Muscatine Community School District Veba Trust is located in Muscatine, IA. The organization was established in 2016. 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. Muscatine 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, Muscatine Community School District Veba Trust generated $177.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $278.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 years. 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 | $171,434 |
Membership dues | $0 |
Investment income | $6,394 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $177,828 |
Statement of Expenses | |
---|---|
Total expenses | $278,883 |
Balance Sheet | |
---|---|
Total assets | $365,136 |
Total liabilities | $0 |
Net assets or fund balances | $365,136 |
Over the last fiscal year, we have identified 4 grants that Muscatine Community School District Veba Trust has recieved totaling $147,100.
Awarding Organization | Amount |
---|---|
Roy J Carver Charitable Tr Muscatine, IA PURPOSE: 2022 EXCELLENCE IN EDUCATION PROGRAM | $84,600 |
Kent Corporation Charitable Foundation Muscatine, IA PURPOSE: GENERAL OPERATIONS | $25,000 |
Kent Corporation Charitable Foundation Muscatine, IA PURPOSE: GENERAL OPERATIONS | $25,000 |
Roy J Carver Charitable Tr Muscatine, IA PURPOSE: ROBOTICS CLUB - NATIONAL COMPETITION | $12,500 |