Budd E&a Veba is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 2016, with $1,523,001 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.5M
▼ 48.0% vs prior year
Membership median: $185K
Expenses (FY2024)
$4.9M
Net assets
$76.2M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Budd E&a Veba— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Budd E&a Veba: 188 mo reserves · -219% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Budd E&a Veba: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Budd E&a Veba: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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To provide health and other welfare benefits to eligible participants and dependents.
Revenue declined from $71.4M (FY2016) to $1.5M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-218.6%
Spent more than it raised in the latest fiscal year.
Total assets
$76.2M
Total liabilities
$21K
Net assets
$76.2M
Salaries & benefits
$1,625
0% of expenses
Board members
5
5 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,523,001▼48.0% | $4,852,691▲2.0% | $76,160,036▲2.8% | $76,181,425▲2.8% | 990 |
| 2023 | $2,927,545▲149% | $4,759,364▲5.9% | $74,072,195▲6.5% | $74,110,667▲6.2% | 990 |
| 2022 | $1,175,261▼51.5% | $4,495,501▲29.9% | $69,568,495▼19.0% | $69,764,014▼18.8% | 990 |
| 2021 | $2,422,459▼22.2% | $3,460,198▼31.7% | $85,876,905▲6.0% | $85,956,531▲6.0% | 990 |
| 2020 | $3,113,305▼10.8% | $5,066,545▼7.3% | $80,985,856▲6.8% | $81,075,274▲6.9% | 990 |
| 2019 | $3,489,773▼2.0% | $5,466,327▲1.3% | $75,796,190▲11.9% | $75,853,791▲11.9% | 990 |
| 2018 | $3,561,726▲0.2% | $5,397,019▼10.2% | $67,723,037▼9.1% | $67,771,204▼9.1% | 990 |
| 2017 | $3,555,148▼95.0% | $6,007,081▲124% | $74,512,837▲8.0% | $74,562,137▲7.9% | 990 |
| 2016 | $71,432,669 | $2,687,045 | $69,012,756 | $69,133,084 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: William Kroger Jr — $600 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Kroger Jr | Committee Member | 2 | $600 |
| Deric Righter | Committee Member | 2 | $300 |
| Thomas Stuart | Committee Member | 2 | $300 |
| Thomas Whomsley | Committee Member | 2 | $300 |
| Jim Allison | Committee Member | 2 | $125 |
Explore more
Data for Budd E&a Veba (EIN 81-2446302) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.