Power Engineers Inc Employee Benefit Plan
990 • Fiscal year 2012 • EIN 90-0474836
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Flat$2,220,451
Flat from 2012
Net Assets
Flat$1,852,499
Flat from 2012
Liabilities
Flat$367,952
Flat from 2012
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$15,328,014
Flat from 2012
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Nov 15, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $15,207,987
Mission and Program Overview
Mission
None
Filing and Contact Details
Filer
- EIN
- 90-0474836
Raw XML Appendix282 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/ActivityOrMissionDescription | 0 | The trust provides medical, vision, and dental benefits to all full-time, part-time, and temporary employees of Power Engineers, Inc., who are 18 or more years of age and their dependents. |
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| IRS990/Description | 0 | Payment of medical, vision and dental claims for eligible employees and dependents under the Power Engineers, Inc. VEBA Trust. For the year ended December 31, 2012 the VEBA served the following participants: 1274 Active participants; 20 COBRA retired or separated participants receiving benefits; 14 retired or separated participants entitled to future benefits; and 9 COBRA retired or separated participants entitled to future benefits. |
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| IRS990/MissionDescription | 0 | None |
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| IRS990/NameOfPrincipalOfficerPerson | 0 | Jack Hand |
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| IRS990/NetAssetsOrFundBalancesEOY | 0 | 1852499 |
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| IRS990/ProgramServiceRevenue/Description | 0 | Employer Contributions |
| IRS990/ProgramServiceRevenue/Description | 1 | Employee Contributions |
| IRS990/ProgramServiceRevenue/Description | 2 | COBRA Contributions |
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| IRS990ScheduleD/ExpensesSubtotal | 0 | 15328014 |
| IRS990ScheduleD/FootnoteInPartXIII | 0 | X |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | On July 26, 2007, a Voluntary Employees Beneficiary Association Trust (Trust) was established under the Plan to hold certain plan assets. The Trust is intended to qualify, pursuant to IRC Section 501(c)(9) of the Internal Revenue Code, as a tax-exempt entity, and accordingly, the Trust's net investment income is exempt from income taxes. The Trust has obtained an exemption letter dated July 26, 2007 from the Internal Revenue Service, and the Company believes that the Trust, as amended, continues to qualify and to operate in accordance with the applicable requirements of the Internal Revenue Code. Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2012, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2009. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | Description of Uncertain Tax Positions Under FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference | 0 | Part X, Line 2: |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | There are no committees with the authority to act on behalf of the governing body. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | The Payroll & Benefits Manager will review a draft of the return. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | The governing documents and financial statements are not available to the general public. |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Form 990, Part VI, Section A, line 8b |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Form 990, Part VI, Section C, line 19 |
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| IRS990ScheduleR/Form990ScheduleRPartIV/PrimaryActivity | 0 | Engineering Consulting/VEBA sponsor |
| IRS990ScheduleR/Form990ScheduleRPartIV/TypeOfEntity | 0 | C |
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| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 83333 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | Heaven Walton |
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| IRS990/TotalExpensesCurrentYear | 0 | 15328014 |
| IRS990/TotalExpensesPriorYear | 0 | 11598061 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 15328014 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 2226 |
| IRS990/TotalLiabilities/BOY | 0 | 125235 |
| IRS990/TotalLiabilitiesBOY | 0 | 125235 |
| IRS990/TotalLiabilities/EOY | 0 | 367952 |
| IRS990/TotalLiabilitiesEOY | 0 | 367952 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 2097761 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 2220451 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNbrVolunteers | 0 | 0 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 1972526 |
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| IRS990/TotalOtherCompensation | 0 | 0 |
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| IRS990/TypeOfOrganizationTrust | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | 1 |
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| IRS990/WebSite | 0 | N/A |
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| IRS990/YearFormation | 0 | 2007 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/Filer/EIN | 0 | 900474836 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | Power Engineers Inc Employee Benefit Plan |
| ReturnHeader/Filer/NameControl | 0 | POWE |
| ReturnHeader/Filer/Phone | 0 | 2082886394 |
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| ReturnHeader/Filer/USAddress/State | 0 | ID |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 83333 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | 1 |
| ReturnHeader/Officer/DateSigned | 0 | 2013-11-15 |
| ReturnHeader/Officer/Name | 0 | Bret Moffett |
| ReturnHeader/Officer/Phone | 0 | 2082886394 |
| ReturnHeader/Officer/Title | 0 | CAO/Executive Vice President |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-11-14 |
| ReturnHeader/PreparerFirm/EIN | 0 | 450250958 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | EIDE BAILLY LLP |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 4310 17TH AVE S PO BOX 2545 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | FARGO |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | ND |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 581082545 |
| ReturnHeader/Preparer/Name | 0 | LISA CHAFFEE CPA |
| ReturnHeader/Preparer/Phone | 0 | 7012398500 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-11-15T14:47:28-06:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $2,220,451
- Liabilities
- $367,952
- Net assets
- $1,852,499
- Revenue
- -
- Expenses
- $15,328,014
- Net income
- -