Civic Intelligence

Patriot Retirees Voluntary Employees'

990 • Fiscal year 2018 • EIN 46-5643526

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

18354 Quantico Gateway Drive No 200Triangle, VA 22172

(703) 291-2428

Siviq Scores

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

Liabilities / Assets

56th percentile

0.02x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.00x

Higher debt load relative to revenue than 46% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$220,778

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Asset Growth

3rd percentile

-84%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-73%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$519,678

Down $2,821,784 (-84%) from 2017

Net Assets

Down

$510,599

Down $2,688,877 (-84%) from 2017

Liabilities

Down

$9,079

Down $132,907 (-94%) from 2017

Revenue

Down

$2,109,909

Down $5,644,021 (-73%) from 2017

Expenses

Down

$1,798,786

Down $486,957 (-21%) from 2017

Net Income

Down

$311,123

Down $5,157,064 (-94%) from 2017

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2015: $100,944,900Liabilities 2015: $8,750Net Assets 2015: $100,936,1502015Assets 2016: $45,931,289Liabilities 2016: $0Net Assets 2016: $45,931,2892016Assets 2017: $3,341,462Liabilities 2017: $141,986Net Assets 2017: $3,199,4762017Assets 2018: $519,678Liabilities 2018: $9,079Net Assets 2018: $510,5992018Assets 2019: $565,344Liabilities 2019: $26,458Net Assets 2019: $538,8862019Assets 2020: $550,120Liabilities 2020: $20,017Net Assets 2020: $530,1032020Assets 2021: $695,170Liabilities 2021: $7,524Net Assets 2021: $687,6462021Assets 2022: $958,641Liabilities 2022: $0Net Assets 2022: $958,6412022Assets 2023: $967,794Liabilities 2023: $0Net Assets 2023: $967,7942023Assets 2024: $1,092,406Liabilities 2024: $17,363Net Assets 2024: $1,075,0432024

Highlighted filing

2018

Assets$519,678
Liabilities$9,079
Net Assets$510,599

Operations Trend

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

$150M$100M$50M$0-$50M-$100MRevenue 2015: $93,094,002Expenses 2015: $91,807,233Net Income 2015: $1,286,7692015Revenue 2016: $63,979,514Expenses 2016: $118,984,375Net Income 2016: -$55,004,8612016Revenue 2017: $7,753,930Expenses 2017: $2,285,743Net Income 2017: $5,468,1872017Revenue 2018: $2,109,909Expenses 2018: $1,798,786Net Income 2018: $311,1232018Revenue 2019: $2,198,137Expenses 2019: $2,034,602Net Income 2019: $163,5352019Revenue 2020: $1,746,988Expenses 2020: $1,565,930Net Income 2020: $181,0582020Revenue 2021: $1,776,641Expenses 2021: $1,605,675Net Income 2021: $170,9662021Revenue 2022: $1,787,880Expenses 2022: $1,516,885Net Income 2022: $270,9952022Revenue 2023: $1,635,934Expenses 2023: $1,626,781Net Income 2023: $9,1532023Revenue 2024: $1,673,144Expenses 2024: $1,565,895Net Income 2024: $107,2492024

Highlighted filing

2018

Revenue$2,109,909
Expenses$1,798,786
Net Income$311,123
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$2,109,909
Mission and Program Overview

Mission

Provide health and welfare benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$3,199,476$510,599▼ $2,688,877
Savings and Temporary Cash Investments$3,281,244$486,829▼ $2,794,415
Cash and Non-Interest-Bearing Accounts$60,218$23,010▼ $37,208
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$3,341,462$519,678▼ $2,821,784
Other Assets Total$0$9,839▲ $9,839
Liabilities
Accounts Payable and Accrued Expenses$141,986$9,079▼ $132,907
Total Liabilities$141,986$9,079▼ $132,907
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,199,476$510,599▼ $2,688,877
Total Liabilities and Net Assets / Fund Balance$3,341,462$519,678▼ $2,821,784
Compensation and Service Providers

Employees

NameTitleOtherTotal
Micheal BucknerTrustee$24,000$24,000

Board Members and Trustees

NameTitle
Brian SansonChairman
Chuck DonnellyTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,107,720
Investment Income
$2,189
Other Revenue
$0
Change in Net Assets
$311,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,109,909
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,109,909
Total Revenue per Form 990
$2,109,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,326
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---$1,704,460
Fees for Services Management---$28,699
Fees for Services Other---$21,094
Insurance---$21,084
Fees for Services Accounting---$19,200
Fees for Services Legal---$480
Other Expenses---$107
Office Expenses---$20
Total Functional Expenses$0$0$0$1,798,786

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,798,786
Total Expenses per Audited Statements$1,798,786
Total Expenses per Form 990$1,798,786
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
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board of trustees does not have any committees.

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

The board of trustees reviews the form 990 prior to its filing with irs.

Form 990, Part VI, Section C, Line 19

The organizations form 990 and it's financial statements are available unpon request. The application for exemption will also be available upon request.

Filing and Contact Details

Filer

Filer Name
PATRIOT RETIREES VOLUNTARY EMPLOYEES'
EIN
46-5643526
Phone
7032912428
Address
18354 QUANTICO GATEWAY DRIVE NO 200, TRIANGLE, VA 22172

Signing Officer

Name
Brian Sanson
Title
Chairman
Phone
7032912428
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Sanson
Formed
2013
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Calibre CPA Group Pllc
Address
7501 WISCONSIN AVENUE SUITE 1200, WEST, BETHESDA, MD 20814
Preparer
Scott E Hallberg CPA
Phone
2023319880
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfers to united mine workers of america 1993 benefit plan pursuant to the continued health benefits for miners act -3,000,000.

Financial Statement Notes

PART X, LINE 2:

The veba accounts for income taxes in accordance with the accounting standards codification (asc) topic income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The veba performed an evaluation of uncertain tax positions for the year ended december 31, 2018 and determined that there were no matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of december 31, 2018 the statute of limitations for tax years 2015 through 2017 remains open with the u.s. Federal jurisdiction and the various states and local jurisdictions in which the department files returns.

Raw XML Appendix360 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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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE VEBA PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2018 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2018 THE STATUTE OF LIMITATIONS FOR TAX YEARS 2015 THROUGH 2017 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE DEPARTMENT FILES RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHUCK DONNELLY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES REVIEWS THE FORM 990 PRIOR TO ITS FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS FORM 990 AND IT'S FINANCIAL STATEMENTS ARE AVAILABLE UNPON REQUEST. THE APPLICATION FOR EXEMPTION WILL ALSO BE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRANSFERS TO UNITED MINE WORKERS OF AMERICA 1993 BENEFIT PLAN PURSUANT TO THE CONTINUED HEALTH BENEFITS FOR MINERS ACT -3,000,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BLACKHAWK MINING LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1ERP FEDERAL MINING COMPLEX LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2ALCOA CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNITED MINE WORKERS OF AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0530159200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt018354 QUANTICO GATEWAY DRIVE SUITE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TRIANGLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd022172
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/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03341462
IRS990/TotalAssetsEOYAmt0519678
IRS990/TotalAssetsGrp/BOYAmt03341462
IRS990/TotalAssetsGrp/EOYAmt0519678
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01798786
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0141986
IRS990/TotalLiabilitiesEOYAmt09079
IRS990/TotalLiabilitiesGrp/BOYAmt0141986
IRS990/TotalLiabilitiesGrp/EOYAmt09079
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03199476
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0510599
IRS990/TotalOtherCompensationAmt086548
IRS990/TotalProgramServiceRevenueAmt02107720
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02189
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02107720
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02109909
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03341462
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0519678
IRS990/TotReportableCompRltdOrgAmt0330137
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt018354 QUANTICO GATEWAY DRIVE NO 200
IRS990/USAddress/CityNm0TRIANGLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022172
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN SANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07032912428
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATRIOT RETIREES VOLUNTARY EMPLOYEES'
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BENEFICIARY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PATR
ReturnHeader/Filer/EIN0465643526
ReturnHeader/Filer/PhoneNum07032912428
ReturnHeader/Filer/USAddress/AddressLine1Txt018354 QUANTICO GATEWAY DRIVE NO 200
ReturnHeader/Filer/USAddress/CityNm0TRIANGLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022172
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AAC600C6407F438ED9881BB94AB08BDC6703F2AD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AAC600C6407F438ED9881BB94AB08BDC6703F2AD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.100.43.98
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:01:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470900880
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CALIBRE CPA GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07501 WISCONSIN AVENUE SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum02023319880
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT E HALLBERG CPA
ReturnHeader/ReturnTs02019-11-05T08:03:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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