CSCharityScored
48

Veap Inc

Other · Bloomington, Minnesota

9600 Aldrich Ave S, Bloomington, MN 55420-4210

EIN: 416175999· Founded: Mar 1978· 48 years active· Filing Year: 2023

Annual Revenue

$14.6M

Total Expenses

$14.4M

Total Assets

$8.0M

Program Spending

1%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$201K

1.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.5M

Total Payroll

$1.7M

12% of total expenses

Where the Money Goes

1%
Programs: 1%
Payroll: 12%
Other overhead: 99%
Program Revenue$109K (1%)
Total Expenses$14.4M (99%)
Payroll$1.7M (12%)
Overhead (non-program)99%

Trust Score Breakdown

Program Spending Ratio

1% of expenses go to programs

40%

Revenue & Stability

$14.6M annual revenue

15%

Executive Compensation

$201K total officer comp (1.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$8.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.