Civic Intelligence

Nettle Creek School Corporation Veba Trust

EIN 46-1371262 • 501(c)9 • Hagerstown, IN

Profile

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

297 East North Market StHagerstown, IN 47346

www.nettlecreekschools.com

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

17th percentile

-2350%

Higher net margin than 17% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

57th percentile

-26%

Faster asset growth than 57% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

50th percentile

-30%

Faster revenue growth than 50% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$5,519

Down $4,508 (-45%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$5,519

Down $4,509 (-45%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin17th percentile

Revenue

Down

$86

Down $92 (-52%) from 2022

Expenses

Down

$2,107

Down $1,390 (-40%) from 2022

Net Income

Up

-$2,021

Up $1,298 (+39%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$60K$40K$20K$0Assets 2013: $49,108Liabilities 2013: $0Net Assets 2013: $49,1082013Assets 2014: $41,558Liabilities 2014: $0Net Assets 2014: $41,5582014Assets 2015: $56,098Liabilities 2015: $0Net Assets 2015: $56,0982015Assets 2016: $38,174Liabilities 2016: $0Net Assets 2016: $38,1742016Assets 2017: $37,556Liabilities 2017: $0Net Assets 2017: $37,5562017Assets 2018: $38,216Liabilities 2018: $0Net Assets 2018: $38,2162018Assets 2019: $17,053Liabilities 2019: $0Net Assets 2019: $17,0532019Assets 2020: $17,289Liabilities 2020: $0Net Assets 2020: $17,2892020Assets 2021: $13,347Net Assets 2021: $13,3472021Assets 2022: $10,027Net Assets 2022: $10,0282022Assets 2024: $5,519Net Assets 2024: $5,5192024

Highlighted filing

2024

Assets$5,519
Liabilities-
Net Assets$5,519
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$40K$20K$0-$20K-$40KRevenue 2013: $23,529Expenses 2013: $9,767Net Income 2013: $13,7622013Revenue 2014: $1,092Expenses 2014: $8,642Net Income 2014: -$7,5502014Revenue 2015: $20,114Expenses 2015: $5,574Net Income 2015: $14,5402015Revenue 2016: $161Expenses 2016: $18,085Net Income 2016: -$17,9242016Revenue 2017: $2,413Expenses 2017: $3,031Net Income 2017: -$6182017Revenue 2018: $660Expenses 2018: $0Net Income 2018: $6602018Revenue 2019: $511Expenses 2019: $21,674Net Income 2019: -$21,1632019Revenue 2020: $236Expenses 2020: $0Net Income 2020: $2362020Revenue 2021: $164Expenses 2021: $4,106Net Income 2021: -$3,9422021Revenue 2022: $178Expenses 2022: $3,497Net Income 2022: -$3,3192022Revenue 2024: $86Expenses 2024: $2,107Net Income 2024: -$2,0212024

Highlighted filing

2024

Revenue$86
Expenses$2,107
Net Income-$2,021
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,519
Liabilities
-
Net assets
$5,519
Revenue
$86
Expenses
$2,107
Net income
-$2,021
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.52$5.52$0.09$2.11$2.02
2022Detailed filing. Detailed filing data is available for this year.$10.0$10.0$0.18$3.50$3.32
2021Detailed filing. Detailed filing data is available for this year.$13.3$13.3$0.16$4.11$3.94
2020Summary only. Only limited summary data is available for this year.$17.3$0.00$17.3$0.24$0.00$0.24
2019Summary only. Only limited summary data is available for this year.$17.1$0.00$17.1$0.51$21.7$21.2
2018Summary only. Only limited summary data is available for this year.$38.2$0.00$38.2$0.66$0.00$0.66
2017Summary only. Only limited summary data is available for this year.$37.6$0.00$37.6$2.41$3.03$0.62
2016Summary only. Only limited summary data is available for this year.$38.2$0.00$38.2$0.16$18.1$17.9
2015Summary only. Only limited summary data is available for this year.$56.1$0.00$56.1$20.1$5.57$14.5
2014Summary only. Only limited summary data is available for this year.$41.6$0.00$41.6$1.09$8.64$7.55
2013Summary only. Only limited summary data is available for this year.$49.1$0.00$49.1$23.5$9.77$13.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 8, 2024
Return Version
2023v5.1
Gross Receipts
$86
Mission and Program Overview

Mission

Voluntary employees beneficiary association. The trust was formed for the sole purpose of funding retiree health care benefits to eligible plan 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.-$2,107
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EMILY SCHAEFERSuperintendent-$0--
SARAH BURKOKERExec. Admin Assisstant-$0--
Filing and Contact Details

Filer

Filer Name
Nettle Creek School Corporation Veba Trust
EIN
46-1371262
Phone
7654894543
Address
297 EAST NORTH MARKET ST, HAGERSTOWN, IN 47346

Signing Officer

Name
Emily Schaefer
Title
Superintendent
Phone
7654894543
Signed
2024-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Midamerica Admin & Ret Solutions
Address
2855 INTERSTATE DRIVE 115, SUITE 115, LAKELAND, FL 33805
Preparer
David Schuler
Phone
8136676077
Raw XML Appendix88 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
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IRS990EZ/BenefitsPaidToOrForMembersAmt02107
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/BOYAmt07540
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05519
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-2021
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt05519
IRS990EZ/GrossReceiptsAmt086
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt086
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07540
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05519
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07540
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05519
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EMILY SCHAEFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SARAH BURKOKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SUPERINTENDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXEC. ADMIN ASSISSTANT
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/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/ProgramServiceExpensesAmt02107
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt02107
IRS990EZ/TotalProgramServiceExpensesAmt02107
IRS990EZ/TotalRevenueAmt086
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.nettlecreekschools.com
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY SCHAEFER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Superintendent
ReturnHeader/BusinessOfficerGrp/PhoneNum07654894543
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NETTLE CREEK SCHOOL CORPORATION VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NETT
ReturnHeader/Filer/EIN0461371262
ReturnHeader/Filer/PhoneNum07654894543
ReturnHeader/Filer/USAddress/AddressLine1Txt0297 EAST NORTH MARKET ST
ReturnHeader/Filer/USAddress/CityNm0HAGERSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047346
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593526224
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIDAMERICA ADMIN & RET SOLUTIONS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02855 INTERSTATE DRIVE 115
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 115
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033805
ReturnHeader/PreparerPersonGrp/PhoneNum08136676077
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SCHULER
ReturnHeader/ReturnTs02024-11-14T21:40:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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