Civic Intelligence

Employer Contribution Veba Trust Pepperdine

EIN 04-3838449 • 501(c)9 • Malibu, CA

Profile

To provide retiree health benefits to the employer's former employees and their spouses and dependents, although other benefits may be provided as described in the plan document.

24255 Pacific Coast HwyMalibu, CA 90263

www.pepperdine.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Net Margin

59th percentile

9.7%

Higher net margin than 59% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$464,238

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 56.9% of source-year revenue.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Asset Growth

47th percentile

5.4%

Faster asset growth than 47% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

55%

Faster revenue growth than 92% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$16,346,104

Up $839,362 (+5.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$16,346,104

Up $839,362 (+5.4%) from 2023

Revenue

Up

$815,467

Up $290,214 (+55%) from 2023

Expenses

Up

$736,156

Up $189,066 (+35%) from 2023

Net Income

Up

$79,311

Up $101,148 (+463%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $6,604,880Liabilities 2011: $0Net Assets 2011: $6,604,8802011Assets 2012: $8,552,549Liabilities 2012: $0Net Assets 2012: $8,552,5492012Assets 2013: $10,927,013Liabilities 2013: $0Net Assets 2013: $10,927,0132013Assets 2014: $12,445,804Liabilities 2014: $0Net Assets 2014: $12,445,8042014Assets 2015: $13,288,670Liabilities 2015: $0Net Assets 2015: $13,288,6702015Assets 2016: $14,865,974Liabilities 2016: $0Net Assets 2016: $14,865,9742016Assets 2017: $15,599,323Liabilities 2017: $0Net Assets 2017: $15,599,3232017Assets 2018: $16,026,893Liabilities 2018: $0Net Assets 2018: $16,026,8932018Assets 2019: $16,074,611Liabilities 2019: $0Net Assets 2019: $16,074,6112019Assets 2020: $16,174,398Liabilities 2020: $0Net Assets 2020: $16,174,3982020Assets 2021: $16,177,387Liabilities 2021: $0Net Assets 2021: $16,177,3872021Assets 2022: $14,014,851Liabilities 2022: $0Net Assets 2022: $14,014,8512022Assets 2023: $15,506,742Liabilities 2023: $0Net Assets 2023: $15,506,7422023Assets 2024: $16,346,104Liabilities 2024: $0Net Assets 2024: $16,346,1042024

Highlighted filing

2024

Assets$16,346,104
Liabilities$0
Net Assets$16,346,104

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,319,531Expenses 2011: $115,712Net Income 2011: $1,203,8192011Expenses 2012: $178,7982012Revenue 2013: $1,836,829Expenses 2013: $231,415Net Income 2013: $1,605,4142013Revenue 2014: $2,065,983Expenses 2014: $292,447Net Income 2014: $1,773,5362014Revenue 2015: $1,888,663Expenses 2015: $273,882Net Income 2015: $1,614,7812015Revenue 2016: $1,724,837Expenses 2016: $326,762Net Income 2016: $1,398,0752016Revenue 2017: $704,031Expenses 2017: $266,694Net Income 2017: $437,3372017Revenue 2018: $917,347Expenses 2018: $370,941Net Income 2018: $546,4062018Revenue 2019: $262,246Expenses 2019: $410,303Net Income 2019: -$148,0572019Revenue 2020: $226,954Expenses 2020: $308,819Net Income 2020: -$81,8652020Revenue 2021: $180,981Expenses 2021: $417,014Net Income 2021: -$236,0332021Revenue 2022: $1,005,769Expenses 2022: $552,043Net Income 2022: $453,7262022Revenue 2023: $525,253Expenses 2023: $547,090Net Income 2023: -$21,8372023Revenue 2024: $815,467Expenses 2024: $736,156Net Income 2024: $79,3112024

Highlighted filing

2024

Revenue$815,467
Expenses$736,156
Net Income$79,311

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$0.00$16.3$0.82$0.74$0.08
2023Detailed filing. Detailed filing data is available for this year.$15.5$0.00$15.5$0.53$0.55$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.00$14.0$1.01$0.55$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$0.00$16.2$0.18$0.42$0.24
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$0.00$16.2$0.23$0.31$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$0.00$16.1$0.26$0.41$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.00$16.0$0.92$0.37$0.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$0.00$15.6$0.70$0.27$0.44
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$0.00$14.9$1.72$0.33$1.40
2015Detailed filing. Detailed filing data is available for this year.$13.3$0.00$13.3$1.89$0.27$1.61
2014Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$2.07$0.29$1.77
2013Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$1.84$0.23$1.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.55$0.00$8.55$0.18
2011Summary only. Only limited summary data is available for this year.$6.60$0.00$6.60$1.32$0.12$1.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.2
Gross Receipts
$815,467
Mission and Program Overview

Mission

To provide retiree health benefits to the employer's former employees and their spouses and dependents, although other benefits may be provided as described in the plan document.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,506,742$16,346,104▲ $839,362
Cap Stk Tr Prin Current Funds$15,506,742$16,346,104▲ $839,362
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$15,506,742$16,346,104▲ $839,362
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,506,742$16,346,104▲ $839,362
Total Liabilities and Net Assets / Fund Balance$15,506,742$16,346,104▲ $839,362
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hand Benefits and TrustTrustee
Greg RamirezCFO of Pepperdine University
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,525
Investment Income
$813,942
Other Revenue
$0
Change in Net Assets
$79,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$619,523--$619,523
Fees for Service Investment Mgmnt Fees-$116,633-$116,633
Total Functional Expenses$619,523$116,633$0$736,156
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Employer Contribution Veba Trust
EIN
04-3838449
In Care Of
% HAND BENEFITS AND TRUST
Phone
3105064397
Address
24255 Pacific Coast Hwy, Malibu, CA 90263

Signing Officer

Name
Greg G Ramirez
Title
CFO of Pepperdine U.
Phone
3105064000
Signed
2025-09-30

Organization Details

Principal Officer
Greg G Ramirez
Formed
2005
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

ORGANIZATION'S PROCESS TO REVIEW FORM 990

Bpas is responsible for preparation of the form 990 based on the information contained in their records. Upon completion, a copy of form 990 is forwarded to the plan sponsor for review and approval. Once approved, form 990 is then filed with the federal taxing authority by the regulatory deadline.

Governing Documents Disclosure Explanation

The organization makes its documents and policies available upon request.

Raw XML Appendix363 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityCd0525100
IRS990/ActivityOrMissionDesc0To provide retiree health benefits to the employer's former employees and their spouses and dependents, although other benefits may be provided as described in the plan document.
IRS990/AdvertisingGrp/TotalAmt00
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IRS990/BooksInCareOfDetail/PhoneNum07137443803
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0820 GESSNER ROAD SUITE 1250
IRS990/BooksInCareOfDetail/USAddress/CityNm0Houston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077024
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
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IRS990/ConsolidatedAuditFinclStmtInd0true
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IRS990/CYContributionsGrantsAmt00
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IRS990/CYTotalRevenueAmt0815467
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeferredRevenueGrp/BOYAmt00
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IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0This trust is a voluntary employees beneficiary association that was established for the purpose of providing active and post retirement health benefitting participants throughout the plan year 2024.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
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IRS990/ExpenseAmt0619523
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
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IRS990/FeesForServicesManagementGrp/TotalAmt00
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IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0116633
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0116633
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt036961
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0Greg Ramirez
IRS990/Form990PartVIISectionAGrp/PersonNm1Hand Benefits and Trust
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0427277
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0CFO of Pepperdine University
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsPayableGrp/BOYAmt00
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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0815467
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
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IRS990/InvestmentIncomeGrp/ExclusionAmt0813942
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0813942
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015506742
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IRS990/IRPDocumentCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
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IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesBOYAmt015506742
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0760051
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IRS990/OccupancyGrp/TotalAmt00
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
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IRS990/RelatedEntityInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt034500
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Greg Ramirez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO of Pepperdine University
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BPAS IS RESPONSIBLE FOR PREPARATION OF THE FORM 990 BASED ON THE INFORMATION CONTAINED IN THEIR RECORDS. UPON COMPLETION, A COPY OF FORM 990 IS FORWARDED TO THE PLAN SPONSOR FOR REVIEW AND APPROVAL. ONCE APPROVED, FORM 990 IS THEN FILED WITH THE FEDERAL TAXING AUTHORITY BY THE REGULATORY DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0ORGANIZATION'S PROCESS TO REVIEW FORM 990
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IRS990/TotalProgramServiceRevenueAmt01525
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IRS990/WebsiteAddressTxt0N/A
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG G RAMIREZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO of Pepperdine U.
ReturnHeader/BusinessOfficerGrp/PhoneNum03105064000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMPLOYER CONTRIBUTION VEBA TRUST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PEPPERDINE UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0EMPL
ReturnHeader/Filer/EIN0043838449
ReturnHeader/Filer/InCareOfNm0% HAND BENEFITS AND TRUST
ReturnHeader/Filer/PhoneNum03105064397
ReturnHeader/Filer/USAddress/AddressLine1Txt024255 Pacific Coast Hwy
ReturnHeader/Filer/USAddress/CityNm0Malibu
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090263
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-10-01T09:02:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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