Voluntary Employees Beneficiary Assoc Tr For Pub Empl State of Wa is a 501(c)(9) organization based in Spokane, Washington, registered in 1992, with $211,218,749 in FY2023 revenue. CharityIndex grades it A.
Revenue (FY2023)
$211.2M
▲ 22.0% vs prior year
Membership median: $185K
Expenses (FY2023)
$124.3M
Net assets
$1.1B
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 Voluntary Employees Beneficiary Assoc Tr For Pub Empl State of Wa— 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 Voluntary Employees Beneficiary Assoc Tr For Pub Empl State of Wa: 105 mo reserves · +41% margin earns a B+ 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 Voluntary Employees Beneficiary Assoc Tr For Pub Empl State of Wa: 6 of 6 checks met earns a A+ 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 Voluntary Employees Beneficiary Assoc Tr For Pub Empl State of Wa: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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To provide qualified health and welfare benefits.
Revenue grew from $89.2M (FY2013) to $211.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
41.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$3.1M
Net assets
$1.1B
Salaries & benefits
$0
0% of expenses
Board members
7
7 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $211,218,749▲22.0% | $124,335,399▲16.2% | $1,092,686,832▲26.8% | $1,095,820,392▲26.7% | 990 |
| 2022 | $173,076,595▲6.9% | $107,022,534▲13.4% | $861,622,033▲16.5% | $864,858,216▲16.6% | 990 |
| 2021 | $161,942,003▼29.3% | $94,413,921▲7.9% | $739,408,958▼9.1% | $742,000,780▼9.0% | 990 |
| 2020 | $228,973,164▲20.3% | $87,489,422▲17.5% | $813,126,729▲19.8% | $815,424,638▲19.8% | 990 |
| 2019 | $190,271,222▲36.4% | $74,446,478▲2.6% | $678,589,326▲19.0% | $680,536,155▲17.0% | 990 |
| 2018 | $139,484,649▲21.9% | $72,569,553▲15.0% | $570,385,018▲13.3% | $581,659,077▲13.1% | 990 |
| 2017 | $114,461,315▲16.8% | $63,108,271▲9.4% | $503,426,053▲15.5% | $514,171,937▲14.9% | 990 |
| 2016 | $98,000,097▲2.0% | $57,678,979▲2.7% | $435,717,560▲14.0% | $447,535,284▲13.3% | 990 |
| 2015 | $96,048,165▲12.2% | $56,172,476▲19.1% | $382,078,494▲15.1% | $394,838,916▲14.5% | 990 |
| 2014 | $85,579,491▼4.1% | $47,170,574▲8.4% | $331,816,251▲4.4% | $344,861,121▲3.9% | 990 |
| 2013 | $89,220,290 | $43,506,340▼2.2% | $317,884,942▲19.0% | $331,972,893▲17.8% | 990 |
| 2012 | — | $44,478,496▲16.2% | $267,072,336▲21.7% | $281,864,326▲22.0% | 990 |
| 2011 | — | $38,282,572▲39.7% | $219,466,976▲59.8% | $230,970,948▲57.1% | 990 |
| 2009 | — | $27,395,466 | $137,316,228 | $146,979,736 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Debbie Lund | Secretary | 2 | — |
| Doug Detling | Chair | 3 | — |
| Heather Buchanan | Trustee | 2 | — |
| Jennifer Signs | Trustee | 2 | — |
| Joy Ramsdell | Trustee | 2 | — |
| Kisty Wolf | Treasurer | 3 | — |
| Sylvia Hubbard | Vice Chair | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Arthur J Gallagher & Co | Consulting, Marketing and Client Svc,cus | $5,493,696 |
| One Bridge Benefits Inc | Software Administrator, Eligibility and | $2,240,583 |
| Washington Trust Bank | Investment and Custodial Fees | $225,687 |
| Goldman Sachs Asset Management | Investment Consulting Services | $225,314 |
Explore more
Data for Voluntary Employees Beneficiary Assoc Tr For Pub Empl State of Wa (EIN 94-3131623) 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.