Granite Construction Incorporated Employee Benefit Tr

Organization Overview

Granite Construction Incorporated Employee Benefit Tr is located in Dallas, TX. The organization was established in 2013. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Granite Construction Incorporated Employee Benefit Tr employed 372 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granite Construction Incorporated Employee Benefit Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Granite Construction Incorporated Employee Benefit Tr generated $7.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $6.6m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VOLUNTARY EMPLOYEE BENEFICIARY TRUST THAT PROVIDES HEALTH AND WELFARE BENEFITS TO CURRENT AND ELIGIBLE FORMER GRANITE CONSTRUCTION EMPLOYEES AND THEIR DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING FOR THE PAYMENT OF HEALTH AND WELFARE BENEFITS TO CURRENT AND ELIGIBLE FORMER GRANITE CONSTRUCTION EMPLOYEES AND THEIR DEPENDENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,000,142
Investment income $579
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,000,721

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