Kaiser Aluminum Salaried Retirees Veba Tr
EIN: 686244507 · San Francisco, CA · NTEE: Y43
Is Kaiser Aluminum Salaried Retirees Veba Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kaiser Aluminum Salaried Retirees Veba Tr
Kaiser Aluminum Salaried Retirees Veba Tr (EIN: 686244507) is a nonprofit organization based in San Francisco, CA, classified under NTEE code Y43. The organization reported total revenue of $43.6M and total assets of $42.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kaiser Aluminum Salaried Retirees Veba Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kaiser Aluminum Salaried Retirees Veba Tr is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-3,871,162 |
| Total Assets | $43.5M |
| Total Liabilities | $3.3M |
| Net Assets | $40.2M |
| Operating Margin | -283.5% |
| Debt-to-Asset Ratio | 7.6% |
| Months of Reserves | 99.6 months |
Financial Health Grade: B
In 2023, Kaiser Aluminum Salaried Retirees Veba Tr reported a deficit of $3.9M with expenses exceeding revenue, holds 99.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kaiser Aluminum Salaried Retirees Veba Tr's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.9% | -22.9% | +2.4% |
| 2022 | -70.6% | -7.6% | -28.6% |
| 2021 | +47.1% | +3.6% | -1.8% |
| 2020 | -49.4% | -15.9% | +5.0% |
| 2019 | +59.6% | +4.8% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kaiser Aluminum Salaried Retirees Veba Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kaiser Aluminum Salaried Retirees Veba Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.6%.
Frequently Asked Questions about Kaiser Aluminum Salaried Retirees Veba Tr
Is Kaiser Aluminum Salaried Retirees Veba Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Kaiser Aluminum Salaried Retirees Veba Tr (EIN: 686244507) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kaiser Aluminum Salaried Retirees Veba Tr spend its money?
Detailed spending breakdown data is not yet available for Kaiser Aluminum Salaried Retirees Veba Tr. Check back for updated IRS 990 analysis.
Are donations to Kaiser Aluminum Salaried Retirees Veba Tr tax-deductible?
Kaiser Aluminum Salaried Retirees Veba Tr is registered as a tax-exempt nonprofit (EIN: 686244507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Kaiser Aluminum Salaried Retirees Veba Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kaiser Aluminum Salaried Retirees Veba Tr's revenue has grown by 154.5%, moving from $536K to $1.4M. Total assets decreased by 23% over the same period, from $56.4M to $43.5M. Total functional expenses fell by 18.7%, from $6.4M to $5.2M. In its most recent filing year (2023), Kaiser Aluminum Salaried Retirees Veba Tr reported a deficit of $3.9M, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $43.5M in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $40.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $5.2M | $43.5M | $3.3M | — | View 990 |
| 2022 | $1.2M | $6.8M | $42.5M | $4.6M | — | View 990 |
| 2021 | $3.9M | $7.3M | $59.4M | $4.9M | — | — |
| 2020 | $2.7M | $7.1M | $60.5M | $4.4M | — | — |
| 2019 | $5.3M | $8.4M | $57.6M | $5.0M | — | View 990 |
| 2018 | $3.3M | $8.0M | $53.4M | $4.8M | — | View 990 |
| 2017 | $5.2M | $8.6M | $61.2M | $4.8M | — | — |
| 2016 | $3.9M | $7.3M | $57.9M | $3.5M | — | View 990 |
| 2015 | $4.2M | $6.7M | $59.0M | $3.1M | — | View 990 |
| 2014 | $3.3M | $6.8M | $62.2M | $3.1M | — | View 990 |
| 2013 | $3.8M | $6.1M | $63.3M | $2.4M | — | View 990 |
| 2012 | $2.6M | $5.9M | $59.5M | $2.4M | — | View 990 |
| 2011 | $536K | $6.4M | $56.4M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $5.2M, and assets of $43.5M (revenue +17.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $6.8M, and assets of $42.5M (revenue -70.6% year-over-year).
- 2021: Revenue of $3.9M, expenses of $7.3M, and assets of $59.4M (revenue +47.1% year-over-year).
- 2020: Revenue of $2.7M, expenses of $7.1M, and assets of $60.5M (revenue -49.4% year-over-year).
- 2019: Revenue of $5.3M, expenses of $8.4M, and assets of $57.6M (revenue +59.6% year-over-year).
- 2018: Revenue of $3.3M, expenses of $8.0M, and assets of $53.4M (revenue -35.9% year-over-year).
- 2017: Revenue of $5.2M, expenses of $8.6M, and assets of $61.2M (revenue +33.6% year-over-year).
- 2016: Revenue of $3.9M, expenses of $7.3M, and assets of $57.9M (revenue -7.3% year-over-year).
- 2015: Revenue of $4.2M, expenses of $6.7M, and assets of $59.0M (revenue +25.8% year-over-year).
- 2014: Revenue of $3.3M, expenses of $6.8M, and assets of $62.2M (revenue -13.5% year-over-year).
- 2013: Revenue of $3.8M, expenses of $6.1M, and assets of $63.3M (revenue +46.7% year-over-year).
- 2012: Revenue of $2.6M, expenses of $5.9M, and assets of $59.5M (revenue +387.2% year-over-year).
- 2011: Revenue of $536K, expenses of $6.4M, and assets of $56.4M.
Data Sources and Methodology
This transparency report for Kaiser Aluminum Salaried Retirees Veba Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.