Civic Intelligence

Houston Police Officers' Association Texas Police Trust

990 • Fiscal year 2015 • EIN 76-0095984

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

1600 State StreetHouston, TX 77007

(832) 200-3431

Siviq Scores

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

Liabilities / Assets

40th percentile

0.01x

Higher debt load relative to assets than 40% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Net Margin

82nd percentile

20%

Higher net margin than 82% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

70th percentile

$130,664

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Asset Growth

10th percentile

-19%

Faster asset growth than 10% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

44th percentile

1.5%

Faster revenue growth than 44% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$11,906,554

Down $2,850,658 (-19%) from 2014

Net Assets

Down

$11,737,499

Down $2,834,122 (-19%) from 2014

Liabilities

Down

$169,055

Down $16,536 (-8.9%) from 2014

Revenue

Up

$7,813,072

Up $112,678 (+1.5%) from 2014

Expenses

Up

$6,234,102

Up $404,657 (+6.9%) from 2014

Net Income

Down

$1,578,970

Down $291,979 (-16%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $7,478,951Liabilities 2010: $44,232Net Assets 2010: $7,434,7192010Assets 2011: $9,071,579Liabilities 2011: $74,650Net Assets 2011: $8,996,9292011Assets 2012: $11,050,186Liabilities 2012: $100,846Net Assets 2012: $10,949,3402012Assets 2013: $12,746,331Liabilities 2013: $82,351Net Assets 2013: $12,663,9802013Assets 2014: $14,757,212Liabilities 2014: $185,591Net Assets 2014: $14,571,6212014Assets 2015: $11,906,554Liabilities 2015: $169,055Net Assets 2015: $11,737,4992015Assets 2016: $13,182,214Liabilities 2016: $67,763Net Assets 2016: $13,114,4512016Assets 2017: $15,240,401Liabilities 2017: $347,650Net Assets 2017: $14,892,7512017Assets 2018: $17,035,057Liabilities 2018: $203,462Net Assets 2018: $16,831,5952018Assets 2019: $18,837,688Liabilities 2019: $220,316Net Assets 2019: $18,617,3722019Assets 2020: $19,823,094Liabilities 2020: $220,316Net Assets 2020: $19,602,7782020Assets 2021: $21,505,750Liabilities 2021: $220,316Net Assets 2021: $21,285,4342021Assets 2022: $23,343,386Liabilities 2022: $220,315Net Assets 2022: $23,123,0712022Assets 2023: $23,830,940Liabilities 2023: $0Net Assets 2023: $23,830,9402023Assets 2024: $24,455,409Liabilities 2024: $0Net Assets 2024: $24,455,4092024

Highlighted filing

2015

Assets$11,906,554
Liabilities$169,055
Net Assets$11,737,499

Operations Trend

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

$10M$5.0M$0Expenses 2010: $6,006,4642010Expenses 2011: $6,007,9162011Expenses 2012: $5,829,2112012Revenue 2013: $7,342,777Expenses 2013: $5,757,754Net Income 2013: $1,585,0232013Revenue 2014: $7,700,394Expenses 2014: $5,829,445Net Income 2014: $1,870,9492014Revenue 2015: $7,813,072Expenses 2015: $6,234,102Net Income 2015: $1,578,9702015Revenue 2016: $7,919,565Expenses 2016: $6,482,761Net Income 2016: $1,436,8042016Revenue 2017: $7,848,825Expenses 2017: $6,070,525Net Income 2017: $1,778,3002017Revenue 2018: $8,276,833Expenses 2018: $6,337,989Net Income 2018: $1,938,8442018Revenue 2019: $8,607,849Expenses 2019: $6,822,072Net Income 2019: $1,785,7772019Revenue 2020: $8,680,277Expenses 2020: $7,694,871Net Income 2020: $985,4062020Revenue 2021: $8,663,793Expenses 2021: $6,981,137Net Income 2021: $1,682,6562021Revenue 2022: $9,094,524Expenses 2022: $7,222,718Net Income 2022: $1,871,8062022Revenue 2023: $9,316,294Expenses 2023: $8,151,804Net Income 2023: $1,164,4902023Revenue 2024: $9,667,201Expenses 2024: $8,754,466Net Income 2024: $912,7352024

Highlighted filing

2015

Revenue$7,813,072
Expenses$6,234,102
Net Income$1,578,970
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$8,848,705
Mission and Program Overview

Mission

Provide medical and dental benefits to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$14,571,621$11,737,499▼ $2,834,122
Cash and Non-Interest-Bearing Accounts$8,493,941$4,116,036▼ $4,377,905
Land, Buildings, and Equipment, Net$1,613,078$3,058,542▲ $1,445,464
Investments in Publicly Traded Securities$2,024,071$2,184,927▲ $160,856
Other Notes and Loans Receivable, Net$1,482,977$1,418,817▼ $64,160
Savings and Temporary Cash Investments$996,660$1,002,523▲ $5,863
Prepaid Expenses and Deferred Charges$146,485$125,709▼ $20,776
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$14,757,212$11,906,554▼ $2,850,658
Liabilities
Accounts Payable and Accrued Expenses$185,591$169,055▼ $16,536
Total Liabilities$185,591$169,055▼ $16,536
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,571,621$11,737,499▼ $2,834,122
Total Liabilities and Net Assets / Fund Balance$14,757,212$11,906,554▼ $2,850,658

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,402,692-$2,402,692
Equipment$96,686$728,428$825,114
Buildings$517,858$46,025$563,883
Leasehold Improvements$38,849$11,823$50,672
Other Land Buildings$2,457$2,550$5,007
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael P MitchellDirector of Sales & MarketFT$125,638$5,026$130,664
Veronica M McdonoughInsurance AdministratorFT$124,259$4,970$129,229

Board Members and Trustees

NameTitle
John YenchaChairman
Douglas GriffithTrustee
James TippyTrustee
Thomas HayesTrustee
William BoothTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,620,748
Investment Income
$127,596
Other Revenue
$64,728
Change in Net Assets
$1,578,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,822,844
Revenue Not Reported on Financial Statements
$-9,772
Revenue Not Reported on Form 990
$24,704
Other Revenue Adjustments
$-9,772
Total Revenue per Audited Statements
$7,847,548
Total Revenue per Form 990
$7,813,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,070,908
Salaries, Compensation, and Employee Benefits$416,130
Grants and Similar Amounts Paid$36,789
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,710,275
Other Salaries and Wages---$332,167
Fees for Services Legal---$267,877
Occupancy---$184,798
Travel---$65,052
Depreciation Depletion---$62,580
Office Expenses---$50,779
Other Employee Benefits---$47,871
Fees for Services Accounting---$45,411
Conferences and Meetings---$37,616
Information Technology---$36,977
Grants to Domestic Orgs---$36,789
Insurance---$29,753
Payroll Taxes---$24,496
Fees for Services Other---$17,757
Other Expenses---$17,658
All Other Expenses---$16,978
Advertising---$13,298
Pension Plan Contributions---$11,596
Total Functional Expenses$0$0$0$6,234,102

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,243,874
Expenses per Audited Statements$6,234,102
Total Expenses per Form 990$6,234,102
Expenses Not Reported on Form 990$9,772
Expenses Not Reported on Financial Statements$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
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Copy of form 990 policy the form 990 is reviewed by the board before filing.

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

Conflict of interest policy the board monitors and enforces compliance by reviewing the policy at least semiannually.

Form 990, Part VI, Section B, Line 15

Compensation policy the human resources committee performs a review and makes a recommendation.

Form 990, Part VI, Section C, Line 19

Disclosure policy the organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
HOUSTON POLICE OFFICERS' ASSOCIATION
EIN
76-0095984
Phone
8322003431
Address
1600 STATE STREET, HOUSTON, TX 77007

Signing Officer

Name
Thomas F Hayes
Title
Trustee
Phone
8322003431
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Yencha
Formed
1987
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
9
Volunteers
0

Preparer

Firm
Briggs & Veselka Co
Address
NINE GREENWAY PLAZA SUITE 1700, HOUSTON, TX 77046
Preparer
Jason C Sanders
Phone
7136679147
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 32

On december 1, 2015 (inception), the trust's board of trustees formed texas police trust multiple employer trust (met). The houston police officers' association texas police trust board of trustees shall govern the operations of the met until such time that the met has elected its own board of trustees. The main purpose of the formation of the met is to primarily separate the funds available for the benefits of participants from the houston police department from the funds available for the benefits of participants from other sponsoring organizations. After the formation of the met, the trust transferred cash amounting to $1,020,000 and property with net book value of $3,417,796. The financial results of the met for the period from inception to december 31, 2015 are not consolidated with that of houston police officers' association texas police trust as of december 31, 2015 for financial reporting purposes or on form 990. See additional disclosure on schedule r, part ii and schedule n, part ii.

Form 990, Part IV, Line 33

Effective january 7, 2015 (inception), management of houston police officers' association texas police trust reorganized the corporate structure by forming a wholly-owned limited liability company, txpt holdings, llc. Management of the trust also formed seven new limited liability companies, listed below, for the purpose of holding the real properties owned by houston police officers' association texas police trust. The sole member of the new limited liabilities companies is txpt holdings, llc. The financial results of the new limited liability companies for the period from inception to december 31, 2015 are consolidated with that of houston police officers' association texas police trust as of december 31, 2015 for financial reporting purposes and on form 990. See additional disclosure on schedule r, part i. The consolidated financial statements include the accounts of houston police officers' association texas police trust, txpt holdings, llc, and the below listed wholly owned subsidiaries: 0 lubbock, llc 713 colorado, llc 1616 lubbock, llc 1704 lubbock, llc 1708 state street, llc 1710 state street, llc 1814 north memorial way, llc

FORM 990, PART XI, LINE 9:

Net assets transferred to texas police trust multiple employer trust -4,437,796.

FORM 990, PART XII, LINE 2C:

The organization did not change its oversight process or selection process during the tax year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Depreciation expense from rental properties -9,772.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Depreciation expense from rental properties 9,772.

Raw XML AppendixShowing 400 of 516 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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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07620748
IRS990/ProgSrvcAccomActy2Grp/Desc0PAID DISABILITY CLAIMS FOR MEMBERS
IRS990/ProgSrvcAccomActy3Grp/Desc0PAID VARIOUS INSURANCE PREMIUMS FOR ITS MEMBERS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt04619195
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt028431
IRS990/PYInvestmentIncomeAmt0193268
IRS990/PYOtherExpensesAmt0814852
IRS990/PYOtherRevenueAmt06532
IRS990/PYProgramServiceRevenueAmt07500594
IRS990/PYRevenuesLessExpensesAmt01870949
IRS990/PYSalariesCompEmpBnftPaidAmt0366967
IRS990/PYTotalExpensesAmt05829445
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07700394
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01578970
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt064728
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt014571621
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011737499
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0996660
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01002523
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0517858
IRS990ScheduleD/BuildingsGrp/DepreciationAmt046025
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0563883
IRS990ScheduleD/EquipmentGrp/BookValueAmt096686
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0728428
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0825114
IRS990ScheduleD/ExpensesNotReportedAmt09772
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06234102
IRS990ScheduleD/LandGrp/BookValueAmt02402692
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02402692
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt038849
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011823
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt050672
IRS990ScheduleD/NetUnrealizedGainsInvstAmt024704
IRS990ScheduleD/OtherExpensesIncludedAmt09772
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02457
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02550
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05007
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-9772
IRS990ScheduleD/RevenueNotReportedAmt024704
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-9772
IRS990ScheduleD/RevenueSubtotalAmt07822844
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEPRECIATION EXPENSE FROM RENTAL PROPERTIES -9,772.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION EXPENSE FROM RENTAL PROPERTIES 9,772.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03058542
IRS990ScheduleD/TotalExpensesPerForm990Amt06234102
IRS990ScheduleD/TotalRevenuePerForm990Amt07813072
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07847548
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06243874
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind01
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1PROPERTY
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0TEXAS POLICE TRUST MULTIPLE EMPLOYER TRUST
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt1TEXAS POLICE TRUST MULTIPLE EMPLOYER TRUST
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02015-12-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12015-12-01
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0475571109
IRS990ScheduleN/DispositionOfAssetsDetail/EIN1475571109
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt01020000
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt13417796
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(9)
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt1501(C)(9)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt1NET BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt01600 STATE ST
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt11600 STATE ST
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0HOUSTON
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm1HOUSTON
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd1TX
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd077007
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd177007
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: JOHN YENCHATHOMAS HAYESWILLIAM BOOTHDOUGLAS GRIFFITHJAMES TIPPY
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: THE HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST BOARD OF TRUSTEES SHALL GOVERN THE OPERATIONS OF THE TEXAS POLICE TRUST MULTIPLE EMPLOYER TRUST (MET) UNTIL SUCH TIME THAT THE MET HAS ELECTED ITS OWN BOARD OF TRUSTEES.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 POLICY THE FORM 990 IS REVIEWED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY THE BOARD MONITORS AND ENFORCES COMPLIANCE BY REVIEWING THE POLICY AT LEAST SEMIANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION POLICY THE HUMAN RESOURCES COMMITTEE PERFORMS A REVIEW AND MAKES A RECOMMENDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE POLICY THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON DECEMBER 1, 2015 (INCEPTION), THE TRUST'S BOARD OF TRUSTEES FORMED TEXAS POLICE TRUST MULTIPLE EMPLOYER TRUST (MET). THE HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST BOARD OF TRUSTEES SHALL GOVERN THE OPERATIONS OF THE MET UNTIL SUCH TIME THAT THE MET HAS ELECTED ITS OWN BOARD OF TRUSTEES. THE MAIN PURPOSE OF THE FORMATION OF THE MET IS TO PRIMARILY SEPARATE THE FUNDS AVAILABLE FOR THE BENEFITS OF PARTICIPANTS FROM THE HOUSTON POLICE DEPARTMENT FROM THE FUNDS AVAILABLE FOR THE BENEFITS OF PARTICIPANTS FROM OTHER SPONSORING ORGANIZATIONS. AFTER THE FORMATION OF THE MET, THE TRUST TRANSFERRED CASH AMOUNTING TO $1,020,000 AND PROPERTY WITH NET BOOK VALUE OF $3,417,796. THE FINANCIAL RESULTS OF THE MET FOR THE PERIOD FROM INCEPTION TO DECEMBER 31, 2015 ARE NOT CONSOLIDATED WITH THAT OF HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST AS OF DECEMBER 31, 2015 FOR FINANCIAL REPORTING PURPOSES OR ON FORM 990. SEE ADDITIONAL DISCLOSURE ON SCHEDULE R, PART II AND SCHEDULE N, PART II.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EFFECTIVE JANUARY 7, 2015 (INCEPTION), MANAGEMENT OF HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST REORGANIZED THE CORPORATE STRUCTURE BY FORMING A WHOLLY-OWNED LIMITED LIABILITY COMPANY, TXPT HOLDINGS, LLC. MANAGEMENT OF THE TRUST ALSO FORMED SEVEN NEW LIMITED LIABILITY COMPANIES, LISTED BELOW, FOR THE PURPOSE OF HOLDING THE REAL PROPERTIES OWNED BY HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST. THE SOLE MEMBER OF THE NEW LIMITED LIABILITIES COMPANIES IS TXPT HOLDINGS, LLC. THE FINANCIAL RESULTS OF THE NEW LIMITED LIABILITY COMPANIES FOR THE PERIOD FROM INCEPTION TO DECEMBER 31, 2015 ARE CONSOLIDATED WITH THAT OF HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST AS OF DECEMBER 31, 2015 FOR FINANCIAL REPORTING PURPOSES AND ON FORM 990. SEE ADDITIONAL DISCLOSURE ON SCHEDULE R, PART I. THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST, TXPT HOLDINGS, LLC, AND THE BELOW LISTED WHOLLY OWNED SUBSIDIARIES: 0 LUBBOCK, LLC 713 COLORADO, LLC 1616 LUBBOCK, LLC 1704 LUBBOCK, LLC 1708 STATE STREET, LLC 1710 STATE STREET, LLC 1814 NORTH MEMORIAL WAY, LLC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NET ASSETS TRANSFERRED TO TEXAS POLICE TRUST MULTIPLE EMPLOYER TRUST -4,437,796.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IV, LINE 32
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IV, LINE 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt4HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt5HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt6HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt7HOUSTON POLICE OFFICERS' ASSOCIATION TEXAS POLICE TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TXPT HOLDINGS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt10 LUBBOCK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2713 COLORADO LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt31616 LUBBOCK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt41704 LUBBOCK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt51708 STATE STREET LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt61710 STATE STREET LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt71814 NORTH MEMORIAL WAY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0472778668
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt2306677
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt31747357
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt4280370
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt5176000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt6411891
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt70
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd4TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd5TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd6TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd7TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLDING COMPANY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt4REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt5REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt6REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt7REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt20
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt30
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt40
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt50
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt60
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt70
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt11600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt21600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt31600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt41600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt51600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt61600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt71600 STATE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm3HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm4HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm5HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm6HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm7HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1TX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.5$0.00$24.5$9.67$8.75$0.91
2023Detailed filing. Detailed filing data is available for this year.$23.8$0.00$23.8$9.32$8.15$1.16
2022Detailed filing. Detailed filing data is available for this year.$23.3$0.22$23.1$9.09$7.22$1.87
2021Detailed filing. Detailed filing data is available for this year.$21.5$0.22$21.3$8.66$6.98$1.68
2020Detailed filing. Detailed filing data is available for this year.$19.8$0.22$19.6$8.68$7.69$0.99
2019Detailed filing. Detailed filing data is available for this year.$18.8$0.22$18.6$8.61$6.82$1.79
2018Detailed filing. Detailed filing data is available for this year.$17.0$0.20$16.8$8.28$6.34$1.94
2017Detailed filing. Detailed filing data is available for this year.$15.2$0.35$14.9$7.85$6.07$1.78
2016Summary only. Only limited summary data is available for this year.$13.2$0.07$13.1$7.92$6.48$1.44
2015Detailed filing. Detailed filing data is available for this year.$11.9$0.17$11.7$7.81$6.23$1.58
2014Detailed filing. Detailed filing data is available for this year.$14.8$0.19$14.6$7.70$5.83$1.87
2013Detailed filing. Detailed filing data is available for this year.$12.7$0.08$12.7$7.34$5.76$1.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$0.10$10.9$5.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.07$0.07$9.00$6.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.48$0.04$7.43$6.01