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← EMPLOYER-CONTRIBUTION VEBA TRUST FOR SOUTHERN METHODIST UNIVERSITY

Form 990 for tax year 2024

Filed by EMPLOYER-CONTRIBUTION VEBA TRUST FOR SOUTHERN METHODIST UNIVERSITY.

Totals

Total revenue
$16,088,247
Total expenses
$3,616,087
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,332,840
Investment income
$10,755,407
Other revenue
$0
Total assets, end of year
$58,709,789
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$58,709,789
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 CONTRIBUTIONS

    total $5,322,863 · related or exempt $5,322,863

  • 2b · Program service revenue: TIAA-CREF TRANSACTIONS

    total $9,977 · related or exempt $9,977

  • 3 · Investment income

    total $4,404,689 · related or exempt $4,404,689

  • 7a · Gross sales of assets other than inventory

    securities $64,856,651

  • 7b · Less cost or other basis and sales expenses

    securities $58,505,933

  • 7c · Gain or loss

    securities $6,350,718

  • 7d · Net gain or loss

    total $6,350,718 · related or exempt $6,350,718

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $3,515,031

  • 11a · Fees: management

    total $101,056

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,469,299 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $48,850,355 · end of year $58,709,789

  • 29 · Capital stock, trust principal or current funds

    beginning of year $51,319,654 · end of year $51,319,654

  • 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 $7,390,135

Mission and programs · 2024

Mission

THE TRUST HAS BEEN ESTABLISHED TO PROVIDE ACTIVE AND FORMER EMPLOYEES WITH HEALTH REIMBURSEMENT BENEFITS AS SET FORTH IN THE RELATED PLAN AND TO PROVIDE PAYMENT FOR HEALTH EXPENSES AS PERMITTED BY SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE.

Activities or mission (Part I)

TO PROVIDE QUALIFIED HEALTH AND WELFARE BENEFITS THROUGH A HEALTH REIMBURSEMENT ARRANGEMENT (HRA).

  • ALL EXPENSES INCURRED HAVE BEEN APPLIED IN ACCORDANCE WITH THE STATED MISSION FOR ACTIVE AND FORMER EMPLOYEES, AND TO DEFRAY THE COST OF ADMINISTERING THE PLAN.

As filed on the 2024 return.

Listed in Part VII

  • Tiaa Trust Na

    TRUSTEE

    Total calculated
    $750
    From this org
    $0
    From related orgs
    $0
    Other
    $750
    Hours/week
    0

  • Alta Trust

    TRUSTEE

    Total calculated
    $152
    From this org
    $0
    From related orgs
    $0
    Other
    $152
    Hours/week
    0

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • SOUTHERN METHODIST UNIVERSITY

    CONTRIBUTING EMPLOYER

Provenance

Return type
form_990
Tax year
2024
Filed
15 October 2025
IRS schema version
2024v5.2
Source object
202502889349300530

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