Civic Intelligence

Hallmark Employee Benefit Trusts Commerce

990 • Fiscal year 2019 • EIN 43-6275603

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

PO Box 419480 Attn Tax 330Kansas City, MO 64141

(816) 274-3062

Siviq Scores

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

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

2019 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

2019 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2019

Net Margin

33rd percentile

0.5%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

100th percentile

$2,968,179

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2019 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2019

Asset Growth

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

2019 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

18%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,053,756

Up $1,400,325 (+21%) from 2018

Net Assets

Up

$7,881,357

Up $1,251,261 (+19%) from 2018

Liabilities

Up

$172,399

Up $149,064 (+639%) from 2018

Revenue

Up

$71,465,434

Up $10,838,597 (+18%) from 2018

Expenses

Up

$71,090,001

Up $9,186,720 (+15%) from 2018

Net Income

Up

$375,433

Up $1,651,877 (+129%) from 2018

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

2019

Assets$8,053,756
Liabilities$172,399
Net Assets$7,881,357

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

2019

Revenue$71,465,434
Expenses$71,090,001
Net Income$375,433
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$72,465,434
Mission and Program Overview

Mission

NONE

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,630,096$7,881,357▲ $1,251,261
Investments in Publicly Traded Securities$6,441,073$7,720,640▲ $1,279,567
Savings and Temporary Cash Investments$139,982$251,277▲ $111,295
Accounts Receivable$72,376$81,839▲ $9,463
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,653,431$8,053,756▲ $1,400,325
Liabilities
Accounts Payable and Accrued Expenses$23,335$172,399▲ $149,064
Other Liabilities$0$0→ $0
Total Liabilities$23,335$172,399▲ $149,064
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,630,096$7,881,357▲ $1,251,261
Total Liabilities and Net Assets / Fund Balance$6,653,431$8,053,756▲ $1,400,325
Compensation and Service Providers

Employees

NameTitleOtherTotal
-Fiduciary$2,968,179$2,968,179
-Trustee$6,958$6,958

Highest Paid Contractors

ContractorServicesLocationCompensation
CignaContract Administration900 COTTAGE GROVE ROAD, Hartford, CT 06152$135,855
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$70,999,483
Investment Income
$465,951
Other Revenue
$0
Change in Net Assets
$375,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,745
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---$70,899,256
Fees for Services Other---$142,813
Fees for Services Accounting---$43,458
Fees for Service Investment Mgmnt Fees---$4,474
Total Functional Expenses$0$0$0$71,090,001
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 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
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

Filer Name
Hallmark Employee Benefit Trusts Commerce
EIN
43-6275603
Phone
8162743062
Address
PO BOX 419480 ATTN TAX 330, KANSAS CITY, MO 64141

Signing Officer

Name
Stephen Collins
Title
Tax Officer
Phone
8162743062
Signed
2020-11-16

Organization Details

Formed
1985
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

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 is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML Appendix340 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY THE PLAN SPONSOR'S TAX DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
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IRS990/TotalAssetsBOYAmt06653431
IRS990/TotalAssetsEOYAmt08053756
IRS990/TotalAssetsGrp/BOYAmt06653431
IRS990/TotalAssetsGrp/EOYAmt08053756
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt071090001
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023335
IRS990/TotalLiabilitiesEOYAmt0172399
IRS990/TotalLiabilitiesGrp/BOYAmt023335
IRS990/TotalLiabilitiesGrp/EOYAmt0172399
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06630096
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07881357
IRS990/TotalOtherCompensationAmt06958
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt070999483
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0368321
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt071097113
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071465434
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06653431
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08053756
IRS990/TotReportableCompRltdOrgAmt02968179
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 419480 Attn Tax 330
IRS990/USAddress/CityNm0Kansas City
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064141
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-01-07 14:23:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen Collins
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Tax Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum08162743062
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HALLMARK EMPLOYEE BENEFIT TRUSTS COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0HALL
ReturnHeader/Filer/EIN0436275603
ReturnHeader/Filer/PhoneNum08162743062
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 419480 ATTN TAX 330
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064141
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.225.61.57
ReturnHeader/ReturnTs02020-11-16T12:19:13-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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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
2019Detailed filing. Detailed filing data is available for this year.$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