Civic Intelligence

3M Employees Welfare Benefits

EIN 41-1294448 • 501(c)9 • St Paul, MN

Profile

N/A

3M Center Building 223-2w-33St Paul, MN 55144

n/A

Siviq Scores

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

Liabilities / Assets

57th percentile

0.06x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.10x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

3rd percentile

-98%

Higher net margin than 3% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

4th percentile

-53%

Faster asset growth than 4% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-45%

Faster revenue growth than 3% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$81,557,494

Down $91,743,793 (-53%) from 2023

Liabilities

Down

$5,108,584

Down $8,927,061 (-64%) from 2023

Net Assets

Down

$76,448,910

Down $82,816,732 (-52%) from 2023

Operations
Liabilities / Revenue60th percentileNet Margin3rd percentile

Revenue

Down

$51,480,490

Down $42,952,131 (-45%) from 2023

Expenses

Down

$101,843,723

Down $25,285,316 (-20%) from 2023

Net Income

Down

-$50,363,233

Down $17,666,815 (-54%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

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

$1.0B$500M$0Assets 2010: $814,859,247Liabilities 2010: $92,247,213Net Assets 2010: $722,612,0342010Assets 2011: $852,956,195Liabilities 2011: $116,167,318Net Assets 2011: $736,788,8772011Assets 2012: $890,489,137Liabilities 2012: $97,822,745Net Assets 2012: $792,666,3922012Assets 2013: $911,134,362Liabilities 2013: $95,776,389Net Assets 2013: $815,357,9732013Assets 2014: $900,299,035Liabilities 2014: $110,613,091Net Assets 2014: $789,685,9442014Assets 2015: $806,345,897Liabilities 2015: $94,779,411Net Assets 2015: $711,566,4862015Assets 2016: $771,149,152Liabilities 2016: $94,819,264Net Assets 2016: $676,329,8882016Assets 2017: $764,877,566Liabilities 2017: $95,795,237Net Assets 2017: $669,082,3292017Assets 2018: $631,878,701Liabilities 2018: $71,710,598Net Assets 2018: $560,168,1032018Assets 2019: $615,214,452Liabilities 2019: $73,660,350Net Assets 2019: $541,554,1022019Assets 2020: $554,502,419Liabilities 2020: $68,790,261Net Assets 2020: $485,712,1582020Assets 2021: $455,636,953Liabilities 2021: $39,133,023Net Assets 2021: $416,503,9302021Assets 2022: $284,178,091Liabilities 2022: $27,695,683Net Assets 2022: $256,482,4082022Assets 2023: $173,301,287Liabilities 2023: $14,035,645Net Assets 2023: $159,265,6422023Assets 2024: $81,557,494Liabilities 2024: $5,108,584Net Assets 2024: $76,448,9102024

Highlighted filing

2024

Assets$81,557,494
Liabilities$5,108,584
Net Assets$76,448,910
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

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

$200M$100M$0-$100MExpenses 2010: $181,438,3952010Expenses 2011: $150,458,1462011Expenses 2012: $158,317,3962012Revenue 2013: $94,346,353Expenses 2013: $162,630,256Net Income 2013: -$68,283,9032013Revenue 2014: $99,153,221Expenses 2014: $153,543,907Net Income 2014: -$54,390,6862014Revenue 2015: $98,514,928Expenses 2015: $106,006,689Net Income 2015: -$7,491,7612015Revenue 2016: $84,693,981Expenses 2016: $112,095,153Net Income 2016: -$27,401,1722016Revenue 2017: $89,440,611Expenses 2017: $114,180,021Net Income 2017: -$24,739,4102017Revenue 2018: $104,957,083Expenses 2018: $99,154,641Net Income 2018: $5,802,4422018Revenue 2019: $92,816,378Expenses 2019: $122,980,799Net Income 2019: -$30,164,4212019Revenue 2020: $73,481,839Expenses 2020: $117,718,745Net Income 2020: -$44,236,9062020Revenue 2021: $103,855,863Expenses 2021: $121,975,397Net Income 2021: -$18,119,5342021Revenue 2022: $29,921,658Expenses 2022: $97,473,329Net Income 2022: -$67,551,6712022Revenue 2023: $94,432,621Expenses 2023: $127,129,039Net Income 2023: -$32,696,4182023Revenue 2024: $51,480,490Expenses 2024: $101,843,723Net Income 2024: -$50,363,2332024

Highlighted filing

2024

Revenue$51,480,490
Expenses$101,843,723
Net Income-$50,363,233
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$81,557,494
Liabilities
$5,108,584
Net assets
$76,448,910
Revenue
$51,480,490
Expenses
$101,843,723
Net income
-$50,363,233
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.6$5.11$76.4$51.5$102$50.4
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$173$14.0$159$94.4$127$32.7
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$284$27.7$256$29.9$97.5$67.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$456$39.1$417$104$122$18.1
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$555$68.8$486$73.5$118$44.2
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$615$73.7$542$92.8$123$30.2
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$632$71.7$560$105$99.2$5.80
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$765$95.8$669$89.4$114$24.7
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$771$94.8$676$84.7$112$27.4
2015Detailed filing. Detailed filing data is available for this year.$806$94.8$712$98.5$106$7.49
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$900$111$790$99.2$154$54.4
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$911$95.8$815$94.3$163$68.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$890$97.8$793$158
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$853$116$737$150
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$815$92.2$723$181
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$29,921,658
Mission and Program Overview

Mission

Finance health care benefits provided to retired 3m employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$416,503,930$256,482,408▼ $160,021,522
Investments in Publicly Traded Securities$309,953,103$211,387,918▼ $98,565,185
Investments Other Securities$141,083,787$67,328,991▼ $73,754,796
Savings and Temporary Cash Investments$1,652,380$1,825,155▲ $172,775
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$455,636,953$284,178,091▼ $171,458,862
Other Assets Total$2,947,683$3,636,027▲ $688,344
Liabilities
Other Liabilities$38,161,367$24,683,864▼ $13,477,503
Accounts Payable and Accrued Expenses$971,656$3,011,819▲ $2,040,163
Total Liabilities$39,133,023$27,695,683▼ $11,437,340
Net Assets / Fund Balance
Total Net Assets Fund Balance$416,503,930$256,482,408▼ $160,021,522
Total Liabilities and Net Assets / Fund Balance$455,636,953$284,178,091▼ $171,458,862

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$66,694,490--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
-Trustee$29,365$29,365

Highest Paid Contractors

ContractorServicesLocationCompensation
Willis Towers Watson US LLCRecordkeeping Svcs233 S WACKER DRIVE WILLIS TOWER, Chicago, IL 60606$1,258,205
Tempo Holding Company LLCRecordkeeping Svcs4 OVERLOOK POINT, Lincolnshire, IL 60069$471,514
Northern Trust InvestmentsInvestment Manager Fees50 S LASALLE ST, Chicago, IL 60603$468,883
Cliftonlarsonallen LLPAudit Fees1 N FRANKLIN ST STE 1100, Chicago, IL 60606$139,607
Western Asset ManagementInvestment Manager Fees620 8TH AVE 50TH FL, New York, NY 10018$138,050
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$29,921,658
Other Revenue
$0
Change in Net Assets
$-67,551,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$29,365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0
Other Expenses$-2,947,747

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$100,391,711
Fees for Services Other---$1,786,348
Fees for Service Investment Mgmnt Fees---$552,743
Fees for Services Accounting---$111,501
Current Officers, Directors, Trustees, and Key Employees---$29,365
Fees for Services Legal---$13,902
Other Expenses---$-5,574,800
Total Functional Expenses$0$0$0$97,473,329
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ubit Payable$22,797,616
Obligation for Collateral$1,886,248
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 8B

“The trust does not have any committees authorized to act on behalf of the governing body.”

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

“The return is reviewed by 3m company prior to filing.”

Form 990, Part VI, Section C, Line 19

“Governing documentation and financial statements are not legally required to be disclosed to the public and therefore are not made available. The trust does not have a conflict of interest policy.”

Filing and Contact Details

Filer

Filer Name
3m Employees Welfare Benefits
EIN
41-1294448
Phone
6513026523
Address
3M CENTER BUILDING 223-2W-33, ST PAUL, MN 55144

Signing Officer

Name
The Bank of New York Mellon
Title
Trustee
Phone
6513026523
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
The Bank of New York Mell
Formed
1976
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Kpmg Llp
Address
90 S 7TH ST STE 4200, MINNEAPOLIS, MN 55402
Preparer
Monroe J Gierl
Phone
6123055000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The component of trust i not subject to collective bargaining agreements constitutes a qualified voluntary employee benefit association under section 501(c) (9) of the internal revenue code (irc) and is, therefore, considered to be exempt from federal income taxes under provision of section 501(a), except for any unrelated business income. Such unrelated business income essentially consists of investments income subject to unrelated business income taxes based upon the character of the income taxed (capital versus ordinary). The plan files unrelated business income tax (ubit) returns in the u.s. Federal jurisdiction. Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix369 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/BOYAmt0971656
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03011819
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FINANCE HEALTH CARE BENEFITS PROVIDED TO RETIRED 3M EMPLOYEES.
IRS990/AddressChangeInd0X
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt0100391711
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER SCHMIDT
IRS990/BooksInCareOfDetail/PhoneNum06513026523
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03M CENTER BUILDING 223-2W-33
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0551441000
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt029365
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01258205
IRS990/ContractorCompensationGrp/CompensationAmt1471514
IRS990/ContractorCompensationGrp/CompensationAmt2468883
IRS990/ContractorCompensationGrp/CompensationAmt3139607
IRS990/ContractorCompensationGrp/CompensationAmt4138050
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0233 S WACKER DRIVE WILLIS TOWER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt14 OVERLOOK POINT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt250 S LASALLE ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt31 N FRANKLIN ST STE 1100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4620 8TH AVE 50TH FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1LINCOLNSHIRE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060606
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd160069
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd260603
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd360606
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd410018
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WILLIS TOWERS WATSON US LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1TEMPO HOLDING COMPANY LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2NORTHERN TRUST INVESTMENTS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3CLIFTONLARSONALLEN LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4WESTERN ASSET MANAGEMENT
IRS990/ContractorCompensationGrp/ServicesDesc0RECORDKEEPING SVCS
IRS990/ContractorCompensationGrp/ServicesDesc1RECORDKEEPING SVCS
IRS990/ContractorCompensationGrp/ServicesDesc2INVESTMENT MANAGER FEES
IRS990/ContractorCompensationGrp/ServicesDesc3AUDIT FEES
IRS990/ContractorCompensationGrp/ServicesDesc4INVESTMENT MANAGER FEES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0100391711
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt029921658
IRS990/CYOtherExpensesAmt0-2947747
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-67551671
IRS990/CYSalariesCompEmpBnftPaidAmt029365
IRS990/CYTotalExpensesAmt097473329
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt029921658
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0FINANCE HEALTH CARE BENEFITS PROVIDED TO RETIRED 3M EMPLOYEES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt0111501
IRS990/FeesForServicesLegalGrp/TotalAmt013902
IRS990/FeesForServicesOtherGrp/TotalAmt01786348
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0552743
IRS990/ForeignActivitiesInd00
IRS990/ForeignCountryCd0BE
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0THE BANK OF NEW YORK MELLON
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt029365
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt020346142
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt020346142
IRS990/GrossReceiptsAmt029921658
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt06719175
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09575516
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt02856341
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0141083787
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt067328991
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0309953103
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0211387918
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FINANCE HEALTH CARE BENEFITS PROVIDED TO RETIRED 3M EMPLOYEES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0416503930
IRS990/NetAssetsOrFundBalancesEOYAmt0256482408
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-12922284
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020346142
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt033268426
IRS990/NetUnrelatedBusTxblIncmAmt036107114
IRS990/NetUnrlzdGainsLossesInvstAmt0-92469851
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02947683
IRS990/OtherAssetsTotalGrp/EOYAmt03636027
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SERVICE FEES
IRS990/OtherExpensesGrp/Desc1OTHER FEES
IRS990/OtherExpensesGrp/Desc2UBIT EXPENSE/(BENEFIT)
IRS990/OtherExpensesGrp/TotalAmt086977
IRS990/OtherExpensesGrp/TotalAmt175582
IRS990/OtherExpensesGrp/TotalAmt2-5574800
IRS990/OtherLiabilitiesGrp/BOYAmt038161367
IRS990/OtherLiabilitiesGrp/EOYAmt024683864
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THE BANK OF NEW YORK MELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0109569490
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0103725973
IRS990/PYOtherExpensesAmt012349117
IRS990/PYOtherRevenueAmt059890
IRS990/PYProgramServiceRevenueAmt070000
IRS990/PYRevenuesLessExpensesAmt0-18119534
IRS990/PYSalariesCompEmpBnftPaidAmt056790
IRS990/PYTotalExpensesAmt0121975397
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0103855863
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-67551671
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0416503930
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0256482408
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01652380
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01825155
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01886248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122797616
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATION FOR COLLATERAL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UBIT PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0634501
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt166694490
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PARTNERSHIP/JOINT VENTURE
IRS990ScheduleD/OtherSecuritiesGrp/Desc1OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPONENT OF TRUST I NOT SUBJECT TO COLLECTIVE BARGAINING AGREEMENTS CONSTITUTES A QUALIFIED VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION UNDER SECTION 501(C) (9) OF THE INTERNAL REVENUE CODE (IRC) AND IS, THEREFORE, CONSIDERED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISION OF SECTION 501(A), EXCEPT FOR ANY UNRELATED BUSINESS INCOME. SUCH UNRELATED BUSINESS INCOME ESSENTIALLY CONSISTS OF INVESTMENTS INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAXES BASED UPON THE CHARACTER OF THE INCOME TAXED (CAPITAL VERSUS ORDINARY). THE PLAN FILES UNRELATED BUSINESS INCOME TAX (UBIT) RETURNS IN THE U.S. FEDERAL JURISDICTION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. 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/TotalBookValueSecuritiesAmt067328991
IRS990ScheduleD/TotalLiabilityAmt024683864
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWED BY 3M COMPANY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTATION AND FINANCIAL STATEMENTS ARE NOT LEGALLY REQUIRED TO BE DISCLOSED TO THE PUBLIC AND THEREFORE ARE NOT MADE AVAILABLE. THE TRUST DOES NOT HAVE A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANUFACTURING
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt03M EES WELFARE BEN ASSOC TRUST III
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13M EES WELFARE BEN ASSOC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(9)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FIN HLTH CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FIN HLTH CARE
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IRS990ScheduleR/PaidEmployeesSharingInd00
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IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt0284178091
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt036124767
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IRS990/TotalLiabilitiesEOYAmt027695683
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0416503930
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0256482408
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt029365
IRS990/TotalRevenueGrp/ExclusionAmt0-6203109
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029921658
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt036124767
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0284178091
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd0152535007
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THE BANK OF NEW YORK MELLON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06513026523
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt03M EMPLOYEES WELFARE BENEFITS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION TRUST I
ReturnHeader/Filer/BusinessNameControlTxt03MEM
ReturnHeader/Filer/EIN0411294448
ReturnHeader/Filer/PhoneNum06513026523
ReturnHeader/Filer/USAddress/AddressLine1Txt03M CENTER BUILDING 223-2W-33
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ReturnHeader/Filer/USAddress/ZIPCd055144
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt090 S 7TH ST STE 4200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06123055000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MONROE J GIERL
ReturnHeader/ReturnTs02023-11-13T10:31:56-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BANK OF NEW YORK MEL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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