Civic Intelligence

Southern Star Veba for Non-Collectively Barga

EIN 73-1684417 • 501(c)9 • Milwaukee, WI

Profile

Payment of program service revenue of the veba to retirees for medical benefits

PO Box 0634Milwaukee, WI 53201-0634

n/A

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.00x

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

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$7,500

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Asset Growth

89th percentile

29%

Faster asset growth than 89% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-3.4%

Faster revenue growth than 25% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,568,255

Up $806,761 (+29%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,568,255

Up $806,761 (+29%) from 2023

Revenue

Down

$1,969,063

Down $69,150 (-3.4%) from 2023

Expenses

Down

$1,162,302

Down $68,401 (-5.6%) from 2023

Net Income

Down

$806,761

Down $749 (-0.1%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,036,447Liabilities 2011: $48,996Net Assets 2011: $987,4512011Assets 2012: $709,062Liabilities 2012: $86,795Net Assets 2012: $622,2672012Assets 2013: $2,193,807Liabilities 2013: $138,009Net Assets 2013: $2,055,7982013Assets 2014: $1,849,474Liabilities 2014: $93,963Net Assets 2014: $1,755,5112014Assets 2015: $881,757Liabilities 2015: $90,458Net Assets 2015: $791,2992015Assets 2016: $1,290,141Liabilities 2016: $162,394Net Assets 2016: $1,127,7472016Assets 2017: $1,780,381Liabilities 2017: $55,951Net Assets 2017: $1,724,4302017Assets 2018: $1,370,808Liabilities 2018: $0Net Assets 2018: $1,370,8082018Assets 2019: $1,082,776Liabilities 2019: $0Net Assets 2019: $1,082,7762019Assets 2020: $1,419,388Liabilities 2020: $0Net Assets 2020: $1,419,3882020Assets 2021: $2,077,323Liabilities 2021: $0Net Assets 2021: $2,077,3232021Assets 2022: $1,953,984Liabilities 2022: $0Net Assets 2022: $1,953,9842022Assets 2023: $2,761,494Liabilities 2023: $0Net Assets 2023: $2,761,4942023Assets 2024: $3,568,255Liabilities 2024: $0Net Assets 2024: $3,568,2552024

Highlighted filing

2024

Assets$3,568,255
Liabilities$0
Net Assets$3,568,255

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $124,730Expenses 2011: $632,242Net Income 2011: -$507,5122011Revenue 2012: $284,010Expenses 2012: $649,197Net Income 2012: -$365,1872012Revenue 2013: $2,169,096Expenses 2013: $735,565Net Income 2013: $1,433,5312013Revenue 2014: $293,680Expenses 2014: $593,967Net Income 2014: -$300,2872014Revenue 2015: $193,775Expenses 2015: $1,157,987Net Income 2015: -$964,2122015Revenue 2016: $1,343,070Expenses 2016: $1,006,622Net Income 2016: $336,4482016Revenue 2017: $1,397,303Expenses 2017: $800,620Net Income 2017: $596,6832017Revenue 2018: $893,197Expenses 2018: $1,164,097Net Income 2018: -$270,9002018Revenue 2019: $890,466Expenses 2019: $1,175,799Net Income 2019: -$285,3332019Revenue 2020: $1,379,222Expenses 2020: $1,042,610Net Income 2020: $336,6122020Revenue 2021: $1,928,105Expenses 2021: $1,270,169Net Income 2021: $657,9362021Revenue 2022: $1,040,086Expenses 2022: $1,163,425Net Income 2022: -$123,3392022Revenue 2023: $2,038,213Expenses 2023: $1,230,703Net Income 2023: $807,5102023Revenue 2024: $1,969,063Expenses 2024: $1,162,302Net Income 2024: $806,7612024

Highlighted filing

2024

Revenue$1,969,063
Expenses$1,162,302
Net Income$806,761

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.57$1.97$1.16$0.81
2023Detailed filing. Detailed filing data is available for this year.$2.76$0.00$2.76$2.04$1.23$0.81
2022Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$1.04$1.16$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$1.93$1.27$0.66
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$1.38$1.04$0.34
2019Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$0.89$1.18$0.29
2018Summary only. Only limited summary data is available for this year.$1.37$0.00$1.37$0.89$1.16$0.27
2017Summary only. Only limited summary data is available for this year.$1.78$0.06$1.72$1.40$0.80$0.60
2016Summary only. Only limited summary data is available for this year.$1.29$0.16$1.13$1.34$1.01$0.34
2015Summary only. Only limited summary data is available for this year.$0.88$0.09$0.79$0.19$1.16$0.96
2014Summary only. Only limited summary data is available for this year.$1.85$0.09$1.76$0.29$0.59$0.30
2013Summary only. Only limited summary data is available for this year.$2.19$0.14$2.06$2.17$0.74$1.43
2012Summary only. Only limited summary data is available for this year.$0.71$0.09$0.62$0.28$0.65$0.37
2011Summary only. Only limited summary data is available for this year.$1.04$0.05$0.99$0.12$0.63$0.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$9,248,318
Mission and Program Overview

Mission

Payment of program service revenue of the veba to retirees for medical benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,761,494$3,568,255▲ $806,761
Investments in Publicly Traded Securities$2,479,713$3,158,872▲ $679,159
Cash and Non-Interest-Bearing Accounts$279,535$406,999▲ $127,464
Accounts Receivable$2,246$2,384▲ $138
Total Assets$2,761,494$3,568,255▲ $806,761
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,761,494$3,568,255▲ $806,761
Total Liabilities and Net Assets / Fund Balance$2,761,494$3,568,255▲ $806,761
Compensation and Service Providers

Employees

NameTitleBaseTotal
US Bank as TrusteeTrustee$7,500$7,500

Board Members and Trustees

NameTitle
Delphine PersouyreDirector
Eleonore JoderDirector
Jeff MurphyDirector
Julie DillDirector
Renaud FaucherDirector
Shawn PattersonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,811,160
Investment Income
$263,396
Other Revenue
$-105,493
Change in Net Assets
$806,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,685
Salaries, Compensation, and Employee Benefits$7,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,011,117--$1,011,117
Fees for Service Investment Mgmnt Fees$42,779--$42,779
Fees for Services Accounting$22,955--$22,955
Other Expenses$20,607--$20,607
Current Officers, Directors, Trustees, and Key Employees$7,500--$7,500
Total Functional Expenses$1,162,302$0$0$1,162,302
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Explanation for Form 990, Page 6, Part VI, Line 9

Renaud faucher, 1000 place jean-paul-riopelle, montreal, quebec h2z2b3

Explanation for Form 990, Page 6, Part VI, Line 9

Julie dill, 2318 mimosa drive, houston, tx 77019

Explanation for Form 990, Page 6, Part VI, Line 9

Jeff murphy, 111 s. Wacker drive, suite 3925, chicago, il 60606

Explanation for Form 990, Page 6, Part VI, Line 9

Shawn patterson, 4700 state route 56, owensboro, ky 42301

Explanation for Form 990, Page 6, Part VI, Line 9

Delphine persouyre, 1000 place jean-paul-riopelle, montreal, quebec h2z2b3

Explanation for Form 990, Page 6, Part VI, Line 9

Eleonore joder, 28-32 avenue victor hugo 6th floor, paris, france 75116

Form 990, Page 6, Part VI, Line 2

Two directors (faucher & persouyre) are common employees and officers of southern star veba and caisse de depot et placement du quebec.

Form 990, Page 6, Part VI, Line 11-description of Process for Review

No review was or will be conducted by the governing body

Explanation for Form 990, Page 6, Part VI, Line 9

SEE EXPLANATION ABOVE

FORM 990, PAGE 6, PART VI, LINE 15A

There is no compensation for any of the individual directors.

FORM 990, PAGE 6, PART VI, LINE 15B

There is no compensation for any employees of the organization.

Form 990, Page 6, Part VI, Line 19

Documents available upon request

Filing and Contact Details

Filer

Filer Name
Southern Star Veba for Non-collectively Barga
EIN
73-1684417
Phone
2708525000
Address
PO BOX 0634, MILWAUKEE, WI 53201-0634

Signing Officer

Name
U S Bank N a by
Title
Trustee
Phone
2708525000
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Ky
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Pwc US Tax Llp
Address
301 GRANT STREET 45TH FLOOR, PITTSBURGH, PA 15219
Preparer
Allison J Valenty
Phone
4123556000
Raw XML Appendix350 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/SupplementalInformationDetail/ExplanationTxt0RENAUD FAUCHER, 1000 PLACE JEAN-PAUL-RIOPELLE, MONTREAL, QUEBEC H2Z2B3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JULIE DILL, 2318 MIMOSA DRIVE, HOUSTON, TX 77019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JEFF MURPHY, 111 S. WACKER DRIVE, SUITE 3925, CHICAGO, IL 60606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SHAWN PATTERSON, 4700 STATE ROUTE 56, OWENSBORO, KY 42301
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DELPHINE PERSOUYRE, 1000 PLACE JEAN-PAUL-RIOPELLE, MONTREAL, QUEBEC H2Z2B3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ELEONORE JODER, 28-32 AVENUE VICTOR HUGO 6TH FLOOR, PARIS, FRANCE 75116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TWO DIRECTORS (FAUCHER & PERSOUYRE) ARE COMMON EMPLOYEES AND OFFICERS OF SOUTHERN STAR VEBA AND CAISSE DE DEPOT ET PLACEMENT DU QUEBEC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO REVIEW WAS OR WILL BE CONDUCTED BY THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SEE EXPLANATION ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THERE IS NO COMPENSATION FOR ANY OF THE INDIVIDUAL DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THERE IS NO COMPENSATION FOR ANY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PAGE 6, PART VI, LINE 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01162302
IRS990/TotalGrossUBIAmt0263534
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IRS990/TotalRevenueGrp/ExclusionAmt010635
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01694894
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01969063
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0263534
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02761494
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IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0U S BANK N A BY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02708525000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHERN STAR VEBA FOR NON-COLLECTIVELY BARGA
ReturnHeader/Filer/BusinessNameControlTxt0STAR
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PWC US TAX LLP
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLISON J VALENTY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-10T15:01:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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