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Lucent Technologies Inc Post Retmt Welfare Benifits Tr For Non Rep Em

Organization summary

Type of Nonprofit

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

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$30.7M (2023)

Expenses
$57.6M (2023)

Total Assets
$397M (2023)

Total Liabilities
$65k (2023)

Years with multiple filings
Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,726,696
Expenses
$57,604,482
Net Income
-$26,877,786
Net Assets
$396,783,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,609,232
31.3%
Investment Income $9,270,316
30.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,847,148
38.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $396,848,116
Total Liabilities $65,002
Net Assets $396,783,114
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $11,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,622,401
Expenses
$60,476,913
Net Income
-$31,854,512
Net Assets
$372,926,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,996,570
38.4%
Investment Income $9,122,611
31.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,503,220
29.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $372,967,567
Total Liabilities $41,288
Net Assets $372,926,279
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $11,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$362,601,504
Expenses
$72,524,105
Net Income
$290,077,399
Net Assets
$502,401,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $332,126,636
91.6%
Investment Income $6,286,234
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $24,188,634
6.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $502,442,116
Total Liabilities $40,827
Net Assets $502,401,289
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $11,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$110,254,050
Expenses
$75,436,603
Net Income
$34,817,447
Net Assets
$196,889,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $100,865,394
91.5%
Investment Income $2,715,365
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,673,291
6.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $196,928,614
Total Liabilities $38,977
Net Assets $196,889,637
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $11,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,680,176
Expenses
$76,213,902
Net Income
-$33,533,726
Net Assets
$156,137,948
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,296,451
54.6%
Investment Income $4,157,052
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,226,673
35.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $156,181,386
Total Liabilities $43,438
Net Assets $156,137,948
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mello (Trustee) $11,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,674,905
Expenses
$69,559,937
Net Income
-$29,885,032
Net Assets
$173,498,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,655,510
62.1%
Investment Income $4,888,819
12.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,130,576
25.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $173,543,047
Total Liabilities $44,353
Net Assets $173,498,694
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $11,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,243,326
Expenses
$17,875,158
Net Income
-$3,631,832
Net Assets
$226,596,573
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,576,593
46.2%
Investment Income $1,146,807
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,519,926
45.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,875
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $226,631,938
Total Liabilities $35,365
Net Assets $226,596,573

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,790,175
Expenses
$76,933,329
Net Income
-$32,143,154
Net Assets
$227,866,722
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,302,744
67.7%
Investment Income $5,546,768
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,758,332
19.6%
Net Inventory Sales $0
Other Revenue $182,331
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $11,750
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $227,903,285
Total Liabilities $36,563
Net Assets $227,866,722

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,224,425
Expenses
$93,161,616
Net Income
-$22,937,191
Net Assets
$244,172,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,890,535
75.3%
Investment Income $6,144,344
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,189,546
15.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,000
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $244,209,208
Total Liabilities $36,545
Net Assets $244,172,663
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $10,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,843,759
Expenses
$104,473,076
Net Income
-$35,629,317
Net Assets
$257,880,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $55,312,024
80.3%
Investment Income $6,812,323
9.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,715,493
9.8%
Net Inventory Sales $0
Other Revenue $3,919
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $10,000
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $257,912,100
Total Liabilities $31,200
Net Assets $257,880,900
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $10,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,141,777
Expenses
$115,678,959
Net Income
-$15,537,182
Net Assets
$308,010,025
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $64,799,539
64.7%
Investment Income $7,500,067
7.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $27,842,171
27.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,000
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $308,052,325
Total Liabilities $42,300
Net Assets $308,010,025
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee) $10,000 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$96,382,480
Expenses
$115,563,759
Net Income
-$19,181,279
Net Assets
$321,233,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $72,293,320
75.0%
Investment Income $7,858,567
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,230,593
16.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,000
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $321,346,159
Total Liabilities $112,200
Net Assets $321,233,959

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,190,838
Expenses
$119,922,680
Net Income
-$21,731,842
Net Assets
$321,594,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,395,910
88.0%
Investment Income $8,365,992
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,317,102
3.4%
Net Inventory Sales $0
Other Revenue $111,834
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $10,000
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $321,619,444
Total Liabilities $25,200
Net Assets $321,594,244

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,855,784
Expenses
$130,266,171
Net Income
-$14,410,387
Net Assets
$309,295,874
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $100,915,107
87.1%
Investment Income $9,345,082
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,939,293
4.3%
Net Inventory Sales $0
Other Revenue $656,302
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $10,000
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $309,333,254
Total Liabilities $37,380
Net Assets $309,295,874

Document Links

Fiscal Year Ending Sept.
2010

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 Sept.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
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

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.

Which Organizations Are Here?

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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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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