Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt
Marsh & Mclennan Employee Welfare Trust consistently maintains strong assets and zero officer compensation.
EIN: 133202585 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $9.6M |
| Transparency Score | 95/100 |
Is Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt (EIN: 133202585) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.8M and total assets of $23.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $22.3M |
| Total Liabilities | $12.8M |
| Net Assets | $9.6M |
| Operating Margin | 56.8% |
| Debt-to-Asset Ratio | 57.1% |
| Months of Reserves | 146.5 months |
Financial Health Grade: A
In 2023, Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt reported a surplus of $2.4M with revenue exceeding expenses, holds 146.5 months of operating reserves (strong position), has a debt-to-asset ratio of 57.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.3% | -0.7% | +7.3% |
| 2022 | +45.2% | -12.4% | -8.0% |
| 2021 | +0.1% | -1.7% | -3.3% |
| 2020 | -3.4% | -7.9% | -0.1% |
| 2019 | +6.4% | -0.9% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Cos Inc Employee Funded Welfare Benefits Tr Agreemt 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly favorable for a trust of this size.
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 Cos Inc Employee Funded Welfare Benefits Tr Agreemt:
- Consistent zero officer compensation, indicating high efficiency and focus on mission.
- Strong financial health with assets consistently exceeding liabilities (e.g., 2023 assets $22,328,584 vs. liabilities $12,760,341).
- Prudent expense management, with expenses significantly lower than revenue, leading to consistent surpluses (e.g., 2023 revenue $4,238,662 vs. expenses $1,829,133).
- Stable and growing asset base over multiple years, demonstrating long-term financial stability.
Frequently Asked Questions about Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt
Is Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt a legitimate charity?
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt (EIN: 133202585) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.8M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt spend its money?
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt tax-deductible?
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt is registered as a tax-exempt nonprofit (EIN: 133202585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt located?
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt is headquartered in New York, New York and files with the IRS under EIN 133202585.
How many years of IRS 990 filings does Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt have?
Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt 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 $5.8M in total revenue.
Is Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt a good charity?
Based on the financial data, the organization demonstrates strong financial health, consistent asset growth, and zero officer compensation, suggesting it is effectively managing funds for its intended welfare benefit purpose.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses well below its revenue. For example, in 2023, revenue was $4,238,662 while expenses were $1,829,133, resulting in a significant surplus that contributes to asset growth.
What is the trend in the organization's assets and liabilities?
The organization generally shows a healthy trend of increasing assets and managing liabilities. In 2023, assets were $22,328,584 against liabilities of $12,760,341, indicating a strong financial position and a positive net asset trend over time.
Filing History
IRS 990 filing history for Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt's revenue has declined by 51.9%, moving from $8.8M to $4.2M. Total assets decreased by 25.3% over the same period, from $29.9M to $22.3M. Total functional expenses fell by 81.1%, from $9.7M to $1.8M. In its most recent filing year (2023), Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $12.8M in liabilities against $22.3M in assets (debt-to-asset ratio: 57.1%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $1.8M | $22.3M | $12.8M | — | — |
| 2022 | $4.7M | $1.8M | $20.8M | $13.3M | — | View 990 |
| 2021 | $3.2M | $2.1M | $22.6M | $15.9M | — | View 990 |
| 2020 | $3.2M | $2.1M | $23.4M | $18.4M | — | View 990 |
| 2019 | $3.3M | $2.3M | $23.4M | $19.0M | — | — |
| 2018 | $3.1M | $2.3M | $20.9M | $18.5M | — | View 990 |
| 2017 | $3.0M | $2.3M | $21.1M | $21.9M | — | View 990 |
| 2016 | $3.0M | $2.6M | $20.9M | $22.9M | — | View 990 |
| 2015 | $3.0M | $3.0M | $20.9M | $26.1M | — | View 990 |
| 2014 | $10.0M | $10.4M | $21.5M | $27.4M | — | View 990 |
| 2013 | $10.6M | $10.1M | $21.1M | $28.1M | — | View 990 |
| 2012 | $9.4M | $17.5M | $21.3M | $23.8M | — | View 990 |
| 2011 | $8.8M | $9.7M | $29.9M | $22.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $1.8M, and assets of $22.3M (revenue -9.3% year-over-year).
- 2022: Revenue of $4.7M, expenses of $1.8M, and assets of $20.8M (revenue +45.2% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.1M, and assets of $22.6M (revenue +0.1% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.1M, and assets of $23.4M (revenue -3.4% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.3M, and assets of $23.4M (revenue +6.4% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.3M, and assets of $20.9M (revenue +4.7% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.3M, and assets of $21.1M (revenue -1.0% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.6M, and assets of $20.9M (revenue -0.3% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.0M, and assets of $20.9M (revenue -69.5% year-over-year).
- 2014: Revenue of $10.0M, expenses of $10.4M, and assets of $21.5M (revenue -6.0% year-over-year).
- 2013: Revenue of $10.6M, expenses of $10.1M, and assets of $21.1M (revenue +12.3% year-over-year).
- 2012: Revenue of $9.4M, expenses of $17.5M, and assets of $21.3M (revenue +6.8% year-over-year).
- 2011: Revenue of $8.8M, expenses of $9.7M, and assets of $29.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt:
Data Sources and Methodology
This transparency report for Marsh & Mclennan Cos Inc Employee Funded Welfare Benefits Tr Agreemt 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.