Retirees of Veyance Technologies - Health Care Trust
Only null% goes to programs Strong reserves
Retirees of Veyance Technologies - Health Care Trust is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 2011, with $2,521,928 in FY2024 revenue. CharityIndex grades it F.
60 Boulevard of the Allies 5th Fl, Pittsburgh, PA, 15222 EIN 26-3489193 Since 2011
Revenue (FY2024)
$2.5M
▲ 25.8% vs prior year
Membership median: $185K
Expenses (FY2024)
$5.1M
Net assets
$14.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Retirees of Veyance Technologies - Health Care Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating33 mo reserves · -104% margin
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 Retirees of Veyance Technologies - Health Care Trust: 33 mo reserves · -104% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Retirees of Veyance Technologies - Health Care Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Retirees of Veyance Technologies - Health Care Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 60 Boulevard of the Allies 5th Fl, Pittsburgh, PA, 15222
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue declined from $2.6M (FY2013) to $2.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,468Net assets $14.0M
Operating margin
-103.9%
Spent more than it raised in the latest fiscal year.
Total assets
$14.0M
Total liabilities
$3,468
Net assets
$14.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,521,928▲25.8% | $5,142,270▼10.2% | $13,986,485▼18.5% | $13,989,953▼18.5% | 990 |
| 2023 | $2,004,069▲32.1% | $5,724,644▲11.1% | $17,163,638▼16.2% | $17,170,800▼16.2% | 990 |
| 2022 | $1,517,264▼42.2% | $5,153,899▲13.3% | $20,472,845▼21.6% | $20,487,723▼21.6% | 990 |
| 2021 | $2,625,615▲7.4% | $4,550,754▼28.3% | $26,122,009▼9.3% | $26,134,537▼9.3% | 990 |
| 2020 | $2,445,384▼30.0% | $6,350,702▼18.1% | $28,787,885▼9.9% | $28,819,617▼10.1% | 990 |
| 2019 | $3,492,553▲25.9% | $7,757,164▲5.8% | $31,967,238▼8.9% | $32,073,129▼9.0% | 990 |
| 2018 | $2,773,782▲5.2% | $7,329,118▲28.7% | $35,104,555▼17.6% | $35,245,494▼17.4% | 990 |
| 2017 | $2,635,673▼54.9% | $5,694,942▲21.3% | $42,594,806▲1.6% | $42,678,275▲1.6% | 990 |
| 2016 | $5,847,669▲102% | $4,694,098▲25.0% | $41,907,436▼3.3% | $41,987,254▼3.2% | 990 |
| 2015 | $2,891,237▼48.9% | $3,754,776▲33.0% | $43,322,850▼9.3% | $43,377,622▼9.3% | 990 |
| 2014 | $5,660,269▲114% | $2,822,151▲17.9% | $47,766,723▼1.7% | $47,809,709▼1.7% | 990 |
| 2013 | $2,640,421 | $2,393,253▲23.5% | $48,602,404▲9.9% | $48,612,724▲9.9% | 990 |
| 2012 | — | $1,937,600▲12.8% | $44,229,205▲6.8% | $44,249,900▲6.8% | 990 |
| 2011 | — | $1,717,689▲7.5% | $41,421,424▼3.6% | $41,440,399▼3.7% | 990 |
| 2010 | — | $1,598,487 | $42,983,603 | $43,013,600 | 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.
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Frequently asked questions
- Is Retirees of Veyance Technologies - Health Care Trust a legitimate nonprofit?
- Yes. Retirees of Veyance Technologies - Health Care Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 26-3489193, based in Pittsburgh, Pennsylvania.
- What is Retirees of Veyance Technologies - Health Care Trust's EIN?
- Retirees of Veyance Technologies - Health Care Trust's Employer Identification Number (EIN) is 26-3489193.
- How much revenue does Retirees of Veyance Technologies - Health Care Trust report?
- Retirees of Veyance Technologies - Health Care Trust reported $2,521,928 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Retirees of Veyance Technologies - Health Care Trust have?
- CharityIndex grades Retirees of Veyance Technologies - Health Care Trust F, based on financial health (reserves and operating margin).
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Data for Retirees of Veyance Technologies - Health Care Trust (EIN 26-3489193) 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.