Civic Intelligence

Teva Pharmaceuticals USA Inc Sub Plan

EIN 82-4448694 • 501(c)17 • Parsippany, NJ

Profile

The nbsp;trust nbsp;pays nbsp;supplemental nbsp;benefits nbsp;to nbsp;involuntarily nbsp;terminated nbsp;employees

400 Interpace ParkwayParsippany, NJ 07054-0090

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

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

NTEE Y • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.00x

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

NTEE Y • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

0.0%

Higher net margin than 30% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

NTEE Y • $1M-$5M nonprofits • Source year 2024

Asset Growth

99th percentile

178%

Faster asset growth than 99% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-0.4%

Faster revenue growth than 34% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,201

Up $1,410 (+178%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,201

Up $1,410 (+178%) from 2023

Revenue

Down

$4,556,928

Down $17,084 (-0.4%) from 2023

Expenses

Down

$4,555,518

Down $23,754 (-0.5%) from 2023

Net Income

Up

$1,410

Up $6,670 (+127%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2018: $925Liabilities 2018: $0Net Assets 2018: $9252018Assets 2019: $111Liabilities 2019: $0Net Assets 2019: $1112019Assets 2020: $4,219Liabilities 2020: $0Net Assets 2020: $4,2192020Assets 2021: $4,224Liabilities 2021: $0Net Assets 2021: $4,2242021Assets 2022: $6,051Liabilities 2022: $0Net Assets 2022: $6,0512022Assets 2023: $791Liabilities 2023: $0Net Assets 2023: $7912023Assets 2024: $2,201Liabilities 2024: $0Net Assets 2024: $2,2012024

Highlighted filing

2024

Assets$2,201
Liabilities$0
Net Assets$2,201

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2018: $28,570,632Expenses 2018: $28,569,707Net Income 2018: $9252018Revenue 2019: $4,565,405Expenses 2019: $4,566,219Net Income 2019: -$8142019Revenue 2020: $9,128,187Expenses 2020: $9,124,079Net Income 2020: $4,1082020Revenue 2021: $6,154,865Expenses 2021: $6,154,860Net Income 2021: $52021Revenue 2022: $4,787,474Expenses 2022: $4,785,647Net Income 2022: $1,8272022Revenue 2023: $4,574,012Expenses 2023: $4,579,272Net Income 2023: -$5,2602023Revenue 2024: $4,556,928Expenses 2024: $4,555,518Net Income 2024: $1,4102024

Highlighted filing

2024

Revenue$4,556,928
Expenses$4,555,518
Net Income$1,410

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2024
Return Version
2024v5.2
Gross Receipts
$4,556,928
Mission and Program Overview

Mission

The nbsp;trust nbsp;pays nbsp;supplemental nbsp;benefits nbsp;to nbsp;involuntarily nbsp;terminated nbsp;employees

The trust pays supplemental benefits to involuntarily terminated employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$791$2,201▲ $1,410
Rtn Earn Endowment Incm Other Fnds$791$2,201▲ $1,410
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$791$2,201▲ $1,410
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$791$2,201▲ $1,410
Total Liabilities and Net Assets / Fund Balance$791$2,201▲ $1,410
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bank of AmericaTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,555,518
Investment Income
$1,410
Other Revenue
$0
Change in Net Assets
$1,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,410
Total Revenue per Audited Statements
$1,410
Total Revenue per Form 990
$1,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$4,550,518--$4,550,518
Fees for Services Other$5,000--$5,000
Total Functional Expenses$4,555,518$0$0$4,555,518

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,000
Total Expenses per Audited Statements$5,000
Total Expenses per Form 990$5,000
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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

Part VI, Section B, Line 11B

The form 990 is reviewed by the plan administrators and auditors.

Part VI, Section C, Line 19

As a 501(c)(17) organization, the trust is not required to make the documents referenced in question 19 available to the general public.

Filing and Contact Details

Filer

Filer Name
Teva Pharmaceuticals USA Inc Sub Plan
EIN
82-4448694
Phone
2155913000
Address
400 INTERPACE PARKWAY, PARSIPPANY, NJ 07054-0090

Signing Officer

Name
Eduardo N Cheide Da Graca
Title
Senior Director
Phone
2155913000
Signed
2024-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eduardo Nasi Cheide Da Graca
Formed
2018
Legal Domicile
Pa
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Marco Logistics
Address
2451 CUMBERLAND PKWY STE 3850, ATLANTA, GA 30339
Preparer
David Campbell
Phone
4044015557
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

No changes were made to the oversight process or selection process during the tax year.

Raw XML Appendix239 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.

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ReturnHeader/TaxYr02024

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