Mission
PROVIDE EMPLOYEES AND THEIR DEPENDENTS WELFARE BENEFIT PLANS FOR LIFE, SICKNESS, ACCIDENT, MEDICAL, DISABILITY, SEVERANCE, AND OTHER SIMILAR BENEFITS
Public Charity
BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST
BANK OF AMERICA GROUP BENEFITS PROGRAM TRUST is a Public Charity headquartered in DALLAS, TX. Financial data from the 2024 filing: $2.8B revenue, $2.8B expenses, $407.3M total assets.
EIN: 957055654
DALLAS, TX
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2024
Total Revenue$2.8B
Total Expenses$2.8B
Total Assets$407.3M
Grant Records0
Filing Years2021–2024
Where $100 goes at Bank of America Group Benefits Program Trust
How Bank of America Group Benefits Program 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
Provide employees and their dependents welfare benefit plans for life, sickness, accident, medical, disability, severance, and other similar benefits
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 | $2.8B | $2.8B | $407.3M |
| 2023 | $2.7B | $2.7B | $412.1M |
| 2022 | $2.5B | $2.5B | $431.4M |
| 2021 | $2.6B | $2.5B | $442.8M |
Between 2021 and 2024, reported annual revenue grew from $2.6B to $2.8B (+9%), with total assets most recently reported at $407.3M.
Interactive year-over-year charts and full filing details available with membership.