Civic Intelligence

Saginaw Products Corp Veba Trust

EIN 38-2422864 • 501(c)9 • Saginaw, MI

Profile

To provide certain benefits to the employees of saginaw products corporation

68 Williamson StreetSaginaw, MI 48601
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 2015

Liabilities / Revenue

80th percentile

0.00x

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

501(c)9 • <$500k nonprofits • Source year 2015

Net Margin

59th percentile

-1.1%

Higher net margin than 59% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)9 • <$500k nonprofits • Source year 2015

Asset Growth

46th percentile

-100%

Faster asset growth than 46% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

-25%

Faster revenue growth than 52% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,253 (-100%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$0

Down $3,253 (-100%) from 2014

Operations
Liabilities / Revenue80th percentileNet Margin59th percentile

Revenue

Down

$285,000

Down $95,702 (-25%) from 2014

Expenses

Down

$288,253

Down $100,449 (-26%) from 2014

Net Income

Up

-$3,253

Up $4,747 (+59%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$15K$10K$5.0K$0Assets 2010: $7,572Liabilities 2010: $0Net Assets 2010: $7,5722010Assets 2011: $10,000Liabilities 2011: $0Net Assets 2011: $10,0002011Assets 2012: $11,266Liabilities 2012: $0Net Assets 2012: $11,2662012Assets 2013: $11,253Liabilities 2013: $0Net Assets 2013: $11,2532013Assets 2014: $3,253Liabilities 2014: $0Net Assets 2014: $3,2532014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0
Open 2015 Filing

Operations Trend

Revenue Growth52nd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,353,283Expenses 2010: $1,372,660Net Income 2010: -$19,3772010Revenue 2011: $909,804Expenses 2011: $907,376Net Income 2011: $2,4282011Revenue 2012: $998,083Expenses 2012: $996,817Net Income 2012: $1,2662012Revenue 2013: $999,991Expenses 2013: $1,000,004Net Income 2013: -$132013Revenue 2014: $380,702Expenses 2014: $388,702Net Income 2014: -$8,0002014Revenue 2015: $285,000Expenses 2015: $288,253Net Income 2015: -$3,2532015

Highlighted filing

2015

Revenue$285,000
Expenses$288,253
Net Income-$3,253
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$285,000
Expenses
$288,253
Net income
-$3,253
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.29$0.29$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.38$0.39$0.01
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$1.00$1.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$1.00$1.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.91$0.91$0.00
2010Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$1.35$1.37$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 17, 2016
Return Version
2015v2.1
Gross Receipts
$285,000
Mission and Program Overview

Mission

To provide certain benefits to the employees of saginaw products corporation

Voluntary employees beneficiary association covers all persons employed by saginaw products corporation for benefits summarized in part ix.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,253--
Cap Stk Tr Prin Current Funds$3,253--
Total Assets$3,253$0▼ $3,253
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,253$0▼ $3,253
Total Liabilities and Net Assets / Fund Balance$3,253$0▼ $3,253
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Christine N RapanosTrustee
James M KendallTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$285,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-3,253
Expenses and Functional Allocation

Major Expense Lines

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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$288,253--$288,253
Total Functional Expenses$288,253$0$0$288,253
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The tax return is reviewed by trustees and discussed and approved.”

Form 990, Page 6, Part VI, Line 19

“All documents are available upon request at the trust address.”

Filing and Contact Details

Filer

Filer Name
Saginaw Products Corp Veba Trust
EIN
38-2422864
Phone
9897531411
Address
68 WILLIAMSON STREET, SAGINAW, MI 48601

Signing Officer

Name
James M Kendall
Title
Trustee
Phone
9897531411
Signed
2016-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James M Kendall
Formed
1982
Legal Domicile
Mi
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Yeo & Yeo Pc
Address
PO BOX 3275, SAGINAW, MI 48605
Preparer
David W Schaeffer
Phone
9897939830
Raw XML Appendix211 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/ActivityOrMissionDesc0VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION COVERS ALL PERSONS EMPLOYED BY SAGINAW PRODUCTS CORPORATION FOR BENEFITS SUMMARIZED IN PART IX.
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/ProgramServicesAmt0288253
IRS990/BenefitsToMembersGrp/TotalAmt0288253
IRS990/BooksInCareOfDetail/PersonNm0SHARON J FOWLER
IRS990/BooksInCareOfDetail/PhoneNum09897531411
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt068 WILLIAMSON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAGINAW
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048601
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt03253
IRS990/CashNonInterestBearingGrp/BOYAmt03253
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0288253
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0285000
IRS990/CYRevenuesLessExpensesAmt0-3253
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0288253
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0285000
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION COVERS ALL PERSONS EMPLOYED BY SAGINAW PRODUCTS CORPORATION FOR BENEFITS SUMMARIZED IN PART IX.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0288253
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISTINE N RAPANOS
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES M KENDALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0285000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE CERTAIN BENEFITS TO THE EMPLOYEES OF SAGINAW PRODUCTS CORPORATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03253
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES M KENDALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIB. FROM PLAN SPONSORS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0285000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0285000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0388702
IRS990/PYProgramServiceRevenueAmt0380702
IRS990/PYRevenuesLessExpensesAmt0-8000
IRS990/PYTotalExpensesAmt0388702
IRS990/PYTotalRevenueAmt0380702
IRS990/ReconcilationRevenueExpnssAmt0-3253
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0285000
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0false
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS REVIEWED BY TRUSTEES AND DISCUSSED AND APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE TRUST ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt03253
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt03253
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288253
IRS990/TotalFunctionalExpensesGrp/TotalAmt0288253
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03253
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt0288253
IRS990/TotalProgramServiceRevenueAmt0285000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0285000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0285000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03253
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES M KENDALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09897531411
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAGINAW PRODUCTS CORP VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SAGI
ReturnHeader/Filer/EIN0382422864
ReturnHeader/Filer/PhoneNum09897531411
ReturnHeader/Filer/USAddress/AddressLine1Txt068 WILLIAMSON STREET
ReturnHeader/Filer/USAddress/CityNm0SAGINAW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382706146
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YEO & YEO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 3275
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAGINAW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048605
ReturnHeader/PreparerPersonGrp/PhoneNum09897939830
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W SCHAEFFER
ReturnHeader/ReturnTs02016-10-17T15:25:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.