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Filing year 2024

BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST

Houston, Texas·EIN 25-1809780·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$459.8M
Total assets
$26.3M
Total expenses
$441.3M
Reported officers
1
Mission

THE VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION (VEBA) PROVIDES PAYMENT OF HEALTH AND PROTECTION BENEFITS FOR ELIGIBLE ACTIVE AND RETIRED PARTICIPANTS OF BP CORPORATION NORTH AMERICA, INC. AND ITS AFFILIATES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
Median to 75th percentile
$19k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.0%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 11%
from 2023

From $18k in 2023 to $19k in 2024.

$18k
2023
$19k
2024
In today's dollarsEst.
Up 8% in real terms$19k to $20k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 11% from 2023 to 2024, while revenue rose 11%.

$18k in 2023 to $19k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$414.5M
$417.9M
2023
$459.8M
$441.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn in Texas

Comparable mutual & membership benefit organizations in Texas pay their highest-earning executive a median of $55,169.

25th percentile
$13k
Median
$55,169
75th percentile
$180k
90th percentile
$398k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 55 organizations across 55 filings (2023 – 2024).

See full Mutual & Membership Benefit pay data for Texas
FAQ

Common questions about BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST

What does the Board Member of BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST earn?

In 2024, the Board Member of BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST received $19,420 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST's revenue and expenses?

In 2024, BP CORPORATION NORTH AMERICA INC VEBA MASTER TRUST reported $459.8M in total revenue and $441.3M in total expenses on its IRS Form 990.

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