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Factory Mutual Insurance Company Postretirement Welfare Program

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$12.9M (2022)

Expenses
$14.4M (2022)

Total Assets
$155M (2022)

Total Liabilities
$15.4M (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,869,797
Expenses
$14,442,168
Net Income
-$1,572,371
Net Assets
$139,766,948
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,171,571
16.9%
Investment Income $2,766,657
21.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,931,569
61.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $155,197,107
Total Liabilities $15,430,159
Net Assets $139,766,948
Compensation
Key Employees and Officers Compensation Related Other
Sanjay Chawla (Chief Investment Officer Investments) $0 $0 $0
Deanna Fidler (Executive Vice President) $0 $0 $0
Jonathan I Mishara (Senior Vice President Governmental Affairs) $0 $0 $0
Carl Slater (Senior Vice President Human Resources) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,194,770
Expenses
$19,147,236
Net Income
$9,047,534
Net Assets
$164,638,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,666,875
13.0%
Investment Income $2,569,874
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $21,958,021
77.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $196,804,032
Total Liabilities $32,165,047
Net Assets $164,638,985
Compensation
Key Employees and Officers Compensation Related Other
Thomas A Lawson (President Ceo) $0 $0 $0
Jonathan I Mishara (Senior Vice President Governmental Affairs) $0 $0 $0
Deanna Fidler (Chief Human Resources Officer Human Resource) $0 $0 $0
Sanjay Chawla (Chief Investment Officer Investments) $0 $0 $0
Carl Slater (Senior Vice President Human Resources) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,027,434
Expenses
$14,614,998
Net Income
-$1,587,564
Net Assets
$147,033,210
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,441,186
11.1%
Investment Income $2,712,158
20.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,874,090
68.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $170,466,413
Total Liabilities $23,433,203
Net Assets $147,033,210
Compensation
Key Employees and Officers Compensation Related Other
Thomas A Lawson (President Ceo) $0 $0 $0
Jonathan I Mishara (Senior Vice President Governmental Affairs) $0 $0 $0
Deanna Fidler (Chief Human Resources Officer Human Resource) $0 $0 $0
Sanjay Chawla (Chief Investment Officer Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,769,312
Expenses
$18,967,032
Net Income
-$3,197,720
Net Assets
$138,939,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,527,618
22.4%
Investment Income $3,247,578
20.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,994,116
57.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $156,273,672
Total Liabilities $17,334,399
Net Assets $138,939,273

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,398,520
Expenses
$18,598,344
Net Income
-$2,199,824
Net Assets
$133,548,119
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,330,492
20.3%
Investment Income $3,179,046
19.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,888,982
60.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $137,173,654
Total Liabilities $3,625,535
Net Assets $133,548,119

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,983,658
Expenses
$19,068,565
Net Income
-$2,084,907
Net Assets
$154,621,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,158,909
18.6%
Investment Income $2,885,876
17.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,938,873
64.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $157,574,949
Total Liabilities $2,953,632
Net Assets $154,621,317

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,980,860
Expenses
$16,654,899
Net Income
-$4,674,039
Net Assets
$144,065,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,374,111
19.8%
Investment Income $2,790,610
23.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,816,139
56.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $146,437,869
Total Liabilities $2,372,422
Net Assets $144,065,447

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,206,646
Expenses
$15,744,783
Net Income
-$6,538,137
Net Assets
$145,965,211
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,078,363
33.4%
Investment Income $2,962,349
32.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,165,934
34.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $147,668,211
Total Liabilities $1,703,000
Net Assets $145,965,211

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,254,130
Expenses
$16,307,554
Net Income
-$4,053,424
Net Assets
$156,994,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,248,884
18.4%
Program Services $2,841,284
23.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,163,962
58.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $158,813,338
Total Liabilities $1,818,642
Net Assets $156,994,696

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,086,382
Expenses
$16,433,362
Net Income
$7,653,020
Net Assets
$155,832,917
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,881,865
61.8%
Program Services $0
Investment Income $2,471,657
10.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,732,860
28.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $155,988,969
Total Liabilities $156,052
Net Assets $155,832,917

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,105,997
Expenses
$14,734,740
Net Income
$7,371,257
Net Assets
$127,027,986
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,041,150
68.0%
Program Services $0
Investment Income $2,391,949
10.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,672,898
21.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $127,113,478
Total Liabilities $85,492
Net Assets $127,027,986

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,952,955
Expenses
$493,285
Net Income
$3,459,670
Net Assets
$111,062,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $427,569
10.8%
Program Services $0
Investment Income $2,071,554
52.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,453,832
36.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $113,005,692
Total Liabilities $1,943,125
Net Assets $111,062,567

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,512,861
Expenses
$791,695
Net Income
$1,721,166
Net Assets
$111,199,480
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,840,786
73.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $672,075
26.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $114,315,940
Total Liabilities $3,116,460
Net Assets $111,199,480

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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