NFP500

#142 of 500 · Member & Benefit Funds

The Johnson & Johnson Voluntary Employee Benefit Trust

EIN 13-6371976 · MA · NTEE n/a · Form 990, fiscal 2023

Funds and pays benefits and administrative expenses for eligible Johnson & Johnson employees and their dependents under group life, accidental death and dismemberment, and certain medical plans. Administered on behalf of the company, it exists to finance employee welfare benefits rather than to operate public charitable programs.

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Financials, fiscal 2023

Revenue
$1.06B
Expenses
$1.05B
Total assets
$74.1M
Net assets
$74.1M
Operating margin
0.4%
1-year growth
4.3%
5-year growth (CAGR)
5.9%
Reserve (years of spending)
0.8
Contributions share
n/a
Programme spending
98.6%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
51

NFP Health Score: 46 / 100

Financial 11 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$837.8M
2020$850.5M
2021$917.0M
2022$1.01B
2023$1.06B