Public Charity

NATIONAL ACADEMY OF SCIENCES RET WELFARE

NATIONAL ACADEMY OF SCIENCES RET WELFARE is a nonprofit organization categorized as Public Charity based in PORTSMOUTH, NH. Its most recent IRS filing (2024) reports revenue of $2.7M, expenses of $1.8M, total assets of $69.4M.

EIN: 526976965 PORTSMOUTH, NH Support N.E.C. NTEE: U19 Latest filing: 2024

Total Revenue$2.7M

Total Expenses$1.8M

Total Assets$69.4M

Grant Records0

Filing Years2019–2024

Mission

DESCRIPTION OF ORGANIZATION MISSION: THE REPORTING ORGANIZATION NATIONAL ACADEMY OF SCIENCES RETIREE WELFARE BENEFIT PLAN TRUST (THE TRUST) WAS ORGANIZED AND WILL OPERATE FOR THE BENEFIT OF THE NATIONAL ACADEMY OF SCIENCES (NAS) FOR THE PRIMARY PURPOSE OF HOLDING, MANAGING AND INVESTING CERTAIN ASSETS OF THE NATIONAL ACADEMY OF SCIENCES RETIREE WELFARE BENEFIT PLAN ("PLAN") SAID ASSETS TO BE HELD IN TRUST FOR THE PURPOSE OF PAYING INSURANCE PREMIUMS UNDER THE PLAN ON BEHALF OF ELIGIBLE RETIREES AND OTHER PARTICIPANTS UNDER THE PLAN IN ACCORDANCE WITH THE TERMS OF THE PLAN AND REQUIREMENTS OF THE EMPLOYMENT RETIREMENT INCOME SECURITY ACT (ERISA).

Where $100 goes at National Academy of Sciences Ret Welfare

How National Academy of Sciences Ret Welfare divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$74 Programs the work itself

$26 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 $74 for programs

$70

Health insurance premiums

94% of program spending

Debit card activity and administration

5% of program spending

Life insurance premiums

1% of program spending

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	$2.7M	$1.8M	$69.4M
2023	$2.0M	$2.1M	$65.7M
2022	$6.4M	$1.9M	$59.0M
2020	$7.4M	$1.5M	$62.1M
2019	$3.5M	$1.4M	$52.6M

Between 2019 and 2024, reported annual revenue declined from $3.5M to $2.7M (-23%), with total assets most recently reported at $69.4M.

Interactive year-over-year charts and full filing details available with membership.

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