NonprofitsComputer Aid Inc Veba Tr

Computer Aid Inc Veba Tr

ALLENTOWN, PA

Total revenue

$14.1M

Total expenses

$14.4M

Net assets

$474K

Grants received

EIN

237668943

Tax year

2024

Mission

The trust provides medical benefits to the employees of Computer Aid, Inc.

Programs

1 program

The trust provides for the funding of the Computer Aid, Inc. Medical Benefit Plan which provides for health benefits under the Consolidated Omnibus Budget Reconciliation Act (COBRA). As required, it offers continuation of benefits for a specified period of time to qualified employees and their dependents who would not otherwise be eligible for continued coverage because of a particular qualifying event as required by law. As of 12/31/24, there were 11 participants covered under the COBRA provisions.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.1M
Investment income$26K
Other revenue
Total revenue$14.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.3M
Total expenses$14.4M
Total assets$707K
Net assets$474K

People

3 listed

NameRoleCompensation

Thomas A Salvaggio

Trustee

Board

Anthony J Salvaggio

Former Trustee

Staff

Andrew P McIntyre

Former Trustee

Staff

Details

EIN237668943
Subsection09
Ruling date1991-07
Formed1990
Employees0
Volunteers0
COMPUTER AID INC VEBA TR — Mission, Financials & Grants Received | Grantivo