Exelon Corporation Employees Benefit Trust For Union Employees

Organization Overview

Exelon Corporation Employees Benefit Trust For Union Employees is located in Chicago, IL. The organization was established in 1996. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH CARE BENEFITS TO THE PARTICIPATING MEMBERS OF THE VEBA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VEBA TRUST PROVIDED BENEFITS FOR APPROXIMATELY 2,352 RETIRED UNION EMPLOYEE PARTICIPANTS AND THEIR SURVIVING SPOUSES FROM MEMBER AND EMPLOYER CONTRIBUTIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
American Specialty Health Management Inc
Health Care Management
$187,786
Alight Solutions Llc
Benefit Administration
$925,044
Exelon Business Services Company
Business Support Services
$200,294
Blackrock Financial Management
Investment Management
$1,015,489
Morgan Stanley Investment Mgmt Ltd
Investment Management
$476,443
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $18,546,583
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$46,028,924
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue -$16,173,599

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