Skip to content
Nonprofiteer
← PRUDENTIAL RETIREE HEALTH BENEFITS TR

Form 990 for tax year 2024

Filed by PRUDENTIAL RETIREE HEALTH BENEFITS TR.

Totals

Total revenue
$96,050,944
Total expenses
$86,564,192
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$51,059,785
Investment income
$1,585,393
Other revenue
$43,405,766
Total assets, end of year
$975,718,925
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$975,718,925
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: INSURANCE CONTRACT CHANGE

    total $30,893,016 · related or exempt $30,893,016

  • 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS

    total $20,166,769 · related or exempt $20,166,769

  • 3 · Investment income

    total $1,585,393 · related or exempt -$58,346 · unrelated business $1,643,739

  • 11a · Other revenue: LIFE INSURANCE DEATH BENEFITS

    total $43,405,766 · related or exempt $43,405,766

  • 11e · Other revenue, total

    $43,405,766

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $85,914,192

  • 24a · Other expenses: ADMINISTRATIVE FEES

    total $650,000

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $29,207,141 · end of year $32,800,877

  • 12 · Investments: other securities

    beginning of year $937,025,032 · end of year $942,918,048

  • 29 · Capital stock, trust principal or current funds

    beginning of year $966,232,173 · end of year $975,718,925

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

THE PRUDENTIAL RETIREE HEALTH BENEFITS TRUST IS INTENDED TO FUND POST-RETIREMENT HEALTH BENEFITS PAYABLE TO PARTICIPANTS AND THEIR DEPENDENTS IN THE PRUDENTIAL RETIREE WELFARE BENEFITS PLAN.

  • PAYMENTS TO INSURANCE CARRIERS AND CONTRACT ADMINISTRATORS FOR POST-RETIREMENT HEALTH BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS IN THE PRUDENTIAL RETIREE WELFARE BENEFITS PLAN.

As filed on the 2024 return.

Listed in Part VII

  • Gary Neubeck

    MEMBER OF INV. OVERSIGHT COMMITTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Sara Bonesteel

    MEMBER OF INV. OVERSIGHT COMMITTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Kate Tekker

    MEMBER OF INV. OVERSIGHT COMMITTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Prudential Trust Company

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • THE PRUDENTIAL INS CO OF AMERICA

    C · INSURANCE · NJ

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513189349300831

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.