Civic Intelligence

The Urban Institute Employee Benefit

EIN 52-6674346 • 501(c)9 • Washington, DC

Profile

The mission is to serve as the funding vehicle for benefits provided under the urban institute health plan.

500 Lenfant Plaza SWWashington, DC 20024

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

52nd percentile

0.00x

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

501(c)9 • $1M-$5M nonprofits • Source year 2022

Net Margin

16th percentile

-19%

Higher net margin than 16% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

94th percentile

$384,527

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

501(c)9 • $1M-$5M nonprofits • Source year 2022

Asset Growth

14th percentile

-100%

Faster asset growth than 14% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $994,642 (-100%) from 2021

Liabilities

Down

$0

Down $567,277 (-100%) from 2021

Net Assets

Down

$0

Down $427,365 (-100%) from 2021

Revenue

Up

$4,760,010

Up $528,091 (+12%) from 2021

Expenses

Up

$5,681,375

Up $908,147 (+19%) from 2021

Net Income

Down

-$921,365

Down $380,056 (-70%) from 2021

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,003,369Liabilities 2011: $228,730Net Assets 2011: $774,6392011Assets 2012: $1,401,244Liabilities 2012: $163,929Net Assets 2012: $1,237,3152012Assets 2013: $1,209,377Liabilities 2013: $398,440Net Assets 2013: $810,9372013Assets 2014: $962,262Liabilities 2014: $266,949Net Assets 2014: $695,3132014Assets 2015: $1,012,340Liabilities 2015: $376,554Net Assets 2015: $635,7862015Assets 2016: $1,300,757Liabilities 2016: $478,582Net Assets 2016: $822,1752016Assets 2017: $1,423,407Liabilities 2017: $232,126Net Assets 2017: $1,191,2812017Assets 2018: $1,599,998Liabilities 2018: $241,924Net Assets 2018: $1,358,0742018Assets 2019: $1,485,336Liabilities 2019: $358,822Net Assets 2019: $1,126,5142019Assets 2020: $1,542,088Liabilities 2020: $316,414Net Assets 2020: $1,225,6742020Assets 2021: $994,642Liabilities 2021: $567,277Net Assets 2021: $427,3652021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,747,937Expenses 2011: $1,778,235Net Income 2011: -$30,2982011Revenue 2012: $2,067,391Expenses 2012: $1,800,012Net Income 2012: $267,3792012Revenue 2013: $2,054,588Expenses 2013: $2,480,966Net Income 2013: -$426,3782013Revenue 2014: $2,628,298Expenses 2014: $2,743,922Net Income 2014: -$115,6242014Revenue 2015: $2,374,920Expenses 2015: $2,434,447Net Income 2015: -$59,5272015Revenue 2016: $2,974,207Expenses 2016: $2,747,818Net Income 2016: $226,3892016Revenue 2017: $2,905,392Expenses 2017: $2,698,286Net Income 2017: $207,1062017Revenue 2018: $3,271,654Expenses 2018: $3,121,861Net Income 2018: $149,7932018Revenue 2019: $3,206,055Expenses 2019: $3,380,615Net Income 2019: -$174,5602019Revenue 2020: $3,299,020Expenses 2020: $3,213,860Net Income 2020: $85,1602020Revenue 2021: $4,231,919Expenses 2021: $4,773,228Net Income 2021: -$541,3092021Revenue 2022: $4,760,010Expenses 2022: $5,681,375Net Income 2022: -$921,3652022

Highlighted filing

2022

Revenue$4,760,010
Expenses$5,681,375
Net Income-$921,365

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$4,760,010
Mission and Program Overview

Mission

The mission is to serve as the funding vehicle for benefits provided under the urban institute health plan.

To provide benefits to sponsor's employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$484,703$0▼ $484,703
Rtn Earn Endowment Incm Other Fnds$427,365$0▼ $427,365
Savings and Temporary Cash Investments$405,106$0▼ $405,106
Cash and Non-Interest-Bearing Accounts$87,000$0▼ $87,000
Prepaid Expenses and Deferred Charges$17,833$0▼ $17,833
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
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$994,642$0▼ $994,642
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$494,000$0▼ $494,000
Accounts Payable and Accrued Expenses$73,277$0▼ $73,277
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$567,277$0▼ $567,277
Net Assets / Fund Balance
Total Net Assets Fund Balance$427,365$0▼ $427,365
Total Liabilities and Net Assets / Fund Balance$994,642$0▼ $994,642
Compensation and Service Providers

Employees

NameTitleOtherTotal
Eric HowellSVP, Finance, Ops, & Bus Strat$121,210$121,210
Robert ReischauerTrustee/Director$447$447

Board Members and Trustees

NameTitle
Nani ColorettiSVP, Financial Strategy & Tr
Robert M BuchananVP, CONTROLLER and AST TRES
Genevieve M KenneyVP, Health Policy
Yasmin KazzazVP, Human Resource & CAO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,760,010
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-921,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,760,010
Total Revenue per Audited Statements
$4,760,010
Total Revenue per Form 990
$4,760,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$979,594
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---$4,701,781
Other Expenses---$87,000
Total Functional Expenses$0$0$0$5,681,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,681,375
Total Expenses per Audited Statements$5,681,375
Total Expenses per Form 990$5,681,375
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
Subject to proxy tax
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
Filing and Contact Details

Filer

Filer Name
The Urban Institute Employee Benefit Trust
EIN
52-6674346
In Care Of
% THE URBAN INSTITUTE
Phone
2028337200
Address
500 LENFANT PLAZA SW, WASHINGTON, DC 20024

Signing Officer

Name
Robert Buchanan
Title
VP, Contr & Treas
Phone
2028337200
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Buchanan
Formed
1993
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Marc Berger
Phone
7038930600
Supplemental Narrative

Additional Explanations

Form 990 Review Process

Form 990, part vi, line 11b: the administrative committee of the urban institute employee benefits trust reads the draft form 990 and submits any questions or comments to management.

Conflicts of Interest

Form 990, part vi, line 12a: the urban institute employee benefit trust has no employees. Services are provided by employees of the urban institute.

Whistleblower Policy

Form 990 part vi, line 13: the urban institute employee benefit trust has no employees. Services are provided by employees of the urban institute.

Written Document and Destruction Policy

Form 990, part vi, line 14: the urban institute employee benefit trust has no employees. Services are provided by employees of the urban institute.

Determining Compensation

Form 990, part vi, lines 15a&b: the urban institute employee benefit trust has no employees. Services are provided by employees of the urban institute.

Availability of Other Documents

Form 990, part vi, line 19: the trust will make its documents available to the public upon request.

Other Changes in Net Assets or Fund Balances

Form 990, part xi, line 9: change in benefits paid to participants $494,000

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

FIN 48 AUDIT FOOTNOTE The Internal Revenue Service (the IRS) has determined and informed the Trust by a letter dated May 4, 1998, that the Trust is designed in accordance with applicable sections of the IRC. Although the Plan has been amended since the date of the opinion letter, the Plan's management believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC. Therefore, no provision for income tax has been included in the Plan's financial Statements. In accordance with Accounting Standards Codification (ASC) 740, Income Taxes, 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 (asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by Applicable taxing authorities. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 AUDIT FOOTNOTE The Internal Revenue Service (the IRS) has determined and informed the Trust by a letter dated May 4, 1998, that the Trust is designed in accordance with applicable sections of the IRC. Although the Plan has been amended since the date of the opinion letter, the Plan's management believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC. Therefore, no provision for income tax has been included in the Plan's financial Statements. In accordance with Accounting Standards Codification (ASC) 740, Income Taxes, 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 (asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by Applicable taxing authorities. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2:
IRS990ScheduleD/TotalExpensesPerForm990Amt05681375
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt04760010
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04760010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05681375
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0271784
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1329835
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2151881
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3284673
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt024837
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt129020
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt29226
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt325950
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05429
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt125672
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt28513
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT M BUCHANAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1GENEVIEVE M KENNEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2NANI COLORETTI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Yasmin Kazzaz
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VP, CONTROLLER and AST TRES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP, HEALTH POLICY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SVP, FINANCIAL STRATEGY & TR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VP, Human Resource & CAO
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(3)
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0Urban Institute
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0500 LEnfant Plaza SW
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Washington
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0DC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd020024
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 11B: THE ADMINISTRATIVE COMMITTEE OF THE URBAN INSTITUTE EMPLOYEE BENEFITS TRUST READS THE DRAFT FORM 990 AND SUBMITS ANY QUESTIONS OR COMMENTS TO MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 12A: THE URBAN INSTITUTE EMPLOYEE BENEFIT TRUST HAS NO EMPLOYEES. SERVICES ARE PROVIDED BY EMPLOYEES OF THE URBAN INSTITUTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PART VI, LINE 13: THE URBAN INSTITUTE EMPLOYEE BENEFIT TRUST HAS NO EMPLOYEES. SERVICES ARE PROVIDED BY EMPLOYEES OF THE URBAN INSTITUTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, LINE 14: THE URBAN INSTITUTE EMPLOYEE BENEFIT TRUST HAS NO EMPLOYEES. SERVICES ARE PROVIDED BY EMPLOYEES OF THE URBAN INSTITUTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART VI, LINES 15A&B: THE URBAN INSTITUTE EMPLOYEE BENEFIT TRUST HAS NO EMPLOYEES. SERVICES ARE PROVIDED BY EMPLOYEES OF THE URBAN INSTITUTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART VI, LINE 19: THE TRUST WILL MAKE ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART XI, LINE 9: CHANGE IN BENEFITS PAID TO PARTICIPANTS $494,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2WHISTLEBLOWER POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3WRITTEN DOCUMENT AND DESTRUCTION POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4DETERMINING COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5AVAILABILITY OF OTHER DOCUMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6OTHER CHANGES IN NET ASSETS OR FUND BALANCES
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0URBAN INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0520880375
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH/EDU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0500 LENFANT PLAZA SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020024
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false

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