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:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$300
Award Date:Feb 18, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$300
Award Date:May 5, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$297
Award Date:Feb 27, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$290
Award Date:Oct 21, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$290
Award Date:Jun 15, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$228
Award Date:Dec 11, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$171
Award Date:May 24, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$171
Award Date:Aug 30, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$171
Award Date:Aug 27, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$171
Award Date:Sep 10, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$155
Award Date:Aug 29, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$148
Award Date:May 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$148
Award Date:Jul 17, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$131
Award Date:Nov 13, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$85
Award Date:Mar 25, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$57
Award Date:Sep 25, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$34
Award Date:Sep 5, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$2,367,778
Award Date:Jul 31, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,990,151
Award Date:Feb 28, 2019
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$939,600
Award Date:Jan 22, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$525,732
Award Date:Apr 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$503,449
Award Date:Jul 6, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$361,688
Award Date:Sep 2, 2016
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$43,302
Award Date:Jul 10, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$28,792
Award Date:May 6, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$11,097
Award Date:Feb 27, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$4,798
Award Date:Aug 11, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,500
Award Date:Aug 27, 2018
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$705
Award Date:May 15, 2020
State:CT
Grant Amount:
Face Loan Amount:
Contract Amount:$2,311
Award Date:Sep 22, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200,000
Award Date:Oct 1, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$910,119
Award Date:May 18, 2016
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$246,608
Award Date:Oct 4, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$3,901,234
Award Date:Jan 17, 2012
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$493,716
Award Date:Sep 8, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$105,345
Award Date:Jul 17, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$78,210
Award Date:Sep 24, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$29,097
Award Date:Oct 1, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$26,142
Award Date:May 30, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$20,000
Award Date:Dec 22, 2011
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$8,080
Award Date:Oct 2, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$1,009
Award Date:Dec 12, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$111
Award Date:Oct 22, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$1
Award Date:Oct 2, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$16,466,649
Award Date:Sep 26, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$11,679,857
Award Date:Apr 24, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$2,577,508
Award Date:Aug 12, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$377,097
Award Date:Sep 27, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$23,308
Award Date:Oct 6, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$12,672
Award Date:Oct 3, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$3,643
Award Date:Oct 3, 2019
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$331
Award Date:Oct 3, 2019
Tax / Subsidy Issues