3M Employees Welfare Benefits Association Trust I
Revenue
$51.5m
year to 31 December 2024
Expenses
$101.8m
year to 31 December 2024
Total assets
$81.6m
$5.1m liabilities
Net assets
$76.4m
assets less liabilities
Directors and trustees
3
8.4y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
4
named in Part VII
3M Employees Welfare Benefits Association Trust I's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 1 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Gregg M Larson | Director | 2018 | 8 yrs |
| Marlene M McGrath | Director | 2018 | 8 yrs |
| Matthew J Ginter | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| David J Overstreet | Company secretary | 2018 |
| Dennis P Duerst | Treasurer | 2018 |
| Kimberly M Torseth | Assistant Treasurer | 2018 |
| Michael A Anderson | President | 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| The Bank of New York Mellon | Trustee | 1 | $52k |
About
- Legal name
- 3m Employees Welfare Benefits Association Trust I
- EIN
- 411294448
- Address
- 3m Center Bldg 223-2w-33, St Paul, MN, 55144-1001
- State
- Minnesota
- Mission
- Finance health care benefits provided to retired 3m employees. (as filed on the Form 990)
- Activity (NTEE)
- Y43 Mutual and membership benefit
- IRS classification
- 501(c)09 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 1976
- Principal officer
- The Bank of New York Mell (as named on the Form 990)
- IRS ruling date
- 1 June 1977
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 1, latest 2018
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsGregg M Larson
≥8years on the filingsMarlene M McGrath
≥8years on the filingsMatthew J Ginter
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $81.6m
- Total liabilities
- $5.1m
- Net assets or fund balances
- $76.4m
- Contributions and grants received
- $0
- Program service revenue
- $5.7m
- Employees
- 0