Civic Intelligence

Transamerica Corporation Disability Trust Agreement

EIN 94-2760230 • 501(c)9 • Cedar Rapids, IA

Profile

The organization is a 501(c)(9) trust for a welfare benefit plan that provides short-term disability payments for eligible participants.

6400 C Street SW C/O Tax DepartmentCedar Rapids, IA 52499

not applicable

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

22nd percentile

-778%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

90th percentile

$16,463

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 70.0% of source-year revenue.

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

Asset Growth

57th percentile

-28%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

54th percentile

-21%

Faster revenue growth than 54% of similar nonprofits.

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

Assets

Down

$460,876

Down $183,045 (-28%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$460,876

Down $183,045 (-28%) from 2023

Revenue

Down

$23,513

Down $6,121 (-21%) from 2023

Expenses

Up

$206,558

Up $92,727 (+81%) from 2023

Net Income

Down

-$183,045

Down $98,848 (-117%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $9,321,295Liabilities 2010: $437,641Net Assets 2010: $8,883,6542010Assets 2011: $5,759,698Liabilities 2011: $0Net Assets 2011: $5,759,6982011Assets 2012: $4,883,547Liabilities 2012: $272,230Net Assets 2012: $4,611,3172012Assets 2013: $4,411,811Liabilities 2013: $378,267Net Assets 2013: $4,033,5442013Assets 2014: $2,950,780Liabilities 2014: $331,350Net Assets 2014: $2,619,4302014Assets 2015: $2,529,251Liabilities 2015: $422,125Net Assets 2015: $2,107,1262015Assets 2016: $1,652,815Liabilities 2016: $0Net Assets 2016: $1,652,8152016Assets 2017: $1,377,827Liabilities 2017: $0Net Assets 2017: $1,377,8272017Assets 2018: $1,223,214Liabilities 2018: $0Net Assets 2018: $1,223,2142018Assets 2019: $1,126,765Liabilities 2019: $0Net Assets 2019: $1,126,7652019Assets 2020: $1,048,198Liabilities 2020: $0Net Assets 2020: $1,048,1982020Assets 2021: $865,420Liabilities 2021: $0Net Assets 2021: $865,4202021Assets 2022: $728,118Liabilities 2022: $0Net Assets 2022: $728,1182022Assets 2023: $643,921Liabilities 2023: $0Net Assets 2023: $643,9212023Assets 2024: $460,876Liabilities 2024: $0Net Assets 2024: $460,8762024

Highlighted filing

2024

Assets$460,876
Liabilities$0
Net Assets$460,876

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2010: $1,162,165Expenses 2010: $1,966,523Net Income 2010: -$804,3582010Revenue 2011: $1,070,552Expenses 2011: $4,194,508Net Income 2011: -$3,123,9562011Revenue 2012: $289,214Expenses 2012: $1,437,595Net Income 2012: -$1,148,3812012Revenue 2013: -$52,854Expenses 2013: $524,919Net Income 2013: -$577,7732013Revenue 2014: $167,787Expenses 2014: $1,581,901Net Income 2014: -$1,414,1142014Revenue 2015: $37,500Expenses 2015: $549,804Net Income 2015: -$512,3042015Revenue 2016: $34,019Expenses 2016: $488,330Net Income 2016: -$454,3112016Revenue 2017: $20,847Expenses 2017: $295,835Net Income 2017: -$274,9882017Revenue 2018: $16,276Expenses 2018: $170,889Net Income 2018: -$154,6132018Revenue 2019: $49,353Expenses 2019: $145,802Net Income 2019: -$96,4492019Revenue 2020: $33,916Expenses 2020: $112,483Net Income 2020: -$78,5672020Revenue 2021: -$4Expenses 2021: $182,774Net Income 2021: -$182,7782021Revenue 2022: -$20,936Expenses 2022: $116,366Net Income 2022: -$137,3022022Revenue 2023: $29,634Expenses 2023: $113,831Net Income 2023: -$84,1972023Revenue 2024: $23,513Expenses 2024: $206,558Net Income 2024: -$183,0452024

Highlighted filing

2024

Revenue$23,513
Expenses$206,558
Net Income-$183,045

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$0.02$0.21$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.00$0.64$0.03$0.11$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$0.02$0.12$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.00$0.18$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.00$1.05$0.03$0.11$0.08
2019Summary only. Only limited summary data is available for this year.$1.13$0.00$1.13$0.05$0.15$0.10
2018Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.02$0.17$0.15
2017Summary only. Only limited summary data is available for this year.$1.38$0.00$1.38$0.02$0.30$0.27
2016Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$0.03$0.49$0.45
2015Summary only. Only limited summary data is available for this year.$2.53$0.42$2.11$0.04$0.55$0.51
2014Summary only. Only limited summary data is available for this year.$2.95$0.33$2.62$0.17$1.58$1.41
2013Summary only. Only limited summary data is available for this year.$4.41$0.38$4.03$0.05$0.52$0.58
2012Summary only. Only limited summary data is available for this year.$4.88$0.27$4.61$0.29$1.44$1.15
2011Summary only. Only limited summary data is available for this year.$5.76$0.00$5.76$1.07$4.19$3.12
2010Summary only. Only limited summary data is available for this year.$9.32$0.44$8.88$1.16$1.97$0.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 26, 2025
Return Version
2024v5.0
Gross Receipts
$196,807
Mission and Program Overview

Mission

The organization is a 501(c)(9) trust for a welfare benefit plan that provides short-term disability payments for eligible participants.

This organization is a 501(c)(9) trust for a welfare benefit plan that provides payment of short-term disability for eligible participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$643,921$460,876▼ $183,045
Investments in Publicly Traded Securities$484,547$337,958▼ $146,589
Savings and Temporary Cash Investments$157,253$121,311▼ $35,942
Accounts Receivable$2,123$1,608▼ $515
Cash and Non-Interest-Bearing Accounts$-2$-1▲ $1
Total Assets$643,921$460,876▼ $183,045
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$643,921$460,876▼ $183,045
Total Liabilities and Net Assets / Fund Balance$643,921$460,876▼ $183,045
Compensation and Service Providers

Employees

NameTitleBaseTotal
Scott AlbertsonTrustee$16,463$16,463

Board Members and Trustees

NameTitle
-Chief Tax of
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$23,513
Other Revenue
$0
Change in Net Assets
$-183,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,463
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$190,095--$190,095
Other Expenses$10,886--$10,886
Fees for Service Investment Mgmnt Fees-$5,577-$5,577
Total Functional Expenses$200,981$5,577$0$206,558
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

An independant cpa firm prepares form 990 and it is reviewed by the vice president of transamerica corporation. Information for the 990 is provided by the bank trustee and is certified by them as being complete and accurate.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy and financial statements of the trust are not available to the public. They may be made available upon request.

Filing and Contact Details

Filer

Filer Name
Transamerica Corporation Disability
EIN
94-2760230
Phone
3193553075
Address
6400 C STREET SW C/O TAX DEPARTMENT, CEDAR RAPIDS, IA 52499

Signing Officer

Name
Scott Albertson
Title
Chief Tax Officer
Phone
3193555341
Signed
2025-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Albertson
Formed
1982
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Bghn Associates Pc
Address
1845 51ST ST NE, CEDAR RAPIDS, IA 52402
Preparer
Heather L Gerber
Phone
3193668400
Raw XML Appendix258 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF TAX OF
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IRS990/GainOrLossGrp/SecuritiesAmt0-18338
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0154956
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IRS990/IRPDocumentCnt00
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0173294
IRS990/LoanOutstandingInd0false
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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ReturnHeader/PreparerPersonGrp/PhoneNum03193668400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER L GERBER
ReturnHeader/ReturnTs02025-10-15T07:52:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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