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Nonprofit · EIN 74-2986045

CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA

Tax-exempt · PITTSBURGH, PA 15253

Financials

$93.4M$92.1M2023$95.1M$97.2M2024
Revenue Expenses · by fiscal year end
Financials of CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$95,107,299$97,164,921-$2,057,622$14,067,533$25,173$14,042,360
December 31, 2023990$93,431,327$92,107,711$1,323,616$16,099,982$0$16,099,982
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$91,779,825
Investment income
$3,327,474
Net gain from sales of assets
$2,593,956
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$90,595,978
Compensation of officers, directors and key employees
$50,000
Salaries, compensation and benefits (total)
$50,000
Professional fundraising fees
$0
Legal fees
$3,526
Accounting fees
$45,885
Program services (functional)
$97,164,921

Balance sheet and other

Total assets, start of year
$16,099,982
Total assets, end of year
$14,067,533
Total liabilities, end of year
$25,173
Net assets, end of year
$14,042,360
Publicly traded securities
$11,660,269
Gross unrelated business income
$262,180
Gross receipts
$96,013,343
Employees
0
Year formed
2001
State of legal domicile
IL

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
THE BANK OF NEW YORK MELLONTRUSTEE (SEE SCHEDULE O)
Institutional trustee
0$50,000
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
THE BANK OF NEW YORK MELLONTRUSTEE (SEE SCHEDULE O)
Institutional trustee
0$50,000

Address and contacts

Address (IRS master file)
C/O THE BNYM PO BOX 525007, PITTSBURGH, PA 15253-0000
In care of
% THE BANK OF NEW YORK MELLON
Principal officer (990 for 2024)
THE BANK OF NEW YORK MELLON, PO BOX 535007, PITTSBURGH, PA 152535007
Signed the 990
SHELLY M PALETTA, BNYM, TRUSTEE
Phone
(412) 234-2242
Return prepared by
ERNST & YOUNG US LLP

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES

990 for the year ended December 31, 2024

Program accomplishments

  • PROVISION OF HEALTH AND WELFARE BENEFITS

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
74-2986045
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$14,067,533
Income (IRS master file)
$96,013,343

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$95,107,299$97,164,921$14,067,533XML
990December 2023$93,431,327$92,107,711$16,099,982XML
990December 2022$82,235,271$83,325,969$14,776,366IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 74-2986045).

Questions about CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA

What is the EIN of CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA?
The employer identification number (EIN) of CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA is 74-2986045.
Is CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2001.
Are donations to CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA 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 CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA 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 CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA 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 CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA?
The 990 for the year ended December 31, 2024 names THE BANK OF NEW YORK MELLON.
Who are the officers and directors of CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $50,000 (THE BANK OF NEW YORK MELLON, TRUSTEE (SEE SCHEDULE O)).
How much revenue does CHEVRON PHILLIPS CHEMICAL CO LP HEALTH & BENEFIT TR VEBA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $95,107,299, expenses of $97,164,921 and total assets of $14,067,533 at year end.

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