Civic Intelligence

Wayne Community School District Veba Trust

EIN 47-2322881 • 501(c)9 • Corydon, IA

Profile

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

102 N DekalbCorydon, IA 50060
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 2024

Liabilities / Revenue

80th percentile

0.00x

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

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

Net Margin

73rd percentile

14%

Higher net margin than 73% 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

80th percentile

3.0%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

42nd percentile

-54%

Faster revenue growth than 42% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$174,083

Up $5,126 (+3.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$174,083

Up $5,125 (+3.0%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin73rd percentile

Revenue

Down

$37,307

Down $43,889 (-54%) from 2023

Expenses

Down

$32,181

Down $33,471 (-51%) from 2023

Net Income

Down

$5,126

Down $10,418 (-67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

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

$200K$150K$100K$50K$0Assets 2015: $101,361Liabilities 2015: $0Net Assets 2015: $101,3612015Assets 2016: $81,496Liabilities 2016: $0Net Assets 2016: $81,4962016Assets 2017: $73,750Liabilities 2017: $0Net Assets 2017: $73,7502017Assets 2018: $78,183Liabilities 2018: $0Net Assets 2018: $78,1832018Assets 2019: $100,976Liabilities 2019: $0Net Assets 2019: $100,9762019Assets 2020: $120,673Liabilities 2020: $0Net Assets 2020: $120,6732020Assets 2021: $122,949Liabilities 2021: $0Net Assets 2021: $122,9492021Assets 2022: $153,414Liabilities 2022: $0Net Assets 2022: $153,4142022Assets 2023: $168,957Liabilities 2023: $0Net Assets 2023: $168,9582023Assets 2024: $174,083Liabilities 2024: $0Net Assets 2024: $174,0832024

Highlighted filing

2024

Assets$174,083
Liabilities$0
Net Assets$174,083
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$100K$50K$0-$50KRevenue 2015: $15,530Expenses 2015: $41,864Net Income 2015: -$26,3342015Revenue 2016: $1,716Expenses 2016: $21,581Net Income 2016: -$19,8652016Revenue 2017: $14,794Expenses 2017: $22,540Net Income 2017: -$7,7462017Revenue 2018: $26,260Expenses 2018: $21,827Net Income 2018: $4,4332018Revenue 2019: $80,983Expenses 2019: $58,190Net Income 2019: $22,7932019Revenue 2020: $81,029Expenses 2020: $61,332Net Income 2020: $19,6972020Revenue 2021: $61,082Expenses 2021: $58,806Net Income 2021: $2,2762021Revenue 2022: $81,274Expenses 2022: $50,809Net Income 2022: $30,4652022Revenue 2023: $81,196Expenses 2023: $65,652Net Income 2023: $15,5442023Revenue 2024: $37,307Expenses 2024: $32,181Net Income 2024: $5,1262024

Highlighted filing

2024

Revenue$37,307
Expenses$32,181
Net Income$5,126
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$174,083
Liabilities
$0
Net assets
$174,083
Revenue
$37,307
Expenses
$32,181
Net income
$5,126
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.37$0.32$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.81$0.66$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.81$0.51$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.61$0.59$0.02
2020Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$0.81$0.61$0.20
2019Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.81$0.58$0.23
2018Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$0.26$0.22$0.04
2017Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$0.15$0.23$0.08
2016Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.02$0.22$0.20
2015Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.16$0.42$0.26
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
$37,307
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.-$32,181
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE LARSONBusiness Manager-$0--
Filing and Contact Details

Filer

Filer Name
Wayne Community School District Veba Trust
EIN
47-2322881
Phone
6418722184
Address
102 N DEKALB, CORYDON, IA 50060

Signing Officer

Name
Denise Larson
Title
Business Manager
Phone
6418722184
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 Appendix82 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/BenefitsPaidToOrForMembersAmt032181
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/BOYAmt0168957
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0174083
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt034760
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt05126
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0168957
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0174083
IRS990EZ/GrossReceiptsAmt037307
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt02547
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0168957
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0174083
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0168957
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0174083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENISE LARSON
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/ProgramServiceExpensesAmt032181
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt032181
IRS990EZ/TotalProgramServiceExpensesAmt032181
IRS990EZ/TotalRevenueAmt037307
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE LARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Business Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum06418722184
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAYNE COMMUNITY SCHOOL DISTRICT VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0WAYN
ReturnHeader/Filer/EIN0472322881
ReturnHeader/Filer/PhoneNum06418722184
ReturnHeader/Filer/USAddress/AddressLine1Txt0102 N DEKALB
ReturnHeader/Filer/USAddress/CityNm0CORYDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050060
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/ReturnTs02024-11-14T22:00:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.