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Nonprofit · EIN 47-6908131

VISIONARY SCHOOLS TR

Also known as ALI YILMAZ TTEE

Tax-exempt (reinstated) · SCHAUMBURG, IL 60173

Financials

$9.9M$10.3M2023$12.4M$11.9M2024
Revenue Expenses · by fiscal year end
Financials of VISIONARY SCHOOLS TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,393,991$11,935,759$458,232$980,409$120,199$860,210
December 31, 2023990$9,918,595$10,275,452-$356,857$1,311,954$909,976$401,978
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$12,393,991
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$11,926,786
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$1,311,954
Total assets, end of year
$980,409
Total liabilities, end of year
$120,199
Net assets, end of year
$860,210
Gross receipts
$12,393,991
Employees
0
Volunteers
5
Year formed
2015
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MUSTAFA ADAPRESIDENT
Trustee or director, Officer
1$0
JESSICA SHOAFVICE PRESIDENT
Trustee or director, Officer
1$0
ALYSSE PENNINGTONSECRETARY
Trustee or director, Officer
1$0
UGUR ZENGINCETREASURER
Trustee or director, Officer
1$0
ABDURRAHMAN AKKUREKBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MUSTAFA ADAPRESIDENT
Trustee or director, Officer
1$0
JESSICA SHOAFVICE PRESIDENT
Trustee or director, Officer
1$0
ALYSSE PENNINGTONSECRETARY
Trustee or director, Officer
1$0
UGUR ZENGINCETREASURER
Trustee or director, Officer
1$0
ABDURRAHMAN AKKUREKBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1336 BASSWOOD RD, SCHAUMBURG, IL 60173-4544
Principal officer (990 for 2024)
JOHN AYTEKIN, 1336 BASSWOOD ROAD, SCHAUMBURG, IL 60173
Signed the 990
JOHN AYTEKIN, CEO/TRUSTEE
Phone
(847) 824-3380
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

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

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-6908131
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$980,409
Income (IRS master file)
$12,393,991

Revocation and reinstatement

Exemption revoked
May 15, 2018
Posted by the IRS
August 13, 2018
Reinstated
Effective May 15, 2018

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,393,991$11,935,759$980,409XML
990December 2023$9,918,595$10,275,452$1,311,954XML
990December 2022$8,123,513$7,564,243$608,017IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-6908131).

Questions about VISIONARY SCHOOLS TR

What is the EIN of VISIONARY SCHOOLS TR?
The employer identification number (EIN) of VISIONARY SCHOOLS TR is 47-6908131.
Is VISIONARY SCHOOLS TR tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
Are donations to VISIONARY SCHOOLS TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VISIONARY SCHOOLS TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VISIONARY SCHOOLS TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VISIONARY SCHOOLS TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VISIONARY SCHOOLS TR?
The 990 for the year ended December 31, 2024 names JOHN AYTEKIN.
Who are the officers and directors of VISIONARY SCHOOLS TR?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does VISIONARY SCHOOLS TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,393,991, expenses of $11,935,759 and total assets of $980,409 at year end.

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