Skip to content
ProPublica Donate
ProPublica Donate

Verizon Long Term Disability Veba

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Summary charts: organization finances over time

Revenue
$13.8M (2022)

Expenses
$24.1M (2022)

Total Assets
$196M (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2010 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,831,125
Expenses
$24,096,471
Net Income
-$10,265,346
Net Assets
$195,556,643
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,292,130
> 100%
Investment Income $4,579,568
33.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,575,589
Net Inventory Sales $0
Other Revenue -$2,464,984
Notable Expenses Percent of Total Expenses
Executive Compensation $38,764
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $195,556,643
Total Liabilities $0
Net Assets $195,556,643
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $38,764 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$50,660,201
Expenses
$20,671,591
Net Income
$29,988,610
Net Assets
$236,006,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,357,174
44.1%
Investment Income $3,570,588
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,777,528
50.9%
Net Inventory Sales $0
Other Revenue -$1,045,089
Notable Expenses Percent of Total Expenses
Executive Compensation $45,422
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $236,008,378
Total Liabilities $2,294
Net Assets $236,006,084
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $45,422 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,407,979
Expenses
$20,463,380
Net Income
$11,944,599
Net Assets
$210,492,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,113,480
68.2%
Investment Income $3,659,370
11.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,319,004
19.5%
Net Inventory Sales $0
Other Revenue $316,125
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $34,232
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $210,492,674
Total Liabilities $0
Net Assets $210,492,674
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $34,232 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,557,197
Expenses
$19,051,194
Net Income
$13,506,003
Net Assets
$184,931,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,466,433
65.9%
Investment Income $4,858,683
14.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,620,467
14.2%
Net Inventory Sales $0
Other Revenue $1,611,614
5.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $35,790
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $184,931,891
Total Liabilities $0
Net Assets $184,931,891
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $35,790 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,892,319
Expenses
$17,487,273
Net Income
$18,405,046
Net Assets
$158,310,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,817,222
69.1%
Investment Income $4,455,853
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,501,459
18.1%
Net Inventory Sales $0
Other Revenue $117,785
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $22,459
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $158,310,884
Total Liabilities $0
Net Assets $158,310,884
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $22,459 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,998,526
Expenses
$17,410,002
Net Income
-$3,411,476
Net Assets
$158,024,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,205,622
22.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,681,158
69.2%
Net Inventory Sales $0
Other Revenue $1,111,746
7.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $19,246
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $158,024,301
Total Liabilities $0
Net Assets $158,024,301
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $19,246 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,391,271
Expenses
$16,502,273
Net Income
$14,888,998
Net Assets
$143,995,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,153,685
35.5%
Investment Income $3,930,542
12.5%
Bond Proceeds $0
Royalties $1,134
0.0%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,305,942
48.8%
Net Inventory Sales $0
Other Revenue $999,968
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $34,909
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $143,995,483
Total Liabilities $0
Net Assets $143,995,483
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $34,909 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,431,717
Expenses
$16,525,193
Net Income
-$93,476
Net Assets
$142,214,617
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,431,476
75.7%
Investment Income $1,104,453
6.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,168,644
19.3%
Net Inventory Sales $0
Other Revenue -$272,856
Notable Expenses Percent of Total Expenses
Executive Compensation $76,938
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $142,214,617
Total Liabilities $0
Net Assets $142,214,617
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $76,938 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,318,542
Expenses
$17,228,872
Net Income
$8,089,670
Net Assets
$145,752,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,929,060
51.1%
Investment Income $2,982,886
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,211,950
28.5%
Net Inventory Sales $0
Other Revenue $2,194,646
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $136,060
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $145,758,995
Total Liabilities $6,158
Net Assets $145,752,837
Compensation
Key Employees and Officers Compensation Related Other
Bny Mello N (Trustee) $136,060 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,079,911
Expenses
$6,307,252
Net Income
$16,772,659
Net Assets
$141,738,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,101,869
56.8%
Investment Income $2,062,921
8.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,482,773
28.1%
Net Inventory Sales $0
Other Revenue $1,432,348
6.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,559
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $141,739,249
Total Liabilities $658
Net Assets $141,738,591

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,575,236
Expenses
$3,744,406
Net Income
$15,830,830
Net Assets
$116,968,769
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,332,060
63.0%
Investment Income $2,448,413
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,368,291
17.2%
Net Inventory Sales $0
Other Revenue $1,426,472
7.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $25,610
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $116,968,769
Total Liabilities $0
Net Assets $116,968,769

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,258,128
Expenses
$13,699,252
Net Income
$558,876
Net Assets
$97,024,183
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,810,934
61.8%
Investment Income $2,172,763
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,371,928
23.6%
Net Inventory Sales $0
Other Revenue -$97,497
Notable Expenses Percent of Total Expenses
Executive Compensation $3,982
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $97,024,183
Total Liabilities $0
Net Assets $97,024,183

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,378,768
Expenses
$12,874,099
Net Income
$1,504,669
Net Assets
$100,703,223
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,923,211
62.1%
Investment Income $622,488
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $34,784
0.2%
Net Inventory Sales $0
Other Revenue $4,798,285
33.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $6,759
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $100,703,223
Total Liabilities $0
Net Assets $100,703,223

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

Fiscal Year Ending Dec.
2008

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.
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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »