1. Directory
  2. New Jersey
  3. Newark
  4. The Prudential Welfare Benefits Trust
EIN 25-6702878

The Prudential Welfare Benefits Trust

IRS 501(c) type
501(c)(9)
Num. employees
0
City
Newark
State
New Jersey
Year formed
2001
Most recent tax filings
2023-12-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
The Prudential Welfare Benefits Trust funds medical, dental, disability, and other welfare benefits for participants and their dependents in The Prudential Welfare Benefits Plan. It pays insurance carriers and contract administrators to provide these benefits.
Total revenues
$271,925,011
2023
Total expenses
$274,089,986
2023
Total assets
$20,749,048
2023
Num. employees
0
2023

Program areas at The Prudential Welfare Benefits Trust

Payments to insurance carriers and contract administrators for medical, dental, disability, and other Welfare Benefits to participants and their dependents in The Prudential Welfare Benefits plan.

Personnel at The Prudential Welfare Benefits Trust

NameTitle
Michael SimonettiVice President

Financials for The Prudential Welfare Benefits Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$272,012,758
Investment income and dividends$1,252,713
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,340,460
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$271,925,011

Form 990s for The Prudential Welfare Benefits Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-24990View PDF
...and 11 more Form 990s
Data update history
December 27, 2024
Updated personnel
Identified 2 new personnel
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Fraternal societiesMutual assistance organizationsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No full-time employees
General information
Address
751 Broad St 21st Floor
Newark, NJ 07102
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Phone
(973) 802-8664
IRS details
EIN
25-6702878
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Central organization
Free account sign-up

Want updates when The Prudential Welfare Benefits Trust has new information, or want to find more organizations like The Prudential Welfare Benefits Trust?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy