Civic Intelligence

Sonoco Collectively Bargained Veba

990 • Fiscal year 2011 • EIN 57-6179868

Jan 01, 2011 to Dec 31, 2011 • Filed on Oct 31, 2012

Organization Profilewww.sonoco.com
PO Box 160 Attn Stephen HeislerA0129551-0160
Siviq Scores

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

Liabilities / Assets

90th percentile

0.83x

Higher debt load relative to assets than 90% of similar nonprofits.

2011 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

58th percentile

4.4%

Faster asset growth than 58% of similar nonprofits.

2011 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$8,154,000

Up $342,000 (+4.4%) from 2010

Net Assets

Up

$1,388,000

Up $39,000 (+2.9%) from 2010

Liabilities

Up

$6,766,000

Up $303,000 (+4.7%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$335,000

Up $6,159,000 (+106%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$15M$10M$5.0M$0Assets 2010: $7,812,000Liabilities 2010: $6,463,000Net Assets 2010: $1,349,0002010Assets 2011: $8,154,000Liabilities 2011: $6,766,000Net Assets 2011: $1,388,0002011Assets 2012: $8,983,000Liabilities 2012: $6,514,000Net Assets 2012: $2,469,0002012Assets 2013: $10,471,000Liabilities 2013: $5,881,000Net Assets 2013: $4,590,0002013Assets 2014: $11,510,000Liabilities 2014: $6,478,000Net Assets 2014: $5,032,0002014Assets 2015: $11,355,000Liabilities 2015: $4,684,000Net Assets 2015: $6,671,0002015Assets 2016: $12,269,000Liabilities 2016: $4,007,000Net Assets 2016: $8,262,0002016Assets 2017: $14,133,000Liabilities 2017: $3,115,000Net Assets 2017: $11,018,0002017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2011

Assets$8,154,000
Liabilities$6,766,000
Net Assets$1,388,000
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$10M$0-$10M-$20MExpenses 2010: -$5,824,0002010Expenses 2011: $335,0002011Expenses 2012: -$126,0002012Revenue 2013: $1,630,000Expenses 2013: -$491,000Net Income 2013: $2,121,0002013Revenue 2014: $1,162,000Expenses 2014: $720,000Net Income 2014: $442,0002014Revenue 2015: $133,000Expenses 2015: -$1,506,000Net Income 2015: $1,639,0002015Revenue 2016: $1,038,000Expenses 2016: -$553,000Net Income 2016: $1,591,0002016Revenue 2017: $2,038,000Expenses 2017: -$718,000Net Income 2017: $2,756,0002017Revenue 2018: $503,000Expenses 2018: $11,521,000Net Income 2018: -$11,018,0002018

Highlighted filing

2011

Revenue-
Expenses$335,000
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Oct 31, 2012
Return Version
2011v1.2
Gross Receipts
$374,000
Mission and Program Overview

Mission

To provide funding for group Health and Welfare plans covering collectively bargained retirees of Sonoco Products Company.

Filing and Contact Details

Filer

EIN
57-6179868
Raw XML AppendixShowing 400 of 409 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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IRS990ScheduleO/GeneralExplanation/Explanation0Form 990, Part VI, Section B, Line 11a - Form 990 is prepared by the Employee Benefits Department and the Financial Accounting Departments. Management from each department reviews the forms.
IRS990ScheduleO/GeneralExplanation/Explanation1Form 990, Part VI, Section C, Line 19, - Because this is a VEBA used as a funding vehicle for group health and welfare plans covering collectively bargained retirees of Sonoco Products Company, The governing documents or financial statements are not made available to the public. The forms would be provided upon request.
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IRS990ScheduleO/GeneralExplanation/Identifier1F990_P06_S0C_L19
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IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section C, Line 19
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IRS990/WebSite0www.sonoco.com
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01998
ReasonableCauseExplanation/Explanation0We are requesting that late penalties be waived for this filing. Our Employee Benefits Department has lost two employees this year due to retirement and FMLA reasons. We are also making major changes to our current health and dental benefits including a change in insurance providers. Thank you.
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0576179868
ReturnHeader/Filer/Name/BusinessNameLine10SONOCO COLLECTIVELY BARGAINED VEBA
ReturnHeader/Filer/NameControl0SONO
ReturnHeader/Filer/Phone08433837000
ReturnHeader/Filer/USAddress/AddressLine10PO Box 160 Attn Stephen Heisler
ReturnHeader/Filer/USAddress/AddressLine20A01
ReturnHeader/Filer/USAddress/City0Hartsville
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode0295510160

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$8,154,000
Liabilities
$6,766,000
Net assets
$1,388,000
Revenue
-
Expenses
$335,000
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.50$11.5$11.0
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$3.12$11.0$2.04$0.72$2.76
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$4.01$8.26$1.04$0.55$1.59
2015Detailed filing. Detailed filing data is available for this year.$11.4$4.68$6.67$0.13$1.51$1.64
2014Detailed filing. Detailed filing data is available for this year.$11.5$6.48$5.03$1.16$0.72$0.44
2013Detailed filing. Detailed filing data is available for this year.$10.5$5.88$4.59$1.63$0.49$2.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.98$6.51$2.47$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.15$6.77$1.39$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.81$6.46$1.35$5.82