Civic Intelligence

Aba Veba

990 • Fiscal year 2020 • EIN 52-1767808

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 11, 2021

Organization ProfileN/A

View Organization Page

1120 Connecticut Avenue NWWashington, DC 20036

(202) 663-5054

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$7,923,319

Down $2,317,905 (-23%) from 2019

Net Assets

Down

$7,465,867

Down $806,453 (-9.7%) from 2019

Liabilities

Down

$457,452

Down $1,511,452 (-77%) from 2019

Revenue And Expenses

Revenue

Down

$817,795

Down $1,217,950 (-60%) from 2019

Expenses

Down

$1,586,096

Down $1,472,966 (-48%) from 2019

Net Income

Up

-$768,301

Up $255,016 (+25%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $13,103,817Liabilities 2011: $59,142Net Assets 2011: $13,044,6752011Assets 2012: $14,172,918Liabilities 2012: $23,056Net Assets 2012: $14,149,8622012Assets 2013: $15,827,731Liabilities 2013: $134,322Net Assets 2013: $15,693,4092013Assets 2014: $16,845,773Liabilities 2014: $58,970Net Assets 2014: $16,786,8032014Assets 2015: $15,808,001Liabilities 2015: $1,096,431Net Assets 2015: $14,711,5702015Assets 2016: $14,123,088Liabilities 2016: $742,351Net Assets 2016: $13,380,7372016Assets 2017: $12,443,669Liabilities 2017: $655,339Net Assets 2017: $11,788,3302017Assets 2018: $11,467,601Liabilities 2018: $970,745Net Assets 2018: $10,496,8562018Assets 2019: $10,241,224Liabilities 2019: $1,968,904Net Assets 2019: $8,272,3202019Assets 2020: $7,953,328Liabilities 2020: $402,817Net Assets 2020: $7,550,5112020Assets 2020: $7,923,319Liabilities 2020: $457,452Net Assets 2020: $7,465,8672020Assets 2021: $7,309,440Liabilities 2021: $104,762Net Assets 2021: $7,204,6782021Assets 2022: $15,420,645Liabilities 2022: $64,302Net Assets 2022: $15,356,3432022Assets 2023: $16,181,371Liabilities 2023: $106,903Net Assets 2023: $16,074,4682023Assets 2024: $16,610,421Liabilities 2024: $77,999Net Assets 2024: $16,532,4222024

Highlighted filing

2020

Assets$7,923,319
Liabilities$457,452
Net Assets$7,465,867
Open 2020 Filing

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,721,807Expenses 2011: $1,543,818Net Income 2011: $1,177,9892011Revenue 2012: $2,325,421Expenses 2012: $1,863,111Net Income 2012: $462,3102012Revenue 2013: $2,868,138Expenses 2013: $1,458,176Net Income 2013: $1,409,9622013Revenue 2014: $2,025,991Expenses 2014: $2,158,794Net Income 2014: -$132,8032014Revenue 2015: $1,975,978Expenses 2015: $2,186,881Net Income 2015: -$210,9032015Revenue 2016: $1,449,578Expenses 2016: $3,029,363Net Income 2016: -$1,579,7852016Revenue 2017: $2,008,917Expenses 2017: $3,438,851Net Income 2017: -$1,429,9342017Revenue 2018: $1,521,482Expenses 2018: $3,022,019Net Income 2018: -$1,500,5372018Revenue 2019: $2,035,745Expenses 2019: $3,059,062Net Income 2019: -$1,023,3172019Revenue 2020: $330,374Expenses 2020: $486,273Net Income 2020: -$155,8992020Revenue 2020: $817,795Expenses 2020: $1,586,096Net Income 2020: -$768,3012020Revenue 2021: $938,595Expenses 2021: $1,342,288Net Income 2021: -$403,6932021Revenue 2022: $10,351,544Expenses 2022: $1,542,407Net Income 2022: $8,809,1372022Revenue 2023: $779,358Expenses 2023: $1,696,963Net Income 2023: -$917,6052023Revenue 2024: $956,140Expenses 2024: $1,438,811Net Income 2024: -$482,6712024

Highlighted filing

2020

Revenue$817,795
Expenses$1,586,096
Net Income-$768,301
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 11, 2021
Return Version
2019v5.2
Gross Receipts
$13,868,603
Mission and Program Overview

Mission

Aba veba is a voluntary employees' beneficiary association of the american bankers association. The main activities of aba veba is to provide medical and insurance benefits to aba's retirees and their beneficiaries.

A voluntary employees' beneficiary association of the american bankers association. The main activities of the aba veba is to provide medical and insurance benefits to aba's retirees and their beneficiaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,002,537$7,921,147▼ $2,081,390
Rtn Earn Endowment Incm Other Fnds$8,272,320$7,465,867▼ $806,453
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$10,241,224$7,923,319▼ $2,317,905
Other Assets Total$238,687$2,172▼ $236,515
Liabilities
Other Liabilities$1,899,457$455,642▼ $1,443,815
Accounts Payable and Accrued Expenses$69,447$1,810▼ $67,637
Total Liabilities$1,968,904$457,452▼ $1,511,452
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,272,320$7,465,867▼ $806,453
Total Liabilities and Net Assets / Fund Balance$10,241,224$7,923,319▼ $2,317,905
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Karin Petersen FlynnChief Financial Officer (thru 8/19)-$839,387$839,387
-Chief Financial Officer (from 11/19)-$57,906$57,906
Robert G EadyTrustee$26,789-$26,789

Board Members and Trustees

NameTitle
Robert G EadyChief Financial Officer (thru 8/19)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$183,458
Investment Income
$634,337
Other Revenue
$0
Change in Net Assets
$-768,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,117
Salaries, Compensation, and Employee Benefits$26,789
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$1,455,190
Fees for Services Management---$87,039
Current Officers, Directors, Trustees, and Key Employees---$26,789
Fees for Service Investment Mgmnt Fees---$16,995
All Other Expenses---$83
Total Functional Expenses$0$0$0$1,586,096
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Plan Sponsor for Claims Paid$455,642
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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 B, Line 11B

“Aba veba is a voluntary employee beneficiary association established by the american bankers association (aba). The aba's management, which includes certified public accountants, conducted several internal reviews of the form 990 prepared by an outside accounting firm.”

Form 990, Part VI, Section C, Line 19

“Aba veba does not make its governing documents, or its financial statements available to the public. The organization's form 990 is available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Aba Veba
EIN
52-1767808
Phone
2026635054
Address
1120 CONNECTICUT AVENUE NW, WASHINGTON, DC 20036

Signing Officer

Name
Karin Petersen Flynn
Title
Chief Financial Officer
Phone
2026635054
Signed
2021-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alethia Baggett
Formed
1991
Legal Domicile
Dc
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
901 N GLEBE ROAD SUITE 200, ARLINGTON, VA 22203
Preparer
Amy Chapman
Phone
5712279500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The veba trust funding certain health benefits of the plan received an exemption letter from the internal revenue service (irs) dated june 23, 1993, stating that the trust is tax-exempt under the provisions of section 501(9) of the internal revenue code (irc). However, as a result of the plan's funding policy, from time to time the trust may be subject to income taxes. No federal or state income taxes have been recorded in 2020 for unrelated business taxable income. In addition, the plan and the trust are required to operate in conformity with the irc to maintain the tax-exempt status of the trust, the plan administrator believes that the plan is being operated in compliance with the applicable requirements of the irc, and therefore, believes that the related trust is tax-exempt. U.s. Gaap requires plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if it has taken an uncertain position that more likely than not would bot be sustained upon examination by the taxing authorities. The plan is subject to routine audits by tax jurisdictions; however there are currently no audits for any tax periods in progress.”

Raw XML Appendix319 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt069447
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01810
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION OF THE AMERICAN BANKERS ASSOCIATION. THE MAIN ACTIVITIES OF THE ABA VEBA IS TO PROVIDE MEDICAL AND INSURANCE BENEFITS TO ABA'S RETIREES AND THEIR BENEFICIARIES.
IRS990/AllOtherExpensesGrp/TotalAmt083
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt01455190
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARRY EPSTEIN
IRS990/BooksInCareOfDetail/PhoneNum02026635054
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01120 CONNECTICUT AVENUE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020036
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt026789
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt01455190
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0634337
IRS990/CYOtherExpensesAmt0104117
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0183458
IRS990/CYRevenuesLessExpensesAmt0-768301
IRS990/CYSalariesCompEmpBnftPaidAmt026789
IRS990/CYTotalExpensesAmt01586096
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0817795
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVISION OF MEDICAL AND INSURANCE BENEFITS FOR RETIREES AND BENEFICIARIES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/TotalAmt087039
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016995
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt036.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt136.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0NORTHERN TRUST COMPANY
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1134864
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT G EADY
IRS990/Form990PartVIISectionAGrp/PersonNm1KARIN PETERSEN FLYNN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt026789
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1704523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt257906
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF FINANCIAL OFFICER (THRU 8/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF FINANCIAL OFFICER (FROM 11/19)
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0472703
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt013523511
IRS990/GrossReceiptsAmt013868603
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0161634
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0161634
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010002537
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07921147
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt013050808
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ABA VEBA IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION OF THE AMERICAN BANKERS ASSOCIATION. THE MAIN ACTIVITIES OF THE ABA VEBA IS TO PROVIDE MEDICAL AND INSURANCE BENEFITS TO ABA'S RETIREES AND THEIR BENEFICIARIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08272320
IRS990/NetAssetsOrFundBalancesEOYAmt07465867
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0472703
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0472703
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-38152
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0238687
IRS990/OtherAssetsTotalGrp/EOYAmt02172
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt01899457
IRS990/OtherLiabilitiesGrp/EOYAmt0455642
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALETHIA BAGGETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PLAN CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0183458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0183458
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt02783938
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01465242
IRS990/PYOtherExpensesAmt0233924
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0570503
IRS990/PYRevenuesLessExpensesAmt0-1023317
IRS990/PYSalariesCompEmpBnftPaidAmt041200
IRS990/PYTotalExpensesAmt03059062
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02035745
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-768301
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08272320
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07465867
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0455642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO PLAN SPONSOR FOR CLAIMS PAID
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA TRUST FUNDING CERTAIN HEALTH BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED JUNE 23, 1993, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(9) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2020 FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST, THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC, AND THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAX JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0455642
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0307795
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0123300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011564
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0396728
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT G EADY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF FINANCIAL OFFICER (THRU 8/19)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0839387
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ROBERT EADY RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $73,717. THE AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). THE ORGANIZATION DOES NOT PROVIDE A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO ITS BOARD MEMBERS AND OFFICERS. THERE IS ONE PERSON LISTED ON FORM 990, PART VII, SECTION A, LINE 1A WHO PARTICIPATED IN A NONQUALIFIED SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN PROVIDED BY A RELATED ORGANIZATION, AMERICAN BANKERS ASSOCIATION. -ROBERT EADY PARTICIPATED IN SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN, 457(B), IN THE AMOUNT OF $273,669. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III).
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINES 4A-B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ABA VEBA IS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION ESTABLISHED BY THE AMERICAN BANKERS ASSOCIATION (ABA). THE ABA'S MANAGEMENT, WHICH INCLUDES CERTIFIED PUBLIC ACCOUNTANTS, CONDUCTED SEVERAL INTERNAL REVIEWS OF THE FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ABA VEBA DOES NOT MAKE ITS GOVERNING DOCUMENTS, OR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AMERICAN BANKERS ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521001304
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEMBERSHIP ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01120 CONNECTICUT AVE NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020036
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01403908
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL/CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AMERICAN BANKERS ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010241224
IRS990/TotalAssetsEOYAmt07923319
IRS990/TotalAssetsGrp/BOYAmt010241224
IRS990/TotalAssetsGrp/EOYAmt07923319
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01586096
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01968904
IRS990/TotalLiabilitiesEOYAmt0457452
IRS990/TotalLiabilitiesGrp/BOYAmt01968904
IRS990/TotalLiabilitiesGrp/EOYAmt0457452
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08272320
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07465867
IRS990/TotalOtherCompensationAmt0134864
IRS990/TotalProgramServiceRevenueAmt0183458
IRS990/TotalReportableCompFromOrgAmt026789
IRS990/TotalRevenueGrp/ExclusionAmt0634337
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0183458
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0817795
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010241224
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07923319
IRS990/TotReportableCompRltdOrgAmt0762429
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01120 CONNECTICUT AVENUE NW
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KARIN PETERSEN FLYNN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum02026635054
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABA VEBA
ReturnHeader/Filer/BusinessNameControlTxt0ABAV
ReturnHeader/Filer/EIN0521767808
ReturnHeader/Filer/PhoneNum02026635054
ReturnHeader/Filer/USAddress/AddressLine1Txt01120 CONNECTICUT AVENUE NW
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0901 N GLEBE ROAD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022203
ReturnHeader/PreparerPersonGrp/PhoneNum05712279500
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY CHAPMAN
ReturnHeader/ReturnTs02021-07-12T10:56:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,923,319
Liabilities
$457,452
Net assets
$7,465,867
Revenue
$817,795
Expenses
$1,586,096
Net income
-$768,301
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.08$16.5$0.96$1.44$0.48
2023Detailed filing. Detailed filing data is available for this year.$16.2$0.11$16.1$0.78$1.70$0.92
2022Detailed filing. Detailed filing data is available for this year.$15.4$0.06$15.4$10.4$1.54$8.81
2021Detailed filing. Detailed filing data is available for this year.$7.31$0.10$7.20$0.94$1.34$0.40
2020Detailed filing. Detailed filing data is available for this year.$7.95$0.40$7.55$0.33$0.49$0.16
2020Detailed filing. Detailed filing data is available for this year.$7.92$0.46$7.47$0.82$1.59$0.77
2019Detailed filing. Detailed filing data is available for this year.$10.2$1.97$8.27$2.04$3.06$1.02
2018Summary only. Only limited summary data is available for this year.$11.5$0.97$10.5$1.52$3.02$1.50
2017Summary only. Only limited summary data is available for this year.$12.4$0.66$11.8$2.01$3.44$1.43
2016Summary only. Only limited summary data is available for this year.$14.1$0.74$13.4$1.45$3.03$1.58
2015Summary only. Only limited summary data is available for this year.$15.8$1.10$14.7$1.98$2.19$0.21
2014Summary only. Only limited summary data is available for this year.$16.8$0.06$16.8$2.03$2.16$0.13
2013Summary only. Only limited summary data is available for this year.$15.8$0.13$15.7$2.87$1.46$1.41
2012Summary only. Only limited summary data is available for this year.$14.2$0.02$14.1$2.33$1.86$0.46
2011Summary only. Only limited summary data is available for this year.$13.1$0.06$13.0$2.72$1.54$1.18