Civic Intelligence

Stable Value Investment Association Inc

990 • Fiscal year 2016 • EIN 52-1695387

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

1025 Connecticut Ave NW No 1000Washington, DC 20036

(202) 580-7620

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.50x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.46x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

47th percentile

2.5%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

97th percentile

$449,438

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 40.9% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-0.7%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-1.7%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,013,703

Down $7,585 (-0.7%) from 2015

Net Assets

Up

$510,185

Up $27,559 (+5.7%) from 2015

Liabilities

Down

$503,518

Down $35,144 (-6.5%) from 2015

Revenue

Down

$1,099,226

Down $18,601 (-1.7%) from 2015

Expenses

Down

$1,071,667

Down $92,756 (-8.0%) from 2015

Net Income

Up

$27,559

Up $74,155 (+159%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $421,904Liabilities 2010: $227,110Net Assets 2010: $194,7942010Assets 2011: $631,538Liabilities 2011: $400,023Net Assets 2011: $231,5152011Assets 2012: $819,923Liabilities 2012: $484,618Net Assets 2012: $335,3052012Assets 2013: $1,008,504Liabilities 2013: $569,887Net Assets 2013: $438,6172013Assets 2014: $1,204,368Liabilities 2014: $675,146Net Assets 2014: $529,2222014Assets 2015: $1,021,288Liabilities 2015: $538,662Net Assets 2015: $482,6262015Assets 2016: $1,013,703Liabilities 2016: $503,518Net Assets 2016: $510,1852016Assets 2017: $1,148,273Liabilities 2017: $534,712Net Assets 2017: $613,5612017Assets 2018: $1,138,809Liabilities 2018: $486,055Net Assets 2018: $652,7542018Assets 2019: $1,103,865Liabilities 2019: $398,263Net Assets 2019: $705,6022019Assets 2020: $1,031,789Liabilities 2020: $412,863Net Assets 2020: $618,9262020Assets 2021: $1,094,024Liabilities 2021: $478,367Net Assets 2021: $615,6572021Assets 2022: $1,038,178Liabilities 2022: $421,711Net Assets 2022: $616,4672022Assets 2023: $1,214,333Liabilities 2023: $367,925Net Assets 2023: $846,4082023Assets 2024: $1,553,494Liabilities 2024: $442,122Net Assets 2024: $1,111,3722024

Highlighted filing

2016

Assets$1,013,703
Liabilities$503,518
Net Assets$510,185

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $897,9292010Revenue 2011: $1,041,108Expenses 2011: $1,004,387Net Income 2011: $36,7212011Expenses 2012: $951,4232012Revenue 2013: $1,099,433Expenses 2013: $996,121Net Income 2013: $103,3122013Revenue 2014: $1,131,067Expenses 2014: $1,040,462Net Income 2014: $90,6052014Revenue 2015: $1,117,827Expenses 2015: $1,164,423Net Income 2015: -$46,5962015Revenue 2016: $1,099,226Expenses 2016: $1,071,667Net Income 2016: $27,5592016Revenue 2017: $1,110,062Expenses 2017: $1,006,687Net Income 2017: $103,3752017Revenue 2018: $1,171,307Expenses 2018: $1,132,114Net Income 2018: $39,1932018Revenue 2019: $1,122,414Expenses 2019: $1,069,566Net Income 2019: $52,8482019Revenue 2020: $772,888Expenses 2020: $859,564Net Income 2020: -$86,6762020Revenue 2021: $905,032Expenses 2021: $908,301Net Income 2021: -$3,2692021Revenue 2022: $1,018,983Expenses 2022: $1,018,173Net Income 2022: $8102022Revenue 2023: $1,218,527Expenses 2023: $988,374Net Income 2023: $230,1532023Revenue 2024: $1,330,649Expenses 2024: $1,065,897Net Income 2024: $264,7522024

Highlighted filing

2016

Revenue$1,099,226
Expenses$1,071,667
Net Income$27,559
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$1,099,226
Mission and Program Overview

Mission

The svia is dedicated to educating the public and policy makers on the need to save and invest for retirement and the role that stable value can play in achieving a financially secure retirement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$834,764$862,468▲ $27,704
Cash and Non-Interest-Bearing Accounts$101,156$63,289▼ $37,867
Prepaid Expenses and Deferred Charges$37,132$28,213▼ $8,919
Land, Buildings, and Equipment, Net$4,836$3,253▼ $1,583
Accounts Receivable$0$80▲ $80
Total Assets$1,021,288$1,013,703▼ $7,585
Other Assets Total$43,400$56,400▲ $13,000
Liabilities
Deferred Revenue$479,160$434,651▼ $44,509
Accounts Payable and Accrued Expenses$59,502$68,867▲ $9,365
Total Liabilities$538,662$503,518▼ $35,144
Net Assets / Fund Balance
Unrestricted Net Assets$482,626$510,185▲ $27,559
Total Net Assets Fund Balance$482,626$510,185▲ $27,559
Total Liabilities and Net Assets / Fund Balance$1,021,288$1,013,703▼ $7,585

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,253$10,408$13,661
Other Assets Org$56,400--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gina MitchellPresidentFT$330,000$119,438$449,438

Board Members and Trustees

NameTitle
Sue GraefBd Mber, Chair Comm. Data/research
Helen NapoliBd Mber, Co-chair Comm. Govt Rel.
Nick GageBd Mber, Co-chair Comm. Govt Rel.
Stephen C KolocotronisBoard Member, Chairman
James KingBoard Member, Past Chairman
Brett GormanBoard Member
Gary WardBoard Member
Joseph FazzinoBoard Member
Keith WatsonBoard Member
Robert MadoreBoard Member
Russell SmithBoard Member
Thomas SchusterBoard Member
Aruna HobbsBoard Member, Co-sec/treas
Leann BickelBoard Member, Co-sec/treas
Bradie BarrBd Mber, CHR Comm Commun/educ.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,095,449
Investment Income
$3,745
Other Revenue
$32
Change in Net Assets
$27,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,099,226
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,099,226
Total Revenue per Form 990
$1,099,226
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$607,823
Other Expenses$463,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$449,438
Conferences and Meetings---$277,650
Other Salaries and Wages---$118,790
Office Expenses---$55,092
Occupancy---$40,158
Fees for Services Accounting---$38,863
Fees for Services Other---$22,728
Payroll Taxes---$22,110
Travel---$20,987
Other Employee Benefits---$12,177
Pension Plan Contributions---$5,308
Insurance---$4,658
Depreciation Depletion---$1,583
Information Technology---$1,222
Fees for Services Legal---$903
Total Functional Expenses$0$0$0$1,071,667

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,071,667
Total Expenses per Audited Statements$1,071,667
Total Expenses per Form 990$1,071,667
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 6

There are three types of members: plan sponsor firms, individuals representing employers sponsoring a defined contribution plan; service firm members, individuals from companies that provide services to plan sponsors; value program members are individuals from companies that contribute up to $15,000 for more visibility in the association and/or sponsorship of specific association initiatives. Value program members has three incremental levels: $5,000 or $10,000 or $15,000.

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

Each firm has one voting member who votes on behalf of the firm for candidates for the board of directors and/or policy positions.

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

Members must vote/elect the board of directors. Every year one third of the board is up for election since board members serve staggered, three-year terms. Additionally, any change to the association bylaws requires a formal vote by the members.

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

Form 990 is prepared by an accounting firm and the draft return is reviewed by management. After management review, draft form 990 is reviewed by the treasurer and board subcommittee on finance. The subcommittee approves or requires changes to the draft form 990 to make it accurate. Once the subcommittee and treasurer approve the form 990, it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Members of the board have a duty to disclose to the board the presence of any conflicts that have arisen or that they reasonably believe might arise between their responsibilities as board members of the association and their corporate or personal interests. Similarly, directors have a duty to disclose to the board the appearance of a conflict of interest. The board member must disclose the presence of such conflict of interest, or appearance of conflict of interest, to the chairperson of the board, the secretary, and association president as soon as he or she has reason to believe that such a circumstance exists. The disclosure of the presence of such conflict of interest, or appearance of conflict of interest, shall be recorded in the board's minutes. Members have a duty to recuse themselves from participating in discussion or decision-making on matters in which they are conflicted as described above. Any director or association member with a concern or question about the applicable provisions of the code of conduct (which houses the conflict of interest policy) should contact the chairperson of the board, the secretary, or president of the association. Such persons shall also be responsible for putting the concern or question to the board. The board of directors is responsible for enforcing the applicable provisions of the code. Violation of svia's code of conduct can result in removal from the association's board of directors under the terms and conditions set forth in the association's by-laws.

Form 990, Part VI, Section B, Line 15A

The executive commmittee does an annual evaluation of the president's compensation, which is based on the achievement of the association's yearly goals and objectives. These goals are ranked and the individual is rated by the committee. Compensation is determined based on this rating and/or ranking. The organization also consults with compensation surveys and reviews 990s compensation for similar organizations when evalutating and determining compensation. The most recent data from 990s was used to evaluate compensation. That was 2013 from guidestar.

Form 990, Part VI, Section C, Line 18

Governing documents and conflict of interest policy are posted on the association's website. Financial statements are available upon request.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest policy are posted on the association's website. Financial statements are available upon request.

Part VI, Section A, Line 1

Executive committee - the directors may elect or appoint an executive committee. Except for the power to amend the articles of incorporation and bylaws, the executive committee shall have all the powers and authority of the board of directors in the intervals between meetings of the board of directors, and is subject to the direction and control of the board. Executive committee is composed of treasurer, chairman of the board, and chairs of committees: data & research, communications & education, government relations, and events.

Filing and Contact Details

Filer

Filer Name
Stable Value Investment Association
EIN
52-1695387
Phone
2025807620
Address
1025 CONNECTICUT AVE NW NO 1000, WASHINGTON, DC 20036

Signing Officer

Name
Gina Mitchell
Title
President
Phone
2025807620
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Mitchell
Formed
1990
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
13

Preparer

Firm
Rubino and Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 1200, BETHESDA, MD 20817-1818
Preparer
PATRICIA A O'MALLEY CPA
Phone
3015643636
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Svia has an board committee that oversees the audit and the selection of the audit firm. The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The association is exempt from income taxes on its exempt activities under section 501(c)(6) of the internal revenue code. The association is not aware of any activities that would jeopardize its tax-exempted status. While generally exempt from tax, the association is subject to tax on net income generated by unrelated business income activities as provided for under applicable income tax law. The association is not aware of any activities that are subject to tax on unrelated business income or excise or other taxes.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER, CO-SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER, PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER, CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BD MBER, CHR COMM COMMUN/EDUC.
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BD MBER, CO-CHAIR COMM. GOVT REL.
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER, CO-SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01099226
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InsuranceGrp/TotalAmt04658
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03745
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt03253
IRS990/LandBldgEquipCostOrOtherBssAmt013661
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SVIA IS DEDICATED TO EDUCATING THE PUBLIC AND POLICY MAKERS ON THE NEED TO SAVE AND INVEST FOR RETIREMENT AND THE ROLE THAT STABLE VALUE CAN PLAY IN ACHIEVING A FINANCIALLY SECURE RETIREMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0482626
IRS990/NetAssetsOrFundBalancesEOYAmt0510185
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt040158
IRS990/OfficeExpensesGrp/TotalAmt055092
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt043400
IRS990/OtherAssetsTotalGrp/EOYAmt056400
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012177
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032
IRS990/OtherRevenueTotalAmt032
IRS990/OtherSalariesAndWagesGrp/TotalAmt0118790
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt022110
IRS990/PensionPlanContributionsGrp/TotalAmt05308
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037132
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028213
IRS990/PrincipalOfficerNm0GINA MITCHELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0813920
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0659739
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1435710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0659739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1435710
IRS990/ProgSrvcAccomActy2Grp/Desc0NATIONAL FORUM: ANNUAL MEMBERSHIP AND NATIONAL FORUM MEETING THAT FOCUSES ON POLICY INITIATIVES AFFECTING DEFINED CONTRIBUTION PLAN RETIREMENT SAVINGS AND STABLE VALUE FUNDS AS AN INVESTMENT VEHICLE IN DEFINED CONTRIBUTION PLANS. THE FALL FORUM FOCUSES ON POLICY AND REGULATORY ISSUES THAT AFFECT RETIREMENT SAVINGS AND INVESTING AS WELL AS STABLE VALUE FUNDS.
IRS990/ProgSrvcAccomActy3Grp/Desc0GOVERNMENT RELATIONS: EDUCATE POLICYMAKERS ON THE IMPORTANCE OF RETIREMENT SAVINGS AND THE ROLE THAT STABLE VALUE PLAYS IN ACHIEVING RETIREMENT INCOME SECURITY GOALS FOR PLAN PARTICIPANTS AND THEIR BENEFICIARIES. THIS INCLUDED PARTNERING WITH THE DOL, CFTC, SEC, RELEVANT CONGRESSIONAL COMMITTEES ON A HOST OF RETIREMENT/INVESTMENT INCLUDING CFTC-SEC STUDY OF STABLE VALUE, DOL PROPOSED FIDUCIARY RULES, FASB ACCOUNT REPORTING FOR STABLE VALUE FUNDS AND EXPANDING DC COVERAGE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PUBLIC RELATIONS: GENERAL EDUCATION, MEETINGS, MATERIALS, AND WEBSITE THAT PROVIDE INFORMATION ON CURRENT ISSUES IN STABLE VALUE FUNDS AND HOW STABLE VALUE FUNDS CAN BE USED TO BETTER SAVE AND INVEST FOR RETIREMENT. SVIA ALSO EXPLAINED HOW STABLE VALUE CAN BE USED DURING RETIREMENT TO PROVIDE ANNUITY LIKE INCOME.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1STABLE TIMES: SVIA'S BIANNUAL NEWSLETTER THAT HIGHLIGHTS ASSOCIATION ACTIVITIES, SURVEYS, AS WELL AS CONFERENCES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04304
IRS990/PYOtherExpensesAmt0611096
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01113523
IRS990/PYRevenuesLessExpensesAmt0-46596
IRS990/PYSalariesCompEmpBnftPaidAmt0553327
IRS990/PYTotalExpensesAmt01164423
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01117827
IRS990/ReconcilationRevenueExpnssAmt027559
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0834764
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0862468
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01071667
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt056400
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03253
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010408
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013661
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01099226
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPTED STATUS. WHILE GENERALLY EXEMPT FROM TAX, THE ASSOCIATION IS SUBJECT TO TAX ON NET INCOME GENERATED BY UNRELATED BUSINESS INCOME ACTIVITIES AS PROVIDED FOR UNDER APPLICABLE INCOME TAX LAW. THE ASSOCIATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03253
IRS990ScheduleD/TotalBookValueOtherAssetsAmt056400
IRS990ScheduleD/TotalExpensesPerForm990Amt01071667
IRS990ScheduleD/TotalRevenuePerForm990Amt01099226
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01099226
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01071667
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0330000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount070000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt030888
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GINA MITCHELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0449438
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE THREE TYPES OF MEMBERS: PLAN SPONSOR FIRMS, INDIVIDUALS REPRESENTING EMPLOYERS SPONSORING A DEFINED CONTRIBUTION PLAN; SERVICE FIRM MEMBERS, INDIVIDUALS FROM COMPANIES THAT PROVIDE SERVICES TO PLAN SPONSORS; VALUE PROGRAM MEMBERS ARE INDIVIDUALS FROM COMPANIES THAT CONTRIBUTE UP TO $15,000 FOR MORE VISIBILITY IN THE ASSOCIATION AND/OR SPONSORSHIP OF SPECIFIC ASSOCIATION INITIATIVES. VALUE PROGRAM MEMBERS HAS THREE INCREMENTAL LEVELS: $5,000 OR $10,000 OR $15,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH FIRM HAS ONE VOTING MEMBER WHO VOTES ON BEHALF OF THE FIRM FOR CANDIDATES FOR THE BOARD OF DIRECTORS AND/OR POLICY POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS MUST VOTE/ELECT THE BOARD OF DIRECTORS. EVERY YEAR ONE THIRD OF THE BOARD IS UP FOR ELECTION SINCE BOARD MEMBERS SERVE STAGGERED, THREE-YEAR TERMS. ADDITIONALLY, ANY CHANGE TO THE ASSOCIATION BYLAWS REQUIRES A FORMAL VOTE BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PREPARED BY AN ACCOUNTING FIRM AND THE DRAFT RETURN IS REVIEWED BY MANAGEMENT. AFTER MANAGEMENT REVIEW, DRAFT FORM 990 IS REVIEWED BY THE TREASURER AND BOARD SUBCOMMITTEE ON FINANCE. THE SUBCOMMITTEE APPROVES OR REQUIRES CHANGES TO THE DRAFT FORM 990 TO MAKE IT ACCURATE. ONCE THE SUBCOMMITTEE AND TREASURER APPROVE THE FORM 990, IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE BOARD HAVE A DUTY TO DISCLOSE TO THE BOARD THE PRESENCE OF ANY CONFLICTS THAT HAVE ARISEN OR THAT THEY REASONABLY BELIEVE MIGHT ARISE BETWEEN THEIR RESPONSIBILITIES AS BOARD MEMBERS OF THE ASSOCIATION AND THEIR CORPORATE OR PERSONAL INTERESTS. SIMILARLY, DIRECTORS HAVE A DUTY TO DISCLOSE TO THE BOARD THE APPEARANCE OF A CONFLICT OF INTEREST. THE BOARD MEMBER MUST DISCLOSE THE PRESENCE OF SUCH CONFLICT OF INTEREST, OR APPEARANCE OF CONFLICT OF INTEREST, TO THE CHAIRPERSON OF THE BOARD, THE SECRETARY, AND ASSOCIATION PRESIDENT AS SOON AS HE OR SHE HAS REASON TO BELIEVE THAT SUCH A CIRCUMSTANCE EXISTS. THE DISCLOSURE OF THE PRESENCE OF SUCH CONFLICT OF INTEREST, OR APPEARANCE OF CONFLICT OF INTEREST, SHALL BE RECORDED IN THE BOARD'S MINUTES. MEMBERS HAVE A DUTY TO RECUSE THEMSELVES FROM PARTICIPATING IN DISCUSSION OR DECISION-MAKING ON MATTERS IN WHICH THEY ARE CONFLICTED AS DESCRIBED ABOVE. ANY DIRECTOR OR ASSOCIATION MEMBER WITH A CONCERN OR QUESTION ABOUT THE APPLICABLE PROVISIONS OF THE CODE OF CONDUCT (WHICH HOUSES THE CONFLICT OF INTEREST POLICY) SHOULD CONTACT THE CHAIRPERSON OF THE BOARD, THE SECRETARY, OR PRESIDENT OF THE ASSOCIATION. SUCH PERSONS SHALL ALSO BE RESPONSIBLE FOR PUTTING THE CONCERN OR QUESTION TO THE BOARD. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ENFORCING THE APPLICABLE PROVISIONS OF THE CODE. VIOLATION OF SVIA'S CODE OF CONDUCT CAN RESULT IN REMOVAL FROM THE ASSOCIATION'S BOARD OF DIRECTORS UNDER THE TERMS AND CONDITIONS SET FORTH IN THE ASSOCIATION'S BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMMITTEE DOES AN ANNUAL EVALUATION OF THE PRESIDENT'S COMPENSATION, WHICH IS BASED ON THE ACHIEVEMENT OF THE ASSOCIATION'S YEARLY GOALS AND OBJECTIVES. THESE GOALS ARE RANKED AND THE INDIVIDUAL IS RATED BY THE COMMITTEE. COMPENSATION IS DETERMINED BASED ON THIS RATING AND/OR RANKING. THE ORGANIZATION ALSO CONSULTS WITH COMPENSATION SURVEYS AND REVIEWS 990S COMPENSATION FOR SIMILAR ORGANIZATIONS WHEN EVALUTATING AND DETERMINING COMPENSATION. THE MOST RECENT DATA FROM 990S WAS USED TO EVALUATE COMPENSATION. THAT WAS 2013 FROM GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE POSTED ON THE ASSOCIATION'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE POSTED ON THE ASSOCIATION'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SVIA HAS AN BOARD COMMITTEE THAT OVERSEES THE AUDIT AND THE SELECTION OF THE AUDIT FIRM. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EXECUTIVE COMMITTEE - THE DIRECTORS MAY ELECT OR APPOINT AN EXECUTIVE COMMITTEE. EXCEPT FOR THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, AND IS SUBJECT TO THE DIRECTION AND CONTROL OF THE BOARD. EXECUTIVE COMMITTEE IS COMPOSED OF TREASURER, CHAIRMAN OF THE BOARD, AND CHAIRS OF COMMITTEES: DATA & RESEARCH, COMMUNICATIONS & EDUCATION, GOVERNMENT RELATIONS, AND EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART VI, SECTION A, LINE 1
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01021288
IRS990/TotalAssetsEOYAmt01013703
IRS990/TotalAssetsGrp/BOYAmt01021288
IRS990/TotalAssetsGrp/EOYAmt01013703
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt01071667
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0538662
IRS990/TotalLiabilitiesEOYAmt0503518
IRS990/TotalLiabilitiesGrp/BOYAmt0538662
IRS990/TotalLiabilitiesGrp/EOYAmt0503518
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0482626
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0510185
IRS990/TotalOtherCompensationAmt049438
IRS990/TotalProgramServiceRevenueAmt01095449
IRS990/TotalReportableCompFromOrgAmt0400000
IRS990/TotalRevenueGrp/ExclusionAmt01099226
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01099226
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01021288
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01013703
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt020987
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0482626
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0510185

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.44$1.11$1.33$1.07$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.37$0.85$1.22$0.99$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.42$0.62$1.02$1.02$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.48$0.62$0.91$0.91$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.41$0.62$0.77$0.86$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.40$0.71$1.12$1.07$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.49$0.65$1.17$1.13$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.53$0.61$1.11$1.01$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.50$0.51$1.10$1.07$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.54$0.48$1.12$1.16$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.68$0.53$1.13$1.04$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.01$0.57$0.44$1.10$1.00$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.48$0.34$0.95
2011Summary only. Only limited summary data is available for this year.$0.63$0.40$0.23$1.04$1.00$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.23$0.19$0.90
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • $1M-$5M nonprofits