Nonprofit · EIN 34-1346862
ERNST & YOUNG BENEFIT TR
Tax-exempt · SECAUCUS, NJ 07094
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,299 | $78,453 | -$75,154 | $22,742 | $0 | $22,742 |
| December 31, 2023 | 990 | $165,044 | $95,950 | $69,094 | $97,896 | $0 | $97,896 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $3,299
- Tax-exempt bond proceeds
- $3,299
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $78,453
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $97,896
- Total assets, end of year
- $22,742
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,742
- Publicly traded securities
- $22,742
- Gross receipts
- $3,299
- Employees
- 0
- Year formed
- 1982
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sean O'Donnell | Administrative Committee Chair Trustee or director | 0 | $0 |
| Diane Blessinger | Investment Committee Member Trustee or director | 0 | $0 |
| Walter Kress | Investment Committee Member Trustee or director | 0 | $0 |
| Michael DeFrancisci | Admin Committee Member Trustee or director | 0 | $0 |
| Midwest Institutional Trust | Institutional Trustee Institutional trustee | 0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sean O'Donnell | Administrative Committee Chair Trustee or director | 0 | $0 |
| Diane Blessinger | Investment Committee Member Trustee or director | 0 | $0 |
| Walter Kress | Investment Committee Member Trustee or director | 0 | $0 |
| Michael DeFrancisci | Admin Committee Member Trustee or director | 0 | $0 |
| Jon Glazer | Invest Admin Committee Member Trustee or director | 0 | $0 |
| BMO | Institutional Trustee Institutional trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 PLAZA DRIVE, SECAUCUS, NJ 07094-3607
- In care of
- % MICHAEL DEFRANCISCI
- Principal officer (990 for 2024)
- Sean T O'Donnell, 200 Plaza Drive, Secaucus, NJ 07094
- Signed the 990
- Sean T O'Donnell, EY Benefits Director
- Phone
- (201) 872-2988
Mission
THE VEBA TRUST IS ASSOCIATED WITH THE ERNST & YOUNG GROUP TERM LIFE INSURANCE PLAN. THE PLAN OFFERS LIFE INSURANCE BENEFITS TO ITS PARTICIPANTS.
Program accomplishments
- Benefits paid
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1346862
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $22,742
- Income (IRS master file)
- $3,299
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,299 | $78,453 | $22,742 | XML |
| 990 | December 2023 | $165,044 | $95,950 | $97,896 | XML |
| 990 | December 2022 | $1,273,766 | $1,403,541 | $28,802 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1346862).
Questions about ERNST & YOUNG BENEFIT TR
- What is the EIN of ERNST & YOUNG BENEFIT TR?
- The employer identification number (EIN) of ERNST & YOUNG BENEFIT TR is 34-1346862.
- Is ERNST & YOUNG BENEFIT TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1982.
- Are donations to ERNST & YOUNG BENEFIT TR tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ERNST & YOUNG BENEFIT TR file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ERNST & YOUNG BENEFIT TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ERNST & YOUNG BENEFIT TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ERNST & YOUNG BENEFIT TR?
- The 990 for the year ended December 31, 2024 names Sean T O'Donnell.
- Who are the officers and directors of ERNST & YOUNG BENEFIT TR?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ERNST & YOUNG BENEFIT TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,299, expenses of $78,453 and total assets of $22,742 at year end.
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