Civic Intelligence

Sheet Metal Benefit Plans Administrative Corporation

990 • Fiscal year 2019 • EIN 95-4337897

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 28, 2020

111 N Sepulveda Blvd Ste 210Manhattan Beach, CA 90266

(310) 798-6572

Siviq Scores

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

Liabilities / Assets

91st percentile

0.39x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.05x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2019

Net Margin

22nd percentile

0.0%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$264,852

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2019 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2019

Asset Growth

1st percentile

-43%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

62nd percentile

7.7%

Faster revenue growth than 62% of similar nonprofits.

2019 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$705,389

Down $524,143 (-43%) from 2018

Net Assets

Flat

$431,033

Flat from 2018

Liabilities

Down

$274,356

Down $524,143 (-66%) from 2018

Revenue

Up

$5,381,152

Up $383,363 (+7.7%) from 2018

Expenses

Up

$5,381,152

Up $383,363 (+7.7%) from 2018

Net Income

Flat

$0

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $524,264Liabilities 2010: $172,806Net Assets 2010: $351,4582010Assets 2011: $463,893Liabilities 2011: $15,756Net Assets 2011: $448,1372011Assets 2012: $557,187Liabilities 2012: $64,136Net Assets 2012: $493,0512012Assets 2013: $532,211Liabilities 2013: $73,173Net Assets 2013: $459,0382013Assets 2014: $586,994Liabilities 2014: $263,544Net Assets 2014: $323,4502014Assets 2015: $560,180Liabilities 2015: $120,816Net Assets 2015: $439,3642015Assets 2016: $555,197Liabilities 2016: $124,164Net Assets 2016: $431,0332016Assets 2017: $656,736Liabilities 2017: $225,703Net Assets 2017: $431,0332017Assets 2018: $1,229,532Liabilities 2018: $798,499Net Assets 2018: $431,0332018Assets 2019: $705,389Liabilities 2019: $274,356Net Assets 2019: $431,0332019Assets 2020: $857,093Liabilities 2020: $426,060Net Assets 2020: $431,0332020Assets 2021: $1,001,353Liabilities 2021: $570,320Net Assets 2021: $431,0332021Assets 2022: $2,427,570Liabilities 2022: $1,996,537Net Assets 2022: $431,0332022Assets 2023: $1,865,472Liabilities 2023: $1,434,439Net Assets 2023: $431,0332023Assets 2024: $4,555,795Liabilities 2024: $4,124,762Net Assets 2024: $431,0332024

Highlighted filing

2019

Assets$705,389
Liabilities$274,356
Net Assets$431,033

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,516,6032010Expenses 2011: $4,692,0372011Expenses 2012: $4,476,1652012Revenue 2013: $4,430,756Expenses 2013: $4,464,769Net Income 2013: -$34,0132013Revenue 2014: $4,397,312Expenses 2014: $4,532,900Net Income 2014: -$135,5882014Revenue 2015: $4,794,882Expenses 2015: $4,678,968Net Income 2015: $115,9142015Revenue 2016: $4,722,947Expenses 2016: $4,731,278Net Income 2016: -$8,3312016Revenue 2017: $4,972,521Expenses 2017: $4,972,521Net Income 2017: $02017Revenue 2018: $4,997,789Expenses 2018: $4,997,789Net Income 2018: $02018Revenue 2019: $5,381,152Expenses 2019: $5,381,152Net Income 2019: $02019Revenue 2020: $5,650,835Expenses 2020: $5,650,835Net Income 2020: $02020Revenue 2021: $5,749,173Expenses 2021: $5,749,173Net Income 2021: $02021Revenue 2022: $5,458,093Expenses 2022: $5,458,093Net Income 2022: $02022Revenue 2023: $5,603,164Expenses 2023: $5,603,164Net Income 2023: $02023Revenue 2024: $6,076,330Expenses 2024: $6,076,330Net Income 2024: $02024

Highlighted filing

2019

Revenue$5,381,152
Expenses$5,381,152
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 28, 2020
Return Version
2019v5.1
Gross Receipts
$5,381,152
Mission and Program Overview

Mission

The administrative corporation administers sheet metal workers' pension, health and welfare and other benefit plans of the various sheet metal workers' trust funds formed under multi-employer bargaining agreements between the various employer groups and the selected union locals.

central recordkeeping agency for sheet metal worker trust funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$391,384$370,675▼ $20,709
Land, Buildings, and Equipment, Net$116,770$120,670▲ $3,900
Accounts Receivable$0$87,151▲ $87,151
Cash and Non-Interest-Bearing Accounts$680,126$85,641▼ $594,485
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,229,532$705,389▼ $524,143
Other Assets Total$41,252$41,252→ $0
Liabilities
Other Liabilities$504,106$0▼ $504,106
Accounts Payable and Accrued Expenses$294,393$274,356▼ $20,037
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$798,499$274,356▼ $524,143
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$431,033$431,033→ $0
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$431,033$431,033→ $0
Total Liabilities and Net Assets / Fund Balance$1,229,532$705,389▼ $524,143

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$93,299$436,055$529,354
Equipment$27,049$113,654$140,703
Leasehold Improvements$322$1,093$1,415
Other Assets Org$41,252--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
vern shafferexecutive directorFT$184,186$80,666$264,852
christina byercontrollerFT$113,442$27,742$141,184
Melanie ShepherdProperty ManagerFT$103,699$27,608$131,307
Patti FrankElig. Dept MgrFT$101,549$27,832$129,381
Nichola StillClaims Dept MgrFT$95,387$19,364$114,751
Kim HendersonPension ManagerFT$91,458$19,364$110,822

Board Members and Trustees

NameTitle
Luther Medinaco-chair
Richard RiveraCo-chair
Kurt Marstellerco-chair-FORMER
Denny Cagampan IiiPresident
bill shaverPresident-former
Howell Tani Poe JrVice President-former
jeff hollyVice-president
Pete FortinSecretary
Stephen HinsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
innovative software solutions inccomputer support300 s lenola rd, Maple Shade Township, NJ 08052$245,126
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,381,152
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,381,152
Total Revenue per Audited Statements
$5,381,152
Total Revenue per Form 990
$5,381,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,673,446
Other Expenses$1,707,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,406,022
Other Employee Benefits---$879,679
Occupancy---$683,414
Information Technology---$231,803
Payroll Taxes---$203,559
Current Officers, Directors, Trustees, and Key Employees---$184,186
Office Expenses---$158,624
Depreciation Depletion---$58,776
Other Expenses---$54,596
Insurance---$53,915
Fees for Services Legal---$45,090
Fees for Services Accounting---$10,070
Conferences and Meetings---$6,498
Total Functional Expenses$0$0$0$5,381,152

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,381,152
Total Expenses per Audited Statements$5,381,152
Total Expenses per Form 990$5,381,152
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

part VI, line 8B:

the corporation does not have committees that act on behalf of the governing body. PART VI, LINE 11B: form 990 was reviewed by the controller, executive director and legal counsel prior to filing. Any unusual items are brought to the board of directors attention. part vi, line 12c: the board of directors and all professionals are to contact legal counsel if any potential conflicts arise. part vi, lines 15a and b: the board reviews the executive director and senior staff job performances and determines an appropriate compensation package. part vi, line 19: the governing documents and financial statements are maintained in the corporation's office and are available upon request. part vii, line 1a: certain directors listed in part vii may also serve as officers of affiliated organizations. these directors may receive compensation from such affiliated organizations.

Filing and Contact Details

Filer

Filer Name
Sheet Metal Benefit Plans Administrative
EIN
95-4337897
In Care Of
% VERNON SHAFFER
Phone
3107986572
Address
111 N SEPULVEDA BLVD STE 210, MANHATTAN BEACH, CA 90266

Signing Officer

Name
Jeff Holly
Title
president
Phone
3107986572
Signed
2020-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vern Shaffer
Formed
1991
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
41
Volunteers
0

Preparer

Firm
Miller Kaplan Arase Llp
Address
4123 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91602-2828
Preparer
Jeffrey Goss
Phone
8187692010
Supplemental Narrative

Financial Statement Notes

part X, line 2:

Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Admin Corp. and recognize a tax liability if the Admin Corp. has taken a tax position that more likely than not would not be sustained upon examination by a tax authority. The Admin Corp. is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3ELIG. DEPT MGR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLAIMS DEPT MGR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PENSION MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt6co-chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7co-chair-FORMER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT-FORMER
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT-FORMER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05381152
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0231803
IRS990/InsuranceGrp/TotalAmt053915
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0550802
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0116770
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0120670
IRS990/LandBldgEquipCostOrOtherBssAmt0671472
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CENTRAL RECORDKEEPING AGENCY FOR SHEET METAL WORKER TRUST FUNDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0431033
IRS990/NetAssetsOrFundBalancesEOYAmt0431033
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0431033
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0431033
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0683414
IRS990/OfficeExpensesGrp/TotalAmt0158624
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041252
IRS990/OtherAssetsTotalGrp/EOYAmt041252
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0879679
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1EQUIPMENT LEASES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt0264648
IRS990/OtherExpensesGrp/TotalAmt1113655
IRS990/OtherExpensesGrp/TotalAmt226617
IRS990/OtherExpensesGrp/TotalAmt354596
IRS990/OtherLiabilitiesGrp/BOYAmt0504106
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02406022
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0203559
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0391384
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0370675
IRS990/PrincipalOfficerNm0VERN SHAFFER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ADMIN SERVICES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05381152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05381152
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01401337
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04997789
IRS990/PYSalariesCompEmpBnftPaidAmt03596452
IRS990/PYTotalExpensesAmt04997789
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04997789
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt027049
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113654
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0140703
IRS990ScheduleD/ExpensesSubtotalAmt05381152
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0322
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01093
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01415
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt041252
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt093299
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0436055
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0529354
IRS990ScheduleD/RevenueSubtotalAmt05381152
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Admin Corp. and recognize a tax liability if the Admin Corp. has taken a tax position that more likely than not would not be sustained upon examination by a tax authority. The Admin Corp. is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0part x, line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120670
IRS990ScheduleD/TotalBookValueOtherAssetsAmt041252
IRS990ScheduleD/TotalExpensesPerForm990Amt05381152
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt05381152
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05381152
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05381152
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0184186
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt055706
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt024960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0vern shaffer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0executive director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0264852
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0the corporation does not have committees that act on behalf of the governing body. PART VI, LINE 11B: form 990 was reviewed by the controller, executive director and legal counsel prior to filing. Any unusual items are brought to the board of directors attention. part vi, line 12c: the board of directors and all professionals are to contact legal counsel if any potential conflicts arise. part vi, lines 15a and b: the board reviews the executive director and senior staff job performances and determines an appropriate compensation package. part vi, line 19: the governing documents and financial statements are maintained in the corporation's office and are available upon request. part vii, line 1a: certain directors listed in part vii may also serve as officers of affiliated organizations. these directors may receive compensation from such affiliated organizations.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0part vi, line 8b:

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$4.12$0.43$6.08$6.08$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.87$1.43$0.43$5.60$5.60$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.43$2.00$0.43$5.46$5.46$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.00$0.57$0.43$5.75$5.75$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.43$0.43$5.65$5.65$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.27$0.43$5.38$5.38$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.80$0.43$5.00$5.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.23$0.43$4.97$4.97$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.12$0.43$4.72$4.73$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.12$0.44$4.79$4.68$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.26$0.32$4.40$4.53$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.53$0.07$0.46$4.43$4.46$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.06$0.49$4.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.02$0.45$4.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.17$0.35$4.52