Civic Intelligence

Metropolitan Employees Benefits Association

990 • Fiscal year 2017 • EIN 33-0661389

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 18, 2018

1843 Hotel Circle South No 300San Diego, CA 92108

(619) 481-5963

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

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

2017 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2017 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2017

Net Margin

32nd percentile

0.0%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

38th percentile

$1

Higher top officer pay than 38% of similar nonprofits.

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

2017 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2017

Asset Growth

28th percentile

1.3%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

0.9%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,291,103

Up $28,688 (+1.3%) from 2016

Net Assets

Up

$2,282,862

Up $30,872 (+1.4%) from 2016

Liabilities

Down

$8,241

Down $2,184 (-21%) from 2016

Revenue

Up

$50,517,164

Up $433,918 (+0.9%) from 2016

Expenses

Up

$50,509,732

Up $406,028 (+0.8%) from 2016

Net Income

Up

$7,432

Up $27,890 (+136%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2013: $8,051,065Liabilities 2013: $5,699,566Net Assets 2013: $2,351,4992013Assets 2014: $2,920,073Liabilities 2014: $185,409Net Assets 2014: $2,734,6642014Assets 2015: $2,282,897Liabilities 2015: $10,449Net Assets 2015: $2,272,4482015Assets 2016: $2,262,415Liabilities 2016: $10,425Net Assets 2016: $2,251,9902016Assets 2017: $2,291,103Liabilities 2017: $8,241Net Assets 2017: $2,282,8622017Assets 2018: $2,227,795Liabilities 2018: $469Net Assets 2018: $2,227,3262018Assets 2019: $2,661,875Liabilities 2019: $220,977Net Assets 2019: $2,440,8982019Assets 2020: $7,370,234Liabilities 2020: $4,785,661Net Assets 2020: $2,584,5732020Assets 2021: $3,014,637Liabilities 2021: $308,717Net Assets 2021: $2,705,9202021Assets 2022: $2,685,600Liabilities 2022: $1,149,207Net Assets 2022: $1,536,3932022Assets 2023: $2,616,141Liabilities 2023: $941,317Net Assets 2023: $1,674,8242023Assets 2024: $2,422,512Liabilities 2024: $654,302Net Assets 2024: $1,768,2102024

Highlighted filing

2017

Assets$2,291,103
Liabilities$8,241
Net Assets$2,282,862

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2013: $96,059,169Expenses 2013: $101,315,695Net Income 2013: -$5,256,5262013Revenue 2014: $81,900,805Expenses 2014: $81,517,640Net Income 2014: $383,1652014Revenue 2015: $48,749,330Expenses 2015: $49,211,546Net Income 2015: -$462,2162015Revenue 2016: $50,083,246Expenses 2016: $50,103,704Net Income 2016: -$20,4582016Revenue 2017: $50,517,164Expenses 2017: $50,509,732Net Income 2017: $7,4322017Revenue 2018: $52,795,377Expenses 2018: $52,752,035Net Income 2018: $43,3422018Revenue 2019: $61,820,703Expenses 2019: $61,774,030Net Income 2019: $46,6732019Revenue 2020: $62,038,820Expenses 2020: $62,000,777Net Income 2020: $38,0432020Revenue 2021: $65,709,658Expenses 2021: $65,637,420Net Income 2021: $72,2382021Revenue 2022: $66,867,724Expenses 2022: $67,802,610Net Income 2022: -$934,8862022Revenue 2023: $69,334,863Expenses 2023: $69,355,384Net Income 2023: -$20,5212023Revenue 2024: $71,465,840Expenses 2024: $71,406,714Net Income 2024: $59,1262024

Highlighted filing

2017

Revenue$50,517,164
Expenses$50,509,732
Net Income$7,432
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 18, 2018
Return Version
2017v2.2
Gross Receipts
$50,589,230
Mission and Program Overview

Mission

To establish, through cooperative efforts of school employers and school unions, a comprehensive health and benefits program

To provide health & welfare benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,251,990$2,282,862▲ $30,872
Investments in Publicly Traded Securities-$2,045,003-
Savings and Temporary Cash Investments$1,359,660$214,703▼ $1,144,957
Cash and Non-Interest-Bearing Accounts$900,000$30,714▼ $869,286
Prepaid Expenses and Deferred Charges$2,755$683▼ $2,072
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,262,415$2,291,103▲ $28,688
Liabilities
Accounts Payable and Accrued Expenses$10,425$8,241▼ $2,184
Total Liabilities$10,425$8,241▼ $2,184
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,251,990$2,282,862▲ $30,872
Total Liabilities and Net Assets / Fund Balance$2,262,415$2,291,103▲ $28,688
Compensation and Service Providers

Employees

NameTitleOtherTotal
See Schedule O for CompensationPaid by Related Organization$1$1

Board Members and Trustees

NameTitle
Catherine StrotherTrustee
Clark HamptonTrustee
Denice ScarolaTrustee
Elizabeth BleyTrustee
Gordon AmersonTrustee
Greg YoungTrustee
Matthew KrauseTrustee
Patrick PreziosoTrustee
Ronda WalenTrustee
Christine BalentineTrustee - Past
Katie NunanTrustee - Past
Marianne MonfilsTrustee - Past
Rich MontgomeryTrustee - Past
Vicki SoderbergTrustee - Past
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$50,486,899
Investment Income
$30,265
Other Revenue
$0
Change in Net Assets
$7,432

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,515,771
Revenue Not Reported on Financial Statements
$1,393
Revenue Not Reported on Form 990
$23,440
Total Revenue per Audited Statements
$50,539,211
Total Revenue per Form 990
$50,517,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$208,277
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---$50,301,455
Fees for Services Other---$97,500
Fees for Services Management---$60,000
Fees for Services Accounting---$13,926
Insurance---$10,754
Conferences and Meetings---$10,734
Advertising---$4,926
Fees for Services Legal---$4,109
Office Expenses---$3,571
Fees for Service Investment Mgmnt Fees---$1,393
Information Technology---$1,364
Total Functional Expenses$0$0$0$50,509,732

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$50,509,732
Expenses per Audited Statements$50,508,339
Total Expenses per Audited Statements$50,508,339
Expenses Not Reported on Financial Statements$1,393
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
Backup withholding compliance
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
Yes
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 any committees with authority to act on behalf of the governing body.

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

The administrator performs the initial review of the form 990 and verifies the information to the audited financial statements. The form 990 was reviewed in detail with the board prior to filing with the irs.

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

All trustees must annually submit signed disclosures to the chair and co-chair of the organization indicating that they will abide by the requirements set forth in the conflict of interest policy. If there is a known conflict of interest, the affected individual is disqualified and must recuse him/herself from the decision making process.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements, governing documents and conflict of interest policy available to the public upon request.

Form 990, Part VII, Section A, Line 1A

Trustees are not compensated by the trust. Trustees are employed by the contributing school districts or sponsoring organizations (california teachers association and california school employees' association) (related organizations). Informatiion regarding compensation paid to trustees by the school districts can be requested free of charge from the school districts (refer to schedule r of the form 990 for a list of the contributing school districts) in accordance with california government code section 6250 through 6276.48 of the california public records act. Compensation paid to trustees by the sponsoring organizations (california teachers association and california school employees' association) is reported on the form 990 filed with the internal revenue service by the related tax-exempt organization. If you would like additional information, please contact the third-party administrator, mcgregor & associates, inc.

Filing and Contact Details

Filer

Filer Name
Metropolitan Employees Benefits
EIN
33-0661389
Phone
6194815963
Address
1843 HOTEL CIRCLE SOUTH NO 300, SAN DIEGO, CA 92108
Doing Business As
California Schools Benefits Trust

Signing Officer

Name
Ronda Walen
Title
Trustee
Phone
6194815963
Signed
2018-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronda Walen
Formed
1994
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Lindquist Llp
Address
600 CITY PARKWAY WEST SUITE 300, ORANGE, CA 92868
Preparer
Richard G Thiermann
Phone
7142570100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of trustees has responsibility for oversight of the audit and selection of an independent accountant. This process has not changed.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate the tax positions taken by the plan and to recognize a tax liability if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. The plan has analyzed the tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The plan is subject to routine audits by the taxing jurisdictions; however,there are currently no audits for any tax periods in progress. The plan believes it is no longer subject to income tax examinations for the fiscal years prior to 2014.

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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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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0683
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE PLAN AND TO RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN HAS ANALYZED THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER,THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE FISCAL YEARS PRIOR TO 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt050517164
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ADMINISTRATOR PERFORMS THE INITIAL REVIEW OF THE FORM 990 AND VERIFIES THE INFORMATION TO THE AUDITED FINANCIAL STATEMENTS. THE FORM 990 WAS REVIEWED IN DETAIL WITH THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL TRUSTEES MUST ANNUALLY SUBMIT SIGNED DISCLOSURES TO THE CHAIR AND CO-CHAIR OF THE ORGANIZATION INDICATING THAT THEY WILL ABIDE BY THE REQUIREMENTS SET FORTH IN THE CONFLICT OF INTEREST POLICY. IF THERE IS A KNOWN CONFLICT OF INTEREST, THE AFFECTED INDIVIDUAL IS DISQUALIFIED AND MUST RECUSE HIM/HERSELF FROM THE DECISION MAKING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRUSTEES ARE NOT COMPENSATED BY THE TRUST. TRUSTEES ARE EMPLOYED BY THE CONTRIBUTING SCHOOL DISTRICTS OR SPONSORING ORGANIZATIONS (CALIFORNIA TEACHERS ASSOCIATION AND CALIFORNIA SCHOOL EMPLOYEES' ASSOCIATION) (RELATED ORGANIZATIONS). INFORMATIION REGARDING COMPENSATION PAID TO TRUSTEES BY THE SCHOOL DISTRICTS CAN BE REQUESTED FREE OF CHARGE FROM THE SCHOOL DISTRICTS (REFER TO SCHEDULE R OF THE FORM 990 FOR A LIST OF THE CONTRIBUTING SCHOOL DISTRICTS) IN ACCORDANCE WITH CALIFORNIA GOVERNMENT CODE SECTION 6250 THROUGH 6276.48 OF THE CALIFORNIA PUBLIC RECORDS ACT. COMPENSATION PAID TO TRUSTEES BY THE SPONSORING ORGANIZATIONS (CALIFORNIA TEACHERS ASSOCIATION AND CALIFORNIA SCHOOL EMPLOYEES' ASSOCIATION) IS REPORTED ON THE FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE BY THE RELATED TAX-EXEMPT ORGANIZATION. IF YOU WOULD LIKE ADDITIONAL INFORMATION, PLEASE CONTACT THE THIRD-PARTY ADMINISTRATOR, MCGREGOR & ASSOCIATES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CALIFORNIA TEACHERS ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CALIFORNIA SCHOOL EMPLOYEE'S ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CAPISTRANO UNIFIED SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3CHARTER OAK UNIFIED SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4LA HABRA CITY SCHOOL DISTRICT
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TEACHER ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EMPLOYEE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01705 MURCHISON DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12045 LUNDY AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt233122 VALLE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt320240 EAST CIENEGA AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4500 N WALNUT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BURLINGAME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SAN JOSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2SAN JUAN CAPISTRANO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3COVINA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4LA HABRA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094010
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
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IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
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IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
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IRS990/TaxExemptBondsInd00
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IRS990/TerminateOperationsInd00
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IRS990/TotalLiabilitiesGrp/EOYAmt08241
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