Civic Intelligence

Kaiser Aluminum Supplmental Unemployment

EIN 94-6063445 • 501(c)9 • Foothill Ranch, CA

Profile

The primary exempt purpose of the trust is to provide supplemental unemployment benefits to certain hourly employees of kaiser aluminum fabricated products llc, pursuant to a collective bargained agreement.

27422 Portola Pkwy 200Foothill Ranch, CA 92610

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

0.24x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2022

Net Margin

52nd percentile

1.8%

Higher net margin than 52% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

99th percentile

$1,216,754

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 11692.8% of source-year revenue.

501(c)9 • $500k-$1M nonprofits • Source year 2022

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

4.9%

Faster revenue growth than 60% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$601,928

Up $185 (+0.0%) from 2021

Liabilities

Down

$2,500

Down $5 (-0.2%) from 2021

Net Assets

Up

$599,428

Up $190 (+0.0%) from 2021

Revenue

Up

$10,406

Up $490 (+4.9%) from 2021

Expenses

Down

$10,216

Down $1,045 (-9.3%) from 2021

Net Income

Up

$190

Up $1,535 (+114%) from 2021

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $447,882Liabilities 2010: $9,074Net Assets 2010: $438,8082010Assets 2011: $471,916Liabilities 2011: $7,615Net Assets 2011: $464,3012011Assets 2012: $510,269Liabilities 2012: $7,500Net Assets 2012: $502,7692012Assets 2013: $616,391Liabilities 2013: $2,560Net Assets 2013: $613,8312013Assets 2014: $601,816Liabilities 2014: $3,570Net Assets 2014: $598,2462014Assets 2015: $633,944Liabilities 2015: $2,830Net Assets 2015: $631,1142015Assets 2016: $629,964Liabilities 2016: $2,525Net Assets 2016: $627,4392016Assets 2017: $624,795Liabilities 2017: $3,345Net Assets 2017: $621,4502017Assets 2018: $594,590Liabilities 2018: $2,500Net Assets 2018: $592,0902018Assets 2019: $600,318Liabilities 2019: $2,500Net Assets 2019: $597,8182019Assets 2020: $603,083Liabilities 2020: $2,500Net Assets 2020: $600,5832020Assets 2021: $601,743Liabilities 2021: $2,505Net Assets 2021: $599,2382021Assets 2022: $601,928Liabilities 2022: $2,500Net Assets 2022: $599,4282022

Highlighted filing

2022

Assets$601,928
Liabilities$2,500
Net Assets$599,428

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $338,6732010Revenue 2011: $117,958Expenses 2011: $92,465Net Income 2011: $25,4932011Expenses 2012: $30,1902012Revenue 2013: $140,027Expenses 2013: $28,965Net Income 2013: $111,0622013Revenue 2014: $50,650Expenses 2014: $66,235Net Income 2014: -$15,5852014Revenue 2015: $69,393Expenses 2015: $36,525Net Income 2015: $32,8682015Revenue 2016: $55,889Expenses 2016: $59,564Net Income 2016: -$3,6752016Revenue 2017: $62,424Expenses 2017: $68,413Net Income 2017: -$5,9892017Revenue 2018: $227Expenses 2018: $29,587Net Income 2018: -$29,3602018Revenue 2019: $20,025Expenses 2019: $14,297Net Income 2019: $5,7282019Revenue 2020: $23,200Expenses 2020: $20,435Net Income 2020: $2,7652020Revenue 2021: $9,916Expenses 2021: $11,261Net Income 2021: -$1,3452021Revenue 2022: $10,406Expenses 2022: $10,216Net Income 2022: $1902022

Highlighted filing

2022

Revenue$10,406
Expenses$10,216
Net Income$190

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$10,406
Mission and Program Overview

Mission

The primary exempt purpose of the trust is to provide supplemental unemployment benefits to certain hourly employees of kaiser aluminum fabricated products llc, pursuant to a collective bargained agreement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$600,583$599,238▼ $1,345
Rtn Earn Endowment Incm Other Fnds$-1,345$190▲ $1,535
Cash and Non-Interest-Bearing Accounts$242$54▼ $188
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$601,743$601,928▲ $185
Other Assets Total$601,501$601,874▲ $373
Liabilities
Other Liabilities$2,505$2,500▼ $5
Total Liabilities$2,505$2,500▼ $5
Net Assets / Fund Balance
Total Net Assets Fund Balance$599,238$599,428▲ $190
Total Liabilities and Net Assets / Fund Balance$601,743$601,928▲ $185

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$601,874--
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$10,019$10,019

Board Members and Trustees

NameTitle
Donnan Jon MCommittee Member
Krouse Mark RCommittee Member
Sabo Jayne ECommittee Member
West NealCommittee Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,406
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,019
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$10,019-$10,019
Benefits to Members$197--$197
Total Functional Expenses$197$10,019$0$10,216
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Trustee Fees$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The management of the trust has been delegated to wells fargo institutional trust services.

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

A copy of the form 990 was provided to the governing body for review before it was filed.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kaiser Aluminum Supplmental Unemployment
EIN
94-6063445
Phone
9496141746
Address
27422 PORTOLA PKWY 200, FOOTHILL RANCH, CA 92610

Signing Officer

Name
Neal West
Title
Trustee
Phone
9496141746
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neal West
Formed
2006
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Windes Inc
Address
PO BOX 87, LONG BEACH, CA 90801
Preparer
Donita Joseph
Phone
5624351191
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Lines 2B and 2C

The kaiser aluminum unemployment benefit plans master trust is made up of the following, kaiser aluminum sub plan and kaiser aluminum bellwood sub plan. The two plans were separately audited. The audit committee oversees the audit of the financial statements and selects the independent certified public accountant.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01216754
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt11189412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2583741
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3436628
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND OBTAINS APPROVAL BY THE BOARD OR THE COMPENSATION COMMITTEE TO ESTABLISH THAT THE COMPENSATION OF TOP MANAGEMENT OFFICIALS ARE REASONABLE.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1JOHN DONNAN, NEAL WEST, MARK KROUSE, AND JAYNE SABO RECEIVED PAYMENTS TO A NONQUALIFIED RETIREMENT PLAN FROM THE RELATED ORGANIZATION IN THE AMOUNT OF $71,711.38, $70,580.47, $13,732.72, AND $5,766.30, RESPECTIVELY.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT OF THE TRUST HAS BEEN DELEGATED TO WELLS FARGO INSTITUTIONAL TRUST SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE KAISER ALUMINUM UNEMPLOYMENT BENEFIT PLANS MASTER TRUST IS MADE UP OF THE FOLLOWING, KAISER ALUMINUM SUB PLAN AND KAISER ALUMINUM BELLWOOD SUB PLAN. THE TWO PLANS WERE SEPARATELY AUDITED. THE AUDIT COMMITTEE OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTS THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINES 2B AND 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0562553181
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0ALUMINUM FABRICATION
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0KAISER ALUMINUM FABRICATED PRODUCTS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt027422 PORTOLA PKWY STE 200
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0FOOTHILL RANCH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd092610
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt010406
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0VALUE OF CASH TRANSFERRED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KAISER ALUMINUM FABRICATED PRODUCTS LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0601743
IRS990/TotalAssetsEOYAmt0601928
IRS990/TotalAssetsGrp/BOYAmt0601743
IRS990/TotalAssetsGrp/EOYAmt0601928
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010019
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0197
IRS990/TotalFunctionalExpensesGrp/TotalAmt010216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02505
IRS990/TotalLiabilitiesEOYAmt02500
IRS990/TotalLiabilitiesGrp/BOYAmt02505
IRS990/TotalLiabilitiesGrp/EOYAmt02500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0599238
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0599428
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0197
IRS990/TotalProgramServiceRevenueAmt010406
IRS990/TotalReportableCompFromOrgAmt010019
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010406
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010406
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0601743
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0601928
IRS990/TotReportableCompRltdOrgAmt03426535
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt027422 PORTOLA PKWY 200
IRS990/USAddress/CityNm0FOOTHILL RANCH
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092610
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NEAL WEST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09496141746
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KAISER ALUMINUM SUPPLMENTAL UNEMPLOYMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BENEFIT PLANS MASTER TRUST
ReturnHeader/Filer/BusinessNameControlTxt0KAIS
ReturnHeader/Filer/EIN0946063445
ReturnHeader/Filer/PhoneNum09496141746
ReturnHeader/Filer/USAddress/AddressLine1Txt027422 PORTOLA PKWY 200
ReturnHeader/Filer/USAddress/CityNm0FOOTHILL RANCH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092610
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953001179
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WINDES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 87
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LONG BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090801
ReturnHeader/PreparerPersonGrp/PhoneNum05624351191
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONITA JOSEPH
ReturnHeader/ReturnTs02023-11-14T18:51:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NEAL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WEST
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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