THE ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA) TRUST. THE PURPOSE OF THE MASTER TRUST IS TO PROVIDE FOR THE CONTINUED FUNDING OF MEDICAL AND DENTAL BENEFIT PAYMENTS TO ACTIVE EMPLOYEES, THEIR DEPENDENTS AND BENEFICIARIES, AS AUTHORIZED AND DEFINED BY EACH OF THE HEALTH PLANS.
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.
| Position | Total |
|---|---|
Trustee Board Member Above 90th percentile | $148k $164k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
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 →Common questions about ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS
What does the Board Member of ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS earn?
In 2023, the Board Member of ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS received $148,213 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 ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS falls in the top 10%. In 2023, the highest total compensation at ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS equaled 0.1% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS's revenue and expenses?
In 2023, ELI LILLY & COMPANY MASTER TRUST FOR EMPLOYEE BENEFITS reported $418.3M in total revenue and $236.6M in total expenses on its IRS Form 990.
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