Civic Intelligence

Steinman & Steinman Beneficial Assn

990 • Fiscal year 2016 • EIN 23-6266375

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

PO Box 1328 8 West King StreetLancaster, PA 17608-1328

(717) 291-8859

Siviq Scores

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

Liabilities / Assets

38th percentile

0.00x

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

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

38th percentile

0.00x

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

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Net Margin

91st percentile

58%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$400

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Asset Growth

94th percentile

54%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

60%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,949,429

Up $685,334 (+54%) from 2015

Net Assets

Up

$1,949,429

Up $692,046 (+55%) from 2015

Liabilities

Down

$0

Down $6,712 (-100%) from 2015

Revenue

Up

$216,205

Up $81,434 (+60%) from 2015

Expenses

Down

$90,497

Down $7,936 (-8.1%) from 2015

Net Income

Up

$125,708

Up $89,370 (+246%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $1,104,792Liabilities 2013: $0Net Assets 2013: $1,104,7922013Assets 2014: $1,221,045Liabilities 2014: $0Net Assets 2014: $1,221,0452014Assets 2015: $1,264,095Liabilities 2015: $6,712Net Assets 2015: $1,257,3832015Assets 2016: $1,949,429Liabilities 2016: $0Net Assets 2016: $1,949,4292016Assets 2017: $2,384,147Liabilities 2017: $0Net Assets 2017: $2,384,1472017Assets 2018: $2,406,913Liabilities 2018: $0Net Assets 2018: $2,406,9132018Assets 2019: $45,720Liabilities 2019: $0Net Assets 2019: $45,7202019Assets 2020: $36,115Liabilities 2020: $0Net Assets 2020: $36,1152020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2016

Assets$1,949,429
Liabilities$0
Net Assets$1,949,429

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2013: $180,384Expenses 2013: $72,804Net Income 2013: $107,5802013Revenue 2014: $220,221Expenses 2014: $103,968Net Income 2014: $116,2532014Revenue 2015: $134,771Expenses 2015: $98,433Net Income 2015: $36,3382015Revenue 2016: $216,205Expenses 2016: $90,497Net Income 2016: $125,7082016Revenue 2017: $49,962Expenses 2017: $83,456Net Income 2017: -$33,4942017Revenue 2018: $53,191Expenses 2018: $67,309Net Income 2018: -$14,1182018Revenue 2019: $19,265Expenses 2019: $2,380,458Net Income 2019: -$2,361,1932019Revenue 2020: $55Expenses 2020: $14,034Net Income 2020: -$13,9792020Revenue 2021: $0Expenses 2021: $36,115Net Income 2021: -$36,1152021

Highlighted filing

2016

Revenue$216,205
Expenses$90,497
Net Income$125,708
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$748,926
Mission and Program Overview

Mission

Providing qualified employees with illness, disability, and death benefit payment subsidies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,257,383$1,949,429▲ $692,046
Investments in Publicly Traded Securities$1,206,542$1,919,142▲ $712,600
Savings and Temporary Cash Investments$40,090$0▼ $40,090
Cash and Non-Interest-Bearing Accounts$17,463$30,287▲ $12,824
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,264,095$1,949,429▲ $685,334
Liabilities
Other Liabilities$6,712$0▼ $6,712
Total Liabilities$6,712$0▼ $6,712
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,257,383$1,949,429▲ $692,046
Total Liabilities and Net Assets / Fund Balance$1,264,095$1,949,429▲ $685,334
Compensation and Service Providers

Employees

NameTitleBaseTotal
Ms Cindy StarkTreasurer$400$400
Ms Colleen PendletonAssitant Treasurer$400$400

Board Members and Trustees

NameTitle
Ms Sally VoltzPresident
Mr Dave PennellVice President
Mr Ad CrableDirector
Mr Blaine ShahanDirector
Mr Ted SicklerDirector
Ms Cindy LefeverDirector
Ms Karen HofferDirector
Ms Ruth Z HenryDirector
Mr Fred GerfinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,476
Investment Income
$192,729
Other Revenue
$0
Change in Net Assets
$125,708

Audited Revenue Reconciliation

Revenue per Audited Statements
$216,205
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-107,216
Total Revenue per Audited Statements
$108,989
Total Revenue per Form 990
$216,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,999
Salaries, Compensation, and Employee Benefits$1,925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$49,573--$49,573
Fees for Service Investment Mgmnt Fees-$7,969-$7,969
Fees for Services Accounting-$6,870-$6,870
Other Salaries and Wages-$1,125-$1,125
Current Officers, Directors, Trustees, and Key Employees-$800-$800
Other Expenses$18,396$238-$238
Total Functional Expenses$67,969$22,528$0$90,497

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$90,497
Total Expenses per Audited Statements$90,497
Total Expenses per Form 990$90,497
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Backup withholding compliance
Yes
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 6

There are two classes of members within the organization. Class is determined by employment status and dues payments. Class aa members are permitted to vote on the election of the organization's governing body. Class d members are not permitted to vote on the election of the organization's governing body.

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

Class aa members elect the members of the governing body.

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

The organization's treasurer conducts the review of the final form 990 prior to signing and filing the form with the internal revenue service. The review consisted of comparing the amounts and answers listed on the form 990 to those presented in the audited financial statements to ensure a complete and accurate filing of form 990.

Form 990, Part VI, Section C, Line 19

The organization's audited financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Steinman & Steinman Beneficial Assn
EIN
23-6266375
Phone
7172918859
Address
PO BOX 1328 8 WEST KING STREET, LANCASTER, PA 17608-1328

Signing Officer

Name
Cynthia L Stark
Title
Treasurer
Phone
7172918859
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia L Stark
Formed
1926
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Kreischer Miller
Address
100 WITMER ROAD SUITE 350, HORSHAM, PA 19044-2369
Preparer
Christopher M Pekula
Phone
2154414600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Cost basis to fair market value investment adjustment 673,554.

Financial Statement Notes

PART X, LINE 2:

Plan management evaluates tax positions taken by the plan and discloses a tax liabilty (or asset) if the plan has taken and uncertain position that more than not would be sustained upon examination by the irs. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 2016 and 2015, there are no uncertain tax positions taken or expected to be taken that would require 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.

Part XI, Line 2A

Adjustment to investments

Raw XML Appendix392 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSITANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PLAN MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE PLAN AND DISCLOSES A TAX LIABILTY (OR ASSET) IF THE PLAN HAS TAKEN AND UNCERTAIN POSITION THAT MORE THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016 AND 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ADJUSTMENT TO INVESTMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2A
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt090497
IRS990ScheduleD/TotalRevenuePerForm990Amt0216205
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0108989
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt090497
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE TWO CLASSES OF MEMBERS WITHIN THE ORGANIZATION. CLASS IS DETERMINED BY EMPLOYMENT STATUS AND DUES PAYMENTS. CLASS AA MEMBERS ARE PERMITTED TO VOTE ON THE ELECTION OF THE ORGANIZATION'S GOVERNING BODY. CLASS D MEMBERS ARE NOT PERMITTED TO VOTE ON THE ELECTION OF THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASS AA MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S TREASURER CONDUCTS THE REVIEW OF THE FINAL FORM 990 PRIOR TO SIGNING AND FILING THE FORM WITH THE INTERNAL REVENUE SERVICE. THE REVIEW CONSISTED OF COMPARING THE AMOUNTS AND ANSWERS LISTED ON THE FORM 990 TO THOSE PRESENTED IN THE AUDITED FINANCIAL STATEMENTS TO ENSURE A COMPLETE AND ACCURATE FILING OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COST BASIS TO FAIR MARKET VALUE INVESTMENT ADJUSTMENT 673,554.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0230785160
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0NEWSPAPER PUBLISHING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0LNP MEDIA GROUP INC FKA LANCASTER NEWSPAPER INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 1328
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0LANCASTER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd0176081328
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
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/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01264095
IRS990/TotalAssetsEOYAmt01949429
IRS990/TotalAssetsGrp/BOYAmt01264095
IRS990/TotalAssetsGrp/EOYAmt01949429
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022528
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067969
IRS990/TotalFunctionalExpensesGrp/TotalAmt090497
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06712
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt06712
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01257383
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01949429
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt067969
IRS990/TotalProgramServiceRevenueAmt023476
IRS990/TotalReportableCompFromOrgAmt0800
IRS990/TotalRevenueGrp/ExclusionAmt0192729
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023476
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0216205
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01264095
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01949429
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1328 8 WEST KING STREET
IRS990/USAddress/CityNm0LANCASTER
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd0176081328
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CYNTHIA L STARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07172918859
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STEINMAN & STEINMAN BENEFICIAL ASSN
ReturnHeader/Filer/BusinessNameControlTxt0STEI
ReturnHeader/Filer/EIN0236266375
ReturnHeader/Filer/PhoneNum07172918859
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1328 8 WEST KING STREET
ReturnHeader/Filer/USAddress/CityNm0LANCASTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0176081328
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06E95240B1333E46B21A7A1C6C3B5122F6453B4D1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A5FEF6AADE8DE4AE47CF0D22306C973E43608D98
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.55.30.226
ReturnHeader/FilingSecurityInformation/IPDt02017-11-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm012:31:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0231980475
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KREISCHER MILLER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 WITMER ROAD SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HORSHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0190442369
ReturnHeader/PreparerPersonGrp/PhoneNum02154414600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER M PEKULA
ReturnHeader/ReturnTs02017-11-15T12:29:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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