Liabilities / Assets
24th percentile
Tied with the lowest-debt nonprofits in its peer group.
Waverly C Workman Trust UW 1020001514
EIN 27-6370909 • 4947(a)1 • Champaign, IL
Profile
Trust established under the terms of the will of waverly c. Workman. According to the provisions in the will, the trustee will lease and manage the farm land real estate. The trustee shall distribute the net income annually from said farm land after necessary expenses and including a reasonable reserve fund for the next crop year, 1/3 each to the following non-profit organizations:1) illinois churches in action, 2)illinois great rivers annual conference of the united methodist church. Conference board of global ministries and 3)conference board of ordained ministry, which shall distribte said funds as scholarships or grants for illiois ministerial students to attend methodist/wesleyan seminaries.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
25th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.9% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Up$8,331,185
Up $732,593 (+9.6%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$8,331,185
Up $732,593 (+9.6%) from 2023
Revenue
Up$1,085,917
Up $754,498 (+228%) from 2023
Expenses
Down$352,826
Down $2,649 (-0.7%) from 2023
Net Income
Up$733,091
Up $757,147 (+3147%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $8,331,185
- Liabilities
- $0
- Net assets
- $8,331,185
- Revenue
- $1,085,917
- Expenses
- $352,826
- Net income
- $733,091
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 1, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $2,077,925
Mission and Program Overview
Mission
Trust established under the terms of the will of waverly c. Workman. According to the provisions in the will, the trustee will lease and manage the farm land real estate. The trustee shall distribute the net income annually from said farm land after necessary expenses and including a reasonable reserve fund for the next crop year, 1/3 each to the following non-profit organizations:1) illinois churches in action, 2)illinois great rivers annual conference of the united methodist church. Conference board of global ministries and 3)conference board of ordained ministry, which shall distribte said funds as scholarships or grants for illiois ministerial students to attend methodist/wesleyan seminaries.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $7,598,592 | $8,331,185 | ▲ $732,593 |
| Land, Buildings, and Equipment, Net | $7,398,317 | $6,697,467 | ▼ $700,850 |
| Investments in Publicly Traded Securities | - | $1,488,320 | - |
| Savings and Temporary Cash Investments | $200,275 | $145,398 | ▼ $54,877 |
| Total Assets | $7,598,592 | $8,331,185 | ▲ $732,593 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $7,598,592 | $8,331,185 | ▲ $732,593 |
| Total Liabilities and Net Assets / Fund Balance | $7,598,592 | $8,331,185 | ▲ $732,593 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $6,693,984 | - | - |
| Leasehold Improvements | $3,483 | $3,042 | - |
Compensation and Service Providers
Employees
| Name | Title | Base | Total |
|---|---|---|---|
| - | Trustee | $10,306 | $10,306 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $872,234
- Other Revenue
- $213,683
- Change in Net Assets
- $733,091
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $341,001 |
| Salaries, Compensation, and Employee Benefits | $10,306 |
| Other Expenses | $1,519 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $341,001 | - | - | $341,001 |
| Current Officers, Directors, Trustees, and Key Employees | - | $10,306 | - | $10,306 |
| Fees for Services Accounting | - | $960 | - | $960 |
| Depreciation Depletion | - | - | - | $434 |
| All Other Expenses | - | $125 | - | $125 |
| Total Functional Expenses | $341,001 | $11,391 | $0 | $352,826 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Il Great Rivers Global Ministries | Springfield, IL | - | Annual Conference to Make Disciples of Jesus Christ by Equipping Its Local Churches for Ministry | $113,667 |
| Il Great Rivers Ordained Ministries | Springfield, IL | - | Grants and Scholarships for Ministerial Student to Attend Seminaries | $113,667 |
| Illinois Churches in Action | Springfield, IL | - | Provides Education Out-reach to Youth, Churches, Schools and Community Groups for the Prevention of Problems Caused by Alcohol, Other Drugs and Gambling | $113,667 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- 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
- Yes
- Other officer compensation reviewed
- Yes
- 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, Page 6, Part VI, Line 11-description of Process for Review
“The form 990 for the charitable trust is prepared by designated employees of the corporate trustee; it is reviewed and signed by other officer(s) prior to filing.”
EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C
“Part vi, section b, lines 12a, 12b 12c busey trust company has abusey trust company has a written conflict of intest policy applicableto all situations where it acts as fiduciary. Busey trust companyregularly monitors and enforces compliance through employeeeducation and representation. Associates are required to provideinformation in connection with regulatory exams regarding anypotential conflicts of interest, including other business activitiesor the provision of services to the trust company individually or inits fiduciary capacity.”
FORM 990, PAGE 6, PART VI, LINE 15A
“The waverly c workman trust does not have compensated officers.the compensation for the trustee is set based upon a standard fee schedule used in assessing fees to all exempt organization clients, reported to the charitable beneficiaries, approved by its board of directors and comparable to industry fee schedules in the area”
FORM 990, PAGE 6, PART VI, LINE 15B
“The waverly c workman trust does not have compensated officers.the compensation for the trustee is set based upon a standard fee schedule used in assessing fees to all exempt organization clients, reported to the charitable beneficiaries, approved by its board of directors and comparable to industry fee schedules in the area”
Form 990, Page 6, Part VI, Line 19
“The governing document, the waverly c. Workman trust, and all related documents are located at the governing body's corporate office located at 201 w main st, urbana, il”
Form 990, Page 7, Part VII, Section A
“Busey bank trustee 2 hours”
Filing and Contact Details
Filer
- Filer Name
- Waverly C Workman Trust Uw 1020001514
- EIN
- 27-6370909
- Phone
- 2173654800
- Address
- PO BOX 260, CHAMPAIGN, IL 61824-0260
Signing Officer
- Name
- Busey Bank
- Title
- Trustee
- Phone
- 2173654800
- Signed
- 2025-05-01
Organization Details
- Principal Officer
- Shondra Lynch
- Formed
- 2010
- Legal Domicile
- Il
- Voting Board Members
- 0
- Independent Board Members
- 0
- Employees
- 0
Supplemental Narrative
Additional Explanations
Explanation for Form 990, Part XI, Line 9
“TRANSACTIONS POSTED AFTER PERIOD END (-$352.23); TRANSACTIONS POSTED FOR PRIOR PERIOD $547.06; ACCRUED INTERESTS POSTED IN CURRENT YEAR FOR NEXT PERIOD ($666.48); De Minimis Adjustment due to rounding ($26)”
Raw XML AppendixShowing 400 of 405 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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| IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt | 0 | 290564 |
| IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE ORGANIZATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY MEETING WITH THEM OCCASIONALLY DURING THE YEAR TO DISCUSS AMOUNT DISTRIBUTED AND HOW THE DISTRIBUTION IS BEING USED |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION D, 2 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt | 0 | 8372803 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt | 0 | 8428256 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt | 0 | 360388 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt | 0 | 212256 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt | 0 | 640388 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt | 0 | 125592 |
| IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt | 0 | 126424 |
| IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt | 0 | 7372027 |
| IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt | 0 | 8216000 |
| IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt | 0 | 8247211 |
| IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt | 0 | 8301832 |
| IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt | 0 | 288652 |
| IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt | 0 | 290564 |
| IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt | 0 | 8372803 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt | 0 | 8428256 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt | 0 | 288652 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt | 0 | 290564 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 3 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 3 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 237245354 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 1 | 370696739 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 2 | 370696739 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 1 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 2 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 1 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 2 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 2 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 113667 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 1 | 113667 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 2 | 113667 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | ILLINOIS CHURCHES IN ACTION |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 1 | IL GREAT RIVERS ANNUAL CONFERENCECONFERENCE BOARD OF G |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 2 | IL GREAT RIVERS ANNUAL CONFERENCEBOARD OF ORDAINED MIN |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType3NonFuncInd | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 341001 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 6693984 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 6693984 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 3483 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 3042 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 6525 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6697467 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 113667 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 113667 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 113667 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | PROVIDES EDUCATION OUT-REACH TO YOUTH, CHURCHES, SCHOOLS AND COMMUNITY GROUPS FOR THE PREVENTION OF PROBLEMS CAUSED BY ALCOHOL, OTHER DRUGS AND GAMBLING |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | ANNUAL CONFERENCE TO MAKE DISCIPLES OF JESUS CHRIST BY EQUIPPING ITS LOCAL CHURCHES FOR MINISTRY |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | GRANTS AND SCHOLARSHIPS FOR MINISTERIAL STUDENT TO ATTEND SEMINARIES |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | ILLINOIS CHURCHES IN ACTION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | IL GREAT RIVERS GLOBAL MINISTRIES |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | IL GREAT RIVERS ORDAINED MINISTRIES |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 237245354 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 370696739 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 370696739 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 1132 W JEFFERSON ST |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | PO BOX 19207 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | PO BOX 19207 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | SPRINGFIELD |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | SPRINGFIELD |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | SPRINGFIELD |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | IL |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | IL |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 627024867 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 627949207 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 627949207 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Busey Bank, as Trustee, confers with the beneficiary organizations to ensure that the funds distributed are used for the purposes outlined in the trust governing instrument. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FORM 990 FOR THE CHARITABLE TRUST IS PREPARED BY DESIGNATED EMPLOYEES OF THE CORPORATE TRUSTEE; IT IS REVIEWED AND SIGNED BY OTHER OFFICER(S) PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PART VI, SECTION B, LINES 12A, 12B 12C BUSEY TRUST COMPANY HAS ABUSEY TRUST COMPANY HAS A WRITTEN CONFLICT OF INTEST POLICY APPLICABLETO ALL SITUATIONS WHERE IT ACTS AS FIDUCIARY. BUSEY TRUST COMPANYREGULARLY MONITORS AND ENFORCES COMPLIANCE THROUGH EMPLOYEEEDUCATION AND REPRESENTATION. ASSOCIATES ARE REQUIRED TO PROVIDEINFORMATION IN CONNECTION WITH REGULATORY EXAMS REGARDING ANYPOTENTIAL CONFLICTS OF INTEREST, INCLUDING OTHER BUSINESS ACTIVITIESOR THE PROVISION OF SERVICES TO THE TRUST COMPANY INDIVIDUALLY OR INITS FIDUCIARY CAPACITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE WAVERLY C WORKMAN TRUST DOES NOT HAVE COMPENSATED OFFICERS.THE COMPENSATION FOR THE TRUSTEE IS SET BASED UPON A STANDARD FEE SCHEDULE USED IN ASSESSING FEES TO ALL EXEMPT ORGANIZATION CLIENTS, REPORTED TO THE CHARITABLE BENEFICIARIES, APPROVED BY ITS BOARD OF DIRECTORS AND COMPARABLE TO INDUSTRY FEE SCHEDULES IN THE AREA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE WAVERLY C WORKMAN TRUST DOES NOT HAVE COMPENSATED OFFICERS.THE COMPENSATION FOR THE TRUSTEE IS SET BASED UPON A STANDARD FEE SCHEDULE USED IN ASSESSING FEES TO ALL EXEMPT ORGANIZATION CLIENTS, REPORTED TO THE CHARITABLE BENEFICIARIES, APPROVED BY ITS BOARD OF DIRECTORS AND COMPARABLE TO INDUSTRY FEE SCHEDULES IN THE AREA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE GOVERNING DOCUMENT, THE WAVERLY C. WORKMAN TRUST, AND ALL RELATED DOCUMENTS ARE LOCATED AT THE GOVERNING BODY'S CORPORATE OFFICE LOCATED AT 201 W MAIN ST, URBANA, IL |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BUSEY BANK TRUSTEE 2 HOURS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TRANSACTIONS POSTED AFTER PERIOD END (-$352.23); TRANSACTIONS POSTED FOR PRIOR PERIOD $547.06; ACCRUED INTERESTS POSTED IN CURRENT YEAR FOR NEXT PERIOD ($666.48); De Minimis Adjustment due to rounding ($26) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 7, PART VII, SECTION A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | EXPLANATION FOR FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 7598592 |
| IRS990/TotalAssetsEOYAmt | 0 | 8331185 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 7598592 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 8331185 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 11391 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 341001 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 352826 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 7598592 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 8331185 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 341001 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 10306 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 35097 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1085917 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 7598592 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 8331185 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationTrustInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 201 W MAIN ST |
| IRS990/USAddress/CityNm | 0 | URBANA |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 61801 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 0 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BUSEY BANK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Trustee |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2173654800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WAVERLY C WORKMAN TRUST UW 1020001514 |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WORK |
| ReturnHeader/Filer/EIN | 0 | 276370909 |
| ReturnHeader/Filer/PhoneNum | 0 | 2173654800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 260 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHAMPAIGN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 618240260 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
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