EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY

EIN: 367627415 Mutual Benefit

CLINTON, IA

Total Revenue
$664,386
Total Expenses
$497
Total Assets
$2,158,148
Net Assets
$2,158,148
🔒

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
2013
Legal Domicile
SD
Principal Officer
PATRICIA REIMANN
Phone
7162456100
Tax Period
2024-01-01 to 2024-12-31

EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY, founded in 2013, is a small nonprofit in the Mutual Benefit sector that reported $664K in total revenue in fiscal year 2024. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $664K, a strong 100% operating margin.

Mission

TO PROVIDE QUALIFIED HEALTH AND WELFARE BENEFITS THROUGH A HEALTH REIMBURSEMENT ARRANGEMENT (HRA).

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $302,639
Investment Income $361,747
Other Revenue $0
TOTAL REVENUE $664,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $497
TOTAL EXPENSES $497

Year-over-Year Comparison

2024 2023 Change
Revenue $664,386 $272,115 +1.4%
Expenses $497 $10 +48.7%
Net Income $663,889 $272,105 +1.4%
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 0.00
$0 $750 $750
N/A TRUSTEE 0.00
$0 $6 $6
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
2024 $664,386 $497 $2,158,148 $663,889
2023 $272,115 $10 $1,630,790 $272,105
2022 $204,105 No data $1,180,610 No data
2021 $245,131 $19 $1,229,181 $245,112
2020 $195,452 $19 $974,382 $195,433
2019 $158,796 No data $704,682 No data
2018 $152,489 No data $464,218 No data
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY 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.