Civic Intelligence

Maryland Electrical Industry Health Fund

EIN 52-6038269 • 501(c)9 • Ona, WV

Profile

Provide medical & related benefits.

9200 US Route 60Ona, WV 25545-7417

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.03x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.05x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

91st percentile

24%

Faster asset growth than 91% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

16%

Faster revenue growth than 72% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$60,829,048

Up $11,746,865 (+24%) from 2023

Liabilities

Up

$1,746,656

Up $1,342,882 (+333%) from 2023

Net Assets

Up

$59,082,392

Up $10,403,983 (+21%) from 2023

Revenue

Up

$36,912,301

Up $4,881,551 (+15%) from 2023

Expenses

Up

$28,330,221

Up $388,093 (+1.4%) from 2023

Net Income

Up

$8,582,080

Up $4,493,458 (+110%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $31,783,986Liabilities 2010: $1,722,807Net Assets 2010: $30,061,1792010Assets 2011: $29,105,417Liabilities 2011: $174,669Net Assets 2011: $28,930,7482011Assets 2012: $27,781,057Liabilities 2012: $1,164,252Net Assets 2012: $26,616,8052012Assets 2013: $24,950,697Liabilities 2013: $390,018Net Assets 2013: $24,560,6792013Assets 2014: $22,600,539Liabilities 2014: $534,765Net Assets 2014: $22,065,7742014Assets 2015: $19,864,345Liabilities 2015: $333,609Net Assets 2015: $19,530,7362015Assets 2016: $17,178,011Liabilities 2016: $317,312Net Assets 2016: $16,860,6992016Assets 2017: $20,137,074Liabilities 2017: $210,811Net Assets 2017: $19,926,2632017Assets 2018: $24,520,095Liabilities 2018: $209,699Net Assets 2018: $24,310,3962018Assets 2019: $30,264,529Liabilities 2019: $179,577Net Assets 2019: $30,084,9522019Assets 2020: $33,096,648Liabilities 2020: $269,749Net Assets 2020: $32,826,8992020Assets 2021: $40,266,249Liabilities 2021: $247,158Net Assets 2021: $40,019,0912021Assets 2022: $43,132,397Liabilities 2022: $407,970Net Assets 2022: $42,724,4272022Assets 2023: $49,082,183Liabilities 2023: $403,774Net Assets 2023: $48,678,4092023Assets 2024: $60,829,048Liabilities 2024: $1,746,656Net Assets 2024: $59,082,3922024

Highlighted filing

2024

Assets$60,829,048
Liabilities$1,746,656
Net Assets$59,082,392

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $23,841,8222010Expenses 2011: $24,447,9112011Expenses 2012: $26,185,6032012Revenue 2013: $23,831,571Expenses 2013: $26,438,250Net Income 2013: -$2,606,6792013Revenue 2014: $22,231,257Expenses 2014: $24,691,165Net Income 2014: -$2,459,9082014Revenue 2015: $23,793,526Expenses 2015: $25,689,042Net Income 2015: -$1,895,5162015Revenue 2016: $26,017,583Expenses 2016: $28,955,773Net Income 2016: -$2,938,1902016Revenue 2017: $28,498,944Expenses 2017: $26,456,767Net Income 2017: $2,042,1772017Revenue 2018: $31,917,886Expenses 2018: $27,152,458Net Income 2018: $4,765,4282018Revenue 2019: $31,830,251Expenses 2019: $27,109,552Net Income 2019: $4,720,6992019Revenue 2020: $31,067,130Expenses 2020: $29,461,721Net Income 2020: $1,605,4092020Revenue 2021: $31,689,960Expenses 2021: $25,000,934Net Income 2021: $6,689,0262021Revenue 2022: $33,839,234Expenses 2022: $28,336,527Net Income 2022: $5,502,7072022Revenue 2023: $32,030,750Expenses 2023: $27,942,128Net Income 2023: $4,088,6222023Revenue 2024: $36,912,301Expenses 2024: $28,330,221Net Income 2024: $8,582,0802024

Highlighted filing

2024

Revenue$36,912,301
Expenses$28,330,221
Net Income$8,582,080

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.8$1.75$59.1$36.9$28.3$8.58
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.1$0.40$48.7$32.0$27.9$4.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.1$0.41$42.7$33.8$28.3$5.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.3$0.25$40.0$31.7$25.0$6.69
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.1$0.27$32.8$31.1$29.5$1.61
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$0.18$30.1$31.8$27.1$4.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$0.21$24.3$31.9$27.2$4.77
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$0.21$19.9$28.5$26.5$2.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$0.32$16.9$26.0$29.0$2.94
2015Summary only. Only limited summary data is available for this year.$19.9$0.33$19.5$23.8$25.7$1.90
2014Detailed filing. Detailed filing data is available for this year.$22.6$0.53$22.1$22.2$24.7$2.46
2013Summary only. Only limited summary data is available for this year.$25.0$0.39$24.6$23.8$26.4$2.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$1.16$26.6$26.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$0.17$28.9$24.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.8$1.72$30.1$23.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$43,265,309
Mission and Program Overview

Mission

Provide health and related benefits to participants and beneficiaries.

To provide health and welfare benefits to participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$48,678,409$59,082,392▲ $10,403,983
Investments in Publicly Traded Securities$32,633,363$45,383,439▲ $12,750,076
Cash and Non-Interest-Bearing Accounts$12,516,705$10,946,694▼ $1,570,011
Accounts Receivable$3,932,115$4,498,915▲ $566,800
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$49,082,183$60,829,048▲ $11,746,865
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$1,379,824▲ $1,379,824
Accounts Payable and Accrued Expenses$403,774$366,832▼ $36,942
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$403,774$1,746,656▲ $1,342,882
Net Assets / Fund Balance
Total Net Assets Fund Balance$48,678,409$59,082,392▲ $10,403,983
Total Liabilities and Net Assets / Fund Balance$49,082,183$60,829,048▲ $11,746,865
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alfred F Aus JrEmpl.trustee - Eff. 01/12/2024
James H CorneliusEmployer Trustee
Jeffrey AsheEmployer Trustee
Ronald N Michael IIIEmployer Trustee
William F Yull IVEmployer Trustee
Carmen F VosoUnion Trustee
Charles S CurreriUnion Trustee
Jerome T MillerUnion Trustee
Michael J McHaleUnion Trustee
Rodney E RiceUnion Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
American Benefit CorporationAdministrator9200 US Route 60, Ona, WV 25545$756,982
ZelisMedical Claims2 CROSSROADS DR, Bedminster, NJ 07921$266,053
Ncascfa LccAdministrator1501 S Clinton Street 7th Floor, Baltimore, MD 21224$224,360
Zenith American SolutionsAdministrator6710 Oxon Hill Rd, Oxon Hill, MD 20745$210,208
American Health HoldingMedical Review7400 WEST CAMPUS RD, New Albany, OH 43054$168,251
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,755,917
Investment Income
$1,156,267
Other Revenue
$117
Change in Net Assets
$8,582,080

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,864,333
Revenue Not Reported on Financial Statements
$47,968
Revenue Not Reported on Form 990
$1,821,903
Total Revenue per Audited Statements
$38,686,236
Total Revenue per Form 990
$36,912,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,205,551
Salaries, Compensation, and Employee Benefits$54,284
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$26,070,386
Fees for Services Other---$947,550
Fees for Services Management---$843,010
Office Expenses---$219,948
Fees for Services Legal---$88,781
Payroll Taxes---$54,284
Fees for Service Investment Mgmnt Fees---$47,968
Fees for Services Accounting---$24,967
Conferences and Meetings---$10,221
Other Expenses---$2,610
Total Functional Expenses$0$0$0$28,330,221

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,330,221
Expenses per Audited Statements$28,282,253
Total Expenses per Audited Statements$28,282,253
Expenses Not Reported on Financial Statements$47,968
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Funds$1,220,144
Amounts Due Other Plans Under Reciprocal Agreements$159,680
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3::

The fund has delegated control over management duties to an independent third party administrator. The administrator processes the daily transaction and performs other duties as needed for the fund.

FORM 990, PART VI, SECTION A, LINE 8B:

There are no committees with the authority to act on behalf of the governing body. All decisions and actions are made by the board of trustees.

FORM 990, PART VI, SECTION B, LINE 11B:

The form 990 is provided to all members of the board prior to filing.

FORM 990, PART VI, SECTION B, LINE 12C:

On an annual basis, all board members review the conflict of interest policy and acknowledge any potential conflict of interest.

FORM 990, PART VI, SECTION C, LINE 19:

The fund's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Maryland Electrical Industry Health Fund
EIN
52-6038269
In Care Of
% AMERICAN BENEFIT CORPORATION
Phone
3045250331
Address
9200 US ROUTE 60, ONA, WV 25545-7417

Signing Officer

Name
Michael J Mchale
Title
Trustee
Phone
3045250331
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Mchale
Formed
1961
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
10
Employees
77
Volunteers
0

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Israel Tannenbaum
Phone
2127519100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles in the united states of america require plan management to evaluate tax positions taken by the plan and recognize an income tax liability if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. Management has evaluated the tax positions taken by the plan and concluded that as of december 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any taxing periods. In addition, there have been no tax-related interest or penalties for the periods presented in these financial statements.

Raw XML AppendixShowing 400 of 641 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0403774
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0366832
IRS990/AccountsReceivableGrp/BOYAmt03932115
IRS990/AccountsReceivableGrp/EOYAmt04498915
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt026070386
IRS990/BooksInCareOfDetail/PersonNm0AMERICAN BENEFIT CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum03045250331
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09200 US ROUTE 60
IRS990/BooksInCareOfDetail/USAddress/CityNm0ONA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0255457417
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt048678409
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt059082392
IRS990/CashNonInterestBearingGrp/BOYAmt012516705
IRS990/CashNonInterestBearingGrp/EOYAmt010946694
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt010221
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0756982
IRS990/ContractorCompensationGrp/CompensationAmt1266053
IRS990/ContractorCompensationGrp/CompensationAmt2224360
IRS990/ContractorCompensationGrp/CompensationAmt3210208
IRS990/ContractorCompensationGrp/CompensationAmt4168251
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt09200 US Route 60
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12 CROSSROADS DR
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt36710 Oxon Hill Rd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt47400 WEST CAMPUS RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ONA
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2BALTIMORE
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WV
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd025545
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd221224
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd443054
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IRS990/ContractorCompensationGrp/ContractorName/PersonNm1Zelis
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2NCASCFA LCC
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IRS990/ContractorCompensationGrp/ContractorName/PersonNm4American Health Holding
IRS990/ContractorCompensationGrp/ServicesDesc0ADMINISTRATOR
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IRS990/ContractorCompensationGrp/ServicesDesc2ADMINISTRATOR
IRS990/ContractorCompensationGrp/ServicesDesc3ADMINISTRATOR
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IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt026070386
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYSalariesCompEmpBnftPaidAmt054284
IRS990/CYTotalExpensesAmt028330221
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt036912301
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
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IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE FUND EXISTS TO PAY MEDICAL, DENTAL, PRESCRIPTION DRUG AND DEATH BENEFITS TO PARTICIPATING MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
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IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt077
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt024967
IRS990/FeesForServicesLegalGrp/TotalAmt088781
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt0843010
IRS990/FeesForServicesOtherGrp/TotalAmt0947550
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt047968
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt08.0
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IRS990/Form990PartVIISectionAGrp/PersonNm0Alfred F Aus Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Carmen F Voso
IRS990/Form990PartVIISectionAGrp/PersonNm2Charles S Curreri
IRS990/Form990PartVIISectionAGrp/PersonNm3James H Cornelius
IRS990/Form990PartVIISectionAGrp/PersonNm4Jeffrey Ashe
IRS990/Form990PartVIISectionAGrp/PersonNm5Jerome T Miller
IRS990/Form990PartVIISectionAGrp/PersonNm6Michael J McHale
IRS990/Form990PartVIISectionAGrp/PersonNm7Rodney E Rice
IRS990/Form990PartVIISectionAGrp/PersonNm8Ronald N Michael III
IRS990/Form990PartVIISectionAGrp/PersonNm9William F Yull IV
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EMPL.TRUSTEE - EFF. 01/12/2024
IRS990/Form990PartVIISectionAGrp/TitleTxt1UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3EMPLOYER TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4EMPLOYER TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8EMPLOYER TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9EMPLOYER TRUSTEE
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO OTHER FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AMOUNTS DUE OTHER PLANS UNDER RECIPROCAL AGREEMENTS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE AN INCOME TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS EVALUATED THE TAX POSITIONS TAKEN BY THE PLAN AND CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAXING PERIODS. IN ADDITION, THERE HAVE BEEN NO TAX-RELATED INTEREST OR PENALTIES FOR THE PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalLiabilityAmt01379824
IRS990ScheduleD/TotalRevenuePerForm990Amt036912301
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt038686236
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028282253
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FUND HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES TO AN INDEPENDENT THIRD PARTY ADMINISTRATOR. THE ADMINISTRATOR PROCESSES THE DAILY TRANSACTION AND PERFORMS OTHER DUTIES AS NEEDED FOR THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. ALL DECISIONS AND ACTIONS ARE MADE BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON AN ANNUAL BASIS, ALL BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE ANY POTENTIAL CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FUND'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3::
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0AC POWER INC

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