Lvmh Moet Hennessy Louis Vuitton Inc And Affiliated Co Emp Ben Tr

Organization Overview

Lvmh Moet Hennessy Louis Vuitton Inc And Affiliated Co Emp Ben Tr is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), 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. Lvmh Moet Hennessy Louis Vuitton Inc And Affiliated Co Emp Ben 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, Lvmh Moet Hennessy Louis Vuitton Inc And Affiliated Co Emp Ben Tr generated $92.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $93.9m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 HEALTH, DENTAL, OPTICAL, PRESCRIPTION DRUG AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES AND RETIREES OF LVMH MOET HENNESSY LOUIS VUITTON INC, AND AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES HEALTH, DENTAL, LIFE INSURANCE, DISABILITY AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES AND RETIREES OF LVMH MOET HENNESSY LOUIS VUITTON, INC. AND AFFILIATES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Empyrean Benefit Solutions Inc
Benefits Administration
$851,088
Metropolitan Life Insurance Co
Dental Claims Adjudication
$283,428
United Health Care Services Llc
Claims Adjudication
$3,243,867
Spielman Koenigsberg & Parker Llp
Accounting
$340,219
View All Vendors

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$88,169,440
Investment income $63,495
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 $92,351,523

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