Civic Intelligence

Washoe County School District Opeb Trust

EIN 26-2800962 • 501(c)9 • Reno, NV

Profile

The washoe county school district opeb trust was established to provide a tax-exempt funding vehicle for welfare benefits provided to retirees of washoe county school district, including health insurance coverage, contributions to the nevada public employees benefits program for retirees, life insurance coverage, dental benefit coverage, and vision benefit coverage. Washoe county school district will make contributions to the trust fund for these benefits, and the trust fund will make payments for these benefits for the eligible retirees of the district. The trust fund assets also may be used to pay for the administrative expenses of maintaining the trust fund.

425 E Ninth StReno, NV 89520-3425

www.washoeschools.net/PAGE/4331

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2022

Net Margin

88th percentile

32%

Higher net margin than 88% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

62nd percentile

$209,120

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

$50M-$100M nonprofits • Source year 2022

Asset Growth

55th percentile

8.0%

Faster asset growth than 55% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2019 to 2022

Revenue Growth

34th percentile

2.7%

Faster revenue growth than 34% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2019 to 2022

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$92,235,856

Up $9,644,951 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$92,235,856

Up $9,644,951 (+12%) from 2023

Operations
Liabilities / Revenue23rd percentileNet Margin88th percentile

Revenue

Up

$20,652,167

Up $11,361,922 (+122%) from 2023

Expenses

Up

$12,514,300

Up $5,548,227 (+80%) from 2023

Net Income

Up

$8,137,867

Up $5,813,695 (+250%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2011: $30,206,657Liabilities 2011: $0Net Assets 2011: $30,206,6572011Assets 2012: $38,055,542Liabilities 2012: $0Net Assets 2012: $38,055,5422012Assets 2013: $49,979,247Liabilities 2013: $0Net Assets 2013: $49,979,2472013Assets 2014: $66,173,324Liabilities 2014: $0Net Assets 2014: $66,173,3242014Assets 2015: $68,385,572Liabilities 2015: $0Net Assets 2015: $68,385,5722015Assets 2017: $62,393,651Liabilities 2017: $0Net Assets 2017: $62,393,6512017Assets 2018: $24,006,001Liabilities 2018: $0Net Assets 2018: $24,006,0012018Assets 2019: $59,974,157Liabilities 2019: $746,972Net Assets 2019: $59,227,1852019Assets 2020: $65,064,690Liabilities 2020: $1,048,676Net Assets 2020: $64,016,0142020Assets 2021: $82,211,045Liabilities 2021: $0Net Assets 2021: $82,211,0452021Assets 2022: $75,628,992Liabilities 2022: $10,768Net Assets 2022: $75,618,2242022Assets 2023: $82,590,905Liabilities 2023: $0Net Assets 2023: $82,590,9052023Assets 2024: $92,235,856Liabilities 2024: $0Net Assets 2024: $92,235,8562024

Highlighted filing

2024

Assets$92,235,856
Liabilities$0
Net Assets$92,235,856
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $6,042,8892011Expenses 2012: $4,648,1872012Expenses 2013: $4,394,6842013Revenue 2014: $13,560,135Expenses 2014: $3,971,236Net Income 2014: $9,588,8992014Revenue 2015: $6,434,620Expenses 2015: $3,615,926Net Income 2015: $2,818,6942015Revenue 2017: $1,623,696Expenses 2017: $9,436,080Net Income 2017: -$7,812,3842017Revenue 2018: $15,278,856Expenses 2018: $21,728,851Net Income 2018: -$6,449,9952018Revenue 2019: $9,747,595Expenses 2019: $11,883,109Net Income 2019: -$2,135,5142019Revenue 2020: $11,585,629Expenses 2020: $7,564,155Net Income 2020: $4,021,4742020Revenue 2021: $11,363,648Expenses 2021: $7,436,247Net Income 2021: $3,927,4012021Revenue 2022: $10,557,821Expenses 2022: $7,151,998Net Income 2022: $3,405,8232022Revenue 2023: $9,290,245Expenses 2023: $6,966,073Net Income 2023: $2,324,1722023Revenue 2024: $20,652,167Expenses 2024: $12,514,300Net Income 2024: $8,137,8672024

Highlighted filing

2024

Revenue$20,652,167
Expenses$12,514,300
Net Income$8,137,867
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$92,235,856
Liabilities
$0
Net assets
$92,235,856
Revenue
$20,652,167
Expenses
$12,514,300
Net income
$8,137,867
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.2$0.00$92.2$20.7$12.5$8.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.6$0.00$82.6$9.29$6.97$2.32
2022Detailed filing. Detailed filing data is available for this year.$75.6$0.01$75.6$10.6$7.15$3.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.2$0.00$82.2$11.4$7.44$3.93
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.1$1.05$64.0$11.6$7.56$4.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.0$0.75$59.2$9.75$11.9$2.14
2018Detailed filing. Detailed filing data is available for this year.$24.0$0.00$24.0$15.3$21.7$6.45
2017Detailed filing. Detailed filing data is available for this year.$62.4$0.00$62.4$1.62$9.44$7.81
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.4$0.00$68.4$6.43$3.62$2.82
2014Detailed filing. Detailed filing data is available for this year.$66.2$0.00$66.2$13.6$3.97$9.59
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.0$0.00$50.0$4.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.1$0.00$38.1$4.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$0.00$30.2$6.04
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 8, 2023
Return Version
2021v4.2
Gross Receipts
$10,557,821
Mission and Program Overview

Mission

The washoe county school district opeb trust was established to provide a tax-exempt funding vehicle for welfare benefits provided to retirees of washoe county school district, including health insurance coverage, contributions to the nevada public employees benefits program for retirees, life insurance coverage, dental benefit coverage, and vision benefit coverage. Washoe county school district will make contributions to the trust fund for these benefits, and the trust fund will make payments for these benefits for the eligible retirees of the district. The trust fund assets also may be used to pay for the administrative expenses of maintaining the trust fund.

Provide Health and Welfare benefits to retirees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$82,211,045$75,618,224▼ $6,592,821
Investments Other Securities$80,036,587$72,302,601▼ $7,733,986
Savings and Temporary Cash Investments$34,439$3,302,718▲ $3,268,279
Accounts Receivable$2,140,019$23,673▼ $2,116,346
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$82,211,045$75,628,992▼ $6,582,053
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$10,768▲ $10,768
Other Liabilities$0$0→ $0
Total Liabilities$0$10,768▲ $10,768
Net Assets / Fund Balance
Total Net Assets Fund Balance$82,211,045$75,618,224▼ $6,592,821
Total Liabilities and Net Assets / Fund Balance$82,211,045$75,628,992▼ $6,582,053

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$72,302,601--
Compensation and Service Providers
Top Officer Pay62nd percentile

Board Members and Trustees

NameTitle
-Vice Chair
-Trustee
-CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,040,451
Investment Income
$2,517,370
Other Revenue
$0
Change in Net Assets
$3,405,823

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,557,821
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-9,998,643
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$559,178
Total Revenue per Form 990
$10,557,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,535
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$7,118,463
Fees for Services Accounting---$33,535
Total Functional Expenses$0$0$0$7,151,998

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,151,998
Total Expenses per Audited Statements$7,151,998
Total Expenses per Form 990$7,151,998
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4 Significant changes to organizational documents

“The board approved to increase the number of OPEB trustees from three to five members, and to change the duration of the appointment from two to four years.”

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

“There are no committees with authority to act on behalf of the board.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“Washoe county school district staff gather the required tax information necessary to complete the return. An accounting firm prepares the initial draft. Washoe county school district staff review the return and recommended changes are reflected in the final return. Then, the final return is sent to the trustees before it is filed with the irs.”

Form 990, Part VI, Line 12C Conflict of interest policy

“The trustees of the Washoe County School District OPEB Trust abide by the Washoe County School District's conflict of interest policy as set by Nevada State Law. The policy is reviewed and monitored by all trustees as part of the regular meeting agenda for the board.”

Form 990, Part VI, Line 19 Required documents available to the public

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Washoe County School District OPEB Trust
EIN
26-2800962
Phone
7753480314
Address
425 E Ninth St, Reno, NV 89520-3425

Signing Officer

Name
Mark Mathers
Title
Chairman
Signed
2023-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Nv
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Crowe Llp
Address
575 Market Street Suite 3300, San Francisco, CA 94105-5829
Preparer
Diane Kirmaci
Phone
4155761100
Raw XML Appendix371 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010768
IRS990/AccountsReceivableGrp/BOYAmt02140019
IRS990/AccountsReceivableGrp/EOYAmt023673
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide Health and Welfare benefits to retirees.
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/TotalAmt07118463
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Mark Mathers
IRS990/BooksInCareOfDetail/PhoneNum07753480314
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0425 E Ninth Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Reno
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0895203425
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt07118463
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02517370
IRS990/CYOtherExpensesAmt033535
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt08040451
IRS990/CYRevenuesLessExpensesAmt03405823
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt07151998
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010557821
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt033535
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1Mark Mathers
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2Danny Kitts
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Jeffrey Kirst
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4Mary Lamonte
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt157115
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1152005
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt01205828
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01205828
IRS990/GrossReceiptsAmt010557821
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01311542
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt01311542
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt080036587
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt072302601
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NV
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0THE WASHOE COUNTY SCHOOL DISTRICT OPEB TRUST WAS ESTABLISHED TO PROVIDE A TAX-EXEMPT FUNDING VEHICLE FOR HEALTH BENEFITS PROVIDED TO RETIREES OF WASHOE COUNTY SCHOOL DISTRICT, INCLUDING HEALTH INSURANCE COVERAGE, CONTRIBUTIONS TO THE NEVADA PUBIC EMPLOYEES BENEFITS PROGRAM FOR RETIREES, LIFE INSURANCE COVERAGE, DENTAL BENEFIT COVERAGE, AND VISION BENEFIT COVERAGE. WASHOE COUNTY SCHOOL DISTRICT WILL MAKE CONTRIBUTIONS TO THE TRUST FUND FOR THESE BENEFITS, AND THE TRUST FUND WILL MAKE PAYMENTS FOR THESE BENEFITS FOR THE ELIGIBLE RETIREES OF THE DISTRICT. THE TRUST FUND ASSETS ALSO MAY BE USED TO PAY FOR THE ADMINISTRATIVE EXPENSES OF MAINTAINING THE TRUST FUND.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt082211045
IRS990/NetAssetsOrFundBalancesEOYAmt075618224
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01205828
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt01205828
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-9998644
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Mark Mathers
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Retiree Contributions
IRS990/ProgramServiceRevenueGrp/Desc1Employer Contributions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06078559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11961892
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06078559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11961892
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt07417792
IRS990/PYContributionsGrantsAmt00
IRS990/PYInvestmentIncomeAmt02804164
IRS990/PYOtherExpensesAmt018455
IRS990/PYProgramServiceRevenueAmt08559484
IRS990/PYRevenuesLessExpensesAmt03927401
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt07436247
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011363648
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt03405823
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleD/TotalRevenuePerForm990Amt010557821
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0Mark Mathers
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board approved to increase the number of OPEB trustees from three to five members, and to change the duration of the appointment from two to four years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no committees with authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WASHOE COUNTY SCHOOL DISTRICT STAFF GATHER THE REQUIRED TAX INFORMATION NECESSARY TO COMPLETE THE RETURN. AN ACCOUNTING FIRM PREPARES THE INITIAL DRAFT. WASHOE COUNTY SCHOOL DISTRICT STAFF REVIEW THE RETURN AND RECOMMENDED CHANGES ARE REFLECTED IN THE FINAL RETURN. THEN, THE FINAL RETURN IS SENT TO THE TRUSTEES BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The trustees of the Washoe County School District OPEB Trust abide by the Washoe County School District's conflict of interest policy as set by Nevada State Law. The policy is reviewed and monitored by all trustees as part of the regular meeting agenda for the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 4 Significant changes to organizational documents
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0886000919
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School District
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0425 E Ninth St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Reno
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IRS990/TotalGrossUBIAmt02517370
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IRS990/TotalLiabilitiesEOYAmt010768
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt010768
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt075618224
IRS990/TotalOtherCompensationAmt057115
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08040451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010557821
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02517370
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt082211045
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt075628992
IRS990/TotReportableCompRltdOrgAmt0152005
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0425 E Ninth St
IRS990/USAddress/CityNm0Reno
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd0895203425
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0https://www.washoeschools.net/Page/5769
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark Mathers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Washoe County School District OPEB Trust
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0262800962
ReturnHeader/Filer/PhoneNum07753480314
ReturnHeader/Filer/USAddress/AddressLine1Txt0425 E Ninth St
ReturnHeader/Filer/USAddress/CityNm0Reno
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd0895203425
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0350921680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CROWE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0575 Market Street Suite 3300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Francisco
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0941055829
ReturnHeader/PreparerPersonGrp/PhoneNum04155761100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Diane Kirmaci
ReturnHeader/ReturnTs02023-05-08T23:30:18+00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Mark
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mathers
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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