Vic Davis Construction Inc Voluntary Employee Benefits Assoc

Nonprofit profile at a glance

EIN
262597913
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Kingsport, TN, USA
Phone
4232467281
Rating confidence
Limited
Sector
Insurance Providers

Reported finances

Expenses
$5,262
Assets
$2,549
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • D VIC DAVIS (PRES. & TRUSTEE)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This veba trust was created for the purpose of providing funds to its participants for the payment of health, medical, hospital, surgical, dental, or vision care expenses, including insurance premiums, deductible amounts or co-payments.

What it reported doing in 2024

This veba trust was created for the purpose of providing funds to its participants for the payment of health, medical, hospital, surgical, dental or vision care expense, including insurance premiums, deductiable amounts and co-payments

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

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: 38
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0.48; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 66th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • 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: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.