Veba Inc Veba Tr
501(c)(9)
82% goes to programs Growing revenue
Veba Inc Veba Tr is a 501(c)(9) organization, registered in 2005, with $73,660,391 in FY2024 revenue. CharityIndex grades it B+, and it directs about 82% of spending to programs.
Toronto On M3c 2k8, Canada, 00000 EIN 26-6641110 Since 2005
Revenue (FY2024)
$73.7M
▲ 7.0% vs prior year
Expenses (FY2024)
$76.5M
Net assets
$10.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating82% 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 Veba Inc Veba Tr: 82% to programs earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -4% 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 Veba Inc Veba Tr: 2 mo reserves · -4% margin earns a B on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Veba Inc Veba Tr: 4 of 6 checks met earns a B 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 Veba Inc Veba Tr: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To fund welfare benefits for employees of four seasons and other related organizations.
Contact & location
- Address
- Toronto On M3c 2k8, Canada, 00000
- City
- —
- State
- —
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $49.3M (FY2013) to $73.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.6M
Operating margin
-3.9%
Spent more than it raised in the latest fiscal year.
Total assets
$10.6M
Total liabilities
$0
Net assets
$10.6M
Salaries & benefits
$0
0% of expenses
Board members
1
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,660,391▲7.0% | $76,501,558▲11.6% | $10,626,080▼21.1% | $10,626,080▼21.1% | 990 |
| 2023 | $68,867,565▲15.9% | $68,579,635▲42.7% | $13,467,247▲2.2% | $13,467,247▲2.2% | 990 |
| 2022 | $59,425,488▲41.6% | $48,063,084▲4.1% | $13,179,317▲625% | $13,179,317▲625% | 990 |
| 2021 | $41,959,741▼27.3% | $46,150,085▼22.3% | $1,816,913▼69.8% | $1,816,913▼69.8% | 990 |
| 2020 | $57,725,551▼8.3% | $59,381,567▼9.0% | $6,007,257▼21.6% | $6,007,257▼21.6% | 990 |
| 2019 | $62,970,950▲6.2% | $65,284,657▲12.9% | $7,663,273▼23.2% | $7,663,273▼23.2% | 990 |
| 2018 | $59,271,816▲8.1% | $57,804,273▲0.8% | $9,976,980▲17.2% | $9,976,980▲17.2% | 990 |
| 2017 | $54,841,268▲3.5% | $57,333,361▲7.3% | $8,509,437▼22.7% | $8,509,437▼22.7% | 990 |
| 2016 | $53,008,939▼6.1% | $53,426,164▼1.0% | $11,001,530▼3.7% | $11,001,530▼3.7% | 990 |
| 2015 | $56,422,854▲7.1% | $53,947,117▲10.5% | $11,418,755▲27.7% | $11,418,755▲27.7% | 990 |
| 2014 | $52,677,024▲6.8% | $48,804,664▲2.6% | $8,943,018▲76.4% | $8,943,018▲76.4% | 990 |
| 2013 | $49,346,016 | $47,544,990 | $5,070,658 | $5,070,658 | 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 |
|---|---|---|---|
| Bny Mellon | Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cigna | Contract Administration | $13,218,972 |
| Hinge Health | Third Party Services | $224,896 |
| Lockton Companies LLC | Actuary Consultant | $164,000 |
Frequently asked questions
- Is Veba Inc Veba Tr a legitimate nonprofit?
- Yes. Veba Inc Veba Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 26-6641110.
- What is Veba Inc Veba Tr's EIN?
- Veba Inc Veba Tr's Employer Identification Number (EIN) is 26-6641110.
- How much revenue does Veba Inc Veba Tr report?
- Veba Inc Veba Tr reported $73,660,391 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Veba Inc Veba Tr's spending goes to programs?
- Veba Inc Veba Tr spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Veba Inc Veba Tr have?
- CharityIndex grades Veba Inc Veba Tr B+, based on program efficiency and fundraising cost.
- How much does Veba Inc Veba Tr's highest-paid employee make?
- The highest reported compensation on Veba Inc Veba Tr's latest Form 990 is $0, paid to Bny Mellon (Trustee).
Explore more
Data for Veba Inc Veba Tr (EIN 26-6641110) 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.