Wayne Community School District Veba Trust is located in Corydon, IA. The organization was established in 2015. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne Community School District Veba Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending undefined, Wayne Community School District Veba Trust generated $61.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $58.8k during the year ending undefined. While expenses have increased by 5.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
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.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $58,968 |
Membership dues | $0 |
Investment income | $2,114 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $61,082 |
Statement of Expenses | |
---|---|
Total expenses | $58,806 |
Balance Sheet | |
---|---|
Total assets | $122,949 |
Total liabilities | $0 |
Net assets or fund balances | $122,949 |
Over the last fiscal year, we have identified 1 grants that Wayne Community School District Veba Trust has recieved totaling $116,034.
Awarding Organization | Amount |
---|---|
Wayne Community Foundation Corydon, IA PURPOSE: FACILITY RENOVATION | $116,034 |