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Nonprofit · EIN 23-2811893

LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST

Tax-exempt · HORSHAM, PA 19044

Financials

$47M$39M2022$42.9M$42.2M2023$49.4M$48.5M2024
Revenue Expenses · by fiscal year end
Financials of LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$49,449,493$48,452,382$997,111$86,899,458$5,339,153$81,560,305
June 30, 2024990$42,944,127$42,215,722$728,405$83,037,260$3,849,547$79,187,713
June 30, 2023990$47,049,129$39,001,813$8,047,316$77,202,828$4,124,391$73,078,437
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$45,515,371
Investment income
$3,934,122
Net gain from sales of assets
$724,212
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$47,702,825
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$179,033
Accounting fees
$10,000

Balance sheet and other

Total assets, start of year
$83,037,260
Total assets, end of year
$86,899,458
Total liabilities, end of year
$5,339,153
Net assets, end of year
$81,560,305
Publicly traded securities
$56,706,406
Gross receipts
$101,140,105
Employees
0
Volunteers
0
Year formed
1996
State of legal domicile
PA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KEVIN MCCAFFERTYTRUSTEE
Trustee or director
2$0
GARY HOLLANDTRUSTEE
Trustee or director
2$0
DANIEL PETERSONTRUSTEE
Trustee or director
2$0
STEPHANIE PERFETTITRUSTEE
Trustee or director
2$0
JENNIFER DAVISTRUSTEE
Trustee or director
2$0
Kristy GonowonTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
KEVIN MCCAFFERTYTRUSTEE
Trustee or director
2$0
GARY HOLLANDTRUSTEE
Trustee or director
2$0
DANIEL PETERSONTRUSTEE
Trustee or director
2$0
STEPHANIE PERFETTITRUSTEE
Trustee or director
2$0
JENNIFER DAVISTRUSTEE
Trustee or director
2$0
Kristy GonowonTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
MICHAEL GAUGERTRUSTEE
Trustee or director
2$0
DANIEL PETERSONTRUSTEE
Trustee or director
2$0
KEVIN MCCAFFERTYTRUSTEE
Trustee or director
2$0
MICHAEL ARSENEAULTTRUSTEE
Trustee or director
2$0
STEPHANIE PERFETTITRUSTEE
Trustee or director
2$0
JENNIFER DAVISTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
601 DRESHER ROAD, HORSHAM, PA 19044-2202
In care of
% RICHARD GABRIEL ASSOCIATES INC
Principal officer (990 for 2024)
RAE CONSULTING, 601 DRESHER RD SUITE 201, HORSHAM, PA 19044
Signed the 990
KEVIN MCCAFFERTY, TRUSTEE
Phone
(215) 773-0900
Return prepared by
FISCHER DORWART PC

Mission

WELFARE BENEFIT PLAN

990 for the year ended June 30, 2025

Program accomplishments

  • THE PURPOSE OF THE VEBA IS TO PROVIDE SELF-FUNDED HEALTH AND WELFARE BENEFITS TO ALL LOCAL 10-00086 MERCK EMPLOYEE MEMBERS. THE PLAN SERVES APPROXIMATELY 1925 MEMBERS AND THEIR FAMILIES.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-2811893
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$86,899,458
Income (IRS master file)
$101,140,105

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$49,449,493$48,452,382$86,899,458XML
990June 2024$42,944,127$42,215,722$83,037,260XML
990June 2023$47,049,129$39,001,813$77,202,828XML
990June 2022$46,837,370$35,793,144$69,303,250IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 23-2811893).

Questions about LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST

What is the EIN of LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST?
The employer identification number (EIN) of LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST is 23-2811893.
Is LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1996.
Are donations to LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOCAL 8-86 MERCK EMPLOYEES VEBA 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 LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST?
The 990 for the year ended June 30, 2025 names RAE CONSULTING.
Who are the officers and directors of LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does LOCAL 8-86 MERCK EMPLOYEES VEBA TRUST have?
On its 990 for the year ended June 30, 2025 it reported revenue of $49,449,493, expenses of $48,452,382 and total assets of $86,899,458 at year end.

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