Nonprofit · EIN 95-7055654
BANKAMERICA GROUP BENEFITS PROGRAM TR
Tax-exempt · DALLAS, TX 75265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,819,075,101 | $2,823,914,831 | -$4,839,730 | $407,252,163 | $0 | $407,252,163 |
| December 31, 2023 | 990 | $2,701,821,560 | $2,721,116,134 | -$19,294,574 | $412,091,893 | $0 | $412,091,893 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,808,163,393
- Investment income
- $10,911,708
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,684,553,814
- Compensation of officers, directors and key employees
- $86,365
- Salaries, compensation and benefits (total)
- $86,365
- Professional fundraising fees
- $0
- Program services (functional)
- $2,823,828,466
- Management and general (functional)
- $86,365
Balance sheet and other
- Total assets, start of year
- $412,091,893
- Total assets, end of year
- $407,252,163
- Total liabilities, end of year
- $0
- Net assets, end of year
- $407,252,163
- Publicly traded securities
- $502,221
- Gross unrelated business income
- $10,911,708
- Gross receipts
- $2,819,075,101
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- TX
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 |
|---|---|---|---|
| BANK OF AMERICA NA | TRUSTEE Institutional trustee | – | $86,365 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA NA | TRUSTEE Institutional trustee | – | $85,124 |
Address and contacts
- Address (IRS master file)
- PO BOX 653067, DALLAS, TX 75265-3067
- In care of
- % JAY SELWITZ
- Principal officer (990 for 2024)
- BANK OF AMERICA, 800 CAPITOL ST STE 1700, HOUSTON, TX 770022902
- Signed the 990
- BANK OF AMERICA N A, MANAGING DIR
- Phone
- (888) 866-3275
Mission
PROVIDE EMPLOYEES AND THEIR DEPENDENTS WELFARE BENEFIT PLANS FOR LIFE, SICKNESS, ACCIDENT, MEDICAL, DISABILITY, SEVERANCE, AND OTHER SIMILAR BENEFITS
Program accomplishments
- NONE
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 95-7055654
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $407,252,163
- Income (IRS master file)
- $2,819,075,101
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,819,075,101 | $2,823,914,831 | $407,252,163 | XML |
| 990 | December 2023 | $2,701,821,560 | $2,721,116,134 | $412,091,893 | XML |
| 990 | December 2022 | $2,534,814,259 | $2,546,210,273 | $431,386,467 | IRS |
| 990 | December 2021 | – | – | – | 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 95-7055654).
Questions about BANKAMERICA GROUP BENEFITS PROGRAM TR
- What is the EIN of BANKAMERICA GROUP BENEFITS PROGRAM TR?
- The employer identification number (EIN) of BANKAMERICA GROUP BENEFITS PROGRAM TR is 95-7055654.
- Is BANKAMERICA GROUP BENEFITS PROGRAM TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1999.
- Are donations to BANKAMERICA GROUP BENEFITS PROGRAM TR tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BANKAMERICA GROUP BENEFITS PROGRAM TR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BANKAMERICA GROUP BENEFITS PROGRAM 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 BANKAMERICA GROUP BENEFITS PROGRAM 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 BANKAMERICA GROUP BENEFITS PROGRAM TR?
- The 990 for the year ended December 31, 2024 names BANK OF AMERICA.
- Who are the officers and directors of BANKAMERICA GROUP BENEFITS PROGRAM TR?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $86,365 (BANK OF AMERICA NA, TRUSTEE).
- How much revenue does BANKAMERICA GROUP BENEFITS PROGRAM TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,819,075,101, expenses of $2,823,914,831 and total assets of $407,252,163 at year end.
Other nonprofits in DALLAS
- BAYLOR HEALTH CARE SYSTEMS EMPLOYEE WELFARE BENEFIT TRUST EIN 75-1848557 · last filed 990 for 2024
- BANK OF AMERCIA RETIREE GROUP BENEFITS PROGRAM EIN 30-6599079 · last filed 990 for 2024
- AT&T CORP MANAGEMENT & NONREPRESENT EMPLOYEES POSTRETIREMENT WELFARE EIN 10-0001927 · last filed 990 for 2024
- BANK OF AMERICA SHORT-TERM DISABILITY PLAN TRUST EIN 30-6454119 · last filed 990 for 2024
- MELWOOD HC FRINGE BENEFIT TR EIN 46-7095189 · last filed 990 for 2025
- PALMETTO GOODWILL SERVICES HEALTH AND WELFARE TRUST EIN 26-0002371 · last filed 990 for 2024
- ARCTIC SLOPE REGIONAL CORPORATION EMPLOYEE BENEFIT TRUST EIN 45-6194615 · last filed 990 for 2025
- MAVERICK CAPITAL LTD EMPLOYEE BENEFIT TR EIN 41-2066510 · last filed 990 for 2025
All nonprofits in DALLAS · Texas · Mutual and membership benefit