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Coca Cola Co Postretireme Medical Voluntary Emp Beneficiary

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
$11.4M (2023)

Expenses
$38.8M (2023)

Total Assets
$107M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 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
$11,423,343
Expenses
$38,845,112
Net Income
-$27,421,769
Net Assets
$107,037,150
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,598,017
66.5%
Investment Income $7,606,504
66.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,781,178
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 $107,037,150
Total Liabilities $0
Net Assets $107,037,150
Compensation
Key Employees and Officers Compensation Related Other
The Northern Trust Company (Trustee) $7,000 $0 $0
Michael Murray (Committee) $0 $0 $0
Stacy Apter (Committee Chair) $0 $0 $0
Larry Mark (Committee) $0 $0 $0
Mark Eppert (Committee) $0 $0 $0
Kathy Loveless (Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,142,398
Expenses
$2,023,996
Net Income
$15,118,402
Net Assets
$307,605,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,875,630
45.9%
Investment Income $5,587,028
32.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,679,740
21.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,125
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $307,605,146
Total Liabilities $0
Net Assets $307,605,146
Compensation
Key Employees and Officers Compensation Related Other
The Northern Trust Company (Trustee) $13,125 $0 $0
Michael Murray (Committee) $0 $0 $0
Stacy Apter (Committee Chair) $0 $0 $0
Larry Mark (Committee) $0 $0 $0
Mark Eppert (Committee) $0 $0 $0
Kathy Loveless (Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,479,381
Expenses
$10,110,507
Net Income
$28,368,874
Net Assets
$344,865,777
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,437,835
21.9%
Investment Income $4,690,603
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,350,943
65.9%
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 $344,865,777
Total Liabilities $0
Net Assets $344,865,777
Compensation
Key Employees and Officers Compensation Related Other
The Northern Trust Company (Trustee) $7,875 $0 $0
Michael Murray (Committee) $0 $0 $0
Stacy Apter (Committee Chair) $0 $0 $0
Larry Mark (Committee) $0 $0 $0
Mark Eppert (Committee) $0 $0 $0
Kathy Loveless (Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,299,838
Expenses
$2,811,253
Net Income
$17,488,585
Net Assets
$329,570,491
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,582,601
37.4%
Investment Income $4,526,293
22.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,190,944
40.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $7,000
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $329,570,491
Total Liabilities $0
Net Assets $329,570,491
Compensation
Key Employees and Officers Compensation Related Other
The Northern Trust Company (Trustee) $7,000 $0 $0
Christopher Nolan (Committee Chair) $0 $0 $0
Stacy Apter (Committee) $0 $0 $0
Larry Mark (Committee) $0 $0 $0
Mark Eppert (Committee) $0 $0 $0
Kathy Loveless (Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,638,551
Expenses
$8,209,302
Net Income
$25,429,249
Net Assets
$279,727,328
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,977,307
44.5%
Investment Income $4,980,875
14.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,680,369
40.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $7,000
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $279,727,328
Total Liabilities $0
Net Assets $279,727,328
Compensation
Key Employees and Officers Compensation Related Other
The Northern Trust Company (Trustee) $7,000 $0 $0
Christopher Nolan (Committee Chair) $0 $0 $0
Stacy Apter (Committee) $0 $0 $0
Larry Mark (Committee) $0 $0 $0
Mark Eppert (Committee) $0 $0 $0
Kathy Loveless (Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,307,102
Expenses
$7,870,229
Net Income
$14,436,873
Net Assets
$237,803,593
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,919,590
40.0%
Investment Income $2,937,038
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,450,474
46.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $8,404
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $237,803,593
Total Liabilities $0
Net Assets $237,803,593

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,562,759
Expenses
$8,074,757
Net Income
$23,488,002
Net Assets
$235,192,012
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,665,490
14.8%
Investment Income $1,725,187
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,172,082
79.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $16,741
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $235,192,012
Total Liabilities $0
Net Assets $235,192,012

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,161,478
Expenses
$3,938,253
Net Income
$1,223,225
Net Assets
$209,405,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,622,176
89.6%
Investment Income $1,514,089
29.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$974,787
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,050
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $209,405,159
Total Liabilities $0
Net Assets $209,405,159

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,442,122
Expenses
$5,822,398
Net Income
$5,619,724
Net Assets
$203,022,540
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,458,552
39.0%
Investment Income $1,417,780
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,565,790
48.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $4,550
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $203,022,540
Total Liabilities $0
Net Assets $203,022,540

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,743,495
Expenses
$5,829,298
Net Income
$5,914,197
Net Assets
$203,553,530
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,813,917
32.5%
Investment Income $1,432,812
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,496,766
55.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,535
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $203,741,881
Total Liabilities $188,351
Net Assets $203,553,530

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,316,910
Expenses
$7,711,621
Net Income
$18,605,289
Net Assets
$202,789,804
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,431,710
28.2%
Investment Income $1,058,097
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $17,827,103
67.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,300
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $203,753,404
Total Liabilities $963,600
Net Assets $202,789,804

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,296,839
Expenses
$3,365,450
Net Income
$4,931,389
Net Assets
$165,999,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,985,479
36.0%
Investment Income $1,837,825
22.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,473,535
41.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,000
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $166,192,658
Total Liabilities $192,837
Net Assets $165,999,821

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,839,767
Expenses
$1,681,864
Net Income
$7,157,903
Net Assets
$153,878,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,755,035
31.2%
Investment Income $1,123,857
12.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,960,875
56.1%
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 $154,000,083
Total Liabilities $121,336
Net Assets $153,878,747

Document Links

Fiscal Year Ending Dec.
2010

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.
2009

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.

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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 »

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