Civic Intelligence

Hallmark Employee Benefit Trusts Commerce

990 • Fiscal year 2013 • EIN 43-6275603

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 30, 2014

PO Box 419480 Attn Tax 33064141

(816) 545-6810

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

2013 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

23rd percentile

0.00x

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

2013 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2013

Net Margin

14th percentile

-8.4%

Higher net margin than 14% of similar nonprofits.

2013 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2013

Top Officer Pay

100th percentile

$2,080,631

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2013 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2013

Asset Growth

3rd percentile

-22%

Faster asset growth than 3% of similar nonprofits.

2013 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$18,554,310

Down $5,145,700 (-22%) from 2012

Net Assets

Down

$18,554,310

Down $5,145,700 (-22%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$69,226,435

No earlier filing loaded for comparison.

Expenses

Down

$75,029,168

Down $4,571,264 (-5.7%) from 2012

Net Income

-$5,802,733

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $24,255,418Liabilities 2010: $0Net Assets 2010: $24,255,4182010Assets 2011: $25,067,723Liabilities 2011: $0Net Assets 2011: $25,067,7232011Assets 2012: $23,700,010Liabilities 2012: $0Net Assets 2012: $23,700,0102012Assets 2013: $18,554,310Liabilities 2013: $0Net Assets 2013: $18,554,3102013Assets 2014: $16,781,012Liabilities 2014: $0Net Assets 2014: $16,781,0122014Assets 2015: $9,860,340Liabilities 2015: $0Net Assets 2015: $9,860,3402015Assets 2016: $10,463,059Liabilities 2016: $0Net Assets 2016: $10,463,0592016Assets 2017: $8,987,988Liabilities 2017: $5,233Net Assets 2017: $8,982,7552017Assets 2018: $6,653,431Liabilities 2018: $23,335Net Assets 2018: $6,630,0962018Assets 2019: $8,053,756Liabilities 2019: $172,399Net Assets 2019: $7,881,3572019Assets 2020: $12,247,947Liabilities 2020: $0Net Assets 2020: $12,247,9472020Assets 2021: $11,792,268Liabilities 2021: $4,226Net Assets 2021: $11,788,0422021Assets 2022: $10,986,215Liabilities 2022: $1,190Net Assets 2022: $10,985,0252022Assets 2023: $12,162,853Liabilities 2023: $185,854Net Assets 2023: $11,976,9992023Assets 2024: $12,896,352Liabilities 2024: $0Net Assets 2024: $12,896,3522024

Highlighted filing

2013

Assets$18,554,310
Liabilities$0
Net Assets$18,554,310

Operations Trend

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

$100M$50M$0-$50MExpenses 2010: $73,429,7642010Expenses 2011: $80,381,6782011Expenses 2012: $79,600,4322012Revenue 2013: $69,226,435Expenses 2013: $75,029,168Net Income 2013: -$5,802,7332013Revenue 2014: $71,556,909Expenses 2014: $72,740,783Net Income 2014: -$1,183,8742014Revenue 2015: $62,697,260Expenses 2015: $67,625,090Net Income 2015: -$4,927,8302015Revenue 2016: $57,288,817Expenses 2016: $56,980,828Net Income 2016: $307,9892016Revenue 2017: $54,869,573Expenses 2017: $57,049,043Net Income 2017: -$2,179,4702017Revenue 2018: $60,626,837Expenses 2018: $61,903,281Net Income 2018: -$1,276,4442018Revenue 2019: $71,465,434Expenses 2019: $71,090,001Net Income 2019: $375,4332019Revenue 2020: $48,756,993Expenses 2020: $44,943,146Net Income 2020: $3,813,8472020Revenue 2021: $50,271,488Expenses 2021: $50,458,643Net Income 2021: -$187,1552021Revenue 2022: $47,387,957Expenses 2022: $46,827,796Net Income 2022: $560,1612022Revenue 2023: $45,118,262Expenses 2023: $44,702,869Net Income 2023: $415,3932023Revenue 2024: $53,190,706Expenses 2024: $52,320,124Net Income 2024: $870,5822024

Highlighted filing

2013

Revenue$69,226,435
Expenses$75,029,168
Net Income-$5,802,733
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 30, 2014
Return Version
2013v3.0
Gross Receipts
$77,440,100
Mission and Program Overview

Mission

NONE

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$23,700,010$18,554,310▼ $5,145,700
Investments in Publicly Traded Securities$21,711,876$16,840,625▼ $4,871,251
Accounts Receivable$1,665,546$909,240▼ $756,306
Cash and Non-Interest-Bearing Accounts$0--
Savings and Temporary Cash Investments$0--
Pledges and Grants Receivable$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$23,700,010$18,554,310▼ $5,145,700
Other Assets Total$322,588$804,445▲ $481,857
Liabilities
Other Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,700,010$18,554,310▼ $5,145,700
Total Liabilities and Net Assets / Fund Balance$23,700,010$18,554,310▼ $5,145,700
Compensation and Service Providers

Employees

NameTitleOtherTotal
-Fiduciary$2,080,631$2,080,631
-Trustee$38,122$38,122

Highest Paid Contractors

ContractorServicesLocationCompensation
CignaContract Administrator-$3,782,282
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$66,558,430
Investment Income
$2,668,005
Other Revenue
$0
Change in Net Assets
$-5,802,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,844,788
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---$71,184,380
Fees for Services Other---$3,820,404
Fees for Services Accounting---$19,784
Fees for Service Investment Mgmnt Fees---$4,600
Total Functional Expenses$0$0$0$75,029,168
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
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 9

State street bank (trustee) 105 rosemont avenue westwood ma 02090-2318

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

Form 990 reviewed by the plan sponsor's tax director

Form 990, Part VI, Section C, Line 19

Documents are made available upon request

Filing and Contact Details

Filer

EIN
43-6275603
Phone
8165456810

Signing Officer

Name
Kevin Hartley
Title
Tax Officer
Phone
8165456810
Signed
2014-10-30

Organization Details

Principal Officer
Hallmark Benefit Plans Advisory Com
Formed
1985
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 5

Net unrealized appreciaton of assets

Financial Statement Notes

Schedule D, Part X, Line 2

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 IRS. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Raw XML Appendix337 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/ExplanationTxt0Accounting 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 IRS. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STATE STREET BANK (TRUSTEE) 105 ROSEMONT AVENUE WESTWOOD MA 02090-2318
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY THE PLAN SPONSOR'S TAX DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NET UNREALIZED APPRECIATON OF ASSETS
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt075029168
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023700010
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018554310
IRS990/TotalOtherCompensationAmt038122
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt066558430
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0779950
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt068446485
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt069226435
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023700010
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018554310
IRS990/TotReportableCompRltdOrgAmt02080631
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 419480 ATTN TAX 330
IRS990/USAddress/City0KANSAS CITY
IRS990/USAddress/State0MO
IRS990/USAddress/ZIPCode064141
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kevin Hartley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Tax Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum08165456810
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10HALLMARK EMPLOYEE BENEFIT TRUSTS COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0HALL
ReturnHeader/Filer/EIN0436275603
ReturnHeader/Filer/PhoneNum08165456810
ReturnHeader/Filer/USAddress/AddressLine10PO Box 419480 Attn Tax 330
ReturnHeader/Filer/USAddress/City0Kansas City
ReturnHeader/Filer/USAddress/State0MO
ReturnHeader/Filer/USAddress/ZIPCode064141
ReturnHeader/ReturnTs02014-10-30T10:14:52-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$12.9$0.00$12.9$53.2$52.3$0.87
2023Summary only. Only limited summary data is available for this year.$12.2$0.19$12.0$45.1$44.7$0.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.00$11.0$47.4$46.8$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.00$11.8$50.3$50.5$0.19
2020Summary only. Only limited summary data is available for this year.$12.2$0.00$12.2$48.8$44.9$3.81
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.05$0.17$7.88$71.5$71.1$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.65$0.02$6.63$60.6$61.9$1.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.99$0.01$8.98$54.9$57.0$2.18
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.00$10.5$57.3$57.0$0.31
2015Detailed filing. Detailed filing data is available for this year.$9.86$0.00$9.86$62.7$67.6$4.93
2014Detailed filing. Detailed filing data is available for this year.$16.8$0.00$16.8$71.6$72.7$1.18
2013Detailed filing. Detailed filing data is available for this year.$18.6$0.00$18.6$69.2$75.0$5.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$0.00$23.7$79.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$0.00$25.1$80.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$0.00$24.3$73.4
Peer Organizations

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