Civic Intelligence

Amgen Inc Voluntary Employees Beneficiary

EIN 26-1582113 • 501(c)9 • Thousand Oaks, CA

Profile

Voluntary employee beneficiary association tax exempt trust with the purpose of holding assets to provide benefits for a retiree medical employee benefit plan.

1 Amgen Center Drive Suite 21-1-AThousand Oaks, CA 91320

n/A

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

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

501(c)9 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)9 • $100M-$250M nonprofits • Source year 2024

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Asset Growth

88th percentile

20%

Faster asset growth than 88% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

18%

Faster revenue growth than 79% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$247,008,407

Up $82,514,009 (+50%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$247,008,407

Up $82,514,009 (+50%) from 2022

Operations
Liabilities / Revenue19th percentileNet Margin94th percentile

Revenue

Up

$22,984,015

Up $6,970,186 (+44%) from 2022

Expenses

Up

$7,456,975

Up $2,500,720 (+50%) from 2022

Net Income

Up

$15,527,040

Up $4,469,466 (+40%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

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

$300M$200M$100M$0Assets 2010: $12,981,132Liabilities 2010: $0Net Assets 2010: $12,981,1322010Assets 2011: $20,721,178Liabilities 2011: $0Net Assets 2011: $20,721,1782011Assets 2012: $31,564,065Liabilities 2012: $0Net Assets 2012: $31,564,0652012Assets 2013: $47,508,580Liabilities 2013: $0Net Assets 2013: $47,508,5802013Assets 2014: $60,896,525Liabilities 2014: $0Net Assets 2014: $60,896,5252014Assets 2015: $66,169,075Liabilities 2015: $0Net Assets 2015: $66,169,0752015Assets 2017: $98,690,290Liabilities 2017: $0Net Assets 2017: $98,690,2902017Assets 2018: $98,637,443Liabilities 2018: $0Net Assets 2018: $98,637,4432018Assets 2021: $190,776,436Liabilities 2021: $0Net Assets 2021: $190,776,4362021Assets 2022: $164,494,398Liabilities 2022: $0Net Assets 2022: $164,494,3982022Assets 2024: $247,008,407Liabilities 2024: $0Net Assets 2024: $247,008,4072024

Highlighted filing

2024

Assets$247,008,407
Liabilities$0
Net Assets$247,008,407
Open 2024 Filing

Operations Trend

Revenue Growth79th percentile

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

$30M$20M$10M$0Expenses 2010: $18,4302010Expenses 2011: $66,7032011Expenses 2012: $263,7942012Revenue 2013: $10,122,847Expenses 2013: $646,965Net Income 2013: $9,475,8822013Revenue 2014: $11,967,783Expenses 2014: $1,026,388Net Income 2014: $10,941,3952014Revenue 2015: $9,654,656Expenses 2015: $1,628,156Net Income 2015: $8,026,5002015Revenue 2017: $11,665,264Expenses 2017: $2,933,270Net Income 2017: $8,731,9942017Revenue 2018: $12,243,051Expenses 2018: $3,210,573Net Income 2018: $9,032,4782018Revenue 2021: $18,964,242Expenses 2021: $4,410,763Net Income 2021: $14,553,4792021Revenue 2022: $16,013,829Expenses 2022: $4,956,255Net Income 2022: $11,057,5742022Revenue 2024: $22,984,015Expenses 2024: $7,456,975Net Income 2024: $15,527,0402024

Highlighted filing

2024

Revenue$22,984,015
Expenses$7,456,975
Net Income$15,527,040
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$247,008,407
Liabilities
$0
Net assets
$247,008,407
Revenue
$22,984,015
Expenses
$7,456,975
Net income
$15,527,040
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$247$0.00$247$23.0$7.46$15.5
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$164$0.00$164$16.0$4.96$11.1
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$191$0.00$191$19.0$4.41$14.6
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.6$0.00$98.6$12.2$3.21$9.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.7$0.00$98.7$11.7$2.93$8.73
2015Detailed filing. Detailed filing data is available for this year.$66.2$0.00$66.2$9.65$1.63$8.03
2014Detailed filing. Detailed filing data is available for this year.$60.9$0.00$60.9$12.0$1.03$10.9
2013Detailed filing. Detailed filing data is available for this year.$47.5$0.00$47.5$10.1$0.65$9.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.6$0.00$31.6$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$0.00$20.7$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.00$13.0$0.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$43,808,289
Mission and Program Overview

Mission

Voluntary employee beneficiary association tax exempt trust with the purpose of holding assets to provide benefits for a retiree medical employee benefit plan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$190,776,436$164,494,398▼ $26,282,038
Rtn Earn Endowment Incm Other Fnds$190,776,436$164,494,398▼ $26,282,038
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
Cap Stk Tr Prin Current Funds$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$190,776,436$164,494,398▼ $26,282,038
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$190,776,436$164,494,398▼ $26,282,038
Total Liabilities and Net Assets / Fund Balance$190,776,436$164,494,398▼ $26,282,038
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Bank of AmericaTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,099,129
Investment Income
$2,914,700
Other Revenue
$0
Change in Net Assets
$11,057,574

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,013,829
Revenue Not Reported on Form 990
$-37,339,612
Total Revenue per Audited Statements
$-21,325,783
Total Revenue per Form 990
$16,013,829
Expenses and Functional Allocation

Major Expense Lines

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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$4,956,255--$4,956,255
Total Functional Expenses$4,956,255$0$0$4,956,255

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,956,255
Total Expenses per Audited Statements$4,956,255
Total Expenses per Form 990$4,956,255
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 Part VI Section A Lines 8A and B

“Governing body and management documentation amgen inc., the plan sponsor of the retiree medical savings account plan for which the veba holds assets, maintains written documentation of amendments to the plan adopted by the compensation and management development committee of the board of directors of amgen inc. There have been no written actions with respect to the veba. A committee of fiduciaries monitors the veba investments. Meeting minutes are recorded for fiduciary committee meetings.”

Form 990 Part VI Section B Line 11B

“Policies review of form 990 the form 990 was prepared by a public accounting firm. A director of human resources reviewed the form 990 as well as other appropriate individuals at amgen.”

Form 990 Part VI Section B Lines 12A, 13 and 14

“Policies conflict of interest and other policies the veba is governed by erisa and amgen inc.(sponsor) has a written conflict of interest policy, written whistleblower policy and written document retention and destruction policy.”

Form 990 Part VI Section C Line 19

“Disclosure the veba makes documents available as required by erisa and amgen inc. Makes its conflict of interest policy available to staff members on the company intranet and financial statements available to the public on its website.”

Filing and Contact Details

Filer

Filer Name
Amgen Inc Voluntary Employees Beneficiary
EIN
26-1582113
In Care Of
% VINCE BRIGANDI
Phone
8054477070
Address
1 Amgen Center Drive Suite 21-1-A, Thousand Oaks, CA 91320

Signing Officer

Name
Vince Brigandi
Title
Executive Director
Phone
8054477070
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vince Brigandi
Formed
2009
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA
Address
4250 Lancaster Pike Suite 120, Wilmington, DE 19805
Preparer
Jacob Cook EA
Phone
3026565500
Supplemental Narrative

Additional Explanations

Form 990, Part IX

“Benefits paid to or for members the trust provides reimbursements for eligible medical expenses.”

Financial Statement Notes

Schedule D, Part X, Line 2

“The veba trust portion of the plan has received an exemption letter from the irs dated april 29, 2009, stating that the trust is tax-exempt under the applicable provisions of the code. The plan and trust are required to operate in conformity with the code to maintain the tax-exempt status of the trust. The company believes the plan is being operated in compliance with the applicable requirements of the code and, therefore, believes the related trust is tax exempt.”

Raw XML Appendix374 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION TAX EXEMPT TRUST WITH THE PURPOSE OF HOLDING ASSETS TO PROVIDE BENEFITS FOR A RETIREE MEDICAL EMPLOYEE BENEFIT PLAN.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/ProgramServicesAmt04956255
IRS990/BenefitsToMembersGrp/TotalAmt04956255
IRS990/BooksInCareOfDetail/PersonNm0VINCE BRIGANDI
IRS990/BooksInCareOfDetail/PhoneNum08054477070
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01 AMGEN CENTER DRIVE 21-1-A
IRS990/BooksInCareOfDetail/USAddress/CityNm0THOUSAND OAKS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091320
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04956255
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02914700
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt013099129
IRS990/CYRevenuesLessExpensesAmt011057574
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04956255
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt016013829
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE ORGANIZATION IS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION TAX EXEMPT TRUST WITH THE PURPOSE OF HOLDING ASSETS TO PROVIDE BENEFITS FOR A RETIREE MEDICAL EMPLOYEE BENEFIT PLAN.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.0
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0BANK OF AMERICA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-1045128
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt026749332
IRS990/GrossReceiptsAmt043808289
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt03959828
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03959828
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0190776436
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0164494398
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt027794460
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION TAX EXEMPT TRUST WITH THE PURPOSE OF HOLDING ASSETS TO PROVIDE BENEFITS FOR A RETIREE MEDICAL EMPLOYEE BENEFIT PLAN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0190776436
IRS990/NetAssetsOrFundBalancesEOYAmt0164494398
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1045128
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1045128
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-37339612
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0VINCE BRIGANDI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PARTICIPANT CONTRIBUTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013099129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013099129
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt04410763
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07033152
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt011931090
IRS990/PYRevenuesLessExpensesAmt014553479
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04410763
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018964242
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt011057574
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0190776436
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0164494398
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt04956255
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-37339612
IRS990ScheduleD/RevenueNotReportedAmt0-37339612
IRS990ScheduleD/RevenueSubtotalAmt016013829
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA TRUST PORTION OF THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED APRIL 29, 2009, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE APPLICABLE PROVISIONS OF THE CODE. THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE CODE TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE COMPANY BELIEVES THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE CODE AND, THEREFORE, BELIEVES THE RELATED TRUST IS TAX EXEMPT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt04956255
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt016013829
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-21325783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04956255
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY AND MANAGEMENT DOCUMENTATION AMGEN INC., THE PLAN SPONSOR OF THE RETIREE MEDICAL SAVINGS ACCOUNT PLAN FOR WHICH THE VEBA HOLDS ASSETS, MAINTAINS WRITTEN DOCUMENTATION OF AMENDMENTS TO THE PLAN ADOPTED BY THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE OF THE BOARD OF DIRECTORS OF AMGEN INC. THERE HAVE BEEN NO WRITTEN ACTIONS WITH RESPECT TO THE VEBA. A COMMITTEE OF FIDUCIARIES MONITORS THE VEBA INVESTMENTS. MEETING MINUTES ARE RECORDED FOR FIDUCIARY COMMITTEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POLICIES REVIEW OF FORM 990 THE FORM 990 WAS PREPARED BY A PUBLIC ACCOUNTING FIRM. A DIRECTOR OF HUMAN RESOURCES REVIEWED THE FORM 990 AS WELL AS OTHER APPROPRIATE INDIVIDUALS AT AMGEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICIES CONFLICT OF INTEREST AND OTHER POLICIES THE VEBA IS GOVERNED BY ERISA AND AMGEN INC.(SPONSOR) HAS A WRITTEN CONFLICT OF INTEREST POLICY, WRITTEN WHISTLEBLOWER POLICY AND WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE THE VEBA MAKES DOCUMENTS AVAILABLE AS REQUIRED BY ERISA AND AMGEN INC. MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO STAFF MEMBERS ON THE COMPANY INTRANET AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BENEFITS PAID TO OR FOR MEMBERS THE TRUST PROVIDES REIMBURSEMENTS FOR ELIGIBLE MEDICAL EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART VI SECTION A LINES 8A AND B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART VI SECTION B LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART VI SECTION B LINES 12A, 13 AND 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART VI SECTION C LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0953540776
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0BIOTECHNOLOGY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0AMGEN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01 AMGEN CENTER DRIVE21-1-A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0THOUSAND OAKS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd091320
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
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IRS990ScheduleR/TransferToOtherOrgInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0190776436
IRS990/TotalAssetsEOYAmt0164494398
IRS990/TotalAssetsGrp/BOYAmt0190776436
IRS990/TotalAssetsGrp/EOYAmt0164494398
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04956255
IRS990/TotalFunctionalExpensesGrp/TotalAmt04956255
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0190776436
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0164494398
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt013099129
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02914700
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013099129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016013829
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0190776436
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0164494398
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 AMGEN CENTER 21-1-A
IRS990/USAddress/CityNm0THOUSAND OAKS
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091320
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VINCE BRIGANDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08054477070
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMGEN INC VOLUNTARY EMPLOYEES BENEFICIARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION TRUST
ReturnHeader/Filer/BusinessNameControlTxt0AMGE
ReturnHeader/Filer/EIN0261582113
ReturnHeader/Filer/InCareOfNm0% VINCE BRIGANDI
ReturnHeader/Filer/PhoneNum08054477070
ReturnHeader/Filer/USAddress/AddressLine1Txt01 Amgen Center Drive Suite 21-1-A
ReturnHeader/Filer/USAddress/CityNm0Thousand Oaks
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091320
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO USA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04250 Lancaster Pike Suite 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilmington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019805
ReturnHeader/PreparerPersonGrp/PhoneNum03026565500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jacob Cook EA
ReturnHeader/ReturnTs02023-11-09T20:05:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VINCE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRIGANDI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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