Veba for Retirees of Kaiser Aluminum
Pittsburgh, PA 15222 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $23,837,686 | $35,270,642 | $870,371,306 |
| FY2023 | $23,064,096 | $34,461,617 | $844,997,887 |
| FY2022 | $13,714,181 | $32,388,825 | $797,411,585 |
| FY2021 | $51,525,710 | $32,205,716 | $930,492,270 |
| FY2020 | $15,071,853 | $31,499,088 | $891,389,904 |
| FY2019 | $145,753,457 | $32,753,468 | $839,717,733 |
| FY2018 | $8,637,355 | $29,221,060 | $760,589,908 |
| FY2017 | $39,571,105 | $26,642,359 | $809,017,720 |
| FY2016 | $13,020,865 | $26,705,743 | $755,820,908 |
| FY2015 | $25,887,699 | $23,219,459 | $722,444,389 |
| FY2014 | $29,438,237 | $22,429,598 | $732,480,830 |
| FY2013 | $91,172,014 | $19,250,364 | $718,478,057 |
| FY2012 | $80,039,806 | $19,530,452 | $686,380,928 |
| FY2011 | $53,608,398 | $19,448,751 | $602,301,689 |
Form 990 filings
The returns filed by Veba for Retirees of Kaiser Aluminum (EIN 20-1203429), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $0 | 0% |
| Other revenue | $23,837,686 | 100% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2024.
- Net assets covered about 296.1 months of expenses at the end of the reporting year. That puts it in the 86th percentile among 270 Mutual & Membership Benefit organizations in PA.
- Total revenue was higher than 93.1% of 277 Mutual & Membership Benefit organizations in PA.
- Total revenue fell from $53,608,398 in FY2011 to $23,837,686 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2016, FY2018, FY2020, FY2022, FY2023, FY2024).
- The highest revenue on record here is $145,753,457 in FY2019.
- Net assets grew from $602,301,689 to $870,371,306 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE FUND OPERATES AS A TRUST TO PROVIDE CERTAIN HEALTH BENEFITS TO CURRENT AND FUTURE KAISER RETIREES FOLLOWING EMPLOYMENT IN CERTAIN USW & IAM REPRESENTED BARGAINING UNITS
IRS status
| Ruling year | 2007 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | Y43 — Mutual & Membership Benefit (in PA) |
Similar organizations
- UAW Retirees of the Budd Company Health & Welfare Trust — Pittsburgh, PA · $23,560,896
- UAW Retirees of Mack Trucks Health Benefit Fund — Pittsburgh, PA · $28,480,993
- Ati Usw Veba Trust — Pittsburgh, PA · $41,280,644
- National Hockey League Players Health and Benefits Fund — Pittsburgh, PA · $50,765,450
- Veba Health Insurance Trust for Non-Union Employees of Keyspan — Pittsburgh, PA · $56,104,317
- The Deere & Company Welfare Benefit Veba for Salaried Employees — Pittsburgh, PA · $70,084,856
- Trustees of the Univ of Penna Retiree Med & Death Benefits Tr — Philadelphia, PA · $71,831,836
- International Brotherhood of Electrical Workers-126 Health & We — Collegeville, PA · $82,412,610
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.