Jefferson County Veba Employee Plan Tr

Jefferson County Veba Employee Plan Tr consistently grows revenue and assets with zero liabilities and no reported officer compensation.

EIN: 203653621 · Rigby, ID · NTEE: Y43 · Updated: 2026-03-28

$2.9MRevenue
$1.2MAssets
90/100Mission Score (Excellent)
Y43
Jefferson County Veba Employee Plan Tr Financial Summary
MetricValue
Total Revenue$2.9M
Total Expenses$2.2M
Program Spending95%
Net Assets$1.6M
Transparency Score90/100

Is Jefferson County Veba Employee Plan Tr Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Jefferson County Veba Employee Plan Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jefferson County Veba Employee Plan Tr

Jefferson County Veba Employee Plan Tr (EIN: 203653621) is a nonprofit organization based in Rigby, ID, classified under NTEE code Y43. The organization reported total revenue of $2.9M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson County Veba Employee Plan Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Jefferson County Veba Employee Plan Tr is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.8M
Total Expenses$2.2M
Surplus / Deficit+$564K
Total Assets$1.6M
Net Assets$1.6M
Operating Margin20.3%
Months of Reserves8.6 months

Financial Health Grade: A

In 2023, Jefferson County Veba Employee Plan Tr reported a surplus of $564K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Jefferson County Veba Employee Plan Tr's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+8.9%-1.1%+55.0%
2022+18.8%+19.5%+43.8%
2021+5.1%-4.5%+62.2%
2020+22.0%+7.1%+22.9%
2019+4.7%+12.5%-30.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Jefferson County Veba Employee Plan Tr demonstrates consistent financial growth, with revenue increasing from $1,316,792 in 2014 to $2,774,945 in 2023. The organization consistently maintains zero liabilities, indicating a strong balance sheet and responsible financial management. Expenses have generally tracked revenue, with the organization typically operating with a surplus, as seen in 2023 where revenue exceeded expenses by over $560,000. This suggests a healthy financial position and ability to cover its operational costs. The organization's spending efficiency appears high, as it reports 0% officer compensation across all available filings, implying that administrative costs related to executive salaries are non-existent or covered by other entities. This structure likely contributes to a very high percentage of funds being directed towards its program services, which is typical for a VEBA (Voluntary Employees' Beneficiary Association) plan. The consistent growth in assets, reaching $1,587,192 in 2023, further supports its financial stability and capacity to fulfill its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jefferson County Veba Employee Plan Tr with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 95%
  • fundraising: 0%

According to IRS 990 filings, Jefferson County Veba Employee Plan Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.8MTotal Revenue
$2.2MTotal Expenses
$1.6MTotal Assets
$1.6MNet Assets
  • The organization reported a surplus of $564K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly unusual and suggests administrative costs are extremely low or handled externally, allowing more funds for program services.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Jefferson County Veba Employee Plan Tr:

  • Consistent revenue growth (from $1.3M in 2014 to $2.7M in 2023)
  • Zero liabilities reported across all filings, indicating strong financial health
  • 0% officer compensation, suggesting high efficiency and program focus
  • Consistent asset growth, reaching $1,587,192 in 2023
  • Regularly operates with a financial surplus (e.g., $563,510 in 2023)

Frequently Asked Questions about Jefferson County Veba Employee Plan Tr

Is Jefferson County Veba Employee Plan Tr a legitimate charity?

Jefferson County Veba Employee Plan Tr (EIN: 203653621) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Jefferson County Veba Employee Plan Tr spend its money?

Jefferson County Veba Employee Plan Tr directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Jefferson County Veba Employee Plan Tr tax-deductible?

Jefferson County Veba Employee Plan Tr is registered as a tax-exempt nonprofit (EIN: 203653621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Jefferson County Veba Employee Plan Tr compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Jefferson County Veba Employee Plan Tr is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Jefferson County Veba Employee Plan Tr located?

Jefferson County Veba Employee Plan Tr is headquartered in Rigby, Idaho and files with the IRS under EIN 203653621. It is classified under NTEE code Y43.

How many years of IRS 990 filings does Jefferson County Veba Employee Plan Tr have?

Jefferson County Veba Employee Plan Tr has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.

Is Jefferson County Veba Employee Plan Tr a good charity?

Based on the provided financial data, Jefferson County Veba Employee Plan Tr appears to be a very well-managed organization. It consistently operates with a surplus, has zero liabilities, and reports no officer compensation, suggesting high efficiency in directing funds towards its intended purpose as a VEBA.

How has the organization's revenue grown over time?

The organization has shown strong revenue growth, increasing from $1,316,792 in 2014 to $2,774,945 in 2023, nearly doubling its income over a decade.

What is the organization's liability situation?

Jefferson County Veba Employee Plan Tr consistently reports $0 in liabilities across all available filings, indicating an extremely strong and stable financial position with no debt.

How much of its budget goes to executive compensation?

The organization reports 0% officer compensation in all available filings, meaning no funds are allocated to executive salaries.

Filing History

IRS 990 filing history for Jefferson County Veba Employee Plan Tr showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Jefferson County Veba Employee Plan Tr's revenue has grown by 231.4%, moving from $837K to $2.8M. Total functional expenses rose by 164.1%, from $837K to $2.2M. In its most recent filing year (2023), Jefferson County Veba Employee Plan Tr reported a surplus of $564K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.8M $2.2M $1.6M $0 View 990
2022 $2.5M $2.2M $1.0M $0 View 990
2021 $2.1M $1.9M $712K $0
2020 $2.0M $2.0M $439K $0
2019 $1.7M $1.8M $357K $0 View 990
2018 $1.6M $1.6M $512K $0 View 990
2017 $1.5M $1.6M $539K $0 View 990
2016 $1.4M $1.3M $598K $0 View 990
2015 $1.4M $1.2M $498K $0 View 990
2014 $1.3M $1.5M $304K $0 View 990
2013 $1.3M $1.4M $450K $0 View 990
2012 $887K $887K $0 $0 View 990
2011 $837K $837K $0 $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.8M, expenses of $2.2M, and assets of $1.6M (revenue +8.9% year-over-year).
  • 2022: Revenue of $2.5M, expenses of $2.2M, and assets of $1.0M (revenue +18.8% year-over-year).
  • 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $712K (revenue +5.1% year-over-year).
  • 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $439K (revenue +22.0% year-over-year).
  • 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $357K (revenue +4.7% year-over-year).
  • 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $512K (revenue +5.8% year-over-year).
  • 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $539K (revenue +8.0% year-over-year).
  • 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $598K (revenue +1.9% year-over-year).
  • 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $498K (revenue +4.3% year-over-year).
  • 2014: Revenue of $1.3M, expenses of $1.5M, and assets of $304K (revenue +5.1% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $450K (revenue +41.2% year-over-year).
  • 2012: Revenue of $887K, expenses of $887K, and assets of $0 (revenue +6.0% year-over-year).
  • 2011: Revenue of $837K, expenses of $837K, and assets of $0.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jefferson County Veba Employee Plan Tr:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Jefferson County Veba Employee Plan Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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