Civic Intelligence

Plan Sponsor Trust of Latina Boulevard Foods

EIN 92-0894929 • 501(c)9 • Clinton, IA

NTEE Y43

Profile

The trust has been established to provide active and former employees with health reimbursement benefits as set forth in the related plan and to provide payment for health expenses as permitted by section 501(c)(9) of the internal revenue code.

PO Box 4391Clinton, IA 52733

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Higher debt load relative to assets than 49% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.00x

Higher debt load relative to revenue than 48% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Net Margin

43rd percentile

8.3%

Higher net margin than 43% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$35

Higher top officer pay than 53% of similar nonprofits.

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

NTEE Y • $1M-$5M nonprofits • Source year 2024

Asset Growth

95th percentile

56%

Faster asset growth than 95% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

29%

Faster revenue growth than 73% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$261,995

Up $94,156 (+56%) from 2023

Liabilities

Down

$30

Down $1,759 (-98%) from 2023

Net Assets

Up

$261,965

Up $95,915 (+58%) from 2023

Revenue

Up

$1,155,141

Up $258,382 (+29%) from 2023

Expenses

Up

$1,059,226

Up $328,517 (+45%) from 2023

Net Income

Down

$95,915

Down $70,135 (-42%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2023: $167,839Liabilities 2023: $1,789Net Assets 2023: $166,0502023Assets 2024: $261,995Liabilities 2024: $30Net Assets 2024: $261,9652024

Highlighted filing

2024

Assets$261,995
Liabilities$30
Net Assets$261,965

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2023: $896,759Expenses 2023: $730,709Net Income 2023: $166,0502023Revenue 2024: $1,155,141Expenses 2024: $1,059,226Net Income 2024: $95,9152024

Highlighted filing

2024

Revenue$1,155,141
Expenses$1,059,226
Net Income$95,915

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 5, 2025
Return Version
2024v5.2
Gross Receipts
$1,155,141
Mission and Program Overview

Mission

The trust has been established to provide active and former employees with health reimbursement benefits as set forth in the related plan and to provide payment for health expenses as permitted by section 501(c)(9) of the internal revenue code.

To provide qualified health and welfare benefits through a health reimbursement arrangement (hra).

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$166,050$261,965▲ $95,915
Cash and Non-Interest-Bearing Accounts$4,364$156,781▲ $152,417
Investments in Publicly Traded Securities$163,475$105,214▼ $58,261
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$167,839$261,995▲ $94,156
Liabilities
Accounts Payable and Accrued Expenses$1,789$30▼ $1,759
Total Liabilities$1,789$30▼ $1,759
Net Assets / Fund Balance
Total Net Assets Fund Balance$166,050$261,965▲ $95,915
Total Liabilities and Net Assets / Fund Balance$167,839$261,995▲ $94,156
Compensation and Service Providers

Employees

NameTitleOtherTotal
-Trustee$21$21
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,152,888
Investment Income
$2,253
Other Revenue
$0
Change in Net Assets
$95,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$701
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---$1,058,525
Fees for Services Other---$701
Total Functional Expenses$0$0$0$1,059,226
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

The governing body of the organization (the trust) consists of the contributing employer only, who executes all decision-making authority over the organization based on its own, internally determined decision-making authority. To the extent this decision-making authority is delegated to one or more individuals within the contributing employer entity, there are no published meeting minutes relating thereto.

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

The governing body consists of the contributing employer only, who executes all decision-making authority over the organization based on its own, internally determined decision-making authority. As the governing body, the contributing employer has elected not to delegate any part of its decision-making authority to one or more committees, and therefore, no meetings of committees occur.

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

The form 990 was prepared by the plan administrator (onebridge benefits inc.)draft copies of the form 990 were first provided to the representatives of the contributing employer (the governing body) for their review. Any questions or concerns raised by the representatives were addressed and any necessary revisions were made to the form 990. The final version of the form 990 was provided to the institutional trustee for final review and approval to file.

Form 990, Part VI, Section C, Line 19

The entity does not have a conflict of interest policy or financial statements that are available to the public. Governing documents are retained by the contributing employer, which serves as the governing body for the organization, and a third-party administrator who provides non-discretionary, ministerial administrative services for the organization and the benefit plan funded through the organization. Governing documents, and forms 1024, 990, and 990-t (as applicable) for the organization are available to plan participants upon request made directly to the contributing employer or by calling the customer care center for the third party administrator at 1-888-865-1628.

Form 990, Part VII

Effective as of april 1, 2024, the original trustee, washington trust bank, resigned as trustee and was replaced by alta trust company, a trust company organized under the laws of south dakota and under regulation as a trust company by the south dakota banking department.

Filing and Contact Details

Filer

Filer Name
Plan Sponsor Trust of Latina Boulevard
EIN
92-0894929
Phone
7162456100
Address
PO BOX 4391, CLINTON, IA 52733

Signing Officer

Name
Patricia Reimann
Title
Trustee Representative
Phone
7162456100
Signed
2025-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Reimann
Formed
2023
Legal Domicile
Sd
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Onebridge Benefits Inc
Address
170 FRANKLIN ST, BUFFALO, NY 14202-2412
Phone
7162456100
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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/MissionDesc0THE TRUST HAS BEEN ESTABLISHED TO PROVIDE ACTIVE AND FORMER EMPLOYEES WITH HEALTH REIMBURSEMENT BENEFITS AS SET FORTH IN THE RELATED PLAN AND TO PROVIDE PAYMENT FOR HEALTH EXPENSES AS PERMITTED BY SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY OF THE ORGANIZATION (THE TRUST) CONSISTS OF THE CONTRIBUTING EMPLOYER ONLY, WHO EXECUTES ALL DECISION-MAKING AUTHORITY OVER THE ORGANIZATION BASED ON ITS OWN, INTERNALLY DETERMINED DECISION-MAKING AUTHORITY. TO THE EXTENT THIS DECISION-MAKING AUTHORITY IS DELEGATED TO ONE OR MORE INDIVIDUALS WITHIN THE CONTRIBUTING EMPLOYER ENTITY, THERE ARE NO PUBLISHED MEETING MINUTES RELATING THERETO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY CONSISTS OF THE CONTRIBUTING EMPLOYER ONLY, WHO EXECUTES ALL DECISION-MAKING AUTHORITY OVER THE ORGANIZATION BASED ON ITS OWN, INTERNALLY DETERMINED DECISION-MAKING AUTHORITY. AS THE GOVERNING BODY, THE CONTRIBUTING EMPLOYER HAS ELECTED NOT TO DELEGATE ANY PART OF ITS DECISION-MAKING AUTHORITY TO ONE OR MORE COMMITTEES, AND THEREFORE, NO MEETINGS OF COMMITTEES OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS PREPARED BY THE PLAN ADMINISTRATOR (ONEBRIDGE BENEFITS INC.)DRAFT COPIES OF THE FORM 990 WERE FIRST PROVIDED TO THE REPRESENTATIVES OF THE CONTRIBUTING EMPLOYER (THE GOVERNING BODY) FOR THEIR REVIEW. ANY QUESTIONS OR CONCERNS RAISED BY THE REPRESENTATIVES WERE ADDRESSED AND ANY NECESSARY REVISIONS WERE MADE TO THE FORM 990. THE FINAL VERSION OF THE FORM 990 WAS PROVIDED TO THE INSTITUTIONAL TRUSTEE FOR FINAL REVIEW AND APPROVAL TO FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ENTITY DOES NOT HAVE A CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS THAT ARE AVAILABLE TO THE PUBLIC. GOVERNING DOCUMENTS ARE RETAINED BY THE CONTRIBUTING EMPLOYER, WHICH SERVES AS THE GOVERNING BODY FOR THE ORGANIZATION, AND A THIRD-PARTY ADMINISTRATOR WHO PROVIDES NON-DISCRETIONARY, MINISTERIAL ADMINISTRATIVE SERVICES FOR THE ORGANIZATION AND THE BENEFIT PLAN FUNDED THROUGH THE ORGANIZATION. GOVERNING DOCUMENTS, AND FORMS 1024, 990, AND 990-T (AS APPLICABLE) FOR THE ORGANIZATION ARE AVAILABLE TO PLAN PARTICIPANTS UPON REQUEST MADE DIRECTLY TO THE CONTRIBUTING EMPLOYER OR BY CALLING THE CUSTOMER CARE CENTER FOR THE THIRD PARTY ADMINISTRATOR AT 1-888-865-1628.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EFFECTIVE AS OF APRIL 1, 2024, THE ORIGINAL TRUSTEE, WASHINGTON TRUST BANK, RESIGNED AS TRUSTEE AND WAS REPLACED BY ALTA TRUST COMPANY, A TRUST COMPANY ORGANIZED UNDER THE LAWS OF SOUTH DAKOTA AND UNDER REGULATION AS A TRUST COMPANY BY THE SOUTH DAKOTA BANKING DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII
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