Skip to content
Nonprofiteer
← SMART VSTD GROUP PLAN

Form 990 for tax year 2023

Filed by SMART VSTD GROUP PLAN.

What the amendment changed

Compared with the return it replaced , filed 8 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$18,084,935 changed to $21,761,070
Total expenses
$12,187,939 changed to $15,864,074
Program service revenue
$14,543,528 changed to $18,219,663

Totals

Total revenue
$21,761,070
Total expenses
$15,864,074
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$18,219,663
Investment income
$284,474
Other revenue
$3,256,933
Total assets, end of year
$12,871,821
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$12,871,821
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MONTHLY ASSESSMENTS

    total $18,219,663 · related or exempt $18,219,663

  • 3 · Investment income

    total $260,326 · excluded $260,326

  • 7a · Gross sales of assets other than inventory

    securities $5,582,906

  • 7b · Less cost or other basis and sales expenses

    securities $5,558,758

  • 7c · Gain or loss

    securities $24,148

  • 7d · Net gain or loss

    total $24,148 · excluded $24,148

  • 11a · Other revenue: FELA REIMBURSEMENTS

    total $1,756,290 · related or exempt $1,756,290

  • 11b · Other revenue: SETTLEMENT AND OTHER I

    total $1,500,643 · related or exempt $1,500,643

  • 11e · Other revenue, total

    $3,256,933

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $15,151,399

  • 11b · Fees: legal

    total $40,284

  • 11c · Fees: accounting

    total $26,500

  • 11f · Fees: investment management

    total $11,610

  • 11g · Fees: other

    total $591,600

  • 13 · Office expenses

    total $721

  • 23 · Insurance

    total $38,065

  • 24a · Other expenses: BANK SERVICE CHARGES

    total $2,595

  • 24b · Other expenses: BONDING EXPENSE

    total $1,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $324,367 · end of year $1,892,658

  • 4 · Accounts receivable

    beginning of year $12,120 · end of year $56,351

  • 12 · Investments: other securities

    beginning of year $5,834,447 · end of year $10,922,812

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,170,934 · end of year $12,871,821

Mission and programs · 2023

Mission

PROVIDES SHORT TERM AND LONG TERM DISABILITY BENEFITS TO MEMBERS

Activities or mission (Part I)

PROVIDES SHORT TERM DISABILITY BENEFITS TO MEMBERS

  • PROVIDES SHORT TERM AND LONG TERM DISABILITY BENEFITS TO MEMBERS

As filed on the 2023 return.

Listed in Part VII

  • Joseph Sellers Jr

    (FORMER) TRUSTEE

    Total calculated
    $239,638
    From this org
    $0
    From related orgs
    $210,295
    Other
    $29,343
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $167,494 related
    Bonus
    $0
    Other
    $0 + $42,801 related
    Deferred
    $0 + $4,407 related
    Nontaxable benefits
    $0 + $24,936 related
    Filer's total
    $0 + $239,638 related
  • Joseph Powell

    TRUSTEE

    Total calculated
    $486,871
    From this org
    $0
    From related orgs
    $451,684
    Other
    $35,187
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $341,684 related
    Bonus
    $0
    Other
    $0 + $110,000 related
    Deferred
    $0 + $10,251 related
    Nontaxable benefits
    $0 + $24,936 related
    Filer's total
    $0 + $486,871 related
  • Jeremy Ferguson

    TRUSTEE

    Total calculated
    $431,597
    From this org
    $0
    From related orgs
    $344,576
    Other
    $87,021
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $344,576 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $62,711 related
    Nontaxable benefits
    $0 + $24,310 related
    Filer's total
    $0 + $431,597 related
  • Michael Coleman

    TRUSTEE

    Total calculated
    $452,218
    From this org
    $0
    From related orgs
    $417,333
    Other
    $34,885
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $331,638 related
    Bonus
    $0
    Other
    $0 + $85,695 related
    Deferred
    $0 + $9,949 related
    Nontaxable benefits
    $0 + $24,936 related
    Filer's total
    $0 + $452,218 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v6.0
Source object
202500309349300755

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.