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Filing year 2024

JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST

Glenrock, New Jersey·EIN 52-1610808·9
Total revenue
$161k
Total assets
$3.3M
Total expenses
$18k
Reported officers
1
Mission

THE VEBA HAS BEEN ESTABLISHED AND MAINTAINED AS A MEANS OF FUNDING, PAYING BENEFITS AND ADMINSTRATIVE EXPENSES FOR ELIGIBLE SALARIED AND OTHER EMPLOYEES (AND THEIR ELIGIBLE AND ENROLLED DEPENDENTS) WHO ARE PARTICIPANTS IN THE GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE PLANS MAINTAINED BY JOHNSON & JOHNSON AND ITS AFFILIATED COMPANIES.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Institutional Trustee
Board Member
Median to 75th percentile
$18k
$19k

Teal figures restate each filed amount in 2026 dollars.

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

Climbed 5%
over 3 years

From $17k in 2021 to $18k in 2024.

$17k
2021
$17k
2023
$18k
2024
In today's dollarsEst.
Down 8% in real terms$21k to $19k

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

Pay for the position

Board Member pay rose 5% from 2021 to 2024, while revenue rose 20647%.

$17k in 2021 to $18k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST reported revenue and expenses across 3 filing years.

RevenueExpenses
$774
$17k
2021
$149k
$17k
2023
$161k
$18k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST

What does the Board Member of JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST earn?

In 2024, the Board Member of JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST received $17,722 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST falls between the median and the 75th percentile.

What are JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST's revenue and expenses?

In 2024, JOHNSON & JOHNSON GROUP LIFE BENEFIT TRUST reported $161k in total revenue and $18k in total expenses on its IRS Form 990.

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