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:
Grant Amount:
Face Loan Amount:$1,026,914
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$2,246,404
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$2,053,310
Contract Amount:
Award Date:Oct 8, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$3,029
Award Date:Oct 9, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,453
Award Date:Oct 21, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$290
Award Date:Oct 21, 2020
State:
Grant Amount:
Face Loan Amount:$2,239,456
Contract Amount:
Award Date:Oct 22, 2020
State:
Grant Amount:
Face Loan Amount:$2,242,139
Contract Amount:
Award Date:Oct 27, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$4,115
Award Date:Oct 28, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,028
Award Date:Nov 4, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,371
Award Date:Nov 12, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$131
Award Date:Nov 13, 2020
State:
Grant Amount:
Face Loan Amount:$3,355,084
Contract Amount:
Award Date:Nov 16, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$857
Award Date:Nov 17, 2020
State:
Grant Amount:
Face Loan Amount:$2,238,995
Contract Amount:
Award Date:Nov 23, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,257,044
Award Date:Nov 25, 2020
State:
Grant Amount:
Face Loan Amount:$3,008,145
Contract Amount:
Award Date:Dec 4, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Dec 4, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$228
Award Date:Dec 11, 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:$685
Award Date:Dec 17, 2020
State:
Grant Amount:
Face Loan Amount:$3,012,987
Contract Amount:
Award Date:Dec 21, 2020
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:$2,229
Award Date:Dec 31, 2020
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$5,403
Award Date:Jan 29, 2021
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:$1,801
Award Date:Feb 5, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$571
Award Date:Feb 8, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$4,498
Award Date:Feb 16, 2021
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:$2,401
Award Date:Feb 18, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$300
Award Date:Feb 18, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$514
Award Date:Feb 19, 2021
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:$5,315
Award Date:Feb 22, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$771
Award Date:Feb 23, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$4,287
Award Date:Feb 24, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$3,602
Award Date:Feb 25, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Feb 25, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Feb 25, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Feb 25, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Feb 27, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$297
Award Date:Feb 27, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$359
Award Date:Mar 19, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$85
Award Date:Mar 25, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$3,002
Award Date:Mar 31, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$1,200
Award Date:Apr 5, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$900
Award Date:Apr 13, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$3,000
Award Date:May 20, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$171
Award Date:May 24, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$290
Award Date:Jun 15, 2021
State:NJ
Grant Amount:
Face Loan Amount:
Contract Amount:$2,906
Award Date:Jun 29, 2021
Tax / Subsidy Issues