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:$2,769
Award Date:Jan 13, 2020
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:$2,101
Award Date:Jan 27, 2020
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:$21,650
Award Date:Feb 19, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,319
Award Date:Feb 24, 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:$3,207
Award Date:Mar 16, 2020
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:$409
Award Date:Mar 23, 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:$525,732
Award Date:Apr 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$7,164
Award Date:Apr 14, 2020
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:$36,455
Award Date:Apr 20, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$260,902
Award Date:Apr 24, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$11,679,857
Award Date:Apr 24, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$374
Award Date:Apr 29, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$148
Award Date:May 1, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$300
Award Date:May 5, 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:$600
Award Date:May 8, 2020
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:$705
Award Date:May 15, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$26,142
Award Date:May 30, 2020
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:$78,363
Award Date:Jun 9, 2020
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:$600
Award Date:Jun 22, 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:$68,265
Award Date:Jun 25, 2020
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:$106,287
Award Date:Jun 26, 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:$116,477
Award Date:Jun 30, 2020
State:
Grant Amount:
Face Loan Amount:$3,379,686
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$5,617,149
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$3,467,089
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$4,206,413
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$3,153,692
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,089,694
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$5,260,263
Contract Amount:
Award Date:Jul 10, 2020
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:$26,659
Award Date:Jul 14, 2020
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:$148
Award Date:Jul 17, 2020
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:$50,520
Award Date:Jul 21, 2020
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:$3,086
Award Date:Jul 29, 2020
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:$215,940
Award Date:Aug 5, 2020
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:$20,555
Award Date:Aug 5, 2020
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:$23,880
Award Date:Aug 6, 2020
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:$27,778
Award Date:Aug 7, 2020
State:
Grant Amount:
Face Loan Amount:$1,047,494
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,158,369
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$1,115,949
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$5,266,818
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$5,801,903
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$5,266,232
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$5,803,199
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$4,209,687
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,107,233
Contract Amount:
Award Date:Aug 10, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$4,798
Award Date:Aug 11, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$2,577,508
Award Date:Aug 12, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,570
Award Date:Aug 18, 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:$30,834
Award Date:Aug 20, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$6,670
Award Date:Aug 20, 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:$1,429
Award Date:Aug 25, 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:Aug 30, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$584,449
Award Date:Sep 3, 2020
State:
Grant Amount:
Face Loan Amount:$5,140,614
Contract Amount:
Award Date:Sep 8, 2020
State:
Grant Amount:
Face Loan Amount:$3,072,391
Contract Amount:
Award Date:Sep 8, 2020
State:VA
Grant Amount:
Face Loan Amount:
Contract Amount:$493,716
Award Date:Sep 8, 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:$19,068
Award Date:Sep 10, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$342
Award Date:Sep 10, 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:$5,144
Award Date:Sep 12, 2020
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:$6,204
Award Date:Sep 19, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$2,300
Award Date:Sep 22, 2020
State:CT
Grant Amount:
Face Loan Amount:
Contract Amount:$2,311
Award Date:Sep 22, 2020
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:$4,503
Award Date:Sep 23, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$900
Award Date:Sep 24, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$57
Award Date:Sep 25, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Sep 29, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Sep 29, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$22,571
Award Date:Sep 30, 2020
State:
Grant Amount:
Face Loan Amount:$3,080,620
Contract Amount:
Award Date:Oct 7, 2020
State:
Grant Amount:
Face Loan Amount:$1,123,128
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$1,123,168
Contract Amount:
Award Date:Oct 8, 2020
Tax / Subsidy Issues