Mcanany Van Cleave & Phillips Welfare Benefit Tr
- Assets
- $2.4m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, KS
- Founding
- Data as of
- 12/2022
- EIN
- 85-6711013
Organization Overview
Mcanany Van Cleave & Phillips Welfare Benefit Tr is located in Kansas City, KS. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcanany Van Cleave & Phillips Welfare Benefit Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOLE PURPOSE OF THE TRUST IS TO HOLD THE ASSETS OF THE WELFARE BENEFIT PLAN AND TO FUND THE COST OF HEALTH CARE AND OTHER EMPLOYEE BENEFITS FOR THE EMPLOYEES OF MCANANY, VAN CLEAVE & PHILLIPS, PA (MVP), AND ITS ELIGIBLE DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACTIVITIES OF THE TRUST ARE CARRIED OUT BY THE PLAN ADMINISTRATOR UNDER THE DIRECTION OF THE TRUSTEES AND ARE CONDUCTED AT THE OFFICES OF THE PLAN SPONSOR, MVP. THE TRUST IS FUNDED BY EMPLOYER CONTRIBUTIONS AND PARTICIPATING EMPLOYEE CONTRIBUTIONS. THE PLAN ADMINISTRATOR UNDER THE GUIDANCE OF THE TRUSTEES HAS ESTABLISHED AND IMPLEMENTED A FUNDING POLICY TO INSURE THE PLAN HAS SUFFICIENT ASSETS READILY AVAILABLE TO MEET ITS OBLIGATIONS. ALL THE TRUST'S EXPENSES ARE ALLOCATED TO THIS ACTIVITY, EXCEPT ANY TAXES OR ADMINISTRATIVE FEES THAT THE TRUST IS LIABLE FOR MAY ALSO BE PAID FROM THE TRUST AS PROVIDED BY THE TRUST DOCUMENT. THESE ACTIVITIES FURTHER THE EXEMPT PURPOSE OF THE VEBA TRUST UNDER SECTION 501 (C)(9) OF THE INTERNAL REVENUE CODE BY PROVIDING BENEFITS TO THE ELIGIBLE EMPLOYEES OF MVP AND THEIR ELIGIBLE DEPENDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryon Bowles Trustee | OfficerTrustee | 2 | $0 |
David Menghini Trustee | OfficerTrustee | 2 | $0 |
Phillip Sanders Trustee & Tr | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,794,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,794,667 |
| Total Program Service Revenue | $108,566 |
| Investment income | $638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,903,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,921,326 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $765,735 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,689,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,380,197 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,380,197 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,380,197 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,380,197 |