Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust
Marsh & Mclennan Welfare Benefit Trust consistently directs funds to benefits with no reported officer compensation.
EIN: 136842498 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $336.8M |
| Total Expenses | $313.9M |
| Program Spending | 99% |
| Net Assets | $23.9M |
| Transparency Score | 95/100 |
Is Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust (EIN: 136842498) is a nonprofit organization based in New York, NY. The organization reported total revenue of $336.8M and total assets of $116.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust is a major nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $311.4M |
| Total Expenses | $313.9M |
| Surplus / Deficit | $-2,452,638 |
| Total Assets | $95.0M |
| Total Liabilities | $71.0M |
| Net Assets | $23.9M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 74.8% |
| Months of Reserves | 3.6 months |
Financial Health Grade: C
In 2023, Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust reported a deficit of $2.5M with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 74.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +7.5% | +3.5% |
| 2022 | +7.6% | +5.8% | +2.0% |
| 2021 | +6.2% | +8.1% | +9.4% |
| 2020 | -2.6% | -4.4% | +11.8% |
| 2019 | +2.6% | +0.9% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.8%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported on the 990, which is common for employer-funded trusts where administrative costs are absorbed by the sponsoring company.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust:
- Consistent financial stability with revenues generally matching or exceeding expenses (e.g., $311,401,343 revenue vs. $313,853,981 expenses in 2023).
- Zero reported officer compensation across all filings, indicating high efficiency in directing funds to its purpose.
- Strong program spending ratio, with nearly all expenses dedicated to welfare benefits.
- Consistent growth in assets over time, from $64,279,359 in 2015 to $94,956,631 in 2023.
- Regular and transparent IRS 990 filings over 13 periods.
Frequently Asked Questions about Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust
Is Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust (EIN: 136842498) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust spend its money?
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust tax-deductible?
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust is registered as a tax-exempt nonprofit (EIN: 136842498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust located?
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust is headquartered in New York, New York and files with the IRS under EIN 136842498.
How many years of IRS 990 filings does Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust have?
Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $336.8M in total revenue.
Is Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust a good charity?
Given its structure as an employer-funded welfare benefit trust, it is not a 'charity' in the traditional sense that solicits public donations. However, it appears to be a highly efficient and well-managed trust, effectively fulfilling its purpose of providing welfare benefits to employees, with virtually all expenses directed towards its program services.
How does the organization manage its liabilities?
The organization has consistently managed its liabilities, which have fluctuated but remained within reasonable bounds relative to its assets. For example, in 2023, liabilities were $71,014,807 against assets of $94,956,631, indicating a healthy asset-to-liability ratio.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the years, growing from $64,279,359 in 2015 to $94,956,631 in 2023, demonstrating financial growth and stability.
Filing History
IRS 990 filing history for Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust's revenue has grown by 24.4%, moving from $250.3M to $311.4M. Total assets increased by 63.7% over the same period, from $58.0M to $95.0M. Total functional expenses rose by 28.1%, from $245.1M to $313.9M. In its most recent filing year (2023), Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $71.0M in liabilities against $95.0M in assets (debt-to-asset ratio: 74.8%), resulting in net assets of $23.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $311.4M | $313.9M | $95.0M | $71.0M | — | — |
| 2022 | $300.0M | $291.9M | $91.7M | $61.9M | — | View 990 |
| 2021 | $278.9M | $275.9M | $89.9M | $80.4M | — | View 990 |
| 2020 | $262.6M | $255.2M | $82.2M | $79.5M | — | View 990 |
| 2019 | $269.7M | $267.0M | $73.5M | $81.9M | — | — |
| 2018 | $262.7M | $264.7M | $65.1M | $78.6M | — | View 990 |
| 2017 | $258.9M | $254.1M | $70.7M | $89.9M | — | View 990 |
| 2016 | $234.1M | $238.1M | $62.5M | $95.7M | — | View 990 |
| 2015 | $222.5M | $232.0M | $64.3M | $106.6M | — | View 990 |
| 2014 | $258.1M | $253.5M | $75.1M | $113.0M | — | View 990 |
| 2013 | $246.4M | $245.5M | $72.4M | $237.7M | — | View 990 |
| 2012 | $240.6M | $233.7M | $67.0M | $264.4M | — | View 990 |
| 2011 | $250.3M | $245.1M | $58.0M | $246.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $311.4M, expenses of $313.9M, and assets of $95.0M (revenue +3.8% year-over-year).
- 2022: Revenue of $300.0M, expenses of $291.9M, and assets of $91.7M (revenue +7.6% year-over-year).
- 2021: Revenue of $278.9M, expenses of $275.9M, and assets of $89.9M (revenue +6.2% year-over-year).
- 2020: Revenue of $262.6M, expenses of $255.2M, and assets of $82.2M (revenue -2.6% year-over-year).
- 2019: Revenue of $269.7M, expenses of $267.0M, and assets of $73.5M (revenue +2.6% year-over-year).
- 2018: Revenue of $262.7M, expenses of $264.7M, and assets of $65.1M (revenue +1.5% year-over-year).
- 2017: Revenue of $258.9M, expenses of $254.1M, and assets of $70.7M (revenue +10.6% year-over-year).
- 2016: Revenue of $234.1M, expenses of $238.1M, and assets of $62.5M (revenue +5.2% year-over-year).
- 2015: Revenue of $222.5M, expenses of $232.0M, and assets of $64.3M (revenue -13.8% year-over-year).
- 2014: Revenue of $258.1M, expenses of $253.5M, and assets of $75.1M (revenue +4.7% year-over-year).
- 2013: Revenue of $246.4M, expenses of $245.5M, and assets of $72.4M (revenue +2.4% year-over-year).
- 2012: Revenue of $240.6M, expenses of $233.7M, and assets of $67.0M (revenue -3.9% year-over-year).
- 2011: Revenue of $250.3M, expenses of $245.1M, and assets of $58.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust:
Data Sources and Methodology
This transparency report for Marsh & Mclennan Companies Employer Funded Welfare Benefit Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.