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Nonprofit · EIN 92-6201940

THE NESTLE IN THE USA WELFARE BENEFIT TR

Also known as DOMINICK ALTIERI TTEE

Tax-exempt · SOLON, OH 44139

Financials

$123.4M$22.3M2023$33.2M$22.7M2024
Revenue Expenses · by fiscal year end
Financials of THE NESTLE IN THE USA WELFARE BENEFIT TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$33,198,204$22,725,227$10,472,977$121,277,462$0$121,277,462
December 31, 2023990$123,380,626$22,277,071$101,103,555$108,876,161$0$108,876,161
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$28,315,468
Investment income
$4,882,736
Net gain from sales of assets
$3,582,638
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$22,571,640
Compensation of officers, directors and key employees
$28,204
Salaries, compensation and benefits (total)
$28,204
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$108,876,161
Total assets, end of year
$121,277,462
Total liabilities, end of year
$0
Net assets, end of year
$121,277,462
Publicly traded securities
$77,005,961
Gross unrelated business income
$4,882,736
Gross receipts
$41,800,502
Employees
0
Volunteers
0
Year formed
2023
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
THE NORTHERN TRUST COMPANYTRUSTEE
Institutional trustee
1$28,204
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
THE NORTHERN TRUST COMPANYTRUSTEE
Institutional trustee
1$15,556

Address and contacts

Address (IRS master file)
30500 BAINBRIDGE RD, SOLON, OH 44139-2216
Principal officer (990 for 2024)
RUSSELL NISWANDER, 30500 BAINBRIDGE ROAD, SOLON, OH 44139
Signed the 990
RUSSELL NISWANDER, VICE PRESIDENT
Phone
(440) 264-7671
Return prepared by
KPMG LLP

Mission

PROVIDE HEALTH COVERAGE OR BENEFITS EXCLUSIVELY FOR ELIGIBLE RETIREES (AND THEIR ELIGIBLE DEPENDENTS AND BENEFICIARIES) UNDER ONE OR MORE GROUP BENEFIT PLANS MAINTAINED BY NESTLE USA, INC. AND CERTAIN OF ITS AFFILIATES.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-6201940
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$121,277,462
Income (IRS master file)
$41,800,502

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$33,198,204$22,725,227$121,277,462XML
990December 2023$123,380,626$22,277,071$108,876,161XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-6201940).

Questions about THE NESTLE IN THE USA WELFARE BENEFIT TR

What is the EIN of THE NESTLE IN THE USA WELFARE BENEFIT TR?
The employer identification number (EIN) of THE NESTLE IN THE USA WELFARE BENEFIT TR is 92-6201940.
Is THE NESTLE IN THE USA WELFARE BENEFIT TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2025.
Which annual return does THE NESTLE IN THE USA WELFARE BENEFIT TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE NESTLE IN THE USA WELFARE BENEFIT TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE NESTLE IN THE USA WELFARE BENEFIT TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE NESTLE IN THE USA WELFARE BENEFIT TR?
The 990 for the year ended December 31, 2024 names RUSSELL NISWANDER.
Who are the officers and directors of THE NESTLE IN THE USA WELFARE BENEFIT TR?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $28,204 (THE NORTHERN TRUST COMPANY, TRUSTEE).
How much revenue does THE NESTLE IN THE USA WELFARE BENEFIT TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $33,198,204, expenses of $22,725,227 and total assets of $121,277,462 at year end.

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