Liabilities / Assets
65th percentile
Tied with the lowest-debt nonprofits in its peer group.
Employer Contribution Veba Trust for Lycoming College
990EZ • Fiscal year 2020 • EIN 04-3838455
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
68th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 1.3% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Up$426,108
Up $55,632 (+15%) from 2019
Net Assets
Up$426,108
Up $55,632 (+15%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$56,826
Up $6,525 (+13%) from 2019
Expenses
Down$26,495
Down $1,338 (-4.8%) from 2019
Net Income
Up$30,331
Up $7,863 (+35%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Oct 4, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $113,648
Mission and Program Overview
Mission
To provide retiree health benefits to the employer's former employees and their spouses and dependents, although other benefits may be provided as described in the plan document.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | Trustee | - | $750 | - | $750 |
Governance and Compliance
Governance Explanations
Form 990, Page 6, Part VI, Line 11-description of Process for Review
“Tiaa, fsb as trustee is responsible for preparation of form 990 based on the information contained in our records. Upon completion, a copy of form 990 is forwarded to the plan sponsor for review and approval. Once approved, form 990 is then filed with the federal taxing authority by the regulatory deadline.”
Form 990, Page 6, Part VI, Line 19
“The organization makes its documents and policies available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Employer Contribution Veba Trust Lycoming
- EIN
- 04-3838455
- Phone
- 8775353910
- Address
- 8625 ANDREW CARNEGIE BLVD CORP TAX, CHARLOTTE, NC 28262
Signing Officer
- Name
- Brian T Corson
- Title
- Director
- Phone
- 8775353910
- Signed
- 2021-10-04
Supplemental Narrative
Additional Explanations
Part II, Line 23-27
“Update beginning and ending value for Cash, Savings, and Investments.”
Part I, Line 20
“Unrealized gain/loss on Investments.”
Part III, Organization'S Primary Exempt Purpose
“Organization's Primary Exempt Purpose.”
Form 990-EZ, Part I, Line 20
“Unrealized Gains/Losses on Investme 25301”
Raw XML Appendix98 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 8077 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TIAA FSB |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8775353910 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 8625 Andrew Carnegie Blvd |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Charlotte |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28262 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 370476 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 426108 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 56822 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 30331 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 18418 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 370476 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 426108 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 3843 |
| IRS990EZ/GrossReceiptsAmt | 0 | 113648 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 19431 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 370476 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 426108 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 370476 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 426108 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt | 0 | TIAA FSB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 750 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 25301 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 33552 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 60665 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 26495 |
| IRS990EZ/TotalRevenueAmt | 0 | 56826 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | www.lycoming.edu |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Update beginning and ending value for Cash, Savings, and Investments. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Unrealized gain/loss on Investments. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Organization's Primary Exempt Purpose. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TIAA, FSB AS TRUSTEE IS RESPONSIBLE FOR PREPARATION OF FORM 990 BASED ON THE INFORMATION CONTAINED IN OUR RECORDS. UPON COMPLETION, A COPY OF FORM 990 IS FORWARDED TO THE PLAN SPONSOR FOR REVIEW AND APPROVAL. ONCE APPROVED, FORM 990 IS THEN FILED WITH THE FEDERAL TAXING AUTHORITY BY THE REGULATORY DEADLINE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES ITS DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Unrealized Gains/Losses on Investme 25301 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part II, Line 23-27 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part III, Organization's Primary Exempt Purpose |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 20 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRIAN T CORSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8775353910 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | EMPLOYER CONTRIBUTION VEBA TRUST LYCOMING |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LYCO |
| ReturnHeader/Filer/EIN | 0 | 043838455 |
| ReturnHeader/Filer/PhoneNum | 0 | 8775353910 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8625 ANDREW CARNEGIE BLVD CORP TAX |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHARLOTTE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28262 |
| ReturnHeader/ReturnTs | 0 | 2021-10-29T15:00:15-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $426,108
- Liabilities
- $0
- Net assets
- $426,108
- Revenue
- $56,826
- Expenses
- $26,495
- Net income
- $30,331