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Filing year 2024

WAVERLY C WORKMAN TRUST UW 1020001514

Champaign, Illinois·EIN 27-6370909
Total revenue
$1.1M
Total assets
$8.3M
Total expenses
$353k
Reported officers
1
Mission

TRUST ESTABLISHED UNDER THE TERMS OF THE WILL OF WAVERLY C. WORKMAN. ACCORDING TO THE PROVISIONS IN THE WILL, THE TRUSTEE WILL LEASE AND MANAGE THE FARM LAND REAL ESTATE. THE TRUSTEE SHALL DISTRIBUTE THE NET INCOME ANNUALLY FROM SAID FARM LAND AFTER NECESSARY EXPENSES AND INCLUDING A REASONABLE RESERVE FUND FOR THE NEXT CROP YEAR, 1/3 EACH TO THE FOLLOWING NON-PROFIT ORGANIZATIONS:1) ILLINOIS CHURCHES IN ACTION, 2)ILLINOIS GREAT RIVERS ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH. CONFERENCE BOARD OF GLOBAL MINISTRIES AND 3)CONFERENCE BOARD OF ORDAINED MINISTRY, WHICH SHALL DISTRIBTE SAID FUNDS AS SCHOLARSHIPS OR GRANTS FOR ILLIOIS MINISTERIAL STUDENTS TO ATTEND METHODIST/WESLEYAN SEMINARIES.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Trustee
Board Member
25th percentile to median
$10k
$11k

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.

Pay for the position

Board Member pay rose 931% from 2023 to 2024, while revenue rose 228%.

$1k in 2023 to $10k 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

WAVERLY C WORKMAN TRUST UW 1020001514 reported revenue and expenses across 2 filing years.

RevenueExpenses
$331k
$355k
2023
$1.1M
$353k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WAVERLY C WORKMAN TRUST UW 1020001514

What does the Board Member of WAVERLY C WORKMAN TRUST UW 1020001514 earn?

In 2024, the Board Member of WAVERLY C WORKMAN TRUST UW 1020001514 received $10,306 in total compensation. This pay is below the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WAVERLY C WORKMAN TRUST UW 1020001514 compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at WAVERLY C WORKMAN TRUST UW 1020001514 falls between the 25th percentile and the median.

What are WAVERLY C WORKMAN TRUST UW 1020001514's revenue and expenses?

In 2024, WAVERLY C WORKMAN TRUST UW 1020001514 reported $1.1M in total revenue and $353k in total expenses on its IRS Form 990.

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