Civic Intelligence

Veba Inc Veba Trust C/O Four Seasons

990 • Fiscal year 2020 • EIN 26-6641110

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileN/A
1165 Leslie StreetToronto, Ontario M3C 2K8CA

(416) 441-4329

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

20th percentile

0.00x

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

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Net Margin

22nd percentile

-2.9%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2020 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2020

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-8.3%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$6,007,257

Down $1,656,016 (-22%) from 2019

Net Assets

Down

$6,007,257

Down $1,656,016 (-22%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin22nd percentile

Revenue

Down

$57,725,551

Down $5,245,399 (-8.3%) from 2019

Expenses

Down

$59,381,567

Down $5,903,090 (-9.0%) from 2019

Net Income

Up

-$1,656,016

Up $657,691 (+28%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$15M$10M$5.0M$0Assets 2013: $5,070,658Liabilities 2013: $0Net Assets 2013: $5,070,6582013Assets 2014: $8,943,018Liabilities 2014: $0Net Assets 2014: $8,943,0182014Assets 2015: $11,418,755Liabilities 2015: $0Net Assets 2015: $11,418,7552015Assets 2016: $11,001,530Liabilities 2016: $0Net Assets 2016: $11,001,5302016Assets 2017: $8,509,437Liabilities 2017: $0Net Assets 2017: $8,509,4372017Assets 2018: $9,976,980Liabilities 2018: $0Net Assets 2018: $9,976,9802018Assets 2019: $7,663,273Liabilities 2019: $0Net Assets 2019: $7,663,2732019Assets 2020: $6,007,257Liabilities 2020: $0Net Assets 2020: $6,007,2572020Assets 2021: $1,816,913Liabilities 2021: $0Net Assets 2021: $1,816,9132021Assets 2022: $13,179,317Liabilities 2022: $0Net Assets 2022: $13,179,3172022Assets 2023: $13,467,247Liabilities 2023: $0Net Assets 2023: $13,467,2472023Assets 2024: $10,626,080Liabilities 2024: $0Net Assets 2024: $10,626,0802024

Highlighted filing

2020

Assets$6,007,257
Liabilities$0
Net Assets$6,007,257
Open 2020 Filing

Operations Trend

Revenue Growth27th percentile

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

$100M$50M$0-$50MRevenue 2013: $49,346,016Expenses 2013: $47,544,990Net Income 2013: $1,801,0262013Revenue 2014: $52,677,024Expenses 2014: $48,804,664Net Income 2014: $3,872,3602014Revenue 2015: $56,422,854Expenses 2015: $53,947,117Net Income 2015: $2,475,7372015Revenue 2016: $53,008,939Expenses 2016: $53,426,164Net Income 2016: -$417,2252016Revenue 2017: $54,841,268Expenses 2017: $57,333,361Net Income 2017: -$2,492,0932017Revenue 2018: $59,271,816Expenses 2018: $57,804,273Net Income 2018: $1,467,5432018Revenue 2019: $62,970,950Expenses 2019: $65,284,657Net Income 2019: -$2,313,7072019Revenue 2020: $57,725,551Expenses 2020: $59,381,567Net Income 2020: -$1,656,0162020Revenue 2021: $41,959,741Expenses 2021: $46,150,085Net Income 2021: -$4,190,3442021Revenue 2022: $59,425,488Expenses 2022: $48,063,084Net Income 2022: $11,362,4042022Revenue 2023: $68,867,565Expenses 2023: $68,579,635Net Income 2023: $287,9302023Revenue 2024: $73,660,391Expenses 2024: $76,501,558Net Income 2024: -$2,841,1672024

Highlighted filing

2020

Revenue$57,725,551
Expenses$59,381,567
Net Income-$1,656,016
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$57,725,551
Mission and Program Overview

Mission

To fund welfare benefits for employees of four seasons and other related organizations and their eligible dependents.

To fund welfare benefits for employees of four seasons and other related organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,655,003$6,007,257▼ $1,647,746
Rtn Earn Endowment Incm Other Fnds$7,663,273$6,007,257▼ $1,656,016
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$7,663,273$6,007,257▼ $1,656,016
Other Assets Total$8,270$0▼ $8,270
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,663,273$6,007,257▼ $1,656,016
Total Liabilities and Net Assets / Fund Balance$7,663,273$6,007,257▼ $1,656,016
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
-Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
CignaContract Administration900 COTTAGE GROVE RD, Bloomfield, CT 06002$7,710,647
Lockton CompaniesConsultant3 CITYPLACE DRIVE STE 900, St Louis, MO 63141$152,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$57,695,176
Investment Income
$30,375
Other Revenue
$0
Change in Net Assets
$-1,656,016

Audited Revenue Reconciliation

Revenue per Audited Statements
$57,725,551
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$57,725,551
Total Revenue per Form 990
$57,725,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,002,023
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$51,379,544--$51,379,544
Fees for Services Other-$7,933,190-$7,933,190
Fees for Service Investment Mgmnt Fees-$46,086-$46,086
Fees for Services Accounting-$22,747-$22,747
Total Functional Expenses$51,379,544$8,002,023$0$59,381,567

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$59,381,567
Total Expenses per Audited Statements$59,381,567
Total Expenses per Form 990$59,381,567
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
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management duties have been delegated to the plan administrator of the group health plans maintained by four seasons.”

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

“Form 990 is prepared by an independent consultant on the basis of the audited financial report and information provided by the plan administrators of the group health plans maintained by four seasons. It is reviewed by plan administrators.”

Form 990, Part VI, Section B, Line 12C

“Four seasons monitors adherence to its conflict of interest policies.”

Form 990, Part VI, Section B, Line 15

“The veba does not have a ceo, executive director or top management official; management has been delegated to the plan administrators of the group health plans maintained by four seasons.”

Form 990, Part VI, Section C, Line 19

“Summary annual reports are provided to participants. Plan documents and annual reports are available upon request.”

FORM 990, PART VI, SECTION A, LINE 9:

“The address for bny mellon, trustee, is: 1735 market street, 8th floor philadelphia, pa 19103”

Filing and Contact Details

Filer

Filer Name
Veba Inc Veba Trust
EIN
26-6641110
Phone
4164414329
Address
CA

Signing Officer

Name
Bny Mellon
Title
Trustee
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bny Mellon - Sandy Delahu
Formed
2003
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Armanino Llp
Address
6 CITYPLACE DRIVE SUITE 900, ST LOUIS, MO 63141
Preparer
Jennifer M Vacha
Phone
3149831200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract administration fees: program service expenses 0. Management and general expenses 7,710,647. Fundraising expenses 0. Total expenses 7,710,647. Actuary consultants: program service expenses 0. Management and general expenses 212,000. Fundraising expenses 0. Total expenses 212,000. Other fees: program service expenses 0. Management and general expenses 10,543. Fundraising expenses 0. Total expenses 10,543.”

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for oversight of the audit and the process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The veba trust established under the plan to hold the plan's net assets is qualified, pursuant to internal revenue code section 501(c)(9), and accordingly, the trust's net investment income is exempt from income taxes. The veba trust funding certain benefits of the plan received an exemption letter from the irs dated november 14, 2008 stating the trust is tax exempt. The plan's trustees believe that the trust, as amended, remains qualified and operating as designed. The plan administrator has analyzed the tax positions taken by the plan and has concluded that as of december 31, 2020 there are no uncertain tax 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.”

Raw XML Appendix319 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FUND WELFARE BENEFITS FOR EMPLOYEES OF FOUR SEASONS AND OTHER RELATED ORGANIZATIONS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt051379544
IRS990/BenefitsToMembersGrp/TotalAmt051379544
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FOUR SEASONS HOTELS LIMITED
IRS990/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt01165 LESLIE STREET
IRS990/BooksInCareOfDetail/ForeignAddress/CityNm0TORONTO
IRS990/BooksInCareOfDetail/ForeignAddress/CountryCd0CA
IRS990/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd0M3C 2K8
IRS990/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0ONTARIO
IRS990/BooksInCareOfDetail/PhoneNum04164414329
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt07710647
IRS990/ContractorCompensationGrp/CompensationAmt1152000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0900 COTTAGE GROVE RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13 CITYPLACE DRIVE STE 900
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BLOOMFIELD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ST LOUIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd006002
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd163141
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CIGNA
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1LOCKTON COMPANIES
IRS990/ContractorCompensationGrp/ServicesDesc0CONTRACT ADMINISTRATION
IRS990/ContractorCompensationGrp/ServicesDesc1CONSULTANT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt051379544
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt030375
IRS990/CYOtherExpensesAmt08002023
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt057695176
IRS990/CYRevenuesLessExpensesAmt0-1656016
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt059381567
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt057725551
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0PAYMENT FOR HEALTH CARE EXPENSES FOR 9,825 PARTICIPANTS AND THEIR DEPENDENTS, AS WELL AS ADMINISTRATIVE EXPENSES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt051379544
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022747
IRS990/FeesForServicesAccountingGrp/TotalAmt022747
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt07933190
IRS990/FeesForServicesOtherGrp/TotalAmt07933190
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt046086
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt046086
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0BNY MELLON
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt057725551
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030375
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt030375
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FUND WELFARE BENEFITS FOR EMPLOYEES OF FOUR SEASONS AND OTHER RELATED ORGANIZATIONS AND THEIR ELIGIBLE DEPENDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07663273
IRS990/NetAssetsOrFundBalancesEOYAmt06007257
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08270
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BNY MELLON - SANDY DELAHU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER & EMPLOYEE CO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt057695176
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt057695176
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt055460000
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0169047
IRS990/PYOtherExpensesAmt09824657
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt062801903
IRS990/PYRevenuesLessExpensesAmt0-2313707
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt065284657
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt062970950
IRS990/ReconcilationRevenueExpnssAmt0-1656016
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07663273
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt07655003
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt059381567
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt057725551
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S NET ASSETS IS QUALIFIED, PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(9), AND ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE VEBA TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED NOVEMBER 14, 2008 STATING THE TRUST IS TAX EXEMPT. THE PLAN'S TRUSTEES BELIEVE THAT THE TRUST, AS AMENDED, REMAINS QUALIFIED AND OPERATING AS DESIGNED. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020 THERE ARE NO UNCERTAIN TAX 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt059381567
IRS990ScheduleD/TotalRevenuePerForm990Amt057725551
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt057725551
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt059381567
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES HAVE BEEN DELEGATED TO THE PLAN ADMINISTRATOR OF THE GROUP HEALTH PLANS MAINTAINED BY FOUR SEASONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN INDEPENDENT CONSULTANT ON THE BASIS OF THE AUDITED FINANCIAL REPORT AND INFORMATION PROVIDED BY THE PLAN ADMINISTRATORS OF THE GROUP HEALTH PLANS MAINTAINED BY FOUR SEASONS. IT IS REVIEWED BY PLAN ADMINISTRATORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOUR SEASONS MONITORS ADHERENCE TO ITS CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VEBA DOES NOT HAVE A CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL; MANAGEMENT HAS BEEN DELEGATED TO THE PLAN ADMINISTRATORS OF THE GROUP HEALTH PLANS MAINTAINED BY FOUR SEASONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUMMARY ANNUAL REPORTS ARE PROVIDED TO PARTICIPANTS. PLAN DOCUMENTS AND ANNUAL REPORTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ADDRESS FOR BNY MELLON, TRUSTEE, IS: 1735 MARKET STREET, 8TH FLOOR PHILADELPHIA, PA 19103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,710,647. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,710,647. ACTUARY CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 212,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 212,000. OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,543. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,543.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0980046457
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CityNm0TORONTO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CountryCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/ProvinceOrStateNm0ON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOTEL OPERATOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0THE EMPLOYEE BENEFITS COMMITTEE FOUR SEASONS HOTELS LIMITED
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07663273
IRS990/TotalAssetsEOYAmt06007257
IRS990/TotalAssetsGrp/BOYAmt07663273
IRS990/TotalAssetsGrp/EOYAmt06007257
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08002023
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt051379544
IRS990/TotalFunctionalExpensesGrp/TotalAmt059381567
IRS990/TotalGrossUBIAmt030375
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06007257
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057695176
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt057725551
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt030375
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06007257
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019103
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/ForeignPhoneNum04164414329
ReturnHeader/BusinessOfficerGrp/PersonNm0BNY MELLON
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VEBA INC VEBA TRUST
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ReturnHeader/Filer/BusinessNameControlTxt0VEBA
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ReturnHeader/Filer/ForeignAddress/AddressLine1Txt01165 LESLIE STREET
ReturnHeader/Filer/ForeignAddress/CityNm0TORONTO
ReturnHeader/Filer/ForeignAddress/CountryCd0CA
ReturnHeader/Filer/ForeignAddress/ForeignPostalCd0M3C 2K8
ReturnHeader/Filer/ForeignAddress/ProvinceOrStateNm0ONTARIO
ReturnHeader/Filer/PhoneNum04164414329
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0946214841
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARMANINO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 CITYPLACE DRIVE SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST LOUIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063141
ReturnHeader/PreparerPersonGrp/PhoneNum03149831200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER M VACHA
ReturnHeader/ReturnTs02021-11-11T16:27:23-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BNY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MELLON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,007,257
Liabilities
$0
Net assets
$6,007,257
Revenue
$57,725,551
Expenses
$59,381,567
Net income
-$1,656,016
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.00$10.6$73.7$76.5$2.84
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$0.00$13.5$68.9$68.6$0.29
2022Detailed filing. Detailed filing data is available for this year.$13.2$0.00$13.2$59.4$48.1$11.4
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.00$1.82$42.0$46.2$4.19
2020Detailed filing. Detailed filing data is available for this year.$6.01$0.00$6.01$57.7$59.4$1.66
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.66$0.00$7.66$63.0$65.3$2.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.98$0.00$9.98$59.3$57.8$1.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.51$0.00$8.51$54.8$57.3$2.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$0.00$11.0$53.0$53.4$0.42
2015Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$56.4$53.9$2.48
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.94$0.00$8.94$52.7$48.8$3.87
2013Detailed filing. Detailed filing data is available for this year.$5.07$0.00$5.07$49.3$47.5$1.80