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Nonprofit · EIN 47-2257585

NATIONAL PETROLEUM COUNCIL VEBA

Tax-exempt · WASHINGTON, DC 20006

Financials

$69K$10K2023$111K$11K2024$187K$12K2025
Revenue Expenses · by fiscal year end
Financials of NATIONAL PETROLEUM COUNCIL VEBA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$187,480$12,414$175,066$2,500,166$0$2,500,166
December 31, 2024990$110,680$10,870$99,810$2,205,209$0$2,205,209
December 31, 2023990$69,295$9,762$59,533$1,966,220$0$1,966,220
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$187,480
Net gain from sales of assets
$45,685
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$2,205,209
Total assets, end of year
$2,500,166
Total liabilities, end of year
$0
Net assets, end of year
$2,500,166
Publicly traded securities
$2,455,331
Gross receipts
$1,347,380
Employees
0
Volunteers
0
Year formed
2015
State of legal domicile
DC

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 / weekCompensation
CHARLES SCHWAB BANKTRUSTEE
Institutional trustee
1$2,629
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
CHARLES SCHWAB BANKTRUSTEE
Institutional trustee
1$2,510
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
CHARLES SCHWAB BANKTRUSTEE
Institutional trustee
1$2,394

Address and contacts

Address (IRS master file)
1625 K STREET NW 600, WASHINGTON, DC 20006-1604
In care of
% STEVE NEWSTEDT
Principal officer (990 for 2025)
CHARLES SCHWAB BANK, 211 MAIN ST 14TH FLOOR, SAN FRANCISCO, CA 94105
Signed the 990
CHARLES SCHWAB BANK, TRUSTEE
Phone
(202) 393-6100
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO FUND REIMBURSEMENT OF MEDICAL EXPENSES UNDER A HEALTH REIMBURSEMENT ARRANGEMENT.

990 for the year ended December 31, 2025

Program accomplishments

  • TO FUND REIMBURSEMENT OF MEDICAL EXPENSES UNDER A HEALTH REIMBURSEMENT ARRANGEMENT.

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
47-2257585
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,500,166
Income (IRS master file)
$1,347,380

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$187,480$12,414$2,500,166XML
990December 2024$110,680$10,870$2,205,209XML
990December 2023$69,295$9,762$1,966,220XML
990December 2022$40,863$10,222$1,710,807IRS
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 47-2257585).

Questions about NATIONAL PETROLEUM COUNCIL VEBA

What is the EIN of NATIONAL PETROLEUM COUNCIL VEBA?
The employer identification number (EIN) of NATIONAL PETROLEUM COUNCIL VEBA is 47-2257585.
Is NATIONAL PETROLEUM COUNCIL VEBA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2017.
Are donations to NATIONAL PETROLEUM COUNCIL VEBA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NATIONAL PETROLEUM COUNCIL VEBA 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 NATIONAL PETROLEUM COUNCIL VEBA 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 NATIONAL PETROLEUM COUNCIL VEBA 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 NATIONAL PETROLEUM COUNCIL VEBA?
The 990 for the year ended December 31, 2025 names CHARLES SCHWAB BANK.
Who are the officers and directors of NATIONAL PETROLEUM COUNCIL VEBA?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $2,629 (CHARLES SCHWAB BANK, TRUSTEE).
How much revenue does NATIONAL PETROLEUM COUNCIL VEBA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $187,480, expenses of $12,414 and total assets of $2,500,166 at year end.

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