Oakland, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Clorox Company Voluntary Employees Beneficiary Association, founded in 2000, is a community nonprofit in the Mutual Benefit sector that reported $4.1M in total revenue in fiscal year 2023. The organization ran a surplus of $1.2M, a strong 29% operating margin.
The purpose of this organization is to fund health and welfare benefits offered to retired employees of the Clorox Company and its participating subsidiaries. Employer and employee contributions made to the organization are exempt from taxation per IRS Department Letter dated 3/18/2002.
The Clorox Company Voluntary Employees Beneficiary Association ("VEBA Trust") was established for the purpose of providing security to active employees by holding employer funds contributed by Clorox...
The Clorox Company Voluntary Employees Beneficiary Association ("VEBA Trust") was established for the purpose of providing security to active employees by holding employer funds contributed by Clorox and its subsidiaries and by employees for the payment of medical, dental, and vision benefits. On January 1, 2002, the trust agreement dated September 28, 2000 between The Clorox Company and Union Bank of California, N.A. (Trustee) was amended to add The Clorox Company Group Insurance Plan for Certain Retired and Disabled Participants (Plan No. 508) to the trust. On June 24, 2008, the VEBA Trust Agreement was amended to remove the current eligible employees from the VEBA Trust. Effective July 1, 2008 active employee contributions are no longer held in the VEBA Trust and certain benefits and expenses for the active employees are paid through the general assets of the Clorox Company. Effective July 1, 2018, The Clorox Company Group Insurance Plan for Retirees was established to provide benefits for eligible former employees of The Clorox Company.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,136,792 | $4,060,974 | +0.0% |
| Expenses | $2,930,342 | $4,200,946 | -0.3% |
| Net Income | $1,206,450 | $-139,972 | -9.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kirsten Marriner | The Clorox Company (VEBA Sponsor) | N/A |
Officer
|
$0 | $0 | $2,488,297 |
| Eric Reynolds | The Clorox Company (VEBA Sponsor) | N/A |
Officer
|
$0 | $0 | $3,714,081 |
| Angela Hilt | The Clorox Company (VEBA Sponsor) | N/A |
Officer
|
$0 | $0 | $2,052,419 |
| Richard McDonald | The Clorox Company (VEBA Sponsor) | N/A |
Officer
|
$0 | $0 | $1,454,726 |
| Luc Bellet | The Clorox Company (VEBA Sponsor) | N/A |
Officer
|
$0 | $0 | $1,325,510 |
| US Bank | The Clorox Company (VEBA Trustee) | N/A |
|
$12,000 | $0 | $12,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,136,792 | $2,930,342 | $1,681,872 | $1,206,450 |
| 2023 | $4,060,974 | $4,200,946 | $475,422 | $-139,972 |
| 2022 | $3,665,494 | $3,358,667 | $615,394 | $306,827 |
| 2021 | $2,991,543 | $3,176,264 | $308,567 | $-184,721 |
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