Civic Intelligence

Belmond-Klemme Community School District Veba Trust

EIN 47-2285700 • 501(c)9 • Belmond, IA

Profile

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

411 10th Avenue NEBelmond, IA 50421

www.bkcsd.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 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

19th percentile

-1363%

Higher net margin than 19% 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

60th percentile

-18%

Faster asset growth than 60% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

-9.7%

Faster revenue growth than 60% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$66,411

Down $14,397 (-18%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$66,411

Down $14,396 (-18%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin19th percentile

Revenue

Down

$1,056

Down $113 (-9.7%) from 2023

Expenses

Up

$15,453

Up $3,602 (+30%) from 2023

Net Income

Down

-$14,397

Down $3,715 (-35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$300K$200K$100K$0Assets 2015: $93,621Liabilities 2015: $0Net Assets 2015: $93,6212015Assets 2016: $60,760Liabilities 2016: $0Net Assets 2016: $60,7602016Assets 2017: $248,770Liabilities 2017: $0Net Assets 2017: $248,7702017Assets 2018: $214,367Liabilities 2018: $0Net Assets 2018: $214,3672018Assets 2019: $175,128Liabilities 2019: $0Net Assets 2019: $175,1282019Assets 2020: $152,471Liabilities 2020: $0Net Assets 2020: $152,4712020Assets 2021: $111,202Net Assets 2021: $111,2022021Assets 2022: $91,489Net Assets 2022: $91,4892022Assets 2023: $80,808Net Assets 2023: $80,8072023Assets 2024: $66,411Net Assets 2024: $66,4112024

Highlighted filing

2024

Assets$66,411
Liabilities-
Net Assets$66,411
Open 2024 Filing

Operations Trend

Revenue Growth60th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2015: $100,004Expenses 2015: $24,859Net Income 2015: $75,1452015Revenue 2016: $1,862Expenses 2016: $34,723Net Income 2016: -$32,8612016Revenue 2017: $0Expenses 2017: $53,646Net Income 2017: -$53,6462017Revenue 2018: $6,588Expenses 2018: $53,646Net Income 2018: -$47,0582018Revenue 2019: $2,881Expenses 2019: $42,120Net Income 2019: -$39,2392019Revenue 2020: $2,894Expenses 2020: $25,551Net Income 2020: -$22,6572020Revenue 2021: $2,346Expenses 2021: $43,615Net Income 2021: -$41,2692021Revenue 2022: $2,752Expenses 2022: $22,465Net Income 2022: -$19,7132022Revenue 2023: $1,169Expenses 2023: $11,851Net Income 2023: -$10,6822023Revenue 2024: $1,056Expenses 2024: $15,453Net Income 2024: -$14,3972024

Highlighted filing

2024

Revenue$1,056
Expenses$15,453
Net Income-$14,397
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$66,411
Liabilities
-
Net assets
$66,411
Revenue
$1,056
Expenses
$15,453
Net income
-$14,397
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.66$0.01$0.15$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.81$0.01$0.12$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.91$0.03$0.22$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.11$1.11$0.02$0.44$0.41
2020Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$0.03$0.26$0.23
2019Summary only. Only limited summary data is available for this year.$1.75$0.00$1.75$0.03$0.42$0.39
2018Summary only. Only limited summary data is available for this year.$2.14$0.00$2.14$0.07$0.54$0.47
2017Summary only. Only limited summary data is available for this year.$2.49$0.00$2.49$0.00$0.54$0.54
2016Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$0.02$0.35$0.33
2015Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$1.00$0.25$0.75
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
$1,056
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.-$15,453
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THERESA GREENFIELDBusiness Manager-$0--
Filing and Contact Details

Filer

Filer Name
Belmond-klemme Community School District Veba Trust
EIN
47-2285700
Phone
6414444300
Address
411 10TH AVENUE NE, BELMOND, IA 50421

Signing Officer

Name
Theresa Greenfield
Title
Business Manager
Phone
6414444300
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 Appendix79 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/BenefitsPaidToOrForMembersAmt015453
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/BOYAmt080808
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066411
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-14397
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt080808
IRS990EZ/Form990TotalAssetsGrp/EOYAmt066411
IRS990EZ/GrossReceiptsAmt01056
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt01056
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt080808
IRS990EZ/NetAssetsOrFundBalancesEOYAmt066411
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt080808
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt066411
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THERESA GREENFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BUSINESS 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/ProgramServiceExpensesAmt015453
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt015453
IRS990EZ/TotalProgramServiceExpensesAmt015453
IRS990EZ/TotalRevenueAmt01056
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.bkcsd.org
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THERESA GREENFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Business Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum06414444300
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BELMOND-KLEMME COMMUNITY SCHOOL DISTRICT VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0BELM
ReturnHeader/Filer/EIN0472285700
ReturnHeader/Filer/PhoneNum06414444300
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 10TH AVENUE NE
ReturnHeader/Filer/USAddress/CityNm0BELMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050421
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/ReturnTs02024-11-14T21:20:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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