Obi Retiree Medical Voluntary Employee Benefits Association in Peabody, Massachusetts (MA)

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Obi Retiree Medical Voluntary Employee Benefits Association
Employer Identification Number (EIN)203970900
Name of OrganizationObi Retiree Medical Voluntary Employee Benefits Association
In Care of NameVeba Committee
AddressPO BOX 4000, Peabody, MA 01961-4000
SubsectionVoluntary Employees' Beneficiary Association (Non-Govt. Emps.)
Ruling Date06/2009
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,983,186
Amount of Income$521,114
Form 990 Revenue Amount$521,114
National Taxonomy of Exempt Entities (NTEE)Mutual/Membership Benefit Organizations, Other: Voluntary Employees Beneficiary Associations (Non-Government)


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Amount of income in 2012: $521,114 (it was $572,980 in 2011)
This organization: 

 $521,114
Other organizations performing similar types of work: 

 $1,219,938

Assets in 2012: $3,983,186 (it was $4,274,618 in 2011)
Obi Retiree Medical Voluntary Employee Benefits Association: 

 $3,983,186
Other organizations performing similar types of work: 

 $1,065,714

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$572,980
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$23,202
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$549,778
Statement of Functional Expenses (for 2011)
Total functional expenses$1,074,967
Compensation of current officers, directors, trustees, and key employees$142,200
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$932,767
Balance Sheet (for 2011)
Total assets$4,274,618
Total liabilities$0
Total net assets or fund balances$4,274,618
Retained earnings, endowment, accumulated income, or other funds$-501,987
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Bankamerica Group Benefits Program TrPO BOX 831041, Dallas, TX 75283-1041TX1999-09$2,749,641,848
2General Motors Health Care Trust For Salaried RetireesPO BOX 711034, Columbus, OH 43271-0001OH2005-01$2,357,872,443
3General Motors Welfare Benefit Tr300 Renaissance Center, Detroit, MI 48265-0001MI1998-05$1,897,212,317
41199 National Benefit Fund For Hospital & Human Service EmployeesPO BOX 842, New York, NY 10108-0842NY2002-04$1,358,347,924
5The Mittal Steel Usa Inc Veba Master Trust1 South Dearborn Mc 6-019, Chicago, IL 60603IL2006-01$918,552,518
6The Deere & Company Welfare Benefit Veba For Salaried EmployeesPO BOX 535007, Pittsburgh, PA 15253-5007PA2004-11$889,336,324
7Microsoft Corporation 501c9 Tr1 Microsoft Way, Redmond, WA 98052-8300WA2000-05$809,795,519
8Ascension Health Welfare Benefits TrustPO BOX 46944, Saint Louis, MO 63146-6944MO2001-01$720,641,371
9Consolidated Edison Master Veba Ret Health Tr For Weekly EmployeesPO BOX 5100, Boston, MA 02206-5100MA1999-09$85,443,878
10Pinnacle W Capital Corp Other Postretirement Employee Benfits TrPO BOX 5100, Boston, MA 02206-5100MA1994-04$28,224,282
11Master Trust Agreement For Welfare Benefits529 Main St Ste 510, Charlestown, MA 02129-1116MA2002-02$6,431,560
12Ophthalmic Consultants Of Boston Inc Health Welfare & Benefits Plan, Filip John L Ttee50 Staniford St Ste 600, Boston, MA 02114-2539MA2006-04$4,463,631
13Chmc Anesthesia Foundation Inc Retiree Medical Benefit Trust300 Longwood Ave, Boston, MA 02115-5724MA2008-01$3,067,307
14Iso New England Retiree Medical Dental And Life Tr1 Sullivan Rd, Holyoke, MA 01040-2841MA2004-06$1,330,995
15Ahcs Postretirement Benefits TrPO BOX 5100, Boston, MA 02206-5100MA2006-12$543,189
16Eg & G Technical Services Health And Welfare Benefits TrustPO BOX 5100, Boston, MA 02206-5100MA2003-04$36,425,693
17Raytheon Welfare Benefits Trust870 Winter St, Waltham, MA 02451-1449MA1997-02$26,107,848
18Boston Plasterers & Cement Masons & Asphalt Layers Loc 534 Hlth & Welf7 Frederika St, Boston, MA 02124-5115MA1972-04$2,424,550
19Massachusetts Laborers Legal Service Fund14 New England Executive Park Suite, Burlington, MA 01803-5219MA2004-11$2,248,926
20Boston Plasterers And Cement Masons Sub Fund Local Union 534, Local 5347 Frederika St, Boston, MA 02124-5115MA2003-10$1,269,022
21Dielectrics Employee Benefits Tr, Benoit Martha Ttee300 Burnett Rd, Chicopee, MA 01020-4636MA2004-03$1,061,031
22Checkerboard Ltd Employee Benefits Trust216 W Boylston St, West Boylston, MA 01583-1728MA2008-06$645,669
23Obi Retiree Medical Voluntary Employee Benefits AssociationPO BOX 4000, Peabody, MA 01961-4000MA2009-06$521,114
24Retirees Health Insurance Trust Fund198 Spring St, Rockland, MA 02370-2649MA2003-01$337,327
25Globe Newspaper Company Boston Typographical Union No 13, Cafeteria Plan TrustPO BOX 55819, Boston, MA 02205-5819MA2000-08$200,389
26Local 255 Displaced Workers Assistance Tr, Williams Richard Ttee789 Tyler St, Pittsfield, MA 01201-4320MA2000-03$92,539
27Asa Postretirement Health Benefits TrustPO BOX 5100, Boston, MA 02206-5100MA2000-05$82,917
28Local 481 Iatse Health And Welfare Fund, Local 48110 Tower Office Park Ste 218, Woburn, MA 01801-2120MA2000-12$67,947
29Employer- Contribution Veba Trust For Wheelock College200 The Riverway, Boston, MA 02215MA2006-10$48,447
30Biltrite Corporation Employee Welfare Benefit TrustPO BOX 9045, Waltham, MA 02454-9045MA1999-08$13,410
Number of organizations performing similar types of work
Alaska7
Alabama13
Arkansas6
Arizona13
California146
Colorado19
Connecticut41
District of Columbia21
Delaware7
Florida50
Georgia30
Hawaii17
Iowa22
Idaho3
Illinois89
Indiana109
Kansas17
Kentucky7
Louisiana13
Massachusetts45
Maryland35
Maine7
Michigan76
Minnesota60
Missouri39
Mississippi4
Montana21
North Carolina64
North Dakota4
Nebraska7
New Hampshire10
New Jersey47
New Mexico6
Nevada12
New York181
Ohio107
Oklahoma18
Oregon19
Pennsylvania170
Rhode Island10
South Carolina11
South Dakota5
Tennessee28
Texas100
Utah12
Virginia56
Vermont1
Washington33
Wisconsin65
West Virginia12
Wyoming5
International7
Total1,907

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