Jpmorgan Chase Veba Tr For Key Retirees

Organization Overview

Jpmorgan Chase Veba Tr For Key Retirees is located in Jersey City, NJ. The organization was established in 2019. According to its NTEE Classification (Y35) the organization is classified as: Multi-Employer Pension Plans, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jpmorgan Chase Veba Tr For Key Retirees is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Jpmorgan Chase Veba Tr For Key Retirees generated $72.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $72.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY EXEMPT PURPOSE OF THE VEBA TRUST IS TO PROVIDE LIFE INSURANCE,MEDICAL, AND/OR OTHER BENEFITS FOR CERTAIN JPMORGAN CHASE RETIREES AND THEIR ELIGIBLE DEPENDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYMENTS OF BENEFITS FOR PLAN PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS AND PLAN ADMINISTRATIVE EXPENSES UNDER THE JPMORGAN CHASE VEBA TRUST FOR KEY RETIREES


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$72,220
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $72,220

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