Veba Health Insurance Trust For Non-union Employees of Keyspan is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 2000, with $56,104,317 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$56.1M
▲ 129.2% vs prior year
Membership median: $185K
Expenses (FY2024)
$47.7M
Net assets
$184.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Veba Health Insurance Trust For Non-union Employees of Keyspan— 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 Veba Health Insurance Trust For Non-union Employees of Keyspan: 46 mo reserves · +15% margin earns a A 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. Not scored for Veba Health Insurance Trust For Non-union Employees of Keyspan— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 Veba Health Insurance Trust For Non-union Employees of Keyspan: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $54.1M (FY2013) to $56.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
15.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$184.6M
Total liabilities
$0
Net assets
$184.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,104,317▲129% | $47,697,484▲33.9% | $184,554,705▲17.9% | $184,554,705▲17.9% | 990 |
| 2023 | $24,480,894▲704% | $35,618,365▲26.3% | $156,551,799▲132% | $156,551,799▲126% | 990 |
| 2022 | $3,044,133▼71.1% | $28,206,921▼0.1% | $67,440,636▼27.1% | $69,168,222▼25.2% | 990 |
| 2021 | $10,526,902▲124% | $28,237,172▲10.6% | $92,487,778▼16.0% | $92,487,778▼16.0% | 990 |
| 2020 | $4,706,591▼34.8% | $25,524,658▼7.0% | $110,112,654▼13.7% | $110,112,654▼13.7% | 990 |
| 2019 | $7,215,074▼54.5% | $27,450,739▲9.9% | $127,557,896▼11.7% | $127,557,896▼11.7% | 990 |
| 2018 | $15,857,594▼44.0% | $24,989,003▼11.1% | $144,378,344▼7.0% | $144,378,344▼7.0% | 990 |
| 2017 | $28,326,019▼6.8% | $28,121,704▼0.3% | $155,307,322▼1.4% | $155,307,322▼1.4% | 990 |
| 2016 | $30,407,591▼12.7% | $28,194,235▼6.5% | $157,490,174▲0.2% | $157,490,174▲0.2% | 990 |
| 2015 | $34,832,388▼11.1% | $30,148,155▲16.4% | $157,212,168▲0.4% | $157,212,168▲0.3% | 990 |
| 2014 | $39,191,897▼27.6% | $25,896,981▼9.6% | $156,560,421▲7.4% | $156,772,498▲7.6% | 990 |
| 2013 | $54,129,536 | $28,644,601▼10.2% | $145,731,840▲19.7% | $145,731,840▲19.7% | 990 |
| 2012 | — | $31,895,410▲1.4% | $121,706,432▲6.3% | $121,706,432▲6.3% | 990 |
| 2011 | — | $31,444,247 | $114,441,289 | $114,441,289 | 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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Data for Veba Health Insurance Trust For Non-union Employees of Keyspan (EIN 13-4009945) 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.