Civic Intelligence

Lake Ridge School Corporation Veba Trust

EIN 45-4607226 • 501(c)9 • Gary, IN

Profile

Voluntary employees beneficiary association. The trust was formed for the sole purpose of funding retiree health care benefits to eligible plan participants.

6111 West Ridge RoadGary, IN 46408-1749

www.lakeridge.k12.in.us

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

38th percentile

-64%

Higher net margin than 38% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2023

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)9 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

-14%

Faster asset growth than 62% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

-0.7%

Faster revenue growth than 68% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$153,708

Down $25,075 (-14%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$153,708

Down $25,075 (-14%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin38th percentile

Revenue

Down

$39,411

Down $284 (-0.7%) from 2022

Expenses

Up

$64,486

Up $4,117 (+6.8%) from 2022

Net Income

Down

-$25,075

Down $4,401 (-21%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth62nd percentile

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

$200K$150K$100K$50K$0Assets 2013: $90,169Liabilities 2013: $0Net Assets 2013: $90,1692013Assets 2014: $117,657Liabilities 2014: $0Net Assets 2014: $117,6572014Assets 2015: $116,547Liabilities 2015: $0Net Assets 2015: $116,5472015Assets 2016: $149,408Liabilities 2016: $0Net Assets 2016: $149,4082016Assets 2017: $172,027Liabilities 2017: $0Net Assets 2017: $172,0272017Assets 2018: $184,509Liabilities 2018: $0Net Assets 2018: $184,5092018Assets 2019: $188,849Liabilities 2019: $0Net Assets 2019: $188,8492019Assets 2020: $177,122Liabilities 2020: $0Net Assets 2020: $177,1222020Assets 2021: $199,457Net Assets 2021: $199,4572021Assets 2022: $178,783Net Assets 2022: $178,7832022Assets 2023: $153,708Net Assets 2023: $153,7082023

Highlighted filing

2023

Assets$153,708
Liabilities-
Net Assets$153,708
Open 2023 Filing

Operations Trend

Revenue Growth68th percentile

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

$150K$100K$50K$0-$50KRevenue 2013: $126,858Expenses 2013: $63,495Net Income 2013: $63,3632013Revenue 2014: $85,529Expenses 2014: $58,041Net Income 2014: $27,4882014Revenue 2015: $50,821Expenses 2015: $51,931Net Income 2015: -$1,1102015Revenue 2016: $74,936Expenses 2016: $42,075Net Income 2016: $32,8612016Revenue 2017: $74,776Expenses 2017: $52,157Net Income 2017: $22,6192017Revenue 2018: $69,326Expenses 2018: $56,844Net Income 2018: $12,4822018Revenue 2019: $64,857Expenses 2019: $60,517Net Income 2019: $4,3402019Revenue 2020: $51,736Expenses 2020: $63,463Net Income 2020: -$11,7272020Revenue 2021: $46,890Expenses 2021: $24,555Net Income 2021: $22,3352021Revenue 2022: $39,695Expenses 2022: $60,369Net Income 2022: -$20,6742022Revenue 2023: $39,411Expenses 2023: $64,486Net Income 2023: -$25,0752023

Highlighted filing

2023

Revenue$39,411
Expenses$64,486
Net Income-$25,075
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,708
Liabilities
-
Net assets
$153,708
Revenue
$39,411
Expenses
$64,486
Net income
-$25,075
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.54$1.54$0.39$0.64$0.25
2022Detailed filing. Detailed filing data is available for this year.$1.79$1.79$0.40$0.60$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.99$1.99$0.47$0.25$0.22
2020Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.52$0.63$0.12
2019Summary only. Only limited summary data is available for this year.$1.89$0.00$1.89$0.65$0.61$0.04
2018Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$0.69$0.57$0.12
2017Summary only. Only limited summary data is available for this year.$1.72$0.00$1.72$0.75$0.52$0.23
2016Summary only. Only limited summary data is available for this year.$1.49$0.00$1.49$0.75$0.42$0.33
2015Summary only. Only limited summary data is available for this year.$1.17$0.00$1.17$0.51$0.52$0.01
2014Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$0.86$0.58$0.27
2013Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$1.27$0.63$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 15, 2024
Return Version
2023v6.0
Gross Receipts
$39,411
Mission and Program Overview

Mission

Voluntary nbsp;employees nbsp;beneficiary nbsp;association nbsp;the nbsp;trust nbsp;was nbsp;formed nbsp;for nbsp;the nbsp;sole nbsp;purpose nbsp;of nbsp;funding nbsp;retiree nbsp;health nbsp;care nbsp;benefits nbsp;to nbsp;eligible nbsp;plan nbsp;participants

Voluntary employees beneficiary association. The trust was formed for the sole purpose of funding retiree health care benefits to eligible plan participants.

Program Services

DescriptionGrantsExpenses
TOTAL EXPENSE IS COMPRISED OF HEALTH CARE BENEFITS PAID TO ELIGIBLE PARTICIPANTS. TOTAL REVENUE REPRESENTS THE ORGANIZATION S PROGRAM-RELATED CONTRIBUTIONS TO THE VEBA TRUST FOR THE PURPOSE OF FUNDING RETIREE HEALTH CARE BENEFITS TO ELIGIBLE PARTICIPANTS.-$64,486
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINA AKERSTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Lake Ridge School Corporation Veba Trust
EIN
45-4607226
Phone
2198381819
Address
6111 WEST RIDGE ROAD, GARY, IN 46408-1749

Signing Officer

Name
Christina Akers
Title
Treasurer
Phone
2198381819
Signed
2024-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Midamerica Admin & Ret Solutions
Address
3003 S FLORIDA, SUITE 200, LAKELAND, FL 33803
Preparer
David Schuler
Phone
8136676077
Raw XML Appendix80 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt064486
IRS990EZ/BooksInCareOfDetail/PersonNm0MIDAMERICA ADMIN AND RETIREMENT SOL
IRS990EZ/BooksInCareOfDetail/PhoneNum08636884500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02855 INTERSTATE DR STE 115
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKELAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033805
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0178783
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0153708
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-25075
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0178783
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0153708
IRS990EZ/GrossReceiptsAmt039411
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt01911
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0178783
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0153708
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0178783
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0153708
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTINA AKERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION. THE TRUST WAS FORMED FOR THE SOLE PURPOSE OF FUNDING RETIREE HEALTH CARE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS.
IRS990EZ/ProgramServiceRevenueAmt037500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TOTAL EXPENSE IS COMPRISED OF HEALTH CARE BENEFITS PAID TO ELIGIBLE PARTICIPANTS. TOTAL REVENUE REPRESENTS THE ORGANIZATION S PROGRAM-RELATED CONTRIBUTIONS TO THE VEBA TRUST FOR THE PURPOSE OF FUNDING RETIREE HEALTH CARE BENEFITS TO ELIGIBLE PARTICIPANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt064486
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt064486
IRS990EZ/TotalProgramServiceExpensesAmt064486
IRS990EZ/TotalRevenueAmt039411
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/WebsiteAddressTxt0www.lakeridge.k12.in.us
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINA AKERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02198381819
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE RIDGE SCHOOL CORPORATION VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0454607226
ReturnHeader/Filer/PhoneNum02198381819
ReturnHeader/Filer/USAddress/AddressLine1Txt06111 WEST RIDGE ROAD
ReturnHeader/Filer/USAddress/CityNm0GARY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0464081749
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593526224
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIDAMERICA ADMIN & RET SOLUTIONS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03003 S FLORIDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033803
ReturnHeader/PreparerPersonGrp/PhoneNum08136676077
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SCHULER
ReturnHeader/ReturnTs02025-11-11T20:10:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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