Valley Telecommunicationscooperative Association Inc Veba Tr
VEBA Trust maintains stable assets with minimal expenses and no reported officer compensation.
EIN: 208631051 · Sioux Falls, SD · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $757K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Valley Telecommunicationscooperative Association Inc Veba Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valley Telecommunicationscooperative Association Inc Veba Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Valley Telecommunicationscooperative Association Inc Veba Tr
Valley Telecommunicationscooperative Association Inc Veba Tr (EIN: 208631051) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code Y43. The organization reported total revenue of $757K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Telecommunicationscooperative Association Inc Veba Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley Telecommunicationscooperative Association Inc Veba Tr is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $12K |
| Surplus / Deficit | +$71K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 85.3% |
| Months of Reserves | 1279.5 months |
Financial Health Grade: A
In 2023, Valley Telecommunicationscooperative Association Inc Veba Tr reported a surplus of $71K with revenue exceeding expenses, holds 1279.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Valley Telecommunicationscooperative Association Inc Veba Tr's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.6% | -91.4% | +5.8% |
| 2022 | -61.3% | -20.8% | -6.5% |
| 2021 | +46.5% | +710.4% | -2.5% |
| 2020 | +89.4% | +143.8% | +6.0% |
| 2019 | -53.7% | -84.1% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Valley Telecommunicationscooperative Association Inc Veba Tr with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Valley Telecommunicationscooperative Association Inc Veba Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, or it is handled in a manner not reported as officer compensation on the 990. This suggests a highly volunteer-driven leadership or a structure where administrative costs are extremely low.
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.
Red Flags
The following concerns were identified during AI analysis of Valley Telecommunicationscooperative Association Inc Veba Tr's IRS 990 filings:
- Lack of detailed program expense breakdown in available data, making it hard to fully assess programmatic efficiency.
Strengths
The following positive indicators were identified for Valley Telecommunicationscooperative Association Inc Veba Tr:
- Consistent financial solvency with zero reported liabilities across all filings.
- Strong asset base, consistently over $1.2 million.
- Zero reported officer compensation, indicating a lean administrative structure or volunteer leadership.
- Low overall expense ratios relative to assets, suggesting efficient management of funds.
- Consistent filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Valley Telecommunicationscooperative Association Inc Veba Tr
Is Valley Telecommunicationscooperative Association Inc Veba Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Valley Telecommunicationscooperative Association Inc Veba Tr (EIN: 208631051) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Valley Telecommunicationscooperative Association Inc Veba Tr spend its money?
Valley Telecommunicationscooperative Association Inc Veba Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Valley Telecommunicationscooperative Association Inc Veba Tr tax-deductible?
Valley Telecommunicationscooperative Association Inc Veba Tr is registered as a tax-exempt nonprofit (EIN: 208631051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Valley Telecommunicationscooperative Association Inc Veba Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Valley Telecommunicationscooperative Association Inc Veba 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 Valley Telecommunicationscooperative Association Inc Veba Tr located?
Valley Telecommunicationscooperative Association Inc Veba Tr is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 208631051. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Valley Telecommunicationscooperative Association Inc Veba Tr have?
Valley Telecommunicationscooperative Association Inc Veba 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 $757K in total revenue.
What is the primary purpose of Valley Telecommunicationscooperative Association Inc Veba Tr?
Based on its NTEE code Y43 (Voluntary Employees' Beneficiary Associations), its primary purpose is likely to provide benefits to employees or members, such as health, welfare, or retirement benefits.
How does the organization manage to have zero officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership is entirely volunteer-based, or any administrative functions are performed without direct compensation to officers from the organization's funds as reported on the 990.
Is the organization financially stable?
Yes, the organization appears financially stable, consistently maintaining assets over $1.2 million with zero reported liabilities across all filings, indicating strong solvency and no debt burden.
Why do revenues and expenses fluctuate so much year-to-year?
Fluctuations in revenue and expenses could be due to the nature of a VEBA, where contributions or investment income (revenue) and benefit payouts or administrative costs (expenses) may vary based on member needs, market performance, or specific trust activities in a given year.
Filing History
IRS 990 filing history for Valley Telecommunicationscooperative Association Inc Veba Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Valley Telecommunicationscooperative Association Inc Veba Tr's revenue has grown by 16.9%, moving from $71K to $83K. Total assets increased by 39.8% over the same period, from $934K to $1.3M. In its most recent filing year (2023), Valley Telecommunicationscooperative Association Inc Veba Tr reported a surplus of $71K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $12K | $1.3M | $0 | — | View 990 |
| 2022 | $56K | $142K | $1.2M | $0 | — | View 990 |
| 2021 | $145K | $179K | $1.3M | $0 | — | — |
| 2020 | $99K | $22K | $1.4M | $0 | — | — |
| 2019 | $52K | $9K | $1.3M | $0 | — | View 990 |
| 2018 | $113K | $57K | $1.2M | $0 | — | View 990 |
| 2017 | $53K | $49K | $1.2M | $0 | — | View 990 |
| 2016 | $-20,999 | $51K | $1.2M | $0 | — | View 990 |
| 2015 | $47K | $57K | $1.2M | $0 | — | View 990 |
| 2014 | $0 | $0 | $1.1M | $0 | — | View 990 |
| 2013 | $48K | $0 | $1.1M | $0 | — | View 990 |
| 2012 | $80K | $0 | $1.0M | $0 | — | View 990 |
| 2011 | $71K | $0 | $934K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $83K, expenses of $12K, and assets of $1.3M (revenue +48.6% year-over-year).
- 2022: Revenue of $56K, expenses of $142K, and assets of $1.2M (revenue -61.3% year-over-year).
- 2021: Revenue of $145K, expenses of $179K, and assets of $1.3M (revenue +46.5% year-over-year).
- 2020: Revenue of $99K, expenses of $22K, and assets of $1.4M (revenue +89.4% year-over-year).
- 2019: Revenue of $52K, expenses of $9K, and assets of $1.3M (revenue -53.7% year-over-year).
- 2018: Revenue of $113K, expenses of $57K, and assets of $1.2M (revenue +112.4% year-over-year).
- 2017: Revenue of $53K, expenses of $49K, and assets of $1.2M.
- 2016: Revenue of $-20,999, expenses of $51K, and assets of $1.2M (revenue -144.5% year-over-year).
- 2015: Revenue of $47K, expenses of $57K, and assets of $1.2M.
- 2014: Revenue of $0, expenses of $0, and assets of $1.1M (revenue -100.0% year-over-year).
- 2013: Revenue of $48K, expenses of $0, and assets of $1.1M (revenue -40.0% year-over-year).
- 2012: Revenue of $80K, expenses of $0, and assets of $1.0M (revenue +12.1% year-over-year).
- 2011: Revenue of $71K, expenses of $0, and assets of $934K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Valley Telecommunicationscooperative Association Inc Veba Tr:
Data Sources and Methodology
This transparency report for Valley Telecommunicationscooperative Association Inc Veba 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.