Graham Holdings Company Ebat

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521318505 ✦ Arlington, VA ✦ Designated as a 501(c)(9)

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Overview

What is Graham Holdings Company Ebat?

Graham Holdings Company Ebat, also known as the Graham Holdings Company Voluntary Employees' Benefit Association, is a nonprofit organization based in Arlington, Virginia. Their primary focus is to offer medical, dental, vision, and long-term disability benefits to around 5,000 current and former employees and their dependents from Graham Holdings Company and its subsidiaries. This VEBA (Voluntary Employees' Benefit Association) aims to ensure the well-being and healthcare security of its members.

Is Graham Holdings Company Ebat legitimate?

Graham Holdings Company Ebat is a legitimate nonprofit organization registered as a 501(c)(9) entity. Graham Holdings Company Ebat submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Graham Holdings Company Ebat?

The Graham Holdings Company Employees' Benefit Trust (Ebat) serves as a VEBA, or Voluntary Employees' Benefit Association, offering medical, dental, vision, and long-term disability benefits to a community of around 5,000 individuals. This group encompasses current and former employees, retirees, and their dependents and beneficiaries of Graham Holdings Company and its affiliated subsidiaries. The trust's mission is to ensure the well-being of these individuals by providing essential benefits to enhance their overall quality of life.

Who is the CEO of Graham Holdings Company Ebat?

Wallace Cooney is the Trustee of Graham Holdings Company Ebat.

What is the revenue of Graham Holdings Company Ebat?

Graham Holdings Company Ebat's revenue in 2022 was $51,013,759.

Who are the executives of Graham Holdings Company Ebat and what are their salaries?


There is 1 key member and their salary:


Mellon Bank (3313 Inv Mng) (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $18,109
Where can I find the form 990 for Graham Holdings Company Ebat?

Graham Holdings Company Ebat's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Graham Holdings Company Ebat

Graham Holdings Company Ebat, a Voluntary Employees' Beneficiary Association, is dedicated to extending essential benefits to employees, retirees, and their dependents and beneficiaries of Graham Holdings Company and its participating subsidiaries. In simpler terms, this VEBA assumes the responsibility of providing medical, dental, vision, and long-term disability coverage for around 5,000 individuals associated with Graham Holdings Company and its subsidiaries.

By offering these benefits, Graham Holdings Company Ebat plays a significant role in ensuring the well-being and financial security of its beneficiaries. The VEBA's mission is driven by the belief in the importance of comprehensive healthcare coverage for all, especially for those who have devoted their time and expertise to the organization. By pooling resources together, Graham Holdings Company Ebat is able to provide a more extensive and cost-effective range of benefits compared to what individual employees might be able to secure on their own.

Moreover, Graham Holdings Company Ebat's commitment to providing benefits goes beyond the traditional scope. The organization ensures that the benefits it offers remain accessible and affordable to as many people as possible. This approach not only benefits the employees and retirees but also fosters a stronger sense of loyalty and commitment among them towards their employer. Ultimately, Graham Holdings Company Ebat's mission serves to create a supportive work environment that values the health and well-being of its workforce and recognizes the importance of a comprehensive benefits package in achieving that goal.

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Impact




October, 2024

Graham Holdings Company Ebat has a significant impact on the well-being of approximately 5,000 current and former employees of Graham Holdings Company and its subsidiaries. By offering comprehensive medical, dental, vision, and long-term disability benefits, Ebat ensures that employees, retirees, and their beneficiaries have access to essential health services. This support not only enhances the quality of life for individuals and their families but also contributes to employee retention and satisfaction, fostering a more engaged workforce. In turn, this can lead to improved productivity and organizational loyalty, ultimately benefiting the overall performance of Graham Holdings Company and its participating subsidiaries. Through its mission, Ebat plays a crucial role in promoting financial security and health among the Graham Holdings community in Arlington, VA.




This information is meant to be a general summary of Graham Holdings Company Ebat. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$51,013,759 (2022)
Expenses
$52,782,533 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $119,228
  • Gross Receipts: $105,639,824

Assets and Liabilities:

  • Total Assets: $12,817,047
  • Total Liabilities: $0
  • Net Assets: $12,817,047

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Organization Details

Founding Year

1984

Principal Officer

Wallace Cooney

Main Address

1300 17th Street North Ste 1700, Arlington, VA, 22209

NTEE Category

Code: Y40 - Mutual benefit

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