Civic Intelligence

New London Community School District Veba Trust

EIN 47-2316976 • 501(c)9 • New London, IA

Profile

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

106 West Wilson DriveNew London, IA 52645

www.nlcsd.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

31st percentile

-153%

Higher net margin than 31% 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

71st percentile

-2.7%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

94th percentile

115%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$21,617

Down $606 (-2.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$21,617

Down $607 (-2.7%) from 2022

Operations
Liabilities / Revenue80th percentileNet Margin31st percentile

Revenue

Up

$396

Up $212 (+115%) from 2022

Expenses

Up

$1,002

Up $1,002 from 2022

Net Income

Down

-$606

Down $790 (-429%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

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

$30K$20K$10K$0Assets 2015: $6,154Liabilities 2015: $0Net Assets 2015: $6,1542015Assets 2016: $6,156Liabilities 2016: $0Net Assets 2016: $6,1562016Assets 2017: $6,259Liabilities 2017: $0Net Assets 2017: $6,2592017Assets 2018: $9,119Liabilities 2018: $0Net Assets 2018: $9,1192018Assets 2019: $6,446Liabilities 2019: $0Net Assets 2019: $6,4462019Assets 2020: $6,217Liabilities 2020: $0Net Assets 2020: $6,2172020Assets 2021: $22,040Liabilities 2021: $0Net Assets 2021: $22,0402021Assets 2022: $22,223Liabilities 2022: $0Net Assets 2022: $22,2242022Assets 2023: $21,617Liabilities 2023: $0Net Assets 2023: $21,6172023

Highlighted filing

2023

Assets$21,617
Liabilities$0
Net Assets$21,617
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2015: $15,259Expenses 2015: $15,123Net Income 2015: $1362015Revenue 2016: $110Expenses 2016: $108Net Income 2016: $22016Revenue 2017: $103Expenses 2017: $0Net Income 2017: $1032017Revenue 2018: $15,210Expenses 2018: $12,350Net Income 2018: $2,8602018Revenue 2019: $99Expenses 2019: $2,772Net Income 2019: -$2,6732019Revenue 2020: $89Expenses 2020: $318Net Income 2020: -$2292020Revenue 2021: $16,263Expenses 2021: $440Net Income 2021: $15,8232021Revenue 2022: $184Expenses 2022: $0Net Income 2022: $1842022Revenue 2023: $396Expenses 2023: $1,002Net Income 2023: -$6062023

Highlighted filing

2023

Revenue$396
Expenses$1,002
Net Income-$606
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$21,617
Liabilities
$0
Net assets
$21,617
Revenue
$396
Expenses
$1,002
Net income
-$606
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$21.6$0.00$21.6$0.40$1.00$0.61
2022Detailed filing. Detailed filing data is available for this year.$22.2$0.00$22.2$0.18$0.00$0.18
2021Detailed filing. Detailed filing data is available for this year.$22.0$0.00$22.0$16.3$0.44$15.8
2020Summary only. Only limited summary data is available for this year.$6.22$0.00$6.22$0.09$0.32$0.23
2019Summary only. Only limited summary data is available for this year.$6.45$0.00$6.45$0.10$2.77$2.67
2018Summary only. Only limited summary data is available for this year.$9.12$0.00$9.12$15.2$12.4$2.86
2017Summary only. Only limited summary data is available for this year.$6.26$0.00$6.26$0.10$0.00$0.10
2016Summary only. Only limited summary data is available for this year.$6.16$0.00$6.16$0.11$0.11$0.00
2015Summary only. Only limited summary data is available for this year.$6.15$0.00$6.15$15.3$15.1$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 10, 2024
Return Version
2022v5.0
Gross Receipts
$396
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.

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.-$1,002
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA BOYERBoard Secretary-$0--
Filing and Contact Details

Filer

Filer Name
New London Community School District Veba Trust
EIN
47-2316976
Phone
3193670512
Address
106 WEST WILSON DRIVE, NEW LONDON, IA 52645

Signing Officer

Name
Jessica Boyer
Title
Board Secretary
Phone
3193670512
Signed
2024-05-10
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 Appendix83 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/BenefitsPaidToOrForMembersAmt01002
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/BOYAmt022223
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021617
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-606
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022223
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021617
IRS990EZ/GrossReceiptsAmt0396
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt0396
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022223
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021617
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022223
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021617
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESSICA BOYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD SECRETARY
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/ProgramServiceExpensesAmt01002
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt01002
IRS990EZ/TotalProgramServiceExpensesAmt01002
IRS990EZ/TotalRevenueAmt0396
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.nlcsd.org
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSICA BOYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum03193670512
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW LONDON COMMUNITY SCHOOL DISTRICT VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0472316976
ReturnHeader/Filer/PhoneNum03193670512
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 WEST WILSON DRIVE
ReturnHeader/Filer/USAddress/CityNm0NEW LONDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052645
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
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/ReturnTs02024-05-15T19:00:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JESSICA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOYER
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.