Mission
THIS IS A VOLUNTARY EMPLOYEE'S BENEFICIARY ASSOCIATION TRUST (VEBA). THE VEBA WAS ESTABLISHED TO FUND AND ADMINISTER THE SELF INSURED BENEFITS OF CERTAIN JOHN HANCOCK LIFE INS CO EMPLOYEES, DEPENDENTS AND RETIREES.
Public Charity
JOHN HANCOCK LIFE INS CO EMPLOYEE WELFARE TRUST
JOHN HANCOCK LIFE INS CO EMPLOYEE WELFARE TRUST is a nonprofit organization categorized as Public Charity based in BOSTON, MA. Its most recent IRS filing (2024) reports revenue of $95.4M, expenses of $87.8M, total assets of $105.6M.
EIN: 043105469
BOSTON, MA
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2024
Total Revenue$95.4M
Total Expenses$87.8M
Total Assets$105.6M
Grant Records0
Filing Years2020–2024
Where $100 goes at John Hancock Life Ins Co Employee Welfare Trust
How John Hancock Life Ins Co Employee Welfare Trust divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
This is a voluntary employee's beneficiary association trust (veba)
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $95.4M | $87.8M | $105.6M |
| 2023 | $87.4M | $94.5M | $116.4M |
| 2022 | $83.5M | $21.0M | $119.8M |
| 2020 | $79.3M | $100.1M | $174.4M |
Between 2020 and 2024, reported annual revenue grew from $79.3M to $95.4M (+20%), with total assets most recently reported at $105.6M.
Interactive year-over-year charts and full filing details available with membership.