Civic Intelligence

Johnson Controls World Services Inc Retiree Benefits Trust

990 • Fiscal year 2023 • EIN 39-6630218

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
5757 N Green Bay Ave Mail Stopx-Glendale, WI 53209

(414) 524-1200

Siviq Scores

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

Liabilities / Assets

45th percentile

0.01x

Higher debt load relative to assets than 45% of similar nonprofits.

2023 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.29x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2023

Net Margin

7th percentile

-89%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

2023 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2023

Asset Growth

29th percentile

-1.1%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

91st percentile

49%

Faster revenue growth than 91% of similar nonprofits.

2023 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$7,766,785

Down $89,460 (-1.1%) from 2022

Net Assets

Down

$7,687,965

Down $108,530 (-1.4%) from 2022

Liabilities

Up

$78,820

Up $19,070 (+32%) from 2022

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin7th percentile

Revenue

Up

$271,170

Up $88,886 (+49%) from 2022

Expenses

Down

$511,398

Down $3,206 (-0.6%) from 2022

Net Income

Up

-$240,228

Up $92,092 (+28%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $17,369,065Liabilities 2010: $93,310Net Assets 2010: $17,275,7552010Assets 2011: $15,830,517Liabilities 2011: $67,077Net Assets 2011: $15,763,4402011Assets 2012: $15,163,404Liabilities 2012: $51,780Net Assets 2012: $15,111,6242012Assets 2013: $14,131,791Liabilities 2013: $56,916Net Assets 2013: $14,074,8752013Assets 2014: $13,115,081Liabilities 2014: $120,307Net Assets 2014: $12,994,7742014Assets 2015: $12,055,754Liabilities 2015: $119,545Net Assets 2015: $11,936,2092015Assets 2016: $11,278,993Liabilities 2016: $74,099Net Assets 2016: $11,204,8942016Assets 2017: $10,718,871Liabilities 2017: $154,276Net Assets 2017: $10,564,5952017Assets 2018: $9,820,642Liabilities 2018: $59,535Net Assets 2018: $9,761,1072018Assets 2019: $9,566,797Liabilities 2019: $155,124Net Assets 2019: $9,411,6732019Assets 2020: $9,083,438Liabilities 2020: $19,693Net Assets 2020: $9,063,7452020Assets 2021: $8,643,420Liabilities 2021: $97,770Net Assets 2021: $8,545,6502021Assets 2022: $7,856,245Liabilities 2022: $59,750Net Assets 2022: $7,796,4952022Assets 2023: $7,766,785Liabilities 2023: $78,820Net Assets 2023: $7,687,9652023Assets 2024: $7,654,154Liabilities 2024: $103,264Net Assets 2024: $7,550,8902024

Highlighted filing

2023

Assets$7,766,785
Liabilities$78,820
Net Assets$7,687,965
Open 2023 Filing

Operations Trend

Revenue Growth91st percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $1,509,4652010Expenses 2011: $1,613,1302011Expenses 2012: $1,403,5952012Revenue 2013: $280,699Expenses 2013: $1,317,448Net Income 2013: -$1,036,7492013Revenue 2014: $122,093Expenses 2014: $1,202,194Net Income 2014: -$1,080,1012014Revenue 2015: $78,932Expenses 2015: $1,137,497Net Income 2015: -$1,058,5652015Revenue 2016: $236,424Expenses 2016: $967,739Net Income 2016: -$731,3152016Revenue 2017: $200,268Expenses 2017: $809,112Net Income 2017: -$608,8442017Revenue 2018: $208,834Expenses 2018: $956,780Net Income 2018: -$747,9462018Revenue 2019: $247,333Expenses 2019: $743,841Net Income 2019: -$496,5082019Revenue 2020: $169,199Expenses 2020: $656,128Net Income 2020: -$486,9292020Revenue 2021: $123,118Expenses 2021: $527,766Net Income 2021: -$404,6482021Revenue 2022: $182,284Expenses 2022: $514,604Net Income 2022: -$332,3202022Revenue 2023: $271,170Expenses 2023: $511,398Net Income 2023: -$240,2282023Revenue 2024: $324,350Expenses 2024: $521,298Net Income 2024: -$196,9482024

Highlighted filing

2023

Revenue$271,170
Expenses$511,398
Net Income-$240,228
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$271,170
Mission and Program Overview

Mission

To provide medical, dental, and life insurance benefits under designated benefits programs to eligible retired employees of Johnson Controls World Services, Inc.

To provide medical, prescription drug & dental, vision, & life insurance benefits under designated benefits programs to eligible retired employees of johnson controls world services, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,790,888$7,715,063▼ $75,825
Cap Stk Tr Prin Current Funds$7,796,495$7,687,965▼ $108,530
Savings and Temporary Cash Investments$36,180$45,477▲ $9,297
Accounts Receivable$25,028$3,243▼ $21,785
Prepaid Expenses and Deferred Charges$4,149$3,002▼ $1,147
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$7,856,245$7,766,785▼ $89,460
Liabilities
Accounts Payable and Accrued Expenses$35,815$52,804▲ $16,989
Other Liabilities$23,935$26,016▲ $2,081
Total Liabilities$59,750$78,820▲ $19,070
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,796,495$7,687,965▼ $108,530
Total Liabilities and Net Assets / Fund Balance$7,856,245$7,766,785▼ $89,460
Compensation and Service Providers
Top Officer Pay48th percentile

Board Members and Trustees

NameTitle
Marc VandiepenbeeckChief Financial Officer
Marlon J SullivanChief Human Resources Officer
Pieter LensTreasurer
Jody YaegerVP Global Total Rewards
Kathy MladaVP Hr Benefits & Global Payroll
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$271,170
Other Revenue
$0
Change in Net Assets
$-240,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$271,170
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$131,698
Total Revenue per Audited Statements
$402,868
Total Revenue per Form 990
$271,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,060
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---$491,338
Other Expenses---$20,060
Total Functional Expenses$0$0$0$511,398

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$511,398
Total Expenses per Audited Statements$511,398
Total Expenses per Form 990$511,398
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Benefit Payments$26,016
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Form 990, Part VI, Section A, Line 7A

“The trustee of the organization is designated by the johnson controls world services pension committee.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the lead analyst, external reporting who reports to the trustees of the trust. The form 990 is also reviewed by the director global tax accounting, who ensures all tax filings of the organization, before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The ethics policy of the sponsor requires individuals to make immediate disclosure to the audit committee on issues relating to conflicts of interest. Employees must avoid any relationship or activity that could affect their independent judgement in the conduct of johnson controls' interests. In assessing whether a situation poses a conflict of interest, employees should examine whether their interest or activity could influence, or could give the appearance of influencing, their decisions on behalf of the company. All employees must provide written notice to the company of an actual or potential conflict of interest.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request and on the sponsors' website www.johnsoncontrols.com.”

Filing and Contact Details

Filer

Filer Name
Johnson Controls World Services Inc
EIN
39-6630218
Phone
4145241200
Address
5757 N GREEN BAY AVE MAIL STOPX-, GLENDALE, WI 53209

Signing Officer

Name
Patty Bakke
Title
Director Global Tax Accounting
Phone
4145241200
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Mlada
Formed
1984
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Wipfli Llp
Address
170 N RADNOR-CHESTER RD SUITE 200, RADNOR, PA 19087
Preparer
Solomon Mardakhaev
Phone
6105653930
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“During 1995, the company established the johnson controls world services, inc. 501(c)(9) trust (the trust) for the purpose of accumulating and distributing contributions made in accordance with the plan. The trust is qualified pursuant to section 501(c)(9) of the internal revenue code (irc); therefore, the trust's net investment income, to the extent the trust is deficient in net assets compared to the plan's benefit obligations, is treated as exempt from income taxes. During the year ended december 31, 2023, the plan incurred a net investment loss resulting in the trust not being subject to taxation. Unrealized business income taxes of $27,779 have been incurred by the trust for the year ended december 31, 2023. The plan administrator believes that the plan is currently designed and being operated in compliance with the applicable requirements of the irc. U.s. Gaap requires plan management to evaluate tax positions taken by the plan and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or department of labor. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix318 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt035815
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt052804
IRS990/AccountsReceivableGrp/BOYAmt025028
IRS990/AccountsReceivableGrp/EOYAmt03243
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE MEDICAL, PRESCRIPTION DRUG & DENTAL, VISION, & LIFE INSURANCE BENEFITS UNDER DESIGNATED BENEFITS PROGRAMS TO ELIGIBLE RETIRED EMPLOYEES OF JOHNSON CONTROLS WORLD SERVICES, INC.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt0491338
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHNSON CONTROLS INC
IRS990/BooksInCareOfDetail/PhoneNum04145241200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05757 N GREEN BAY AVE MAIL STOPX-81
IRS990/BooksInCareOfDetail/USAddress/CityNm0GLENDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053209
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt07796495
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt07687965
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0491338
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0271170
IRS990/CYOtherExpensesAmt020060
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-240228
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0511398
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0271170
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE PLAN IS A WELFARE BENEFIT PLAN PROVIDING MEDICAL, PRESCRIPTION DRUG AND DENTAL, VISION, AND LIFE INSURANCE BENEFITS UNDER DESIGNATED BENEFITS PROGRAMS TO ELIGIBLE RETIRED EMPLOYEES OF JOHNSON CONTROLS WORLD SERVICES, INC.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0MARC VANDIEPENBEECK
IRS990/Form990PartVIISectionAGrp/PersonNm1PIETER LENS
IRS990/Form990PartVIISectionAGrp/PersonNm2MARLON J SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm3JODY YAEGER
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHY MLADA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF HUMAN RESOURCES OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP GLOBAL TOTAL REWARDS
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP HR BENEFITS & GLOBAL PAYROLL
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0271170
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0190078
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0271170
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt081092
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07790888
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07715063
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07796495
IRS990/NetAssetsOrFundBalancesEOYAmt07687965
IRS990/NetUnrelatedBusTxblIncmAmt080092
IRS990/NetUnrlzdGainsLossesInvstAmt0131698
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSE
IRS990/OtherExpensesGrp/TotalAmt020060
IRS990/OtherLiabilitiesGrp/BOYAmt023935
IRS990/OtherLiabilitiesGrp/EOYAmt026016
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04149
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03002
IRS990/PrincipalOfficerNm0KATHY MLADA
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0493364
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0182284
IRS990/PYOtherExpensesAmt021240
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-332320
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0514604
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0182284
IRS990/ReconcilationRevenueExpnssAmt0-240228
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt036180
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045477
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0511398
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0131698
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED BENEFIT PAYMENTS
IRS990ScheduleD/RevenueNotReportedAmt0131698
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0271170
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DURING 1995, THE COMPANY ESTABLISHED THE JOHNSON CONTROLS WORLD SERVICES, INC. 501(C)(9) TRUST (THE TRUST) FOR THE PURPOSE OF ACCUMULATING AND DISTRIBUTING CONTRIBUTIONS MADE IN ACCORDANCE WITH THE PLAN. THE TRUST IS QUALIFIED PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC); THEREFORE, THE TRUST'S NET INVESTMENT INCOME, TO THE EXTENT THE TRUST IS DEFICIENT IN NET ASSETS COMPARED TO THE PLAN'S BENEFIT OBLIGATIONS, IS TREATED AS EXEMPT FROM INCOME TAXES. DURING THE YEAR ENDED DECEMBER 31, 2023, THE PLAN INCURRED A NET INVESTMENT LOSS RESULTING IN THE TRUST NOT BEING SUBJECT TO TAXATION. UNREALIZED BUSINESS INCOME TAXES OF $27,779 HAVE BEEN INCURRED BY THE TRUST FOR THE YEAR ENDED DECEMBER 31, 2023. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR DEPARTMENT OF LABOR. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0511398
IRS990ScheduleD/TotalLiabilityAmt026016
IRS990ScheduleD/TotalRevenuePerForm990Amt0271170
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0402868
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0511398
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE OF THE ORGANIZATION IS DESIGNATED BY THE JOHNSON CONTROLS WORLD SERVICES PENSION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE LEAD ANALYST, EXTERNAL REPORTING WHO REPORTS TO THE TRUSTEES OF THE TRUST. THE FORM 990 IS ALSO REVIEWED BY THE DIRECTOR GLOBAL TAX ACCOUNTING, WHO ENSURES ALL TAX FILINGS OF THE ORGANIZATION, BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ETHICS POLICY OF THE SPONSOR REQUIRES INDIVIDUALS TO MAKE IMMEDIATE DISCLOSURE TO THE AUDIT COMMITTEE ON ISSUES RELATING TO CONFLICTS OF INTEREST. EMPLOYEES MUST AVOID ANY RELATIONSHIP OR ACTIVITY THAT COULD AFFECT THEIR INDEPENDENT JUDGEMENT IN THE CONDUCT OF JOHNSON CONTROLS' INTERESTS. IN ASSESSING WHETHER A SITUATION POSES A CONFLICT OF INTEREST, EMPLOYEES SHOULD EXAMINE WHETHER THEIR INTEREST OR ACTIVITY COULD INFLUENCE, OR COULD GIVE THE APPEARANCE OF INFLUENCING, THEIR DECISIONS ON BEHALF OF THE COMPANY. ALL EMPLOYEES MUST PROVIDE WRITTEN NOTICE TO THE COMPANY OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THE SPONSORS' WEBSITE WWW.JOHNSONCONTROLS.COM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0390380010
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANUFACTURING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0JOHNSON CONTROLS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt05757 N GREEN BAY AVE MAIL STOP X-81
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0GLENDALE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd053209
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07856245
IRS990/TotalAssetsEOYAmt07766785
IRS990/TotalAssetsGrp/BOYAmt07856245
IRS990/TotalAssetsGrp/EOYAmt07766785
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0511398
IRS990/TotalGrossUBIAmt081092
IRS990/TotalLiabilitiesBOYAmt059750
IRS990/TotalLiabilitiesEOYAmt078820
IRS990/TotalLiabilitiesGrp/BOYAmt059750
IRS990/TotalLiabilitiesGrp/EOYAmt078820
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07796495
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07687965
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0190078
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0271170
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt081092
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07856245
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07766785
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05757 N GREEN BAY AVE MAIL STOPX-81
IRS990/USAddress/CityNm0GLENDALE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053209
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATTY BAKKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR GLOBAL TAX ACCOUNTING
ReturnHeader/BusinessOfficerGrp/PhoneNum04145241200
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JOHNSON CONTROLS WORLD SERVICES INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RETIREE BENEFITS TRUST
ReturnHeader/Filer/BusinessNameControlTxt0JOHN
ReturnHeader/Filer/EIN0396630218
ReturnHeader/Filer/PhoneNum04145241200
ReturnHeader/Filer/USAddress/AddressLine1Txt05757 N GREEN BAY AVE MAIL STOPX-
ReturnHeader/Filer/USAddress/CityNm0GLENDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053209
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390758449
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WIPFLI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0170 N RADNOR-CHESTER RD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RADNOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019087
ReturnHeader/PreparerPersonGrp/PhoneNum06105653930
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SOLOMON MARDAKHAEV
ReturnHeader/ReturnTs02024-11-14T15:50:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,766,785
Liabilities
$78,820
Net assets
$7,687,965
Revenue
$271,170
Expenses
$511,398
Net income
-$240,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$0.10$7.55$0.32$0.52$0.20
2023Detailed filing. Detailed filing data is available for this year.$7.77$0.08$7.69$0.27$0.51$0.24
2022Detailed filing. Detailed filing data is available for this year.$7.86$0.06$7.80$0.18$0.51$0.33
2021Detailed filing. Detailed filing data is available for this year.$8.64$0.10$8.55$0.12$0.53$0.40
2020Detailed filing. Detailed filing data is available for this year.$9.08$0.02$9.06$0.17$0.66$0.49
2019Detailed filing. Detailed filing data is available for this year.$9.57$0.16$9.41$0.25$0.74$0.50
2018Detailed filing. Detailed filing data is available for this year.$9.82$0.06$9.76$0.21$0.96$0.75
2017Detailed filing. Detailed filing data is available for this year.$10.7$0.15$10.6$0.20$0.81$0.61
2016Detailed filing. Detailed filing data is available for this year.$11.3$0.07$11.2$0.24$0.97$0.73
2015Detailed filing. Detailed filing data is available for this year.$12.1$0.12$11.9$0.08$1.14$1.06
2014Detailed filing. Detailed filing data is available for this year.$13.1$0.12$13.0$0.12$1.20$1.08
2013Detailed filing. Detailed filing data is available for this year.$14.1$0.06$14.1$0.28$1.32$1.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.05$15.1$1.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$0.07$15.8$1.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$0.09$17.3$1.51