COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Verizon Communications
Grant Total: $0
Face Value of Loans Total: $93,914,225
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-related Penalties: $57,163,258
Government-contracting-related Penalties: $95,625,410
Environmental / Healthcare / Safety Penalties: $3,117,398
Consumer Protection / Financial / Competition-related Penalties: $1,018,754,585
Ratio of CEO Pay to that of Median Worker: 151 to 1
CEO Compensation: $18,111,823
Worker Median Pay: $172,971
Total Federal, State, and Local Subsidies: $44,874,585
Federal Corporate Income Tax Rate: 11.8%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:CA
Grant Amount:
Face Loan Amount:
Contract Amount:$44,400
Award Date:Feb 22, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,257,044
Award Date:Nov 25, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$978,789
Award Date:Sep 20, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$584,449
Award Date:Sep 3, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$533,068
Award Date:Sep 24, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$511,520
Award Date:Sep 26, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$379,998
Award Date:Jan 31, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$375,885
Award Date:Sep 18, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$329,985
Award Date:Jun 26, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$260,902
Award Date:Apr 24, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$240,647
Award Date:Aug 28, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$228,301
Award Date:Sep 11, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$216,799
Award Date:Jul 21, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$215,940
Award Date:Aug 5, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$203,018
Award Date:Sep 13, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$196,243
Award Date:Aug 5, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$160,932
Award Date:Aug 20, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$160,322
Award Date:Jun 23, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$155,797
Award Date:Sep 16, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$155,636
Award Date:Aug 1, 2011
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$137,979
Award Date:Aug 10, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$128,414
Award Date:Aug 6, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$117,624
Award Date:Sep 19, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$116,477
Award Date:Jun 30, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$112,159
Award Date:Jun 26, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$106,287
Award Date:Jun 26, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$99,409
Award Date:Aug 24, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$97,277
Award Date:Mar 18, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$95,774
Award Date:May 25, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$87,568
Award Date:Sep 17, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$82,960
Award Date:Aug 3, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$81,950
Award Date:Jul 3, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$78,363
Award Date:Jun 9, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$78,220
Award Date:Jun 26, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$71,924
Award Date:Sep 9, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$70,256
Award Date:Apr 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$68,265
Award Date:Jun 25, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$67,752
Award Date:Aug 28, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$67,223
Award Date:Sep 3, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$67,141
Award Date:Aug 12, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$65,387
Award Date:Aug 7, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$63,544
Award Date:Aug 31, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$63,532
Award Date:May 14, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$58,637
Award Date:Oct 11, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$58,382
Award Date:Sep 25, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$54,057
Award Date:Sep 6, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$51,906
Award Date:Jun 22, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$50,848
Award Date:Jun 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$50,520
Award Date:Jul 21, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$41,928
Award Date:Oct 2, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$41,490
Award Date:Mar 17, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$40,613
Award Date:Jul 15, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$37,919
Award Date:Aug 28, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$36,688
Award Date:Mar 21, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$36,455
Award Date:Apr 20, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$36,438
Award Date:Jul 15, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$34,560
Award Date:Oct 12, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$33,204
Award Date:Dec 23, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$32,588
Award Date:Dec 17, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$31,398
Award Date:Feb 8, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$31,148
Award Date:May 15, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$30,834
Award Date:Aug 20, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$30,667
Award Date:Feb 27, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$30,341
Award Date:Aug 14, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$27,778
Award Date:Aug 7, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$27,229
Award Date:Nov 1, 2017
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$26,741
Award Date:Aug 23, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$26,659
Award Date:Jul 14, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$26,621
Award Date:Jun 13, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$25,281
Award Date:Jul 21, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$24,361
Award Date:Sep 3, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$23,880
Award Date:Aug 6, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$23,504
Award Date:Sep 11, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$23,332
Award Date:Jul 16, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$22,957
Award Date:Aug 31, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$22,571
Award Date:Sep 30, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$21,650
Award Date:Feb 19, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$20,635
Award Date:Sep 16, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$20,574
Award Date:Sep 23, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$20,555
Award Date:Aug 5, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$19,768
Award Date:May 14, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$19,068
Award Date:Sep 10, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$17,337
Award Date:Jul 25, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$16,075
Award Date:Jul 18, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$15,836
Award Date:Sep 10, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$14,229
Award Date:Oct 15, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$14,092
Award Date:Jun 18, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$13,123
Award Date:Jun 23, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$11,904
Award Date:Sep 17, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,418
Award Date:Sep 15, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,346
Award Date:Jul 26, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,328
Award Date:Apr 17, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,321
Award Date:Jul 17, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,205
Award Date:Aug 23, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,184
Award Date:Sep 28, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$10,080
Award Date:Sep 24, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$9,006
Award Date:Feb 4, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$8,730
Award Date:Sep 28, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$8,305
Award Date:Feb 17, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$7,936
Award Date:Sep 29, 2019
Tax / Subsidy Issues