Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em
96% goes to programs Strong reserves Declining revenue
Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em is a 501(c)(9) organization based in Murray Hill, New Jersey, registered in 2011, with $68,433,217 in FY2024 revenue. CharityIndex grades it C, and it directs about 96% of spending to programs.
600 Mountain Ave, Murray Hill, NJ, 07974 EIN 33-6325838 Since 2011
Revenue (FY2024)
$68.4M
▲ 122.7% vs prior year
Membership median: $185K
Expenses (FY2024)
$62.2M
Net assets
$398.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating96% to programs
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. For Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em: 96% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating77 mo reserves · +9% 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 Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em: 77 mo reserves · +9% margin earns a B+ on this criterion. See the exact thresholds →
FGovernance25% of the rating0 of 5 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 Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em: 0 of 5 checks met earns a F on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide funding for the payment of post-retirement life insurance benefits and health benefits to eligible retirees of nokia of america corporation.
Contact & location
- Address
- 600 Mountain Ave, Murray Hill, NJ, 07974
- City
- Murray Hill
- State
- New Jersey
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $100.1M (FY2013) to $68.4M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $69KNet assets $398.2M
Operating margin
9.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$398.2M
Total liabilities
$69K
Net assets
$398.2M
Salaries & benefits
$12K
0% of expenses
Board members
0
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $68,433,217▲123% | $62,234,813▲8.0% | $398,168,901▲0.3% | $398,238,236▲0.4% | 990 |
| 2023 | $30,726,696▲7.4% | $57,604,482▼4.7% | $396,783,114▲6.4% | $396,848,116▲6.4% | 990 |
| 2022 | $28,622,401▼92.1% | $60,476,913▼16.6% | $372,926,279▼25.8% | $372,967,567▼25.8% | 990 |
| 2021 | $362,601,504▲229% | $72,524,105▼3.9% | $502,401,289▲155% | $502,442,116▲155% | 990 |
| 2020 | $110,254,050▲158% | $75,436,603▼1.0% | $196,889,637▲26.1% | $196,928,614▲26.1% | 990 |
| 2019 | $42,680,176▲7.6% | $76,213,902▲9.6% | $156,137,948▼10.0% | $156,181,386▼10.0% | 990 |
| 2018 | $39,674,905▼43.5% | $69,559,937▼25.3% | $173,498,694▼28.9% | $173,543,047▼28.9% | 990 |
| 2015 | $70,224,425▲2.0% | $93,161,616▼10.8% | $244,172,663▼5.3% | $244,209,208▼5.3% | 990 |
| 2014 | $68,843,759▼31.3% | $104,473,076▼9.7% | $257,880,900▼16.3% | $257,912,100▼16.3% | 990 |
| 2013 | $100,141,777 | $115,678,959▲0.1% | $308,010,025▼4.1% | $308,052,325▼4.1% | 990 |
| 2012 | — | $115,563,759▼3.6% | $321,233,959▼0.1% | $321,346,159▼0.1% | 990 |
| 2011 | — | $119,922,680 | $321,594,244 | $321,619,444 | 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: Bank of New York — $11,500 (0.02% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bank of New York | Trustee | 1 | $11,500 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Metlife | Investment Mgmt | $576,704 |
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Compare Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em
Frequently asked questions
- Is Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em a legitimate nonprofit?
- Yes. Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 33-6325838, based in Murray Hill, New Jersey.
- What is Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em's EIN?
- Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em's Employer Identification Number (EIN) is 33-6325838.
- How much revenue does Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em report?
- Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em reported $68,433,217 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em's spending goes to programs?
- Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em have?
- CharityIndex grades Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em C, based on program efficiency and fundraising cost.
- How much does Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em's highest-paid employee make?
- The highest reported compensation on Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em's latest Form 990 is $11,500, paid to Bank of New York (Trustee).
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Data for Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em (EIN 33-6325838) 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.