Civic Intelligence

Retiree'S Welfare Trust

990 • Fiscal year 2016 • EIN 91-6065367

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 23, 2017

Organization ProfileN/A

View Organization Page

2323 Eastlake Ave EastSeattle, WA 98102

(206) 329-4900

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.08x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.16x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2016

Net Margin

69th percentile

9.2%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2016 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2016

Asset Growth

58th percentile

5.6%

Faster asset growth than 58% of similar nonprofits.

2016 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

1.5%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$62,021,689

Up $3,302,714 (+5.6%) from 2015

Net Assets

Up

$57,076,313

Up $3,310,770 (+6.2%) from 2015

Liabilities

Down

$4,945,376

Down $8,056 (-0.2%) from 2015

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin69th percentile

Revenue

Up

$31,495,323

Up $473,602 (+1.5%) from 2015

Expenses

Up

$28,602,292

Up $1,708,301 (+6.4%) from 2015

Net Income

Down

$2,893,031

Down $1,234,699 (-30%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$200M$150M$100M$50M$0Assets 2010: $40,579,729Liabilities 2010: $6,550,689Net Assets 2010: $34,029,0402010Assets 2011: $42,774,037Liabilities 2011: $5,857,550Net Assets 2011: $36,916,4872011Assets 2012: $46,923,771Liabilities 2012: $5,228,072Net Assets 2012: $41,695,6992012Assets 2013: $50,820,343Liabilities 2013: $5,315,233Net Assets 2013: $45,505,1102013Assets 2014: $55,147,761Liabilities 2014: $5,488,988Net Assets 2014: $49,658,7732014Assets 2015: $58,718,975Liabilities 2015: $4,953,432Net Assets 2015: $53,765,5432015Assets 2016: $62,021,689Liabilities 2016: $4,945,376Net Assets 2016: $57,076,3132016Assets 2017: $64,981,829Liabilities 2017: $5,067,369Net Assets 2017: $59,914,4602017Assets 2018: $66,484,264Liabilities 2018: $5,114,410Net Assets 2018: $61,369,8542018Assets 2019: $80,896,989Liabilities 2019: $4,772,131Net Assets 2019: $76,124,8582019Assets 2020: $97,777,796Liabilities 2020: $4,889,171Net Assets 2020: $92,888,6252020Assets 2021: $113,632,369Liabilities 2021: $5,559,484Net Assets 2021: $108,072,8852021Assets 2022: $116,226,888Liabilities 2022: $5,568,733Net Assets 2022: $110,658,1552022Assets 2023: $133,326,281Liabilities 2023: $4,872,904Net Assets 2023: $128,453,3772023Assets 2024: $156,828,774Liabilities 2024: $4,153,999Net Assets 2024: $152,674,7752024

Highlighted filing

2016

Assets$62,021,689
Liabilities$4,945,376
Net Assets$57,076,313
Open 2016 Filing

Operations Trend

Revenue Growth42nd percentile

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

$60M$40M$20M$0Expenses 2010: $25,257,6492010Expenses 2011: $27,953,9422011Expenses 2012: $25,597,6152012Revenue 2013: $30,608,522Expenses 2013: $26,206,836Net Income 2013: $4,401,6862013Revenue 2014: $30,796,544Expenses 2014: $26,898,471Net Income 2014: $3,898,0732014Revenue 2015: $31,021,721Expenses 2015: $26,893,991Net Income 2015: $4,127,7302015Revenue 2016: $31,495,323Expenses 2016: $28,602,292Net Income 2016: $2,893,0312016Revenue 2017: $31,829,056Expenses 2017: $30,133,015Net Income 2017: $1,696,0412017Revenue 2018: $32,263,022Expenses 2018: $30,310,927Net Income 2018: $1,952,0952018Revenue 2019: $42,470,272Expenses 2019: $30,509,211Net Income 2019: $11,961,0612019Revenue 2020: $43,337,498Expenses 2020: $29,200,496Net Income 2020: $14,137,0022020Revenue 2021: $46,106,899Expenses 2021: $32,702,210Net Income 2021: $13,404,6892021Revenue 2022: $50,830,349Expenses 2022: $37,391,371Net Income 2022: $13,438,9782022Revenue 2023: $52,482,151Expenses 2023: $40,352,250Net Income 2023: $12,129,9012023Revenue 2024: $55,314,894Expenses 2024: $32,635,729Net Income 2024: $22,679,1652024

Highlighted filing

2016

Revenue$31,495,323
Expenses$28,602,292
Net Income$2,893,031
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$37,496,722
Mission and Program Overview

Mission

Welfare benefits to participants

To provide health benefits for retired employees who meet the eligibility rules in effect when they retire and/or qualified members of their family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$53,765,543$57,076,313▲ $3,310,770
Investments in Publicly Traded Securities$44,713,370$49,218,390▲ $4,505,020
Investments Other Securities$12,117,438$10,609,517▼ $1,507,921
Accounts Receivable$1,295,113$1,364,826▲ $69,713
Savings and Temporary Cash Investments-$815,586-
Cash and Non-Interest-Bearing Accounts$576,387$0▼ $576,387
Prepaid Expenses and Deferred Charges$16,667$13,370▼ $3,297
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$58,718,975$62,021,689▲ $3,302,714
Other Assets Total-$0-
Liabilities
Other Liabilities$2,700,000$2,800,000▲ $100,000
Accounts Payable and Accrued Expenses$2,253,432$2,145,376▼ $108,056
Total Liabilities$4,953,432$4,945,376▼ $8,056
Net Assets / Fund Balance
Total Net Assets Fund Balance$53,765,543$57,076,313▲ $3,310,770
Total Liabilities and Net Assets / Fund Balance$58,718,975$62,021,689▲ $3,302,714
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Joe TessierChairman
Doug RuygrokTrustee
Steve ManuszakTrustee
Steven C ChandlerTrustee
Ted BunstineTrustee
Brian D IsomSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Northwest Administrators Inc-2323 Eastlake Avenue E, Seattle, WA 98102-3393$2,701,784
CVSCaremark-PO Box 6590, Lees Summit, MO 64064-6590$2,567,234
Silverscript Insurance-PO Box 52067, Phoenix, AZ 85072-2067$2,097,882
Medimpact Healthcare Systems Inc-3882 Salinas Drive, Salt Lake City, UT 84065$1,310,484
Willamette Dental of WA Inc-6950 NE Campus Way, Hillsboro, OR 97124$805,811
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$30,748,560
Investment Income
$746,763
Other Revenue
$0
Change in Net Assets
$2,893,031

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,355,732
Revenue Not Reported on Financial Statements
$139,591
Revenue Not Reported on Form 990
$417,739
Total Revenue per Audited Statements
$31,773,471
Total Revenue per Form 990
$31,495,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,210,975
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---$25,391,317
Fees for Services Management---$2,627,964
Fees for Services Other---$322,303
Fees for Service Investment Mgmnt Fees---$139,591
Fees for Services Accounting---$59,622
Insurance---$15,954
Fees for Services Legal---$10,272
Other Expenses---$1,985
Total Functional Expenses$0$0$0$28,602,292

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,602,292
Expenses per Audited Statements$28,144,877
Total Expenses per Audited Statements$28,144,877
Expenses Not Reported on Financial Statements$457,415
Other Expense Adjustments$317,824
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Claims Incurred but Not Reported$2,800,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“The board of trustees has selected a professional third party administrator to run the day to day operations of the trust. The board of trustees retains ultimate responsibility for the actions of the third party administrator.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Management monitors policy for conflicts of interest by reviewing annually.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Examine without charge at the Plan Administrators Office and at union halls of all Plan documents including insurance contracts, collective bargaining agreements, and copies of all documents filed with the U.S. Department of Labor, such as annual reports and Plan description. Obtain copies of all Plan documents and other Plan information upon a written request to the Plan Administrator. The Administrator may make a reasonable charge for the copies. Receive a summary of the Plans annual financial report. The Plan Administrator is required by law to furnish each participant with a copy of this summary financial report.”

Filing and Contact Details

Filer

Filer Name
Retirees Welfare Trust
EIN
91-6065367
Phone
2063294900
Address
2323 EASTLAKE AVE EAST, SEATTLE, WA 98102

Signing Officer

Name
Joe Tessier
Title
Chairman
Signed
2017-10-23
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Anastasi Moore & Martin Pllc
Address
9 South Washington St STE 600, Spokane, WA 99201-3709
Preparer
Paul J Anastasi CPA
Phone
5093230272
Supplemental Narrative

Additional Explanations

Client Note 1

“Client Note 1 - Schedule R Part V "other amounts from related organizations" represent contributions by employers into the plan for the beneift of their employees”

Financial Statement Notes

Part X : FIN48 Footnote

“The trust established under the Plan to hold the Plans assets is qualified pursuant to the appropriate section of the Internal Revenue Code (IRC) and, accordingly, the trusts net investment income is exempt from income taxes. The Plan has obtained a favorable determination letter from the IRS, but has since been amended. However, the Plan administrator believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC. Therefore, they believe that the Plan is qualified and the related trust is tax-exempt as of the financial statement date. Accordingly, no provision for income taxes has been included in the Plans financial statements.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 plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan and has concluded that as of December 31, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of the liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions and the Plan could be subject to income tax if certain issues were found by the IRS that could result in the disqualification of the Plans tax-exempt status; however, there are currently no audits for any tax periods in progress.”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Total current benefit obligations CY $3156684 Total current benefit obligations PY $-2838860”

Raw XML AppendixShowing 400 of 439 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/InvestmentsPubTradedSecGrp/EOYAmt049218390
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide health benefits for retired employees who meet the eligibility rules in effect when they retire and/or qualified members of their family.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt053765543
IRS990/NetAssetsOrFundBalancesEOYAmt057076313
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1399
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1399
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0417739
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1programming fees
IRS990/OtherExpensesGrp/Desc2Meeting
IRS990/OtherExpensesGrp/Desc3other
IRS990/OtherExpensesGrp/TotalAmt022112
IRS990/OtherExpensesGrp/TotalAmt17627
IRS990/OtherExpensesGrp/TotalAmt23545
IRS990/OtherExpensesGrp/TotalAmt31985
IRS990/OtherLiabilitiesGrp/BOYAmt02700000
IRS990/OtherLiabilitiesGrp/EOYAmt02800000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016667
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013370
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1RETIREE SELF-PAY CONTRIBU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013613753
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117134807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013613753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117134807
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt023713885
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0568392
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03180106
IRS990/PYProgramServiceRevenueAmt030453329
IRS990/PYRevenuesLessExpensesAmt04127730
IRS990/PYTotalExpensesAmt026893991
IRS990/PYTotalRevenueAmt031021721
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02893031
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt053765543
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt057076313
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0815586
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0457415
IRS990ScheduleD/ExpensesSubtotalAmt028144877
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0139591
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0139591
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0417739
IRS990ScheduleD/OtherExpensesNotIncludedAmt0317824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02800000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Claims Incurred but Not Reported
IRS990ScheduleD/RevenueNotReportedAmt0417739
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0139591
IRS990ScheduleD/RevenueSubtotalAmt031355732
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The trust established under the Plan to hold the Plans assets is qualified pursuant to the appropriate section of the Internal Revenue Code (IRC) and, accordingly, the trusts net investment income is exempt from income taxes. The Plan has obtained a favorable determination letter from the IRS, but has since been amended. However, the Plan administrator believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC. Therefore, they believe that the Plan is qualified and the related trust is tax-exempt as of the financial statement date. Accordingly, no provision for income taxes has been included in the Plans financial statements.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 plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan and has concluded that as of December 31, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of the liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions and the Plan could be subject to income tax if certain issues were found by the IRS that could result in the disqualification of the Plans tax-exempt status; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Total current benefit obligations CY $3156684 Total current benefit obligations PY $-2838860
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueSecuritiesAmt010609517
IRS990ScheduleD/TotalExpensesPerForm990Amt028602292
IRS990ScheduleD/TotalLiabilityAmt02800000
IRS990ScheduleD/TotalRevenuePerForm990Amt031495323
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt031773471
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028144877
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Schedule R Part V "other amounts from related organizations" represent contributions by employers into the plan for the beneift of their employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of trustees has selected a professional third party administrator to run the day to day operations of the trust. The board of trustees retains ultimate responsibility for the actions of the third party administrator.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management monitors policy for conflicts of interest by reviewing annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Examine without charge at the Plan Administrators Office and at union halls of all Plan documents including insurance contracts, collective bargaining agreements, and copies of all documents filed with the U.S. Department of Labor, such as annual reports and Plan description. Obtain copies of all Plan documents and other Plan information upon a written request to the Plan Administrator. The Administrator may make a reasonable charge for the copies. Receive a summary of the Plans annual financial report. The Plan Administrator is required by law to furnish each participant with a copy of this summary financial report.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0See attached
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt02323 EASTLAKE AVE EAST
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Seattle
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd098102
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0See attached
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02323 EASTLAKE AVE EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Seattle
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0351514
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt110192975
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0See attached
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1See attached
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0s
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1s
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt058718975
IRS990/TotalAssetsEOYAmt062021689
IRS990/TotalAssetsGrp/BOYAmt058718975
IRS990/TotalAssetsGrp/EOYAmt062021689
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt028602292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04953432
IRS990/TotalLiabilitiesEOYAmt04945376
IRS990/TotalLiabilitiesGrp/BOYAmt04953432
IRS990/TotalLiabilitiesGrp/EOYAmt04945376
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053765543
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt057076313
IRS990/TotalProgramServiceRevenueAmt030748560
IRS990/TotalRevenueGrp/ExclusionAmt0748162
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt030747161

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,021,689
Liabilities
$4,945,376
Net assets
$57,076,313
Revenue
$31,495,323
Expenses
$28,602,292
Net income
$2,893,031
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$157$4.15$153$55.3$32.6$22.7
2023Detailed filing. Detailed filing data is available for this year.$133$4.87$128$52.5$40.4$12.1
2022Detailed filing. Detailed filing data is available for this year.$116$5.57$111$50.8$37.4$13.4
2021Detailed filing. Detailed filing data is available for this year.$114$5.56$108$46.1$32.7$13.4
2020Detailed filing. Detailed filing data is available for this year.$97.8$4.89$92.9$43.3$29.2$14.1
2019Detailed filing. Detailed filing data is available for this year.$80.9$4.77$76.1$42.5$30.5$12.0
2018Detailed filing. Detailed filing data is available for this year.$66.5$5.11$61.4$32.3$30.3$1.95
2017Detailed filing. Detailed filing data is available for this year.$65.0$5.07$59.9$31.8$30.1$1.70
2016Detailed filing. Detailed filing data is available for this year.$62.0$4.95$57.1$31.5$28.6$2.89
2015Detailed filing. Detailed filing data is available for this year.$58.7$4.95$53.8$31.0$26.9$4.13
2014Detailed filing. Detailed filing data is available for this year.$55.1$5.49$49.7$30.8$26.9$3.90
2013Detailed filing. Detailed filing data is available for this year.$50.8$5.32$45.5$30.6$26.2$4.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.9$5.23$41.7$25.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.8$5.86$36.9$28.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.6$6.55$34.0$25.3