Civic Intelligence

AT&T Veba Trust

990 • Fiscal year 2017 • EIN 43-1491162

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 22, 2018

Organization ProfileN/A

View Organization Page

208 S Akard Street Room 1857Dallas, TX 75202

(214) 486-8753

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

2nd percentile

0.00x

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

2017 filings • $1B+ nonprofits • Source year 2017

Liabilities / Revenue

2nd percentile

0.00x

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

2017 filings • $1B+ nonprofits • Source year 2017

Net Margin

3rd percentile

-26%

Higher net margin than 3% of similar nonprofits.

2017 filings • $1B+ nonprofits • Source year 2017

Top Officer Pay

4th percentile

$38,418

Higher top officer pay than 4% of similar nonprofits.

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

2017 filings • $1B+ nonprofits • Source year 2017

Asset Growth

1st percentile

-22%

Faster asset growth than 1% of similar nonprofits.

2017 filings • $1B+ nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-11%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • $1B+ nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Flat

$402,804,904

Flat from 2017

Net Assets

Flat

$402,804,904

Flat from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin3rd percentile

Revenue

Flat

$3,886,825,335

Flat from 2017

Expenses

Flat

$4,909,120,605

Flat from 2017

Net Income

Flat

-$1,022,295,270

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $185,106,393Liabilities 2010: $0Net Assets 2010: $185,106,3932010Assets 2011: $201,693,984Liabilities 2011: $0Net Assets 2011: $201,693,9842011Assets 2012: $126,907,790Liabilities 2012: $0Net Assets 2012: $126,907,7902012Assets 2013: $138,766,453Liabilities 2013: $0Net Assets 2013: $138,766,4532013Assets 2014: $142,143,550Liabilities 2014: $0Net Assets 2014: $142,143,5502014Assets 2015: $135,293,411Liabilities 2015: $0Net Assets 2015: $135,293,4112015Assets 2016: $513,767,521Liabilities 2016: $0Net Assets 2016: $513,767,5212016Assets 2017: $402,804,904Liabilities 2017: $0Net Assets 2017: $402,804,9042017Assets 2017: $402,804,904Liabilities 2017: $0Net Assets 2017: $402,804,9042017Assets 2018: $516,587,671Liabilities 2018: $0Net Assets 2018: $516,587,6712018Assets 2019: $404,402,520Liabilities 2019: $0Net Assets 2019: $404,402,5202019Assets 2020: $455,393,364Liabilities 2020: $0Net Assets 2020: $455,393,3642020Assets 2021: $483,963,147Liabilities 2021: $0Net Assets 2021: $483,963,1472021Assets 2022: $460,381,233Liabilities 2022: $0Net Assets 2022: $460,381,2332022Assets 2023: $212,401,391Liabilities 2023: $0Net Assets 2023: $212,401,3912023Assets 2024: $55,903,639Liabilities 2024: $0Net Assets 2024: $55,903,6392024

Highlighted filing

2017

Assets$402,804,904
Liabilities$0
Net Assets$402,804,904
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0B$4.0B$2.0B$0-$2.0BRevenue 2010: $5,346,110,366Expenses 2010: $5,344,051,581Net Income 2010: $2,058,7852010Revenue 2011: $5,514,394,721Expenses 2011: $5,496,841,157Net Income 2011: $17,553,5642011Revenue 2012: $3,969,402,164Expenses 2012: $5,654,073,337Net Income 2012: -$1,684,671,1732012Revenue 2013: $4,105,354,106Expenses 2013: $5,605,803,300Net Income 2013: -$1,500,449,1942013Revenue 2014: $4,311,684,452Expenses 2014: $5,593,549,105Net Income 2014: -$1,281,864,6532014Revenue 2015: $3,953,321,746Expenses 2015: $4,889,356,658Net Income 2015: -$936,034,9122015Revenue 2016: $4,381,625,623Expenses 2016: $4,987,363,888Net Income 2016: -$605,738,2652016Revenue 2017: $3,886,825,335Expenses 2017: $4,909,120,605Net Income 2017: -$1,022,295,2702017Revenue 2017: $3,886,825,335Expenses 2017: $4,909,120,605Net Income 2017: -$1,022,295,2702017Revenue 2018: $3,406,130,645Expenses 2018: $4,624,922,368Net Income 2018: -$1,218,791,7232018Revenue 2019: $3,360,749,300Expenses 2019: $4,256,605,589Net Income 2019: -$895,856,2892019Revenue 2020: $3,190,629,395Expenses 2020: $4,005,592,950Net Income 2020: -$814,963,5552020Revenue 2021: $2,950,446,080Expenses 2021: $3,899,868,044Net Income 2021: -$949,421,9642021Revenue 2022: $2,904,976,190Expenses 2022: $3,543,160,104Net Income 2022: -$638,183,9142022Revenue 2023: $2,486,641,308Expenses 2023: $3,202,899,880Net Income 2023: -$716,258,5722023Revenue 2024: $2,072,945,177Expenses 2024: $2,745,213,045Net Income 2024: -$672,267,8682024

Highlighted filing

2017

Revenue$3,886,825,335
Expenses$4,909,120,605
Net Income-$1,022,295,270
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 22, 2018
Return Version
2017v2.3
Gross Receipts
$8,753,428,144
Mission and Program Overview

Mission

Payment of health and insurance benefits for at&t, inc. Employees, retirees and their dependents.

To fund benefit expenses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$513,767,521$402,804,904▼ $110,962,617
Savings and Temporary Cash Investments$432,399,381$316,976,504▼ $115,422,877
Investments in Publicly Traded Securities$81,101,860$85,485,220▲ $4,383,360
Accounts Receivable$266,280$343,180▲ $76,900
Cash and Non-Interest-Bearing Accounts$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$513,767,521$402,804,904▼ $110,962,617
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$513,767,521$402,804,904▼ $110,962,617
Total Liabilities and Net Assets / Fund Balance$513,767,521$402,804,904▼ $110,962,617
Compensation and Service Providers
Top Officer Pay4th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Frost BankTrusteeFT$38,418$38,418

Highest Paid Contractors

ContractorServicesLocationCompensation
Elite Physician LtdMed Claims Review6778 MILL ROAD, Rockford, IL 61108$1,372,390
Aon HewittPlan Mgmnt/bank Fee111 W MONROE STREET, Chicago, IL 60603$396,050
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,882,480,700
Investment Income
$4,315,153
Other Revenue
$29,482
Change in Net Assets
$-1,022,295,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,333,269
Salaries, Compensation, and Employee Benefits$38,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,906,748,918
Fees for Services Other---$1,572,823
Fees for Service Investment Mgmnt Fees---$552,068
Fees for Services Accounting---$206,959
Current Officers, Directors, Trustees, and Key Employees---$38,418
Other Expenses---$1,419
Total Functional Expenses$0$0$0$4,909,120,605
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
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
At&t Veba Trust
EIN
43-1491162
In Care Of
% AT&T INC
Phone
2144868753
Address
208 S AKARD STREET ROOM 1857, DALLAS, TX 75202

Signing Officer

Name
Paul W Stephens
Title
Senior VP-tax
Phone
2673303000
Signed
2018-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul W Stephens
Formed
1987
Legal Domicile
TX
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
PricewaterhouseCoopers LLP
Address
2001 MARKET ST SUITE 1800, PHILADELPHIA, PA 19103
Preparer
Erica R Mcreynolds
Phone
2673303000
Supplemental Narrative

Additional Explanations

Describe Process Used by Mgmt &/or Governing Body to Review 990

“Form 990, part vi, section b, line 11b the form 990 is prepared by an outside firm based on the information provided by at&t, inc. And is reviewed by the tax department of at&t, inc. Before filing. Availability of governing documents, conflict of interest policy, & financial statements to general public form 990, part vi, section c, line 19 this is an irc section 501(c)(9) voluntary employees' beneficiary association which covers only eligible employees of at&t, inc. There is no solicitation of contributions or involvement of the general public. The organization's governing documents and financial statements are available to members of the veba upon written request to: veba at&t, inc. 208 s. Akard street, room 1857 dallas, tx 75202 reconciliation of net assets form 990, part xi, line 9 transfers of benefit payments at&t union welfare benefit trust $ 879,936,398 bellsouth corp hct - retirees 29,000,000 transfers from other trusts 217 _____________ $ 908,936,615”

Raw XML Appendix388 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/BOYAmt0266280
IRS990/AccountsReceivableGrp/EOYAmt0343180
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO FUND BENEFIT EXPENSES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt04906748918
IRS990/BooksInCareOfDetail/PersonNm0ATT INC
IRS990/BooksInCareOfDetail/PhoneNum02144868753
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 S AKARD STREET ROOM 1857
IRS990/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075202
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0513767521
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0402804904
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt038418
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt01372390
IRS990/ContractorCompensationGrp/CompensationAmt1396050
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt06778 MILL ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1111 W MONROE STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ROCKFORD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd061108
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd160603
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0ELITE PHYSICIAN LTD
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1AON HEWITT
IRS990/ContractorCompensationGrp/ServicesDesc0MED CLAIMS REVIEW
IRS990/ContractorCompensationGrp/ServicesDesc1PLAN MGMNT/BANK FEE
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04906748918
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04315153
IRS990/CYOtherExpensesAmt02333269
IRS990/CYOtherRevenueAmt029482
IRS990/CYProgramServiceRevenueAmt03882480700
IRS990/CYRevenuesLessExpensesAmt0-1022295270
IRS990/CYSalariesCompEmpBnftPaidAmt038418
IRS990/CYTotalExpensesAmt04909120605
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03886825335
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PAYMENT OF HEALTH AND INSURANCE BENEFITS FOR AT&T, INC. EMPLOYEES, RETIREES AND THEIR DEPENDENTS AS PERMITTED UNDER IRC 501(C)(9).
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt04906748918
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt0206959
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt01572823
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0552068
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.0
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0FROST BANK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt038418
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt01191792
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04867794601
IRS990/GrossReceiptsAmt08753428144
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt03123361
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03123361
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt081101860
IRS990/InvestmentsPubTradedSecGrp/EOYAmt085485220
IRS990/IRPDocumentCnt081
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04866602809
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PAYMENT OF HEALTH AND INSURANCE BENEFITS FOR AT&T, INC. EMPLOYEES, RETIREES AND THEIR DEPENDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0513767521
IRS990/NetAssetsOrFundBalancesEOYAmt0402804904
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01191792
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01191792
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02396038
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0908936615
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FOREIGN TAX WITHHOLDING
IRS990/OtherExpensesGrp/TotalAmt01419
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt029482
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt029482
IRS990/OtherRevenueTotalAmt029482
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/PrincipalOfficerNm0PAUL W STEPHENS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTION
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYEE CONTRIBUTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03646295602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1236185098
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03646295602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1236185098
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt04984660561
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02162766
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02651762
IRS990/PYOtherRevenueAmt07742
IRS990/PYProgramServiceRevenueAmt04379455115
IRS990/PYRevenuesLessExpensesAmt0-605738265
IRS990/PYSalariesCompEmpBnftPaidAmt051565
IRS990/PYTotalExpensesAmt04987363888
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04381625623
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1022295270
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03882480700
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0432399381
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0316976504
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE FIRM BASED ON THE INFORMATION PROVIDED BY AT&T, INC. AND IS REVIEWED BY THE TAX DEPARTMENT OF AT&T, INC. BEFORE FILING. AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FINANCIAL STATEMENTS TO GENERAL PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THIS IS AN IRC SECTION 501(C)(9) VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION WHICH COVERS ONLY ELIGIBLE EMPLOYEES OF AT&T, INC. THERE IS NO SOLICITATION OF CONTRIBUTIONS OR INVOLVEMENT OF THE GENERAL PUBLIC. THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS OF THE VEBA UPON WRITTEN REQUEST TO: VEBA AT&T, INC. 208 S. AKARD STREET, ROOM 1857 DALLAS, TX 75202 RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 TRANSFERS OF BENEFIT PAYMENTS AT&T UNION WELFARE BENEFIT TRUST $ 879,936,398 BELLSOUTH CORP HCT - RETIREES 29,000,000 TRANSFERS FROM OTHER TRUSTS 217 _____________ $ 908,936,615
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0DESCRIBE PROCESS USED BY MGMT &/OR GOVERNING BODY TO REVIEW 990
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0431301883
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0TELECOMMUNICATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0AT&T INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0208 S AKARD STREET RM 1857
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0DALLAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd075202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0879936398
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt129000000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AT&T UNION WELFARE BENEFIT TRUST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1BELLSOUTH CORP HCT - RETIREES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0513767521
IRS990/TotalAssetsEOYAmt0402804904
IRS990/TotalAssetsGrp/BOYAmt0513767521
IRS990/TotalAssetsGrp/EOYAmt0402804904
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04909120605
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0513767521
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0402804904
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04906748918
IRS990/TotalProgramServiceRevenueAmt03882480700
IRS990/TotalReportableCompFromOrgAmt038418
IRS990/TotalRevenueGrp/ExclusionAmt04344635
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03882480700
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03886825335
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0513767521
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0402804904
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0208 S AKARD STREET ROOM 1857
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075202
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL W STEPHENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SENIOR VP-TAX
ReturnHeader/BusinessOfficerGrp/PhoneNum02673303000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AT&T VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0AT&T
ReturnHeader/Filer/EIN0431491162
ReturnHeader/Filer/InCareOfNm0% AT&T INC
ReturnHeader/Filer/PhoneNum02144868753
ReturnHeader/Filer/USAddress/AddressLine1Txt0208 S AKARD STREET ROOM 1857
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075202
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09836F21211F783457B1CAAE389E510E1D47B5978
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09836F21211F783457B1CAAE389E510E1D47B5978
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId023522320183095000008
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0155.201.188.33
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PricewaterhouseCoopers LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02001 MARKET ST SUITE 1800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019103
ReturnHeader/PreparerPersonGrp/PhoneNum02673303000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERICA R MCREYNOLDS
ReturnHeader/ReturnTs02018-11-05T11:02:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$402,804,904
Liabilities
$0
Net assets
$402,804,904
Revenue
$3,886,825,335
Expenses
$4,909,120,605
Net income
-$1,022,295,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.9$0.00$55.9$2,073$2,745$672
2023Summary only. Only limited summary data is available for this year.$212$0.00$212$2,487$3,203$716
2022Summary only. Only limited summary data is available for this year.$460$0.00$460$2,905$3,543$638
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$484$0.00$484$2,950$3,900$949
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$455$0.00$455$3,191$4,006$815
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$404$0.00$404$3,361$4,257$896
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$517$0.00$517$3,406$4,625$1,219
2017Detailed filing. Detailed filing data is available for this year.$403$0.00$403$3,887$4,909$1,022
2017Summary only. Only limited summary data is available for this year.$403$0.00$403$3,887$4,909$1,022
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$514$0.00$514$4,382$4,987$606
2015Summary only. Only limited summary data is available for this year.$135$0.00$135$3,953$4,889$936
2014Summary only. Only limited summary data is available for this year.$142$0.00$142$4,312$5,594$1,282
2013Summary only. Only limited summary data is available for this year.$139$0.00$139$4,105$5,606$1,500
2012Summary only. Only limited summary data is available for this year.$127$0.00$127$3,969$5,654$1,685
2011Summary only. Only limited summary data is available for this year.$202$0.00$202$5,514$5,497$17.6
2010Summary only. Only limited summary data is available for this year.$185$0.00$185$5,346$5,344$2.06