Liabilities / Assets
67th percentile
Tied with the lowest-debt nonprofits in its peer group.
Employee Contribution Veba Trust Illinois
EIN 04-7026325 • 501(c)9 • Clinton, IA
Profile
Health benefits and insurance premiums paid to members
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
80th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 2.3% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Up$34,733
Up $4,073 (+13%) from 2022
Liabilities
Flat$0
Flat from 2022
Net Assets
Up$34,733
Up $4,073 (+13%) from 2022
Revenue
Up$32,200
Up $6,692 (+26%) from 2022
Expenses
Up$28,003
Up $1,268 (+4.7%) from 2022
Net Income
Up$4,197
Up $5,424 (+442%) from 2022
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $34,733
- Liabilities
- $0
- Net assets
- $34,733
- Revenue
- $32,200
- Expenses
- $28,003
- Net income
- $4,197
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $34.7 | $0.00 | $34.7 | $32.2 | $28.0 | $4.20 |
| 2022Detailed filing. Detailed filing data is available for this year. | $30.7 | $0.00 | $30.7 | $25.5 | $26.7 | $1.23 |
| 2021Detailed filing. Detailed filing data is available for this year. | $39.4 | $0.00 | $39.4 | $26.7 | $27.8 | $1.05 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Sep 15, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $93,541
Mission and Program Overview
Mission
Health benefits and insurance premiums paid to members
The trust has been established to provide active and former employees with health reimbursement benefits as set forth in the related plan and to provide payment for health expenses as permitted by section 501(c)(9) of the internal revenue code.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ALL EXPENSES INCURRED HAVE BEEN APPLIED IN ACCORDANCE WITH THE STATED MISSION FOR ACTIVE AND FORMER EMPLOYEES, AND TO DEFRAY THE COST OF ADMINISTERING THE PLAN. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TIAA TRUST NA | Trustee | - | $0 | $750 | $750 |
| ALTA TRUST | Trustee | - | $0 | - | - |
Governance and Compliance
Governance Explanations
Form 990, Part VII
“The contributing employer has appointed alta trust, a trust company organized under the laws of south dakota, as the successor trustee to the trust, concurrently with the removal of tiaa trust as trustee as of december 17, 2024. Simultaneously, onebridge benefits, inc. Was appointed as the successor recordkeeper.”
Filing and Contact Details
Filer
- Filer Name
- Illinois Wesleyan Univ Empl Veba Trust
- EIN
- 04-7026325
- Phone
- 7162456100
- Address
- PO BOX 4391, CLINTON, IA 52733-4391
Signing Officer
- Name
- Patricia Reimann
- Title
- Trustee Representative
- Phone
- 7162456100
- Signed
- 2025-09-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Onebridge Benefits Inc
- Address
- 170 FRANKLIN ST, BUFFALO, NY 14202-2412
- Phone
- 7162456100
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: investment income. Amount: 2,721.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: unrealized gain/loss on investment. Amount: -2,572.”
Form 990-ez, Part I, Amended Return Explanation
“The organization originally filed a timely form 990-n for the tax year ending december 31, 2024. After further review, it was determined that the trust does not qualify to file form 990-n, as its gross receipts exceeded the $50,000 threshold for the applicable tax year. Accordingly, this amended form 990 is being submitted to accurately report the organization's financial activity in compliance with irs filing requirements.”
Raw XML Appendix110 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 | 0 |
| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 27060 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ONEBRIDGE BENEFITS INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7162456100 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 170 FRANKLIN STREET SUITE 700 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BUFFALO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14202 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 33108 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 34733 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 61341 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4197 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 943 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 33108 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 34733 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 3695 |
| IRS990EZ/GrossReceiptsAmt | 0 | 93541 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2721 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NameChangeInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 33108 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 34733 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 33108 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 34733 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 750 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TIAA TRUST NA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ALTA TRUST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -2572 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE TRUST HAS BEEN ESTABLISHED TO PROVIDE ACTIVE AND FORMER EMPLOYEES WITH HEALTH REIMBURSEMENT BENEFITS AS SET FORTH IN THE RELATED PLAN AND TO PROVIDE PAYMENT FOR HEALTH EXPENSES AS PERMITTED BY SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 25784 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ALL EXPENSES INCURRED HAVE BEEN APPLIED IN ACCORDANCE WITH THE STATED MISSION FOR ACTIVE AND FORMER EMPLOYEES, AND TO DEFRAY THE COST OF ADMINISTERING THE PLAN. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 65036 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 28003 |
| IRS990EZ/TotalRevenueAmt | 0 | 32200 |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INVESTMENT INCOME. AMOUNT: 2,721. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: UNREALIZED GAIN/LOSS ON INVESTMENT. AMOUNT: -2,572. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CONTRIBUTING EMPLOYER HAS APPOINTED ALTA TRUST, A TRUST COMPANY ORGANIZED UNDER THE LAWS OF SOUTH DAKOTA, AS THE SUCCESSOR TRUSTEE TO THE TRUST, CONCURRENTLY WITH THE REMOVAL OF TIAA TRUST AS TRUSTEE AS OF DECEMBER 17, 2024. SIMULTANEOUSLY, ONEBRIDGE BENEFITS, INC. WAS APPOINTED AS THE SUCCESSOR RECORDKEEPER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION ORIGINALLY FILED A TIMELY FORM 990-N FOR THE TAX YEAR ENDING DECEMBER 31, 2024. AFTER FURTHER REVIEW, IT WAS DETERMINED THAT THE TRUST DOES NOT QUALIFY TO FILE FORM 990-N, AS ITS GROSS RECEIPTS EXCEEDED THE $50,000 THRESHOLD FOR THE APPLICABLE TAX YEAR. ACCORDINGLY, THIS AMENDED FORM 990 IS BEING SUBMITTED TO ACCURATELY REPORT THE ORGANIZATION'S FINANCIAL ACTIVITY IN COMPLIANCE WITH IRS FILING REQUIREMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VII |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, AMENDED RETURN EXPLANATION |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PATRICIA REIMANN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TRUSTEE REPRESENTATIVE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7162456100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-09-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ILLINOIS WESLEYAN UNIV EMPL VEBA TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ILLI |
| ReturnHeader/Filer/EIN | 0 | 047026325 |
| ReturnHeader/Filer/PhoneNum | 0 | 7162456100 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 4391 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CLINTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 527334391 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 873803779 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ONEBRIDGE BENEFITS INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 170 FRANKLIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BUFFALO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 142022412 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7162456100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-25 |
| ReturnHeader/ReturnTs | 0 | 2025-09-15T12:39:49-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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