NFP500

#47 of 500 · Member & Benefit Funds

Bankamerica Group Benefits Program Tr

EIN 95-7055654 · TX · NTEE Y43 · Form 990, fiscal 2023

A Voluntary Employees' Beneficiary Association (VEBA) trust associated with BankAmerica/Bank of America. It holds and invests assets used to fund employee and retiree welfare benefits such as health, medical, and related coverage for eligible participants and their dependents. As a benefit-funding trust, it does not operate public-facing charitable programs.

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Financials, fiscal 2023

Revenue
$2.70B
Expenses
$2.72B
Total assets
$412.1M
Net assets
$412.1M
Operating margin
-0.7%
1-year growth
6.6%
5-year growth (CAGR)
3.3%
Reserve (years of spending)
1.8
Contributions share
n/a
Programme spending
99.5%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
24

NFP Health Score: 57 / 100

Financial 28 · Governance 75 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$2.37B
2020$2.29B
2021$2.58B
2022$2.53B
2023$2.70B