Civic Intelligence

Exelon Corporation Disability Benefit

EIN 36-6045878 • 501(c)9 • Chicago, IL

Profile

To provide disability benefits to members.

10 South Dearborn 53rd FloorChicago, IL 60603

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

16.63x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.67x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$7,500

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Asset Growth

14th percentile

-39%

Faster asset growth than 14% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

6.7%

Faster revenue growth than 51% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$377,581

Down $244,502 (-39%) from 2023

Liabilities

Up

$6,278,998

Up $1,558,290 (+33%) from 2023

Net Assets

Down

-$5,901,417

Down $1,802,792 (-44%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin15th percentile

Revenue

Up

$9,310,355

Up $584,083 (+6.7%) from 2023

Expenses

Up

$11,113,147

Up $2,486,425 (+29%) from 2023

Net Income

Down

-$1,802,792

Down $1,902,342 (-1911%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0M-$10MAssets 2010: $715,674Liabilities 2010: $7,395,586Net Assets 2010: -$6,679,9122010Assets 2011: $534,937Liabilities 2011: $6,616,646Net Assets 2011: -$6,081,7092011Assets 2012: $515,367Liabilities 2012: $6,750,155Net Assets 2012: -$6,234,7882012Assets 2013: $1,551,664Liabilities 2013: $7,147,228Net Assets 2013: -$5,595,5642013Assets 2014: $877,682Liabilities 2014: $5,539,205Net Assets 2014: -$4,661,5232014Assets 2015: $1,728,679Liabilities 2015: $5,398,686Net Assets 2015: -$3,670,0072015Assets 2016: $1,521,140Liabilities 2016: $3,970,377Net Assets 2016: -$2,449,2372016Assets 2017: $958,629Liabilities 2017: $2,931,640Net Assets 2017: -$1,973,0112017Assets 2018: $625,478Liabilities 2018: $2,093,354Net Assets 2018: -$1,467,8762018Assets 2019: $565,026Liabilities 2019: $1,983,333Net Assets 2019: -$1,418,3072019Assets 2020: $365,158Liabilities 2020: $2,722,412Net Assets 2020: -$2,357,2542020Assets 2021: $583,877Liabilities 2021: $4,954,831Net Assets 2021: -$4,370,9542021Assets 2022: $399,750Liabilities 2022: $4,597,925Net Assets 2022: -$4,198,1752022Assets 2023: $622,083Liabilities 2023: $4,720,708Net Assets 2023: -$4,098,6252023Assets 2024: $377,581Liabilities 2024: $6,278,998Net Assets 2024: -$5,901,4172024

Highlighted filing

2024

Assets$377,581
Liabilities$6,278,998
Net Assets-$5,901,417
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,923,2842010Expenses 2011: $8,910,3682011Expenses 2012: $10,165,7662012Revenue 2013: $10,255,822Expenses 2013: $9,616,598Net Income 2013: $639,2242013Revenue 2014: $10,436,145Expenses 2014: $9,502,104Net Income 2014: $934,0412014Revenue 2015: $10,835,625Expenses 2015: $9,844,109Net Income 2015: $991,5162015Revenue 2016: $11,195,778Expenses 2016: $9,975,008Net Income 2016: $1,220,7702016Revenue 2017: $11,266,134Expenses 2017: $10,789,908Net Income 2017: $476,2262017Revenue 2018: $11,363,990Expenses 2018: $10,858,855Net Income 2018: $505,1352018Revenue 2019: $11,389,324Expenses 2019: $11,339,755Net Income 2019: $49,5692019Revenue 2020: $11,275,686Expenses 2020: $12,214,633Net Income 2020: -$938,9472020Revenue 2021: $11,695,245Expenses 2021: $13,708,945Net Income 2021: -$2,013,7002021Revenue 2022: $8,589,102Expenses 2022: $9,318,434Net Income 2022: -$729,3322022Revenue 2023: $8,726,272Expenses 2023: $8,626,722Net Income 2023: $99,5502023Revenue 2024: $9,310,355Expenses 2024: $11,113,147Net Income 2024: -$1,802,7922024

Highlighted filing

2024

Revenue$9,310,355
Expenses$11,113,147
Net Income-$1,802,792
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$377,581
Liabilities
$6,278,998
Net assets
-$5,901,417
Revenue
$9,310,355
Expenses
$11,113,147
Net income
-$1,802,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$6.28$5.90$9.31$11.1$1.80
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$4.72$4.10$8.73$8.63$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.40$4.60$4.20$8.59$9.32$0.73
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$4.95$4.37$11.7$13.7$2.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$2.72$2.36$11.3$12.2$0.94
2019Detailed filing. Detailed filing data is available for this year.$0.57$1.98$1.42$11.4$11.3$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.63$2.09$1.47$11.4$10.9$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$2.93$1.97$11.3$10.8$0.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$3.97$2.45$11.2$9.98$1.22
2015Detailed filing. Detailed filing data is available for this year.$1.73$5.40$3.67$10.8$9.84$0.99
2014Detailed filing. Detailed filing data is available for this year.$0.88$5.54$4.66$10.4$9.50$0.93
2013Detailed filing. Detailed filing data is available for this year.$1.55$7.15$5.60$10.3$9.62$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$6.75$6.23$10.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$6.62$6.08$8.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$7.40$6.68$9.92
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$9,310,355
Mission and Program Overview

Mission

To provide disability benefits to members.

Provide disability benefits to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$614,816$299,637▼ $315,179
Pledges and Grants Receivable$3,500$39,091▲ $35,591
Receivable From Disqualified Prsn$3,767$38,853▲ $35,086
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-4,098,625$-5,901,417▼ $1,802,792
Total Assets$622,083$377,581▼ $244,502
Liabilities
Accounts Payable and Accrued Expenses$4,720,708$6,278,998▲ $1,558,290
Total Liabilities$4,720,708$6,278,998▲ $1,558,290
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,098,625$-5,901,417▼ $1,802,792
Total Liabilities and Net Assets / Fund Balance$622,083$377,581▼ $244,502
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleBaseTotal
-Institutional Trustee$7,500$7,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,272,802
Investment Income
$37,553
Other Revenue
$0
Change in Net Assets
$-1,802,792

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,310,355
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,310,355
Total Revenue per Form 990
$9,310,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,664
Salaries, Compensation, and Employee Benefits$7,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$11,079,983
Fees for Services Accounting---$16,650
Current Officers, Directors, Trustees, and Key Employees---$7,500
Other Expenses---$6,496
Fees for Services Other---$2,518
Total Functional Expenses$0$0$0$11,113,147

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,113,147
Total Expenses per Audited Statements$11,113,147
Total Expenses per Form 990$11,113,147
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$3,767$38,853▲ $35,086
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members participate in the sponsor health benefit plans and receive disability benefits from the funded veba.”

Form 990, Part VI, Section B, Line 11B

“The organization uses a cpa firm to prepare form 990. The return is reviewed by exelon accounting, corporate benefits and legal departments. The return is reviewed by the parties who administer the disability plans that are funded by the organization and manage the assets of the organization. As such all responsible governing bodies review and approve the return prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All parties responsible for plan assets are subject to the exelon corporation conflict of interest policy. Exelon regularly monitors compliance with its conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The organization does not pay any compensation. Consequently lines 15a and 15b are not applicable to this organization.”

Form 990, Part VI, Section C, Line 19

“The organization makes its form 1024, form 990, governing documents, conflict of interest policy and financial statements available upon request.”

FORM 990, PART VI:

“This organization is a voluntary employees' beneficiary association trust under irc 501(c)(9). This organization funds disability provided under certain health and welfare plans sponsored by exelon corporation for its employees and their eligible dependents. This organization follows exelon's corporate policies where applicable including proper documentation of all actions taken on behalf of the plan.”

Filing and Contact Details

Filer

Filer Name
Exelon Corporation Disability Benefit
EIN
36-6045878
Phone
7792313185
Address
10 SOUTH DEARBORN 53RD FLOOR, CHICAGO, IL 60603

Signing Officer

Name
Felicia Cummings
Title
VP Total Rewards
Phone
7792313185
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Felicia Cummings
Formed
1976
Legal Domicile
Il
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
David Lowenthal
Phone
3122071040
Supplemental Narrative

Additional Explanations

FORM 990, PART X, LINE 6:

“The amount reported on form 990, part x, line 6 consists of receivables of $38,853 due from contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations. Per irs 990 instructions, schedule l, part ii is not required to be completed.”

Financial Statement Notes

PART X, LINE 2:

“The internal revenue service has made a determination on march 3, 1988 that the trust is exempt from federal income tax under the provisions of section 501(c)(9) of the internal revenue code ("irc"). The plan administrator believes that the trust and the plan, as amended, remain in compliance with the applicable requirements of the irc. Gaap requires the plan's management to evaluate tax positions taken by the plan and recognizes a tax liability (or asset) if the plan has taken an uncertain position that more than likely than not would not be sustained upon examination by the applicable authorities. The company has analyzed the tax positions taken by the plan and has concluded that as of december 31, 2024, there were no uncertain tax positions taken. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix325 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04720708
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06278998
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE DISABILITY BENEFITS TO MEMBERS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt011079983
IRS990/BooksInCareOfDetail/PersonNm0EXELON CORPORATION VP TOTAL REWARD
IRS990/BooksInCareOfDetail/PhoneNum07792313185
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010 S DEARBORN STREET 50TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060603
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt07500
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt011079983
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt037553
IRS990/CYOtherExpensesAmt025664
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt09272802
IRS990/CYRevenuesLessExpensesAmt0-1802792
IRS990/CYSalariesCompEmpBnftPaidAmt07500
IRS990/CYTotalExpensesAmt011113147
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09310355
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO FUND THE PROVISION OF DISABILITY BENEFITS TO MEMBERS. AS OF DECEMBER 31, 2024 THERE WERE APPROXIMATELY 3,408 MEMBERS ELIGIBLE TO RECEIVE SUCH BENEFITS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt016650
IRS990/FeesForServicesOtherGrp/TotalAmt02518
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0THE NORTHERN TRUST COMPANY
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt07500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0INSTITUTIONAL TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09310355
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt037553
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037553
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE DISABILITY BENEFITS TO MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-4098625
IRS990/NetAssetsOrFundBalancesEOYAmt0-5901417
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/TotalAmt06496
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039091
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0FELICIA CUMMINGS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PARTICIPANT CONTRIBUTI
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04639034
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14633768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04639034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14633768
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt08594882
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt028185
IRS990/PYOtherExpensesAmt024340
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08698087
IRS990/PYRevenuesLessExpensesAmt099550
IRS990/PYSalariesCompEmpBnftPaidAmt07500
IRS990/PYTotalExpensesAmt08626722
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08726272
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt03767
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt038853
IRS990/ReconcilationRevenueExpnssAmt0-1802792
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-4098625
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-5901417
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0614816
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0299637
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011113147
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09310355
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS MADE A DETERMINATION ON MARCH 3, 1988 THAT THE TRUST IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN ADMINISTRATOR BELIEVES THAT THE TRUST AND THE PLAN, AS AMENDED, REMAIN IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. GAAP REQUIRES THE PLAN'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. THE COMPANY HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt011113147
IRS990ScheduleD/TotalRevenuePerForm990Amt09310355
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09310355
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011113147
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS PARTICIPATE IN THE SPONSOR HEALTH BENEFIT PLANS AND RECEIVE DISABILITY BENEFITS FROM THE FUNDED VEBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION USES A CPA FIRM TO PREPARE FORM 990. THE RETURN IS REVIEWED BY EXELON ACCOUNTING, CORPORATE BENEFITS AND LEGAL DEPARTMENTS. THE RETURN IS REVIEWED BY THE PARTIES WHO ADMINISTER THE DISABILITY PLANS THAT ARE FUNDED BY THE ORGANIZATION AND MANAGE THE ASSETS OF THE ORGANIZATION. AS SUCH ALL RESPONSIBLE GOVERNING BODIES REVIEW AND APPROVE THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL PARTIES RESPONSIBLE FOR PLAN ASSETS ARE SUBJECT TO THE EXELON CORPORATION CONFLICT OF INTEREST POLICY. EXELON REGULARLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT PAY ANY COMPENSATION. CONSEQUENTLY LINES 15A AND 15B ARE NOT APPLICABLE TO THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FORM 1024, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE AMOUNT REPORTED ON FORM 990, PART X, LINE 6 CONSISTS OF RECEIVABLES OF $38,853 DUE FROM CONTRIBUTING EMPLOYERS AND SPONSORING ORGANIZATIONS OF SECTION 501(C)(9) VOLUNTARY EMPLOYEES' BENEFICIARY ORGANIZATIONS. PER IRS 990 INSTRUCTIONS, SCHEDULE L, PART II IS NOT REQUIRED TO BE COMPLETED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS ORGANIZATION IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST UNDER IRC 501(C)(9). THIS ORGANIZATION FUNDS DISABILITY PROVIDED UNDER CERTAIN HEALTH AND WELFARE PLANS SPONSORED BY EXELON CORPORATION FOR ITS EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS. THIS ORGANIZATION FOLLOWS EXELON'S CORPORATE POLICIES WHERE APPLICABLE INCLUDING PROPER DOCUMENTATION OF ALL ACTIONS TAKEN ON BEHALF OF THE PLAN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART X, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0EXELON CORPORATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1EXELON CORPORATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0EXELON BUSINESS SERVICES CO LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1EXELON GENERATION CO LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0233063219
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1233064219
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PROVIDES SUPPORT TO OPERATING COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1POWER GENERATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt010 SOUTH DEARBORN 51ST FLOOR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt110 SOUTH DEARBORN 51ST FLOOR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1CHICAGO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd060603
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd160603
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0232990190
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1360938600
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOLDING COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1ELECTRIC DISTRIBUTION UTILITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0EXELON CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1COMED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt010 SOUTH DEARBORN 51ST FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt110 SOUTH DEARBORN 51ST FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1CHICAGO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd060603
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd160603
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0622083
IRS990/TotalAssetsEOYAmt0377581
IRS990/TotalAssetsGrp/BOYAmt0622083
IRS990/TotalAssetsGrp/EOYAmt0377581
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt011113147
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04720708
IRS990/TotalLiabilitiesEOYAmt06278998
IRS990/TotalLiabilitiesGrp/BOYAmt04720708
IRS990/TotalLiabilitiesGrp/EOYAmt06278998
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4098625
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-5901417
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt09272802
IRS990/TotalReportableCompFromOrgAmt07500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09310355
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09310355
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0622083
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0377581
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010 SOUTH DEARBORN 53RD FLOOR
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060603
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FELICIA CUMMINGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP TOTAL REWARDS
ReturnHeader/BusinessOfficerGrp/PhoneNum07792313185
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXELON CORPORATION DISABILITY BENEFIT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PLAN
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0366045878
ReturnHeader/Filer/PhoneNum07792313185
ReturnHeader/Filer/USAddress/AddressLine1Txt010 SOUTH DEARBORN 53RD FLOOR
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060603
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331498605
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 S RIVERSIDE PLAZA 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03122071040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID LOWENTHAL
ReturnHeader/ReturnTs02025-11-13T12:26:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.