Civic Intelligence

Harbor Group Insurance Trust

990 • Fiscal year 2016 • EIN 42-6365229

Sep 01, 2015 to Aug 31, 2016 • Filed on May 30, 2017

Organization ProfileN/A
PO Box 260Sioux Center, IA 51250

(712) 722-1660

Siviq Scores

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

Liabilities / Assets

69th percentile

0.10x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Net Margin

13th percentile

-29%

Higher net margin than 13% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Asset Growth

6th percentile

-52%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$877,903

Down $967,147 (-52%) from 2015

Net Assets

Down

$790,529

Down $1,004,660 (-56%) from 2015

Liabilities

Up

$87,374

Up $37,513 (+75%) from 2015

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin13th percentile

Revenue

Down

$3,517,987

Down $852,535 (-20%) from 2015

Expenses

Up

$4,522,647

Up $552,809 (+14%) from 2015

Net Income

Down

-$1,004,660

Down $1,405,344 (-351%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,063,365Liabilities 2011: $1,048,000Net Assets 2011: $15,3652011Assets 2012: $984,656Liabilities 2012: $945,087Net Assets 2012: $39,5692012Assets 2013: $1,094,477Liabilities 2013: $927,000Net Assets 2013: $167,4772013Assets 2014: $1,394,505Liabilities 2014: $779,000Net Assets 2014: $615,5052014Assets 2015: $1,845,050Liabilities 2015: $49,861Net Assets 2015: $1,795,1892015Assets 2016: $877,903Liabilities 2016: $87,374Net Assets 2016: $790,5292016Assets 2017: $896,195Liabilities 2017: $242,812Net Assets 2017: $653,3832017Assets 2018: $776,515Liabilities 2018: $212,941Net Assets 2018: $563,5742018Assets 2019: $675,620Liabilities 2019: $254,138Net Assets 2019: $421,4822019Assets 2020: $1,133,978Liabilities 2020: $100,725Net Assets 2020: $1,033,2532020Assets 2021: $1,977,481Liabilities 2021: $69,765Net Assets 2021: $1,907,7162021Assets 2022: $2,228,974Liabilities 2022: $347,907Net Assets 2022: $1,881,0672022Assets 2023: $2,431,283Liabilities 2023: $78,437Net Assets 2023: $2,352,8462023Assets 2024: $3,847,073Liabilities 2024: $1,380,703Net Assets 2024: $2,466,3702024

Highlighted filing

2016

Assets$877,903
Liabilities$87,374
Net Assets$790,529
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,919,864Expenses 2011: $4,034,974Net Income 2011: -$115,1102011Revenue 2012: $3,850,878Expenses 2012: $3,826,674Net Income 2012: $24,2042012Expenses 2013: $4,459,8722013Revenue 2014: $5,737,897Expenses 2014: $5,289,869Net Income 2014: $448,0282014Revenue 2015: $4,370,522Expenses 2015: $3,969,838Net Income 2015: $400,6842015Revenue 2016: $3,517,987Expenses 2016: $4,522,647Net Income 2016: -$1,004,6602016Revenue 2017: $5,196,405Expenses 2017: $5,333,551Net Income 2017: -$137,1462017Revenue 2018: $6,293,751Expenses 2018: $6,383,560Net Income 2018: -$89,8092018Revenue 2019: $7,743,356Expenses 2019: $7,885,448Net Income 2019: -$142,0922019Revenue 2020: $10,456,602Expenses 2020: $9,844,831Net Income 2020: $611,7712020Revenue 2021: $10,385,047Expenses 2021: $9,510,584Net Income 2021: $874,4632021Revenue 2022: $10,658,848Expenses 2022: $10,685,497Net Income 2022: -$26,6492022Revenue 2023: $12,778,981Expenses 2023: $12,307,202Net Income 2023: $471,7792023Revenue 2024: $14,448,922Expenses 2024: $14,335,398Net Income 2024: $113,5242024

Highlighted filing

2016

Revenue$3,517,987
Expenses$4,522,647
Net Income-$1,004,660
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
May 30, 2017
Return Version
2015v3.0
Gross Receipts
$3,517,987
Mission and Program Overview

Mission

To effectuate employee health, dental, vision, lt and st disability & death benefits for employees & eligible dependents.

Health, dental, vision, lt and st disability & death benefits for employees & eligible dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,792,888$877,903▼ $914,985
Rtn Earn Endowment Incm Other Fnds$1,795,189$790,529▼ $1,004,660
Accounts Receivable$52,162$0▼ $52,162
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,845,050$877,903▼ $967,147
Liabilities
Accounts Payable and Accrued Expenses$49,861$87,374▲ $37,513
Total Liabilities$49,861$87,374▲ $37,513
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,795,189$790,529▼ $1,004,660
Total Liabilities and Net Assets / Fund Balance$1,845,050$877,903▼ $967,147
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Catherine BloomTrustee
Christina CotaTrustee
Ronald HeemstraTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Wellmark Blue Cross And Blue Shield Of IAdministrative FeesPO BOX 9124, Des Moines, IA 50306-9124$259,219
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,516,834
Investment Income
$1,153
Other Revenue
$0
Change in Net Assets
$-1,004,660

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,517,987
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,517,987
Total Revenue per Form 990
$3,517,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,250,935
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---$3,271,712
Fees for Services Management---$369,438
Other Expenses---$2
Total Functional Expenses$0$0$0$4,522,647

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,522,647
Total Expenses per Audited Statements$4,522,647
Total Expenses per Form 990$4,522,647
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Catherine bloom has a business relationship with ronald heemstra and christina cota.”

Form 990, Part VI, Section A, Line 6

“This is a trust established by harbor group, inc. And interstates construction services, inc. And its affiliates.”

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

“The company may remove and appoint trustees.”

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

“Termination of the trust, or removal of a trustee must be approved by the company.”

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

“There are no committees with the authority to act on behalf of the board.”

Form 990, Part VI, Section B, Line 11

“The trustees review the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 15

“The trust does not compensate any of the trustees.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are not available for public inspection.”

Filing and Contact Details

Filer

Filer Name
Harbor Group Insurance Trust
EIN
42-6365229
Phone
7127221660
Address
PO BOX 260, SIOUX CENTER, IA 51250

Signing Officer

Name
Ronald Heemstra
Title
Trustee
Phone
7127221660
Signed
2017-05-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Heemstra
Formed
1984
Legal Domicile
Ia
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Eide Bailly Llp
Address
200 EAST 10TH ST PO BOX 5125, SIOUX FALLS, SD 57117-5125
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3

“The organization is electing to set aside investment income for the purpose of payments for health benefits to its members. The set aside election has been made by filing schedule g of form 990-t, in addition to completing a schedule in support of income set aside as attached to the form 990-t.”

Financial Statement Notes

PART X, LINE 2:

“The voluntary employee benefit association (veba) trust established to hold the plan's assets is intended to qualify pursuant to section 501(c)(9) of the internal revenue code, and accordingly, the veba trust's net investment income is exempt from income taxes. The veba trust has obtained an exemption letter dated may 27, 1988, in which the internal revenue service stated the trust, as then designed, was in compliance with the applicable requirements of the internal revenue code. However, as a result of the plan's funding policy, from time to time the trust may be subject to income taxes. No federal or state income taxes have been recorded in the financial statements for unrelated business taxable income. The trust has been amended since receiving the exemption letter. However, the plan sponsor believes that the trust is currently designed and being operated in compliance with the applicable requirements of the internal revenue code. Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the internal revenue service. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix348 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/BOYAmt049861
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt087374
IRS990/AccountsReceivableGrp/BOYAmt052162
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HEALTH, DENTAL, VISION, LT AND ST DISABILITY & DEATH BENEFITS FOR EMPLOYEES & ELIGIBLE DEPENDENTS.
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt03271712
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RONALD HEEMSTRA
IRS990/BooksInCareOfDetail/PhoneNum07127221662
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01520 NORTH MAIN
IRS990/BooksInCareOfDetail/USAddress/CityNm0SIOUX CENTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd051250
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0259219
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 9124
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DES MOINES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0503069124
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WELLMARK BLUE CROSS AND BLUE SHIELD OF I
IRS990/ContractorCompensationGrp/ServicesDesc0ADMINISTRATIVE FEES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt03271712
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01153
IRS990/CYOtherExpensesAmt01250935
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03516834
IRS990/CYRevenuesLessExpensesAmt0-1004660
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04522647
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03517987
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EMPLOYEE HEALTH, DENTAL, VISION, LT AND ST DISABILITY & DEATH BENEFITS FOR EMPLOYEES & ELIGIBLE DEPENDENTS. THERE WERE 621 ACTIVE PARTICIPANTS IN THE PLAN AND 3 RETIRED OR SEPARATED PARTICIPANTS RECEIVING BENEFITS AT YEAR END.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/TotalAmt0369438
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt239.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RONALD HEEMSTRA
IRS990/Form990PartVIISectionAGrp/PersonNm1CATHERINE BLOOM
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTINA COTA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03517987
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01153
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt01153
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01795189
IRS990/NetAssetsOrFundBalancesEOYAmt0790529
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INSURANCE PREMIUMS
IRS990/OtherExpensesGrp/Desc1GOVERNMENT FEES
IRS990/OtherExpensesGrp/Desc2TAX EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0843569
IRS990/OtherExpensesGrp/TotalAmt137926
IRS990/OtherExpensesGrp/TotalAmt22
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RONALD HEEMSTRA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYEE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02045610
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11471224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02045610
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11471224
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt02873393
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01110
IRS990/PYOtherExpensesAmt01096445
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04369412
IRS990/PYRevenuesLessExpensesAmt0400684
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03969838
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04370522
IRS990/ReconcilationRevenueExpnssAmt0-1004660
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01795189
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0790529
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01792888
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0877903
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04522647
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03517987
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TRUST ESTABLISHED TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, THE VEBA TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE VEBA TRUST HAS OBTAINED AN EXEMPTION LETTER DATED MAY 27, 1988, IN WHICH THE INTERNAL REVENUE SERVICE STATED THE TRUST, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN THE FINANCIAL STATEMENTS FOR UNRELATED BUSINESS TAXABLE INCOME. THE TRUST HAS BEEN AMENDED SINCE RECEIVING THE EXEMPTION LETTER. HOWEVER, THE PLAN SPONSOR BELIEVES THAT THE TRUST IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. 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/TotalExpensesPerForm990Amt04522647
IRS990ScheduleD/TotalRevenuePerForm990Amt03517987
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03517987
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04522647
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ELECTING TO SET ASIDE INVESTMENT INCOME FOR THE PURPOSE OF PAYMENTS FOR HEALTH BENEFITS TO ITS MEMBERS. THE SET ASIDE ELECTION HAS BEEN MADE BY FILING SCHEDULE G OF FORM 990-T, IN ADDITION TO COMPLETING A SCHEDULE IN SUPPORT OF INCOME SET ASIDE AS ATTACHED TO THE FORM 990-T.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATHERINE BLOOM HAS A BUSINESS RELATIONSHIP WITH RONALD HEEMSTRA AND CHRISTINA COTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS IS A TRUST ESTABLISHED BY HARBOR GROUP, INC. AND INTERSTATES CONSTRUCTION SERVICES, INC. AND ITS AFFILIATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPANY MAY REMOVE AND APPOINT TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TERMINATION OF THE TRUST, OR REMOVAL OF A TRUSTEE MUST BE APPROVED BY THE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TRUSTEES REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE TRUST DOES NOT COMPENSATE ANY OF THE TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd9N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd10N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0420932098
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1421492435
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1IA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0ELECTRICAL CONTRACTING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1ELECTRICAL CONTRACTING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0INTERSTATES CONSTRUCTION SERVICES INCORPORATED
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1HARBOR GROUP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2IEEC OF CALIFORNIA INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3IEEC INTERNATIONAL LTD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4INTERSTATE ENGINEERING INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5INTERSTATES CONTROL SYSTEMS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6INTERSTATES INSTRUMENTATION INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt7HARBOR CONSULTING GROUP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt8IEEC TRANSPORTATION & LEASING CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt9INTERFAB LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt10IC OF WYOMING LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 260 1520 N MAIN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1PO BOX 260 1520 N MAIN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0SIOUX CENTER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1SIOUX CENTER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1IA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd051250
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd151250
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01845050
IRS990/TotalAssetsEOYAmt0877903
IRS990/TotalAssetsGrp/BOYAmt01845050
IRS990/TotalAssetsGrp/EOYAmt0877903
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04522647
IRS990/TotalGrossUBIAmt01153
IRS990/TotalLiabilitiesBOYAmt049861
IRS990/TotalLiabilitiesEOYAmt087374
IRS990/TotalLiabilitiesGrp/BOYAmt049861
IRS990/TotalLiabilitiesGrp/EOYAmt087374
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01795189
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0790529
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt03516834
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03516834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03517987
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01153
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01845050
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0877903
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 260
IRS990/USAddress/CityNm0SIOUX CENTER
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd051250
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD HEEMSTRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07127221660
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HARBOR GROUP INSURANCE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0HARB
ReturnHeader/Filer/EIN0426365229
ReturnHeader/Filer/PhoneNum07127221660
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 260
ReturnHeader/Filer/USAddress/CityNm0SIOUX CENTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051250
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 EAST 10TH ST PO BOX 5125
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0571175125
ReturnHeader/PreparerPersonGrp/PhoneNum06053391999
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURIE HANSON
ReturnHeader/ReturnTs02017-06-05T09:30:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$877,903
Liabilities
$87,374
Net assets
$790,529
Revenue
$3,517,987
Expenses
$4,522,647
Net income
-$1,004,660
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$1.38$2.47$14.4$14.3$0.11
2023Summary only. Only limited summary data is available for this year.$2.43$0.08$2.35$12.8$12.3$0.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.35$1.88$10.7$10.7$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.07$1.91$10.4$9.51$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.10$1.03$10.5$9.84$0.61
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.25$0.42$7.74$7.89$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.21$0.56$6.29$6.38$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.24$0.65$5.20$5.33$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.09$0.79$3.52$4.52$1.00
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.05$1.80$4.37$3.97$0.40
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.78$0.62$5.74$5.29$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.93$0.17$4.46
2012Summary only. Only limited summary data is available for this year.$0.98$0.95$0.04$3.85$3.83$0.02
2011Summary only. Only limited summary data is available for this year.$1.06$1.05$0.02$3.92$4.03$0.12