Civic Intelligence

City of Minnetonka Hra Trust

EIN 30-6114890 • 501(c)9 • Minnetonka, MN

Profile

Fund health reimbursement arrangement benefits.

14600 Minnetonka BlvdMinnetonka, MN 55345

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2022

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.

501(c)9 • <$500k nonprofits • Source year 2022

Asset Growth

46th percentile

-100%

Faster asset growth than 46% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

-39%

Faster revenue growth than 47% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $255,821 (-100%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $255,821 (-100%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Down

$36,102

Down $22,986 (-39%) from 2021

Expenses

Down

$22,301

Down $21,224 (-49%) from 2021

Net Income

Down

$13,801

Down $1,762 (-11%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$300K$200K$100K$0Assets 2012: $239,219Liabilities 2012: $0Net Assets 2012: $239,2192012Assets 2013: $234,914Liabilities 2013: $0Net Assets 2013: $234,9142013Assets 2014: $241,923Net Assets 2014: $241,9232014Assets 2015: $241,955Net Assets 2015: $241,9552015Assets 2016: $250,108Net Assets 2016: $250,1082016Assets 2017: $246,555Net Assets 2017: $246,5552017Assets 2018: $236,979Net Assets 2018: $236,9792018Assets 2019: $232,617Net Assets 2019: $232,6172019Assets 2020: $239,662Net Assets 2020: $239,6622020Assets 2021: $255,821Net Assets 2021: $255,8212021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities-
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth47th percentile

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

$100K$50K$0-$50KRevenue 2012: $85,991Expenses 2012: $86,130Net Income 2012: -$1392012Revenue 2013: $79,471Expenses 2013: $83,776Net Income 2013: -$4,3052013Revenue 2014: $71,501Expenses 2014: $64,227Net Income 2014: $7,2742014Revenue 2015: $72,108Expenses 2015: $71,118Net Income 2015: $9902015Revenue 2016: $78,111Expenses 2016: $70,025Net Income 2016: $8,0862016Revenue 2017: $73,701Expenses 2017: $78,511Net Income 2017: -$4,8102017Revenue 2018: $71,161Expenses 2018: $79,067Net Income 2018: -$7,9062018Revenue 2019: $70,053Expenses 2019: $76,532Net Income 2019: -$6,4792019Revenue 2020: $61,986Expenses 2020: $57,250Net Income 2020: $4,7362020Revenue 2021: $59,088Expenses 2021: $43,525Net Income 2021: $15,5632021Revenue 2022: $36,102Expenses 2022: $22,301Net Income 2022: $13,8012022

Highlighted filing

2022

Revenue$36,102
Expenses$22,301
Net Income$13,801
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$36,102
Expenses
$22,301
Net income
$13,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.36$0.22$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.56$2.56$0.59$0.44$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.40$2.40$0.62$0.57$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.33$2.33$0.70$0.77$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.37$2.37$0.71$0.79$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.47$2.47$0.74$0.79$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.50$2.50$0.78$0.70$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.42$2.42$0.72$0.71$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.42$2.42$0.72$0.64$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.79$0.84$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.00$2.39$0.86$0.86$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 2, 2023
Return Version
2022v5.0
Gross Receipts
$36,102
Mission and Program Overview

Mission

Fund health reimbursement arrangement benefits.

Program Services

DescriptionGrantsExpenses
THE HEALTH REIMBURSEMENT ARRANGEMENT FUNDED BY THE ORGANIZATION MADE MEDICAL CARE REIMBURSEMENTS IN THE AMOUNT OF 42,728. EXPENSES RELATED TO THE INVESTMENT OF TRUST FUNDS TOTALED 797.-$22,301
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Trustee-$0--
MICHAEL FUNKAssistant Ci-$0--
Filing and Contact Details

Filer

Filer Name
City of Minnetonka Hra Trust
EIN
30-6114890
Phone
9529398214
Address
14600 MINNETONKA BLVD, MINNETONKA, MN 55345

Signing Officer

Name
Michael Funk
Title
Assistant City Mgr
Phone
9529398214
Signed
2023-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Lewis Kisch & Associates Ltd
Address
1125 SOUTH FRONTAGE ROAD SUITE 1, HASTINGS, MN 55033-2489
Preparer
Samantha R Mulvihill
Phone
6514373356
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20

“Unrealized loss on investments -4,656 assets destributed to new hra account -264,966”

Raw XML Appendix93 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt021682
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HEALTHEQUITY
IRS990EZ/BooksInCareOfDetail/PhoneNum06516627431
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01750 YANKEE DOODLE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAGAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055121
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0255821
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013801
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0619
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0255821
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt036102
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0578
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0255821
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0255821
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0MG TRUST COMPANY LLC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL FUNK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1ASSISTANT CI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-269622
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FUND HEALTH REIMBURSEMENT ARRANGEMENT BENEFITS.
IRS990EZ/ProgramServiceRevenueAmt035524
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE HEALTH REIMBURSEMENT ARRANGEMENT FUNDED BY THE ORGANIZATION MADE MEDICAL CARE REIMBURSEMENTS IN THE AMOUNT OF 42,728. EXPENSES RELATED TO THE INVESTMENT OF TRUST FUNDS TOTALED 797.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022301
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt022301
IRS990EZ/TotalProgramServiceExpensesAmt022301
IRS990EZ/TotalRevenueAmt036102
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNREALIZED LOSS ON INVESTMENTS -4,656 ASSETS DESTRIBUTED TO NEW HRA ACCOUNT -264,966
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 20
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL FUNK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT CITY MGR
ReturnHeader/BusinessOfficerGrp/PhoneNum09529398214
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CITY OF MINNETONKA HRA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0CITY
ReturnHeader/Filer/EIN0306114890
ReturnHeader/Filer/PhoneNum09529398214
ReturnHeader/Filer/USAddress/AddressLine1Txt014600 MINNETONKA BLVD
ReturnHeader/Filer/USAddress/CityNm0MINNETONKA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055345
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411620961
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEWIS KISCH & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01125 SOUTH FRONTAGE ROAD SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HASTINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0550332489
ReturnHeader/PreparerPersonGrp/PhoneNum06514373356
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMANTHA R MULVIHILL
ReturnHeader/ReturnTs02023-05-10T10:28:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FUNK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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