NonprofitsThe Johnson & Johnson Voluntary Employee Benefit Trust

The Johnson & Johnson Voluntary Employee Benefit Trust

QUINCY, MA

Total revenue

$1.1B

Total expenses

$1.1B

Net assets

$63.5M

Grants received

EIN

136371976

Tax year

2024

Mission

The veba has been established and maintained as a means of funding and paying benefits and administrative expenses for eligible employees (and their eligible and enrolled dependents) who are participating in the group life and accidental death & dismemberment insurance plans maintained by johnson & johnson and its affiliated companies.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.1B
Investment income$2.4M
Other revenue
Total revenue$1.1B

Expenses

Grants paid
Salaries & benefits$11K
Fundraising
Other expenses$23.1M
Total expenses$1.1B
Total assets$63.5M
Net assets$63.5M

People

1 listed

NameRoleCompensation

STATE STREET BANK

INSTITUTIONAL TRUSTEE

Board

$11K

1 hrs/wk

Independent contractors

AETNA

CLAIMS SERVICE PROVIDER

$10.4M

ALIGHT

RECORDKEEPER

$4.5M

PREMISE HEALTH

CLAIMS SERVICE PROVIDER

$3.3M

EXPRESS SCRIPTS

CLAIMS SERVICE PROVIDER

$2.3M

MERATIVE

CLAIMS SERVICE PROVIDER

$776K

Details

EIN136371976
Subsection09
Ruling date1972-02
Formed1971
Employees0
Volunteers0
THE JOHNSON & JOHNSON VOLUNTARY EMPLOYEE BENEFIT TRUST — Mission, Financials & Grants Received | Grantivo