Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust
501(c)(9)
Growing revenue
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust is a 501(c)(9) organization based in New York, New York, registered in 1982, with $336,766,644 in FY2024 revenue.
1166 Ave of the Americas 31st Flr, New York, NY, 10036 EIN 13-6842498 Since 1982
Revenue (FY2024)
$336.8M
▲ 8.1% vs prior year
Expenses (FY2024)
$320.8M
Net assets
$45.0M
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 Marsh & Mclennan Companies Employer Funded Welfare 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 · +5% 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 Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust: 2 mo reserves · +5% 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 Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust: 4 of 6 checks met earns a B 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 Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide insurance benefit programs for employees
Contact & location
Financial trends
Revenue grew from $246.4M (FY2013) to $336.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $71.6MNet assets $45.0M
Operating margin
4.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$116.6M
Total liabilities
$71.6M
Net assets
$45.0M
Salaries & benefits
$84K
0% of expenses
Board members
1
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $336,766,644▲8.1% | $320,831,227▲2.2% | $44,971,759▲87.8% | $116,557,877▲22.7% | 990 |
| 2023 | $311,401,343▲3.8% | $313,853,981▲7.5% | $23,941,824▼19.7% | $94,956,631▲3.5% | 990 |
| 2022 | $300,017,079▲7.6% | $291,933,391▲5.8% | $29,804,971▲213% | $91,702,870▲2.0% | 990 |
| 2021 | $278,942,561▲6.2% | $275,938,227▲8.1% | $9,507,665▲255% | $89,943,779▲9.4% | 990 |
| 2020 | $262,604,585▼2.6% | $255,207,884▼4.4% | $2,676,911▲132% | $82,223,037▲11.8% | 990 |
| 2019 | $269,675,440▲2.6% | $267,020,174▲0.9% | -$8,396,328▲37.9% | $73,515,039▲13.0% | 990 |
| 2018 | $262,728,568▲1.5% | $264,710,966▲4.2% | -$13,529,017▲29.3% | $65,060,307▼8.0% | 990 |
| 2017 | $258,911,350▲10.6% | $254,087,482▲6.7% | -$19,132,951▲42.4% | $70,726,845▲13.2% | 990 |
| 2016 | $234,084,766▲5.2% | $238,132,517▲2.7% | -$33,215,992▲21.6% | $62,453,867▼2.8% | 990 |
| 2015 | $222,549,140▼13.8% | $231,951,418▼8.5% | -$42,355,283▼11.6% | $64,279,359▼14.4% | 990 |
| 2014 | $258,082,840▲4.7% | $253,493,228▲3.3% | -$37,965,506▲77.0% | $75,054,744▲3.6% | 990 |
| 2013 | $246,446,648 | $245,472,506▲5.0% | -$165,240,412▲16.3% | $72,435,672▲8.1% | 990 |
| 2012 | — | $233,688,497▼4.6% | -$197,383,496▼5.0% | $67,037,882▲15.6% | 990 |
| 2011 | — | $245,062,085▼5.6% | -$187,989,304▲17.0% | $57,996,512▲9.2% | 990 |
| 2010 | — | $259,717,169 | -$226,530,055 | $53,117,909 | 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 Bank of New York Mellon Trustee — $84,272 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| The Bank of New York Mellon Trustee | Trustee | 0 | $84,272 |
Frequently asked questions
- Is Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust a legitimate nonprofit?
- Yes. Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-6842498, based in New York, New York.
- What is Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's EIN?
- Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's Employer Identification Number (EIN) is 13-6842498.
- How much revenue does Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust report?
- Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust reported $336,766,644 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's highest-paid employee make?
- The highest reported compensation on Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's latest Form 990 is $84,272, paid to The Bank of New York Mellon Trustee (Trustee).
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Data for Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust (EIN 13-6842498) 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.