S C Johnson & Son Inc Retiree Medical Benefits Tr

Organization Overview

S C Johnson & Son Inc Retiree Medical Benefits Tr is located in Racine, WI. The organization was established in 2007. 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. S C Johnson & Son Inc Retiree Medical Benefits 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, S C Johnson & Son Inc Retiree Medical Benefits Tr generated $40.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $28.1m during the year ending 12/2021. While expenses have increased by 5.5% 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

TO HOLD THE ASSETS OF THE S.C. JOHNSON & SON, INC. RETIREE MEDICAL BENEFIT PLAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FUNDS FOR RETIREE MEDICAL, HOSPITALIZATION, AND HEALTH CARE BENEFITS.


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Board, Officers & Key Employees

Name (title)Compensation
David Isaacson
Secretary
$0
Cheryl Truesdale
Trustee (through 3/2021)
$0
Nadia Estrada
Trustee (as Of 3/2021)
$0
Jay Gueldner
Chair
$0
Joe Mead
Trustee
$0

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 $4,759,377
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $35,417,265
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $40,176,642

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