NFP500

#57 of 500 · Member & Benefit Funds

At&T Veba Trust

EIN 43-1491162 · TX · NTEE n/a · Form 990, fiscal 2023

A voluntary employees' beneficiary association (VEBA) trust established to fund and pay health and welfare benefits for eligible AT&T employees, retirees, and their dependents. It holds assets, primarily from employer and employee contributions, which are used to pay medical and related benefit claims. It operates as a benefit-financing vehicle for AT&T's employee benefit plans rather than as a public charity providing programs to the general public.

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Financials, fiscal 2023

Revenue
$2.49B
Expenses
$3.20B
Total assets
$212.4M
Net assets
$212.4M
Operating margin
-28.8%
1-year growth
-14.4%
5-year growth (CAGR)
-7.2%
Reserve (years of spending)
0.8
Contributions share
n/a
Programme spending
99.7%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
35

NFP Health Score: 43 / 100

Financial 5 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$3.36B
2020$3.19B
2021$2.95B
2022$2.90B
2023$2.49B