Mars Inc Voluntary Employees Beneficiary Association

Jerry R Parkin

Hackettstown, NJ
Tax-exempt since Feb. 1992
EIN: 36-3768068

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Type of Nonprofit

Designated as a 501(c)(9) Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Revenue

$24.8M (2022)

Expenses

$36.3M (2022)

Total Assets

$22.8M (2022)

Total Liabilities

$976k (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

Revenue

$24,840,832

Expenses

$36,313,263

Net Income

-$11,472,431

Net Assets

$21,838,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,928,682	35.9%
Investment Income	$1,367,198	5.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,544,952	58.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$72,573	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$22,814,073
Total Liabilities	$975,740
Net Assets	$21,838,333

Compensation

Key Employees and Officers	Compensation	Related	Other
The Northern Trust Company (Trustee)	$9,395	$0	$0

990

Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

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Fiscal Year Ending Dec.
2021

Revenue

$5,183,734

Expenses

$4,093,684

Net Income

$1,090,050

Net Assets

$57,226,513

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$2,738,309	52.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,445,425	47.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	-$13,645
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$57,633,749
Total Liabilities	$407,236
Net Assets	$57,226,513

Compensation

Key Employees and Officers	Compensation	Related	Other
The Northern Trust Company (Trustee)	$65,380	$0	$0

990

Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$18,427,348

Expenses

$24,871,069

Net Income

-$6,443,721

Net Assets

$50,032,541

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,177,318	55.2%
Investment Income	$1,617,894	8.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,632,136	36.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$9,320	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$51,070,947
Total Liabilities	$1,038,406
Net Assets	$50,032,541

Compensation

Key Employees and Officers	Compensation	Related	Other
The Northern Trust Company (Trustee)	$1,893	$0	$0

990

Filed on Nov. 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$24,769,632

Expenses

$45,604,303

Net Income

-$20,834,671

Net Assets

$59,289,074

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,422,553	42.1%
Investment Income	$1,698,023	6.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$12,649,056	51.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$78,021	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$62,947,996
Total Liabilities	$3,658,922
Net Assets	$59,289,074

Compensation

Key Employees and Officers	Compensation	Related	Other
The Northern Trust Com (Trustee)	$2,577	$0	$0

990

Filed on Nov. 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$34,297,756

Expenses

$50,485,598

Net Income

-$16,187,842

Net Assets

$77,780,229

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$11,151,843	32.5%
Investment Income	$2,756,964	8.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$20,388,949	59.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,791	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$86,239,318
Total Liabilities	$8,459,089
Net Assets	$77,780,229

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$7,171,684

Expenses

$6,184,687

Net Income

$986,997

Net Assets

$83,090,722

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,030,774	28.3%
Investment Income	$1,556,956	21.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,583,954	50.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,405	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$83,099,135
Total Liabilities	$8,413
Net Assets	$83,090,722

Compensation

Key Employees and Officers	Compensation	Related	Other
The Northern Trust Company (Trustee)	$18,405	$0	$0

990

Filed on Nov. 12, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$12,115,165

Expenses

$22,566,385

Net Income

-$10,451,220

Net Assets

$72,771,503

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$7,241,195	59.8%
Investment Income	$1,657,153	13.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,216,816	26.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$6,725	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$72,771,503
Total Liabilities	$0
Net Assets	$72,771,503

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$37,581,046

Expenses

$40,071,547

Net Income

-$2,490,501

Net Assets

$79,744,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,272,494	93.9%
Investment Income	$1,944,253	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$364,299	1.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$6,600	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$79,765,628
Total Liabilities	$20,842
Net Assets	$79,744,786

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$39,696,175

Expenses

$37,044,155

Net Income

$2,652,020

Net Assets

$83,492,394

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$38,027,613	95.8%
Investment Income	$1,633,198	4.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$35,364	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$6,600	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$83,520,579
Total Liabilities	$28,185
Net Assets	$83,492,394

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$31,976,012

Expenses

$31,535,552

Net Income

$440,460

Net Assets

$73,453,365

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$30,506,557	95.4%
Investment Income	$1,439,007	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,448	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$6,600	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$73,482,354
Total Liabilities	$28,989
Net Assets	$73,453,365

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$31,352,417

Expenses

$29,484,446

Net Income

$1,867,971

Net Assets

$59,897,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$29,944,187	95.5%
Investment Income	$1,332,510	4.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$75,720	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$9,000	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$59,923,573
Total Liabilities	$26,177
Net Assets	$59,897,396

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$31,000,391

Expenses

$29,192,155

Net Income

$1,808,236

Net Assets

$52,587,801

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$29,738,902	95.9%
Investment Income	$1,204,706	3.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$56,783	0.2%
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	$52,619,288
Total Liabilities	$31,487
Net Assets	$52,587,801

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$32,040,449

Expenses

$30,735,302

Net Income

$1,305,147

Net Assets

$50,330,648

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,105,158	3.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$50,448	0.2%
Net Inventory Sales	$0
Other Revenue	$30,884,843	96.4%

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	$50,363,074
Total Liabilities	$32,426
Net Assets	$50,330,648

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2007

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2006

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

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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

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By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Mars Inc Voluntary Employees Beneficiary Association

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $24.8M (2022)

Expenses $36.3M (2022)

Total Assets $22.8M (2022)

Total Liabilities $976k (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2009

Revenue

$24.8M (2022)

Expenses

$36.3M (2022)

Total Assets

$22.8M (2022)

Total Liabilities

$976k (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004