Mission
Provide funeral, memorial, and medical benefits to members and dependents.
Small Public Charity
Voluntary Employee's Beneficiary Association
Based in Watertown, SD, Voluntary Employee's Beneficiary Association operates as a Small Public Charity. The organization reported $19K in revenue, $8K in expenses, $55K in total assets for fiscal year 2023.
EIN: 460443644
Watertown, SD
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2023
Total Revenue$19K
Total Expenses$8K
Total Assets$55K
Grant Records0
Filing Years2021–2023
Where $100 goes at Voluntary Employee's Beneficiary Association
How Voluntary Employee's Beneficiary Association divides every $100 it spends, from its own Form 990-EZ filings, averaged across 3 years.
$98
Programs
the work itself
$2
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $98 for programs
$98
Provide payment of emergency, sick, and accidental benefits to members and dependents.Provide payment of funeral memorial benefits to members and dependents
Source: Form 990-EZ filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Treasurer
Brent Clark
President
Douglas Caulfield
Vice Presidnet
Eric Schaible
Director
Julia Pitan
Director
Lonnie Kleinsasser
Director
Nick House
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $19K | $8K | $55K |
| 2022 | $21K | $10K | $45K |
| 2021 | $15K | $8K | $34K |
Between 2021 and 2023, reported annual revenue grew from $15K to $19K (+23%), with total assets most recently reported at $55K.
Interactive year-over-year charts and full filing details available with membership.