Civic Intelligence

New Doehler Jarvis Retiree Benefits Trust

990 • Fiscal year 2014 • EIN 32-0052906

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 08, 2015

8000 S JeffersonDetroit, MI 48214-3963

(313) 926-5321

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

62nd percentile

0.00x

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

2014 filings • 501(c)9 • <$500k nonprofits • Source year 2014

Net Margin

4th percentile

-23286%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)9 • <$500k nonprofits • Source year 2014

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2014 filings • 501(c)9 • <$500k nonprofits • Source year 2014

Asset Growth

6th percentile

-100%

Faster asset growth than 6% of similar nonprofits.

2014 filings • 501(c)9 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

95th percentile

129%

Faster revenue growth than 95% of similar nonprofits.

2014 filings • 501(c)9 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$0

Down $928,740 (-100%) from 2013

Net Assets

Down

$0

Down $928,740 (-100%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$3,978

Up $2,243 (+129%) from 2013

Expenses

Up

$930,286

Up $911,511 (+4855%) from 2013

Net Income

Down

-$926,308

Down $909,268 (-5336%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $620,072Liabilities 2010: $0Net Assets 2010: $620,0722010Assets 2011: $813,395Liabilities 2011: $0Net Assets 2011: $813,3952011Assets 2012: $797,801Liabilities 2012: $0Net Assets 2012: $797,8012012Assets 2013: $928,740Liabilities 2013: $0Net Assets 2013: $928,7402013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $418,2892010Expenses 2011: -$183,6512011Expenses 2012: $18,8122012Revenue 2013: $1,735Expenses 2013: $18,775Net Income 2013: -$17,0402013Revenue 2014: $3,978Expenses 2014: $930,286Net Income 2014: -$926,3082014

Highlighted filing

2014

Revenue$3,978
Expenses$930,286
Net Income-$926,308
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 8, 2015
Return Version
2014v5.0
Gross Receipts
$3,978
Mission and Program Overview

Mission

The plan is a contributory voluntary employee benefits plan available to certain uaw-represented retirees and their dependents and certain disabled former employees and their dependents who were previously eligible under a 1992 settlement agreement between liam ventures, nl industries & the uaw.

To provide prescription drug and medical insurance benefits to certain retirees of liam venture and nl industries, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$928,740$0▼ $928,740
Accounts Receivable$850,152$0▼ $850,152
Savings and Temporary Cash Investments$78,588$0▼ $78,588
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$928,740$0▼ $928,740
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$928,740$0▼ $928,740
Total Liabilities and Net Assets / Fund Balance$928,740$0▼ $928,740
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kim TownsendBenefits Committee Member
Roger J McclowBenefits Committee Member
Sarah W DoyleBenefits Committee Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$3,978
Other Revenue
$0
Change in Net Assets
$-926,308

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,978
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,432
Total Revenue per Audited Statements
$1,546
Total Revenue per Form 990
$3,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75,850
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---$854,436
Fees for Services Management---$30,137
Fees for Services Accounting---$29,000
Insurance---$10,213
Fees for Service Investment Mgmnt Fees---$6,500
Total Functional Expenses$0$0$0$930,286

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$930,286
Total Expenses per Audited Statements$930,286
Total Expenses per Form 990$930,286
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 A, Line 8B

The organization does not have separate committees.

Form 990, Part VI, Section B, Line 11

Tax return is reviewed by the responsible members of the governing body prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New Doehler Jarvis Retiree Benefits Trust
EIN
32-0052906
Phone
3139265321
Address
8000 S JEFFERSON, DETROIT, MI 48214-3963

Signing Officer

Name
Sarah W Doyle
Title
Member
Phone
3139265321
Signed
2015-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah W Doyle
Formed
2003
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Bdo USA Llp
Address
32125 SOLON ROAD, SOLON, OH 44139-2284
Preparer
Kenneth L Levine
Phone
4402488787
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit oversight or selection of an independent accountant process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The trust established under the plan had received a letter from the internal revenue service dated december 4, 2003, stating that the trust is tax-exempt under the provisions of section 501(c)(9) of the internal revenue code (the code) as a voluntary employee beneficiary association. The trust is required to operate in conformity with the code to maintain the tax-exempt status of the trust. The plan administrator believes the trust is being operated in compliance with the applicable requirements of the code and, therefore, believes the trust is tax exempt. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by 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 tax authorities. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 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. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2011.

Raw XML Appendix285 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST ESTABLISHED UNDER THE PLAN HAD RECEIVED A LETTER FROM THE INTERNAL REVENUE SERVICE DATED DECEMBER 4, 2003, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (THE CODE) AS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION. THE TRUST IS REQUIRED TO OPERATE IN CONFORMITY WITH THE CODE TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THE TRUST IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE CODE AND, THEREFORE, BELIEVES THE TRUST IS TAX EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY 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 TAX AUTHORITIES. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 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. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE SEPARATE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURN IS REVIEWED BY THE RESPONSIBLE MEMBERS OF THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDIT OVERSIGHT OR SELECTION OF AN INDEPENDENT ACCOUNTANT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BDO USA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032125 SOLON ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOLON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441392284
ReturnHeader/PreparerPersonGrp/PhoneNum04402488787
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH L LEVINE
ReturnHeader/ReturnTs02015-11-12T13:40:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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