THE DEERE & COMPANY WELFARE BENEFIT VEBA FOR SALARIED EMPLOYEES
PITTSBURGH, PA 15253 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $35,758,098 | $115,575,597 | $2,192,040,164 |
| FY2023 | $46,658,221 | $102,943,640 | $2,271,857,663 |
| FY2022 | $1,183,141,603 | $126,349,232 | $2,328,143,082 |
| FY2021 | $91,818,231 | $131,201,049 | $1,271,350,711 |
| FY2020 | $725,307,769 | $152,467,640 | $1,310,733,529 |
| FY2019 | $316,492,702 | $168,406,937 | $737,893,400 |
| FY2018 | $319,601,011 | $171,401,536 | $589,807,635 |
| FY2017 | $370,589,314 | $160,124,218 | $441,608,160 |
| FY2016 | $54,892,327 | $189,804,001 | $231,143,064 |
| FY2015 | $67,384,251 | $207,136,293 | $366,054,738 |
| FY2014 | $76,817,209 | $198,445,166 | $505,806,780 |
| FY2013 | $74,624,204 | $205,485,770 | $627,434,737 |
| FY2012 | $53,625,656 | $201,525,656 | $758,296,303 |
| FY2011 | $74,891,462 | $209,445,384 | $906,196,303 |
What the numbers show
- Net assets covered about 227.6 months of expenses at the end of the reporting year. That puts it in the 79th percentile among 262 Mutual & Membership Benefit organizations in PA.
- Total revenue was higher than 94.4% of 269 Mutual & Membership Benefit organizations in PA.
- Total revenue fell from $74,891,462 in FY2011 to $35,758,098 in FY2024, Revenue increased in 5 and decreased in 8 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2011, FY2012, FY2013, FY2014, FY2015, FY2016, FY2021, FY2023, FY2024).
- The highest revenue on record here is $1,183,141,603 in FY2022.
- Net assets grew from $906,196,303 to $2,192,040,164 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
TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS.
IRS status
| Ruling year | 2004 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | Y43 — Mutual & Membership Benefit |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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.
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