Totals
- Total revenue
- $490,896,566
- Total expenses
- $470,718,814
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $455,740,297
- Investment income
- $546,606
- Other revenue
- $34,609,663
- Total assets, end of year
- $47,774,526
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $47,774,526
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTION
total $300,500,000 · related or exempt $300,500,000
-
2b · Program service revenue: EMPLOYEE CONTRIBUTION
total $113,443,558 · related or exempt $113,443,558
-
2c · Program service revenue: PARTNER CONTRIBUTIONS
total $41,796,739 · related or exempt $41,796,739
-
3 · Investment income
total $546,606 · excluded $546,606
-
11a · Other revenue: PHARMACY REBATE
total $34,401,317 · related or exempt $34,401,317
-
11b · Other revenue: MISCELLANEOUS REFUNDS
total $208,346 · related or exempt $208,346
-
11e · Other revenue, total
$34,609,663
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $435,048,240
-
5 · Compensation of officers, directors and key employees
total $75,822
-
11g · Fees: other
total $15,240,296
-
23 · Insurance
total $20,354,456
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $11,968,308
-
2 · Savings and temporary cash investments
beginning of year $27,533,482 · end of year $35,741,332
-
4 · Accounts receivable
beginning of year $63,292 · end of year $64,886
-
29 · Capital stock, trust principal or current funds
beginning of year $27,596,774 · end of year $47,774,526
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
THE VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION (VEBA) PROVIDES HEALTH AND DENTAL BENEFITS TO ELIGIBLE MEMBERS.
Activities or mission (Part I)
PROVISION OF HEALTH AND DENTAL BENEFITS TO ELIGIBLE MEMBERS
-
PROVISION OF HEALTH AND DENTAL BENEFITS TO ELIGIBLE ACTIVE AND RETIRED PARTICIPANTS OF KPMG, LLP.
As filed on the 2024 return.
Listed in Part VII
-
State Street BankSTATE STREET BANK
TRUSTEE (SEE SCHEDULE O)
- Total calculated
- $75,822
- From this org
- $75,822
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.01
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
KPMG LLP
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503169349307905
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