Civic Intelligence

Suc Pg Energy Health Care Veba

990 • Fiscal year 2013 • EIN 25-1754272

Jan 01, 2013 to Dec 31, 2013 • Filed on May 05, 2014

1111 Polaris Parkway 3J43240

(614) 213-6944

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

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

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

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

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Net Margin

25th percentile

-7.0%

Higher net margin than 25% of similar nonprofits.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

45th percentile

$0

Higher top officer pay than 45% of similar nonprofits.

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

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Asset Growth

35th percentile

-1.1%

Faster asset growth than 35% of similar nonprofits.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$5,914,222

Down $67,787 (-1.1%) from 2012

Net Assets

Down

$5,914,222

Down $67,787 (-1.1%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$412,022

No earlier filing loaded for comparison.

Expenses

Down

$440,819

Down $26,425 (-5.7%) from 2012

Net Income

-$28,797

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,112,100Liabilities 2010: $0Net Assets 2010: $6,112,1002010Assets 2011: $6,116,950Liabilities 2011: $0Net Assets 2011: $6,116,9502011Assets 2012: $5,982,009Liabilities 2012: $0Net Assets 2012: $5,982,0092012Assets 2013: $5,914,222Liabilities 2013: $0Net Assets 2013: $5,914,2222013Assets 2014: $6,079,908Liabilities 2014: $0Net Assets 2014: $6,079,9082014Assets 2015: $6,330,767Liabilities 2015: $0Net Assets 2015: $6,330,7672015Assets 2020: $7,206,265Liabilities 2020: $0Net Assets 2020: $7,206,2652020Assets 2021: $7,190,548Liabilities 2021: $0Net Assets 2021: $7,190,5482021Assets 2022: $7,190,695Liabilities 2022: $0Net Assets 2022: $7,190,6952022Assets 2023: $7,295,244Liabilities 2023: $0Net Assets 2023: $7,295,2442023Assets 2024: $7,403,595Liabilities 2024: $0Net Assets 2024: $7,403,5952024

Highlighted filing

2013

Assets$5,914,222
Liabilities$0
Net Assets$5,914,222

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $443,4302010Expenses 2011: $453,0182011Expenses 2012: $467,2442012Revenue 2013: $412,022Expenses 2013: $440,819Net Income 2013: -$28,7972013Revenue 2014: $280,951Expenses 2014: $105,807Net Income 2014: $175,1442014Revenue 2015: $188,579Expenses 2015: $35,160Net Income 2015: $153,4192015Revenue 2020: $247,908Expenses 2020: $67,413Net Income 2020: $180,4952020Revenue 2021: $173,116Expenses 2021: $188,649Net Income 2021: -$15,5332021Revenue 2022: $217,614Expenses 2022: $212,783Net Income 2022: $4,8312022Revenue 2023: $277,822Expenses 2023: $174,819Net Income 2023: $103,0032023Revenue 2024: $309,770Expenses 2024: $200,188Net Income 2024: $109,5822024

Highlighted filing

2013

Revenue$412,022
Expenses$440,819
Net Income-$28,797
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 5, 2014
Return Version
2013v3.1
Gross Receipts
$775,668
Mission and Program Overview

Mission

The veba trust is the funding vehicle for the plan sponsor's payment of medical benefits for veba beneficiaries of the company

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$5,982,009$5,914,222▼ $67,787
Investments in Publicly Traded Securities$5,980,563$5,912,776▼ $67,787
Savings and Temporary Cash Investments$1,446$1,446→ $0
Total Assets$5,982,009$5,914,222▼ $67,787
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,982,009$5,914,222▼ $67,787
Total Liabilities and Net Assets / Fund Balance$5,982,009$5,914,222▼ $67,787
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$175,757
Investment Income
$236,265
Other Revenue
$0
Change in Net Assets
$-28,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,066
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$436,753--$436,753
Fees for Service Investment Mgmnt Fees$1,657--$1,657
Fees for Services Accounting$1,500--$1,500
All Other Expenses$909--$909
Total Functional Expenses$440,819$0$0$440,819
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Pari VI, Section C, Line 19

FORM 1024

Form 990, Page 6, Part VI, Line 11-description of Process for Review

As trustee of the veba trust, a fiduciary duty is owed the veba trust. Complying with the terms and conditions of the trust instrument, in conjunction with the internal policies and procedures of the trustee, which includes the preparation, review, and filing of form 990 to satisfy the trustee's duty of care.

Filing and Contact Details

Filer

EIN
25-1754272
Phone
6142136944

Signing Officer

Name
Jpmorgan Chase Bank Na
Title
Trustee
Phone
6142136944
Signed
2014-05-05
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Preparer
Ronald Shoemaker
Phone
4193216096
Supplemental Narrative

Additional Explanations

Description for Making Documents Public

The veba trust makes available upon request documents submitted with form 1024.

Explanation for Form 990, Part XI, Line 9

Income posted in 2013 but taxed in 2012--$49,878. Income posted in 2014 but taxed in 2013--($87,969). Claims paid 2013, funding received 2014--($899)

Raw XML Appendix230 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/ActivityOrMissionDesc0THE VEBA TRUST IS THE FUNDING VEHICLE FOR THE PLAN SPONSOR'S PAYMENT OF MEDICAL BENEFITS FOR VEBA BENEFICIARIES OF THE COMPANY
IRS990/AddressChangeInd0X
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IRS990/BenefitsToMembersGrp/ProgramServicesAmt0436753
IRS990/BenefitsToMembersGrp/TotalAmt0436753
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10SOUTHERN UNION COMPANY
IRS990/BooksInCareOfDetail/PhoneNum05706145000
IRS990/BooksInCareOfDetail/USAddress/AddressLine10ONE PEI CENTER
IRS990/BooksInCareOfDetail/USAddress/City0WILKESBARRE
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IRS990/BooksInCareOfDetail/USAddress/ZIPCode0187110601
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IRS990/DescribedInSection501c3Ind0false
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GainOrLossGrp/SecuritiesAmt039995
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0403641
IRS990/GrossReceiptsAmt0775668
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0196270
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0196270
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05980563
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05912776
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0363646
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05982009
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-38990
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0175757
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0464682
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IRS990/PYInvestmentIncomeAmt0186654
IRS990/PYOtherExpensesAmt02562
IRS990/PYProgramServiceRevenueAmt0130234
IRS990/PYRevenuesLessExpensesAmt0-150356
IRS990/PYTotalExpensesAmt0467244
IRS990/PYTotalRevenueAmt0316888
IRS990/ReconcilationRevenueExpnssAmt0-28797
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01446
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01446
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 1024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS TRUSTEE OF THE VEBA TRUST, A FIDUCIARY DUTY IS OWED THE VEBA TRUST. COMPLYING WITH THE TERMS AND CONDITIONS OF THE TRUST INSTRUMENT, IN CONJUNCTION WITH THE INTERNAL POLICIES AND PROCEDURES OF THE TRUSTEE, WHICH INCLUDES THE PREPARATION, REVIEW, AND FILING OF FORM 990 TO SATISFY THE TRUSTEE'S DUTY OF CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE VEBA TRUST MAKES AVAILABLE UPON REQUEST DOCUMENTS SUBMITTED WITH FORM 1024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INCOME POSTED IN 2013 BUT TAXED IN 2012--$49,878. INCOME POSTED IN 2014 BUT TAXED IN 2013--($87,969). CLAIMS PAID 2013, FUNDING RECEIVED 2014--($899)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PARI VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2DESCRIPTION FOR MAKING DOCUMENTS PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
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IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode043240
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IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/Filer/PhoneNum06142136944
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ReturnHeader/Filer/USAddress/ZIPCode043240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101100 HUNTINGTON CENTER 41 S HIGH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode043215
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ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD SHOEMAKER
ReturnHeader/ReturnTs02014-05-14T10:00:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings