Civic Intelligence

Village Northwest Unlimited

EIN 42-1387595 • 501(c)9 • Sheldon, IA

Profile

Voluntary employee benefits association

330 Village CircleSheldon, IA 51201

villagenorthwest.org

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.03x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

71st percentile

0.09x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2025

Net Margin

67th percentile

8.7%

Higher net margin than 67% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2025

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

32nd percentile

-0.2%

Faster revenue growth than 32% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$6,150,834

Up $774,955 (+14%) from 2023

Liabilities

Down

$105,981

Down $116,646 (-52%) from 2023

Net Assets

Up

$6,044,853

Up $891,601 (+17%) from 2023

Revenue

Up

$2,139,276

Up $483,932 (+29%) from 2023

Expenses

Down

$1,770,040

Down $156,566 (-8.1%) from 2023

Net Income

Up

$369,236

Up $640,498 (+236%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,182,599Liabilities 2011: $215,937Net Assets 2011: $1,966,6622011Assets 2012: $2,373,713Liabilities 2012: $231,434Net Assets 2012: $2,142,2792012Assets 2013: $2,857,483Liabilities 2013: $338,513Net Assets 2013: $2,518,9702013Assets 2014: $3,599,075Liabilities 2014: $189,026Net Assets 2014: $3,410,0492014Assets 2015: $4,053,445Liabilities 2015: $240,434Net Assets 2015: $3,813,0112015Assets 2016: $4,230,091Liabilities 2016: $176,763Net Assets 2016: $4,053,3282016Assets 2017: $4,508,880Liabilities 2017: $105,807Net Assets 2017: $4,403,0732017Assets 2018: $4,907,028Liabilities 2018: $200,000Net Assets 2018: $4,707,0282018Assets 2019: $4,962,115Liabilities 2019: $200,000Net Assets 2019: $4,762,1152019Assets 2020: $4,957,450Liabilities 2020: $338,972Net Assets 2020: $4,618,4782020Assets 2021: $5,569,260Liabilities 2021: $144,536Net Assets 2021: $5,424,7242021Assets 2022: $5,198,088Liabilities 2022: $152,171Net Assets 2022: $5,045,9172022Assets 2023: $5,375,879Liabilities 2023: $222,627Net Assets 2023: $5,153,2522023Assets 2024: $6,150,834Liabilities 2024: $105,981Net Assets 2024: $6,044,8532024

Highlighted filing

2024

Assets$6,150,834
Liabilities$105,981
Net Assets$6,044,853

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,742,420Expenses 2011: $2,371,327Net Income 2011: $371,0932011Revenue 2012: $2,659,457Expenses 2012: $2,477,449Net Income 2012: $182,0082012Revenue 2013: $2,639,479Expenses 2013: $2,163,542Net Income 2013: $475,9372013Revenue 2014: $2,806,793Expenses 2014: $2,167,234Net Income 2014: $639,5592014Revenue 2015: $2,426,286Expenses 2015: $2,026,103Net Income 2015: $400,1832015Revenue 2016: $2,225,148Expenses 2016: $1,893,632Net Income 2016: $331,5162016Revenue 2017: $2,126,202Expenses 2017: $1,791,221Net Income 2017: $334,9812017Revenue 2018: $2,182,623Expenses 2018: $1,950,117Net Income 2018: $232,5062018Revenue 2019: $2,228,852Expenses 2019: $2,178,111Net Income 2019: $50,7412019Revenue 2020: $1,888,434Expenses 2020: $2,045,534Net Income 2020: -$157,1002020Revenue 2021: $1,812,202Expenses 2021: $1,723,379Net Income 2021: $88,8232021Revenue 2022: $1,648,109Expenses 2022: $1,532,526Net Income 2022: $115,5832022Revenue 2023: $1,655,344Expenses 2023: $1,926,606Net Income 2023: -$271,2622023Revenue 2024: $2,139,276Expenses 2024: $1,770,040Net Income 2024: $369,2362024

Highlighted filing

2024

Revenue$2,139,276
Expenses$1,770,040
Net Income$369,236

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.15$0.11$6.04$2.14$1.77$0.37
2023Detailed filing. Detailed filing data is available for this year.$5.38$0.22$5.15$1.66$1.93$0.27
2022Detailed filing. Detailed filing data is available for this year.$5.20$0.15$5.05$1.65$1.53$0.12
2021Detailed filing. Detailed filing data is available for this year.$5.57$0.14$5.42$1.81$1.72$0.09
2020Detailed filing. Detailed filing data is available for this year.$4.96$0.34$4.62$1.89$2.05$0.16
2019Summary only. Only limited summary data is available for this year.$4.96$0.20$4.76$2.23$2.18$0.05
2018Summary only. Only limited summary data is available for this year.$4.91$0.20$4.71$2.18$1.95$0.23
2017Summary only. Only limited summary data is available for this year.$4.51$0.11$4.40$2.13$1.79$0.33
2016Summary only. Only limited summary data is available for this year.$4.23$0.18$4.05$2.23$1.89$0.33
2015Summary only. Only limited summary data is available for this year.$4.05$0.24$3.81$2.43$2.03$0.40
2014Summary only. Only limited summary data is available for this year.$3.60$0.19$3.41$2.81$2.17$0.64
2013Summary only. Only limited summary data is available for this year.$2.86$0.34$2.52$2.64$2.16$0.48
2012Summary only. Only limited summary data is available for this year.$2.37$0.23$2.14$2.66$2.48$0.18
2011Summary only. Only limited summary data is available for this year.$2.18$0.22$1.97$2.74$2.37$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 3, 2025
Return Version
2023v6.0
Gross Receipts
$2,139,276
Mission and Program Overview

Mission

Voluntary employee benefits association

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,440,509$3,810,691▲ $370,182
Savings and Temporary Cash Investments$1,610,555$1,526,404▼ $84,151
Cash and Non-Interest-Bearing Accounts$279,450$771,642▲ $492,192
Accounts Receivable$27,960$23,953▼ $4,007
Total Assets$5,375,879$6,150,834▲ $774,955
Other Assets Total$17,405$18,144▲ $739
Liabilities
Accounts Payable and Accrued Expenses$222,627$105,981▼ $116,646
Total Liabilities$222,627$105,981▼ $116,646
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,153,252$6,044,853▲ $891,601
Total Net Assets Fund Balance$5,153,252$6,044,853▲ $891,601
Total Liabilities and Net Assets / Fund Balance$5,375,879$6,150,834▲ $774,955
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barry WhitsellTrustee
Bob HoogeveenTrustee
Brian RobynTrustee
Dennis Ten ClayTrustee
Justin JonasTrustee
Tom FuossTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,024,154
Investment Income
$115,122
Other Revenue
$0
Change in Net Assets
$369,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,139,276
Total Revenue per Audited Statements
$2,139,276
Total Revenue per Form 990
$2,139,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,770,040
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
Other Expenses---$22,394
Total Functional Expenses$0$0$0$1,770,040

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,770,040
Total Expenses per Audited Statements$1,770,040
Total Expenses per Form 990$1,770,040
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
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 8B

Meetings were susequently documented through minutes

Form 990, Page 6, Part VI, Line 11B

A copy of the form is provided to the organization who takes responsibility for mailing the form upon approval

Form 990, Page 6, Part VI, Line 19

The company makes these documents available to the public upon request during normal business hours

Filing and Contact Details

Filer

Filer Name
Village Northwest Unlimited
EIN
42-1387595
Phone
7123244873
Address
330 VILLAGE CIRCLE, SHELDON, IA 51201

Signing Officer

Name
Barry Whitsell
Title
Trustee
Phone
7123244873
Signed
2025-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Whitsell
Formed
1990
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
K F Murphy Co Pc
Address
PO BOX 219, SHELDON, IA 51201-0219
Preparer
Kenneth F Murphy
Phone
7123245005
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) for uncertain positions that are more likely than not would not be sustained upon examination by the internal revenue service. Plan management has evaluated their material tax positions and determined there are not uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial satements. The plan is subject to routine audits by tax authorities; however, there are currently no audits for any tax period in progress. The plan administrator believes the plan is no longer subject to income tax examinations for years prior to 2021.

Raw XML Appendix311 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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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11000
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalAssetsBOYAmt05375879
IRS990/TotalAssetsEOYAmt06150834
IRS990/TotalAssetsGrp/BOYAmt05375879
IRS990/TotalAssetsGrp/EOYAmt06150834
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01770040
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0222627
IRS990/TotalLiabilitiesEOYAmt0105981
IRS990/TotalLiabilitiesGrp/BOYAmt0222627
IRS990/TotalLiabilitiesGrp/EOYAmt0105981
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05153252
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06044853
IRS990/TotalProgramServiceExpensesAmt01770040
IRS990/TotalProgramServiceRevenueAmt02024154
IRS990/TotalRevenueGrp/ExclusionAmt0115122
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02024154
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02139276
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05375879
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY WHITSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07123244873
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VILLAGE NORTHWEST UNLIMITED
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EMPLOYEE BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0VILL
ReturnHeader/Filer/EIN0421387595
ReturnHeader/Filer/PhoneNum07123244873
ReturnHeader/Filer/USAddress/AddressLine1Txt0330 VILLAGE CIRCLE
ReturnHeader/Filer/USAddress/CityNm0SHELDON
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ReturnHeader/Filer/USAddress/ZIPCd051201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421393615
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0K F MURPHY CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHELDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0512010219
ReturnHeader/PreparerPersonGrp/PhoneNum07123245005
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH F MURPHY
ReturnHeader/ReturnTs02025-03-20T15:39:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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