Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
990EZ • Fiscal year 2013 • EIN 38-3068590
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Assets
Up$73,595
Up $8,403 (+13%) from 2012
Net Assets
$73,595
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2012
Revenue
Down$29,323
Down $9,885 (-25%) from 2012
Expenses
Down$20,920
Down $5,420 (-21%) from 2012
Net Income
Down$8,403
Down $4,465 (-35%) from 2012
Employee trust fund to provide for the payment of certain life, sick and accident and other benefits to eligible employees.
| Description | Grants | Expenses |
|---|---|---|
| THE GENTEX CORPORATION VOLUNTARY EMPLOYEE'S BENEFIT ASSOCIATION (VEBA) TRUST PAYS ELIGIBLE AND PARTICIPATING EMPLOYEES A MONETARY BENEFIT FOR INVOLUNTARY WORK LOSS RELATED TO A PHYSICAL ACCIDENT OR DISABILITY. THE GENTEX VEBA PAID 30 CONTRIBUTING EMPLOYEES A TOTAL OF 18,620 IN SICKNESS AND ACCIDENT BENEFITS DURING 2013. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KIM GARZA | President | - | $0 | - | - |
| KRISTIN SCHUON | Secretary | - | $0 | - | - |
| STEVEN DOWNING | Treasurer | - | $0 | - | - |
“Reprint fees 729 total 729”
“Interest receivable 26 0 employee contribution receivable 663 0 total 689 0”
“Employee trust fund to provide for the payment of certain life, sick and accident and other benefits to eligible employees.”
“The gentex corporation voluntary employee's benefit association (veba) trust pays eligible and participating employees a monetary benefit for involuntary work loss related to a physical accident or disability. The gentex veba paid 30 contributing employees a total of 18,620 in sickness and accident benefits during 2013.”
“A termination amendment, dated december 19, 2013, was added to the gentex corporation veba document. The amendment terminates the plan effective december 31, 2013. No further contributions will be made to the plan after the effective date and no benefits will be paid for claims incurred after the effective date. The net remaining assets of the plan are to be distributed on a pro rata basis to plan participants who are still employed by the compnay on march 31, 2014, and have never received benefits.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | KIM GARZA |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | KRISTIN SCHUON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | STEVEN DOWNING |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 18620 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CRISTA HODGKINSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6167721800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 600 NORTH CENTENNIAL STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | ZEELAND |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 494641318 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 64503 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 73595 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | true |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 28417 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8403 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2300 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 65192 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 73595 |
| IRS990EZ/GrossReceiptsAmt | 0 | 29323 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 177 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | MODIFIED CASH |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 65192 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 73595 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 65192 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 73595 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KIM GARZA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KRISTIN SCHUON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STEVEN DOWNING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 689 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 729 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EMPLOYEE TRUST FUND TO PROVIDE FOR THE PAYMENT OF CERTAIN LIFE, SICK AND ACCIDENT AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE GENTEX CORPORATION VOLUNTARY EMPLOYEE'S BENEFIT ASSOCIATION (VEBA) TRUST PAYS ELIGIBLE AND PARTICIPATING EMPLOYEES A MONETARY BENEFIT FOR INVOLUNTARY WORK LOSS RELATED TO A PHYSICAL ACCIDENT OR DISABILITY. THE GENTEX VEBA PAID 30 CONTRIBUTING EMPLOYEES A TOTAL OF 18,620 IN SICKNESS AND ACCIDENT BENEFITS DURING 2013. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 20920 |
| IRS990EZ/TotalRevenueAmt | 0 | 29323 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | REPRINT FEES 729 TOTAL 729 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INTEREST RECEIVABLE 26 0 EMPLOYEE CONTRIBUTION RECEIVABLE 663 0 TOTAL 689 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EMPLOYEE TRUST FUND TO PROVIDE FOR THE PAYMENT OF CERTAIN LIFE, SICK AND ACCIDENT AND OTHER BENEFITS TO ELIGIBLE EMPLOYEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE GENTEX CORPORATION VOLUNTARY EMPLOYEE'S BENEFIT ASSOCIATION (VEBA) TRUST PAYS ELIGIBLE AND PARTICIPATING EMPLOYEES A MONETARY BENEFIT FOR INVOLUNTARY WORK LOSS RELATED TO A PHYSICAL ACCIDENT OR DISABILITY. THE GENTEX VEBA PAID 30 CONTRIBUTING EMPLOYEES A TOTAL OF 18,620 IN SICKNESS AND ACCIDENT BENEFITS DURING 2013. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A TERMINATION AMENDMENT, DATED DECEMBER 19, 2013, WAS ADDED TO THE GENTEX CORPORATION VEBA DOCUMENT. THE AMENDMENT TERMINATES THE PLAN EFFECTIVE DECEMBER 31, 2013. NO FURTHER CONTRIBUTIONS WILL BE MADE TO THE PLAN AFTER THE EFFECTIVE DATE AND NO BENEFITS WILL BE PAID FOR CLAIMS INCURRED AFTER THE EFFECTIVE DATE. THE NET REMAINING ASSETS OF THE PLAN ARE TO BE DISTRIBUTED ON A PRO RATA BASIS TO PLAN PARTICIPANTS WHO ARE STILL EMPLOYED BY THE COMPNAY ON MARCH 31, 2014, AND HAVE NEVER RECEIVED BENEFITS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART V, LINE 34 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN A DOWNING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-08-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | GENTEX CORPORATION VOLUNTARY |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | EMPLOYEES' BENEFICIARY ASSOC TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GENT |
| ReturnHeader/Filer/EIN | 0 | 383068590 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 600 NORTH CENTENNIAL STREET |
| ReturnHeader/Filer/USAddress/City | 0 | ZEELAND |
| ReturnHeader/Filer/USAddress/State | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 49464 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382157876 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | KIEKOVER SCHOLMA & SHUMAKER PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | PO BOX 280 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | ZEELAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 494640280 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6167724615 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-08-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSEPH KUIPER |
| ReturnHeader/ReturnTs | 0 | 2014-08-13T15:56:48-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2013Detailed filing. Detailed filing data is available for this year. | $73.6 | $0.00 | $73.6 | $29.3 | $20.9 | $8.40 |
| 2012Summary only. Only limited summary data is available for this year. | $65.2 | $0.00 | $39.2 | $26.3 | $12.9 | |
| 2011Summary only. Only limited summary data is available for this year. | $52.3 | $0.00 | $52.1 | $37.9 | $14.2 | |