Procter & Gamble Company Retiree Benefit Tr
501(c)(9)
Only null% goes to programs Thin reserves Declining revenue
Procter & Gamble Company Retiree Benefit Tr is a 501(c)(9) organization based in Cincinnati, Ohio, registered in 1994, with $153,292,423 in FY2023 revenue. CharityIndex grades it D.
2 Procter and Gamble Plz, Cincinnati, OH, 45202 EIN 31-1383353 Since 1994
Revenue (FY2023)
$153.3M
▼ 17.7% vs prior year
Expenses (FY2023)
$173.6M
Net assets
$10.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Procter & Gamble Company Retiree Benefit Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -13% 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 Procter & Gamble Company Retiree Benefit Tr: 1 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
FGovernance25% of the rating0 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 Procter & Gamble Company Retiree Benefit Tr: 0 of 6 checks met earns a F 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 Procter & Gamble Company Retiree Benefit Tr: 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
To provide retiree medical benefits for the u.s. procter & gamble company retired employees.
Contact & location
- Address
- 2 Procter and Gamble Plz, Cincinnati, OH, 45202
- City
- Cincinnati
- State
- Ohio
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $161.7M (FY2013) to $153.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.6MNet assets $10.7M
Operating margin
-13.2%
Spent more than it raised in the latest fiscal year.
Total assets
$12.3M
Total liabilities
$1.6M
Net assets
$10.7M
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $153,292,423▼17.7% | $173,603,024▲0.9% | $10,705,517▼65.5% | $12,290,768▼63.4% | 990 |
| 2022 | $186,236,483▲2.4% | $172,022,451▼9.6% | $31,016,118▲84.6% | $33,542,119▲81.6% | 990 |
| 2021 | $181,903,633▼3.2% | $190,264,543▲3.0% | $16,802,086▼33.2% | $18,467,431▼32.0% | 990 |
| 2020 | $187,884,661▼1.9% | $184,708,692▲0.9% | $25,162,996▲14.4% | $27,143,478▲12.8% | 990 |
| 2019 | $191,480,131▲2.4% | $183,021,331▲1.1% | $21,987,027▲62.5% | $24,073,670▲53.8% | 990 |
| 2018 | $187,075,022▲3.7% | $181,105,252▲0.2% | $13,528,227▲79.0% | $15,652,049▲59.0% | 990 |
| 2017 | $180,438,560▲25.3% | $180,810,200▲2.8% | $7,558,457▼4.7% | $9,844,633▼4.8% | 990 |
| 2016 | $144,028,913▼11.7% | $175,901,015▲2.6% | $7,930,097▼80.1% | $10,344,572▼75.9% | 990 |
| 2015 | $163,040,721▲6.2% | $171,515,861▲0.1% | $39,804,289▼17.6% | $42,961,514▼16.8% | 990 |
| 2014 | $153,581,294▼5.0% | $171,284,758▲2.3% | $48,280,034▼26.7% | $51,613,336▼25.6% | 990 |
| 2013 | $161,691,326 | $167,354,656▲33.2% | $65,909,036▼7.6% | $69,401,626▼7.4% | 990 |
| 2012 | — | $125,602,961▼33.1% | $71,334,796▲461% | $74,957,995▲355% | 990 |
| 2011 | — | $187,832,480▲6.4% | $12,704,415▼40.0% | $16,470,111▼22.2% | 990 |
| 2010 | — | $176,549,538 | $21,156,640 | $21,156,640 | 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 (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin Whitham | Investment Committee Membe | 0.1 | — |
| Laurie Alagha | Investment Committee Membe | 0.1 | — |
| Matt Janzaurk | Investment Committee Membe | 0.1 | — |
| The Northern Trust Company | Trustee | 0.1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| United Healthcare Insurance Company | Claims Processing | $2,902,326 |
| Cigna Health and Life Insurance Company | Administration Svcs. | $529,643 |
| Metropolitan Life Insurance Company | Claims Processing | $400,518 |
| Best Doctors | Claims Processing | $111,586 |
Frequently asked questions
- Is Procter & Gamble Company Retiree Benefit Tr a legitimate nonprofit?
- Yes. Procter & Gamble Company Retiree Benefit Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 31-1383353, based in Cincinnati, Ohio.
- What is Procter & Gamble Company Retiree Benefit Tr's EIN?
- Procter & Gamble Company Retiree Benefit Tr's Employer Identification Number (EIN) is 31-1383353.
- How much revenue does Procter & Gamble Company Retiree Benefit Tr report?
- Procter & Gamble Company Retiree Benefit Tr reported $153,292,423 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Procter & Gamble Company Retiree Benefit Tr have?
- CharityIndex grades Procter & Gamble Company Retiree Benefit Tr D, based on financial health (reserves and operating margin).
- How much does Procter & Gamble Company Retiree Benefit Tr's highest-paid employee make?
- The highest reported compensation on Procter & Gamble Company Retiree Benefit Tr's latest Form 990 is $0, paid to Kevin Whitham (Investment Committee Membe).
More nonprofits in Cincinnati
Explore more
Data for Procter & Gamble Company Retiree Benefit Tr (EIN 31-1383353) 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.