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Andersen Corporation Vol Empl Bnfcy Assoc Retiree Medical Benefits Tr

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Details

According to its Dec. 2024 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$14.4M (2024)

Expenses
$29.3M (2024)

Total Assets
$228M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,357,008
Expenses
$29,281,180
Net Income
-$14,924,172
Net Assets
$227,818,983
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,341,923
16.3%
Investment Income $4,470,012
31.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,545,073
52.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $227,818,983
Total Liabilities $0
Net Assets $227,818,983
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,045,141
Expenses
$27,555,120
Net Income
-$8,509,979
Net Assets
$211,038,553
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,302,482
12.1%
Investment Income $3,844,980
20.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8
0.0%
Net Inventory Sales $0
Other Revenue $12,897,671
67.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $211,038,553
Total Liabilities $0
Net Assets $211,038,553
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,908,980
Expenses
$25,145,803
Net Income
-$20,236,823
Net Assets
$159,746,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,073,435
42.2%
Investment Income $2,834,878
57.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $667
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $159,746,469
Total Liabilities $0
Net Assets $159,746,469
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,618,329
Expenses
$26,500,177
Net Income
-$18,881,848
Net Assets
$201,172,173
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,983,686
26.0%
Investment Income $1,598,062
21.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,036,581
53.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $201,172,173
Total Liabilities $0
Net Assets $201,172,173
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,822,358
Expenses
$25,770,859
Net Income
-$16,948,501
Net Assets
$189,088,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,483,999
16.8%
Investment Income $1,253,148
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,085,211
69.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $189,088,524
Total Liabilities $0
Net Assets $189,088,524
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,198,553
Expenses
$22,085,821
Net Income
-$11,887,268
Net Assets
$175,747,097
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,127,694
40.5%
Investment Income $1,038,746
10.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,032,113
49.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $175,747,097
Total Liabilities $0
Net Assets $175,747,097
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Ass (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,291,419
Expenses
$22,718,953
Net Income
-$13,427,534
Net Assets
$157,988,457
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,721,385
18.5%
Investment Income $855,508
9.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$286,772
Net Inventory Sales $0
Other Revenue $7,001,298
75.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $157,988,457
Total Liabilities $0
Net Assets $157,988,457
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,115,979
Expenses
$19,065,250
Net Income
-$9,949,271
Net Assets
$174,702,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,815,119
19.9%
Investment Income $596,697
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$16,232
Net Inventory Sales $0
Other Revenue $6,720,395
73.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $174,702,114
Total Liabilities $0
Net Assets $174,702,114
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,635,281
Expenses
$22,403,914
Net Income
-$15,768,633
Net Assets
$163,876,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,995,823
30.1%
Investment Income $501,493
7.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $382,532
5.8%
Net Inventory Sales $0
Other Revenue $3,755,433
56.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $163,876,703
Total Liabilities $0
Net Assets $163,876,703
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,262,972
Expenses
$21,751,850
Net Income
-$13,488,878
Net Assets
$162,984,537
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,100,557
25.4%
Investment Income $395,384
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$358,934
Net Inventory Sales $0
Other Revenue $6,125,965
74.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $162,984,537
Total Liabilities $0
Net Assets $162,984,537
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,911,692
Expenses
$19,666,091
Net Income
-$11,754,399
Net Assets
$168,972,979
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,134,641
27.0%
Investment Income $642,787
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$171,900
Net Inventory Sales $0
Other Revenue $5,306,164
67.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $168,972,979
Total Liabilities $0
Net Assets $168,972,979
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,085,264
Expenses
$23,334,473
Net Income
-$16,249,209
Net Assets
$167,699,285
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,288,496
32.3%
Investment Income $1,086,243
15.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$265,945
Net Inventory Sales $0
Other Revenue $3,976,470
56.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $167,699,285
Total Liabilities $0
Net Assets $167,699,285
Compensation
Key Employees and Officers Compensation Related Other
Us Bank National Association (Trustee) $2,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,121,184
Expenses
$20,750,945
Net Income
-$10,629,761
Net Assets
$160,569,750
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,261,326
22.3%
Investment Income $185,931
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,112,106
11.0%
Net Inventory Sales $0
Other Revenue $6,561,821
64.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
0.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $160,569,750
Total Liabilities $0
Net Assets $160,569,750

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,923,346
Expenses
$19,343,525
Net Income
-$17,420,179
Net Assets
$159,479,025
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,182,367
> 100%
Investment Income $164,398
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $828,871
43.1%
Net Inventory Sales $0
Other Revenue -$1,252,290
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $159,479,025
Total Liabilities $0
Net Assets $159,479,025

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

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

What Is 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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