Employee After-Tax Contribution Veba Trust for University Of

990EZ • Fiscal year 2020 • EIN 04-7026331

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 04, 2021

Organization Profile www.uindy.edu

8625 Andrew Carnegie Blvd Corp TaxCharlotte, NC 28262

(877) 535-3910

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)9 • <$500k nonprofits • Source year 2020

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)9 • <$500k nonprofits • Source year 2020

1.5%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)9 • <$500k nonprofits • Source year 2020

$750

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2020 filings • 501(c)9 • <$500k nonprofits • Source year 2020

7.5%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)9 • <$500k nonprofits • Annualized from 2019 to 2020

-69%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)9 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets65th percentile

Assets

$219,971

Up $15,318 (+7.5%) from 2019

Net Assets

$219,971

Up $15,318 (+7.5%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue68th percentile Net Margin51st percentile

Revenue

Down

$26,458

Down $58,687 (-69%) from 2019

Expenses

$26,055

Up $6,535 (+33%) from 2019

Net Income

Down

$403

Down $65,222 (-99%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$219,971

Liabilities$0

Net Assets$219,971

Open 2020 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$26,458

Expenses$26,055

Net Income$403

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Oct 4, 2021
Return Version: 2020v4.1
Gross Receipts: $61,284

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

Top Officer Pay80th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
-	Trustee	-	$750	-	$750

Filing and Contact Details

Filer

Filer Name: Employee Contribution Veba Trust University
EIN: 04-7026331
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 on investments 14915”

Raw XML Appendix94 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	25371
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	204653
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	219971
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	34826
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	403
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	684
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	204653
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	219971
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	398
IRS990EZ/GrossReceiptsAmt	0	61284
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	10500
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	204653
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	219971
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	204653
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	219971
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	14915
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	15560
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SaleOfAssetsGrossAmt	0	35224
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	26055
IRS990EZ/TotalRevenueAmt	0	26458
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/WebsiteAddressTxt	0	www.uindy.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	UNREALIZED GAINS ON INVESTMENTS 14915
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-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	EMPLOYEE CONTRIBUTION VEBA TRUST UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt	0	INDI
ReturnHeader/Filer/EIN	0	047026331
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	2021-10-29T15:00:16-05:00
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.

Open filing

Assets: $219,971
Liabilities: $0
Net assets: $219,971
Revenue: $26,458
Expenses: $26,055
Net income: $403

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.41	$0.00	$2.41	$0.56	$0.17	$0.39
2023Detailed filing. Detailed filing data is available for this year.	$2.20	$0.00	$2.20	$0.21	$0.17	$0.04
2022Detailed filing. Detailed filing data is available for this year.	$1.93	$0.00	$1.93	$0.29	$0.21	$0.07
2021Detailed filing. Detailed filing data is available for this year.	$2.31	$0.00	$2.31	$0.39	$0.27	$0.12
2020Detailed filing. Detailed filing data is available for this year.	$2.20	$0.00	$2.20	$0.26	$0.26	$0.00
2019Detailed filing. Detailed filing data is available for this year.	$2.05	$0.00	$2.05	$0.85	$0.20	$0.66
2018Detailed filing. Detailed filing data is available for this year.	$1.20	$0.00	$1.20	$0.28	$0.29	$0.02
2017Detailed filing. Detailed filing data is available for this year.	$1.39	$0.00	$1.39	$0.25	$0.26	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$1.29	$0.00	$1.29	$0.24	$0.31	$0.06
2015Detailed filing. Detailed filing data is available for this year.	$1.33	$0.00	$1.33	$0.29	$0.35	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$1.48	$0.00	$1.48	$0.32	$0.20	$0.11
2013Detailed filing. Detailed filing data is available for this year.	$1.40	$0.00	$1.40	$0.35	$0.10	$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.05	$0.00	$1.05	$0.31	$0.16	$0.15
2011Summary only. Only limited summary data is available for this year.	$0.83	$0.00		$0.34	$0.09	$0.24