Public Charity

VISIONARY SCHOOLS BENEFIT PLAN

VISIONARY SCHOOLS BENEFIT PLAN is a nonprofit organization categorized as Public Charity based in SCHAUMBURG, IL. Its most recent IRS filing (2024) reports revenue of $12.4M, expenses of $11.9M, total assets of $980K.

EIN: 476908131 SCHAUMBURG, IL Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2024
Total Revenue$12.4M
Total Expenses$11.9M
Total Assets$980K
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE A DEFINED CONTRIBUTION HEALTH AND WELFARE PLAN COVERINGSUBSTANTIALLY ALL FULL-TIME EMPLOYEES OF THE PARTICIPATING SCHOOLS OFTHE ASSOCIATION OF VISIONARY SCHOOLS.

Where $100 goes at Visionary Schools Benefit Plan

How Visionary Schools Benefit Plan divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To provide a defined contribution health and welfare plan coveringsubstantially all full-time employees of the participating schools ofthe association of visionary schools
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Abdurrahman Akkurek
SECRETARY Alysse Pennington
VICE PRESIDENT Jessica Shoaf
PRESIDENT Mustafa Ada
TREASURER Ugur Zengince

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $12.4M $11.9M $980K
2023 $9.9M $10.3M $1.3M
2022 $8.1M $7.6M $608K
2020 $6.0M $6.0M $396K
2019 $5.9M $6.0M $310K

Between 2019 and 2024, reported annual revenue grew from $5.9M to $12.4M (+109%), with total assets most recently reported at $980K.

Interactive year-over-year charts and full filing details available with membership.

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