Skip to main content

Nonprofit · EIN 22-2351386

SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST

Tax-exempt · CAMDEN, NJ 08103

Financials

$39.9M$36.8M2023$43.9M$42.4M2024$43.5M$42.9M2025
Revenue Expenses · by fiscal year end
Financials of SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$43,500,346$42,853,620$646,726$74,583,537$0$74,583,537
December 31, 2024990$43,918,304$42,389,094$1,529,210$67,349,740$0$67,349,740
December 31, 2023990$39,947,874$36,763,094$3,184,780$65,608,702$0$65,608,702
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$41,620,408
Investment income
$1,879,938
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$42,853,620
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$67,349,740
Total assets, end of year
$74,583,537
Total liabilities, end of year
$0
Net assets, end of year
$74,583,537
Publicly traded securities
$74,576,036
Gross unrelated business income
$1,879,938
Gross receipts
$43,500,346
Employees
0
Volunteers
0
Year formed
1981
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Wilmington TrustTrustee
Institutional trustee
1$0$54,782
Subaru of America IncRetirement Plan Committee
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
Subaru of America IncRetirement Plan Committee
Trustee or director
1$0
Wilmington TrustTrustee
Institutional trustee
1$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
WILMINGTON TRUST XXX-XX-XXXXTRUSTEE
Institutional trustee
1$47,600
SUBARU OF AMERICA INCRETIREMENT COMMITTEE
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
1 SUBARU DR, CAMDEN, NJ 08103-2204
In care of
% CASEY LARKIN
Principal officer (990 for 2025)
Theresa Zohlman, ONE SUBARU DRIVE, CAMDEN, NJ 08103
Signed the 990
Theresa Zohlman, VP - CFO
Phone
(856) 488-5042

Mission

TO PROVIDE FOR THE PAYMENT OF HEALTH AND WELFARE BENEFITS TO THE EMPLOYEES OF SUBARU OF AMERICA, INC. AND ITS SUBSIDIARIES. 2162 PARTICIPANTS AS OF 12/31/2025.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE FOR THE PAYMENT OF HEALTH AND WELFARE BENEFITS TO THE EMPLOYEES OF SUBARU OF AMERICA, INC. AND ITS' SUBSIDIARIES.
    Expenses $42,853,620 · revenue $41,620,408
  • none

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2351386
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$74,583,537
Income (IRS master file)
$43,500,346

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$43,500,346$42,853,620$74,583,537XML
990December 2024$43,918,304$42,389,094$67,349,740XML
990December 2023$39,947,874$36,763,094$65,608,702XML
990December 2022$33,000,681$32,714,257$58,661,394IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2351386).

Questions about SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST

What is the EIN of SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST?
The employer identification number (EIN) of SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST is 22-2351386.
Is SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1982.
Are donations to SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST?
The 990 for the year ended December 31, 2025 names Theresa Zohlman.
Who are the officers and directors of SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST?
The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does SUBARU VOLUNTARY EMPLOYEE WELFARE BENEFIT TRUST have?
On its 990 for the year ended December 31, 2025 it reported revenue of $43,500,346, expenses of $42,853,620 and total assets of $74,583,537 at year end.

Other nonprofits in CAMDEN

All nonprofits in CAMDEN · New Jersey