Civic Intelligence

Widener University Inc Veba Health Savings Trust

EIN 27-3757204 • 501(c)9 • Charlotte, NC

Profile

To fund reimbursement of medical expenses under a health reimbursement arrangement.

8625 Andrew Carnegie BlvdCharlotte, NC 28262

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

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

NTEE Y • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

48th percentile

0.00x

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

NTEE Y • $1M-$5M nonprofits • Source year 2025

Net Margin

96th percentile

95%

Higher net margin than 96% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

60th percentile

$1,500

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

NTEE Y • $1M-$5M nonprofits • Source year 2025

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$4,751,020

Up $502,139 (+12%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$4,751,020

Up $502,139 (+12%) from 2024

Revenue

Down

$165,820

Down $43,120 (-21%) from 2024

Expenses

Up

$8,193

Up $8,193 from 2024

Net Income

Down

$157,627

Down $51,313 (-25%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2021: $3,113,537Liabilities 2021: $0Net Assets 2021: $3,113,5372021Assets 2022: $3,062,630Liabilities 2022: $0Net Assets 2022: $3,062,6302022Assets 2023: $3,671,595Liabilities 2023: $0Net Assets 2023: $3,671,5952023Assets 2024: $4,248,881Liabilities 2024: $0Net Assets 2024: $4,248,8812024Assets 2025: $4,751,020Liabilities 2025: $0Net Assets 2025: $4,751,0202025

Highlighted filing

2025

Assets$4,751,020
Liabilities$0
Net Assets$4,751,020

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $54,384Expenses 2021: $9,245Net Income 2021: $45,1392021Revenue 2022: -$41,581Expenses 2022: $9,326Net Income 2022: -$50,9072022Revenue 2023: $621,590Expenses 2023: $12,625Net Income 2023: $608,9652023Revenue 2024: $208,940Expenses 2024: $0Net Income 2024: $208,9402024Revenue 2025: $165,820Expenses 2025: $8,193Net Income 2025: $157,6272025

Highlighted filing

2025

Revenue$165,820
Expenses$8,193
Net Income$157,627

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$784,807
Mission and Program Overview

Mission

To fund reimbursement of medical expenses under a health reimbursement arrangement.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$4,248,881$4,751,020▲ $502,139
Investments in Publicly Traded Securities$4,243,820$4,450,662▲ $206,842
Savings and Temporary Cash Investments$5,061$300,358▲ $295,297
Total Assets$4,248,881$4,751,020▲ $502,139
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,248,881$4,751,020▲ $502,139
Total Liabilities and Net Assets / Fund Balance$4,248,881$4,751,020▲ $502,139
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$1,500$1,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$165,820
Other Revenue
$0
Change in Net Assets
$157,627
Expenses and Functional Allocation

Major Expense Lines

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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$8,193--$8,193
Total Functional Expenses$8,193$0$0$8,193
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Explanation for Form 990, Page 6, Part VI, Line 6

Plan participants are members who are entitled to distributions of assets from the trust to pay for qualified medical expenses in proportion to contributions made on their behalf. Members do not participate in the governance of the organization. Members may be entitled to a portion of the organizations net assets upon dissolution.

Form 990, Page 6, Part VI, Line 11-description of Process for Review

Tiaa trust, n.a. As trustee is responsible for preparation of form 990 based on the financial 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
Widener University Inc Veba Health
EIN
27-3757204
Phone
8775353910
Address
8625 ANDREW CARNEGIE BLVD, CHARLOTTE, NC 28262

Signing Officer

Name
Denise Bechard
Title
Vice President
Phone
8775353910
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Kiraly Gilbert
Formed
2009
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Deloitte Tax Llp
Address
1100 WALNUT STREET SUITE 3300, KANSAS CITY, MO 64106
Preparer
Brett Falkner
Phone
8164746180
Raw XML Appendix252 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.

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IRS990/EmployeeCnt00
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IRS990/FederalGrantAuditRequiredInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
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IRS990/FSAuditedInd0true
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IRS990/GainOrLossGrp/SecuritiesAmt031241
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0650228
IRS990/GrossReceiptsAmt0784807
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0134579
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0134579
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04243820
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04450662
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0618987
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04248881
IRS990/NetAssetsOrFundBalancesEOYAmt04751020
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt031241
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt031241
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0344512
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Linda Kiraly Gilbert
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt097794
IRS990/PYProgramServiceRevenueAmt0111146
IRS990/PYRevenuesLessExpensesAmt0208940
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt0208940
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0157627
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05061
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300358
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PLAN PARTICIPANTS ARE MEMBERS WHO ARE ENTITLED TO DISTRIBUTIONS OF ASSETS FROM THE TRUST TO PAY FOR QUALIFIED MEDICAL EXPENSES IN PROPORTION TO CONTRIBUTIONS MADE ON THEIR BEHALF. MEMBERS DO NOT PARTICIPATE IN THE GOVERNANCE OF THE ORGANIZATION. MEMBERS MAY BE ENTITLED TO A PORTION OF THE ORGANIZATIONS NET ASSETS UPON DISSOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TIAA TRUST, N.A. AS TRUSTEE IS RESPONSIBLE FOR PREPARATION OF FORM 990 BASED ON THE FINANCIAL 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.
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IRS990ScheduleR/AssetExchangeInd0false
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08775353910
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
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ReturnHeader/Filer/PhoneNum08775353910
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ReturnHeader/PreparerPersonGrp/PhoneNum08164746180
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRETT FALKNER
ReturnHeader/ReturnTs02025-11-13T17:01:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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