NFP500

#161 of 500 · Member & Benefit Funds

United Parcel Service Veba Ups Health And Welfare Plan

EIN 22-2899653 · GA · NTEE n/a · Form 990, fiscal 2023

A voluntary employees' beneficiary association trust under IRC 501(c)(9), based in Atlanta, Georgia. It serves as the funding vehicle for UPS employee benefit plans, holding and disbursing employer and employee contributions to pay health, welfare and related benefits for covered active and former UPS employees and their dependents. It is a benefit-funding trust rather than a program-delivering charity.

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Financials, fiscal 2023

Revenue
$918.5M
Expenses
$913.1M
Total assets
$9.5M
Net assets
$9.5M
Operating margin
0.6%
1-year growth
-10.3%
5-year growth (CAGR)
3.0%
Reserve (years of spending)
0.1
Contributions share
n/a
Programme spending
100.0%
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: 58 / 100

Financial 34 · 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$816.2M
2020$863.2M
2021$950.4M
2022$1.02B
2023$918.5M