Nonprofit · EIN 82-1153154
ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST
Tax-exempt · CHARLOTTE, NC 28277
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $92,299 | $76,360 | $15,939 | $638,777 | $0 | $638,777 |
| December 31, 2024 | 990 | $22,200 | $58,833 | -$36,633 | $662,787 | $0 | $662,787 |
| December 31, 2023 | 990 | $31,465 | $122,836 | -$91,371 | $669,694 | $0 | $669,694 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $92,299
- Net gain from sales of assets
- $45,573
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $69,547
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $662,787
- Total assets, end of year
- $638,777
- Total liabilities, end of year
- $0
- Net assets, end of year
- $638,777
- Publicly traded securities
- $397,865
- Gross receipts
- $520,409
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2016
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES SCHWAB BANK | TRUSTEE Institutional trustee | 1 | $0 | $1,000 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES SCHWAB BANK | TRUSTEE Institutional trustee | 1 | $0 | $1,000 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES SCHWAB BANK | TRUSTEE Institutional trustee | 1 | $0 | $1,000 |
Address and contacts
- Address (IRS master file)
- 13860 BALLANTYNE CORP PL 300, CHARLOTTE, NC 28277-0000
- In care of
- % ESSENTIAL POWER LLC
- Principal officer (990 for 2025)
- CHARLES SCHWAB BANK, 211 MAIN ST 14TH FL, SAN FRANCISCO, CA 94105
- Signed the 990
- GEORGE KNAPP, VP/GENERAL COUNSEL
- Phone
- (704) 672-2706
- Return prepared by
- GREERWALKER ADVISORS LLC
Mission
TO FUND REIMBURSEMENT OF MEDICAL EXPENSE UNDER A HEALTH REIMBURSEMENT ARRANGEMENT
Program accomplishments
- HEALTH REIMBURSEMENT ARRANGEMENT FUNDED CERTAIN RETIRED PARTICIPANT MEDICAL EXPENSES IN THE AMOUNT OF $69,547.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1153154
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $638,777
- Income (IRS master file)
- $520,409
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $92,299 | $76,360 | $638,777 | XML |
| 990 | December 2024 | $22,200 | $58,833 | $662,787 | XML |
| 990 | December 2023 | $31,465 | $122,836 | $669,694 | XML |
| 990 | December 2022 | $75,540 | $113,774 | $730,154 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 82-1153154).
Questions about ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST
- What is the EIN of ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST?
- The employer identification number (EIN) of ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST is 82-1153154.
- Is ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2018.
- Are donations to ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ESSENTIAL POWER LLC VEBA HEALTH SAVINGS 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 ESSENTIAL POWER LLC VEBA HEALTH SAVINGS 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 ESSENTIAL POWER LLC VEBA HEALTH SAVINGS 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 ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST?
- The 990 for the year ended December 31, 2025 names CHARLES SCHWAB BANK.
- Who are the officers and directors of ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does ESSENTIAL POWER LLC VEBA HEALTH SAVINGS TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $92,299, expenses of $76,360 and total assets of $638,777 at year end.
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