Civic Intelligence

Blind Service Association Trust Fund the Northern Trust Co

EIN 36-6660920 • 501(c)3 • PO Box Chicago, IL

Pub. 78 Eligible

Profile

To support the blind service association inc.

Northern Trust Company TrusteePO Box Chicago, IL 60680

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

89th percentile

50%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

64th percentile

$18,312

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

Up

$4,118,029

Up $204,293 (+5.2%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$4,118,029

Up $204,293 (+5.2%) from 2024

Revenue

Up

$409,987

Up $144,260 (+54%) from 2024

Expenses

Up

$206,257

Up $611 (+0.3%) from 2024

Net Income

Up

$203,730

Up $143,649 (+239%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2020: $3,618,991Liabilities 2020: $0Net Assets 2020: $3,618,9912020Assets 2021: $3,795,165Liabilities 2021: $0Net Assets 2021: $3,795,1652021Assets 2022: $3,822,831Liabilities 2022: $0Net Assets 2022: $3,822,8312022Assets 2023: $3,853,706Liabilities 2023: $0Net Assets 2023: $3,853,7062023Assets 2024: $3,913,736Liabilities 2024: $0Net Assets 2024: $3,913,7362024Assets 2025: $4,118,029Liabilities 2025: $0Net Assets 2025: $4,118,0292025

Highlighted filing

2025

Assets$4,118,029
Liabilities$0
Net Assets$4,118,029

Operations Trend

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

$600K$400K$200K$0Revenue 2020: $238,989Expenses 2020: $187,524Net Income 2020: $51,4652020Revenue 2021: $369,911Expenses 2021: $193,739Net Income 2021: $176,1722021Revenue 2022: $228,320Expenses 2022: $200,664Net Income 2022: $27,6562022Revenue 2023: $243,702Expenses 2023: $210,328Net Income 2023: $33,3742023Revenue 2024: $265,727Expenses 2024: $205,646Net Income 2024: $60,0812024Revenue 2025: $409,987Expenses 2025: $206,257Net Income 2025: $203,7302025

Highlighted filing

2025

Revenue$409,987
Expenses$206,257
Net Income$203,730

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$3,933,339
Mission and Program Overview

Mission

To support the blind service association inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$3,913,736$4,118,029▲ $204,293
Investments in Publicly Traded Securities$3,736,958$4,081,686▲ $344,728
Cash and Non-Interest-Bearing Accounts$176,778$36,343▼ $140,435
Total Assets$3,913,736$4,118,029▲ $204,293
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,913,736$4,118,029▲ $204,293
Total Liabilities and Net Assets / Fund Balance$3,913,736$4,118,029▲ $204,293
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
The Northern Trust CompanyTrusteeFT$18,312$18,312
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$409,987
Other Revenue
$0
Change in Net Assets
$203,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$182,110
Salaries, Compensation, and Employee Benefits$18,312
Other Expenses$5,835
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$182,110--$182,110
Current Officers, Directors, Trustees, and Key Employees$13,734$4,578-$18,312
Fees for Services Accounting-$2,500-$2,500
Other Expenses-$15-$15
Total Functional Expenses$195,844$10,413$0$206,257
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Blind Service Association IncChicago, IL501(c)(3)General Support$182,110
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 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
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

N/A

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

A copy of form 990 is sent to the trustee for review and comments

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

Annual acknowledgement by trustee

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Blind Service Association Trust Fund
EIN
36-6660920
Phone
3126306000
Address
NORTHERN TRUST COMPANY TRUSTEE, PO BOX CHICAGO, IL 60680

Signing Officer

Name
The Northern Trust Company
Title
Officer
Phone
3126306000
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
SAME AS 'C' ABOVE
Formed
1977
Legal Domicile
Il
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Ernst & Young US Llp
Address
155 N WACKER DRIVE, CHICAGO, IL 60606
Preparer
Jason Belot
Phone
3128792000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

2023 Transaction Posted in 2024 ($238); 2024 Transactions Posted in 2025 $802; Rounding ($1)

Raw XML AppendixShowing 400 of 411 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LINES 2 AND 3 OF SECTION D OF PART IV OF THIS SCHEDULE A ARE DESIGNED TO ELICIT CONFIRMATION THAT THE SUPPORTING ORGANIZATION SATISFIES THE TWO ELEMENTS OF THE "RESPONSIVENESS TEST", i.e., THAT THE TRUSTEES OF THE SUPPORTING ORGANIZATION AND ITS SUPPORTED CHARITY(IES) HAVE A CLOSE AND CONTINUOUS RELATIONSHIP (TREASURY REGULATION SECTION 1.509(a)-4(i)(3)(ii)), AND THAT, AS A RESULT OF
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THAT RELATIONSHIP, THE SUPPORTED CHARITY(IES) HAVE A SIGNIFICANT VOICE IN THE OPERATION OF THE SUPPORTING ORGANIZATION (TREASURY REGULATION SECTION 1.509(a)-4(i)(3)(iii)). WE BELIEVE THIS ORGANIZATION MEETS THE RESPONSIVENESS TEST DESCRIBED UNDER TREASURY REGULATION SECTION 1.509(a)-4(i)(3). THE BLIND SERVICES ASSOCIATION TRUST FUND (THE TRUST) IS A SUPPORTING ORGANIZATION DESCRIBED IN IRC
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2SECTION 501(c)(3). IT IS A TRUST AND WAS CREATED IN 1977 FOR THE EXCLUSIVE BENEFIT OF THE BLIND SERVICES ASSOCIATION, INC, (THE ASSOCIATION) A CHARITABLE INSTITUTION DESCRIBED IN SECTION 509(a)(1), IN PERPETUITY. THE ASSOCIATION IS THE SOLE BENEFICIARY AND RECEIVES INCOME IN CONVENIENT INSTALLMENTS, AT LEAST QUARTERLY, TO OR UPON THE DIRECTION OF THE ASSOCIATION. THE INCOME OF THE TRUST
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3SHALL BE APPLIED BY THE ASSOCIATION FOR SUCH ONE OR MORE OF:(a) RESEARCH IN THE CAUSE, CURE AND PREVENTION OF BLINDNESS; (b) FOR THE FURTHERANCE OF EDUCATION AND TRAINING OF THE BLIND AND OR VISUALLY IMPAIRED INCLUDING THE DEVELOPMENT AND IMPROVEMENT OF AIDS TO READING, COMMUNICATION WITH THE BLIND AND MOBILITY OF THE BLIND AND THE USE OF HUMAN, CANINE AND MECHANICAL GUIDES; (c) FOR STUDIES IN
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4DISEASES OF THE EYE AND THE TREATMENT AND ALLEVIATION OF BLINDNESS WHETHER CONGENITAL, ACCIDENTAL OR DEGENERATIVE; (d) FOR PAYMENT OF THE ADMINISTRATIVE EXPENSES OF THE ASSOCIATION; AND (e) SUCH OTHER APPLICATIONS CONSISTENT WITH THE GENERAL PURPOSES OF THE ASSOCIATION AS SHALL BE DETERMINED FROM TIME TO TIME BY ITS BOARD OF DIRECTORS. THE NORTHERN TRUST COMPANY ("TRUSTEE"), A BANK, IS THE SOLE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5SUCCESSOR TRUSTEE OF THE TRUST. REPRESENTATIVES OF THE TRUSTEE AND THE ASSOCIATION'S EXECUTIVE DIRECTOR AND BOARD MEMBERS HAVE FREQUENT INVESTMENT MEETINGS DURING WHICH THEY DISCUSS THE TRUST'S INVESTMENT PERFORMANCE AND POLICIES. THE ASSOCIATION'S REPRESENTATIVES ARE GIVEN THE OPPORTUNITY TO ASK QUESTIONS REGARDING THE INVESTMENTS AND DISTRIBUTIONS. THE TERMS OF THE DISTRIBUTIONS ARE DETERMINED BY THE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt6TRUST DOCUMENT. NORTHERN TRUST PROVIDES THE ASSOCIATION WITH COMPREHENSIVE FINANCIAL REPORTS AND ACCOUNTING AND THE INFORMATION REQUIRED UNDER TREASURY REGULATION SECTION 1.509(a)-4(i)(2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINES 2 & 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINES 2 & 3, CONT'D
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION D, LINES 2 & 3, CONT'D
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION D, LINES 2 & 3, CONT'D
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4PART IV, SECTION D, LINES 2 & 3, CONT'D
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc5PART IV, SECTION D, LINES 2 & 3, CONT'D
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc6PART IV, SECTION D, LINES 2 & 3, CONT'D
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MEETINGS AT LEAST ANNUALLY WITH SUPPORTED ORGANIZATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS SENT TO THE TRUSTEE FOR REVIEW AND COMMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL ACKNOWLEDGEMENT BY TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt42023 Transaction Posted in 2024 ($238); 2024 Transactions Posted in 2025 $802; Rounding ($1)
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THE NORTHERN TRUST COMPANY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03126306000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLIND SERVICE ASSOCIATION TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0BLIN
ReturnHeader/Filer/EIN0366660920
ReturnHeader/Filer/PhoneNum03126306000
ReturnHeader/Filer/USAddress/AddressLine1Txt0NORTHERN TRUST COMPANY TRUSTEE
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0155 N WACKER DRIVE

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