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Iam Local 2848 Ford Retirees Veba Trust

  • Brunswick, OH
  • Tax-exempt since Dec. 2009
  • EIN: 27-0937295

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$368k (2023)

Expenses
$937k (2023)

Total Assets
$17.9M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$367,683
Expenses
$936,992
Net Income
-$569,309
Net Assets
$17,938,021
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,308
3.9%
Investment Income $634,007
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$280,632
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,850
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,938,021
Total Liabilities $0
Net Assets $17,938,021
Compensation
Key Employees and Officers Compensation Related Other
Larry W Shepherd (Trustee) $4,350 $0 $0
George Britnell (Trustee) $4,225 $0 $0
Jarry M Tracz (Trustee) $4,100 $0 $0
Ricky S Thunberg (Committee Ch) $3,875 $0 $0
Dennis Jones (Trustee) $3,850 $0 $0
George J Lichman (Committee Me) $2,300 $0 $0
David Megenhardt (Committee Me) $2,150 $0 $0
+ View more people

Document Links

990
Filed on Oct. 24, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$510,261
Expenses
$945,125
Net Income
-$434,864
Net Assets
$17,588,054
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,328
3.6%
Investment Income $582,792
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$90,859
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $20,000
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,588,379
Total Liabilities $325
Net Assets $17,588,054
Compensation
Key Employees and Officers Compensation Related Other
Jarry M Tracz (Trustee) $3,600 $0 $0
George Britnell (Trustee) $3,600 $0 $0
Ricky S Thunberg (Committee Ch) $3,575 $0 $0
Dennis Jones (Trustee) $3,475 $0 $0
Larry W Shepherd (Trustee) $2,950 $0 $0
David Megenhardt (Committee Me) $1,400 $0 $0
George J Lichman (Committee Me) $1,400 $0 $0
+ View more people

Document Links

990
Filed on Oct. 26, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$920,565
Expenses
$1,077,564
Net Income
-$156,999
Net Assets
$20,371,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $194,881
21.2%
Investment Income $625,891
68.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $99,793
10.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $20,500
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,371,508
Total Liabilities $0
Net Assets $20,371,508
Compensation
Key Employees and Officers Compensation Related Other
Ricky S Thunberg (Committee Ch) $3,675 $0 $0
Jarry M Tracz (Trustee) $3,625 $0 $0
Dennis Jones (Trustee) $3,500 $0 $0
Larry W Shepherd (Trustee) $3,500 $0 $0
George Britnell (Trustee) $3,500 $0 $0
George J Lichman (Committee Me) $1,450 $0 $0
David Megenhardt (Committee Me) $1,250 $0 $0
+ View more people

Document Links

990
Filed on Oct. 27, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$923,562
Expenses
$1,121,948
Net Income
-$198,386
Net Assets
$19,178,675
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $246,917
26.7%
Investment Income $684,738
74.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,093
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,875
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,182,485
Total Liabilities $3,810
Net Assets $19,178,675
Compensation
Key Employees and Officers Compensation Related Other
Dennis Jones (Trustee) $2,800 $0 $0
Larry W Shepherd (Trustee) $2,800 $0 $0
Jarry M Tracz (Trustee) $2,800 $0 $0
George Britnell (Trustee) $2,800 $0 $0
Ricky S Thunberg (Committee Ch) $2,275 $0 $0
David Megenhardt (Committee Me) $1,200 $0 $0
George J Lichman (Committee Me) $1,200 $0 $0
+ View more people

Document Links

990
Filed on Oct. 21, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,160,094
Expenses
$1,277,822
Net Income
-$117,728
Net Assets
$18,605,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $508,040
43.8%
Investment Income $643,986
55.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,068
0.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $17,625
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,610,206
Total Liabilities $4,475
Net Assets $18,605,731
Compensation
Key Employees and Officers Compensation Related Other
Ricky S Thunberg (Committee Ch) $3,250 $0 $0
George Britnell (Trustee) $3,050 $0 $0
Dennis Jones (Trustee) $2,975 $0 $0
Larry W Shepherd (Trustee) $2,975 $0 $0
Jerry Tracz (Trustee) $2,150 $0 $0
George J Lichman (Committee Me) $1,425 $0 $0
David Megenhardt (Committee Me) $1,175 $0 $0
William A Snelly (Trustee) $625 $0 $0
+ View more people

Document Links

990
Filed on Oct. 29, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,292,267
Expenses
$1,453,415
Net Income
-$161,148
Net Assets
$16,746,381
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $551,070
42.6%
Investment Income $621,224
48.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $119,973
9.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,600
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,808,338
Total Liabilities $61,957
Net Assets $16,746,381
Compensation
Key Employees and Officers Compensation Related Other
Ricky S Thunberg (Committee Ch) $2,700 $0 $0
Larry W Shepherd (Trustee) $2,400 $0 $0
George Britnell (Trustee) $2,325 $0 $0
William A Snelly (Trustee) $2,300 $0 $0
Dennis Jones (Trustee) $2,250 $0 $0
George J Lichman (Committee Me) $875 $0 $0
David Megenhardt (Committee Me) $750 $0 $0
+ View more people

Document Links

990
Filed on Oct. 24, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,297,546
Expenses
$1,909,452
Net Income
$388,094
Net Assets
$18,031,887
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $605,385
26.3%
Investment Income $1,711,268
74.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$19,107
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,700
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,127,318
Total Liabilities $95,431
Net Assets $18,031,887
Compensation
Key Employees and Officers Compensation Related Other
Ricky S Thunberg (Committee Ch) $2,675 $0 $0
Larry W Shepherd (Trustee) $2,250 $0 $0
William A Snelly (Trustee) $2,225 $0 $0
George Britnell (Trustee) $2,100 $0 $0
Dennis Jones (Trustee) $2,075 $0 $0
George J Lichman (Committee Me) $1,250 $0 $0
David Megenhardt (Committee Me) $1,125 $0 $0
+ View more people

Document Links

990
Filed on Sept. 27, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,943,109
Expenses
$1,898,439
Net Income
$44,670
Net Assets
$17,643,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $624,555
32.1%
Investment Income $1,385,017
71.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$66,463
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,380
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,732,635
Total Liabilities $88,842
Net Assets $17,643,793
Compensation
Key Employees and Officers Compensation Related Other
William A Snelly (Trustee) $2,320 $0 $0
Dennis Jones (Trustee) $2,275 $0 $0
Larry W Shepherd (Trustee) $2,125 $0 $0
David G Hoover (Trustee) $1,560 $0 $0
Ricky S Thunberg (Committee Ch) $1,350 $0 $0
George J Lichman (Committee Me) $1,125 $0 $0
David Megenhardt (Committee Me) $1,000 $0 $0
George Britnell (Trustee) $625 $0 $0
+ View more people

Document Links

990
Filed on Sept. 29, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$735,670
Expenses
$1,918,594
Net Income
-$1,182,924
Net Assets
$17,599,123
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $646,870
87.9%
Investment Income $86,930
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,870
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,075
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,610,093
Total Liabilities $10,970
Net Assets $17,599,123
Compensation
Key Employees and Officers Compensation Related Other
Dennis Jones (Trustee) $2,125 $0 $0
Larry W Shepherd (Trustee) $2,050 $0 $0
William A Snelly (Trustee) $2,050 $0 $0
David G Hoover (Trustee) $1,900 $0 $0
Ricky S Thunberg (Committee Ch) $1,200 $0 $0
George J Lichman (Committee Me) $1,000 $0 $0
David Megenhardt (Committee Me) $750 $0 $0
+ View more people

Document Links

990
Filed on Oct. 27, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,724,401
Expenses
$2,089,841
Net Income
-$365,440
Net Assets
$18,782,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $640,710
37.2%
Investment Income $1,145,859
66.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$62,168
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,255
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,782,047
Total Liabilities $0
Net Assets $18,782,047
Compensation
Key Employees and Officers Compensation Related Other
Dennis Jones (Trustee) $2,245 $0 $0
Larry Shepherd (Trustee) $2,195 $0 $0
William Snelly (Trustee) $2,195 $0 $0
Rick Thunberg (Committee Me) $1,950 $0 $0
David Hoover (Trustee) $1,275 $0 $0
David Megenhardt (Committee Me) $1,250 $0 $0
George Lichman (Committee Me) $1,125 $0 $0
Mark Gwynn (Trustee) $1,020 $0 $0
+ View more people

Document Links

990
Filed on Oct. 29, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,887,332
Expenses
$2,115,656
Net Income
-$228,324
Net Assets
$19,147,487
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $654,900
34.7%
Investment Income $1,360,499
72.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$128,067
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,820
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,147,487
Total Liabilities $0
Net Assets $19,147,487
Compensation
Key Employees and Officers Compensation Related Other
Mark Gwynn (Trustee) $2,680 $0 $0
Rick Thunberg (Trustee) $2,040 $0 $0
Larry Shepherd (Trustee) $1,960 $0 $0
Dennis Jones (Trustee) $1,880 $0 $0
William Snelly (Committee Me) $1,160 $0 $0
David Megenhardt (Committee Me) $1,050 $0 $0
Brad Fralic (Committee Me) $850 $0 $0
Anthony Albright (Committee Me) $200 $0 $0
+ View more people

Document Links

990
Filed on Nov. 10, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,528,941
Expenses
$2,415,408
Net Income
$113,533
Net Assets
$19,375,811
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $669,459
26.5%
Investment Income $1,578,613
62.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $280,869
11.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,875
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,375,811
Total Liabilities $0
Net Assets $19,375,811

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,276,059
Expenses
$2,678,724
Net Income
-$1,402,665
Net Assets
$19,262,278
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $673,683
52.8%
Investment Income $633,703
49.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$31,327
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $13,835
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,262,278
Total Liabilities $0
Net Assets $19,262,278

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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