Southern California Schools Voluntary Employees Benefits Assoc
501(c)(9)
98% goes to programs Growing revenue
Southern California Schools Voluntary Employees Benefits Assoc is a 501(c)(9) organization based in San Diego, California, registered in 1993, with $1,107,495,425 in FY2024 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
1843 Hotel Circle South 3rd Floor, San Diego, CA, 92108 EIN 33-0579503 Since 1993
Revenue (FY2024)
$1.1B
▲ 11.9% vs prior year
Expenses (FY2024)
$1.1B
Net assets
$148.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs
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. For Southern California Schools Voluntary Employees Benefits Assoc: 98% to programs earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -1% 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 Southern California Schools Voluntary Employees Benefits Assoc: 2 mo reserves · -1% margin earns a B on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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 Southern California Schools Voluntary Employees Benefits Assoc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Southern California Schools Voluntary Employees Benefits Assoc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The veba is a joint labor-mgmt assoc of participant districts in california. the veba provides insurance coverage to employees, retirees & dependents of the member districts.
Contact & location
- Address
- 1843 Hotel Circle South 3rd Floor, San Diego, CA, 92108
- City
- San Diego
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $598.4M (FY2014) to $1.1B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38.7MNet assets $148.8M
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$187.5M
Total liabilities
$38.7M
Net assets
$148.8M
Salaries & benefits
$0
0% of expenses
Board members
18
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,107,495,425▲11.9% | $1,114,217,561▲12.4% | $148,828,937▼3.5% | $187,506,824▼2.6% | 990 |
| 2023 | $989,335,232▲6.4% | $991,086,446▲6.5% | $154,231,553▲25.0% | $192,600,451▲2.6% | 990 |
| 2022 | $929,624,326▲1.1% | $930,805,038▲2.4% | $123,421,278▼2.6% | $187,749,684▲2.3% | 990 |
| 2021 | $919,105,914▲3.5% | $909,134,407▲5.4% | $126,761,832▲10.3% | $183,534,319▲9.4% | 990 |
| 2020 | $888,375,687▲2.3% | $862,782,706▲2.0% | $114,882,131▲34.5% | $167,754,028▲24.1% | 990 |
| 2019 | $868,292,011▲6.5% | $846,248,429▲5.9% | $85,410,897▲41.3% | $135,224,161▲23.3% | 990 |
| 2018 | $815,477,127▲11.6% | $799,438,997▲11.0% | $60,439,282▲37.4% | $109,644,617▲17.4% | 990 |
| 2017 | $730,664,687▲4.5% | $720,491,508▲4.3% | $43,983,697▲36.7% | $93,378,517▲12.2% | 990 |
| 2016 | $698,979,831▲10.8% | $690,673,692▲9.6% | $32,167,785▲39.0% | $83,203,002▲26.3% | 990 |
| 2015 | $631,052,131▲5.5% | $630,061,811▲6.0% | $23,150,464▲12.3% | $65,885,973▲7.1% | 990 |
| 2014 | $598,377,127 | $594,338,340 | $20,608,007 | $61,496,604 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ahmad Swinton | Director | 1 | — |
| Betty Robles-leal | Director | 1 | — |
| Brian Duffy | Chair | 2 | — |
| Clark Hampton | Director | 1 | — |
| Debra Schade | Director | 1 | — |
| Espie Medellin | Director | 1 | — |
| Fabiola Bagula | Director (as of Nov 24) | 1 | — |
| Gregg Robinson | Director | 1 | — |
| Helen Farias | Director | 1 | — |
| James Messina | Director | 1 | — |
| Jonathan Mello | Director | 1 | — |
| Jon Peterson | Director (as of Jun 24) | 1 | — |
| Lamont Jackson | Director (until Sept 24) | 1 | — |
| Michael Breyette | Director | 1 | — |
| Michael Simonson | Director | 1 | — |
| Moises Aguirre | Director | 1 | — |
| Robin Watkins | Co-chair | 2 | — |
| Ronda Walen | Director | 1 | — |
| Tina Douglas | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Risk Program Administrators LLC | Trust Administration Fees | $9,136,477 |
| Ernst & Young Us LLP | Consulting | $696,929 |
| Taro Technology LLC | Consulting | $476,598 |
| Ascendant Healthcare Inc | Data Management | $383,755 |
| Optum Behavioral Health-onsite | Onsite Staffing | $346,187 |
Frequently asked questions
- Is Southern California Schools Voluntary Employees Benefits Assoc a legitimate nonprofit?
- Yes. Southern California Schools Voluntary Employees Benefits Assoc is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 33-0579503, based in San Diego, California.
- What is Southern California Schools Voluntary Employees Benefits Assoc's EIN?
- Southern California Schools Voluntary Employees Benefits Assoc's Employer Identification Number (EIN) is 33-0579503.
- How much revenue does Southern California Schools Voluntary Employees Benefits Assoc report?
- Southern California Schools Voluntary Employees Benefits Assoc reported $1,107,495,425 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Southern California Schools Voluntary Employees Benefits Assoc's spending goes to programs?
- Southern California Schools Voluntary Employees Benefits Assoc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southern California Schools Voluntary Employees Benefits Assoc have?
- CharityIndex grades Southern California Schools Voluntary Employees Benefits Assoc A, based on program efficiency and fundraising cost.
- How much does Southern California Schools Voluntary Employees Benefits Assoc's highest-paid employee make?
- The highest reported compensation on Southern California Schools Voluntary Employees Benefits Assoc's latest Form 990 is $0, paid to Ahmad Swinton (Director).
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Data for Southern California Schools Voluntary Employees Benefits Assoc (EIN 33-0579503) 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.