Veba Trust Agreement for Ohio Education Association Group Benefit Plan
Nonprofit profile at a glance
- EIN
- 316681181
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Columbus, OH, USA
- Phone
- 6142273102
- Rating confidence
- Limited
- Sector
- Voluntary Employees Beneficiary Associations (Non-Government)
Reported finances
- Revenue
- $10,381,528
- Expenses
- $8,333,312
- Assets
- $31,987,686
- Liabilities
- $15,941
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- PATRICIA COLLINS MURDOCK (EXECUTIVE DIRECTOR (TERM 12/31/24))
- AIRICA CLAY (EXECUTIVE DIRECTOR (START 01/01/25))
- SCOTT DIMAURO (PRESIDENT (TERM 07/14/25))
- JEFF WENSING (PRESIDENT (START 07/15/25))
- DAN GREENBURG (VICE PRESIDENT (START 07/15/25))
Highest reported compensation
- SCOTT DIMAURO (PRESIDENT (TERM 07/14/25)): $293,242 total reported compensation
- PATRICIA COLLINS MURDOCK (EXECUTIVE DIRECTOR (TERM 12/31/24)): $289,457 total reported compensation
- AIRICA CLAY (EXECUTIVE DIRECTOR (START 01/01/25)): $286,186 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide benefits to participants.
What it reported doing in 2024
To fund various health, life, dental, vision, disability, and accidental death and dismemberment benefits to participants.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 60
- Accountability: 28
- Sustainability: 81
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.7%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 3.84; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 11th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $293K · 8 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $629K reported
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.