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Nonprofit · EIN 20-8838129

AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST

Also known as AMERICAN BUREAU OF SHIPPING TTEE

Tax-exempt · SPRING, TX 77389

Financials

$1.3M$4.9M2023−$709K$5.4M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-$708,939$5,369,543-$6,078,482$119,114,873$966,420$118,148,453
December 31, 2023990$1,341,324$4,911,312-$3,569,988$113,363,114$1,864,631$111,498,483
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$233,243
Investment income
-$942,182
Net gain from sales of assets
-$2,895,767
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$4,298,263
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$4,298,263
Management and general (functional)
$1,071,280

Balance sheet and other

Total assets, start of year
$113,363,114
Total assets, end of year
$119,114,873
Total liabilities, end of year
$966,420
Net assets, end of year
$118,148,453
Publicly traded securities
$86,786,889
Gross receipts
$31,050,389
Employees
0
Volunteers
0
Year formed
2005
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STATE STREETTRUSTEE
Institutional trustee
40$20,485
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
STATE STREETTRUSTEE
Institutional trustee
40$18,136

Address and contacts

Address (IRS master file)
1701 CITY PLAZA DR, SPRING, TX 77389-1831
In care of
% JP MORGAN CHASE BANK
Principal officer (990 for 2024)
WILLIAM E HARLAN, 1701 CITY PLAZA DRIVE, SPRING, TX 77389
Signed the 990
WILLIAM E HARLAN, CAO FOR ABS
Phone
(281) 877-6000
Return prepared by
MCCONNELL & JONES LLP

Mission

THE PRIMARY EXEMPT PURPOSE OF THE AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST IS TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS AS SET FORTH IN THE AMERICAN BUREAU OF SHIPPING MASTER TRUST AGREEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • PAYMENT OF EMPLOYEE BENEFITS FOR ELIGIBLE EMPLOYEES AND DEPENDENTS UNDER THE AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST.
    Expenses $4,298,263

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8838129
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$119,114,873
Income (IRS master file)
$31,050,389

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024-$708,939$5,369,543$119,114,873XML
990December 2023$1,341,324$4,911,312$113,363,114XML
990December 2022-$49,819$4,678,095$102,894,459IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8838129).

Questions about AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST

What is the EIN of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST?
The employer identification number (EIN) of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST is 20-8838129.
Is AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2009.
Are donations to AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST?
The 990 for the year ended December 31, 2024 names WILLIAM E HARLAN.
Who are the officers and directors of AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $20,485 (STATE STREET, TRUSTEE).
How much revenue does AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of -$708,939, expenses of $5,369,543 and total assets of $119,114,873 at year end.

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