Computer Aid INC Veba Trust

Not tax-deductible

Allentown, PAMutual-benefit / member-servingSince 1990EIN 23-7668943Revenue $14.1M in FY2024

On file with the IRS1390 Ridgeview Drive, 18104-9065 · Allentown, PATax-exempt since Jul 1991

This page gets seen. Tell your story. Claim this org.

The Trust provides medical benefits to the employees of Computer Aid, INC.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $453K a year · 4% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$234K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.1M
+24% vs prior year
Spent
$14.4M
To programs
100%
Net assets
$474K
By yearFY2020–FY2024
Revenue
$14.1M
FY2024▲ +24%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.4M
FY2021$9.2M
FY2022$10.3M
FY2023$11.4M
FY2024$14.1M
Expenses
$14.4M
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.0M
FY2021$9.9M
FY2022$10.3M
FY2023$12.9M
FY2024$14.4M
Net assets
$474K
FY2024▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$2.4M
FY2022$2.3M
FY2023$754K
FY2024$474K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $14.4M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Former Trustee
$0Pt VII · Sec A
Former Trustee
$0Pt VII · Sec A
See Computer Aid INC Veba Trust executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides medical benefits to Computer Aid, Inc. employees.

Questions for Computer Aid INC Veba Trust

Tap to ask. Computer Aid INC Veba Trust sees how many people are interested.

Your first name shows with your question. Computer Aid INC Veba Trust answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $14.4M · in their own filed words · FY2024
01

The Trust provides for the funding of the Computer Aid, Inc. Medical Benefit Plan. The plan provides health benefits (medical and prescription drugs) covering permanent full-time employees and their dependents after 30 days of active service. As of 12/31/24, there were 1,242 participants in the plan.

$14.4Mprogram expense
02

The trust provides for the funding of the Computer Aid, Inc. Medical Benefit Plan which provides for health benefits under the Consolidated Omnibus Budget Reconciliation Act (COBRA). As required, it offers continuation of benefits for a specified period of time to qualified employees and their dependents who would not otherwise be…

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$14.1M
Ln 12
Fees for servicesLn 2g$14.1M
Investment incomeLn 3$26K
Money outPt IX
$14.4M
Ln 25
Programscol B$14.4M
Owns and owesPt X
$474K
net assets · Ln 32
Cash and savingsLn 1–2$474K
Total assetsLn 16$707K
LiabilitiesLn 26$234K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$14.1M
Investment incomeLn 3$26K
Total revenueLn 12$14.1M
Assets in detailPt X, end of year
CashLn 1$474K
Cash and savings togetherLn 1–2$474K
Other assetsLn 15$234K
Total assetsLn 16$707K
LiabilitiesLn 26$234K
Net assetsLn 32$474K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$754K$474K
Total assetsLn 16$1.1M$707K
LiabilitiesLn 26$388K$234K
Net assetsLn 32$754K$474K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$13.0M$13.0M
Other expenses (24a–d)Ln 24$1.3M$1.3M$0$0
Total functional expensesLn 25$14.4M$14.4M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $14.1M$14.4M−$280K$474K 990 PDF
FY2023 $11.4M$12.9M−$1.5M$754K 990 PDF
FY2022 $10.3M$10.3M−$83K$2.3M 990 PDF
FY2021 $9.2M$9.9M−$719K$2.4M 990 PDF
FY2020 $10.4M$10.0M$359K$3.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $14,084,273 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $11,353,869$14,057,903
I-10 Investment incomePrior year $28,948$26,370
I-11 Other revenue$0
I-12 Total revenuePrior year $11,382,817$14,084,273
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $11,410,609$13,023,806
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,511,987$1,340,956
I-18 Total expensesPrior year $12,922,596$14,364,762
I-19 Revenue less expensesPrior year −$1,539,779−$280,489
Part VI · Governance 0 of 1 board members independent, 5 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $14,084,273 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$14,057,903
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$26,370
VIII-12 Total revenueRelated to mission $14,084,273 · Unrelated business $0 · Excluded from tax $0$14,084,273
Part IX · Statement of functional expenses $14,364,762 across 2 lines filed
IX-4 Benefits paid to or for membersPrograms $13,023,806$13,023,806
IX-24 Other expenses (24a–d)Programs $1,340,956 · Management $0 · Fundraising $0$1,340,956
IX-25 Total functional expensesPrograms $14,364,762 · Management $0 · Fundraising $0$14,364,762
Part X · Balance sheet $707,350 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $754,292$473,803
X-15 Other assetsStart of year $387,891$233,547
X-16 Total assetsStart of year $1,142,183$707,350
X-25 Other liabilitiesStart of year $387,891$233,547
X-26 Total liabilitiesStart of year $387,891$233,547
X-32 Total net assets or fund balancesStart of year $754,292$473,803
X-33 Total liabilities and net assetsStart of year $1,142,183$707,350
Part XI · Reconciliation of net assets $473,803 net assets at year end
XI-1 Total revenue$14,084,273
XI-2 Total expenses$14,364,762
XI-3 Revenue less expenses−$280,489
XI-4 Net assets at start of year$754,292
XI-10 Net assets at end of year$473,803

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.