Civic Intelligence

International Transmission Company

EIN 81-0596181 • 501(c)9 • Novi, MI

View Organization Page

Profile

The trust was established to pre-fund retirement health care and life insurance expenses for the company's employees.

27175 Energy Way Tax DepartmentNovi, MI 48377

n/A

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

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

501(c)9 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)9 • $100M-$250M nonprofits • Source year 2024

Net Margin

87th percentile

39%

Higher net margin than 87% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

501(c)9 • $100M-$250M nonprofits • Source year 2024

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-8.4%

Faster revenue growth than 12% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$123,736,653

Up $11,381,890 (+10%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$123,736,653

Up $11,381,890 (+10%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin87th percentile

Revenue

Down

$4,248,078

Down $391,084 (-8.4%) from 2023

Expenses

Up

$2,581,746

Up $778,252 (+43%) from 2023

Net Income

Down

$1,666,332

Down $1,169,336 (-41%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$150M$100M$50M$0Assets 2011: $9,676,941Liabilities 2011: $0Net Assets 2011: $9,676,9412011Assets 2012: $14,347,298Liabilities 2012: $0Net Assets 2012: $14,347,2982012Assets 2013: $17,030,793Liabilities 2013: $0Net Assets 2013: $17,030,7932013Assets 2014: $23,604,865Liabilities 2014: $0Net Assets 2014: $23,604,8652014Assets 2015: $31,650,001Liabilities 2015: $0Net Assets 2015: $31,650,0012015Assets 2016: $39,860,429Liabilities 2016: $0Net Assets 2016: $39,860,4292016Assets 2017: $50,942,443Liabilities 2017: $0Net Assets 2017: $50,942,4432017Assets 2018: $56,623,938Liabilities 2018: $0Net Assets 2018: $56,623,9382018Assets 2019: $74,262,956Liabilities 2019: $0Net Assets 2019: $74,262,9562019Assets 2020: $94,754,867Liabilities 2020: $0Net Assets 2020: $94,754,8672020Assets 2021: $111,340,264Liabilities 2021: $0Net Assets 2021: $111,340,2642021Assets 2022: $97,519,450Liabilities 2022: $0Net Assets 2022: $97,519,4502022Assets 2023: $112,354,763Liabilities 2023: $0Net Assets 2023: $112,354,7632023Assets 2024: $123,736,653Liabilities 2024: $0Net Assets 2024: $123,736,6532024

Highlighted filing

2024

Assets$123,736,653
Liabilities$0
Net Assets$123,736,653
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

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

$15M$10M$5.0M$0Revenue 2011: $2,790,002Expenses 2011: $0Net Income 2011: $2,790,0022011Revenue 2012: $3,874,884Expenses 2012: $0Net Income 2012: $3,874,8842012Revenue 2013: $1,055,149Expenses 2013: $0Net Income 2013: $1,055,1492013Revenue 2014: $5,644,348Expenses 2014: $0Net Income 2014: $5,644,3482014Revenue 2015: $8,432,212Expenses 2015: $5,099Net Income 2015: $8,427,1132015Revenue 2016: $7,270,315Expenses 2016: $776,102Net Income 2016: $6,494,2132016Revenue 2017: $7,934,843Expenses 2017: $852,097Net Income 2017: $7,082,7462017Revenue 2018: $9,184,707Expenses 2018: $1,006,790Net Income 2018: $8,177,9172018Revenue 2019: $9,374,986Expenses 2019: $1,221,999Net Income 2019: $8,152,9872019Revenue 2020: $11,657,417Expenses 2020: $1,521,899Net Income 2020: $10,135,5182020Revenue 2021: $9,556,920Expenses 2021: $1,426,860Net Income 2021: $8,130,0602021Revenue 2022: $7,345,451Expenses 2022: $1,762,043Net Income 2022: $5,583,4082022Revenue 2023: $4,639,162Expenses 2023: $1,803,494Net Income 2023: $2,835,6682023Revenue 2024: $4,248,078Expenses 2024: $2,581,746Net Income 2024: $1,666,3322024

Highlighted filing

2024

Revenue$4,248,078
Expenses$2,581,746
Net Income$1,666,332
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$123,736,653
Liabilities
$0
Net assets
$123,736,653
Revenue
$4,248,078
Expenses
$2,581,746
Net income
$1,666,332
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$124$0.00$124$4.25$2.58$1.67
2023Detailed filing. Detailed filing data is available for this year.$112$0.00$112$4.64$1.80$2.84
2022Detailed filing. Detailed filing data is available for this year.$97.5$0.00$97.5$7.35$1.76$5.58
2021Detailed filing. Detailed filing data is available for this year.$111$0.00$111$9.56$1.43$8.13
2020Detailed filing. Detailed filing data is available for this year.$94.8$0.00$94.8$11.7$1.52$10.1
2019Summary only. Only limited summary data is available for this year.$74.3$0.00$74.3$9.37$1.22$8.15
2018Summary only. Only limited summary data is available for this year.$56.6$0.00$56.6$9.18$1.01$8.18
2017Summary only. Only limited summary data is available for this year.$50.9$0.00$50.9$7.93$0.85$7.08
2016Summary only. Only limited summary data is available for this year.$39.9$0.00$39.9$7.27$0.78$6.49
2015Summary only. Only limited summary data is available for this year.$31.7$0.00$31.7$8.43$0.01$8.43
2014Summary only. Only limited summary data is available for this year.$23.6$0.00$23.6$5.64$0.00$5.64
2013Summary only. Only limited summary data is available for this year.$17.0$0.00$17.0$1.06$0.00$1.06
2012Summary only. Only limited summary data is available for this year.$14.3$0.00$14.3$3.87$0.00$3.87
2011Summary only. Only limited summary data is available for this year.$9.68$0.00$9.68$2.79$0.00$2.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$13,556,917
Mission and Program Overview

Mission

The trust was established to pre-fund retirement health care and life insurance expenses for the company's employees.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$112,354,763$123,736,653▲ $11,381,890
Rtn Earn Endowment Incm Other Fnds$112,354,763$123,736,653▲ $11,381,890
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$112,354,763$123,736,653▲ $11,381,890
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$112,354,763$123,736,653▲ $11,381,890
Total Liabilities and Net Assets / Fund Balance$112,354,763$123,736,653▲ $11,381,890
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
State Street Bank and Trust CompanyNa

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$374,817
Investment Income
$3,873,261
Other Revenue
$0
Change in Net Assets
$1,666,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,385,897
Other Expenses$195,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Employee Benefits$2,385,897--$2,385,897
Fees for Services Other$135,393--$135,393
Fees for Service Investment Mgmnt Fees-$60,456-$60,456
Total Functional Expenses$2,521,290$60,456$0$2,581,746
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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:

“The draft Form 990 is shared with select individuals of the Retirement Benefits Board of the sponsoring organization. If there are any discrepancies of the reported information, they are communicated and discussed for resolution for any agreed upon required changes.”

Form 990, Part VI, Section C, Line 19:

“The Organization does not make these items available to the public except in the course of normal administrative activities such as the filing of government forms which are open to public inspection.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc:

“State street bank and trust company - one lincoln street, boston, ma 02111”

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

“The Conflict of Interest policy of the sponsoring organization requires all Directors and Officers to annually certify in writing that they are in compliance with the policy.”

Form 990, Part VI, Section B, Lines 15A and 15B:

“ITC's compensation process utilizes a benchmark approach and philosophy. Pay Governance provides comparison market data and advisory services which is reviewed by the Governance and Human Resources Committee of the Board of Directors for compensation recommendations. CEO compensation is reviewed and approved by the Fortis Board of Directors.”

Filing and Contact Details

Filer

Filer Name
International Transmission Company
EIN
81-0596181
In Care Of
% AMY PERLMAN
Phone
2489463450
Address
27175 ENERGY WAY TAX DEPARTMENT, NOVI, MI 48377

Signing Officer

Name
Amy Perlman
Title
V.p. & C.a.o.
Phone
2489463450
Signed
2025-11-06

Organization Details

Principal Officer
Amy Perlman
Formed
2003
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1, Description of Organization Mission:

“The trust was established to pre-fund retirement health care and life insurance expenses for the Company's employees.”

Form 990, Part XI, Line 5, Changes in Net Assets:

“Net unrealized gains on investments: $9,715,558”

Raw XML Appendix373 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0See Schedule O
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0AMY PERLMAN
IRS990/BooksInCareOfDetail/PhoneNum02489463450
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt027175 ENERGY WAY TAX DEPARTMENT
IRS990/BooksInCareOfDetail/USAddress/CityNm0NOVI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048377
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0NONE
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03873261
IRS990/CYOtherExpensesAmt0195849
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0374817
IRS990/CYRevenuesLessExpensesAmt01666332
IRS990/CYSalariesCompEmpBnftPaidAmt02385897
IRS990/CYTotalExpensesAmt02581746
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04248078
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Trust was established to pre-fund retirement health care and life insurance expenses for the company's employees.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0135393
IRS990/FeesForServicesOtherGrp/TotalAmt0135393
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt060456
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt060456
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0State Street Bank and Trust Company
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0NA
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0919369
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010228208
IRS990/GrossReceiptsAmt013556917
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02953892
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt02953892
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0112354763
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0123736653
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09308839
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE TRUST WAS ESTABLISHED TO PRE-FUND RETIREMENT HEALTH CARE AND LIFE INSURANCE EXPENSES FOR THE COMPANY'S EMPLOYEES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0112354763
IRS990/NetAssetsOrFundBalancesEOYAmt0123736653
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0919369
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0919369
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt03748165
IRS990/NetUnrlzdGainsLossesInvstAmt09715558
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02385897
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02385897
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0AMY PERLMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525920
IRS990/ProgramServiceRevenueGrp/BusinessCd1525920
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1RETIREE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1374817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1374817
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03199673
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt053884
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01439489
IRS990/PYRevenuesLessExpensesAmt02835668
IRS990/PYSalariesCompEmpBnftPaidAmt01749610
IRS990/PYTotalExpensesAmt01803494
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04639162
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01666332
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0374817
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0112354763
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0123736653
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The trust was established to pre-fund retirement health care and life insurance expenses for the Company's employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The draft Form 990 is shared with select individuals of the Retirement Benefits Board of the sponsoring organization. If there are any discrepancies of the reported information, they are communicated and discussed for resolution for any agreed upon required changes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization does not make these items available to the public except in the course of normal administrative activities such as the filing of government forms which are open to public inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STATE STREET BANK AND TRUST COMPANY - ONE LINCOLN STREET, BOSTON, MA 02111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Conflict of Interest policy of the sponsoring organization requires all Directors and Officers to annually certify in writing that they are in compliance with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Net unrealized gains on investments: $9,715,558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ITC's compensation process utilizes a benchmark approach and philosophy. Pay Governance provides comparison market data and advisory services which is reviewed by the Governance and Human Resources Committee of the Board of Directors for compensation recommendations. CEO compensation is reviewed and approved by the Fortis Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1, Description of Organization Mission:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VII Contact Addresses for Officers, Directors, Etc:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 5, Changes in Net Assets:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Lines 15a and 15b:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0810596181
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Electrical Tr
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0International Transmission Company
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt027175 Energy Way
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Novi
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd048377
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0374817
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0International Transmission Company
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0112354763
IRS990/TotalAssetsEOYAmt0123736653
IRS990/TotalAssetsGrp/BOYAmt0112354763
IRS990/TotalAssetsGrp/EOYAmt0123736653
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt060456
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02521290
IRS990/TotalFunctionalExpensesGrp/TotalAmt02581746
IRS990/TotalGrossUBIAmt03873261
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112354763
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0123736653
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0374817
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0374817
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04248078
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03873261
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112354763
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0123736653
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt027175 ENERGY WAY TAX DEPARTMENT
IRS990/USAddress/CityNm0NOVI
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048377
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY PERLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0V.P. & C.A.O.
ReturnHeader/BusinessOfficerGrp/PhoneNum02489463450
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL TRANSMISSION COMPANY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RETIREE BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0810596181
ReturnHeader/Filer/InCareOfNm0% AMY PERLMAN
ReturnHeader/Filer/PhoneNum02489463450
ReturnHeader/Filer/USAddress/AddressLine1Txt027175 ENERGY WAY TAX DEPARTMENT
ReturnHeader/Filer/USAddress/CityNm0NOVI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048377
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-11-10T12:46:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.