Civic Intelligence

Indel Group Insurance Trust

990 • Fiscal year 2021 • EIN 22-6199856

Apr 01, 2020 to Mar 31, 2021 • Filed on Nov 10, 2021

PO Box 157Rancocas, NJ 08073

(609) 267-9000

Siviq Scores

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

Liabilities / Assets

38th percentile

0.00x

Higher debt load relative to assets than 38% of similar nonprofits.

2021 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

34th percentile

0.00x

Higher debt load relative to revenue than 34% of similar nonprofits.

2021 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2021

Net Margin

32nd percentile

-1.0%

Higher net margin than 32% of similar nonprofits.

2021 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

99th percentile

$1,473,076

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 24.7% of source-year revenue.

2021 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2021

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

16%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$472,708

Down $62,235 (-12%) from 2020

Net Assets

Down

$472,045

Down $62,235 (-12%) from 2020

Liabilities

Flat

$663

Flat from 2020

Revenue

Up

$5,970,294

Up $829,301 (+16%) from 2020

Expenses

Down

$6,032,530

Down $112,124 (-1.8%) from 2020

Net Income

Up

-$62,236

Up $941,425 (+94%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $1,848,248Liabilities 2012: $1,864Net Assets 2012: $1,846,3842012Assets 2013: $1,690,032Liabilities 2013: $788Net Assets 2013: $1,689,2442013Assets 2014: $2,043,085Liabilities 2014: $2,208Net Assets 2014: $2,040,8872014Assets 2015: $2,059,027Liabilities 2015: -$40Net Assets 2015: $2,059,0672015Assets 2016: $2,938,810Liabilities 2016: $1,491Net Assets 2016: $2,937,3192016Assets 2017: $3,768,463Liabilities 2017: $3,309Net Assets 2017: $3,765,1542017Assets 2018: $2,926,072Liabilities 2018: $770Net Assets 2018: $2,925,3022018Assets 2019: $1,538,604Liabilities 2019: $663Net Assets 2019: $1,537,9412019Assets 2020: $534,943Liabilities 2020: $663Net Assets 2020: $534,2802020Assets 2021: $472,708Liabilities 2021: $663Net Assets 2021: $472,0452021Assets 2022: $641,666Liabilities 2022: $300,663Net Assets 2022: $341,0032022Assets 2023: $455,850Liabilities 2023: $500,663Net Assets 2023: -$44,8132023Assets 2024: $806,770Liabilities 2024: $663Net Assets 2024: $806,1072024Assets 2025: $1,986,828Liabilities 2025: $663Net Assets 2025: $1,986,1652025

Highlighted filing

2021

Assets$472,708
Liabilities$663
Net Assets$472,045

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $4,692,992Expenses 2012: $4,647,375Net Income 2012: $45,6172012Revenue 2013: $5,398,005Expenses 2013: $5,555,145Net Income 2013: -$157,1402013Revenue 2014: $5,752,088Expenses 2014: $5,400,445Net Income 2014: $351,6432014Revenue 2015: $6,149,799Expenses 2015: $6,131,619Net Income 2015: $18,1802015Revenue 2016: $6,850,395Expenses 2016: $5,972,143Net Income 2016: $878,2522016Revenue 2017: $6,455,911Expenses 2017: $5,628,076Net Income 2017: $827,8352017Revenue 2018: $5,023,929Expenses 2018: $5,863,781Net Income 2018: -$839,8522018Revenue 2019: $4,751,980Expenses 2019: $6,139,341Net Income 2019: -$1,387,3612019Revenue 2020: $5,140,993Expenses 2020: $6,144,654Net Income 2020: -$1,003,6612020Revenue 2021: $5,970,294Expenses 2021: $6,032,530Net Income 2021: -$62,2362021Revenue 2022: $6,869,909Expenses 2022: $7,000,951Net Income 2022: -$131,0422022Revenue 2023: $7,136,846Expenses 2023: $7,522,662Net Income 2023: -$385,8162023Revenue 2024: $8,293,547Expenses 2024: $7,442,627Net Income 2024: $850,9202024Revenue 2025: $9,745,271Expenses 2025: $8,565,213Net Income 2025: $1,180,0582025

Highlighted filing

2021

Revenue$5,970,294
Expenses$6,032,530
Net Income-$62,236
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$5,970,294
Mission and Program Overview

Mission

Pay health insurance premiums and disability benefits for affiliated employers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$534,280$472,045▼ $62,235
Cash and Non-Interest-Bearing Accounts$379,045$313,801▼ $65,244
Prepaid Expenses and Deferred Charges$155,898$158,907▲ $3,009
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$534,943$472,708▼ $62,235
Liabilities
Accounts Payable and Accrued Expenses$663$663→ $0
Total Liabilities$663$663→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$534,280$472,045▼ $62,235
Total Liabilities and Net Assets / Fund Balance$534,943$472,708▼ $62,235
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,968,487
Investment Income
$0
Other Revenue
$1,807
Change in Net Assets
$-62,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,857
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$6,028,673--$6,028,673
Payroll Taxes$3,857--$3,857
Total Functional Expenses$6,032,530$0$0$6,032,530
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
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

There are no committees with authority to act on behalf of the governing body during the year. Form 990, part vi, section b, line 11a: with the exception of trustees' reportable w-2 compensation and deferred compensation from related organizations, a copy of the organization's final form 990 (including required schedules) as ultimately filed with the internal revenue service was provided to each trustee of the organization's governing body.

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

Form 990 is reviewed by a related employer's tax professional. Information requested in form 990 is reviewed and discussed with the primary trustee of the organization. Revenue, expenses, assets and liabilities in form 990 are compared with the same items in seperate financial statements prepared by a related employer's accountant.

Form 990, Part VI, Section C, Line 19

No documents of policies are available to the public. The organization's financial statements, as presented in form 990, are available for public inspection at related employer's offices upon request.

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

Steven c. Feil - po box 157, rancocas, nj 08073. Thomas p. Mcshane - po box 157, rancocas, nj 08073. Manning j. Smith - po box 157, rancocas, nj 08073. Paul f. Zakulec - po box 157, rancocas, nj 08073.

Form 990, Part VII

Form 990, part vii, line (1), column (b): average hours per week worked by steve c. Feil for related organization include executive financial, accounting and insurance management. Form 990, part vii, line (2), column (b): average hours worked by thomas p. Mcshane for related organization include treasury and accounting management. Form 990, part vii, line (3), column (b): average hours per week worked by manning j. Smith iii for related organization include executive corporate management. Form 990, part vii, line (4), column (b): average hours per week worked by paul f. Zakulec for related organization include insurance management.

Filing and Contact Details

Filer

Filer Name
Indel Group Insurance Trust
EIN
22-6199856
Phone
6092679000
Address
PO BOX 157, RANCOCAS, NJ 08073

Signing Officer

Name
Steven C Feil
Title
Trustee
Phone
6092679000
Signed
2021-11-10

Organization Details

Principal Officer
Steven C Feil
Formed
1974
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
0
Employees
35
Volunteers
0
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01473076
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1215625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2174231
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3111940
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11A: WITH THE EXCEPTION OF TRUSTEES' REPORTABLE W-2 COMPENSATION AND DEFERRED COMPENSATION FROM RELATED ORGANIZATIONS, A COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) AS ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE WAS PROVIDED TO EACH TRUSTEE OF THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY A RELATED EMPLOYER'S TAX PROFESSIONAL. INFORMATION REQUESTED IN FORM 990 IS REVIEWED AND DISCUSSED WITH THE PRIMARY TRUSTEE OF THE ORGANIZATION. REVENUE, EXPENSES, ASSETS AND LIABILITIES IN FORM 990 ARE COMPARED WITH THE SAME ITEMS IN SEPERATE FINANCIAL STATEMENTS PREPARED BY A RELATED EMPLOYER'S ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS OF POLICIES ARE AVAILABLE TO THE PUBLIC. THE ORGANIZATION'S FINANCIAL STATEMENTS, AS PRESENTED IN FORM 990, ARE AVAILABLE FOR PUBLIC INSPECTION AT RELATED EMPLOYER'S OFFICES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STEVEN C. FEIL - PO BOX 157, RANCOCAS, NJ 08073. THOMAS P. MCSHANE - PO BOX 157, RANCOCAS, NJ 08073. MANNING J. SMITH - PO BOX 157, RANCOCAS, NJ 08073. PAUL F. ZAKULEC - PO BOX 157, RANCOCAS, NJ 08073.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART VII, LINE (1), COLUMN (B): AVERAGE HOURS PER WEEK WORKED BY STEVE C. FEIL FOR RELATED ORGANIZATION INCLUDE EXECUTIVE FINANCIAL, ACCOUNTING AND INSURANCE MANAGEMENT. FORM 990, PART VII, LINE (2), COLUMN (B): AVERAGE HOURS WORKED BY THOMAS P. MCSHANE FOR RELATED ORGANIZATION INCLUDE TREASURY AND ACCOUNTING MANAGEMENT. FORM 990, PART VII, LINE (3), COLUMN (B): AVERAGE HOURS PER WEEK WORKED BY MANNING J. SMITH III FOR RELATED ORGANIZATION INCLUDE EXECUTIVE CORPORATE MANAGEMENT. FORM 990, PART VII, LINE (4), COLUMN (B): AVERAGE HOURS PER WEEK WORKED BY PAUL F. ZAKULEC FOR RELATED ORGANIZATION INCLUDE INSURANCE MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0550815340
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOLDING COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ROWAN TECHNOLOGIES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt010 INDEL AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0RANCOCAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd008073
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05968487
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ROWAN TECHNOLOGIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0534943
IRS990/TotalAssetsEOYAmt0472708
IRS990/TotalAssetsGrp/BOYAmt0534943
IRS990/TotalAssetsGrp/EOYAmt0472708
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06032530
IRS990/TotalFunctionalExpensesGrp/TotalAmt06032530
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0663
IRS990/TotalLiabilitiesEOYAmt0663
IRS990/TotalLiabilitiesGrp/BOYAmt0663
IRS990/TotalLiabilitiesGrp/EOYAmt0663
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0534280
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0472045
IRS990/TotalOtherCompensationAmt0108202
IRS990/TotalProgramServiceExpensesAmt06032530
IRS990/TotalProgramServiceRevenueAmt05968487
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05970294
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05970294
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0534943
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0472708
IRS990/TotReportableCompRltdOrgAmt01866670
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010 INDEL AVE
IRS990/USAddress/CityNm0RANCOCAS
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008073
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN C FEIL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06092679000
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEL GROUP INSURANCE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0226199856
ReturnHeader/Filer/PhoneNum06092679000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 157
ReturnHeader/Filer/USAddress/CityNm0RANCOCAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008073
ReturnHeader/ReturnTs02021-11-10T07:59:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FEIL
ReturnHeader/TaxPeriodBeginDt02020-04-01
ReturnHeader/TaxPeriodEndDt02021-03-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$9.75$8.57$1.18
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$8.29$7.44$0.85
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.50$0.04$7.14$7.52$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.30$0.34$6.87$7.00$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$5.97$6.03$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$5.14$6.14$1.00
2019Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$4.75$6.14$1.39
2018Summary only. Only limited summary data is available for this year.$2.93$0.00$2.93$5.02$5.86$0.84
2017Summary only. Only limited summary data is available for this year.$3.77$0.00$3.77$6.46$5.63$0.83
2016Summary only. Only limited summary data is available for this year.$2.94$0.00$2.94$6.85$5.97$0.88
2015Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$6.15$6.13$0.02
2014Summary only. Only limited summary data is available for this year.$2.04$0.00$2.04$5.75$5.40$0.35
2013Summary only. Only limited summary data is available for this year.$1.69$0.00$1.69$5.40$5.56$0.16
2012Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$4.69$4.65$0.05