Civic Intelligence

Ormet Corporation Hourly Retiree Benefit

EIN 83-0430487 • 501(c)9 • Pittsburgh, PA

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Profile

The primary exempt purpose for this voluntary employees' beneficiary association (veba) during the year was the payment of sick, accident, or other benefits to the participants, their dependents, or designated beneficiaries.

60 Boulevard Of The Allies 5thPittsburgh, PA 15222

n/A

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

501(c)9 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.00x

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

501(c)9 • $25M-$50M nonprofits • Source year 2024

Net Margin

9th percentile

-17%

Higher net margin than 9% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$65,253

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Asset Growth

36th percentile

3.5%

Faster asset growth than 36% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-2.5%

Faster revenue growth than 20% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$44,893,631

Up $1,507,270 (+3.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$44,893,631

Up $1,507,270 (+3.5%) from 2023

Operations
Liabilities / Revenue21st percentileNet Margin9th percentile

Revenue

Down

$3,062,247

Down $78,692 (-2.5%) from 2023

Expenses

Down

$3,579,073

Down $1,178,170 (-25%) from 2023

Net Income

Up

-$516,826

Up $1,099,478 (+68%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$60M$40M$20M$0Assets 2010: $31,801,493Liabilities 2010: $0Net Assets 2010: $31,801,4932010Assets 2011: $40,548,995Liabilities 2011: $0Net Assets 2011: $40,548,9952011Assets 2012: $47,019,810Liabilities 2012: $0Net Assets 2012: $47,019,8102012Assets 2013: $47,381,778Liabilities 2013: $0Net Assets 2013: $47,381,7782013Assets 2014: $46,778,868Liabilities 2014: $0Net Assets 2014: $46,778,8682014Assets 2015: $43,352,328Liabilities 2015: $0Net Assets 2015: $43,352,3282015Assets 2016: $42,424,713Liabilities 2016: $0Net Assets 2016: $42,424,7132016Assets 2017: $44,444,054Liabilities 2017: $0Net Assets 2017: $44,444,0542017Assets 2018: $40,296,254Liabilities 2018: $0Net Assets 2018: $40,296,2542018Assets 2019: $44,017,000Liabilities 2019: $0Net Assets 2019: $44,017,0002019Assets 2020: $46,966,998Liabilities 2020: $0Net Assets 2020: $46,966,9982020Assets 2021: $50,422,374Liabilities 2021: $0Net Assets 2021: $50,422,3742021Assets 2022: $41,317,020Liabilities 2022: $0Net Assets 2022: $41,317,0202022Assets 2023: $43,386,361Liabilities 2023: $0Net Assets 2023: $43,386,3612023Assets 2024: $44,893,631Liabilities 2024: $0Net Assets 2024: $44,893,6312024

Highlighted filing

2024

Assets$44,893,631
Liabilities$0
Net Assets$44,893,631
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $8,092,3272010Expenses 2011: $8,168,9402011Expenses 2012: $5,872,8922012Revenue 2013: $3,901,088Expenses 2013: $6,381,016Net Income 2013: -$2,479,9282013Revenue 2014: $3,667,517Expenses 2014: $6,366,718Net Income 2014: -$2,699,2012014Revenue 2015: $3,604,502Expenses 2015: $6,757,130Net Income 2015: -$3,152,6282015Revenue 2016: $3,495,732Expenses 2016: $5,900,115Net Income 2016: -$2,404,3832016Revenue 2017: $4,705,859Expenses 2017: $6,055,913Net Income 2017: -$1,350,0542017Revenue 2018: $3,810,041Expenses 2018: $5,795,990Net Income 2018: -$1,985,9492018Revenue 2019: $5,605,348Expenses 2019: $5,502,047Net Income 2019: $103,3012019Revenue 2020: $4,256,380Expenses 2020: $4,988,456Net Income 2020: -$732,0762020Revenue 2021: $4,222,534Expenses 2021: $3,337,038Net Income 2021: $885,4962021Revenue 2022: $1,784,439Expenses 2022: $4,541,591Net Income 2022: -$2,757,1522022Revenue 2023: $3,140,939Expenses 2023: $4,757,243Net Income 2023: -$1,616,3042023Revenue 2024: $3,062,247Expenses 2024: $3,579,073Net Income 2024: -$516,8262024

Highlighted filing

2024

Revenue$3,062,247
Expenses$3,579,073
Net Income-$516,826
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$44,893,631
Liabilities
$0
Net assets
$44,893,631
Revenue
$3,062,247
Expenses
$3,579,073
Net income
-$516,826
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.9$0.00$44.9$3.06$3.58$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.4$0.00$43.4$3.14$4.76$1.62
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.3$0.00$41.3$1.78$4.54$2.76
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.4$0.00$50.4$4.22$3.34$0.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.0$0.00$47.0$4.26$4.99$0.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.0$0.00$44.0$5.61$5.50$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.3$0.00$40.3$3.81$5.80$1.99
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.4$0.00$44.4$4.71$6.06$1.35
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.4$0.00$42.4$3.50$5.90$2.40
2015Detailed filing. Detailed filing data is available for this year.$43.4$0.00$43.4$3.60$6.76$3.15
2014Detailed filing. Detailed filing data is available for this year.$46.8$0.00$46.8$3.67$6.37$2.70
2013Detailed filing. Detailed filing data is available for this year.$47.4$0.00$47.4$3.90$6.38$2.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.0$0.00$47.0$5.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.5$0.00$40.5$8.17
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.8$0.00$31.8$8.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 14, 2025
Return Version
2024v5.2
Gross Receipts
$14,650,747
Mission and Program Overview

Mission

The primary exempt purpose for this voluntary employees' beneficiary association (veba) during the year was the payment of sick, accident, or other benefits to the participants, their dependents, or designated beneficiaries.

Payment of certain welfare benefits pursuant to a voluntary employee beneficiary association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$43,386,361$44,893,631▲ $1,507,270
Investments in Publicly Traded Securities$40,581,473$41,980,092▲ $1,398,619
Savings and Temporary Cash Investments$2,508,285$2,453,390▼ $54,895
Cash and Non-Interest-Bearing Accounts$296,603$460,149▲ $163,546
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$43,386,361$44,893,631▲ $1,507,270
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$43,386,361$44,893,631▲ $1,507,270
Total Liabilities and Net Assets / Fund Balance$43,386,361$44,893,631▲ $1,507,270
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
-Institutional TrusteePT$65,253$65,253
Howard KlineCommittee Member-$6,804$6,804
James CarneyCommittee Member-$6,804$6,804
Jeanette StumpCommittee Member-$6,804$6,804

Board Members and Trustees

NameTitle
Nicholas SchaferCommittee Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Central Data Services INCEmployee Benefit Administration60 BLVD OF THE ALLIES 5TH FL, Pittsburgh, PA 15222$119,968
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$733,332
Investment Income
$2,328,692
Other Revenue
$223
Change in Net Assets
$-516,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,062,247
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,024,096
Total Revenue per Audited Statements
$5,086,343
Total Revenue per Form 990
$3,062,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$292,488
Salaries, Compensation, and Employee Benefits$85,665
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$3,200,920
Fees for Services Management---$184,510
Current Officers, Directors, Trustees, and Key Employees---$85,665
Fees for Services Accounting---$34,852
Fees for Services Other---$26,160
Insurance---$18,825
Other Expenses---$11,773
Office Expenses---$11,123
Fees for Services Legal---$5,245
Total Functional Expenses$0$0$0$3,579,073

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,579,073
Total Expenses per Audited Statements$3,579,073
Total Expenses per Form 990$3,579,073
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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

“Jeanette stump, a committee member, and the veba trust attorney reviewed the form 990 before it was filed.”

Form 990, Part VI, Section C, Line 19

“None of the documents are made available to the public.”

Filing and Contact Details

Filer

Filer Name
Ormet Corporation Hourly Retiree Benefit
EIN
83-0430487
Phone
4122012242
Address
60 BOULEVARD OF THE ALLIES 5TH, PITTSBURGH, PA 15222

Signing Officer

Name
Jeanette Stump
Title
Committee Member
Phone
4122012242
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanette Stump
Formed
2005
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Grossman Yanak & Ford Llp
Address
444 LIBERTY AVENUE SUITE 500, PITTSBURGH, PA 15222
Preparer
Richard E Dynoske
Phone
4123389300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

“The plan prepares the financial statements on the modified cash basis of accounting. Under this basis, revenue is recorded when received, rather than when earned, and expenses are recorded within the month claims and services are performed. These financial statements differ from the cash basis of accounting in that investments are recorded at fair value.”

Financial Statement Notes

PART X, LINE 2:

“The benefit trust established under the plan to hold the plan's assets received an exemption letter dated october 31, 2006 from the internal revenue service (irs) stating that the trust is tax-exempt under the provisions of section 501(c)(9) of the internal revenue code (irc) and, accordingly, the plan's net investment income is exempt from income taxes. In addition, the plan and trust are required to operate in conformity with the irc to maintain the tax-exempt status of the trust. The plan has been aended since receiving the determination letter, however the plan administrator believes that the plan is currently designed and being operated in compliance with the applicable requirements of the irc. The modified cash basis of accounting requires the plan administrator to evaluate tax positions taken by the plan if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the irs. The plan is subject to routine audits by taxing jurisdictions, however there are currently no audits for any tax periods in progress. The plan administrator believes that the plan is no longer subject ot income tax examinations for years prior to 2020.”

Raw XML Appendix304 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PAYMENT OF CERTAIN WELFARE BENEFITS PURSUANT TO A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION.
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt03200920
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CENTRAL DATA SERVICES INC
IRS990/BooksInCareOfDetail/PhoneNum04122012242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt060 BOULVEARD OF THE ALLIES 5TH
IRS990/BooksInCareOfDetail/USAddress/CityNm0PITTSBURGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015222
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0296603
IRS990/CashNonInterestBearingGrp/EOYAmt0460149
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085665
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0119968
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt060 BLVD OF THE ALLIES 5TH FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PITTSBURGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd015222
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CENTRAL DATA SERVICES INC
IRS990/ContractorCompensationGrp/ServicesDesc0EMPLOYEE BENEFIT ADMINISTRATION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt03200920
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02328692
IRS990/CYOtherExpensesAmt0292488
IRS990/CYOtherRevenueAmt0223
IRS990/CYProgramServiceRevenueAmt0733332
IRS990/CYRevenuesLessExpensesAmt0-516826
IRS990/CYSalariesCompEmpBnftPaidAmt085665
IRS990/CYTotalExpensesAmt03579073
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03062247
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION WHICH PROVIDES HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 2,300 PARTICIPANTS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt034852
IRS990/FeesForServicesLegalGrp/TotalAmt05245
IRS990/FeesForServicesManagementGrp/TotalAmt0184510
IRS990/FeesForServicesOtherGrp/TotalAmt026160
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt424.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0PNC BANK
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES CARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm1HOWARD KLINE
IRS990/Form990PartVIISectionAGrp/PersonNm2JEANETTE STUMP
IRS990/Form990PartVIISectionAGrp/PersonNm3NICHOLAS SCHAFER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06804
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16804
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26804
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt465253
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4INSTITUTIONAL TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01188252
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012776752
IRS990/GrossReceiptsAmt014650747
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt018825
IRS990/InvestmentIncomeGrp/ExclusionAmt01140440
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01140440
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt040581473
IRS990/InvestmentsPubTradedSecGrp/EOYAmt041980092
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011588500
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PRIMARY EXEMPT PURPOSE FOR THIS VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA) DURING THE YEAR WAS THE PAYMENT OF SICK, ACCIDENT, OR OTHER BENEFITS TO THE PARTICIPANTS, THEIR DEPENDENTS, OR DESIGNATED BENEFICIARIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt043386361
IRS990/NetAssetsOrFundBalancesEOYAmt044893631
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01188252
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01188252
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02024096
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt011123
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/TotalAmt011773
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0CLASS ACTION PROCEEDS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0223
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0223
IRS990/OtherRevenueTotalAmt0223
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JEANETTE STUMP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0RETIREE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0733332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0733332
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt04408905
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01401973
IRS990/PYOtherExpensesAmt0262825
IRS990/PYOtherRevenueAmt014213
IRS990/PYProgramServiceRevenueAmt01724753
IRS990/PYRevenuesLessExpensesAmt0-1616304
IRS990/PYSalariesCompEmpBnftPaidAmt085513
IRS990/PYTotalExpensesAmt04757243
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03140939
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-516826
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt044893631
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02508285
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02453390
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03579073
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/RevenueNotReportedAmt02024096
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03062247
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BENEFIT TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS RECEIVED AN EXEMPTION LETTER DATED OCTOBER 31, 2006 FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC) AND, ACCORDINGLY, THE PLAN'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. IN ADDITION, THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN HAS BEEN AENDED SINCE RECEIVING THE DETERMINATION LETTER, HOWEVER THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE MODIFIED CASH BASIS OF ACCOUNTING REQUIRES THE PLAN ADMINISTRATOR TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS NO LONGER SUBJECT OT INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03579073
IRS990ScheduleD/TotalRevenuePerForm990Amt03062247
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05086343
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03579073
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JEANETTE STUMP, A COMMITTEE MEMBER, AND THE VEBA TRUST ATTORNEY REVIEWED THE FORM 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NONE OF THE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PLAN PREPARES THE FINANCIAL STATEMENTS ON THE MODIFIED CASH BASIS OF ACCOUNTING. UNDER THIS BASIS, REVENUE IS RECORDED WHEN RECEIVED, RATHER THAN WHEN EARNED, AND EXPENSES ARE RECORDED WITHIN THE MONTH CLAIMS AND SERVICES ARE PERFORMED. THESE FINANCIAL STATEMENTS DIFFER FROM THE CASH BASIS OF ACCOUNTING IN THAT INVESTMENTS ARE RECORDED AT FAIR VALUE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 1:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt043386361
IRS990/TotalAssetsEOYAmt044893631
IRS990/TotalAssetsGrp/BOYAmt043386361
IRS990/TotalAssetsGrp/EOYAmt044893631
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03579073
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt043386361
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044893631
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0733332
IRS990/TotalReportableCompFromOrgAmt085665
IRS990/TotalRevenueGrp/ExclusionAmt02328915
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0733332
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03062247
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043386361
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044893631
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt060 BOULEVARD OF THE ALLIES 5TH
IRS990/USAddress/AddressLine2Txt0FLOOR
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015222
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANETTE STUMP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMITTEE MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum04122012242
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ORMET CORPORATION HOURLY RETIREE BENEFIT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRUST
ReturnHeader/Filer/BusinessNameControlTxt0ORME
ReturnHeader/Filer/EIN0830430487
ReturnHeader/Filer/PhoneNum04122012242
ReturnHeader/Filer/USAddress/AddressLine1Txt060 BOULEVARD OF THE ALLIES 5TH
ReturnHeader/Filer/USAddress/CityNm0PITTSBURGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015222
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251638525
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GROSSMAN YANAK & FORD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0444 LIBERTY AVENUE SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSBURGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015222
ReturnHeader/PreparerPersonGrp/PhoneNum04123389300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD E DYNOSKE
ReturnHeader/ReturnTs02025-10-15T06:22:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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