Civic Intelligence

State Chemical Veba Trust 001050974601

EIN 34-1280081 • 501(c)9

Profile

The trust is the funding vehicle for the plan sponsor's payment of health and welfare benefits.

C/O U S Bank Na P O Box 204353201-9668
Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.00x

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

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

54th percentile

3.2%

Higher net margin than 54% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$10,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Asset Growth

82nd percentile

20%

Faster asset growth than 82% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

6.0%

Faster revenue growth than 50% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$1,442,301

Up $485,047 (+51%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$1,442,301

Up $485,047 (+51%) from 2022

Operations
Liabilities / Revenue38th percentileNet Margin54th percentile

Revenue

Up

$7,287,552

Up $929,667 (+15%) from 2022

Expenses

Down

$7,052,086

Down $53,288 (-0.7%) from 2022

Net Income

Up

$235,466

Up $982,955 (+132%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,508,664Liabilities 2010: $0Net Assets 2010: $1,508,6642010Assets 2011: $1,299,681Liabilities 2011: $0Net Assets 2011: $1,299,6812011Assets 2012: $1,454,402Liabilities 2012: $0Net Assets 2012: $1,454,4022012Assets 2013: $590,183Liabilities 2013: $0Net Assets 2013: $590,1832013Assets 2014: $439,424Liabilities 2014: $0Net Assets 2014: $439,4242014Assets 2020: $1,150,142Liabilities 2020: $0Net Assets 2020: $1,150,1422020Assets 2021: $1,704,739Liabilities 2021: $0Net Assets 2021: $1,704,7392021Assets 2022: $957,254Liabilities 2022: $0Net Assets 2022: $957,2542022Assets 2024: $1,442,301Liabilities 2024: $0Net Assets 2024: $1,442,3012024

Highlighted filing

2024

Assets$1,442,301
Liabilities$0
Net Assets$1,442,301
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $4,576,2352010Expenses 2011: $4,807,3872011Expenses 2012: $4,570,5612012Revenue 2013: $3,338,036Expenses 2013: $4,202,255Net Income 2013: -$864,2192013Revenue 2014: $660,012Expenses 2014: $810,771Net Income 2014: -$150,7592014Revenue 2020: $5,631,880Expenses 2020: $5,482,089Net Income 2020: $149,7912020Revenue 2021: $7,504,552Expenses 2021: $6,949,956Net Income 2021: $554,5962021Revenue 2022: $6,357,885Expenses 2022: $7,105,374Net Income 2022: -$747,4892022Revenue 2024: $7,287,552Expenses 2024: $7,052,086Net Income 2024: $235,4662024

Highlighted filing

2024

Revenue$7,287,552
Expenses$7,052,086
Net Income$235,466
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,442,301
Liabilities
$0
Net assets
$1,442,301
Revenue
$7,287,552
Expenses
$7,052,086
Net income
$235,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$7.29$7.05$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$6.36$7.11$0.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.00$1.70$7.50$6.95$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$5.63$5.48$0.15
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$0.66$0.81$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$3.34$4.20$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$4.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.00$1.30$4.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.00$1.51$4.58
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2013 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 19, 2014
Return Version
2013v3.1
Gross Receipts
$3,338,036
Mission and Program Overview

Mission

The trust is the funding vehicle for the plan sponsor's payment of health and welfare benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,454,402$590,183▼ $864,219
Cap Stk Tr Prin Current Funds$1,454,402$590,183▼ $864,219
Total Assets$1,454,402$590,183▼ $864,219
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,454,402$590,183▼ $864,219
Total Liabilities and Net Assets / Fund Balance$1,454,402$590,183▼ $864,219
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleBaseTotal
-Trustee$2,320$2,320
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,338,031
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-864,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,320
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$4,199,935--$4,199,935
Current Officers, Directors, Trustees, and Key Employees-$2,320-$2,320
Total Functional Expenses$4,199,935$2,320$0$4,202,255
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“The organization does not have any organized committees.”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“The form 990 is prepared and reviewed by members of the corporate trustee's trust tax department.”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

“The corporate trustee requires disclosure of any conflicts of interest by its officers and staff members. U s bank na conducts internal audits of its accounts through an account review by a peer or by its internal audit department.”

Filing and Contact Details

Filer

EIN
34-1280081
Phone
4147656556

Signing Officer

Name
U S Bank Na Trustee
Title
Vice President
Phone
4147656556
Signed
2014-05-19

Organization Details

Formed
1984
Legal Domicile
Oh
Voting Board Members
0
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Description for Making Documents Public

“Upon written request to corporate trustee.”

Raw XML Appendix206 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE TRUST IS THE FUNDING VEHICLE FOR THE PLAN SPONSOR'S PAYMENT OF HEALTH AND WELFARE BENEFITS.
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt04199935
IRS990/BenefitsToMembersGrp/TotalAmt04199935
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10U S BANK NA
IRS990/BooksInCareOfDetail/PhoneNum04147656556
IRS990/BooksInCareOfDetail/USAddress/AddressLine10777 E MICHIGAN AVE MK-WI-T15C
IRS990/BooksInCareOfDetail/USAddress/City0MILWAUKEE
IRS990/BooksInCareOfDetail/USAddress/State0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode053202
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01454402
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0590183
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt02320
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02320
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04199935
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03338031
IRS990/CYRevenuesLessExpensesAmt0-864219
IRS990/CYSalariesCompEmpBnftPaidAmt02320
IRS990/CYTotalExpensesAmt04202255
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03338036
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE TRUST IS THE FUNDING VEHICLE FOR THE PLAN SPONSOR'S PAYMENT OF HEALTH AND WELFARE BENEFITS, INCLUDING SICKNESS, ACCIDENT, LIFE, DISABILITY & OTHER ITEMS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt04199935
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine10U S BANK NA
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03338036
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE TRUST IS THE FUNDING VEHICLE FOR THE PLAN SPONSOR'S PAYMENT OF HEALTH AND WELFARE BENEFITS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01454402
IRS990/NetAssetsOrFundBalancesEOYAmt0590183
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0446199
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER FUNDING OF HEALTH BENEFITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03338031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03338031
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt04567921
IRS990/PYExcessBenefitTransInd0false
IRS990/PYProgramServiceRevenueAmt04725282
IRS990/PYRevenuesLessExpensesAmt0154721
IRS990/PYSalariesCompEmpBnftPaidAmt02640
IRS990/PYTotalExpensesAmt04570561
IRS990/PYTotalRevenueAmt04725282
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-864219
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01454402
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0590183
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY ORGANIZED COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED AND REVIEWED BY MEMBERS OF THE CORPORATE TRUSTEE'S TRUST TAX DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATE TRUSTEE REQUIRES DISCLOSURE OF ANY CONFLICTS OF INTEREST BY ITS OFFICERS AND STAFF MEMBERS. U S BANK NA CONDUCTS INTERNAL AUDITS OF ITS ACCOUNTS THROUGH AN ACCOUNT REVIEW BY A PEER OR BY ITS INTERNAL AUDIT DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN REQUEST TO CORPORATE TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3DESCRIPTION FOR MAKING DOCUMENTS PUBLIC
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01454402
IRS990/TotalAssetsEOYAmt0590183
IRS990/TotalAssetsGrp/BOYAmt01454402
IRS990/TotalAssetsGrp/EOYAmt0590183
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02320
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04199935
IRS990/TotalFunctionalExpensesGrp/TotalAmt04202255
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01454402
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0590183
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04199935
IRS990/TotalProgramServiceRevenueAmt03338031
IRS990/TotalReportableCompFromOrgAmt02320
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03338031
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03338036
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01454402
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0590183
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0U S BANK NA TRUSTEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04147656556
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine10STATE CHEMICAL VEBA TRUST 001050974601
ReturnHeader/Filer/BusinessNameControlTxt0STAT
ReturnHeader/Filer/EIN0341280081
ReturnHeader/Filer/PhoneNum04147656556
ReturnHeader/Filer/USAddress/AddressLine10C/O U S BANK NA P O BOX 2043
ReturnHeader/Filer/USAddress/City0MILWAUKEE
ReturnHeader/Filer/USAddress/State0WI
ReturnHeader/Filer/USAddress/ZIPCode0532019668
ReturnHeader/ReturnTs02014-05-19T07:48:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)9 • $5M-$10M nonprofits