Civic Intelligence

Ameren Management Health Trust

EIN 04-3294272 • 501(c)9 • Saint Louis, MO

Profile

Provide benefits to eligible members

PO Box 66149 Mc1070Saint Louis, MO 63166

n/A

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

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

501(c)9 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.00x

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

501(c)9 • $250M-$1B nonprofits • Source year 2024

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$41,518

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Asset Growth

71st percentile

9.8%

Faster asset growth than 71% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

145%

Faster revenue growth than 94% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$517,911,649

Up $46,389,491 (+9.8%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$517,911,649

Up $46,389,491 (+9.8%) from 2023

Revenue

Up

$35,532,132

Up $21,049,264 (+145%) from 2023

Expenses

Up

$27,469,186

Up $2,829,877 (+11%) from 2023

Net Income

Up

$8,062,946

Up $18,219,387 (+179%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $164,462,018Liabilities 2010: $891,338Net Assets 2010: $163,570,6802010Assets 2011: $213,578,069Liabilities 2011: $0Net Assets 2011: $213,578,0692011Assets 2012: $251,429,433Liabilities 2012: $0Net Assets 2012: $251,429,4332012Assets 2013: $291,880,482Liabilities 2013: $1,194,363Net Assets 2013: $290,686,1192013Assets 2014: $307,008,788Liabilities 2014: $0Net Assets 2014: $307,008,7882014Assets 2015: $296,306,458Liabilities 2015: $0Net Assets 2015: $296,306,4582015Assets 2016: $299,761,773Liabilities 2016: $0Net Assets 2016: $299,761,7732016Assets 2017: $327,500,439Liabilities 2017: $0Net Assets 2017: $327,500,4392017Assets 2018: $302,147,787Liabilities 2018: $0Net Assets 2018: $302,147,7872018Assets 2019: $352,784,260Liabilities 2019: $114,306Net Assets 2019: $352,669,9542019Assets 2020: $389,546,513Liabilities 2020: $0Net Assets 2020: $389,546,5132020Assets 2021: $434,944,108Liabilities 2021: $0Net Assets 2021: $434,944,1082021Assets 2022: $351,759,752Liabilities 2022: $0Net Assets 2022: $351,759,7522022Assets 2023: $471,522,158Liabilities 2023: $0Net Assets 2023: $471,522,1582023Assets 2024: $517,911,649Liabilities 2024: $0Net Assets 2024: $517,911,6492024

Highlighted filing

2024

Assets$517,911,649
Liabilities$0
Net Assets$517,911,649

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2010: $24,018,747Expenses 2010: $24,595,420Net Income 2010: -$576,6732010Expenses 2011: $20,028,1002011Expenses 2012: $21,901,9692012Revenue 2013: $24,295,620Expenses 2013: $20,409,287Net Income 2013: $3,886,3332013Revenue 2014: $25,182,787Expenses 2014: $23,312,872Net Income 2014: $1,869,9152014Revenue 2015: $18,094,775Expenses 2015: $19,383,465Net Income 2015: -$1,288,6902015Revenue 2016: $16,910,367Expenses 2016: $20,274,968Net Income 2016: -$3,364,6012016Revenue 2017: $17,718,844Expenses 2017: $22,424,525Net Income 2017: -$4,705,6812017Revenue 2018: $19,581,124Expenses 2018: $22,369,173Net Income 2018: -$2,788,0492018Revenue 2019: $17,196,400Expenses 2019: $21,145,210Net Income 2019: -$3,948,8102019Revenue 2020: $11,719,535Expenses 2020: $21,725,277Net Income 2020: -$10,005,7422020Revenue 2021: $64,715,607Expenses 2021: $29,420,598Net Income 2021: $35,295,0092021Revenue 2022: $13,318,475Expenses 2022: $25,255,921Net Income 2022: -$11,937,4462022Revenue 2023: $14,482,868Expenses 2023: $24,639,309Net Income 2023: -$10,156,4412023Revenue 2024: $35,532,132Expenses 2024: $27,469,186Net Income 2024: $8,062,9462024

Highlighted filing

2024

Revenue$35,532,132
Expenses$27,469,186
Net Income$8,062,946

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$518$0.00$518$35.5$27.5$8.06
2023Detailed filing. Detailed filing data is available for this year.$472$0.00$472$14.5$24.6$10.2
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$352$0.00$352$13.3$25.3$11.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$435$0.00$435$64.7$29.4$35.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$390$0.00$390$11.7$21.7$10.0
2019Detailed filing. Detailed filing data is available for this year.$353$0.11$353$17.2$21.1$3.95
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$302$0.00$302$19.6$22.4$2.79
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$328$0.00$328$17.7$22.4$4.71
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$300$0.00$300$16.9$20.3$3.36
2015Detailed filing. Detailed filing data is available for this year.$296$0.00$296$18.1$19.4$1.29
2014Detailed filing. Detailed filing data is available for this year.$307$0.00$307$25.2$23.3$1.87
2013Detailed filing. Detailed filing data is available for this year.$292$1.19$291$24.3$20.4$3.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$251$0.00$251$21.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$214$0.00$214$20.0
2010Summary only. Only limited summary data is available for this year.$164$0.89$164$24.0$24.6$0.58
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
$14,482,868
Mission and Program Overview

Mission

Provide benefits to eligible members

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$351,759,752$471,522,158▲ $119,762,406
Investments in Publicly Traded Securities$343,821,767$463,111,635▲ $119,289,868
Savings and Temporary Cash Investments$6,189,339$6,026,731▼ $162,608
Accounts Receivable$1,748,646$2,383,792▲ $635,146
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$351,759,752$471,522,158▲ $119,762,406
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$351,759,752$471,522,158▲ $119,762,406
Total Liabilities and Net Assets / Fund Balance$351,759,752$471,522,158▲ $119,762,406
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$36,585$36,585

Highest Paid Contractors

ContractorServicesLocationCompensation
Healthy Alliance LifeAdministration1831 CHESTNUT STREET, St Louis, MO 63103$761,011
Nisa Investment Advisors LLCInvestment Mgmt150 NORTH MERAMEC AVE 6TH FL, St Louis, MO 63105$464,736
Nuveen Asset Management LLCInvestment Mgmt333 W WACKER DR, Chicago, IL 60606$259,717
Businessolvercom INCInvestment Mgmt1025 ASHWORTH RD STE 101, West Des Moines, IA 50265$192,177
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,335,023
Investment Income
$11,147,845
Other Revenue
$0
Change in Net Assets
$-10,156,441
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,956,974
Salaries, Compensation, and Employee Benefits$36,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$22,645,750
Fees for Services Other---$1,216,195
Fees for Service Investment Mgmnt Fees---$724,453
Current Officers, Directors, Trustees, and Key Employees---$36,585
Fees for Services Accounting---$16,326
Total Functional Expenses$0$0$0$24,639,309
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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, Line 15 Determination of Compensation

The organization does not have officers or key employees that receive compensation. Therefore, this question is not applicable and has been answered "no" in accordance with the form 990 instructions.

Form 990, Part VI, Line 1A Delegate broad authority to A committee

As stated in the Plan Documents, the Administrative Committee is charged with overseeing the administration of the Plan. The Administrative Committee has the full power, authority and responsibility as "plan administrator "named fiduciary" under ERISA with response to the general administration of the Plan. The committee shall be led by a Chairperson who shall be the Chief Human Resources Officer, or if no such position exists, the Assistant Vice President - Corporate Human Resources. The Chairperson of the Administrative Committee shall be responsible for leadership of the Administrative Committee, and shall have the powers and duties incident to that position, including but not limited to setting agendas for meetings, presiding at such meetings, delegating authority to other members to lead meetings and appointing members to the Committee. The Chairperson of the Administrative Committee shall appoint at least four, but no more than eight persons to serve as members of the Administrative Committee. The Chairperson shall also appoint a secretary who need not be a member of the Administrative Committee to prepare and maintain minutes of meetings and other records of the Administrative Committee.

Form 990, Part VI, Line 8A Documentation of meetings held by governing body

Bny mellon is the institutional trustee of this voluntary employees' beneficiary association under irc 501(c)(9) formed to fund certain welfare benefits of current and former employees of ameren corporation. There are no meetings of the governing body or committees to document.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is reviewed internally by the investment trust department of ameren corporation prior to filing with the irs.

Form 990, Part VI, Line 19 Required documents available to the public

Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104.

Form 990, Part VII, Section A AVERAGE HOURS PER WEEK

The bank of new york mellon provides directed trustee services for ameren management health trust. These services require numerous individual bank employees' involvement in the activities of the organization and thus cannot be quantified on an hourly basis. Therefore, the trustee's fees are not based upon an hourly basis but are calculated based upon factors such as the market value of the account and in accordance with the bank of new york mellon's agreement with ameren corporation.

Form 990, Part VI, Sections A & B, Lines 8, 12-15 Governing Body & Mgmt/ Policies

These questions are not applicable to the trust. Additionally, the trust does not have any employees. Therefore, no processes related to employee compensation are in place.

Filing and Contact Details

Filer

Filer Name
Ameren Management Health Trust
EIN
04-3294272
Phone
3145542400
Address
PO BOX 66149 MC1070, SAINT LOUIS, MO 63166

Signing Officer

Name
Darryl Sagel
Title
Vice President and Treasurer
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Crowe Llp
Address
231 S Bemiston Ave Suite 800, Clayton, MO 63105
Preparer
Steve Lenivy
Phone
3148022000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Transfer in from plan administrator - 68650502;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2023, and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. 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 it is no longer subject to income tax examinations for years prior to 2020.

Raw XML Appendix342 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
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IRS990/BenefitsToMembersGrp/TotalAmt022645750
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DARRYL SAGEL
IRS990/BooksInCareOfDetail/PhoneNum03145544108
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01901 Chouteau Ave
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IRS990/CntrctRcvdGreaterThan100KCnt04
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IRS990/ContractorCompensationGrp/CompensationAmt0761011
IRS990/ContractorCompensationGrp/CompensationAmt1464736
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IRS990/ContractorCompensationGrp/CompensationAmt3192177
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1150 NORTH MERAMEC AVE 6TH FL
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd350265
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1NISA INVESTMENT ADVISORS LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2NUVEEN ASSET MANAGEMENT LLC
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
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IRS990/FeesForServicesAccountingGrp/TotalAmt016326
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt036585
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2023, and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. 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 it is no longer subject to income tax examinations for years prior to 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION. THEREFORE, THIS QUESTION IS NOT APPLICABLE AND HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1As stated in the Plan Documents, the Administrative Committee is charged with overseeing the administration of the Plan. The Administrative Committee has the full power, authority and responsibility as "plan administrator "named fiduciary" under ERISA with response to the general administration of the Plan. The committee shall be led by a Chairperson who shall be the Chief Human Resources Officer, or if no such position exists, the Assistant Vice President - Corporate Human Resources. The Chairperson of the Administrative Committee shall be responsible for leadership of the Administrative Committee, and shall have the powers and duties incident to that position, including but not limited to setting agendas for meetings, presiding at such meetings, delegating authority to other members to lead meetings and appointing members to the Committee. The Chairperson of the Administrative Committee shall appoint at least four, but no more than eight persons to serve as members of the Administrative Committee. The Chairperson shall also appoint a secretary who need not be a member of the Administrative Committee to prepare and maintain minutes of meetings and other records of the Administrative Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BNY MELLON IS THE INSTITUTIONAL TRUSTEE OF THIS VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION UNDER IRC 501(C)(9) FORMED TO FUND CERTAIN WELFARE BENEFITS OF CURRENT AND FORMER EMPLOYEES OF AMEREN CORPORATION. THERE ARE NO MEETINGS OF THE GOVERNING BODY OR COMMITTEES TO DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED INTERNALLY BY THE INVESTMENT TRUST DEPARTMENT OF AMEREN CORPORATION PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BANK OF NEW YORK MELLON PROVIDES DIRECTED TRUSTEE SERVICES FOR AMEREN MANAGEMENT HEALTH TRUST. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE'S FEES ARE NOT BASED UPON AN HOURLY BASIS BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH AMEREN CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFER IN FROM PLAN ADMINISTRATOR - 68650502;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THESE QUESTIONS ARE NOT APPLICABLE TO THE TRUST. ADDITIONALLY, THE TRUST DOES NOT HAVE ANY EMPLOYEES. THEREFORE, NO PROCESSES RELATED TO EMPLOYEE COMPENSATION ARE IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 15 Determination of Compensation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 1a Delegate broad authority to a committee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8a Documentation of meetings held by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII, Section A AVERAGE HOURS PER WEEK
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9 Other changes in net assets or fund balances
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTIONS A & B, LINES 8, 12-15 GOVERNING BODY & MGMT/ POLICIES
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CROWE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0231 S Bemiston Ave Suite 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clayton
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE LENIVY
ReturnHeader/ReturnTs02024-11-14T10:11:04+00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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