Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
1 person listed on the 990; $5K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Truist Bank | $5,492 | $5,330 | $4,900 | $4,492 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Offers health insurance and medical services to employees.
Questions for Budd Group Veba
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To provide employee health care benefits
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $99K | $62K |
| Total assetsLn 16 | $99K | $62K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $99K | $62K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Benefits paid to or for membersLn 4 | $5.1M | $5.1M | ||
| Pay of current officers, directors and key staffLn 5 | $5K | $5K | $0 | |
| Other fees for servicesLn 11g | $6K | $6K | $0 | |
| Other expenses (24a–d)Ln 24 | $480K | $480K | ||
| Total functional expensesLn 25 | $5.6M | $5.6M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $7.1M | $7.1M | −$19K | $43K | 990 PDF |
| FY2024 Viewing | $5.6M | $5.6M | −$38K | $62K | 990 PDF |
| FY2023 | $5.8M | $5.8M | $13K | $99K | 990 PDF |
| FY2022 | $5.0M | $5.0M | $21K | $86K | 990 PDF |
| FY2021 | $4.2M | $4.6M | −$372K | $65K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $5,597,704 revenue, 12 lines filed
Part VI · Governance 0 of 1 board members independent, 4 to look at
Part VIII · Statement of revenue $5,597,704 across 3 lines filed
Part IX · Statement of functional expenses $5,635,474 across 4 lines filed
Part X · Balance sheet $61,518 assets, 5 lines filed
Part XI · Reconciliation of net assets $61,518 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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