Civic Intelligence

Great Plains Energy Incorporated Management Health & Welfare Trust

990 • Fiscal year 2014 • EIN 39-2046767

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 22, 2015

PO Box 418679Kansas City, MO 64141

(816) 556-2200

Siviq Scores

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

Liabilities / Assets

49th percentile

0.02x

Higher debt load relative to assets than 49% of similar nonprofits.

2014 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.07x

Higher debt load relative to revenue than 55% of similar nonprofits.

2014 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2014

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2014 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2014

Asset Growth

47th percentile

5.2%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

24th percentile

-3.2%

Faster revenue growth than 24% of similar nonprofits.

2014 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$84,938,944

Up $4,164,479 (+5.2%) from 2013

Net Assets

Up

$82,960,886

Up $4,006,774 (+5.1%) from 2013

Liabilities

Up

$1,978,058

Up $157,705 (+8.7%) from 2013

Revenue

Down

$29,259,239

Down $970,535 (-3.2%) from 2013

Expenses

Up

$25,252,465

Up $3,291,104 (+15%) from 2013

Net Income

Down

$4,006,774

Down $4,261,639 (-52%) from 2013

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2008: $40,289,002Liabilities 2008: $2,654,772Net Assets 2008: $37,634,2302008Assets 2010: $60,135,238Liabilities 2010: $5,874,613Net Assets 2010: $54,260,6252010Assets 2011: $65,756,081Liabilities 2011: $5,020,579Net Assets 2011: $60,735,5022011Assets 2012: $73,068,282Liabilities 2012: $2,382,583Net Assets 2012: $70,685,6992012Assets 2013: $80,774,465Liabilities 2013: $1,820,353Net Assets 2013: $78,954,1122013Assets 2014: $84,938,944Liabilities 2014: $1,978,058Net Assets 2014: $82,960,8862014Assets 2015: $87,658,379Liabilities 2015: $1,982,359Net Assets 2015: $85,676,0202015Assets 2016: $88,805,815Liabilities 2016: $1,570,429Net Assets 2016: $87,235,3862016Assets 2017: $88,715,335Liabilities 2017: $1,483,909Net Assets 2017: $87,231,4262017Assets 2018: $88,802,878Liabilities 2018: $2,359,969Net Assets 2018: $86,442,9092018Assets 2019: $83,687,711Liabilities 2019: $3,208,259Net Assets 2019: $80,479,4522019Assets 2020: $85,169,436Liabilities 2020: $1,197,782Net Assets 2020: $83,971,6542020Assets 2021: $82,354,163Liabilities 2021: $196,421Net Assets 2021: $82,157,7422021Assets 2022: $73,481,954Liabilities 2022: $439,559Net Assets 2022: $73,042,3952022Assets 2023: $72,246,748Liabilities 2023: $471,265Net Assets 2023: $71,775,4832023Assets 2024: $71,460,821Liabilities 2024: $1,238,065Net Assets 2024: $70,222,7562024

Highlighted filing

2014

Assets$84,938,944
Liabilities$1,978,058
Net Assets$82,960,886

Operations Trend

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

$40M$20M$0-$20MExpenses 2008: $21,864,4352008Expenses 2010: $21,956,1662010Expenses 2011: $24,677,8052011Expenses 2012: $24,065,2652012Revenue 2013: $30,229,774Expenses 2013: $21,961,361Net Income 2013: $8,268,4132013Revenue 2014: $29,259,239Expenses 2014: $25,252,465Net Income 2014: $4,006,7742014Revenue 2015: $27,175,579Expenses 2015: $24,460,445Net Income 2015: $2,715,1342015Revenue 2016: $23,270,218Expenses 2016: $21,802,123Net Income 2016: $1,468,0952016Revenue 2017: $23,319,664Expenses 2017: $23,183,752Net Income 2017: $135,9122017Revenue 2018: $25,523,938Expenses 2018: $23,894,985Net Income 2018: $1,628,9532018Revenue 2019: $17,549,297Expenses 2019: $27,478,180Net Income 2019: -$9,928,8832019Revenue 2020: $12,823,337Expenses 2020: $8,673,427Net Income 2020: $4,149,9102020Revenue 2021: $13,097,270Expenses 2021: $10,894,500Net Income 2021: $2,202,7702021Revenue 2022: $10,047,831Expenses 2022: $6,384,755Net Income 2022: $3,663,0762022Revenue 2023: $8,254,264Expenses 2023: $14,478,791Net Income 2023: -$6,224,5272023Revenue 2024: $7,476,117Expenses 2024: $10,955,916Net Income 2024: -$3,479,7992024

Highlighted filing

2014

Revenue$29,259,239
Expenses$25,252,465
Net Income$4,006,774
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 22, 2015
Return Version
2014v5.0
Gross Receipts
$61,501,991
Mission and Program Overview

Mission

The purpose of the trust is to provide medical, dental, prescription drug, vision, life and accidental death & dismemberment benefits to participants of the company.

See statement o.the purpose of the trust is to provide medical, dental, prescription drug, vision, life and accidental death & dismemberment benefits to participants of the company.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$78,954,112$82,960,886▲ $4,006,774
Investments in Publicly Traded Securities$74,382,408$72,847,522▼ $1,534,886
Savings and Temporary Cash Investments$4,770,662$9,303,103▲ $4,532,441
Accounts Receivable$1,001,980$2,634,306▲ $1,632,326
Cash and Non-Interest-Bearing Accounts$278,633$154,013▼ $124,620
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$80,774,465$84,938,944▲ $4,164,479
Other Assets Total$340,782$0▼ $340,782
Liabilities
Accounts Payable and Accrued Expenses$1,820,353$1,978,058▲ $157,705
Total Liabilities$1,820,353$1,978,058▲ $157,705
Net Assets / Fund Balance
Total Net Assets Fund Balance$78,954,112$82,960,886▲ $4,006,774
Total Liabilities and Net Assets / Fund Balance$80,774,465$84,938,944▲ $4,164,479
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lori WrightChair
-Trustee
Ellen FairchildTrustee
Heather HumphreyTrustee
Kevin NobletTrustee
Steve BusserTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,138,488
Investment Income
$2,772,446
Other Revenue
$1,348,305
Change in Net Assets
$4,006,774

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,259,239
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6
Total Revenue per Audited Statements
$29,259,245
Total Revenue per Form 990
$29,259,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,956,591
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$20,295,874--$20,295,874
Other Expenses$1,293,251--$1,293,251
Total Functional Expenses$25,252,465$0$0$25,252,465

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,545,139
Total Expenses per Audited Statements$25,545,139
Total Expenses per Form 990$25,252,465
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-292,674
Other Expense Adjustments$-292,674
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
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by an outside firm and is reviewed by the benefits accounting department of great plains energy incorporated.

Form 990, Part VI, Section C, Line 19

This is a section 501(c)(9) voluntary employee's beneficiary assocation which covers only eligible employees of great plains energy incorporated. There is no solicitation of contributions or involvement of the general public, therefore, these documents are not available to the general public.

Filing and Contact Details

Filer

Filer Name
Great Plains Energy Inc Management
EIN
39-2046767
Phone
8165562200
Address
PO BOX 418679, KANSAS CITY, MO 64141

Signing Officer

Name
Kelly Murphy
Title
Director of Human Resources
Phone
8165562200
Signed
2015-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Murphy
Formed
1976
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
700 WEST 47TH STREET SUITE 1100, KANSAS CITY, MO 64112
Phone
8169455500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Gaap requires plan management to evaluate the tax positions taken by the qualified trust and recognize a tax liability (or asset) if the qualified trust has taken an uncertain tax position that more likely than not would not be sustained upon examination by the irs. The qualified trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2011.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Key retiree interest income 6.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Change in benefits payable -292,674.

Raw XML Appendix353 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE QUALIFIED TRUST AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE QUALIFIED TRUST HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE QUALIFIED TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1KEY RETIREE INTEREST INCOME 6.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHANGE IN BENEFITS PAYABLE -292,674.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN OUTSIDE FIRM AND IS REVIEWED BY THE BENEFITS ACCOUNTING DEPARTMENT OF GREAT PLAINS ENERGY INCORPORATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS IS A SECTION 501(C)(9) VOLUNTARY EMPLOYEE'S BENEFICIARY ASSOCATION WHICH COVERS ONLY ELIGIBLE EMPLOYEES OF GREAT PLAINS ENERGY INCORPORATED. THERE IS NO SOLICITATION OF CONTRIBUTIONS OR INVOLVEMENT OF THE GENERAL PUBLIC, THEREFORE, THESE DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0431916803
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0UTILITY COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GREAT PLAINS ENERGY INCORPORATED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01200 MAIN STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0KANSAS CITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd064105
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt080774465
IRS990/TotalAssetsEOYAmt084938944
IRS990/TotalAssetsGrp/BOYAmt080774465
IRS990/TotalAssetsGrp/EOYAmt084938944
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt025252465
IRS990/TotalFunctionalExpensesGrp/TotalAmt025252465
IRS990/TotalGrossUBIAmt02772446
IRS990/TotalLiabilitiesBOYAmt01820353
IRS990/TotalLiabilitiesEOYAmt01978058
IRS990/TotalLiabilitiesGrp/BOYAmt01820353
IRS990/TotalLiabilitiesGrp/EOYAmt01978058
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt078954112
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt082960886
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt025252465
IRS990/TotalProgramServiceRevenueAmt025138488
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01348305
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025138488
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029259239
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02772446
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt080774465
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt084938944
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 418679
IRS990/USAddress/CityNm0KANSAS CITY
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064141
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY MURPHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF HUMAN RESOURCES
ReturnHeader/BusinessOfficerGrp/PhoneNum08165562200
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT PLAINS ENERGY INC MANAGEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HEALTH & WELFARE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0392046767
ReturnHeader/Filer/PhoneNum08165562200
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 418679
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064141
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341874260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ MHM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 WEST 47TH STREET SUITE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064112
ReturnHeader/PreparerPersonGrp/PhoneNum08169455500
ReturnHeader/ReturnTs02015-10-22T10:35:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.5$1.24$70.2$7.48$11.0$3.48
2023Detailed filing. Detailed filing data is available for this year.$72.2$0.47$71.8$8.25$14.5$6.22
2022Detailed filing. Detailed filing data is available for this year.$73.5$0.44$73.0$10.0$6.38$3.66
2021Detailed filing. Detailed filing data is available for this year.$82.4$0.20$82.2$13.1$10.9$2.20
2020Detailed filing. Detailed filing data is available for this year.$85.2$1.20$84.0$12.8$8.67$4.15
2019Detailed filing. Detailed filing data is available for this year.$83.7$3.21$80.5$17.5$27.5$9.93
2018Summary only. Only limited summary data is available for this year.$88.8$2.36$86.4$25.5$23.9$1.63
2017Detailed filing. Detailed filing data is available for this year.$88.7$1.48$87.2$23.3$23.2$0.14
2016Detailed filing. Detailed filing data is available for this year.$88.8$1.57$87.2$23.3$21.8$1.47
2015Detailed filing. Detailed filing data is available for this year.$87.7$1.98$85.7$27.2$24.5$2.72
2014Detailed filing. Detailed filing data is available for this year.$84.9$1.98$83.0$29.3$25.3$4.01
2013Detailed filing. Detailed filing data is available for this year.$80.8$1.82$79.0$30.2$22.0$8.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.1$2.38$70.7$24.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.8$5.02$60.7$24.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.1$5.87$54.3$22.0
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.3$2.65$37.6$21.9