Civic Intelligence

Millbrook Teachers Association Benefit Trust Fund

990EZ • Fiscal year 2017 • EIN 22-3662428

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 22, 2018

Organization ProfileN/A
PO Box 100Verbank, NY 12585

(845) 677-2510

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.10x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • NTEE Y • <$500k nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

0.15x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • NTEE Y • <$500k nonprofits • Source year 2017

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

2017 filings • NTEE Y • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE Y • <$500k nonprofits • Source year 2017

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2017 filings • NTEE Y • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

-0.3%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • NTEE Y • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$263,355

Up $34,170 (+15%) from 2016

Net Assets

Up

$236,898

Up $25,925 (+12%) from 2016

Liabilities

Up

$26,457

Up $8,245 (+45%) from 2016

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin68th percentile

Revenue

Down

$173,521

Down $507 (-0.3%) from 2016

Expenses

Up

$147,595

Up $17,907 (+14%) from 2016

Net Income

Down

$25,926

Down $18,414 (-42%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $36,081Net Assets 2011: $36,0812011Assets 2012: $70,615Liabilities 2012: $9,618Net Assets 2012: $60,9972012Assets 2013: $110,520Liabilities 2013: $15,023Net Assets 2013: $95,4972013Assets 2014: $156,955Liabilities 2014: $22,337Net Assets 2014: $134,6182014Assets 2015: $193,510Liabilities 2015: $26,873Net Assets 2015: $166,6372015Assets 2016: $229,185Liabilities 2016: $18,212Net Assets 2016: $210,9732016Assets 2017: $263,355Liabilities 2017: $26,457Net Assets 2017: $236,8982017Assets 2018: $258,802Liabilities 2018: $18,569Net Assets 2018: $240,2332018Assets 2019: $252,165Liabilities 2019: $22,357Net Assets 2019: $229,8082019Assets 2020: $263,291Liabilities 2020: $41,711Net Assets 2020: $221,5802020Assets 2021: $270,011Liabilities 2021: $26,156Net Assets 2021: $243,8552021Assets 2022: $286,057Liabilities 2022: $17,439Net Assets 2022: $268,6182022Assets 2023: $301,310Liabilities 2023: $24,065Net Assets 2023: $277,2452023Assets 2024: $299,838Liabilities 2024: $18,149Net Assets 2024: $281,6892024

Highlighted filing

2017

Assets$263,355
Liabilities$26,457
Net Assets$236,898
Open 2017 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $127,955Expenses 2011: $134,243Net Income 2011: -$6,2882011Revenue 2012: $149,772Expenses 2012: $124,856Net Income 2012: $24,9162012Revenue 2013: $159,783Expenses 2013: $125,283Net Income 2013: $34,5002013Revenue 2014: $153,709Expenses 2014: $114,588Net Income 2014: $39,1212014Revenue 2015: $168,189Expenses 2015: $136,174Net Income 2015: $32,0152015Revenue 2016: $174,028Expenses 2016: $129,688Net Income 2016: $44,3402016Revenue 2017: $173,521Expenses 2017: $147,595Net Income 2017: $25,9262017Revenue 2018: $171,167Expenses 2018: $167,832Net Income 2018: $3,3352018Revenue 2019: $169,225Expenses 2019: $179,651Net Income 2019: -$10,4262019Revenue 2020: $166,812Expenses 2020: $175,038Net Income 2020: -$8,2262020Revenue 2021: $173,830Expenses 2021: $151,555Net Income 2021: $22,2752021Revenue 2022: $195,044Expenses 2022: $170,281Net Income 2022: $24,7632022Revenue 2023: $189,500Expenses 2023: $181,273Net Income 2023: $8,2272023Revenue 2024: $191,718Expenses 2024: $187,274Net Income 2024: $4,4442024

Highlighted filing

2017

Revenue$173,521
Expenses$147,595
Net Income$25,926
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 22, 2018
Return Version
2016v3.1
Gross Receipts
$173,521
Mission and Program Overview

Mission

Veba - millbrook teachers' association benefit trust was established to provide certain welfare benefits to eligible participants of the millbrook teachers' association.

Program Services

DescriptionGrantsExpenses
DENTAL INSURANCE & HEARING AID - SELF FUNDED DENTAL & HEARING AID PLAN - COVERAGE AVAILABLE TO ALL MEMBERS--
FLEX BENEFIT CLAIMS - BENEFIT AVAILABLE TO ALL MEMBERS--
ACCIDENTAL DEATH AND DISMEMBERMENT LIFE INSURANCE COVERAGE--
OTHER EXPENSES ARE MADE UP OF ADMINISTRATIVE FEES AND DEPRECIATION FOR ASSETS HELD BY THE ORGANIZATION--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH RUSSELLChairman-$0--
GEORGIA HERRINGTreasurer-$0--
ALLISON SCHMIDSecretary-$0--
LESLIE ANSONTrustee-$0--
JENNIFER LEGGETTMta Presiden-$0--
Filing and Contact Details

Filer

Filer Name
MILLBROOK TEACHERS'ASSOC BENE TRST
EIN
22-3662428
Phone
8456772510
Address
PO BOX 100, VERBANK, NY 12585

Signing Officer

Name
Georgia Herring
Title
Treasurer
Phone
8456774210
Signed
2018-01-22
Discuss with paid preparer
Yes

Preparer

Firm
D'ARCANGELO & CO LLP
Address
510 HAIGHT AVE, POUGHKEEPSIE, NY 12603
Preparer
Joanne M Casabura
Phone
8454737774
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expense 93 conferences & meetings 480 insurance expense 870 administrator fees 800 administrator fees 6,690 donations 250 administrative expenses 362 non-investment depreciation 387 total 9,932”

Form 990-ez, Part II, Line 24

“Furniture and fixtures 1,933 1,933 less accumulated depreciation 644 1,031 restricted cash - flex benefit 15,544 9,981 restricted cash - dental claims 50,378 35,857 prepaid expenses 3,873 1,728 total 71,084 48,468”

Form 990-ez, Part II, Line 26

“Claims payable 15,112 23,357 accounts payable 3,100 3,100 deferred revenue 0 0”

Form 990-ez, Part III

“Veba - millbrook teachers' association benefit trust was established to provide certain welfare benefits to eligible participants of the millbrook teachers' association.”

Form 990-ez, Part III, Line 31

“Other expenses are made up of administrative fees and depreciation for assets held by the organization”

Raw XML Appendix117 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt0132511
IRS990EZ/BooksInCareOfDetail/PersonNm0GEORGIA HERRING
IRS990EZ/BooksInCareOfDetail/PhoneNum08456772510
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VERBANK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012545
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0158100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0214887
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025926
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05100
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0229184
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0263355
IRS990EZ/GrossReceiptsAmt0173521
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0348
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0210972
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0236898
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0210972
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0236898
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEITH RUSSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GEORGIA HERRING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALLISON SCHMID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LESLIE ANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JENNIFER LEGGETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MTA PRESIDEN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt071084
IRS990EZ/OtherAssetsTotalDetail/EOYAmt048468
IRS990EZ/OtherExpensesTotalAmt09932
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VEBA - MILLBROOK TEACHERS' ASSOCIATION BENEFIT TRUST WAS ESTABLISHED TO PROVIDE CERTAIN WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF THE MILLBROOK TEACHERS' ASSOCIATION.
IRS990EZ/PrintingPublicationsPostageAmt052
IRS990EZ/ProgramServiceRevenueAmt0173173
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DENTAL INSURANCE & HEARING AID - SELF FUNDED DENTAL & HEARING AID PLAN - COVERAGE AVAILABLE TO ALL MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FLEX BENEFIT CLAIMS - BENEFIT AVAILABLE TO ALL MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ACCIDENTAL DEATH AND DISMEMBERMENT LIFE INSURANCE COVERAGE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3OTHER EXPENSES ARE MADE UP OF ADMINISTRATIVE FEES AND DEPRECIATION FOR ASSETS HELD BY THE ORGANIZATION
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt018212
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt026457
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0147595
IRS990EZ/TotalRevenueAmt0173521
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 93 CONFERENCES & MEETINGS 480 INSURANCE EXPENSE 870 ADMINISTRATOR FEES 800 ADMINISTRATOR FEES 6,690 DONATIONS 250 ADMINISTRATIVE EXPENSES 362 NON-INVESTMENT DEPRECIATION 387 TOTAL 9,932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE AND FIXTURES 1,933 1,933 LESS ACCUMULATED DEPRECIATION 644 1,031 RESTRICTED CASH - FLEX BENEFIT 15,544 9,981 RESTRICTED CASH - DENTAL CLAIMS 50,378 35,857 PREPAID EXPENSES 3,873 1,728 TOTAL 71,084 48,468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CLAIMS PAYABLE 15,112 23,357 ACCOUNTS PAYABLE 3,100 3,100 DEFERRED REVENUE 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VEBA - MILLBROOK TEACHERS' ASSOCIATION BENEFIT TRUST WAS ESTABLISHED TO PROVIDE CERTAIN WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF THE MILLBROOK TEACHERS' ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER EXPENSES ARE MADE UP OF ADMINISTRATIVE FEES AND DEPRECIATION FOR ASSETS HELD BY THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGIA HERRING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08456774210
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILLBROOK TEACHERS'ASSOC BENE TRST
ReturnHeader/Filer/BusinessNameControlTxt0MILL
ReturnHeader/Filer/EIN0223662428
ReturnHeader/Filer/PhoneNum08456772510
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 100
ReturnHeader/Filer/USAddress/CityNm0VERBANK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012585
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0866DE2918CD28D1597527B80300EBA3928A00844
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0866DE2918CD28D1597527B80300EBA3928A00844
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132550103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D'ARCANGELO & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0510 HAIGHT AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0POUGHKEEPSIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012603
ReturnHeader/PreparerPersonGrp/PhoneNum08454737774
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOANNE M CASABURA
ReturnHeader/ReturnTs02018-04-14T11:41:14-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$263,355
Liabilities
$26,457
Net assets
$236,898
Revenue
$173,521
Expenses
$147,595
Net income
$25,926
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.18$2.82$1.92$1.87$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$0.24$2.77$1.90$1.81$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.17$2.69$1.95$1.70$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.26$2.44$1.74$1.52$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.42$2.22$1.67$1.75$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.22$2.30$1.69$1.80$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.19$2.40$1.71$1.68$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.63$0.26$2.37$1.74$1.48$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.29$0.18$2.11$1.74$1.30$0.44
2015Detailed filing. Detailed filing data is available for this year.$1.94$0.27$1.67$1.68$1.36$0.32
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.22$1.35$1.54$1.15$0.39
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.15$0.95$1.60$1.25$0.35
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.10$0.61$1.50$1.25$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.36$1.28$1.34$0.06