League of Mn Cities Veba Health Savings Trust
Nonprofit profile at a glance
- EIN
- 208610890
- IRS 990-EZ coverage
- 2016–2021
- Forms available
- Form 990-EZ 2021
- Location
- St Paul, MN, USA
- Phone
- 6512811202
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Voluntary Employees Beneficiary Associations (Government)
Reported finances
- Revenue
- $32,254
- Expenses
- $23,434
- Assets
- $92,804
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- DONYELLE MIKACEVICH (HR MANAGER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fund health reimbursement arrangement benefits.
What it reported doing in 2021
Health reimbursement arrangement funded by organization had participants who received medical care reimbursement in the amount of 23,281. Expenses related to the investment of trust funds totaled 153.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 99% of its reported program spending for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.1%; rating input score 72
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27.3%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 3.96; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -15.9% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -3.1% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 72.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2016 to 2021
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.