#373 of 500 · Member & Benefit Funds

Bp Corporation North America Inc Veba Master Trust

EIN 25-1809780 · TX · NTEE Y43 · Form 990, fiscal 2023

A tax-exempt voluntary employees' beneficiary association (VEBA) master trust associated with BP's North American operations, administered in Texas. It holds and administers pooled assets used to fund health, welfare, and related benefits for eligible employees and retirees of BP Corporation North America and affiliated entities. It functions as a benefit-funding vehicle rather than a public-facing charitable organization.

Financials, fiscal 2023

Revenue

$414.5M

Expenses

$417.9M

Total assets

$7.8M

Net assets

$7.8M

Operating margin

-0.8%

1-year growth

-1.6%

5-year growth (CAGR)

-3.9%

Reserve (years of spending)

0.2

Contributions share

n/a

Programme spending

99.9%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

23

NFP Health Score: 41 / 100

Financial 1 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history