Civic Intelligence

Merck & Co Inc Union Veba Trust

990 • Fiscal year 2012 • EIN 52-1811276

Jan 01, 2012 to Dec 31, 2012

Rahway, NJ
Siviq Scores

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

Liabilities / Assets

66th percentile

0.07x

Higher debt load relative to assets than 66% of similar nonprofits.

2012 filings • 501(c)9 • $250M-$1B nonprofits • Source year 2012

Liabilities / Revenue

70th percentile

0.92x

Higher debt load relative to revenue than 70% of similar nonprofits.

2012 filings • $250M-$1B nonprofits • Source year 2012

Net Margin

91st percentile

67%

Higher net margin than 91% of similar nonprofits.

2012 filings • $250M-$1B nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2012 filings • 501(c)9 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

90th percentile

126%

Faster revenue growth than 90% of similar nonprofits.

2012 filings • $250M-$1B nonprofits • Annualized from 2011 to 2012

Assets

Up

$992,850,377

Up $145,243,530 (+17%) from 2011

Net Assets

Up

$924,894,882

Up $77,514,895 (+9.1%) from 2011

Liabilities

Up

$67,955,495

Up $67,728,635 (+29855%) from 2011

Revenue

Up

$73,798,423

Up $41,119,648 (+126%) from 2011

Expenses

Up

$23,999,259

Up $7,560,488 (+46%) from 2011

Net Income

Up

$49,799,164

Up $33,559,160 (+207%) from 2011

Historical Trend

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2011: $847,606,847Liabilities 2011: $226,860Net Assets 2011: $847,379,9872011Assets 2012: $992,850,377Liabilities 2012: $67,955,495Net Assets 2012: $924,894,8822012Assets 2013: $1,023,371,916Liabilities 2013: $57,443,293Net Assets 2013: $965,928,6232013Assets 2014: $1,097,960,091Liabilities 2014: $70,425,596Net Assets 2014: $1,027,534,4952014Assets 2015: $1,054,900,829Liabilities 2015: $48,152,020Net Assets 2015: $1,006,748,8092015Assets 2016: $58,144,570Liabilities 2016: $0Net Assets 2016: $58,144,5702016Assets 2017: $46,752,855Liabilities 2017: $0Net Assets 2017: $46,752,8552017Assets 2018: $34,776,272Liabilities 2018: $0Net Assets 2018: $34,776,2722018Assets 2019: $23,647,935Liabilities 2019: $0Net Assets 2019: $23,647,9352019Assets 2020: $13,644,164Liabilities 2020: $0Net Assets 2020: $13,644,1642020Assets 2021: $2,795,486Liabilities 2021: $0Net Assets 2021: $2,795,4862021Assets 2022: $25,418Liabilities 2022: $0Net Assets 2022: $25,4182022Assets 2023: $25,000Liabilities 2023: $0Net Assets 2023: $25,0002023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2012

Assets$992,850,377
Liabilities$67,955,495
Net Assets$924,894,882

Operations Trend

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

$1.5B$1.0B$500M$0-$500M-$1.0BRevenue 2011: $32,678,775Expenses 2011: $16,438,771Net Income 2011: $16,240,0042011Revenue 2012: $73,798,423Expenses 2012: $23,999,259Net Income 2012: $49,799,1642012Revenue 2013: $26,759,663Expenses 2013: $14,761,132Net Income 2013: $11,998,5312013Revenue 2014: $50,303,992Expenses 2014: $11,545,234Net Income 2014: $38,758,7582014Revenue 2015: $29,525,062Expenses 2015: $12,496,856Net Income 2015: $17,028,2062015Revenue 2016: $157,663,223Expenses 2016: $1,004,762,163Net Income 2016: -$847,098,9402016Revenue 2017: $2,274,968Expenses 2017: $13,671,866Net Income 2017: -$11,396,8982017Revenue 2018: $2,463,333Expenses 2018: $14,439,075Net Income 2018: -$11,975,7422018Revenue 2019: $2,209,690Expenses 2019: $13,337,396Net Income 2019: -$11,127,7062019Revenue 2020: $1,445,487Expenses 2020: $11,449,258Net Income 2020: -$10,003,7712020Revenue 2021: $1,397,857Expenses 2021: $12,246,535Net Income 2021: -$10,848,6782021Revenue 2022: $1,497,580Expenses 2022: $4,267,648Net Income 2022: -$2,770,0682022Revenue 2023: $1,684,242Expenses 2023: $1,684,660Net Income 2023: -$4182023Revenue 2024: $772,373Expenses 2024: $797,373Net Income 2024: -$25,0002024

Highlighted filing

2012

Revenue$73,798,423
Expenses$23,999,259
Net Income$49,799,164
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview

Mission

The Merck Co., Inc. Union VEBA Trust funds certain retiree medical benefits in accordance with the terms of the Merck Retiree Medical Plan for certain former union employees of Merck Sharp Dohme Corp. who are considered eligible legacy Merck retirees and their eligible dependents.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.77$0.80$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.68$1.68$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.50$4.27$2.77
2021Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$1.40$12.2$10.8
2020Detailed filing. Detailed filing data is available for this year.$13.6$0.00$13.6$1.45$11.4$10.0
2019Detailed filing. Detailed filing data is available for this year.$23.6$0.00$23.6$2.21$13.3$11.1
2018Detailed filing. Detailed filing data is available for this year.$34.8$0.00$34.8$2.46$14.4$12.0
2017Summary only. Only limited summary data is available for this year.$46.8$0.00$46.8$2.27$13.7$11.4
2016Summary only. Only limited summary data is available for this year.$58.1$0.00$58.1$158$1,005$847
2015Summary only. Only limited summary data is available for this year.$1,055$48.2$1,007$29.5$12.5$17.0
2014Summary only. Only limited summary data is available for this year.$1,098$70.4$1,028$50.3$11.5$38.8
2013Summary only. Only limited summary data is available for this year.$1,023$57.4$966$26.8$14.8$12.0
2012Summary only. Only limited summary data is available for this year.$993$68.0$925$73.8$24.0$49.8
2011Summary only. Only limited summary data is available for this year.$848$0.23$847$32.7$16.4$16.2