PANHANDLE UNION VEBA HEALTH CARE

EIN: 306090482 Mutual Benefit

DES MOINES, IA

Total Revenue
$1,510,085
Total Expenses
$1,044,183
Total Assets
$31,820,773
Net Assets
$31,820,773
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
PA
Principal Officer
PRINCIPAL BANK - PCS TAX
Phone
6025620883
Tax Period
2025-01-01 to 2025-12-31

PANHANDLE UNION VEBA HEALTH CARE, founded in 2007, is a community nonprofit in the Mutual Benefit sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $466K, a strong 31% operating margin.

Mission

THE VEBA TRUST IS THE FUNDING VEHICLE FOR THE PLAN SPONSORS PAYMENT TO PROVIDE LIFE INSURANCE BENEFITS FOR UNION EMPLOYEES AND RETIREES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,510,085
Other Revenue $0
TOTAL REVENUE $1,510,085

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,312
Fundraising Expenses $0
Other Expenses $5,996
TOTAL EXPENSES $1,044,183

Year-over-Year Comparison

2025 2024 Change
Revenue $1,510,085 $1,150,280 +0.3%
Expenses $1,044,183 $894,185 +0.2%
Net Income $465,902 $256,095 +0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.0
$2,312 $0 $2,312
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,510,085 $1,044,183 $31,820,773 $465,902
2024 $1,150,280 $894,185 $31,360,284 $256,095
2023 $1,032,982 $780,620 $31,108,377 $252,362
2022 $862,274 $856,755 $30,862,735 $5,519
2021 $1,038,980 $732,078 $30,862,758 $306,902
2020 $835,330 $594,518 $30,556,659 $240,812
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PANHANDLE UNION VEBA HEALTH CARE with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.