Civic Intelligence

Alcoa Inc Supplemental Unemployment Benefit Trust

EIN 25-6014081 • 501(c)17 • Pittsburgh, PA

Profile

To provide supplemental unemployment benefits to eligible participants.

C/O The Bnym PO Box 535007Pittsburgh, PA 15253-5007

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

<$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

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

<$500k nonprofits • Source year 2024

Net Margin

92nd percentile

62%

Higher net margin than 92% of similar nonprofits.

<$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$5,432

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 30.8% of source-year revenue.

<$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-95%

Faster asset growth than 13% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-48%

Faster revenue growth than 19% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$33,523

Down $639,128 (-95%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$33,523

Down $639,128 (-95%) from 2023

Revenue

Down

$17,654

Down $16,378 (-48%) from 2023

Expenses

Down

$6,782

Down $14,806 (-69%) from 2023

Net Income

Down

$10,872

Down $1,572 (-13%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $704,968Liabilities 2011: $0Net Assets 2011: $704,9682011Assets 2012: $705,795Liabilities 2012: $0Net Assets 2012: $705,7952012Assets 2013: $706,437Liabilities 2013: $0Net Assets 2013: $706,4372013Assets 2014: $706,881Liabilities 2014: $0Net Assets 2014: $706,8812014Assets 2015: $707,700Liabilities 2015: $0Net Assets 2015: $707,7002015Assets 2016: $711,095Liabilities 2016: $0Net Assets 2016: $711,0952016Assets 2018: $702,022Liabilities 2018: $0Net Assets 2018: $702,0222018Assets 2019: $700,503Liabilities 2019: $0Net Assets 2019: $700,5032019Assets 2020: $688,676Liabilities 2020: $0Net Assets 2020: $688,6762020Assets 2021: $668,513Liabilities 2021: $0Net Assets 2021: $668,5132021Assets 2022: $660,207Liabilities 2022: $0Net Assets 2022: $660,2072022Assets 2023: $672,651Liabilities 2023: $0Net Assets 2023: $672,6512023Assets 2024: $33,523Liabilities 2024: $0Net Assets 2024: $33,5232024

Highlighted filing

2024

Assets$33,523
Liabilities$0
Net Assets$33,523

Operations Trend

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

$40K$20K$0-$20K-$40KExpenses 2011: $02011Expenses 2012: $02012Revenue 2013: $642Expenses 2013: $0Net Income 2013: $6422013Revenue 2014: $444Expenses 2014: $0Net Income 2014: $4442014Revenue 2015: $819Expenses 2015: $0Net Income 2015: $8192015Revenue 2016: $3,395Expenses 2016: $0Net Income 2016: $3,3952016Revenue 2018: $13,381Expenses 2018: $18,330Net Income 2018: -$4,9492018Revenue 2019: $16,415Expenses 2019: $17,934Net Income 2019: -$1,5192019Revenue 2020: $4,580Expenses 2020: $16,407Net Income 2020: -$11,8272020Revenue 2021: $156Expenses 2021: $20,319Net Income 2021: -$20,1632021Revenue 2022: $10,768Expenses 2022: $19,074Net Income 2022: -$8,3062022Revenue 2023: $34,032Expenses 2023: $21,588Net Income 2023: $12,4442023Revenue 2024: $17,654Expenses 2024: $6,782Net Income 2024: $10,8722024

Highlighted filing

2024

Revenue$17,654
Expenses$6,782
Net Income$10,872

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.18$0.07$0.11
2023Detailed filing. Detailed filing data is available for this year.$6.73$0.00$6.73$0.34$0.22$0.12
2022Detailed filing. Detailed filing data is available for this year.$6.60$0.00$6.60$0.11$0.19$0.08
2021Detailed filing. Detailed filing data is available for this year.$6.69$0.00$6.69$0.00$0.20$0.20
2020Detailed filing. Detailed filing data is available for this year.$6.89$0.00$6.89$0.05$0.16$0.12
2019Detailed filing. Detailed filing data is available for this year.$7.01$0.00$7.01$0.16$0.18$0.02
2018Detailed filing. Detailed filing data is available for this year.$7.02$0.00$7.02$0.13$0.18$0.05
2016Detailed filing. Detailed filing data is available for this year.$7.11$0.00$7.11$0.03$0.00$0.03
2015Detailed filing. Detailed filing data is available for this year.$7.08$0.00$7.08$0.01$0.00$0.01
2014Detailed filing. Detailed filing data is available for this year.$7.07$0.00$7.07$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$0.01$0.00$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.06$0.00$7.06$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.05$0.00$7.05$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$17,654
Mission and Program Overview

Mission

To provide supplemental unemployment benefits to eligible participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$672,651$33,523▼ $639,128
Savings and Temporary Cash Investments$669,539$33,390▼ $636,149
Accounts Receivable$3,112$133▼ $2,979
Total Assets$672,651$33,523▼ $639,128
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$672,651$33,523▼ $639,128
Total Liabilities and Net Assets / Fund Balance$672,651$33,523▼ $639,128
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee (see Schedule O)$5,432$5,432
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$17,654
Other Revenue
$0
Change in Net Assets
$10,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,432
Other Expenses$1,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$5,432--$5,432
Fees for Services Accounting$1,350--$1,350
Total Functional Expenses$6,782$0$0$6,782
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
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, Lines 1A & 1B

The bank of new york mellon serves as the sole directed trustee of this trust. The plan sponsor is intalco aluminum llc, a single member llc treated as a disregarded entity of alcoa corporation. The trust is administered by the plan sponsor in accordance with the terms of the trust agreement. As such, the trust does not have a governing body that exercises discretion.

Form 990, Part VI, Line 11B

A complete electronic copy of the organization's form 990 was provided to the trustee for review prior to filing with the irs.

Form 990, Part VI, Lines 8, 12 - 15

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.

Form 990, Part VII, Column (B)

Average hours per week devoted to position: as trustee, the bank of new york mellon provides administrative services such as acting as investment manager for alcoa supplemental unemployment benefits trust for intalco union employees. 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

Form 990, Part VII, Column (B) Continued

But are calculated based on factors such as the market value of the account and in accordance with our agreement with alcoa usa corp.

Form 990, Page 6, Part VI, Line 19

As a 501(c)(17) organization, the trust is not required to make the documents referenced in question 19 available to the general public.

Filing and Contact Details

Filer

Filer Name
Alcoa Supplemental Unemployment Benefits
EIN
25-6014081
Phone
4122342242
Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA 15253-5007

Signing Officer

Name
Shelly M Paletta
Title
Bnym, Trustee
Phone
4122342242
Signed
2025-11-04

Organization Details

Formed
1956
Legal Domicile
Pa
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
2100 ONE PPG PLACE, PITTSBURGH, PA 15222
Preparer
Lindsey Pigg
Phone
4126447800
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

TRANSFERS

Raw XML Appendix249 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/ActivityOrMissionDesc0TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS.
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE BANK OF NEW YORK MELLON
IRS990/BooksInCareOfDetail/PhoneNum04122342242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 535007
IRS990/BooksInCareOfDetail/USAddress/CityNm0PITTSBURGH
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IRS990/InvestmentIncomeGrp/ExclusionAmt017654
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IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/PartialLiquidationInd0false
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0THE BANK OF NEW YORK MELLON
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BANK OF NEW YORK MELLON SERVES AS THE SOLE DIRECTED TRUSTEE OF THIS TRUST. THE PLAN SPONSOR IS INTALCO ALUMINUM LLC, A SINGLE MEMBER LLC TREATED AS A DISREGARDED ENTITY OF ALCOA CORPORATION. THE TRUST IS ADMINISTERED BY THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH, THE TRUST DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE ELECTRONIC COPY OF THE ORGANIZATION'S FORM 990 WAS PROVIDED TO THE TRUSTEE FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE 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/ExplanationTxt3AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR ALCOA SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST FOR INTALCO UNION EMPLOYEES. 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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BUT ARE CALCULATED BASED ON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH OUR AGREEMENT WITH ALCOA USA CORP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AS A 501(C)(17) ORGANIZATION, THE TRUST IS NOT REQUIRED TO MAKE THE DOCUMENTS REFERENCED IN QUESTION 19 AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINES 1A & 1B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINES 8, 12 - 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII, COLUMN (B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII, COLUMN (B) CONTINUED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELLY M PALETTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BNYM, TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04122342242
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALCOA SUPPLEMENTAL UNEMPLOYMENT BENEFITS
ReturnHeader/Filer/BusinessNameControlTxt0ALCO
ReturnHeader/Filer/EIN0256014081
ReturnHeader/Filer/PhoneNum04122342242
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O THE BNYM PO BOX 535007
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDSEY PIGG
ReturnHeader/ReturnTs02025-11-14T13:01:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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