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Filing year 2023

3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I

St Paul, Minnesota·EIN 41-1294448·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$94.4M
Total assets
$173.3M
Total expenses
$127.1M
Reported officers
1
Mission

FINANCE HEALTH CARE BENEFITS PROVIDED TO RETIRED 3M EMPLOYEES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
Above 90th percentile
$113k
$124k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
0.1%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I

What does the Board Member of 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I earn?

In 2023, the Board Member of 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I received $112,600 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I falls in the top 10%. In 2023, the highest total compensation at 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I's revenue and expenses?

In 2023, 3M EMPLOYEES WELFARE BENEFITS ASSOCIATION TRUST I reported $94.4M in total revenue and $127.1M in total expenses on its IRS Form 990.

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