Overview

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Est.

1993

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The New York Life Insurance Company Employees' Health and Life Benefit Trust is a VEBA trust dedicated to prefunding life and health benefits for retired employees of New York Life Insurance Company. With an operating budget of $4.8 million and total revenue of $17.2 million for the 2024 filing year, the organization primarily relies on contributions from New York Life Insurance Company, which constitutes more than 50% of its revenue.

Mission Statement

ORGANIZATION IS A VEBA TRUST THAT RECEIVES CONTRIBUTIONS FROM NEW YORK LIFE INSURANCE COMPANY TO PREFUND LIFE AND HEALTH BENEFITS FOR RETIRED EMPLOYEES OF NEW YORK LIFE INSURANCE COMPANY.
Revenues
$17.2M
Expenses
$16M
Net Income:
+$1.1M
Assets
$569.6M
Liabilities
$0
Net Assets:
+$569.6M
Operating Budget
$4.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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A
Anthony Malloy
Board Member
W
Wesley Loden
Board Member
S
Scott Lenz
Board Member

Frequently Asked Questions

What is NEW YORK LIFE INSURANCE COMPANY EMPLOYEES' HEALTH AND LIFE BENEFIT TRUST’s budget?
In 2024, NEW YORK LIFE INSURANCE COMPANY EMPLOYEES' HEALTH AND LIFE BENEFIT TRUST reported an annual operating budget of around $4.8 million. More detailed financial information is available to registered users.
Where does NEW YORK LIFE INSURANCE COMPANY EMPLOYEES' HEALTH AND LIFE BENEFIT TRUST operate?
NEW YORK LIFE INSURANCE COMPANY EMPLOYEES' HEALTH AND LIFE BENEFIT TRUST is headquartered in Jersey City, NJ.