Civic Intelligence

Employee After-Tax Contribution Veba Trust for University Of

990EZ • Fiscal year 2022 • EIN 04-7026331

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 31, 2023

Organization Profilewww.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.

Liabilities / Assets

64th percentile

0.00x

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

2022 filings • 501(c)9 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.00x

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

2022 filings • 501(c)9 • <$500k nonprofits • Source year 2022

Net Margin

79th percentile

25%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)9 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$750

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2022 filings • 501(c)9 • <$500k nonprofits • Source year 2022

Asset Growth

34th percentile

-16%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)9 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-27%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)9 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$192,958

Down $37,906 (-16%) from 2021

Net Assets

Down

$192,958

Down $37,906 (-16%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin79th percentile

Revenue

Down

$28,502

Down $10,531 (-27%) from 2021

Expenses

Down

$21,298

Down $5,741 (-21%) from 2021

Net Income

Down

$7,204

Down $4,790 (-40%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$300K$200K$100K$0Assets 2011: $83,121Liabilities 2011: $02011Assets 2012: $105,388Liabilities 2012: $0Net Assets 2012: $105,3882012Assets 2013: $139,858Liabilities 2013: $0Net Assets 2013: $139,8582013Assets 2014: $148,178Liabilities 2014: $0Net Assets 2014: $148,1782014Assets 2015: $133,169Liabilities 2015: $0Net Assets 2015: $133,1692015Assets 2016: $128,582Liabilities 2016: $0Net Assets 2016: $128,5822016Assets 2017: $139,037Liabilities 2017: $0Net Assets 2017: $139,0372017Assets 2018: $120,331Liabilities 2018: $0Net Assets 2018: $120,3312018Assets 2019: $204,653Liabilities 2019: $0Net Assets 2019: $204,6532019Assets 2020: $219,971Liabilities 2020: $0Net Assets 2020: $219,9712020Assets 2021: $230,864Liabilities 2021: $0Net Assets 2021: $230,8642021Assets 2022: $192,958Liabilities 2022: $0Net Assets 2022: $192,9582022Assets 2023: $219,562Liabilities 2023: $0Net Assets 2023: $219,5622023Assets 2024: $240,591Liabilities 2024: $0Net Assets 2024: $240,5912024

Highlighted filing

2022

Assets$192,958
Liabilities$0
Net Assets$192,958
Open 2022 Filing

Operations Trend

Revenue Growth30th percentile

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

$100K$50K$0-$50KRevenue 2011: $33,822Expenses 2011: $9,448Net Income 2011: $24,3742011Revenue 2012: $31,137Expenses 2012: $16,298Net Income 2012: $14,8392012Revenue 2013: $34,734Expenses 2013: $10,219Net Income 2013: $24,5152013Revenue 2014: $31,821Expenses 2014: $20,378Net Income 2014: $11,4432014Revenue 2015: $29,173Expenses 2015: $35,053Net Income 2015: -$5,8802015Revenue 2016: $24,333Expenses 2016: $30,585Net Income 2016: -$6,2522016Revenue 2017: $24,943Expenses 2017: $25,966Net Income 2017: -$1,0232017Revenue 2018: $27,610Expenses 2018: $29,163Net Income 2018: -$1,5532018Revenue 2019: $85,145Expenses 2019: $19,520Net Income 2019: $65,6252019Revenue 2020: $26,458Expenses 2020: $26,055Net Income 2020: $4032020Revenue 2021: $39,033Expenses 2021: $27,039Net Income 2021: $11,9942021Revenue 2022: $28,502Expenses 2022: $21,298Net Income 2022: $7,2042022Revenue 2023: $21,386Expenses 2023: $17,082Net Income 2023: $4,3042023Revenue 2024: $56,300Expenses 2024: $17,107Net Income 2024: $39,1932024

Highlighted filing

2022

Revenue$28,502
Expenses$21,298
Net Income$7,204
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$125,700
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

DescriptionGrantsExpenses
HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-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
2023-10-31
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

“ROUNDING 1”

Form 990-EZ, Part I, Line 20

“Unrealized gains on investments 45111”

Raw XML Appendix97 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt020627
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TIAA Trust NA
IRS990EZ/BooksInCareOfDetail/PhoneNum08775353910
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08625 Andrew Carnegie Blvd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Charlotte
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028262
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0230864
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0192958
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt097198
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07204
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0671
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0230864
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0192958
IRS990EZ/GainOrLossFromSaleOfAssetsAmt02189
IRS990EZ/GrossReceiptsAmt0125700
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt07036
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0230864
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0192958
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0230864
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0192958
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0TIAA TRUST NA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0750
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-45110
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO 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/ProgramServiceRevenueAmt019277
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt099387
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt021298
IRS990EZ/TotalRevenueAmt028502
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0www.uindy.edu
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Update beginning and ending value for Cash, Savings, and Investments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Unrealized gain/loss on Investments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization's Primary Exempt Purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNREALIZED GAINS ON INVESTMENTS 45111
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 23-27
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III, Organization's Primary Exempt Purpose
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN T CORSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08775353910
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMPLOYEE CONTRIBUTION VEBA TRUST UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0047026331
ReturnHeader/Filer/PhoneNum08775353910
ReturnHeader/Filer/USAddress/AddressLine1Txt08625 ANDREW CARNEGIE BLVD CORP TAX
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028262
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02023-11-03T13:00:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$192,958
Liabilities
$0
Net assets
$192,958
Revenue
$28,502
Expenses
$21,298
Net income
$7,204
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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