Civic Intelligence

Daimler Trucks Na LLC

990 • Fiscal year 2014 • EIN 93-1092580

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

2701 NW Vaughn St No 900Portland, OR 97210

(503) 745-8479

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2014 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

2014 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2014

Net Margin

45th percentile

0.3%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2014

Asset Growth

50th percentile

5.0%

Faster asset growth than 50% of similar nonprofits.

2014 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

74th percentile

9.3%

Faster revenue growth than 74% of similar nonprofits.

2014 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Assets

Up

$9,163,182

Up $436,749 (+5.0%) from 2013

Net Assets

Up

$8,988,586

Up $326,338 (+3.8%) from 2013

Liabilities

Up

$174,596

Up $110,411 (+172%) from 2013

Revenue

Up

$105,996,743

Up $9,041,618 (+9.3%) from 2013

Expenses

Up

$105,670,405

Up $7,266,228 (+7.4%) from 2013

Net Income

Up

$326,338

Up $1,775,390 (+123%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $11,169,036Liabilities 2010: $1,074Net Assets 2010: $11,167,9622010Assets 2011: $9,903,131Liabilities 2011: $45,384Net Assets 2011: $9,857,7472011Assets 2012: $10,158,478Liabilities 2012: $47,178Net Assets 2012: $10,111,3002012Assets 2013: $8,726,433Liabilities 2013: $64,185Net Assets 2013: $8,662,2482013Assets 2014: $9,163,182Liabilities 2014: $174,596Net Assets 2014: $8,988,5862014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$9,163,182
Liabilities$174,596
Net Assets$8,988,586

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $64,535,2072010Expenses 2011: $74,545,4572011Expenses 2012: $92,263,8292012Revenue 2013: $96,955,125Expenses 2013: $98,404,177Net Income 2013: -$1,449,0522013Revenue 2014: $105,996,743Expenses 2014: $105,670,405Net Income 2014: $326,3382014Revenue 2015: $70,865,148Expenses 2015: $79,853,734Net Income 2015: -$8,988,5862015

Highlighted filing

2014

Revenue$105,996,743
Expenses$105,670,405
Net Income$326,338
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$105,996,743
Mission and Program Overview

Mission

VEBA trust for the payment of benefits for members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,726,372$9,163,108▲ $436,736
Cap Stk Tr Prin Current Funds$8,662,248$8,988,586▲ $326,338
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$8,726,433$9,163,182▲ $436,749
Other Assets Total$61$74▲ $13
Liabilities
Accounts Payable and Accrued Expenses$64,185$174,596▲ $110,411
Total Liabilities$64,185$174,596▲ $110,411
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,662,248$8,988,586▲ $326,338
Total Liabilities and Net Assets / Fund Balance$8,726,433$9,163,182▲ $436,749
Compensation and Service Providers

Board Members and Trustees

NameTitle
JOHN O'LEARYChair, Member
Bob RobertsonMember
Brian BurtonMember
David SwainsonMember
Kelley PlattMember
Roger NielsenMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Cross Blue ShieldContract Administrator600 E LAFAYETTE BLVD, Detriot, MI 48226$3,339,174
AdpContract Administrator2835 S DECKER LAKE DR, Salt Lake City, UT 84119$322,293
Moda HealthContract Administrator601 SW SECOND AVE, Portland, OR 97204$270,498
MedcoContract Administrator100 PARSONS POND DRIVE, Franklin Lakes, NJ 07417$136,656
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$105,996,176
Investment Income
$567
Other Revenue
$0
Change in Net Assets
$326,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,215,458
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---$101,454,947
Fees for Services Other---$4,206,003
Fees for Services Accounting---$9,455
Total Functional Expenses$0$0$0$105,670,405
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

John o'leary is related to all other members of the investment committee through a business relationship. All investment committee members are employed by daimler trucks north america, the sponsor of the benefit plan and trust. Brian burton is related to all other members of the investment committee through a business relationship. All investment committee members are employed by daimler trucks north america, the sponsor of the benefit plan and trust. Roger nielsen is related to all other members of the investment committee through a business relationship. All investment committee members are employed by daimler trucks north america, the sponsor of the benefit plan and trust. Kelley platt is related to all other members of the investment committee through a business relationship. All investment committee members are employed by daimler trucks north america, the sponsor of the benefit plan and trust. Bob robertson is related to all other members of the investment committee through a business relationship. All investment committee members are employed by daimler trucks north america, the sponsor of the benefit plan and trust. David swainson is related to all other members of the investment committee through a business relationship. All investment committee members are employed by daimler trucks north america, the sponsor of the benefit plan and trust.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the corporate tax director and the plan administrator prior to filing.

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

The organization relies on the sarbanes-oxley act, internal controls, and outside audits to ensure that the conflict of interest policy is enforced.

Form 990, Part VI, Section B, Line 15

The organization does not compensate interested persons. Therefore, the organization does not have a process in place for determining and reviewing compensation.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest policy are not made available to the public. Financial statements are made available to participants upon request.

Filing and Contact Details

Filer

Filer Name
Daimler Trucks Na LLC
EIN
93-1092580
Phone
5037458479
Address
2701 NW VAUGHN ST NO 900, PORTLAND, OR 97210

Signing Officer

Name
Michael Kuruc
Title
Director of Taxes
Phone
5037458479
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Kuruc
Formed
1992
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
15

Preparer

Firm
Moss Adams Llp
Address
805 SW BROADWAY STE 1200, PORTLAND, OR 97205
Preparer
Wendy Campos
Phone
5032421447
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

In accordance with guidance on accounting for uncertainty in income taxes, the plan administrator evaluated the plan's tax positions and does not believe the plan has any uncertain tax positions that require disclosure or adjustment to 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 2011.

Raw XML AppendixShowing 400 of 409 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE PLAN ADMINISTRATOR EVALUATED THE PLAN'S TAX POSITIONS AND DOES NOT BELIEVE THE PLAN HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR ADJUSTMENT TO 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 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN O'LEARY IS RELATED TO ALL OTHER MEMBERS OF THE INVESTMENT COMMITTEE THROUGH A BUSINESS RELATIONSHIP. ALL INVESTMENT COMMITTEE MEMBERS ARE EMPLOYED BY DAIMLER TRUCKS NORTH AMERICA, THE SPONSOR OF THE BENEFIT PLAN AND TRUST. BRIAN BURTON IS RELATED TO ALL OTHER MEMBERS OF THE INVESTMENT COMMITTEE THROUGH A BUSINESS RELATIONSHIP. ALL INVESTMENT COMMITTEE MEMBERS ARE EMPLOYED BY DAIMLER TRUCKS NORTH AMERICA, THE SPONSOR OF THE BENEFIT PLAN AND TRUST. ROGER NIELSEN IS RELATED TO ALL OTHER MEMBERS OF THE INVESTMENT COMMITTEE THROUGH A BUSINESS RELATIONSHIP. ALL INVESTMENT COMMITTEE MEMBERS ARE EMPLOYED BY DAIMLER TRUCKS NORTH AMERICA, THE SPONSOR OF THE BENEFIT PLAN AND TRUST. KELLEY PLATT IS RELATED TO ALL OTHER MEMBERS OF THE INVESTMENT COMMITTEE THROUGH A BUSINESS RELATIONSHIP. ALL INVESTMENT COMMITTEE MEMBERS ARE EMPLOYED BY DAIMLER TRUCKS NORTH AMERICA, THE SPONSOR OF THE BENEFIT PLAN AND TRUST. BOB ROBERTSON IS RELATED TO ALL OTHER MEMBERS OF THE INVESTMENT COMMITTEE THROUGH A BUSINESS RELATIONSHIP. ALL INVESTMENT COMMITTEE MEMBERS ARE EMPLOYED BY DAIMLER TRUCKS NORTH AMERICA, THE SPONSOR OF THE BENEFIT PLAN AND TRUST. DAVID SWAINSON IS RELATED TO ALL OTHER MEMBERS OF THE INVESTMENT COMMITTEE THROUGH A BUSINESS RELATIONSHIP. ALL INVESTMENT COMMITTEE MEMBERS ARE EMPLOYED BY DAIMLER TRUCKS NORTH AMERICA, THE SPONSOR OF THE BENEFIT PLAN AND TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE CORPORATE TAX DIRECTOR AND THE PLAN ADMINISTRATOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RELIES ON THE SARBANES-OXLEY ACT, INTERNAL CONTROLS, AND OUTSIDE AUDITS TO ENSURE THAT THE CONFLICT OF INTEREST POLICY IS ENFORCED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT COMPENSATE INTERESTED PERSONS. THEREFORE, THE ORGANIZATION DOES NOT HAVE A PROCESS IN PLACE FOR DETERMINING AND REVIEWING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PARTICIPANTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL KURUC
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF TAXES
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
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