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Filing year 2024

EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY

Clinton, Iowa·EIN 36-7627415·NTEE Y20 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$664k
Total assets
$2.2M
Total expenses
$497
Reported officers
2
Mission

THE TRUST HAS BEEN ESTABLISHED TO PROVIDE ACTIVE AND FORMER EMPLOYEES WITH HEALTH REIMBURSEMENT BENEFITS AS SET FORTH IN THE RELATED PLAN AND TO PROVIDE PAYMENT FOR HEALTH EXPENSES AS PERMITTED BY SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
10th to 25th percentile
$750
$807
Trustee
Board Member
Below 10th percentile
$6
$6

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY equaled 151% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
151%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 144%.

$750 in 2023 to $750 in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$272k
$10
2023
$664k
$497
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY

What does the Board Member of EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY earn?

In 2024, the Board Member of EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY received $750 in total compensation. This pay is in the bottom quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY falls between the 10th and 25th percentiles. In 2024, the highest total compensation at EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY equaled 151% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY's revenue and expenses?

In 2024, EMPLOYER CONTRIBUTION VEBA TRUST COLGATE UNIVERSITY reported $664k in total revenue and $497 in total expenses on its IRS Form 990.

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