Civic Intelligence

Association Healthcare Consortium Inc

EIN 82-1170686 • 501(c)9 • Louisville, KY

View Organization Page

Profile

To provide health coverage to participating employers and their respective employees.

600 West Main StreetLouisville, KY 40202

www.kybanks.com

Siviq Scores

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

Liabilities / Assets

70th percentile

0.15x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.10x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Net Margin

38th percentile

1.6%

Higher net margin than 38% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

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

501(c)9 • $25M-$50M nonprofits • Source year 2024

Asset Growth

49th percentile

6.8%

Faster asset growth than 49% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

29%

Faster revenue growth than 86% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$21,091,182

Up $1,340,120 (+6.8%) from 2023

Liabilities

Up

$3,187,569

Up $70,535 (+2.3%) from 2023

Net Assets

Up

$17,903,613

Up $1,269,585 (+7.6%) from 2023

Operations
Liabilities / Revenue64th percentileNet Margin38th percentile

Revenue

Up

$32,470,350

Up $7,334,433 (+29%) from 2023

Expenses

Up

$31,946,773

Up $8,995,735 (+39%) from 2023

Net Income

Down

$523,577

Down $1,661,302 (-76%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$30M$20M$10M$0Assets 2017: $6,132,513Liabilities 2017: $3,609,415Net Assets 2017: $2,523,0982017Assets 2018: $5,385,127Liabilities 2018: $3,131,537Net Assets 2018: $2,253,5902018Assets 2019: $7,327,705Liabilities 2019: $4,401,850Net Assets 2019: $2,925,8552019Assets 2020: $10,728,152Liabilities 2020: $4,294,620Net Assets 2020: $6,433,5322020Assets 2021: $14,764,918Liabilities 2021: $3,877,008Net Assets 2021: $10,887,9102021Assets 2022: $16,877,811Liabilities 2022: $2,735,669Net Assets 2022: $14,142,1422022Assets 2023: $19,751,062Liabilities 2023: $3,117,034Net Assets 2023: $16,634,0282023Assets 2024: $21,091,182Liabilities 2024: $3,187,569Net Assets 2024: $17,903,6132024

Highlighted filing

2024

Assets$21,091,182
Liabilities$3,187,569
Net Assets$17,903,613
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2017: $28,446,935Expenses 2017: $28,853,219Net Income 2017: -$406,2842017Revenue 2018: $29,686,137Expenses 2018: $29,947,946Net Income 2018: -$261,8092018Revenue 2019: $29,818,868Expenses 2019: $29,162,420Net Income 2019: $656,4482019Revenue 2020: $28,019,040Expenses 2020: $24,525,314Net Income 2020: $3,493,7262020Revenue 2021: $28,955,567Expenses 2021: $24,835,016Net Income 2021: $4,120,5512021Revenue 2022: $23,556,084Expenses 2022: $19,904,919Net Income 2022: $3,651,1652022Revenue 2023: $25,135,917Expenses 2023: $22,951,038Net Income 2023: $2,184,8792023Revenue 2024: $32,470,350Expenses 2024: $31,946,773Net Income 2024: $523,5772024

Highlighted filing

2024

Revenue$32,470,350
Expenses$31,946,773
Net Income$523,577
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$21,091,182
Liabilities
$3,187,569
Net assets
$17,903,613
Revenue
$32,470,350
Expenses
$31,946,773
Net income
$523,577
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.1$3.19$17.9$32.5$31.9$0.52
2023Detailed filing. Detailed filing data is available for this year.$19.8$3.12$16.6$25.1$23.0$2.18
2022Detailed filing. Detailed filing data is available for this year.$16.9$2.74$14.1$23.6$19.9$3.65
2021Detailed filing. Detailed filing data is available for this year.$14.8$3.88$10.9$29.0$24.8$4.12
2020Detailed filing. Detailed filing data is available for this year.$10.7$4.29$6.43$28.0$24.5$3.49
2019Detailed filing. Detailed filing data is available for this year.$7.33$4.40$2.93$29.8$29.2$0.66
2018Detailed filing. Detailed filing data is available for this year.$5.39$3.13$2.25$29.7$29.9$0.26
2017Summary only. Only limited summary data is available for this year.$6.13$3.61$2.52$28.4$28.9$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$32,470,350
Mission and Program Overview

Mission

To provide health coverage to participating employers and their respective employees.

Provide healthcare benefits to eligible employees and their eligible spouses/dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,858,380$19,259,919▲ $4,401,539
Savings and Temporary Cash Investments$110,690$999,376▲ $888,686
Cash and Non-Interest-Bearing Accounts$4,771,782$821,925▼ $3,949,857
Prepaid Expenses and Deferred Charges$10,210$9,962▼ $248
Total Assets$19,751,062$21,091,182▲ $1,340,120
Liabilities
Accounts Payable and Accrued Expenses$3,117,034$3,187,569▲ $70,535
Total Liabilities$3,117,034$3,187,569▲ $70,535
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,634,028$17,903,613▲ $1,269,585
Total Net Assets Fund Balance$16,634,028$17,903,613▲ $1,269,585
Total Liabilities and Net Assets / Fund Balance$19,751,062$21,091,182▲ $1,340,120
Compensation and Service Providers
Top Officer Pay44th percentile

Board Members and Trustees

NameTitle
W Fred BrashearBoard of Trustees Chariman
Melissa KnightBoard of Trustees Member
Timothy E BarnesBoard of Trustees Member
Ballard W Cassady JrBoard of Trustees Treasure
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$31,658,295
Investment Income
$812,055
Other Revenue
$0
Change in Net Assets
$523,577

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,408,642
Revenue Not Reported on Financial Statements
$61,708
Revenue Not Reported on Form 990
$746,008
Total Revenue per Audited Statements
$33,154,650
Total Revenue per Form 990
$32,470,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,879
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$31,758,894--$31,758,894
Fees for Services Other$93,048--$93,048
Fees for Service Investment Mgmnt Fees$61,708--$61,708
Insurance$17,326--$17,326
Office Expenses$8,774--$8,774
Fees for Services Accounting$7,023--$7,023
Total Functional Expenses$31,946,773$0$0$31,946,773

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$31,946,773
Expenses per Audited Statements$31,823,893
Total Expenses per Audited Statements$31,823,893
Expenses Not Reported on Financial Statements$122,880
Other Expense Adjustments$61,172
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The organization has Participating Members - banks and other organizations that the trust provides health benefits to.”

Form 990, Part VI, Section A, line 7A

“The organization has Participating Members - banks and other organizations that the trust provides health benefits to, that have the power to elect officials.”

Form 990, Part VI, Section A, line 7B

“The organization has Participating Members - banks and other organizations that the trust provides benefits to, that are involved in govenernance decisions.”

Form 990, Part VI, Section A, line 8B

“There are no committees, other than the governing body.”

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

“Form 990 is sent to and reviewed by the governing body prior to being filed.”

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

“The governing body is questioned on a annual basis.”

Form 990, Part VI, Section C, line 19

“Forms are available upon request.”

Filing and Contact Details

Filer

Filer Name
Association Healthcare Consortium Inc
EIN
82-1170686
Phone
5025822453
Address
600 West Main Street, Louisville, KY 40202
Doing Business As
KBA Benefits Trust

Signing Officer

Name
Matthew E Vance
Title
CFO
Phone
5025822453
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew E Vance
Formed
2017
Legal Domicile
Ky
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Lbmc Pc
Address
325 West Main Street Ste 1600, Louisville, KY 40202
Preparer
Abigail Campbell
Phone
5025851600
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The process has not changed from prior year.”

Financial Statement Notes

Part X, Line 2:

“The Plan established to hold the assets is intended to qualify pursuant to Section 501(c)9 of the Internal Revenue Code ("IRC") and, accordingly, the Plan's net investment income is exempt from income taxes. The Internal Revenue Service ("IRS") has determined and informed the Plan by a letter dated September 5, 2019, that the Plan was designed in accordance with the applicable regulations of the IRC. Therefore, no provision for income taxes has been included in the Plan's financial statements. GAAP requires the Plan Administrator to evaluate tax positions taken by the Plan and recognize a tax liability for any uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by tax authorities, however there are currently no audits for any tax periods in progress.”

Part XII, Line 4B - Other Adjustments:

“Change in benefit obligation 61,172.”

Raw XML Appendix305 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/BOYAmt03117034
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03187569
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide healthcare benefits to eligible employees and their eligible spouses/dependents.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt031758894
IRS990/BenefitsToMembersGrp/TotalAmt031758894
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Matthew E Vance
IRS990/BooksInCareOfDetail/PhoneNum05025822453
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 West Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Louisville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040202
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt04771782
IRS990/CashNonInterestBearingGrp/EOYAmt0821925
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt031758894
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0812055
IRS990/CYOtherExpensesAmt0187879
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt031658295
IRS990/CYRevenuesLessExpensesAmt0523577
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt031946773
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt032470350
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Association Healthcare Consortium Inc. is a Multiple Employer Welfare Arrangement formed to provide health and welfare benefits to employees of unrelated employers. As of December 31, 2023 there were approximately 69 KY-based employers participating in this VEBA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0KBA Benefits Trust
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/ExpenseAmt031946773
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07023
IRS990/FeesForServicesAccountingGrp/TotalAmt07023
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt093048
IRS990/FeesForServicesOtherGrp/TotalAmt093048
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt061708
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt061708
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.05
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.05
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.05
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.05
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0W Fred Brashear
IRS990/Form990PartVIISectionAGrp/PersonNm1Ballard W Cassady Jr
IRS990/Form990PartVIISectionAGrp/PersonNm2Timothy E Barnes
IRS990/Form990PartVIISectionAGrp/PersonNm3Melissa Knight
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board of Trustees Chariman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board of Trustees Treasure
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board of Trustees Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board of Trustees Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt032470350
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt017326
IRS990/InsuranceGrp/TotalAmt017326
IRS990/InvestmentIncomeGrp/ExclusionAmt0812055
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0812055
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014858380
IRS990/InvestmentsPubTradedSecGrp/EOYAmt019259919
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide health coverage to participating employers and their respective employees.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016634028
IRS990/NetAssetsOrFundBalancesEOYAmt017903613
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0746008
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt016634028
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017903613
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt08774
IRS990/OfficeExpensesGrp/TotalAmt08774
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010210
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09962
IRS990/PrincipalOfficerNm0Matthew E Vance
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0Employer Premium
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt031658295
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031658295
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt022831135
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0458016
IRS990/PYOtherExpensesAmt0119903
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024677901
IRS990/PYRevenuesLessExpensesAmt02184879
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt022951038
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025135917
IRS990/ReconcilationRevenueExpnssAmt0523577
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt031658295
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0110690
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0999376
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0122880
IRS990ScheduleD/ExpensesSubtotalAmt031823893
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt061708
IRS990ScheduleD/InvestmentExpensesNotIncldAmt061708
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0746008
IRS990ScheduleD/OtherExpensesNotIncludedAmt061172
IRS990ScheduleD/RevenueNotReportedAmt0746008
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt061708
IRS990ScheduleD/RevenueSubtotalAmt032408642
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Plan established to hold the assets is intended to qualify pursuant to Section 501(c)9 of the Internal Revenue Code ("IRC") and, accordingly, the Plan's net investment income is exempt from income taxes. The Internal Revenue Service ("IRS") has determined and informed the Plan by a letter dated September 5, 2019, that the Plan was designed in accordance with the applicable regulations of the IRC. Therefore, no provision for income taxes has been included in the Plan's financial statements. GAAP requires the Plan Administrator to evaluate tax positions taken by the Plan and recognize a tax liability for any uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by tax authorities, however there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN BENEFIT OBLIGATION 61,172.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt031946773
IRS990ScheduleD/TotalRevenuePerForm990Amt032470350
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt033154650
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt031823893
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has Participating Members - banks and other organizations that the trust provides health benefits to.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has Participating Members - banks and other organizations that the trust provides health benefits to, that have the power to elect officials.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has Participating Members - banks and other organizations that the trust provides benefits to, that are involved in govenernance decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees, other than the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990 is sent to and reviewed by the governing body prior to being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing body is questioned on a annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Forms are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The process has not changed from prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part XII, Line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019751062
IRS990/TotalAssetsEOYAmt021091182
IRS990/TotalAssetsGrp/BOYAmt019751062
IRS990/TotalAssetsGrp/EOYAmt021091182
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt031946773
IRS990/TotalFunctionalExpensesGrp/TotalAmt031946773
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03117034
IRS990/TotalLiabilitiesEOYAmt03187569
IRS990/TotalLiabilitiesGrp/BOYAmt03117034
IRS990/TotalLiabilitiesGrp/EOYAmt03187569
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016634028
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017903613
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt031946773
IRS990/TotalProgramServiceRevenueAmt031658295
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0812055
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt031658295
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt032470350
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019751062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021091182
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 West Main Street
IRS990/USAddress/CityNm0Louisville
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040202
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.kybanks.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Matthew E Vance
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum05025822453
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Association Healthcare Consortium Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0dba KBA Benefits Trust
ReturnHeader/Filer/BusinessNameControlTxt0ASSO
ReturnHeader/Filer/EIN0821170686
ReturnHeader/Filer/PhoneNum05025822453
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 West Main Street
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621199757
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LBMC PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 West Main Street Ste 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040202
ReturnHeader/PreparerPersonGrp/PhoneNum05025851600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Abigail Campbell
ReturnHeader/ReturnTs02025-11-06T06:59:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.