Civic Intelligence

Lsi Corporation Short Term Disability Benefit Trust

990 • Fiscal year 2018 • EIN 77-0282422

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

1320 Ridder Park DriveSan Jose, CA 95131

(408) 433-8000

Siviq Scores

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

Liabilities / Assets

69th percentile

0.08x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.13x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Net Margin

11th percentile

-36%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2018 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2018

Asset Growth

14th percentile

-19%

Faster asset growth than 14% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

74th percentile

14%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,587,138

Down $377,601 (-19%) from 2017

Net Assets

Down

$1,452,516

Down $159,972 (-9.9%) from 2017

Liabilities

Down

$134,622

Down $217,629 (-62%) from 2017

Revenue

Up

$1,067,667

Up $128,741 (+14%) from 2017

Expenses

Up

$1,448,469

Up $291,106 (+25%) from 2017

Net Income

Down

-$380,802

Down $162,365 (-74%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,713,797Liabilities 2011: $58,287Net Assets 2011: $2,655,5102011Assets 2012: $2,783,057Liabilities 2012: $113,626Net Assets 2012: $2,669,4312012Assets 2013: $2,878,932Liabilities 2013: $47,220Net Assets 2013: $2,831,7122013Assets 2014: $2,761,870Liabilities 2014: $158,084Net Assets 2014: $2,603,7862014Assets 2015: $2,556,221Liabilities 2015: $209,438Net Assets 2015: $2,346,7832015Assets 2016: $2,183,176Liabilities 2016: $209,438Net Assets 2016: $1,973,7382016Assets 2017: $1,964,739Liabilities 2017: $352,251Net Assets 2017: $1,612,4882017Assets 2018: $1,587,138Liabilities 2018: $134,622Net Assets 2018: $1,452,5162018Assets 2019: $1,774,507Liabilities 2019: $152,066Net Assets 2019: $1,622,4412019Assets 2020: $1,800,924Liabilities 2020: $74,513Net Assets 2020: $1,726,4112020Assets 2021: $1,966,726Liabilities 2021: $128,851Net Assets 2021: $1,837,8752021Assets 2022: $1,566,706Liabilities 2022: $106,336Net Assets 2022: $1,460,3702022Assets 2023: $1,272,831Liabilities 2023: $137,404Net Assets 2023: $1,135,4272023Assets 2024: $1,514,692Liabilities 2024: $241,865Net Assets 2024: $1,272,8272024

Highlighted filing

2018

Assets$1,587,138
Liabilities$134,622
Net Assets$1,452,516

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $826,118Expenses 2011: $356,838Net Income 2011: $469,2802011Revenue 2012: $528,289Expenses 2012: $514,368Net Income 2012: $13,9212012Revenue 2013: $562,066Expenses 2013: $399,785Net Income 2013: $162,2812013Revenue 2014: $361,375Expenses 2014: $589,301Net Income 2014: -$227,9262014Revenue 2015: $489,805Expenses 2015: $746,808Net Income 2015: -$257,0032015Revenue 2016: $476,541Expenses 2016: $849,586Net Income 2016: -$373,0452016Revenue 2017: $938,926Expenses 2017: $1,157,363Net Income 2017: -$218,4372017Revenue 2018: $1,067,667Expenses 2018: $1,448,469Net Income 2018: -$380,8022018Revenue 2019: $1,855,340Expenses 2019: $1,685,415Net Income 2019: $169,9252019Revenue 2020: $1,948,659Expenses 2020: $1,844,689Net Income 2020: $103,9702020Revenue 2021: $1,881,505Expenses 2021: $1,770,041Net Income 2021: $111,4642021Revenue 2022: $1,414,281Expenses 2022: $1,791,786Net Income 2022: -$377,5052022Revenue 2023: $1,526,673Expenses 2023: $1,851,616Net Income 2023: -$324,9432023Revenue 2024: $3,720,459Expenses 2024: $3,583,059Net Income 2024: $137,4002024

Highlighted filing

2018

Revenue$1,067,667
Expenses$1,448,469
Net Income-$380,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$1,067,667
Mission and Program Overview

Mission

NONE

Provision of short term disability benefits to participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,899,384$1,528,371▼ $371,013
Rtn Earn Endowment Incm Other Fnds$1,612,488$1,452,516▼ $159,972
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,964,739$1,587,138▼ $377,601
Other Assets Total$65,355$58,767▼ $6,588
Liabilities
Accounts Payable and Accrued Expenses$352,251$134,622▼ $217,629
Total Liabilities$352,251$134,622▼ $217,629
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,612,488$1,452,516▼ $159,972
Total Liabilities and Net Assets / Fund Balance$1,964,739$1,587,138▼ $377,601
Compensation and Service Providers

Board Members and Trustees

NameTitle
Debbie StreeterTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,044,900
Investment Income
$22,767
Other Revenue
$0
Change in Net Assets
$-380,802

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,067,667
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,067,667
Total Revenue per Form 990
$1,067,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$211,559
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$1,236,910--$1,236,910
Fees for Services Other$211,559--$211,559
Total Functional Expenses$1,448,469$0$0$1,448,469

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,448,469
Total Expenses per Audited Statements$1,448,469
Total Expenses per Form 990$1,448,469
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Audit committee
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

The trustee is an employee of avago technologies u.s. Inc.

Form 990, Part VI, Section B, Line 11B

An outside service provider prepares and reviews the form 990. Company personnel review prior to signing by a trustee.

Form 990, Part VI, Section C, Line 19

Form 990 is made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Broadcom Short-term Disability
EIN
77-0282422
Phone
4084338000
Address
1320 RIDDER PARK DRIVE, SAN JOSE, CA 95131

Signing Officer

Name
Debbie Streeter
Title
Trustee
Phone
4084338000
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbie Streeter
Formed
1987
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Perrone & Associates
Address
15105 CONCORD CIR 130, MORGAN HILL, CA 95037
Preparer
Jeff P Perrone
Phone
4087762401
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Administrative fees: program service expenses 211,559. Management and general expenses 0. Fundraising expenses 0. Total expenses 211,559.

Raw XML Appendix262 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0352251
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0134622
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVISION OF SHORT TERM DISABILITY BENEFITS TO PARTICIPANTS.
IRS990/AuditCommitteeInd00
IRS990/BenefitsToMembersGrp/ProgramServicesAmt01236910
IRS990/BenefitsToMembersGrp/TotalAmt01236910
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DEBBIE STREETER
IRS990/BooksInCareOfDetail/PhoneNum04084337708
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01320 RIDDER PARK DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
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IRS990/CreditCounselingInd00
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IRS990/CYOtherExpensesAmt0211559
IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0-380802
IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/DecisionsSubjectToApprovaInd00
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IRS990/Desc0PROVISION OF SHORT TERM DISABILITY BENEFITS TO PARTICIPANTS. ELIGIBLE EMPLOYEES WHO ELECT TO PARTICIPATE RECEIVE A PARTIAL REPLACEMENT OF WAGES LOST AS A RESULT OF TEMPORARY INABILITY TO WORK DUE TO SICKNESS, INJURY OR PREGNANCY.
IRS990/DescribedInSection501c3Ind00
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01067667
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentIncomeGrp/ExclusionAmt022767
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022767
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01612488
IRS990/NetAssetsOrFundBalancesEOYAmt01452516
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt065355
IRS990/OtherAssetsTotalGrp/EOYAmt058767
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DEBBIE STREETER
IRS990/PriorPeriodAdjustmentsAmt0220830
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01044900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01044900
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0956066
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04499
IRS990/PYOtherExpensesAmt0201297
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0934427
IRS990/PYRevenuesLessExpensesAmt0-218437
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01157363
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0938926
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-380802
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01612488
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01452516
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01899384
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IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/ExpensesSubtotalAmt01448469
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01067667
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01448469
IRS990ScheduleD/TotalRevenuePerForm990Amt01067667
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01067667
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01448469
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE IS AN EMPLOYEE OF AVAGO TECHNOLOGIES U.S. INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN OUTSIDE SERVICE PROVIDER PREPARES AND REVIEWS THE FORM 990. COMPANY PERSONNEL REVIEW PRIOR TO SIGNING BY A TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 211,559. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 211,559.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
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IRS990/TotalVolunteersCnt00
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IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBBIE STREETER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04084338000
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROADCOM SHORT-TERM DISABILITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BENEFIT PLAN
ReturnHeader/Filer/BusinessNameControlTxt0AVAG
ReturnHeader/Filer/EIN0770282422
ReturnHeader/Filer/PhoneNum04084338000
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ReturnHeader/FilingSecurityInformation/IPTm014:03:10
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015105 CONCORD CIR 130
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MORGAN HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095037
ReturnHeader/PreparerPersonGrp/PhoneNum04087762401
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF P PERRONE
ReturnHeader/ReturnTs02019-11-08T15:16:41-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.24$1.27$3.72$3.58$0.14
2023Summary only. Only limited summary data is available for this year.$1.27$0.14$1.14$1.53$1.85$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.11$1.46$1.41$1.79$0.38
2021Summary only. Only limited summary data is available for this year.$1.97$0.13$1.84$1.88$1.77$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.07$1.73$1.95$1.84$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.15$1.62$1.86$1.69$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.59$0.13$1.45$1.07$1.45$0.38
2017Summary only. Only limited summary data is available for this year.$1.96$0.35$1.61$0.94$1.16$0.22
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.21$1.97$0.48$0.85$0.37
2015Summary only. Only limited summary data is available for this year.$2.56$0.21$2.35$0.49$0.75$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.76$0.16$2.60$0.36$0.59$0.23
2013Summary only. Only limited summary data is available for this year.$2.88$0.05$2.83$0.56$0.40$0.16
2012Summary only. Only limited summary data is available for this year.$2.78$0.11$2.67$0.53$0.51$0.01
2011Summary only. Only limited summary data is available for this year.$2.71$0.06$2.66$0.83$0.36$0.47