Civic Intelligence

The Travelers Employee Benefit Trust

EIN 41-1336475 • 501(c)9 • St Paul, MN

Profile

Provide employee benefits to eligible travelers companies, inc. Employees and retirees.

385 Washington ST 9275-SB05TSt Paul, MN 55102

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

2.30x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.12x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Net Margin

28th percentile

-1.3%

Higher net margin than 28% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Asset Growth

13th percentile

-11%

Faster asset growth than 13% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

12%

Faster revenue growth than 61% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Down

$24,438,882

Down $3,038,669 (-11%) from 2023

Liabilities

Up

$56,237,091

Up $2,777,868 (+5.2%) from 2023

Net Assets

Down

-$31,798,209

Down $5,816,537 (-22%) from 2023

Revenue

Up

$472,244,423

Up $50,875,625 (+12%) from 2023

Expenses

Up

$478,164,582

Up $41,817,623 (+9.6%) from 2023

Net Income

Up

-$5,920,159

Up $9,058,002 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2011: $32,614,341Liabilities 2011: $53,020,115Net Assets 2011: -$20,405,7742011Assets 2012: $51,846,896Liabilities 2012: $54,073,275Net Assets 2012: -$2,226,3782012Assets 2013: $45,632,101Liabilities 2013: $49,023,026Net Assets 2013: -$3,390,9252013Assets 2014: $44,571,384Liabilities 2014: $48,765,936Net Assets 2014: -$4,194,5522014Assets 2015: $27,979,609Liabilities 2015: $51,376,365Net Assets 2015: -$23,396,7562015Assets 2016: $24,304,070Liabilities 2016: $57,262,255Net Assets 2016: -$32,958,1852016Assets 2017: $40,113,528Liabilities 2017: $58,087,414Net Assets 2017: -$17,973,8862017Assets 2018: $18,131,449Liabilities 2018: $54,965,839Net Assets 2018: -$36,834,3902018Assets 2019: $26,254,618Liabilities 2019: $55,334,201Net Assets 2019: -$29,079,5832019Assets 2020: $47,717,953Liabilities 2020: $54,678,595Net Assets 2020: -$6,960,6422020Assets 2021: $45,092,183Liabilities 2021: $51,550,545Net Assets 2021: -$6,458,3622021Assets 2022: $44,528,915Liabilities 2022: $55,698,614Net Assets 2022: -$11,169,6992022Assets 2023: $27,477,551Liabilities 2023: $53,459,223Net Assets 2023: -$25,981,6722023Assets 2024: $24,438,882Liabilities 2024: $56,237,091Net Assets 2024: -$31,798,2092024

Highlighted filing

2024

Assets$24,438,882
Liabilities$56,237,091
Net Assets-$31,798,209

Operations Trend

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

$600M$400M$200M$0-$200MRevenue 2011: $329,855,371Expenses 2011: $321,097,548Net Income 2011: $8,757,8232011Revenue 2012: $332,948,812Expenses 2012: $315,051,253Net Income 2012: $17,897,5592012Revenue 2013: $329,043,876Expenses 2013: $329,728,404Net Income 2013: -$684,5282013Revenue 2014: $338,661,658Expenses 2014: $339,552,047Net Income 2014: -$890,3892014Revenue 2015: $334,002,212Expenses 2015: $353,006,555Net Income 2015: -$19,004,3432015Revenue 2016: $350,245,105Expenses 2016: $359,675,120Net Income 2016: -$9,430,0152016Revenue 2017: $398,397,074Expenses 2017: $383,315,757Net Income 2017: $15,081,3172017Revenue 2018: $362,202,165Expenses 2018: $380,830,571Net Income 2018: -$18,628,4062018Revenue 2019: $392,029,334Expenses 2019: $384,567,966Net Income 2019: $7,461,3682019Revenue 2020: $404,241,012Expenses 2020: $382,395,510Net Income 2020: $21,845,5022020Revenue 2021: $378,506,075Expenses 2021: $377,654,413Net Income 2021: $851,6622021Revenue 2022: $391,855,239Expenses 2022: $395,913,176Net Income 2022: -$4,057,9372022Revenue 2023: $421,368,798Expenses 2023: $436,346,959Net Income 2023: -$14,978,1612023Revenue 2024: $472,244,423Expenses 2024: $478,164,582Net Income 2024: -$5,920,1592024

Highlighted filing

2024

Revenue$472,244,423
Expenses$478,164,582
Net Income-$5,920,159

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.4$56.2$31.8$472$478$5.92
2023Detailed filing. Detailed filing data is available for this year.$27.5$53.5$26.0$421$436$15.0
2022Detailed filing. Detailed filing data is available for this year.$44.5$55.7$11.2$392$396$4.06
2021Detailed filing. Detailed filing data is available for this year.$45.1$51.6$6.46$379$378$0.85
2020Detailed filing. Detailed filing data is available for this year.$47.7$54.7$6.96$404$382$21.8
2019Summary only. Only limited summary data is available for this year.$26.3$55.3$29.1$392$385$7.46
2018Summary only. Only limited summary data is available for this year.$18.1$55.0$36.8$362$381$18.6
2017Summary only. Only limited summary data is available for this year.$40.1$58.1$18.0$398$383$15.1
2016Summary only. Only limited summary data is available for this year.$24.3$57.3$33.0$350$360$9.43
2015Summary only. Only limited summary data is available for this year.$28.0$51.4$23.4$334$353$19.0
2014Summary only. Only limited summary data is available for this year.$44.6$48.8$4.19$339$340$0.89
2013Summary only. Only limited summary data is available for this year.$45.6$49.0$3.39$329$330$0.68
2012Summary only. Only limited summary data is available for this year.$51.8$54.1$2.23$333$315$17.9
2011Summary only. Only limited summary data is available for this year.$32.6$53.0$20.4$330$321$8.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 30, 2025
Return Version
2024v5.1
Gross Receipts
$478,527,402
Mission and Program Overview

Mission

Provide employee benefits to eligible travelers companies, inc. Employees and retirees.

To provide for the payment or reimbursement of covered expenses incurred by eligible employees retirees or their eligible dependents

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,006,288$17,866,737▼ $1,139,551
Investments in Publicly Traded Securities$7,103,408$6,262,063▼ $841,345
Accounts Receivable$1,367,855$310,082▼ $1,057,773
Cap Stk Tr Prin Current Funds$-25,981,672$-31,798,209▼ $5,816,537
Total Assets$27,477,551$24,438,882▼ $3,038,669
Liabilities
Other Liabilities$47,462,271$49,017,368▲ $1,555,097
Accounts Payable and Accrued Expenses$5,996,952$7,219,723▲ $1,222,771
Total Liabilities$53,459,223$56,237,091▲ $2,777,868
Net Assets / Fund Balance
Total Net Assets Fund Balance$-25,981,672$-31,798,209▼ $5,816,537
Total Liabilities and Net Assets / Fund Balance$27,477,551$24,438,882▼ $3,038,669
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Na Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$472,051,294
Investment Income
$193,129
Other Revenue
$0
Change in Net Assets
$-5,920,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,656,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$449,507,629--$449,507,629
Other Expenses$20,769,059--$20,769,059
Total Functional Expenses$478,164,582$0$0$478,164,582
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Claims incurred not rptd$35,156,000
Fut. life ins ben pay$13,819,337
Fut LT disability ben pay$42,031
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 8B

The organization has no committees.

Part VI Line 11B

No review was or will be conducted.

Part VI Line 19

Financial statements and governing documents are made

Part VI Line 19

available to the public upon request.

Part VI, Line 8B

The organization had no committees.

Part VI, Line 11B

No review was or will be conducted.

Part VI, Line 19

Financial statements and governing documents are made

Part VI, Line 19

available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Travelers Employee Benefit Trust
EIN
41-1336475
In Care Of
% SUSAN MILLER
Phone
6513107101
Address
385 Washington ST 9275-SB05T, ST PAUL, MN 55102

Signing Officer

Name
Susan Miller
Title
VP of Corporate Tax
Phone
6513102567
Signed
2025-06-30

Organization Details

Formed
2004
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
The Travelers Companies Inc
Address
385 WASHINGTON STREET, 9275-SB05T, SAINT PAUL, MN 55102
Preparer
Matthew J Johnson
Phone
6513104795
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D-Other revenue included on Sch D but not on 990

U.s. Generally accepted accounting principles require plan management to evaluatetax positions taken by the plan and recognize a tax liability (or asset) if theorganization has taken an uncertain position that more likely than not would notbe sustained upon examination by the irs. The plan administrator has analysed thetax positions taken by the plan, and has concluded that as of december 31, 2024and 2023, there are no uncertain positions taken or expected to be taken that wouldrequire financial statements. The plan is subject to audit by taxing authorities;however, there are currently no audits for any tax periods. The plan administratorbelieves it is no longer subject to tax examinations for years prior to 2021.

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

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP OF CORPORATE TAX
ReturnHeader/BusinessOfficerGrp/PhoneNum06513102567
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TRAVELERS EMPLOYEE BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0THET
ReturnHeader/Filer/EIN0411336475
ReturnHeader/Filer/InCareOfNm0% SUSAN MILLER
ReturnHeader/Filer/PhoneNum06513107101
ReturnHeader/Filer/USAddress/AddressLine1Txt0385 Washington ST 9275-SB05T
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410518860
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE TRAVELERS COMPANIES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0385 WASHINGTON STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt09275-SB05T
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PAUL
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ReturnHeader/PreparerPersonGrp/PhoneNum06513104795
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW J JOHNSON
ReturnHeader/ReturnTs02025-06-30T14:13:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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