Civic Intelligence

Retiree Med & Life Ins Plan for Former Consumers & Amer Water Employees

EIN 01-0520871 • 501(c)9 • Bryn Mawr, PA

Profile

Provide for payment of benefit premiums for managed care and prescription drug benefits for retirees.

762 W Lancaster AvenueBryn Mawr, PA 19010

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

22nd percentile

-7.0%

Higher net margin than 22% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$13,832

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Asset Growth

27th percentile

-4.8%

Faster asset growth than 27% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

320%

Faster revenue growth than 98% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$7,076,190

Down $359,325 (-4.8%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$7,076,190

Down $359,325 (-4.8%) from 2023

Operations
Liabilities / Revenue38th percentileNet Margin22nd percentile

Revenue

Up

$1,217,301

Up $927,188 (+320%) from 2023

Expenses

Up

$1,303,037

Up $774,684 (+147%) from 2023

Net Income

Up

-$85,736

Up $152,504 (+64%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $3,693,414Liabilities 2010: $0Net Assets 2010: $3,693,4142010Assets 2011: $3,894,012Liabilities 2011: $0Net Assets 2011: $3,894,0122011Assets 2012: $8,416,127Liabilities 2012: $0Net Assets 2012: $8,416,1272012Assets 2013: $8,889,087Liabilities 2013: $0Net Assets 2013: $8,889,0872013Assets 2014: $8,967,088Liabilities 2014: $0Net Assets 2014: $8,967,0882014Assets 2015: $8,914,300Liabilities 2015: $0Net Assets 2015: $8,914,3002015Assets 2016: $8,620,908Liabilities 2016: $0Net Assets 2016: $8,620,9082016Assets 2017: $7,717,800Liabilities 2017: $0Net Assets 2017: $7,717,8002017Assets 2018: $7,023,437Liabilities 2018: $0Net Assets 2018: $7,023,4372018Assets 2019: $6,892,642Liabilities 2019: $0Net Assets 2019: $6,892,6422019Assets 2020: $6,285,618Liabilities 2020: $0Net Assets 2020: $6,285,6182020Assets 2021: $9,272,786Liabilities 2021: $142,198Net Assets 2021: $9,130,5882021Assets 2022: $6,959,340Liabilities 2022: $245,280Net Assets 2022: $6,714,0602022Assets 2023: $7,435,515Liabilities 2023: $0Net Assets 2023: $7,435,5152023Assets 2024: $7,076,190Liabilities 2024: $0Net Assets 2024: $7,076,1902024

Highlighted filing

2024

Assets$7,076,190
Liabilities$0
Net Assets$7,076,190
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $617,251Expenses 2010: $359,102Net Income 2010: $258,1492010Revenue 2011: $546,794Expenses 2011: $346,527Net Income 2011: $200,2672011Revenue 2012: $5,118,573Expenses 2012: $595,397Net Income 2012: $4,523,1762012Revenue 2013: $1,007,166Expenses 2013: $529,497Net Income 2013: $477,6692013Revenue 2014: $808,788Expenses 2014: $731,508Net Income 2014: $77,2802014Revenue 2015: $700,774Expenses 2015: $750,102Net Income 2015: -$49,3282015Revenue 2016: $533,216Expenses 2016: $824,619Net Income 2016: -$291,4032016Revenue 2017: $2,308,152Expenses 2017: $3,401,661Net Income 2017: -$1,093,5092017Revenue 2018: $323,335Expenses 2018: $1,006,837Net Income 2018: -$683,5022018Revenue 2019: $260,015Expenses 2019: $381,669Net Income 2019: -$121,6542019Revenue 2020: $418,462Expenses 2020: $1,017,763Net Income 2020: -$599,3012020Revenue 2021: $618,579Expenses 2021: $620,148Net Income 2021: -$1,5692021Revenue 2022: $286,871Expenses 2022: $508,835Net Income 2022: -$221,9642022Revenue 2023: $290,113Expenses 2023: $528,353Net Income 2023: -$238,2402023Revenue 2024: $1,217,301Expenses 2024: $1,303,037Net Income 2024: -$85,7362024

Highlighted filing

2024

Revenue$1,217,301
Expenses$1,303,037
Net Income-$85,736
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$7,076,190
Liabilities
$0
Net assets
$7,076,190
Revenue
$1,217,301
Expenses
$1,303,037
Net income
-$85,736
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.08$0.00$7.08$1.22$1.30$0.09
2023Detailed filing. Detailed filing data is available for this year.$7.44$0.00$7.44$0.29$0.53$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$0.25$6.71$0.29$0.51$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.27$0.14$9.13$0.62$0.62$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$0.00$6.29$0.42$1.02$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.89$0.00$6.89$0.26$0.38$0.12
2018Summary only. Only limited summary data is available for this year.$7.02$0.00$7.02$0.32$1.01$0.68
2017Summary only. Only limited summary data is available for this year.$7.72$0.00$7.72$2.31$3.40$1.09
2016Summary only. Only limited summary data is available for this year.$8.62$0.00$8.62$0.53$0.82$0.29
2015Summary only. Only limited summary data is available for this year.$8.91$0.00$8.91$0.70$0.75$0.05
2014Summary only. Only limited summary data is available for this year.$8.97$0.00$8.97$0.81$0.73$0.08
2013Summary only. Only limited summary data is available for this year.$8.89$0.00$8.89$1.01$0.53$0.48
2012Summary only. Only limited summary data is available for this year.$8.42$0.00$8.42$5.12$0.60$4.52
2011Summary only. Only limited summary data is available for this year.$3.89$0.00$3.89$0.55$0.35$0.20
2010Summary only. Only limited summary data is available for this year.$3.69$0.00$3.69$0.62$0.36$0.26
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$404,208
Mission and Program Overview

Mission

Premiums for medical, dental and life insurance

Provide for payment or benefit premiums for managed care & prescription drug benefits for retirees

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,714,060$7,435,515▲ $721,455
Investments Other Securities$6,432,473$7,157,260▲ $724,787
Savings and Temporary Cash Investments$396,063$271,354▼ $124,709
Cash and Non-Interest-Bearing Accounts$5,327$5,551▲ $224
Accounts Receivable$125,477$1,350▼ $124,127
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,959,340$7,435,515▲ $476,175
Liabilities
Other Liabilities$200,000$0▼ $200,000
Accounts Payable and Accrued Expenses$45,280--
Total Liabilities$245,280$0▼ $245,280
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,714,060$7,435,515▲ $721,455
Total Liabilities and Net Assets / Fund Balance$6,959,340$7,435,515▲ $476,175

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$7,157,260--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleBaseTotal
Christopher LuningInstitutional Trustee$5,306$5,306

Board Members and Trustees

NameTitle
Daniel SchullerChairman and CEO
Michael HuwarPresident, Aqua
Matthew Rhodes Evp ofPresident, Peoples Natural Gas
Christopher FranklinController
Christina KellyExec. VP, CFO
Robert a RubinExec. VP, Counsel, Secreta
Colleen ArnoldSr. VP., Chief Hr Officer
-Strategy & Corporate Development
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,754
Investment Income
$285,359
Other Revenue
$0
Change in Net Assets
$-238,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$481,606
Fees for Services Other---$33,522
Fees for Services Accounting---$12,312
Fees for Services Legal---$913
Total Functional Expenses$0$0$0$528,353
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Business relationships: christopher luning, robert rubin, christopher franklin, daniel schuller, christina kelly, colleen arnold, michael huwar, matthew rhodes”

Form 990, Part VI, Section A, Line 7A

“All of the individual officers are employees of essential utilities, inc., the plan sponsor and fiduciary. They serve on the retirement and benefits committee by virtue of their positions with the plan sponsor.”

Form 990, Part VI, Section A, Line 8B

“When decisions are made, they are documented in the permanent record.”

Form 990, Part VI, Section B, Line 11B

“The return is reviewed by the essential utilities retirement and benefits committee or their designees. Then it is reviewed and signed by an authorized officer. The form 990 document will be available for all members after it has been filed with the u.s. Treasury. Upon filing, the document is available to all members upon request.”

Form 990, Part VI, Section C, Line 19

“The documents are available for review per treasury regulation section 301-6104 (d) 1-4.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Bny mellon - 240 greenwich street, new york city, ny 10007.”

Filing and Contact Details

Filer

Filer Name
Veba for Former Consumers and American
EIN
01-0520871
Phone
8888663275
Address
762 W LANCASTER AVENUE, BRYN MAWR, PA 19010

Signing Officer

Name
Stephen Eagland
Title
Controller
Phone
8888663275
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Rubin
Formed
1997
Legal Domicile
Nj
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Erin F Wood
Phone
4122613644
Supplemental Narrative

Additional Explanations

From 990, Part XII, Line 2C

“The trust has a committee that assumes responsibility for oversight of the audit of its financial statements and its selection of the independent accountant. The selection and oversight process did not change from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The veba trusts funding certain benefits of the plan received exemption letters from the internal revenue service (irs) dated march 7, 1996, july 26, 1996, november 7, 1998 and april 22, 2014, stating that the trusts are tax-exempt under the provisions of section 501(c)(9) of the irc. However, as a result of the plan's funding policy, from time to time the trusts may be subject to income taxes. While federal income taxes have been recorded in 2023 and 2022 for unrelated business taxable income, no state income taxes have been recorded for unrelated business taxable income. In addition, the plan and the trusts are required to operate in conformity with the irc to maintain the tax-exempt status of the trusts. Although the plan has been amended since receiving the exemption letter, the plan administrator believes that the plan is being operated in compliance with the applicable requirements of the irc and, therefore, believes that the related trusts are tax-exempt. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the plan and recognize a tax liability if the plan has taken an unrelated position that more likely than not would not be sustained upon examination by the irs. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes that the plan is no longer subject to income tax examinations for years prior to 2020.”

Raw XML Appendix372 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045280
IRS990/AccountsReceivableGrp/BOYAmt0125477
IRS990/AccountsReceivableGrp/EOYAmt01350
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE FOR PAYMENT OR BENEFIT PREMIUMS FOR MANAGED CARE & PRESCRIPTION DRUG BENEFITS FOR RETIREES
IRS990/AddressChangeInd0X
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt0481606
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AQUA PENNSYLVANIA INC
IRS990/BooksInCareOfDetail/PhoneNum06106454202
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0762 W LANCASTER AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRYN MAWR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019010
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt05327
IRS990/CashNonInterestBearingGrp/EOYAmt05551
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0481606
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0285359
IRS990/CYOtherExpensesAmt046747
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04754
IRS990/CYRevenuesLessExpensesAmt0-238240
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0528353
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0290113
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE FOR PAYMENT OR BENEFIT PREMIUMS FOR MANAGED CARE AND PRESCRIPTION DRUG BENEFITS FOR RETIREES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt012312
IRS990/FeesForServicesLegalGrp/TotalAmt0913
IRS990/FeesForServicesOtherGrp/TotalAmt033522
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0BNY MELLON
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISTOPHER LUNING
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT A RUBIN
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTOPHER FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm3DANIEL SCHULLER
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTINA KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm5COLLEEN ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL HUWAR
IRS990/Form990PartVIISectionAGrp/PersonNm7MATTHEW RHODES EVP OF
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05306
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0INSTITUTIONAL TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXEC. VP, COUNSEL, SECRETA
IRS990/Form990PartVIISectionAGrp/TitleTxt2CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXEC. VP, CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt5SR. VP., CHIEF HR OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT, AQUA
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT, PEOPLES NATURAL GAS
IRS990/Form990PartVIISectionAGrp/TitleTxt8STRATEGY & CORPORATE DEVELOPMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt085905
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0200000
IRS990/GrossReceiptsAmt0404208
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0199454
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0199454
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06432473
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07157260
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0114095
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE FOR PAYMENT OF BENEFIT PREMIUMS FOR MANAGED CARE AND PRESCRIPTION DRUG BENEFITS FOR RETIREES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt06714060
IRS990/NetAssetsOrFundBalancesEOYAmt07435515
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt085905
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt085905
IRS990/NetUnrelatedBusTxblIncmAmt0233873
IRS990/NetUnrlzdGainsLossesInvstAmt0838882
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt0200000
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT RUBIN
IRS990/PriorPeriodAdjustmentsAmt0120813
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PLAN ADMIN CONTRIBS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04754
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04754
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0383688
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0286615
IRS990/PYOtherExpensesAmt0124739
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0256
IRS990/PYRevenuesLessExpensesAmt0-221964
IRS990/PYSalariesCompEmpBnftPaidAmt0408
IRS990/PYTotalExpensesAmt0508835
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0286871
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-238240
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06714060
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07435515
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0396063
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0271354
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07157260
IRS990ScheduleD/OtherSecuritiesGrp/Desc0US FIXED INCOME FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA TRUSTS FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED EXEMPTION LETTERS FROM THE INTERNAL REVENUE SERVICE (IRS) DATED MARCH 7, 1996, JULY 26, 1996, NOVEMBER 7, 1998 AND APRIL 22, 2014, STATING THAT THE TRUSTS ARE TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE IRC. HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUSTS MAY BE SUBJECT TO INCOME TAXES. WHILE FEDERAL INCOME TAXES HAVE BEEN RECORDED IN 2023 AND 2022 FOR UNRELATED BUSINESS TAXABLE INCOME, NO STATE INCOME TAXES HAVE BEEN RECORDED FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUSTS ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUSTS. ALTHOUGH THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE EXEMPTION LETTER, THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUSTS ARE TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNRELATED POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt07157260
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS RELATIONSHIPS: CHRISTOPHER LUNING, ROBERT RUBIN, CHRISTOPHER FRANKLIN, DANIEL SCHULLER, CHRISTINA KELLY, COLLEEN ARNOLD, MICHAEL HUWAR, MATTHEW RHODES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OF THE INDIVIDUAL OFFICERS ARE EMPLOYEES OF ESSENTIAL UTILITIES, INC., THE PLAN SPONSOR AND FIDUCIARY. THEY SERVE ON THE RETIREMENT AND BENEFITS COMMITTEE BY VIRTUE OF THEIR POSITIONS WITH THE PLAN SPONSOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN DECISIONS ARE MADE, THEY ARE DOCUMENTED IN THE PERMANENT RECORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN IS REVIEWED BY THE ESSENTIAL UTILITIES RETIREMENT AND BENEFITS COMMITTEE OR THEIR DESIGNEES. THEN IT IS REVIEWED AND SIGNED BY AN AUTHORIZED OFFICER. THE FORM 990 DOCUMENT WILL BE AVAILABLE FOR ALL MEMBERS AFTER IT HAS BEEN FILED WITH THE U.S. TREASURY. UPON FILING, THE DOCUMENT IS AVAILABLE TO ALL MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAILABLE FOR REVIEW PER TREASURY REGULATION SECTION 301-6104 (D) 1-4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BNY MELLON - 240 GREENWICH STREET, NEW YORK CITY, NY 10007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TRUST HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THE SELECTION AND OVERSIGHT PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FROM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0WATER UTILITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1WATER AND NATURAL GAS UTILITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0AQUA PENNSYLVANIA INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1ESSENTIAL UTILITIES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0762 W LANCASTER AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1762 W LANCASTER AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BRYN MAWR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1BRYN MAWR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd019010
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd119010
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06959340
IRS990/TotalAssetsEOYAmt07435515
IRS990/TotalAssetsGrp/BOYAmt06959340
IRS990/TotalAssetsGrp/EOYAmt07435515
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0528353
IRS990/TotalGrossUBIAmt0285359
IRS990/TotalLiabilitiesBOYAmt0245280
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0245280
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06714060
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07435515
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt04754
IRS990/TotalReportableCompFromOrgAmt05306
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04754
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0290113
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0285359
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06959340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07435515
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0762 W LANCASTER AVENUE
IRS990/USAddress/CityNm0BRYN MAWR
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019010
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN EAGLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum08888663275
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VEBA FOR FORMER CONSUMERS AND AMERICAN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WATER EMPLOYEES
ReturnHeader/Filer/BusinessNameControlTxt0VEBA
ReturnHeader/Filer/EIN0010520871
ReturnHeader/Filer/PhoneNum08888663275
ReturnHeader/Filer/USAddress/AddressLine1Txt0762 W LANCASTER AVENUE
ReturnHeader/Filer/USAddress/CityNm0BRYN MAWR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019010
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251408703
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHNEIDER DOWNS & CO INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE PPG PLACE SUITE 1700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSBURGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015222
ReturnHeader/PreparerPersonGrp/PhoneNum04122613644
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN F WOOD
ReturnHeader/ReturnTs02024-11-15T08:02:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)9 • $5M-$10M nonprofits