Civic Intelligence

Intelecom Post Retirement Health Care

990 • Fiscal year 2021 • EIN 45-6458516

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 08, 2021

PO Box 0634Milwaukee, WI 53201-0634

(949) 224-7204

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2021 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.00x

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

2021 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2021

Net Margin

88th percentile

54%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

65th percentile

$2,495

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2021 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2021

Asset Growth

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

2021 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

408%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$639,182

Up $75,947 (+13%) from 2020

Net Assets

Up

$639,182

Up $75,947 (+13%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$140,043

Up $112,454 (+408%) from 2020

Expenses

Up

$64,089

Up $61,168 (+2094%) from 2020

Net Income

Up

$75,954

Up $51,286 (+208%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $420,359Liabilities 2013: $0Net Assets 2013: $420,3592013Assets 2014: $491,590Liabilities 2014: $0Net Assets 2014: $491,5902014Assets 2015: $503,302Liabilities 2015: $0Net Assets 2015: $503,3022015Assets 2016: $502,443Liabilities 2016: $0Net Assets 2016: $502,4432016Assets 2017: $523,236Liabilities 2017: $0Net Assets 2017: $523,2362017Assets 2018: $528,206Liabilities 2018: $0Net Assets 2018: $528,2062018Assets 2019: $538,567Liabilities 2019: $0Net Assets 2019: $538,5672019Assets 2020: $563,235Liabilities 2020: $0Net Assets 2020: $563,2352020Assets 2021: $639,182Liabilities 2021: $0Net Assets 2021: $639,1822021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$639,182
Liabilities$0
Net Assets$639,182

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2013: $31,128Expenses 2013: $1,994Net Income 2013: $29,1342013Revenue 2014: $44,193Expenses 2014: $2,246Net Income 2014: $41,9472014Revenue 2015: $47,022Expenses 2015: $2,559Net Income 2015: $44,4632015Revenue 2016: $25,368Expenses 2016: $2,574Net Income 2016: $22,7942016Revenue 2017: $28,441Expenses 2017: $2,658Net Income 2017: $25,7832017Revenue 2018: $30,100Expenses 2018: $25,130Net Income 2018: $4,9702018Revenue 2019: $36,871Expenses 2019: $26,491Net Income 2019: $10,3802019Revenue 2020: $27,589Expenses 2020: $2,921Net Income 2020: $24,6682020Revenue 2021: $140,043Expenses 2021: $64,089Net Income 2021: $75,9542021Revenue 2022: $159Expenses 2022: $639,340Net Income 2022: -$639,1812022

Highlighted filing

2021

Revenue$140,043
Expenses$64,089
Net Income$75,954
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$806,293
Mission and Program Overview

Mission

To provide welfare benefits to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$23,487$639,182▲ $615,695
Cap Stk Tr Prin Current Funds$563,235$639,182▲ $75,947
Investments in Publicly Traded Securities$539,748--
Total Assets$563,235$639,182▲ $75,947
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$563,235$639,182▲ $75,947
Total Liabilities and Net Assets / Fund Balance$563,235$639,182▲ $75,947
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$2,495$2,495
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$140,043
Other Revenue
$0
Change in Net Assets
$75,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,596
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$61,493--$61,493
Fees for Services Management$2,495--$2,495
Other Expenses$101--$101
Total Functional Expenses$64,089$0$0$64,089
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11-description of Process for Review

The trustee provides a copy of form 990 to the organization for review for accuracy and reasonableness. When approved, the return is signed and filed.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statments are available upon request.

Form 990, Page 7, Part VII, Section A

NONE

Filing and Contact Details

Filer

Filer Name
Parsintelecom Veba
EIN
45-6458516
Phone
9492247204
Address
PO BOX 0634, MILWAUKEE, WI 53201-0634

Signing Officer

Name
U S Bank N a by
Title
Trustee
Phone
9492247204
Signed
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Wa
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
301 GRANT STREET 45TH FLOOR, PITTSBURGH, PA 15219
Preparer
Allison J Valenty
Phone
4123556000
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2

There were no changes in the way the audit committee conducted business during the current year.

EXPLANATION FOR FORM 990, PAGE 12, PART XII, LINE 3B

The veba's financial statements are audited on a consolidated basis with another veba.

Explanation for Form 990, Part XI, Line 9

ROUNDING (7)

Raw XML Appendix234 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
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE WELFARE BENEFITS TO MEMBERS
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt061493
IRS990/BenefitsToMembersGrp/TotalAmt061493
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0US BANK NA
IRS990/BooksInCareOfDetail/PhoneNum09492247204
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03121 MICHELSON DR 3RD FL
IRS990/BooksInCareOfDetail/USAddress/CityNm0IRVINE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092612
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/ChangeToOrgDocumentsInd0false
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IRS990/CompensationFromOtherSrcsInd0false
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IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0140043
IRS990/CYOtherExpensesAmt02596
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt075954
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt064089
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0140043
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/Desc0THE PRIMARY EXEMPT PURPOSE FOR THIS PLAN DURING THE YEAR WAS TO FUND WELFARE BENEFITS FOR ITS MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
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IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0US BANK NA
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02495
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
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IRS990/FSAuditedInd0true
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IRS990/GainOrLossGrp/SecuritiesAmt0127973
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0794223
IRS990/GrossReceiptsAmt0806293
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt012070
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012070
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0539748
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0666250
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE WELFARE BENEFITS TO MEMBERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0563235
IRS990/NetAssetsOrFundBalancesEOYAmt0639182
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-7
IRS990/OtherExpensesGrp/Desc0FOREIGN TAX WITHHELD
IRS990/OtherExpensesGrp/ProgramServicesAmt0101
IRS990/OtherExpensesGrp/TotalAmt0101
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PLAN CONTRIBUTIONS
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027589
IRS990/PYOtherExpensesAmt0124
IRS990/PYRevenuesLessExpensesAmt024668
IRS990/PYSalariesCompEmpBnftPaidAmt02797
IRS990/PYTotalExpensesAmt02921
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt075954
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023487
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0639182
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE PROVIDES A COPY OF FORM 990 TO THE ORGANIZATION FOR REVIEW FOR ACCURACY AND REASONABLENESS. WHEN APPROVED, THE RETURN IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE WERE NO CHANGES IN THE WAY THE AUDIT COMMITTEE CONDUCTED BUSINESS DURING THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE VEBA'S FINANCIAL STATEMENTS ARE AUDITED ON A CONSOLIDATED BASIS WITH ANOTHER VEBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING (7)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 7, PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PAGE 12, PART XII, LINE 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
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ReturnHeader/Filer/EIN0456458516
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ReturnHeader/PreparerPersonGrp/PhoneNum04123556000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLISON J VALENTY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-11T12:00:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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