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Nonprofiteer
← CAL POLY CORPORATION VEBA TR

Form 990 for tax year 2022

Filed by CAL POLY CORPORATION VEBA TR.

Totals

Total revenue
$1,105,368
Total expenses
$1,488,596
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$335,744
Investment income
$769,624
Other revenue
$0
Total assets, end of year
$26,247,713
Total liabilities, end of year
$13,988
Net assets or fund balances, end of year
$26,233,725
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 $335,744 · related or exempt $335,744

  • 3 · Investment income

    total $767,135 · excluded $767,135

  • 7a · Gross sales of assets other than inventory

    securities $1,595,000

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

    securities $1,592,511

  • 7c · Gain or loss

    securities $2,489

  • 7d · Net gain or loss

    total $2,489 · excluded $2,489

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $1,415,823

  • 5 · Compensation of officers, directors and key employees

    total $5,075

  • 11c · Fees: accounting

    total $14,170

  • 11f · Fees: investment management

    total $52,248

  • 11g · Fees: other

    total $1,280

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $111,353 · end of year $162,455

  • 4 · Accounts receivable

    beginning of year $5 · end of year $22

  • 11 · Investments: publicly traded securities

    beginning of year $25,877,633 · end of year $26,085,236

  • 17 · Accounts payable and accrued expenses

    beginning of year $67,392 · end of year $13,988

  • 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 $25,921,599 · end of year $26,233,725

Mission and programs · 2022

Mission

TO PROVIDE AN ENTITY FOR PAYING FUNDS FOR CERTAIN OTHER POST-EMPLOYMENT BENEFITS ON BEHALF OF ELIGIBLE RETIREES AND THEIR DEPENDENTS.

Activities or mission (Part I)

PAYING CERTAIN OTHER POST-EMPLOYMENT BENEFITS FOR ELIGIBLE RETIREES AND THEIR DEPENDENTS.

  • PAYING CERTAIN OTHER POST-EMPLOYMENT BENEFITS ON BEHALF OF ELIGIBLE RETIREES AND THEIR DEPENDENTS.

As filed on the 2022 return.

Listed in Part VII

  • Dan Banfield

    CHIEF ADMINISTRATOR

    Total calculated
    $232,112
    From this org
    $0
    From related orgs
    $200,375
    Other
    $31,737
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,351 related
    Bonus
    $0
    Other
    $0 + $24 related
    Deferred
    $0 + $11,804 related
    Nontaxable benefits
    $0 + $19,933 related
    Filer's total
    $0 + $232,112 related

  • Joe Alves

    SECRETARY

    Total calculated
    $128,269
    From this org
    $0
    From related orgs
    $99,862
    Other
    $28,407
    Hours/week
    1 + 40 related

  • Jodi Block Part Yr-0822

    CPC BENEFITS COMMITTEE MBR

    Total calculated
    $101,717
    From this org
    $0
    From related orgs
    $88,627
    Other
    $13,090
    Hours/week
    1 + 40 related

  • Umut Brown

    CPC BENEFITS COMMITTEE MBR

    Total calculated
    $136,522
    From this org
    $0
    From related orgs
    $107,500
    Other
    $29,022
    Hours/week
    1 + 40 related

  • Tiffany Kramlich

    CPC BENEFITS COMMITTEE MBR

    Total calculated
    $43,498
    From this org
    $0
    From related orgs
    $37,552
    Other
    $5,946
    Hours/week
    1 + 40 related

  • Russell Monteath

    CPC BENEFITS COMMITTEE MBR

    Total calculated
    $127,699
    From this org
    $0
    From related orgs
    $116,805
    Other
    $10,894
    Hours/week
    1 + 40 related

  • Julia Perez

    CPC BENEFITS COMMITTEE MBR

    Total calculated
    $102,661
    From this org
    $0
    From related orgs
    $76,700
    Other
    $25,961
    Hours/week
    1 + 40 related

  • Jennifer Wharton Part Yr-0822

    CPC BENEFITS COMMITTEE MBR

    Total calculated
    $120,802
    From this org
    $0
    From related orgs
    $100,248
    Other
    $20,554
    Hours/week
    1 + 40 related

  • Us Bank Inst'L Trust & Custody

    TRUSTEE, NONVOTING

    Total calculated
    $5,075
    From this org
    $5,075
    From related orgs
    $0
    Other
    $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

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.

  • CAL POLY CORPORATION

    501(C)(3) · SERVICES AND FACILITIES INTEGRAL TO EDUCATIONAL MISSION OF CPSU · CA

  • CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO

    115 · STATE UNIVERSITY - VEBA FORMED TO SUPPORT CPC, AUXILIARY OF CPSU · CA

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202441359349307154

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