Civic Intelligence

Iowa Falls Community School District Veba Trust

EIN 47-2317275 • 501(c)9 • Iowa Falls, IA

Profile

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

710 North StreetIowa Falls, IA 50126

www.ifacadets.net

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

46th percentile

-21%

Higher net margin than 46% 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

68th percentile

-4.9%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

58th percentile

-13%

Faster revenue growth than 58% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$209,976

Down $10,912 (-4.9%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$209,976

Down $10,912 (-4.9%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin46th percentile

Revenue

Down

$52,821

Down $8,039 (-13%) from 2024

Expenses

Up

$63,733

Up $15,075 (+31%) from 2024

Net Income

Down

-$10,912

Down $23,114 (-189%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $278,828Liabilities 2015: $0Net Assets 2015: $278,8282015Assets 2016: $270,049Liabilities 2016: $0Net Assets 2016: $270,0492016Assets 2017: $257,254Liabilities 2017: $0Net Assets 2017: $257,2542017Assets 2018: $242,045Liabilities 2018: $0Net Assets 2018: $242,0452018Assets 2019: $204,751Liabilities 2019: $0Net Assets 2019: $204,7512019Assets 2020: $210,383Liabilities 2020: $0Net Assets 2020: $210,3832020Assets 2021: $181,530Liabilities 2021: $0Net Assets 2021: $181,5302021Assets 2022: $196,841Liabilities 2022: $0Net Assets 2022: $1,825,8412022Assets 2023: $208,686Liabilities 2023: $0Net Assets 2023: $205,9942023Assets 2024: $220,888Liabilities 2024: $0Net Assets 2024: $220,8882024Assets 2025: $209,976Net Assets 2025: $209,9762025

Highlighted filing

2025

Assets$209,976
Liabilities-
Net Assets$209,976
Open 2025 Filing

Operations Trend

Revenue Growth58th percentile

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

$100K$50K$0-$50KRevenue 2015: $31,950Expenses 2015: $66,449Net Income 2015: -$34,4992015Revenue 2016: $30,619Expenses 2016: $39,398Net Income 2016: -$8,7792016Revenue 2017: $29,860Expenses 2017: $42,655Net Income 2017: -$12,7952017Revenue 2018: $15,760Expenses 2018: $30,969Net Income 2018: -$15,2092018Revenue 2019: $27,128Expenses 2019: $64,422Net Income 2019: -$37,2942019Revenue 2020: $51,284Expenses 2020: $45,653Net Income 2020: $5,6312020Revenue 2021: $55,759Expenses 2021: $84,612Net Income 2021: -$28,8532021Revenue 2022: $69,913Expenses 2022: $54,597Net Income 2022: $15,3162022Revenue 2023: $49,914Expenses 2023: $40,761Net Income 2023: $9,1532023Revenue 2024: $60,860Expenses 2024: $48,658Net Income 2024: $12,2022024Revenue 2025: $52,821Expenses 2025: $63,733Net Income 2025: -$10,9122025

Highlighted filing

2025

Revenue$52,821
Expenses$63,733
Net Income-$10,912
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$209,976
Liabilities
-
Net assets
$209,976
Revenue
$52,821
Expenses
$63,733
Net income
-$10,912
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.05$0.06$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.06$0.05$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.05$0.04$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.00$1.83$0.07$0.05$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.06$0.08$0.03
2020Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$0.05$0.05$0.01
2019Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$0.03$0.06$0.04
2018Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$0.02$0.03$0.02
2017Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.03$0.04$0.01
2016Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$0.03$0.04$0.01
2015Summary only. Only limited summary data is available for this year.$0.28$0.00$0.28$0.03$0.07$0.03
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
$52,821
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.-$63,733
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TONY NEUMANNSuperintendent-$0--
BRITTANY MCNEILBoard Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Iowa Falls Community School District Veba Trust
EIN
47-2317275
Phone
6416486400
Address
710 NORTH STREET, IOWA FALLS, IA 50126

Signing Officer

Name
Tony Neumann
Title
Superintendent
Phone
6416486400
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 Appendix89 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/BenefitsPaidToOrForMembersAmt063733
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/BOYAmt0220888
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0209976
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt049185
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-10912
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0220888
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0209976
IRS990EZ/GrossReceiptsAmt052821
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt03636
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0220888
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0209976
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0220888
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0209976
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/PersonNm0TONY NEUMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRITTANY MCNEIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SUPERINTENDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD 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/ProgramServiceExpensesAmt063733
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt063733
IRS990EZ/TotalProgramServiceExpensesAmt063733
IRS990EZ/TotalRevenueAmt052821
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.ifacadets.net
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY NEUMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SUPERINTENDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06416486400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IOWA FALLS COMMUNITY SCHOOL DISTRICT VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0IOWA
ReturnHeader/Filer/EIN0472317275
ReturnHeader/Filer/PhoneNum06416486400
ReturnHeader/Filer/USAddress/AddressLine1Txt0710 NORTH STREET
ReturnHeader/Filer/USAddress/CityNm0IOWA FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050126
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/PreparerPersonNm0CODY OAKES
ReturnHeader/ReturnTs02025-11-12T11:20:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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