Mission
TO PROVIDE HEALTH, DENTAL, VISION, AND LIFE INSURANCE FOR ALL EMPLOYEES OF THE MICHAELS ORGANIZATION. THIS WAS ACCOMPLISHED BY BOTH EMPLOYEE AND EMPLOYER CONTRIBUTIONS TO THE TRUST FUND, INSURANCE PRODUCTS AND PLAN ADMINISTRATION.
Public Charity
THE MICHAELS ORGANIZATION VOLUNTARY EMPLOYEE BENEFIT TRUST
THE MICHAELS ORGANIZATION VOLUNTARY EMPLOYEE BENEFIT TRUST is a Public Charity headquartered in MARLTON, NJ. Financial data from the 2025 filing: $24.9M revenue, $25.3M expenses, $11.7M total assets.
EIN: 225073087
MARLTON, NJ
Latest filing: 2025
Total Revenue$24.9M
Total Expenses$25.3M
Total Assets$11.7M
Grant Records0
Filing Years2021–2025
Where $100 goes at The Michaels Organization Voluntary Employee Benefit Trust
How The Michaels Organization Voluntary Employee Benefit Trust divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$56
Programs
the work itself
$44
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 $56 for programs
$56
To provide health, dental, vision, and life insurance for all employees of the michaels organization
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TRUSTEE
Donald L Miller
TRUSTEE (THRU 08/24)
John O'donell
TRUSTEE
Mark Morgan
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $24.9M | $25.3M | $11.7M |
| 2024 | $23.0M | $24.2M | $12.0M |
| 2023 | $21.1M | $20.9M | $11.4M |
| 2022 | $21.9M | $22.2M | $11.2M |
| 2021 | $21.7M | $20.1M | $11.0M |
Between 2021 and 2025, reported annual revenue grew from $21.7M to $24.9M (+15%), with total assets most recently reported at $11.7M.
Interactive year-over-year charts and full filing details available with membership.