Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
EIN 48-1165594 • 501(c)9 • Topeka, KS
Profile
Westar energy, inc. Provides health reimbursement accounts, dental, life, and wellness coverage for company retirees.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
Liabilities / Revenue
44th percentile
Higher debt load relative to revenue than 44% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Assets
Down$101,082,391
Down $417,774 (-0.4%) from 2023
Liabilities
Up$146,912
Up $108,936 (+287%) from 2023
Net Assets
Down$100,935,479
Down $526,710 (-0.5%) from 2023
Revenue
Up$6,760,757
Up $2,324,257 (+52%) from 2023
Expenses
Down$9,339,631
Down $1,763,531 (-16%) from 2023
Net Income
Up-$2,578,874
Up $4,087,788 (+61%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Veba trust used to pay post retirement benefits for certain retirees
Provide health reimbursement accounts, dental, life, and wellness coverage for company retirees.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $101,462,189 | $100,935,479 | ▼ $526,710 |
| Investments in Publicly Traded Securities | $99,152,805 | $99,104,470 | ▼ $48,335 |
| Prepaid Expenses and Deferred Charges | $2,308,603 | $1,967,371 | ▼ $341,232 |
| Accounts Receivable | $34,423 | $6,536 | ▼ $27,887 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Total Assets | $101,500,165 | $101,082,391 | ▼ $417,774 |
| Other Assets Total | $4,334 | $4,014 | ▼ $320 |
| Liabilities | |||
| Other Liabilities | - | $123,085 | - |
| Accounts Payable and Accrued Expenses | $37,976 | $23,827 | ▼ $14,149 |
| Total Liabilities | $37,976 | $146,912 | ▲ $108,936 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $101,462,189 | $100,935,479 | ▼ $526,710 |
| Total Liabilities and Net Assets / Fund Balance | $101,500,165 | $101,082,391 | ▼ $417,774 |
| Name | Title | Base | Other | Total |
|---|---|---|---|---|
| Theresa Dodson | Trustee | $26,204 | $22,958 | $49,162 |
| Name | Title |
|---|---|
| Lesley Elwell | Chair |
| Heather Humphrey | Trustee |
| John Bridson | Trustee |
| Ryan Mulvany | Trustee |
| Kirk Andrews | Trustee (term End 5/31/24) |
| Geoff Ley | Trustee (term Start 8/14/24) |
| - | Authorized Officer |
| Austin Wegener | Authorized Officer |
| Line Item | Amount |
|---|---|
| Other Expenses | $990,231 |
| Salaries, Compensation, and Employee Benefits | $26,204 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Benefits to Members | - | - | - | $8,323,196 |
| Fees for Services Other | - | - | - | $120,544 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $84,049 |
| Fees for Services Accounting | - | - | - | $29,740 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $26,204 |
| Other Expenses | - | - | - | $17,107 |
| Total Functional Expenses | $0 | $0 | $0 | $9,339,631 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $9,339,631 |
| Expenses per Audited Statements | $9,322,524 |
| Total Expenses per Audited Statements | $9,322,524 |
| Expenses Not Reported on Financial Statements | $17,107 |
| Other Expense Adjustments | $17,107 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization does not have any committees with authority to act on behalf of the governing body.”
“Form 990 is prepared by an independent cpa firm and reviewed by the benefits accounting department of evergy, inc. Prior to filing with the irs.”
“This organization's governing documents and financial statements are not made available to the public.”
“The trust established under the plan to hold the plan's assets is intended to qualify pursuant to section 501(c)(9) of the internal revenue code, and accordingly, the trust's net investment income is exempt from income taxes, except as noted below. The trust has obtained an exemption letter dated september 3, 1996, from the internal revenue service, and the plan sponsor believes that the trust, as amended, continues to qualify and to operate in accordance with the applicable requirements of the internal revenue code. From time to time, the plan pays unrelated business income tax ("ubit") on the investment assets of the trust used to pay medical expenses of the non-union members. Generally accepted accounting principles (gaap) requires plan management to evaluate tax positions taken by the plan and recognizes a tax liability (or asset) if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the applicable taxing authorities. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”
“Foreign taxes paid reported on part ix, line 24 17,107.”
“Foreign taxes paid reported on part ix, line 24 17,107.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 23827 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6536 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE HEALTH REIMBURSEMENT ACCOUNTS, DENTAL, LIFE, AND WELLNESS COVERAGE FOR COMPANY RETIREES. |
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| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 8323196 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | THERESA DODSON |
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| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 66612 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE (TERM START 8/14/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE (TERM END 5/31/24) |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | AUTHORIZED OFFICER |
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| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
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| IRS990/GrantToRelatedPersonInd | 0 | 0 |
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| IRS990/GrossReceiptsAmt | 0 | 21840013 |
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| IRS990/MissionDesc | 0 | WESTAR ENERGY, INC. PROVIDES HEALTH REIMBURSEMENT ACCOUNTS, DENTAL, LIFE, AND WELLNESS COVERAGE FOR COMPANY RETIREES. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES, EXCEPT AS NOTED BELOW. THE TRUST HAS OBTAINED AN EXEMPTION LETTER DATED SEPTEMBER 3, 1996, FROM THE INTERNAL REVENUE SERVICE, AND THE PLAN SPONSOR BELIEVES THAT THE TRUST, AS AMENDED, CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. FROM TIME TO TIME, THE PLAN PAYS UNRELATED BUSINESS INCOME TAX ("UBIT") ON THE INVESTMENT ASSETS OF THE TRUST USED TO PAY MEDICAL EXPENSES OF THE NON-UNION MEMBERS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | FOREIGN TAXES PAID REPORTED ON PART IX, LINE 24 17,107. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | FOREIGN TAXES PAID REPORTED ON PART IX, LINE 24 17,107. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 9322524 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE BENEFITS ACCOUNTING DEPARTMENT OF EVERGY, INC. PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THIS ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 146912 |
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| IRS990/WebsiteAddressTxt | 0 | N/A |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THERESA DODSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR, BENEFITS |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8166521268 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WESTAR ENERGY INC- POST RETIREMENT & |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DISABILITY BENEFIT TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WEST |
| ReturnHeader/Filer/EIN | 0 | 481165594 |
| ReturnHeader/Filer/PhoneNum | 0 | 7855756300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 889 818 SOUTH KANSAS AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TOPEKA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KS |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 66612 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CBIZ ADVISORS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 700 WEST 47TH STREET SUITE 1100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KANSAS CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 64112 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8169455500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LISA BURKE |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T07:19:19-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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