's EIN?
- Exelon Corporation Employees Benefit Trust's Employer Identification Number (EIN) is 23-7236436.
- How much revenue does Exelon Corporation Employees Benefit Trust report?
- Exelon Corporation Employees Benefit Trust reported $345,734,529 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Exelon Corporation Employees Benefit Trust have?
- CharityIndex grades Exelon Corporation Employees Benefit Trust B, based on financial health (reserves and operating margin).
- How much does Exelon Corporation Employees Benefit Trust's highest-paid employee make?
- The highest reported compensation on Exelon Corporation Employees Benefit Trust's latest Form 990 is $60,074, paid to The Northern Trust Company (Institutional Trustee).
More nonprofits in Chicago
Explore more
Data for Exelon Corporation Employees Benefit Trust (EIN 23-7236436) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.