Form 990 for tax year 2022
Filed by ARIZONA TECHNOLOGY COUNCIL EMPLOYEE BENEFIT TRUST.
Totals
- Total revenue
- $5,485,693
- Total expenses
- $5,441,658
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $5,485,693
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $244,550
- Total liabilities, end of year
- $168,985
- Net assets or fund balances, end of year
- $75,565
- 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: Employer contributions
total $5,465,814 · related or exempt $5,465,814
-
2b · Program service revenue: Participant contributi
total $19,879 · related or exempt $19,879
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $4,747,532
-
11a · Fees: management
total $192,014
-
11b · Fees: legal
total $3,888
-
11c · Fees: accounting
total $14,500
-
11g · Fees: other
total $483,282
-
13 · Office expenses
total $341
-
23 · Insurance
total $101
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $112,156 · end of year $241,272
-
4 · Accounts receivable
beginning of year $6,805 · end of year $3,278
-
17 · Accounts payable and accrued expenses
beginning of year $7,455 · end of year $13,511
-
19 · Deferred revenue
beginning of year $26,216 · end of year $61,261
-
25 · Other liabilities
beginning of year $53,760 · end of year $94,213
-
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 $31,530 · end of year $75,565
Mission and programs · 2022
Mission
To provide a trust under which the Arizona Technology Council (AZTC), a trade association, and eligible employer members of AZTC may make certain welfare benefits available for their participants, through group insurance or otherwise.
Activities or mission (Part I)
To provide qualified health and welfare benefits through group insurance arrangements.
-
The Trust was established to hold insurance policies through which participating employers can provide programs of health and other qualified benefits under the employee benefit plans they maintain for their employees and dependents.
As filed on the 2022 return.
Listed in Part VII
-
Steven Zylstra
Chair, Board of Trustees
- Total calculated
- $325,709
- From this org
- $0
- From related orgs
- $309,403
- Other
- $16,306
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $309,403 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $12,003 related
- Nontaxable benefits
- $0 + $4,303 related
- Filer's total
- $0 + $325,709 related
-
Kevin Sommerstedt
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Eric Marcus
Trustee
- Total calculated
- $0
- Hours/week
- 1
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
The filer's explanations (Part III)
- Part I, Line 3
- The compensation of the president/chief executive officer of the Arizona Technology Council (AZTC) is determined by the Executive Committee of the AZTC Board of Directors, which serves as the Compensation Committee.
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.
-
501(c)(6) · To connect and strengthen Arizona's technology industry and community. · AZ
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CMC Interconnect Technologies Inc
-
Micro-Hybrid Electronic Corp dba Nova-IR Inc
-
Alphacore Inc
-
DHX Software LLC
-
Boeckeler Instruments Inc
-
NP Photonics Inc
-
Deliverance Capital LLC
-
OpsTel Services LLC
-
Delta Development Team Inc
-
Distant Focus Corporation
-
Greenlight Traffic Engineering LLC
-
Aptech Systems Inc
-
Applied Energetics Inc
-
Klontech Measurement Solutions Inc
-
Marcus Networking Inc
-
Edge R & D
-
PerioEndoscopy LLC
-
PR Hoffman Inc
-
Horizon Benefits Group
-
Geoz Global LLC
-
Aspire Business Consultants Inc
-
Rocket Media LLC
-
SWS Electronics Inc
-
Aira Inc
-
Entrepix Inc
-
Iridescence Staffing LTD
-
Scientific Material Testing Laboratories LLC
-
Scynce LED LLC
-
GR Financial Group LLC
-
Cintana Education LLC
-
EscrowTab Inc
-
Fiduciary Outsourcing LLC
-
David Shapiro Law PLLC
-
Kaczmarek & Jojola PLLC
-
Isolates LLC
-
Earl & Curley PC
-
Savant Software Inc
-
Providence First Trust Company
-
GreenLoop IT Solutions Inc
-
Moffitt LLC
-
Triton Medical Solutions LLC
-
The Sensor Group LLC
-
Vyon Technology
-
Blufish Design Studio LLC
-
Yen Pilch Robaina Kresin PLC
-
Cell Shop Inc
-
Arizona Resource Specialists LLC
-
Proteum Machining LLC
-
Max Automate LLC
-
Milestone Formula
-
Arizona Venture Development Corporation
-
MCXXM INC
-
A & P Material Supply LLC
-
FullContour LLC
-
Yates LLC
-
Hildebrand Law PC
-
AZCrown Investments LLC
-
PAL Consulting Management LLC
-
Larsen Baker
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342889349300109
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