Civic Intelligence

Group Welfare Trust for Employees of Sauber Manufacturing Company

990 • Fiscal year 2015 • EIN 36-3742174

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 20, 2016

10 N Sauber RdVirgil, IL 60151

(630) 365-6600

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.07x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.02x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Asset Growth

88th percentile

29%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

53rd percentile

0.9%

Faster revenue growth than 53% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$311,068

Up $69,092 (+29%) from 2014

Net Assets

Up

$290,762

Up $258,488 (+801%) from 2014

Liabilities

Down

$20,306

Down $189,396 (-90%) from 2014

Revenue

Up

$889,736

Up $7,672 (+0.9%) from 2014

Expenses

Down

$631,248

Down $742,174 (-54%) from 2014

Net Income

Up

$258,488

Up $749,846 (+153%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $338,840Liabilities 2010: $19,403Net Assets 2010: $319,4372010Assets 2011: $290,784Liabilities 2011: $75,101Net Assets 2011: $215,6832011Assets 2012: $365,025Liabilities 2012: $60,023Net Assets 2012: $305,0022012Assets 2013: $575,446Liabilities 2013: $51,814Net Assets 2013: $523,6322013Assets 2014: $241,976Liabilities 2014: $209,702Net Assets 2014: $32,2742014Assets 2015: $311,068Liabilities 2015: $20,306Net Assets 2015: $290,7622015Assets 2016: $388,574Liabilities 2016: $58,577Net Assets 2016: $329,9972016Assets 2017: $338,091Liabilities 2017: $19,799Net Assets 2017: $318,2922017Assets 2018: $334,036Liabilities 2018: $1,341Net Assets 2018: $332,6952018Assets 2019: $407,360Liabilities 2019: $0Net Assets 2019: $407,3602019Assets 2020: $277,622Liabilities 2020: $0Net Assets 2020: $277,6222020Assets 2021: $239,237Liabilities 2021: $0Net Assets 2021: $239,2372021Assets 2022: $247,642Liabilities 2022: $0Net Assets 2022: $247,6422022Assets 2023: $352,537Liabilities 2023: $0Net Assets 2023: $352,5372023Assets 2024: $321,522Liabilities 2024: $0Net Assets 2024: $321,5222024Assets 2025: $337,875Liabilities 2025: $0Net Assets 2025: $337,8752025

Highlighted filing

2015

Assets$311,068
Liabilities$20,306
Net Assets$290,762

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $441,1502010Expenses 2011: $621,9112011Expenses 2012: $957,7392012Revenue 2013: $745,659Expenses 2013: $527,029Net Income 2013: $218,6302013Revenue 2014: $882,064Expenses 2014: $1,373,422Net Income 2014: -$491,3582014Revenue 2015: $889,736Expenses 2015: $631,248Net Income 2015: $258,4882015Revenue 2016: $723,418Expenses 2016: $684,183Net Income 2016: $39,2352016Revenue 2017: $745,165Expenses 2017: $756,870Net Income 2017: -$11,7052017Revenue 2018: $750,483Expenses 2018: $736,080Net Income 2018: $14,4032018Revenue 2019: $755,282Expenses 2019: $680,617Net Income 2019: $74,6652019Revenue 2020: $808,395Expenses 2020: $938,133Net Income 2020: -$129,7382020Revenue 2021: $781,816Expenses 2021: $820,201Net Income 2021: -$38,3852021Revenue 2022: $1,058,936Expenses 2022: $1,050,531Net Income 2022: $8,4052022Revenue 2023: $945,636Expenses 2023: $840,741Net Income 2023: $104,8952023Revenue 2024: $981,840Expenses 2024: $1,012,855Net Income 2024: -$31,0152024Revenue 2025: $897,384Expenses 2025: $881,031Net Income 2025: $16,3532025

Highlighted filing

2015

Revenue$889,736
Expenses$631,248
Net Income$258,488
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 20, 2016
Return Version
2015v2.1
Gross Receipts
$889,736
Mission and Program Overview

Mission

To provide employees of sauber mfg and their eligible dependents with welfare benefits, including hospital, dental, and medical benefits.

To provide employees of sauber mfg. And their eligible dependents with welfare benefits including hospital, dental, and medical benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$241,976$311,068▲ $69,092
Rtn Earn Endowment Incm Other Fnds$32,274$290,762▲ $258,488
Total Assets$241,976$311,068▲ $69,092
Liabilities
Accounts Payable and Accrued Expenses$209,702$20,306▼ $189,396
Total Liabilities$209,702$20,306▼ $189,396
Net Assets / Fund Balance
Total Net Assets Fund Balance$32,274$290,762▲ $258,488
Total Liabilities and Net Assets / Fund Balance$241,976$311,068▲ $69,092
Compensation and Service Providers

Board Members and Trustees

NameTitle
James E SauberTrustee
Jean E PeteschTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$889,647
Investment Income
$89
Other Revenue
$0
Change in Net Assets
$258,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,677
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---$576,571
Other Expenses---$4,718
Total Functional Expenses$0$0$0$631,248
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
Lobbying 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
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
Filing and Contact Details

Filer

Filer Name
Group Welfare Trust for Employees
EIN
36-3742174
Phone
6303656600
Address
10 N SAUBER RD, VIRGIL, IL 60151

Signing Officer

Name
Jean Petesch
Title
Trustee
Phone
6303656600
Signed
2016-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Petesch
Formed
1968
Legal Domicile
Il
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Tax Specialists LLC
Address
1916 NORTHFIELD CT, NAPERVILLE, IL 60565-2295
Preparer
J Soeldner
Phone
6307171133
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

James sauber and jean petesch are siblings

Pt VI, Line 6

Members consist of plan participants

Pt VI, Line 11B

The 990 is reviewed and approved by the trustees prior to filing

Pt VI, Line 12C

Conflict of interest statements are signed annually

Pt VI, Line 15A

The organization does not provide compensation

Pt VI, Line 19

UPON REQUEST

Raw XML Appendix233 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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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
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IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0889736
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt089
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt089
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt032274
IRS990/NetAssetsOrFundBalancesEOYAmt0290762
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1157493
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IRS990/PYInvestmentIncomeAmt0167
IRS990/PYOtherExpensesAmt045475
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IRS990/PYRevenuesLessExpensesAmt0-491358
IRS990/PYTotalExpensesAmt01373422
IRS990/PYTotalRevenueAmt0882064
IRS990/ReconcilationRevenueExpnssAmt0258488
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JAMES SAUBER AND JEAN PETESCH ARE SIBLINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS CONSIST OF PLAN PARTICIPANTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED AND APPROVED BY THE TRUSTEES PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
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IRS990/SchoolOperatingInd0false
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum06303656600
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-07-20T21:16:38-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.90$0.88$0.02
2024Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.98$1.01$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.95$0.84$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.06$1.05$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.78$0.82$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.81$0.94$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.76$0.68$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.75$0.74$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.75$0.76$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.06$0.33$0.72$0.68$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.29$0.89$0.63$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.21$0.03$0.88$1.37$0.49
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.05$0.52$0.75$0.53$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.06$0.31$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.08$0.22$0.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.02$0.32$0.44