Nonprofits3M Employees Welfare Benefits Association Trust I

Mutual & Membership Benefit

3M Employees Welfare Benefits Association Trust I

ST PAUL, MN

Total revenue

$51.5M

Total expenses

$101.8M

Net assets

$76.4M

Grants received

EIN

411294448

Tax year

2024

Mission

Finance health care benefits provided to retired 3m employees.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.7M
Investment income$37.3M
Other revenue$8.6M
Total revenue$51.5M

Expenses

Grants paid
Salaries & benefits$52K
Fundraising
Other expenses$1.6M
Total expenses$101.8M
Total assets$81.6M
Net assets$76.4M

People

1 listed

NameRoleCompensation

THE BANK OF NEW YORK MELLON

TRUSTEE

Board

$52K

1 hrs/wk

Independent contractors

WILLIS TOWERS WATSON US LLC

RECORDKEEPING SVCS

$951K

Details

EIN411294448
NTEE codeY43
Subsection09
Ruling date1977-06
Formed1976
Employees0
Volunteers0
3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I — Mission, Financials & Grants Received | Grantivo