Connecticut Mutual Ins Co Voluntary Employee Beneficiary Tr

Organization Overview

Connecticut Mutual Ins Co Voluntary Employee Beneficiary Tr is located in Springfield, MA. The organization was established in 1990. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Mutual Ins Co Voluntary Employee Beneficiary Tr 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, Connecticut Mutual Ins Co Voluntary Employee Beneficiary Tr generated $17.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.4%) each year. All expenses for the organization totaled $278.5k during the year ending 12/2021. 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 CM VEBA TRUST WAS ESTABLISHED TO HOLD THE PLAN ASSETS TO PROVIDE FOR PAYMENT OF LIFE INSURANCE BENEFITS COVERING CERTAIN EMPLOYEES OF MASSMUTUAL LIFE INSURANCE COMPANY WHO WERE EMPLOYED OR PREVIOUSLY EMPLOYED BY CONNECTICUT MUTUAL LIFE INSURANCE COMPANY AT THE TIME OF THE MM/CM MERGER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CM VEBA TRUST WAS ESTABLISHED TO HOLD THE PLAN ASSETS TO PROVIDE PAYMENT OF LIFE INSURANCE BENEFITS COVERING CERTAIN EMPLOYEES OF MASSMUTUAL LIFE INSURANCE COMPANY WHO WERE EMPLOYED BY OR PREVIOUSLY EMPLOYED BY CONNECTICUT MUTUAL LIFE INSURANCE COMPANY AT THE TIME OF THE MASSMUTUAL/CONNECTICUT MUTUAL MERGER.


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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$0
Investment income $17
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 $17

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