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John Hancock Mutual Life Insurance Company Empl Welfare Trust

Employee Welfare Trust

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
$87.4M (2023)

Expenses
$94.5M (2023)

Total Assets
$116M (2023)

Total Liabilities
$198M (2023)

Source: Form 990 tax filings from 2008 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
$87,376,529
Expenses
$94,544,616
Net Income
-$7,168,087
Net Assets
-$81,290,488
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $84,005,765
96.1%
Investment Income $3,370,764
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $116,365,972
Total Liabilities $197,656,460
Net Assets -$81,290,488
Compensation
Key Employees and Officers Compensation Related Other
John Hancock Life Insurance Co (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$83,538,760
Expenses
$20,952,737
Net Income
$62,586,023
Net Assets
-$78,742,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $79,551,708
95.2%
Investment Income $3,987,052
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $119,835,629
Total Liabilities $198,577,736
Net Assets -$78,742,107
Compensation
Key Employees and Officers Compensation Related Other
John Hancock Life Insurance Co (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,995,836
Expenses
$66,186,551
Net Income
$13,809,285
Net Assets
-$109,747,077
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $75,179,948
94.0%
Investment Income $4,815,888
6.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $154,555,695
Total Liabilities $264,302,772
Net Assets -$109,747,077
Compensation
Key Employees and Officers Compensation Related Other
John Hancock Life Insurance Co (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,327,345
Expenses
$100,110,989
Net Income
-$20,783,644
Net Assets
-$117,815,277
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $74,631,694
94.1%
Investment Income $4,695,651
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $174,367,129
Total Liabilities $292,182,406
Net Assets -$117,815,277
Compensation
Key Employees and Officers Compensation Related Other
John Hancock Life Insurance Co (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$72,422,570
Expenses
$104,953,255
Net Income
-$32,530,685
Net Assets
-$104,125,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $68,641,203
94.8%
Investment Income $3,781,367
5.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $176,603,250
Total Liabilities $280,728,640
Net Assets -$104,125,390

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,466,579
Expenses
$45,656,847
Net Income
$36,809,732
Net Assets
-$82,868,737
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $77,695,865
94.2%
Investment Income $4,770,714
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $185,678,970
Total Liabilities $268,547,707
Net Assets -$82,868,737

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$83,377,411
Expenses
$91,539,365
Net Income
-$8,161,954
Net Assets
-$100,988,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $79,560,733
95.4%
Investment Income $3,816,678
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $128,230,151
Total Liabilities $229,218,847
Net Assets -$100,988,696

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$62,929,236
Expenses
$39,185,306
Net Income
$23,743,930
Net Assets
-$97,681,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $60,605,251
96.3%
Investment Income $2,323,985
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $184,500,843
Total Liabilities $282,182,650
Net Assets -$97,681,807

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$109,513,425
Expenses
$51,530,608
Net Income
$57,982,817
Net Assets
-$127,172,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $64,014,411
58.5%
Investment Income $45,499,014
41.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $180,831,255
Total Liabilities $308,003,607
Net Assets -$127,172,352

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,959,227
Expenses
$51,931,311
Net Income
-$22,972,084
Net Assets
-$142,032,322
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,330,089
97.8%
Investment Income $629,138
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $180,575,557
Total Liabilities $322,607,879
Net Assets -$142,032,322

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,391,554
Expenses
-$4,849,713
Net Income
$58,241,267
Net Assets
-$133,955,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,631,444
55.5%
Investment Income $23,760,110
44.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $168,308,175
Total Liabilities $302,263,908
Net Assets -$133,955,733

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,350,000
Expenses
$13,051,000
Net Income
$20,299,000
Net Assets
-$192,197,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,741,000
50.2%
Investment Income $16,609,000
49.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $142,963,000
Total Liabilities $335,160,000
Net Assets -$192,197,000

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,180,000
Expenses
$30,509,000
Net Income
$6,671,000
Net Assets
-$212,496,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $33,275,000
89.5%
Investment Income $3,905,000
10.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $139,887,000
Total Liabilities $352,383,000
Net Assets -$212,496,000

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,114,000
Expenses
$46,538,000
Net Income
-$424,000
Net Assets
-$219,168,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,090,000
69.6%
Investment Income $14,024,000
30.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $135,434,000
Total Liabilities $354,602,000
Net Assets -$219,168,000

Document Links

Fiscal Year Ending Dec.
2009

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,672,000
Expenses
$14,491,000
Net Income
$39,181,000
Net Assets
-$218,743,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,866,000
61.2%
Investment Income $20,806,000
38.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $121,519,000
Total Liabilities $340,262,000
Net Assets -$218,743,000

Document Links

Fiscal Year Ending Dec.
2008

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$31,376,000
Expenses
$1,015,000
Net Income
-$32,391,000
Net Assets
-$37,361,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,480,000
Investment Income -$44,856,000
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $113,881,000
Total Liabilities $151,242,000
Net Assets -$37,361,000

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.

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 »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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