Civic Intelligence

Fleet Owners Insurance Fund

EIN 34-6540902 • 501(c)9 • Madison, TN

View Organization Page

Profile

To provide health, welfare, death, & other benefits to covered members & retirees & their eligible dependents

510 Hospital Drive Suite 490Madison, TN 37115
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 2023

Liabilities / Revenue

80th percentile

0.00x

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

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

Net Margin

5th percentile

-90803%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

90th percentile

$23,589

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 2848.9% of source-year revenue.

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

Asset Growth

46th percentile

-100%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

16th percentile

-100%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $753,097 (-100%) from 2022

Liabilities

Down

$0

Down $1,245 (-100%) from 2022

Net Assets

Down

$0

Down $751,852 (-100%) from 2022

Operations
Liabilities / Revenue80th percentileNet Margin5th percentile

Revenue

Down

$828

Down $527,680 (-100%) from 2022

Expenses

Up

$752,680

Up $667,589 (+785%) from 2022

Net Income

Down

-$751,852

Down $1,195,269 (-270%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,174,897Liabilities 2010: $326,580Net Assets 2010: $5,848,3172010Assets 2011: $6,159,208Liabilities 2011: $341,212Net Assets 2011: $5,817,9962011Assets 2012: $5,924,543Liabilities 2012: $177,983Net Assets 2012: $5,746,5602012Assets 2013: $6,328,077Liabilities 2013: $107,619Net Assets 2013: $6,220,4582013Assets 2014: $7,085,094Liabilities 2014: $256,806Net Assets 2014: $6,828,2882014Assets 2018: $2,832,806Liabilities 2018: $153,998Net Assets 2018: $2,678,8082018Assets 2019: $1,227,132Liabilities 2019: $172,691Net Assets 2019: $1,054,4412019Assets 2020: $606,394Liabilities 2020: $26,550Net Assets 2020: $579,8442020Assets 2021: $366,062Liabilities 2021: $57,627Net Assets 2021: $308,4352021Assets 2022: $753,097Liabilities 2022: $1,245Net Assets 2022: $751,8522022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth16th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,463,2032010Expenses 2011: $5,683,1902011Expenses 2012: $6,105,3992012Revenue 2013: $6,228,472Expenses 2013: $5,914,827Net Income 2013: $313,6452013Revenue 2014: $8,400,286Expenses 2014: $7,423,886Net Income 2014: $976,4002014Revenue 2018: $11,961,455Expenses 2018: $12,876,544Net Income 2018: -$915,0892018Revenue 2019: $1,350,099Expenses 2019: $3,069,653Net Income 2019: -$1,719,5542019Revenue 2020: $22,853Expenses 2020: $511,100Net Income 2020: -$488,2472020Revenue 2021: $759Expenses 2021: $278,344Net Income 2021: -$277,5852021Revenue 2022: $528,508Expenses 2022: $85,091Net Income 2022: $443,4172022Revenue 2023: $828Expenses 2023: $752,680Net Income 2023: -$751,8522023

Highlighted filing

2023

Revenue$828
Expenses$752,680
Net Income-$751,852
Open 2023 Filing

Filings

Most recent year

2023 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$828
Expenses
$752,680
Net income
-$751,852
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.75$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$0.53$0.09$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.06$0.31$0.00$0.28$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.03$0.58$0.02$0.51$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.17$1.05$1.35$3.07$1.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$0.15$2.68$12.0$12.9$0.92
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.09$0.26$6.83$8.40$7.42$0.98
2013Detailed filing. Detailed filing data is available for this year.$6.33$0.11$6.22$6.23$5.91$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$0.18$5.75$6.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.34$5.82$5.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.33$5.85$3.46
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 25, 2023
Return Version
2021v4.0
Gross Receipts
$743,057
Mission and Program Overview

Mission

To provide health, welfare, death and other benefits to covered members and retirees and their eligible dependents

To provide health, welfare, death, & other benefits to covered members & retirees & eligible dependents

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$551,888$346,997▼ $204,891
Cash and Non-Interest-Bearing Accounts$50,914$19,057▼ $31,857
Accounts Receivable$3,592$8▼ $3,584
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$606,394$366,062▼ $240,332
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$16,550$47,627▲ $31,077
Other Liabilities$10,000$10,000→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$26,550$57,627▲ $31,077
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$579,844$308,435▼ $271,409
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$579,844$308,435▼ $271,409
Total Liabilities and Net Assets / Fund Balance$606,394$366,062▼ $240,332
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert KavalecTrusteeFT$5,192$5,192

Board Members and Trustees

NameTitle
-10

Highest Paid Contractors

ContractorServicesLocationCompensation
Lance B JohnsonLegal1700 LONDON RD, Cleveland, OH 44112$130,638
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$759
Other Revenue
$0
Change in Net Assets
$-277,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,432
Salaries, Compensation, and Employee Benefits$34,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal---$145,666
All Other Expenses---$46,827
Other Salaries and Wages---$25,200
Fees for Services Accounting---$14,150
Occupancy---$14,034
Office Expenses---$8,993
Fees for Service Investment Mgmnt Fees---$5,634
Benefits to Members---$5,545
Current Officers, Directors, Trustees, and Key Employees---$5,192
Payroll Taxes---$3,975
Insurance---$2,328
Travel---$800
Total Functional Expenses$0$0$0$278,344
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Claims Payable$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“Form 990 was prepared by an independent accounting firm and provided to the organization before filing was submitted. This was the organization policy before the court-ordered independent fiduciary was appointed in october 2021.”

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

“An annual review was performed by the board of trustees to identify potential conflicts of interest prior to the independent fiduciary being appointed in october of 2021”

Form 990, Part VI, Section B, Line 15

“An increase in compensation requires board approval and is compared to the industry standards for reasonableness”

Form 990, Part VI, Section C, Line 19

“Govering documents, policies, and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Fleet Owners Insurance Fund
EIN
34-6540902
Phone
6153700051
Address
510 Hospital Drive Suite 490, Madison, TN 37115

Signing Officer

Name
Robert Moore
Title
Independent Fiduciary
Phone
6154779896
Signed
2023-02-25

Organization Details

Formed
1954
Legal Domicile
Oh
Voting Board Members
0
Independent Board Members
0
Employees
2
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“In 2019, all participation agreements with employers had either expired or been terminated, and the fund was no longer offering health and welfare benefit coverage. In october 2021, the former trustee was replaced with an independent fiduciary, receivership management inc., which was appointed to settle outstanding claims and terminate the plan.”

Form 990, Part IX, Line 24E

“Independent fiduciary accrued fees & expenses for october through december 31, 2021.”

Raw XML AppendixShowing 400 of 402 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016550
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt047627
IRS990/AccountsReceivableGrp/BOYAmt03592
IRS990/AccountsReceivableGrp/EOYAmt08
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HEALTH, WELFARE, DEATH, & OTHER BENEFITS TO COVERED MEMBERS & RETIREES & ELIGIBLE DEPENDENTS
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt046827
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt05545
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RECEIVERSHIP MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum06153700051
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0510 HOSPITAL DRIVE
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 490
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0371155549
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt050914
IRS990/CashNonInterestBearingGrp/EOYAmt019057
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt05192
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0130638
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01700 LONDON RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CLEVELAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd044112
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0LANCE B JOHNSON
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL
IRS990/ContriRptFundraisingEventAmt00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt05545
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0759
IRS990/CYOtherExpensesAmt0238432
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-277585
IRS990/CYSalariesCompEmpBnftPaidAmt034367
IRS990/CYTotalExpensesAmt0278344
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0759
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0TO PROVIDE HEALTH, WELFARE, DEATH & OTHER BENEFITS TO COVERED MEMBERS, RETIREES, & ELIGIBLE DEPENDENTS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0278344
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt014150
IRS990/FeesForServicesLegalGrp/TotalAmt0145666
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05634
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0RECEIVERSHIP MANAGMENT INC
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT KAVALEC
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05192
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt110
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0-6218
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0736080
IRS990/GrossReceiptsAmt0743057
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt02328
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06977
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06977
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0551888
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0346997
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0742298
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HEALTH, WELFARE, DEATH, & OTHER BENEFITS TO COVERED MEMBERS & RETIREES & THEIR ELIGIBLE DEPENDENTS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0579844
IRS990/NetAssetsOrFundBalancesEOYAmt0308435
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-6218
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-6218
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt06176
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0579844
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0308435
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt014034
IRS990/OfficeExpensesGrp/TotalAmt08993
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt010000
IRS990/OtherLiabilitiesGrp/EOYAmt010000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt025200
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt03975
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0RECEIVERSHIP MANAGEMENT INC
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0520
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt022853
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0376306
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-488247
IRS990/PYSalariesCompEmpBnftPaidAmt0134274
IRS990/PYTotalExpensesAmt0511100
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt022853
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-277585
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0759
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH CLAIMS PAYABLE
IRS990ScheduleD/TotalLiabilityAmt010000
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt05192
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT KAVALEC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt05192
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2019, ALL PARTICIPATION AGREEMENTS WITH EMPLOYERS HAD EITHER EXPIRED OR BEEN TERMINATED, AND THE FUND WAS NO LONGER OFFERING HEALTH AND WELFARE BENEFIT COVERAGE. IN OCTOBER 2021, THE FORMER TRUSTEE WAS REPLACED WITH AN INDEPENDENT FIDUCIARY, RECEIVERSHIP MANAGEMENT INC., WHICH WAS APPOINTED TO SETTLE OUTSTANDING CLAIMS AND TERMINATE THE PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND PROVIDED TO THE ORGANIZATION BEFORE FILING WAS SUBMITTED. THIS WAS THE ORGANIZATION POLICY BEFORE THE COURT-ORDERED INDEPENDENT FIDUCIARY WAS APPOINTED IN OCTOBER 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ANNUAL REVIEW WAS PERFORMED BY THE BOARD OF TRUSTEES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST PRIOR TO THE INDEPENDENT FIDUCIARY BEING APPOINTED IN OCTOBER OF 2021
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN INCREASE IN COMPENSATION REQUIRES BOARD APPROVAL AND IS COMPARED TO THE INDUSTRY STANDARDS FOR REASONABLENESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INDEPENDENT FIDUCIARY ACCRUED FEES & EXPENSES FOR OCTOBER THROUGH DECEMBER 31, 2021.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3
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 B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0606394
IRS990/TotalAssetsEOYAmt0366062
IRS990/TotalAssetsGrp/BOYAmt0606394
IRS990/TotalAssetsGrp/EOYAmt0366062
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0278344
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026550
IRS990/TotalLiabilitiesEOYAmt057627
IRS990/TotalLiabilitiesGrp/BOYAmt026550
IRS990/TotalLiabilitiesGrp/EOYAmt057627
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0579844
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0308435
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0278344
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt05192
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0759
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0759
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0606394
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0366062
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0800
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0510 Hospital Drive
IRS990/USAddress/AddressLine2Txt0Suite 490
IRS990/USAddress/CityNm0Madison
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037115
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0fleetownersinsurance.org
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0ALL PREVIOUS F990S WERE MAILED TO THE IRS AND COMPLETED BY AN INDEPENDENT ACCOUNTING AGENCY. DURING THE TAX YEAR 2021, THE COURT APPOINTED RECEIVERSHIP MANAGEMENT INC (RMI) AS THE INDEPENDENT FIDUCIARY OF THE TRUST. THIS IS THE FIRST F990 FILING SINCE THAT APPOINTMENT. I WAS UNAWARE OF THE CHANGE INITIATED BY THE IRS FROM PAPER TO ELECTRONIC SUBMITANCE. THE FORM WAS COMPLETED AND MAILED ON NOV 14, 2022, AFTER AN EXTENSION WAS MAILED BEFORE MAY 15, 2022. RMI RECEIVED A LETTER ON 2/21/2023 (LTR2694C) STATING THE F990 MUST BE RECEIVED WITHIN 10 DAYS.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INDEPENDENT FIDUCIARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06154779896
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLEET OWNERS INSURANCE FUND
ReturnHeader/Filer/BusinessNameControlTxt0FLEE
ReturnHeader/Filer/EIN0346540902
ReturnHeader/Filer/PhoneNum06153700051
ReturnHeader/Filer/USAddress/AddressLine1Txt0510 Hospital Drive Suite 490
ReturnHeader/Filer/USAddress/CityNm0Madison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037115
ReturnHeader/ReturnTs02023-02-25T02:52:46-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02021-01-01

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