Civic Intelligence

Alaska Public Utilities Insurance Trust

990 • Fiscal year 2017 • EIN 92-0065056

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 05, 2018

Organization ProfileN/A

View Organization Page

2525 C Street 205Anchorage, AK 99503

(907) 279-7203

Siviq Scores

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

Liabilities / Assets

89th percentile

0.59x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.18x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2017

Net Margin

56th percentile

7.2%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2017

Asset Growth

18th percentile

-6.7%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-0.9%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$1,533,453

Down $110,683 (-6.7%) from 2016

Net Assets

Up

$632,719

Up $336,559 (+114%) from 2016

Liabilities

Down

$900,734

Down $447,242 (-33%) from 2016

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin56th percentile

Revenue

Down

$5,008,825

Down $45,428 (-0.9%) from 2016

Expenses

Down

$4,646,650

Down $732,161 (-14%) from 2016

Net Income

Up

$362,175

Up $686,733 (+212%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,039,367Liabilities 2011: $1,045,383Net Assets 2011: -$6,0162011Assets 2012: $892,916Liabilities 2012: $963,966Net Assets 2012: -$71,0502012Assets 2013: $942,305Liabilities 2013: $1,156,004Net Assets 2013: -$213,6992013Assets 2014: $1,197,343Liabilities 2014: $811,592Net Assets 2014: $385,7512014Assets 2015: $1,585,580Liabilities 2015: $921,213Net Assets 2015: $664,3672015Assets 2016: $1,644,136Liabilities 2016: $1,347,976Net Assets 2016: $296,1602016Assets 2017: $1,533,453Liabilities 2017: $900,734Net Assets 2017: $632,7192017Assets 2018: $965,606Liabilities 2018: $477,554Net Assets 2018: $488,0522018Assets 2019: $1,591,847Liabilities 2019: $375,777Net Assets 2019: $1,216,0702019Assets 2020: $1,069,940Liabilities 2020: $578Net Assets 2020: $1,069,3622020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$1,533,453
Liabilities$900,734
Net Assets$632,719
Open 2017 Filing

Operations Trend

Revenue Growth30th percentile

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

$10M$5.0M$0-$5.0MExpenses 2011: $6,779,2822011Revenue 2012: $6,715,737Expenses 2012: $6,774,001Net Income 2012: -$58,2642012Revenue 2013: $6,446,216Expenses 2013: $6,603,917Net Income 2013: -$157,7012013Revenue 2014: $7,635,723Expenses 2014: $7,042,092Net Income 2014: $593,6312014Revenue 2015: $5,408,990Expenses 2015: $5,053,928Net Income 2015: $355,0622015Revenue 2016: $5,054,253Expenses 2016: $5,378,811Net Income 2016: -$324,5582016Revenue 2017: $5,008,825Expenses 2017: $4,646,650Net Income 2017: $362,1752017Revenue 2018: $4,708,322Expenses 2018: $4,797,562Net Income 2018: -$89,2402018Revenue 2019: $4,851,851Expenses 2019: $4,164,834Net Income 2019: $687,0172019Revenue 2020: $534,809Expenses 2020: $685,752Net Income 2020: -$150,9432020Revenue 2021: $398Expenses 2021: $1,069,760Net Income 2021: -$1,069,3622021

Highlighted filing

2017

Revenue$5,008,825
Expenses$4,646,650
Net Income$362,175
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 5, 2018
Return Version
2017v2.2
Gross Receipts
$5,195,263
Mission and Program Overview

Mission

To provide health and welfare benefits to qualified participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,070,588$818,670▼ $251,918
Rtn Earn Endowment Incm Other Fnds$296,160$632,719▲ $336,559
Investments in Publicly Traded Securities$222,276$243,034▲ $20,758
Savings and Temporary Cash Investments$238,175$239,523▲ $1,348
Accounts Receivable$113,097$232,226▲ $119,129
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,644,136$1,533,453▼ $110,683
Other Assets Total-$0-
Liabilities
Other Liabilities$1,338,513$889,553▼ $448,960
Accounts Payable and Accrued Expenses$9,463$11,181▲ $1,718
Total Liabilities$1,347,976$900,734▼ $447,242
Net Assets / Fund Balance
Total Net Assets Fund Balance$296,160$632,719▲ $336,559
Total Liabilities and Net Assets / Fund Balance$1,644,136$1,533,453▼ $110,683
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Emma MerrittChairman
Alice WilliamsTrustee
Ron LongTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,959,522
Investment Income
$49,303
Other Revenue
$0
Change in Net Assets
$362,175

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,007,832
Revenue Not Reported on Financial Statements
$993
Revenue Not Reported on Form 990
$-25,616
Total Revenue per Audited Statements
$4,982,216
Total Revenue per Form 990
$5,008,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,503
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---$4,456,147
Fees for Services Management---$81,476
Fees for Services Other---$67,817
Fees for Services Accounting---$22,579
Insurance---$13,467
Fees for Service Investment Mgmnt Fees---$993
Other Expenses---$162
Total Functional Expenses$0$0$0$4,646,650

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,646,650
Expenses per Audited Statements$4,615,963
Total Expenses per Audited Statements$4,615,963
Expenses Not Reported on Financial Statements$30,687
Other Expense Adjustments$29,694
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
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
Estimated incurred; not reported claims$869,000
Claims Payable$20,553
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“No specific review of the 990 is performed because it is based on the annual independent audit which was already reviewed and approved.”

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

“Trustee expenses and activities are monitored to enforce compliance with the policy.”

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

“Our governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Alaska Public Utilities Insurance Trust
EIN
92-0065056
Phone
9072797203
Address
2525 C Street 205, Anchorage, AK 99503

Signing Officer

Name
Alice Williams
Title
Chairman
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Ak
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

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

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

“The process has not changed from that of the prior year.”

Financial Statement Notes

Part X : FIN48 Footnote

“The VEBA trust funding certain benefits of the Plan received an exception letter from the IRS dated November 9, 1982, stating that the trust is tax-exempt under the provisions of Section 501(c)(9) of the IRC. However, as a result of the Plan's funding policy, from time to time the trust may be subject to income taxes. No federal or state income taxes have been recorded in 2017 or 2016 for unrelated business taxable income. In addition, the Plan and the trust are required to operate in conformity with the IRC to maintain the tax-exempt status of the trust. The plan administrator believes that the Plan is being operated in compliance with the applicable requirements of the IRC and, therefore, believes that the related trust is tax-exempt. 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 it is taken into an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan is subject to routine audits by taxing jurisdictions; 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

“Benefit obligations December 2017 $889553 Benefit obligations December 2016 $-859859”

Raw XML AppendixShowing 400 of 405 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/BOYAmt09463
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011181
IRS990/AccountsReceivableGrp/BOYAmt0113097
IRS990/AccountsReceivableGrp/EOYAmt0232226
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide health and welfare benefits to qualified participants.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt04456147
IRS990/BooksInCareOfDetail/PersonNm0Meritain Health
IRS990/BooksInCareOfDetail/PhoneNum09075646129
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02525 C Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Anchorage
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099503
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01070588
IRS990/CashNonInterestBearingGrp/EOYAmt0818670
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04456147
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt049303
IRS990/CYOtherExpensesAmt0190503
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04959522
IRS990/CYRevenuesLessExpensesAmt0362175
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04646650
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05008825
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Providing health and welfare benefits to qualified participants.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt022579
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt081476
IRS990/FeesForServicesOtherGrp/TotalAmt067817
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0993
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Alice Williams
IRS990/Form990PartVIISectionAGrp/PersonNm1Ron Long
IRS990/Form990PartVIISectionAGrp/PersonNm2Emma Merritt
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt042898
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0229336
IRS990/GrossReceiptsAmt05195263
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt013467
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt06405
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06405
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0222276
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0243034
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0AK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0186438
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide health and welfare benefits to qualified participants.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0296160
IRS990/NetAssetsOrFundBalancesEOYAmt0632719
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt042898
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt042898
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-25616
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/Desc0Archive fees
IRS990/OtherExpensesGrp/Desc1Membership fees
IRS990/OtherExpensesGrp/Desc2Other expenses
IRS990/OtherExpensesGrp/Desc3Bank Charges
IRS990/OtherExpensesGrp/TotalAmt02108
IRS990/OtherExpensesGrp/TotalAmt1995
IRS990/OtherExpensesGrp/TotalAmt2906
IRS990/OtherExpensesGrp/TotalAmt3162
IRS990/OtherLiabilitiesGrp/BOYAmt01338513
IRS990/OtherLiabilitiesGrp/EOYAmt0889553
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/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Employer Contributions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04959522
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04959522
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05156322
IRS990/PYInvestmentIncomeAmt07141
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0222489
IRS990/PYProgramServiceRevenueAmt05047112
IRS990/PYRevenuesLessExpensesAmt0-324558
IRS990/PYTotalExpensesAmt05378811
IRS990/PYTotalRevenueAmt05054253
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0362175
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0296160
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0632719
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0238175
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0239523
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt030687
IRS990ScheduleD/ExpensesSubtotalAmt04615963
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0993
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0993
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-25616
IRS990ScheduleD/OtherExpensesNotIncludedAmt029694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1869000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Claims Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Estimated incurred; not reported claims
IRS990ScheduleD/RevenueNotReportedAmt0-25616
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0993
IRS990ScheduleD/RevenueSubtotalAmt05007832
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The VEBA trust funding certain benefits of the Plan received an exception letter from the IRS dated November 9, 1982, stating that the trust is tax-exempt under the provisions of Section 501(c)(9) of the IRC. However, as a result of the Plan's funding policy, from time to time the trust may be subject to income taxes. No federal or state income taxes have been recorded in 2017 or 2016 for unrelated business taxable income. In addition, the Plan and the trust are required to operate in conformity with the IRC to maintain the tax-exempt status of the trust. The plan administrator believes that the Plan is being operated in compliance with the applicable requirements of the IRC and, therefore, believes that the related trust is tax-exempt. 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 it is taken into an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Benefit obligations December 2017 $889553 Benefit obligations December 2016 $-859859
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/TotalExpensesPerForm990Amt04646650
IRS990ScheduleD/TotalLiabilityAmt0889553
IRS990ScheduleD/TotalRevenuePerForm990Amt05008825
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04982216
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04615963
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No specific review of the 990 is performed because it is based on the annual independent audit which was already reviewed and approved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Trustee expenses and activities are monitored to enforce compliance with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Our governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The process has not changed from that of the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0City of Seward
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1City of Palmer
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Yakutat Power Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3Cordova Electric Cooperative
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0926000086
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1926000194
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2926001313
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3920069167
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 167
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1231 W Evergreen Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2PO Box 129
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3PO Box 20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Seward
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Palmer
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2Yakutat
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3Cordova
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd099664
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd199645
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd299689
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd3995740020
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02786454
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11908697
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt284651
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3179720
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0City of Seward
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1City of Palmer
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2Yakutat Power Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3Cordova Electric Cooperative
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0s
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1s
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2s
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3s
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01644136
IRS990/TotalAssetsEOYAmt01533453
IRS990/TotalAssetsGrp/BOYAmt01644136
IRS990/TotalAssetsGrp/EOYAmt01533453
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04646650
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01347976
IRS990/TotalLiabilitiesEOYAmt0900734
IRS990/TotalLiabilitiesGrp/BOYAmt01347976
IRS990/TotalLiabilitiesGrp/EOYAmt0900734
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0296160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0632719
IRS990/TotalProgramServiceRevenueAmt04959522
IRS990/TotalRevenueGrp/ExclusionAmt06405
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05002420
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05008825
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01644136
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01533453
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Alice Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Alaska Public Utilities Insurance Trust
ReturnHeader/Filer/BusinessNameControlTxt0ALAS
ReturnHeader/Filer/EIN0920065056
ReturnHeader/Filer/PhoneNum09072797203
ReturnHeader/Filer/USAddress/AddressLine1Txt02525 C Street 205
ReturnHeader/Filer/USAddress/CityNm0Anchorage
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208149084
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANASTASI MOORE & MARTIN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09 South Washington St STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Spokane
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0992013709
ReturnHeader/PreparerPersonGrp/PhoneNum05093230272
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Paul J Anastasi CPA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,533,453
Liabilities
$900,734
Net assets
$632,719
Revenue
$5,008,825
Expenses
$4,646,650
Net income
$362,175
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$1.07$1.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.53$0.69$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.38$1.22$4.85$4.16$0.69
2018Summary only. Only limited summary data is available for this year.$0.97$0.48$0.49$4.71$4.80$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.53$0.90$0.63$5.01$4.65$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$1.35$0.30$5.05$5.38$0.32
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.92$0.66$5.41$5.05$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.81$0.39$7.64$7.04$0.59
2013Detailed filing. Detailed filing data is available for this year.$0.94$1.16$0.21$6.45$6.60$0.16
2012Summary only. Only limited summary data is available for this year.$0.89$0.96$0.07$6.72$6.77$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$1.05$0.01$6.78