Spokane, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VEBA Trust for Public Employees in the State of WA, founded in 1983, is a major nonprofit in the Mutual Benefit sector that reported $129.4M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $38.8M, a strong 30% operating margin.
To provide high-quality, tax-advantaged health reimbursement plans for public employees in Washington.
This trust holds the assets of the Voluntary Employees' Beneficiary Association Trust Plan for Public Employees of the State of Washington (the Plan). The Plan provides a method of funding qualified...
This trust holds the assets of the Voluntary Employees' Beneficiary Association Trust Plan for Public Employees of the State of Washington (the Plan). The Plan provides a method of funding qualified health and welfare costs to its participants and their dependents.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $129,366,966 | $112,196,106 | +0.2% |
| Expenses | $90,593,735 | $82,385,972 | +0.1% |
| Net Income | $38,773,231 | $29,810,134 | +0.3% |
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 |
|---|---|---|---|---|---|---|
| Greg Baker | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mathew Knott | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shane Backlund | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Maria Breuder | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Cameron Grow | Trustee (resigned) | 1.00 |
Director
|
$0 | $0 | $0 |
| Elaine Thompson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Heather Renner | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $129,366,966 | $90,593,735 | $651,176,790 | $38,773,231 |
| 2024 | $112,196,106 | $82,385,972 | $583,199,907 | $29,810,134 |
| 2023 | $101,284,536 | $77,922,325 | $518,950,704 | $23,362,211 |
| 2022 | $112,351,417 | $73,041,112 | $468,576,735 | $39,310,305 |
| 2021 | $137,599,743 | $66,327,327 | $491,736,019 | $71,272,416 |
| 2020 | $104,739,555 | $55,655,865 | $401,674,646 | $49,083,690 |
| 2019 | $82,405,215 | $52,567,987 | $347,076,174 | $29,837,228 |
Compare VEBA Trust for Public Employees in the State of WA with other nonprofits in Washington and across the country.