Verizon Long Term Disability Veba
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 14,378,768 | 12,874,099 | 1,504,669 | 93.9 | 0% |
| 2011 | 14,258,128 | 13,699,252 | 558,876 | 85.0 | 0% |
| 2012 | 19,575,236 | 3,744,406 | 15,830,830 | 374.9 | 1% |
| 2013 | 23,079,911 | 6,307,252 | 16,772,659 | 269.7 | 2% |
| 2014 | 25,318,542 | 17,228,872 | 8,089,670 | 101.5 | 1% |
| 2015 | 16,431,717 | 16,525,193 | −93,476 | 103.3 | 0% |
| 2016 | 31,391,271 | 16,502,273 | 14,888,998 | 104.7 | 0% |
| 2017 | 13,998,526 | 17,410,002 | −3,411,476 | 108.9 | 0% |
| 2018 | 35,892,319 | 17,487,273 | 18,405,046 | 108.6 | 0% |
| 2019 | 32,557,197 | 19,051,194 | 13,506,003 | 116.5 | 0% |
| 2020 | 32,407,979 | 20,463,380 | 11,944,599 | 123.4 | 0% |
| 2021 | 50,660,201 | 20,671,591 | 29,988,610 | 137.0 | 0% |
| 2022 | 13,831,125 | 24,096,471 | −10,265,346 | 97.4 | 0% |
| 2023 | 32,403,492 | 26,191,494 | 6,211,998 | 99.7 | 0% |
In its most recent public year (2023), this organization brought in $6,211,998 more than it spent. Its reserves stood at about 99.7 months of spending, up from 93.9 in 2010. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Verizon Long Term Disability Veba's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works