Civic Intelligence

Midwest Iso Veba Trust

990EZ • Fiscal year 2023 • EIN 30-6042473

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 22, 2024

Organization ProfileN/A
PO Box 4202Carmel, IN 46082-4202

(317) 249-5400

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.00x

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

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Net Margin

93rd percentile

68%

Higher net margin than 93% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

3.4%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

223%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$160,037

Up $5,221 (+3.4%) from 2022

Net Assets

Up

$160,037

Up $5,221 (+3.4%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin93rd percentile

Revenue

Up

$7,721

Up $5,334 (+223%) from 2022

Expenses

Flat

$2,500

Flat from 2022

Net Income

Up

$5,221

Up $5,334 (+4720%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$200K$150K$100K$50K$0Assets 2017: $163,233Liabilities 2017: $0Net Assets 2017: $163,2332017Assets 2019: $164,302Liabilities 2019: $0Net Assets 2019: $164,3022019Assets 2020: $157,392Liabilities 2020: $0Net Assets 2020: $157,3922020Assets 2021: $154,929Liabilities 2021: $0Net Assets 2021: $154,9292021Assets 2022: $154,816Liabilities 2022: $0Net Assets 2022: $154,8162022Assets 2023: $160,037Liabilities 2023: $0Net Assets 2023: $160,0372023Assets 2024: $165,786Liabilities 2024: $0Net Assets 2024: $165,7862024

Highlighted filing

2023

Assets$160,037
Liabilities$0
Net Assets$160,037
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$10K$5.0K$0-$5.0K-$10KRevenue 2017: $1,185Expenses 2017: $2,500Net Income 2017: -$1,3152017Revenue 2019: $3,343Expenses 2019: $2,500Net Income 2019: $8432019Revenue 2020: $615Expenses 2020: $7,525Net Income 2020: -$6,9102020Revenue 2021: $37Expenses 2021: $2,500Net Income 2021: -$2,4632021Revenue 2022: $2,387Expenses 2022: $2,500Net Income 2022: -$1132022Revenue 2023: $7,721Expenses 2023: $2,500Net Income 2023: $5,2212023Revenue 2024: $8,249Expenses 2024: $2,500Net Income 2024: $5,7492024

Highlighted filing

2023

Revenue$7,721
Expenses$2,500
Net Income$5,221
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 22, 2024
Return Version
2023v5.1
Gross Receipts
$7,721
Mission and Program Overview

Mission

To provide post-retirement medical benefits to selected employees of midcontinent independent system operator, inc.

Program Services

DescriptionGrantsExpenses
NONE$0$0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PNC BANKTrusteeFT$0--
Filing and Contact Details

Filer

Filer Name
Midwest Iso Veba Trust
EIN
30-6042473
Phone
3172495400
Address
PO BOX 4202, CARMEL, IN 46082-4202

Signing Officer

Name
Allegra Nottage
Title
VP, Human Resources
Phone
3172495400
Signed
2024-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Deloitte Tax Llp
Address
1001 WOODWARD AVE SUITE 700, DETROIT, MI 48226
Preparer
Kristyn Forster
Phone
3133963000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income. Amount: 7,721.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: trustee fees. Amount: 2,500.”

Raw XML Appendix90 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MIDCONTINENT IND SYS OPERATOR INC
IRS990EZ/BooksInCareOfDetail/PhoneNum03172495400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0701 CITY CENTER DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARMEL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0460327574
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0154816
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0160037
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt05221
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0154816
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0160037
IRS990EZ/GrossReceiptsAmt07721
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0154816
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0160037
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0154816
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0160037
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PNC BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02500
IRS990EZ/OtherRevenueTotalAmt07721
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE POST-RETIREMENT MEDICAL BENEFITS TO SELECTED EMPLOYEES OF MIDCONTINENT INDEPENDENT SYSTEM OPERATOR, INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt02500
IRS990EZ/TotalRevenueAmt07721
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 7,721.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRUSTEE FEES. AMOUNT: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLEGRA NOTTAGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP, HUMAN RESOURCES
ReturnHeader/BusinessOfficerGrp/PhoneNum03172495400
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST ISO VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0306042473
ReturnHeader/Filer/PhoneNum03172495400
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4202
ReturnHeader/Filer/USAddress/CityNm0CARMEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0460824202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 WOODWARD AVE SUITE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DETROIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048226
ReturnHeader/PreparerPersonGrp/PhoneNum03133963000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTYN FORSTER
ReturnHeader/ReturnTs02024-08-22T14:35:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$160,037
Liabilities
$0
Net assets
$160,037
Revenue
$7,721
Expenses
$2,500
Net income
$5,221
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$0.08$0.03$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.08$0.03$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.02$0.03$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.00$0.03$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.01$0.08$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.03$0.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.01$0.03$0.01