Civic Intelligence

Northwest Airlines Section 1114 Veba Trust

990 • Fiscal year 2014 • EIN 26-0234311

May 01, 2013 to Apr 30, 2014 • Filed on Mar 04, 2015

Organization ProfileN/A

View Organization Page

304 South Victoria AvenueSuite C81003

(719) 744-0043

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

89th percentile

0.48x

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

2014 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2014

Net Margin

1st percentile

-507%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$600

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2014 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2014

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

2014 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$34,667,925

Down $5,329,122 (-13%) from 2013

Net Assets

Down

$34,264,204

Down $4,173,354 (-11%) from 2013

Liabilities

Down

$403,721

Down $1,155,768 (-74%) from 2013

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin1st percentile

Revenue

$834,223

No earlier filing loaded for comparison.

Expenses

Down

$5,063,073

Down $859,237 (-15%) from 2013

Net Income

-$4,228,850

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$60M$40M$20M$0Assets 2010: $54,160,246Liabilities 2010: $20,456Net Assets 2010: $54,139,7902010Assets 2011: $48,543,213Liabilities 2011: $26,327Net Assets 2011: $48,516,8862011Assets 2012: $42,423,999Liabilities 2012: $18,094Net Assets 2012: $42,405,9052012Assets 2013: $39,997,047Liabilities 2013: $1,559,489Net Assets 2013: $38,437,5582013Assets 2014: $34,667,925Liabilities 2014: $403,721Net Assets 2014: $34,264,2042014Assets 2015: $31,166,976Liabilities 2015: $56,441Net Assets 2015: $31,110,5352015Assets 2016: $27,788,026Liabilities 2016: $415,627Net Assets 2016: $27,372,3992016Assets 2017: $24,782,503Liabilities 2017: $385,668Net Assets 2017: $24,396,8352017Assets 2018: $21,944,703Liabilities 2018: $314,039Net Assets 2018: $21,630,6642018Assets 2019: $19,742,620Liabilities 2019: $48,001Net Assets 2019: $19,694,6192019Assets 2020: $18,041,672Liabilities 2020: $50,381Net Assets 2020: $17,991,2912020Assets 2021: $17,157,982Liabilities 2021: $61,055Net Assets 2021: $17,096,9272021Assets 2022: $14,295,959Liabilities 2022: $29,398Net Assets 2022: $14,266,5612022Assets 2023: $12,683,457Liabilities 2023: $29,455Net Assets 2023: $12,654,0022023Assets 2024: $11,215,660Liabilities 2024: $30,920Net Assets 2024: $11,184,7402024Assets 2025: $10,554,904Liabilities 2025: $58,056Net Assets 2025: $10,496,8482025

Highlighted filing

2014

Assets$34,667,925
Liabilities$403,721
Net Assets$34,264,204
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MExpenses 2010: $9,973,0402010Expenses 2011: $8,392,6712011Expenses 2012: $7,411,3552012Expenses 2013: $5,922,3102013Revenue 2014: $834,223Expenses 2014: $5,063,073Net Income 2014: -$4,228,8502014Revenue 2015: $733,076Expenses 2015: $4,245,111Net Income 2015: -$3,512,0352015Revenue 2016: $389,911Expenses 2016: $3,802,206Net Income 2016: -$3,412,2952016Revenue 2017: $1,021,116Expenses 2017: $3,876,982Net Income 2017: -$2,855,8662017Revenue 2018: $792,201Expenses 2018: $3,375,350Net Income 2018: -$2,583,1492018Revenue 2019: $757,684Expenses 2019: $2,814,983Net Income 2019: -$2,057,2992019Revenue 2020: $2,419,518Expenses 2020: $2,551,852Net Income 2020: -$132,3342020Revenue 2021: $472,631Expenses 2021: $2,382,342Net Income 2021: -$1,909,7112021Revenue 2022: $465,152Expenses 2022: $2,098,609Net Income 2022: -$1,633,4572022Revenue 2023: $267,868Expenses 2023: $1,810,312Net Income 2023: -$1,542,4442023Revenue 2024: $619,686Expenses 2024: $2,026,940Net Income 2024: -$1,407,2542024Revenue 2025: $556,242Expenses 2025: $1,566,553Net Income 2025: -$1,010,3112025

Highlighted filing

2014

Revenue$834,223
Expenses$5,063,073
Net Income-$4,228,850
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Mar 4, 2015
Return Version
2013v4.0
Gross Receipts
$5,456,313
Mission and Program Overview

Mission

The plan was established to provide premium subsidy benefits to retired employees and their eligible dependents.

To provide premium subsidy benefits to retired employees and their eligible dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$38,437,558$34,264,204▼ $4,173,354
Investments Other Securities$31,746,725$27,181,210▼ $4,565,515
Savings and Temporary Cash Investments$7,221,367$6,723,274▼ $498,093
Cash and Non-Interest-Bearing Accounts$1,028,223$763,019▼ $265,204
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$39,997,047$34,667,925▼ $5,329,122
Other Assets Total$732$422▼ $310
Liabilities
Other Liabilities$1,529,297$379,879▼ $1,149,418
Accounts Payable and Accrued Expenses$30,192$23,842▼ $6,350
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,559,489$403,721▼ $1,155,768
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,437,558$34,264,204▼ $4,173,354
Total Liabilities and Net Assets / Fund Balance$39,997,047$34,667,925▼ $5,329,122

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,332,021--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleBaseTotal
Marvin SandrinChairman$600$600
Arlo BertschTrustee$300$300
Eileen HalversonTrustee$300$300
James RedeskeTrustee$300$300
John PaulyTrustee$300$300
Robert KohlsTrustee$300$300
William CameronTrustee$300$300
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$834,223
Other Revenue
$0
Change in Net Assets
$-4,228,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$764,876
Revenue Not Reported on Financial Statements
$69,347
Revenue Not Reported on Form 990
$55,496
Total Revenue per Audited Statements
$820,372
Total Revenue per Form 990
$834,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,434
Salaries, Compensation, and Employee Benefits$2,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,866,239
Fees for Service Investment Mgmnt Fees---$69,347
Insurance---$30,944
Other Expenses---$27,900
Fees for Services Accounting---$13,760
Fees for Services Legal---$8,109
Conferences and Meetings---$3,594
Office Expenses---$2,712
Current Officers, Directors, Trustees, and Key Employees---$2,400
Travel---$1,940
Total Functional Expenses$0$0$0$5,063,073

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,143,144
Total Expenses per Audited Statements$6,143,144
Total Expenses per Form 990$5,063,073
Expenses Not Reported on Financial Statements$-1,080,071
Other Expense Adjustments$-1,149,418
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Benefit Claims Payable$379,879
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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 B, LINE 11B:

“The form 990 is provided to and reviewed by the board of trustees before it is filed.”

FORM 990, PART VI, SECTION C, LINE 19:

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
26-0234311
In Care Of
% DISCIPLINED BENEFIT SVCS
Phone
7197440043

Signing Officer

Name
Marvin Sandrin
Title
Chairperson
Phone
7197440043
Signed
2015-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marvin Sandrin
Formed
2007
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Preparer
Paul Hammerschmidt
Phone
7197440043
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“U.s. Gaap requires plan management to evaluate tax positions taken by northwest airlines sec. 1114 veba trust (the "plan") and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. Plan management has analyzed the tax positions taken by the plan and has concluded that, as of april 30, 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or 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. Plan management believes it is no longer subject to income tax examinations for years prior to 2010.”

PART XII, LINE 4B:

“Change in benefit claims payable.......$(1,149,418.)”

Raw XML Appendix385 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt030192
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023842
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt04866239
IRS990/BooksInCareOfDetail/PersonNm0DISCIPLINED BENEFIT SVCS
IRS990/BooksInCareOfDetail/PhoneNum07197440040
IRS990/BooksInCareOfDetail/USAddress/AddressLine10304 SOUTH VICTORIA AVE STE C
IRS990/BooksInCareOfDetail/USAddress/City0PUEBLO
IRS990/BooksInCareOfDetail/USAddress/State0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCode081003
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01028223
IRS990/CashNonInterestBearingGrp/EOYAmt0763019
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02400
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt03594
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04866239
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0834223
IRS990/CYOtherExpensesAmt0194434
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-4228850
IRS990/CYSalariesCompEmpBnftPaidAmt02400
IRS990/CYTotalExpensesAmt05063073
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0834223
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt013760
IRS990/FeesForServicesLegalGrp/TotalAmt08109
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt069347
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MARVIN SANDRIN
IRS990/Form990PartVIISectionAGrp/PersonNm1ARLO BERTSCH
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM CAMERON
IRS990/Form990PartVIISectionAGrp/PersonNm3EILEEN HALVERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT KOHLS
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES REDESKE
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN PAULY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0827910
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05450000
IRS990/GrossReceiptsAmt05456313
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt030944
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt06313
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06313
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt031746725
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt027181210
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04622090
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PLAN WAS ESTABLISHED TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt038437558
IRS990/NetAssetsOrFundBalancesEOYAmt034264204
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0827910
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0827910
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt055496
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt02712
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0732
IRS990/OtherAssetsTotalGrp/EOYAmt0422
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ACTUARY FEES
IRS990/OtherExpensesGrp/Desc1ADMINISTRATOR FEES
IRS990/OtherExpensesGrp/TotalAmt036128
IRS990/OtherExpensesGrp/TotalAmt127900
IRS990/OtherLiabilitiesGrp/BOYAmt01529297
IRS990/OtherLiabilitiesGrp/EOYAmt0379879
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARVIN SANDRIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05740761
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0469522
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0179149
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-5452788
IRS990/PYSalariesCompEmpBnftPaidAmt02400
IRS990/PYTotalExpensesAmt05922310
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0469522
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-4228850
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt038437558
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt034264204
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07221367
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06723274
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-1080071
IRS990ScheduleD/ExpensesSubtotalAmt06143144
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt069347
IRS990ScheduleD/InvestmentExpensesNotIncldAmt069347
IRS990ScheduleD/NetUnrealizedGainsInvstAmt055496
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-1149418
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0379879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BENEFIT CLAIMS PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt020351544
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt13497645
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt23332021
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PASSIVE INTER BOND INDEX
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MSCI ACWI EX USA INDEX SEC.
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MSCI U.S. INDEX SEC. LENDING
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/RevenueNotReportedAmt055496
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt069347
IRS990ScheduleD/RevenueSubtotalAmt0764876
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY NORTHWEST AIRLINES SEC. 1114 VEBA TRUST (THE "PLAN") AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT, AS OF APRIL 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR 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. PLAN MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN BENEFIT CLAIMS PAYABLE.......$(1,149,418.)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B:
IRS990ScheduleD/TotalBookValueSecuritiesAmt027181210
IRS990ScheduleD/TotalExpensesPerForm990Amt05063073
IRS990ScheduleD/TotalLiabilityAmt0379879
IRS990ScheduleD/TotalRevenuePerForm990Amt0834223
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0820372
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06143144
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19:
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt039997047
IRS990/TotalAssetsEOYAmt034667925
IRS990/TotalAssetsGrp/BOYAmt039997047
IRS990/TotalAssetsGrp/EOYAmt034667925
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt05063073
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01559489
IRS990/TotalLiabilitiesEOYAmt0403721
IRS990/TotalLiabilitiesGrp/BOYAmt01559489
IRS990/TotalLiabilitiesGrp/EOYAmt0403721
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038437558
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt034264204
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt02400
IRS990/TotalRevenueGrp/ExclusionAmt0834223
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0834223
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039997047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt034667925
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01940
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10304 S VICTORIA AVE SUITE C
IRS990/USAddress/City0PUEBLO
IRS990/USAddress/State0CO
IRS990/USAddress/ZIPCode081003
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARVIN SANDRIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum07197440043
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine10NORTHWEST AIRLINES SECTION 1114 VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0260234311
ReturnHeader/Filer/InCareOfNm0% DISCIPLINED BENEFIT SVCS
ReturnHeader/Filer/PhoneNum07197440043
ReturnHeader/Filer/USAddress/AddressLine10304 SOUTH VICTORIA AVENUE
ReturnHeader/Filer/USAddress/AddressLine20Suite C
ReturnHeader/Filer/USAddress/City0PUEBLO
ReturnHeader/Filer/USAddress/State0CO
ReturnHeader/Filer/USAddress/ZIPCode081003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BDO USA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10100 PARK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0100175001
ReturnHeader/PreparerPersonGrp/PhoneNum07197440043
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Paul Hammerschmidt
ReturnHeader/ReturnTs02015-03-06T16:14:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-05-01
ReturnHeader/TaxPeriodEndDt02014-04-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,667,925
Liabilities
$403,721
Net assets
$34,264,204
Revenue
$834,223
Expenses
$5,063,073
Net income
-$4,228,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.6$0.06$10.5$0.56$1.57$1.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$0.03$11.2$0.62$2.03$1.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$0.03$12.7$0.27$1.81$1.54
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.03$14.3$0.47$2.10$1.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$0.06$17.1$0.47$2.38$1.91
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.05$18.0$2.42$2.55$0.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$0.05$19.7$0.76$2.81$2.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$0.31$21.6$0.79$3.38$2.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$0.39$24.4$1.02$3.88$2.86
2016Detailed filing. Detailed filing data is available for this year.$27.8$0.42$27.4$0.39$3.80$3.41
2015Detailed filing. Detailed filing data is available for this year.$31.2$0.06$31.1$0.73$4.25$3.51
2014Detailed filing. Detailed filing data is available for this year.$34.7$0.40$34.3$0.83$5.06$4.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.0$1.56$38.4$5.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.4$0.02$42.4$7.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.5$0.03$48.5$8.39
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.2$0.02$54.1$9.97
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)9 • $25M-$50M nonprofits