Civic Intelligence

Independence Community School District Veba Trust

EIN 46-4068261 • 501(c)9 • Independence, IA

Profile

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

1207 1st Street WestIndependence, IA 50644

www.indeek12.org

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 2025

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2025

Net Margin

73rd percentile

13%

Higher net margin than 73% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2025

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 2025

Asset Growth

79th percentile

2.7%

Faster asset growth than 79% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

77th percentile

6.4%

Faster revenue growth than 77% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$164,446

Up $4,348 (+2.7%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$164,446

Up $4,348 (+2.7%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin73rd percentile

Revenue

Up

$32,835

Up $1,974 (+6.4%) from 2024

Expenses

Up

$28,486

Up $5,110 (+22%) from 2024

Net Income

Down

$4,349

Down $3,136 (-42%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

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

$200K$150K$100K$50K$0Assets 2014: $45,566Liabilities 2014: $0Net Assets 2014: $45,5662014Assets 2015: $46,123Liabilities 2015: $0Net Assets 2015: $46,1232015Assets 2016: $46,184Liabilities 2016: $0Net Assets 2016: $46,1842016Assets 2017: $56,463Liabilities 2017: $0Net Assets 2017: $56,4632017Assets 2018: $63,742Liabilities 2018: $0Net Assets 2018: $63,7422018Assets 2019: $95,273Liabilities 2019: $0Net Assets 2019: $95,2732019Assets 2020: $118,385Liabilities 2020: $0Net Assets 2020: $118,3852020Assets 2021: $102,873Net Assets 2021: $102,8732021Assets 2022: $165,700Net Assets 2022: $165,6992022Assets 2023: $152,613Net Assets 2023: $152,6132023Assets 2024: $160,098Net Assets 2024: $160,0982024Assets 2025: $164,446Net Assets 2025: $164,4462025

Highlighted filing

2025

Assets$164,446
Liabilities-
Net Assets$164,446
Open 2025 Filing

Operations Trend

Revenue Growth77th percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $11,954Expenses 2014: $18,475Net Income 2014: -$6,5212014Revenue 2015: $12,435Expenses 2015: $11,878Net Income 2015: $5572015Revenue 2016: $15,725Expenses 2016: $15,664Net Income 2016: $612016Revenue 2017: $22,540Expenses 2017: $12,261Net Income 2017: $10,2792017Revenue 2018: $22,058Expenses 2018: $14,779Net Income 2018: $7,2792018Revenue 2019: $64,089Expenses 2019: $32,558Net Income 2019: $31,5312019Revenue 2020: $103,397Expenses 2020: $80,285Net Income 2020: $23,1122020Revenue 2021: $1,916Expenses 2021: $17,428Net Income 2021: -$15,5122021Revenue 2022: $81,067Expenses 2022: $18,241Net Income 2022: $62,8262022Revenue 2023: $1,971Expenses 2023: $15,058Net Income 2023: -$13,0872023Revenue 2024: $30,861Expenses 2024: $23,376Net Income 2024: $7,4852024Revenue 2025: $32,835Expenses 2025: $28,486Net Income 2025: $4,3492025

Highlighted filing

2025

Revenue$32,835
Expenses$28,486
Net Income$4,349
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$164,446
Liabilities
-
Net assets
$164,446
Revenue
$32,835
Expenses
$28,486
Net income
$4,349
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.64$1.64$0.33$0.28$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.60$1.60$0.31$0.23$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.02$0.15$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.66$1.66$0.81$0.18$0.63
2021Detailed filing. Detailed filing data is available for this year.$1.03$1.03$0.02$0.17$0.16
2020Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$1.03$0.80$0.23
2019Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$0.64$0.33$0.32
2018Summary only. Only limited summary data is available for this year.$0.64$0.00$0.64$0.22$0.15$0.07
2017Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$0.23$0.12$0.10
2016Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.16$0.16$0.00
2015Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.12$0.12$0.01
2014Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.12$0.18$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$32,835
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.-$28,486
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIM HANSENBoard President-$0--
SHAWN TILLPayroll Manager-$0--
Filing and Contact Details

Filer

Filer Name
Independence Community School District Veba Trust
EIN
46-4068261
Phone
3193347400
Address
1207 1ST STREET WEST, INDEPENDENCE, IA 50644

Signing Officer

Name
Kim Hansen
Title
Board President
Phone
3193347400
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Midamerica Admin & Ret Solutions
Address
3003 S FLORIDA, SUITE 200, LAKELAND, FL 33803
Preparer
Cody Oakes
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/BenefitsPaidToOrForMembersAmt028486
IRS990EZ/BooksInCareOfDetail/PersonNm0MIDAMERICA ADMIN RETIREMENT SOLUTIO
IRS990EZ/BooksInCareOfDetail/PhoneNum08636884500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03003 S FLORIDA AVE STE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKELAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0160098
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0164446
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt030148
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ForeignFinancialAccountInd00
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IRS990EZ/GrossReceiptsAmt032835
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt02687
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0160098
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0160098
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0164446
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/PersonNm0KIM HANSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHAWN TILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PAYROLL MANAGER
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/ProgramServiceExpensesAmt028486
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt028486
IRS990EZ/TotalProgramServiceExpensesAmt028486
IRS990EZ/TotalRevenueAmt032835
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.indeek12.org
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIM HANSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03193347400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENCE COMMUNITY SCHOOL DISTRICT VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0464068261
ReturnHeader/Filer/PhoneNum03193347400
ReturnHeader/Filer/USAddress/AddressLine1Txt01207 1ST STREET WEST
ReturnHeader/Filer/USAddress/CityNm0INDEPENDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050644
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593526224
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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/PreparerPersonNm0CODY OAKES
ReturnHeader/ReturnTs02025-11-12T11:20:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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