COVID Stimulus Watch Parent Company Summary

Parent Company Name:
Verizon Communications
Grant Total: $0
Face Value of Loans Total: $58,950,870

Parent Company Data

Ownership Structure: publicly traded (ticker symbol VZ)
Headquartered in: New York
Sector: telecommunications
Industry: telecommunications
Employees (prior to pandemic): 135,000

Parent Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $51,161,229
Contracting icon
Government-contracting-related Penalties: $95,625,410
Environment icon
Environmental / Healthcare / Safety Penalties: $241,746
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $953,766,659
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 151 to 1
CEO Compensation: $18,111,823
Worker Median Pay: $172,971
Tax icon
Total Federal, State, and Local Subsidies: $100,327,516
Federal Corporate Income Tax Rate: 11.8%
Details on Accountability data sources

Other Accountability Links For This Company

Individual Award Records

Click on the company name for more information on each subsidy award.

CSV XML (max 5,000 records)

Grant Amount:
Face Loan Amount:
Contract Amount:$11,679,858
Award Date:Apr 24, 2020
Grant Amount:
Face Loan Amount:$5,803,199
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$5,801,903
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$5,617,149
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$5,266,818
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$5,266,232
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$5,260,263
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$4,209,687
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$4,206,413
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$3,467,089
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$3,379,686
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$3,153,692
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$2,107,233
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$2,089,694
Contract Amount:
Award Date:Jul 10, 2020
Grant Amount:
Face Loan Amount:$1,158,369
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$1,115,949
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:$1,047,494
Contract Amount:
Award Date:Aug 10, 2020
Grant Amount:
Face Loan Amount:
Contract Amount:$377,097
Award Date:Sep 27, 2019
Grant Amount:
Face Loan Amount:
Contract Amount:$292,433
Award Date:Jul 6, 2018
Grant Amount:
Face Loan Amount:
Contract Amount:$197,066
Award Date:Sep 2, 2016
Grant Amount:
Face Loan Amount:
Contract Amount:$80,534
Award Date:Feb 28, 2019
Grant Amount:
Face Loan Amount:
Contract Amount:$35,000
Award Date:Aug 23, 2016

CSV XML (max 5,000 records)