Hy-vee Employee Benefit Plan Tr
501(c)(9)
Only null% goes to programs Thin reserves
Hy-vee Employee Benefit Plan Tr is a 501(c)(9) organization based in Wdm, Iowa, registered in 1982, with $213,249,431 in FY2023 revenue. CharityIndex grades it C+.
5820 Westown Pkwy, Wdm, IA, 50266 EIN 42-1170511 Since 1982
Revenue (FY2023)
$213.2M
▼ 1.8% vs prior year
Expenses (FY2023)
$217.8M
Net assets
-$410K
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hy-vee Employee Benefit Plan Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hy-vee Employee Benefit Plan Tr: 0 mo reserves · -2% margin earns a D on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hy-vee Employee Benefit Plan Tr: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hy-vee Employee Benefit Plan Tr: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
It is the mission of the hy-vee and affiliates benefit plan to make employee's lives easier, healthier, and happier by providing for the health and related benefit needs of the adopting companies' employees and their dependents.
Contact & location
Financial trends
Revenue grew from $200.3M (FY2019) to $213.2M (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $27.6MNet assets -$410K
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$27.2M
Total liabilities
$27.6M
Net assets
-$410K
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $213,249,431▼1.8% | $217,804,467▲5.7% | -$409,530▼105% | $27,178,762▼15.6% | 990 |
| 2022 | $217,149,390▲5.7% | $206,035,365▼2.2% | $7,846,221▲310% | $32,189,368▲37.2% | 990 |
| 2021 | $205,365,119▲1.2% | $210,689,163▲3.2% | -$3,737,446▼315% | $23,465,030▼16.5% | 990 |
| 2020 | $202,937,537▲1.3% | $204,171,537▲2.3% | $1,740,671▼70.8% | $28,091,611▼5.9% | 990 |
| 2019 | $200,252,040 | $199,518,249 | $5,967,930 | $29,863,544 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Schreiner | Trustee | 1 | — |
| Kristine Jones | Trustee | 1 | — |
| Michael Jurgens | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Wellmark Inc | Contract Administrator | $6,893,592 |
| Umr Inc | Contract Administrator | $2,029,659 |
| Vivid Clear Rx | Administrator | $752,790 |
| Delta Dental | Administrator | $695,111 |
| Aplos Health Plans Inc | Administrator | $548,332 |
Frequently asked questions
- Is Hy-vee Employee Benefit Plan Tr a legitimate nonprofit?
- Yes. Hy-vee Employee Benefit Plan Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 42-1170511, based in Wdm, Iowa.
- What is Hy-vee Employee Benefit Plan Tr's EIN?
- Hy-vee Employee Benefit Plan Tr's Employer Identification Number (EIN) is 42-1170511.
- How much revenue does Hy-vee Employee Benefit Plan Tr report?
- Hy-vee Employee Benefit Plan Tr reported $213,249,431 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hy-vee Employee Benefit Plan Tr have?
- CharityIndex grades Hy-vee Employee Benefit Plan Tr C+, based on financial health (reserves and operating margin).
- How much does Hy-vee Employee Benefit Plan Tr's highest-paid employee make?
- The highest reported compensation on Hy-vee Employee Benefit Plan Tr's latest Form 990 is $0, paid to Andrew Schreiner (Trustee).
More nonprofits in Wdm
Explore more
Data for Hy-vee Employee Benefit Plan Tr (EIN 42-1170511) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.