Civic Intelligence

Pekin Community School District Veba Trust

EIN 47-2322369 • 501(c)9 • Packwood, IA

Profile

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

1062 Birch AvenuePackwood, IA 52580

www.pekincsd.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

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

Liabilities / Revenue

76th percentile

0.00x

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

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

Net Margin

90th percentile

55%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

120%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

99th percentile

1510%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$389,824

Up $96,968 (+33%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$389,824

Up $96,957 (+33%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin90th percentile

Revenue

Up

$176,022

Up $1,891 (+1.1%) from 2023

Expenses

Up

$79,064

Up $2,140 (+2.8%) from 2023

Net Income

Down

$96,958

Down $249 (-0.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$400K$300K$200K$100K$0Assets 2015: $184,386Liabilities 2015: $0Net Assets 2015: $184,3862015Assets 2016: $192,023Liabilities 2016: $0Net Assets 2016: $192,0232016Assets 2017: $200,800Liabilities 2017: $0Net Assets 2017: $200,8002017Assets 2018: $220,310Liabilities 2018: $0Net Assets 2018: $220,3102018Assets 2019: $234,218Liabilities 2019: $0Net Assets 2019: $234,2182019Assets 2020: $219,835Liabilities 2020: $0Net Assets 2020: $219,8352020Assets 2021: $214,294Net Assets 2021: $214,2942021Assets 2022: $195,660Net Assets 2022: $195,6592022Assets 2023: $292,856Net Assets 2023: $292,8672023Assets 2024: $389,824Net Assets 2024: $389,8242024

Highlighted filing

2024

Assets$389,824
Liabilities-
Net Assets$389,824
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2015: $87,824Expenses 2015: $68,425Net Income 2015: $19,3992015Revenue 2016: $49,776Expenses 2016: $42,139Net Income 2016: $7,6372016Revenue 2017: $48,938Expenses 2017: $40,161Net Income 2017: $8,7772017Revenue 2018: $51,271Expenses 2018: $31,761Net Income 2018: $19,5102018Revenue 2019: $34,579Expenses 2019: $20,671Net Income 2019: $13,9082019Revenue 2020: $12,326Expenses 2020: $26,709Net Income 2020: -$14,3832020Revenue 2021: $12,074Expenses 2021: $17,615Net Income 2021: -$5,5412021Revenue 2022: $10,935Expenses 2022: $29,570Net Income 2022: -$18,6352022Revenue 2023: $174,131Expenses 2023: $76,924Net Income 2023: $97,2072023Revenue 2024: $176,022Expenses 2024: $79,064Net Income 2024: $96,9582024

Highlighted filing

2024

Revenue$176,022
Expenses$79,064
Net Income$96,958
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$389,824
Liabilities
-
Net assets
$389,824
Revenue
$176,022
Expenses
$79,064
Net income
$96,958
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.90$3.90$1.76$0.79$0.97
2023Detailed filing. Detailed filing data is available for this year.$2.93$2.93$1.74$0.77$0.97
2022Detailed filing. Detailed filing data is available for this year.$1.96$1.96$0.11$0.30$0.19
2021Detailed filing. Detailed filing data is available for this year.$2.14$2.14$0.12$0.18$0.06
2020Summary only. Only limited summary data is available for this year.$2.20$0.00$2.20$0.12$0.27$0.14
2019Summary only. Only limited summary data is available for this year.$2.34$0.00$2.34$0.35$0.21$0.14
2018Summary only. Only limited summary data is available for this year.$2.20$0.00$2.20$0.51$0.32$0.20
2017Summary only. Only limited summary data is available for this year.$2.01$0.00$2.01$0.49$0.40$0.09
2016Summary only. Only limited summary data is available for this year.$1.92$0.00$1.92$0.50$0.42$0.08
2015Summary only. Only limited summary data is available for this year.$1.84$0.00$1.84$0.88$0.68$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$176,022
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.-$79,064
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHERIE WESTENDORFFormer School Board Secretary-$0--
KAYE GILBERTBusiness Manager-$0--
Filing and Contact Details

Filer

Filer Name
Pekin Community School District Veba Trust
EIN
47-2322369
Phone
3196953707
Address
1062 BIRCH AVENUE, PACKWOOD, IA 52580

Signing Officer

Name
Kaye Gilbert
Title
Business Manager
Phone
3196953707
Signed
2024-11-14
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 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt079064
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/BOYAmt0292866
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0389824
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0170451
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt096958
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0292866
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0389824
IRS990EZ/GrossReceiptsAmt0176022
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt05571
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0292866
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0389824
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0292866
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0389824
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/PersonNm0CHERIE WESTENDORF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAYE GILBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FORMER SCHOOL BOARD SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BUSINESS 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/ProgramServiceExpensesAmt079064
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt079064
IRS990EZ/TotalProgramServiceExpensesAmt079064
IRS990EZ/TotalRevenueAmt0176022
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.pekincsd.org
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KAYE GILBERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Business Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum03196953707
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEKIN COMMUNITY SCHOOL DISTRICT VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0PEKI
ReturnHeader/Filer/EIN0472322369
ReturnHeader/Filer/PhoneNum03196953707
ReturnHeader/Filer/USAddress/AddressLine1Txt01062 BIRCH AVENUE
ReturnHeader/Filer/USAddress/CityNm0PACKWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052580
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/ReturnTs02024-11-15T21:30:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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