DOLESE BROS CO VEBA TRUST

EIN: 731390002

OKLAHOMA CITY, OK

Total Revenue
$66,700
Total Expenses
$511,870
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
OK
Principal Officer
PETE SIMMS
Phone
4052352311
Tax Period
2022-01-01 to 2022-12-31

DOLESE BROS CO VEBA TRUST, founded in 1991, is a micro nonprofit that reported $67K in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $512K exceeded revenue, resulting in a 667% operating deficit.

Mission

PROVIDE BENEFITS TO EMPLOYEES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $66,700
Investment Income $0
Other Revenue $0
TOTAL REVENUE $66,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $511,870
Other Expenses $0
TOTAL EXPENSES $511,870

Year-over-Year Comparison

2022 2021 Change
Revenue $66,700 $18,567,104 -1.0%
Expenses $511,870 $18,711,823 -1.0%
Net Income $-445,170 $-144,719 +2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK A HELM TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY C SEELIGER TRUSTEE 1.00
Director
$0 $0 $0
PETE SIMMS TRUSTEE 1.00
Director
$0 $0 $0
SUZIE SMITH TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $66,700 $511,870 No data $-445,170
2021 $18,567,104 $18,711,823 $445,170 $-144,719
2020 $16,983,813 $17,414,427 $743,694 $-430,614
2019 $13,320,267 $13,222,219 $1,174,308 $98,048
2018 $13,704,046 $12,956,669 $1,076,260 $747,377
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