Civic Intelligence

Silicon Valley Association of Health Underwriters

990EZ • Fiscal year 2021 • EIN 77-0477306

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 11, 2022

2520 Venture Oaks Way 150Sacramento, CA 95833

(916) 239-4099

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.11x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

24th percentile

-7.7%

Faster asset growth than 24% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-56%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$71,761

Down $5,946 (-7.7%) from 2020

Net Assets

Down

$69,349

Down $5,268 (-7.1%) from 2020

Liabilities

Down

$2,412

Down $678 (-22%) from 2020

Revenue

Down

$22,569

Down $28,298 (-56%) from 2020

Expenses

Down

$27,837

Down $10,500 (-27%) from 2020

Net Income

Down

-$5,268

Down $17,798 (-142%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $62,022Liabilities 2012: $8,2102012Assets 2013: $70,832Liabilities 2013: $20,389Net Assets 2013: $50,4432013Assets 2014: $67,594Liabilities 2014: $15,4782014Assets 2015: $69,857Liabilities 2015: $17,864Net Assets 2015: $51,9932015Assets 2016: $69,649Liabilities 2016: $17,467Net Assets 2016: $52,1822016Assets 2017: $89,803Liabilities 2017: $23,725Net Assets 2017: $66,0782017Assets 2018: $68,983Liabilities 2018: $5,096Net Assets 2018: $63,8872018Assets 2019: $96,145Liabilities 2019: $34,058Net Assets 2019: $62,0872019Assets 2020: $77,707Liabilities 2020: $3,090Net Assets 2020: $74,6172020Assets 2021: $71,761Liabilities 2021: $2,412Net Assets 2021: $69,3492021Assets 2022: $73,674Liabilities 2022: $16,652Net Assets 2022: $57,0222022

Highlighted filing

2021

Assets$71,761
Liabilities$2,412
Net Assets$69,349

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $38,059Expenses 2012: $48,483Net Income 2012: -$10,4242012Revenue 2013: $51,215Expenses 2013: $54,584Net Income 2013: -$3,3692013Revenue 2014: $49,482Expenses 2014: $47,809Net Income 2014: $1,6732014Revenue 2015: $70,776Expenses 2015: $70,899Net Income 2015: -$1232015Revenue 2016: $53,539Expenses 2016: $53,350Net Income 2016: $1892016Revenue 2017: $60,182Expenses 2017: $46,286Net Income 2017: $13,8962017Revenue 2018: $100,477Expenses 2018: $102,668Net Income 2018: -$2,1912018Revenue 2019: $55,304Expenses 2019: $57,104Net Income 2019: -$1,8002019Revenue 2020: $50,867Expenses 2020: $38,337Net Income 2020: $12,5302020Revenue 2021: $22,569Expenses 2021: $27,837Net Income 2021: -$5,2682021Revenue 2022: $33,087Expenses 2022: $45,414Net Income 2022: -$12,3272022

Highlighted filing

2021

Revenue$22,569
Expenses$27,837
Net Income-$5,268
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 11, 2022
Return Version
2020v4.0
Gross Receipts
$39,006
Mission and Program Overview

Mission

To promote the common business interersts of those engaged in disability and risk management and health care distribution system.to advance public knowledge for the need and benefit of disability income and/or helath insurance products.to promote the adoption and application of the highest standards of ethical conduct in the health insurance industry.to provide and promote a program of continuing education and self-imprrovemtne of svahu members.to increase the knowledge of members concerning the principles, functions and applications of health insurance and disability products.to promote education, legislation, regulation, and practices which are in the best interest of the health insurance industry and the insuring public.to encourage adequate protection against the hazards of disability as part of a well-rounded insurance program.

Program Services

DescriptionGrantsExpenses
TO EDUCATE AND PROVIDE A FORUM FOR MEMBERS IN THE SILICON VALLEY HEALTH UNDERWRITERS PROFESSION--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK JAUHALPresident-$0--
SUSY SPACKMANSecretary-$0--
GINA POONTreasurer-$0--
KAREN GROGGLeg Chair-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$20,795$20,795$16,437$4,358
Total Events$20,795$20,795$16,437$4,358
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Silicon Valley Association
EIN
77-0477306
Phone
9162394099
Address
2520 VENTURE OAKS WAY 150, SACRAMENTO, CA 95833

Signing Officer

Name
Nick Jauhal
Title
President
Signed
2022-02-11
Discuss with paid preparer
Yes

Preparer

Firm
Shaw Accountancy Corporation
Address
3416 American River Dr Ste A, Sacramento, CA 95864
Preparer
John Shaw
Phone
9169200222
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1639

Other Expenses.1007

Conferences, Conventions, and Meetings $4988

Other Expenses.1012

Insurance $2141

Other Expenses.1

DONATIONS $3000

Other Expenses.2

BANK CHARGES $1242

Other Expenses.3

TELEPHONE $325

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $4030

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $7610 Prepaid Expenses and Deferred Charges - Ending $1098

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1140 Accounts Payable and Accrued Expenses - Ending $2412

Total Liabilities.1003

Deferred Revenue - Beginning $1950 Deferred Revenue - Ending $0

Raw XML Appendix155 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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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE COMMON BUSINESS INTERERSTS OF THOSE ENGAGED IN DISABILITY AND RISK MANAGEMENT AND HEALTH CARE DISTRIBUTION SYSTEM.TO ADVANCE PUBLIC KNOWLEDGE FOR THE NEED AND BENEFIT OF DISABILITY INCOME AND/OR HELATH INSURANCE PRODUCTS.TO PROMOTE THE ADOPTION AND APPLICATION OF THE HIGHEST STANDARDS OF ETHICAL CONDUCT IN THE HEALTH INSURANCE INDUSTRY.TO PROVIDE AND PROMOTE A PROGRAM OF CONTINUING EDUCATION AND SELF-IMPRROVEMTNE OF SVAHU MEMBERS.TO INCREASE THE KNOWLEDGE OF MEMBERS CONCERNING THE PRINCIPLES, FUNCTIONS AND APPLICATIONS OF HEALTH INSURANCE AND DISABILITY PRODUCTS.TO PROMOTE EDUCATION, LEGISLATION, REGULATION, AND PRACTICES WHICH ARE IN THE BEST INTEREST OF THE HEALTH INSURANCE INDUSTRY AND THE INSURING PUBLIC.TO ENCOURAGE ADEQUATE PROTECTION AGAINST THE HAZARDS OF DISABILITY AS PART OF A WELL-ROUNDED INSURANCE PROGRAM.
IRS990EZ/PrintingPublicationsPostageAmt022
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016437
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1639
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATIONS $3000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $1242
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE $325
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable - Beginning $0 Accounts Receivable - Ending $4030
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Prepaid Expenses and Deferred Charges - Beginning $7610 Prepaid Expenses and Deferred Charges - Ending $1098
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $1140 Accounts Payable and Accrued Expenses - Ending $2412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Deferred Revenue - Beginning $1950 Deferred Revenue - Ending $0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
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ReturnHeader/PreparerPersonGrp/PhoneNum09169200222
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ReturnHeader/ReturnTs02022-02-11T16:58:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings