Skip to content
Nonprofiteer
← All organizations

EXELON CORPORATION EMPLOYEES BENEFIT TRUST FOR UNION EMPLOYEES

EIN 36-3978080 CHICAGO, IL

Largest nonprofits in Illinois

Revenue 2024
$36,402,093
Expenses 2024
$59,210,196

As filed

Subsection
09
Classification
1000
Street
10 SOUTH DEARBORN 53RD FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

6 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

THE CORPORATION HAS CREATED THIS 501(C)(9) TAX-EXEMPT TRUST OF A VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION (VEBA). THE FUNDAMENTAL PURPOSE OF THE ASSOCIATION IS TO PROVIDE HEALTH BENEFITS TO RETIRED ELIGIBLE UNION EMPLOYEES OF THE CORPORATION.

Activities or mission (Part I)

TO PROVIDE HEALTH CARE BENEFITS TO THE PARTICIPATING MEMBERS OF THE VEBA.

  • THE VEBA TRUST PROVIDED BENEFITS FOR APPROXIMATELY 2,310 RETIRED UNION EMPLOYEE PARTICIPANTS AND THEIR SURVIVING SPOUSES FROM MEMBER AND EMPLOYER CONTRIBUTIONS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • The Northern Trust Company

    INSTITUTIONAL TRUSTEE

    Total calculated
    $37,713
    From this org
    $37,713
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $36,402,093
    Expenses
    $59,210,196
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $25,377,440
    Expenses
    $56,322,294
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $13,628,461
    Expenses
    $53,267,174
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    -$13,082,698
    Expenses
    $84,964,262
    Assets (EOY)
    $1,320,710,962
  • 2020 · 990

    Revenue
    $27,807,580
    Expenses
    $82,057,411
    Assets (EOY)
    $1,271,321,160
  • 2019 · 990

    Revenue
    -$16,173,599
    Expenses
    $79,117,200
    Assets (EOY)
    $1,222,823,077
  • 2018 · 990

    Revenue
    $26,297,116
    Expenses
    $77,868,310
    Assets (EOY)
    $1,146,884,124
  • 2017 · 990

    Revenue
    $11,223,546
    Expenses
    $73,980,671
    Assets (EOY)
    $1,242,513,461
  • 2016 · 990

    Revenue
    $42,062,593
    Expenses
    $71,846,443
    Assets (EOY)
    $1,145,476,280
  • 2015 · 990

    Revenue
    $11,050,125
    Expenses
    $70,206,796
    Assets (EOY)
    $1,136,958,165
  • 2013 · 990

    Revenue
    $51,693,433
    Expenses
    $64,318,339
    Assets (EOY)
    $1,046,364,308
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $63,181,035
    Assets (EOY)
    $988,802,116
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $60,579,313
    Assets (EOY)
    $836,717,262

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • EXELON GENERATION CO LLC

    POWER GENERATION · PA

  • EXELON BUSINESS SERVICES CO LLC

    SUPPORT SERVICES · DE

  • CNE GAS HOLDINGS LLC

    POWER GENERATION · KY

Related corporations and trusts on its 2024 return

  • EXELON CORPORATION

    C · HOLDING COMPANY · DE

  • COMED

    C · ELECTRIC DISTRIBUTION UTILITY · IL

  • CONSTELLATION POWER INC

    C · POWER GENERATION · MD

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.