NORTHWEST AIRLINES SECTION 1114 VEBA TRUST

Address
304 SOUTH VICTORIA AVENUE Suite C
PUEBLO, CO 81003
Contact
Phone: +1 (719) 744-0043
Nonprofit
NTEE: Y20 - Insurance Providers, Services
EIN: 26-0234311

Mission

THE PLAN WAS ESTABLISHED TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.
 20172016201520142013
Basic features of the organization
Year of formation2007
Subsection code09
PF filing required0    
Metropolitan statistical area6560
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$3,500.00$2,099.00$2,399.00$2,400.00$2,400.00
Sum of reportable (W2/1099) compensation$3,500.00$2,099.00$2,399.00$2,400.00$2,400.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors0000 
Personnel
Bertsch, Arlo
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personARLO BERTSCHARLO BERTSCHARLO BERTSCHARLO BERTSCHARLO BERTSCH
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.02.02.02.02.0
Reportable compensation from org$500.00$300.00$300.00$300.00$300.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.0  
Cameron, William
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personWILLIAM CAMERONWILLIAM CAMERONWILLIAM CAMERONWILLIAM CAMERONWILLIAM CAMERON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.02.02.02.02.0
Reportable compensation from org$500.00$300.00$300.00$300.00$300.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.0  
Halverson, Eileen
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personEILEEN HALVERSONEILEEN HALVERSONEILEEN HALVERSONEILEEN HALVERSONEILEEN HALVERSON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.02.02.02.02.0
Reportable compensation from org$500.00$300.00$300.00$300.00$300.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.0  
Kohls, Robert
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personROBERT KOHLSROBERT KOHLSROBERT KOHLSROBERT KOHLSROBERT KOHLS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.02.02.02.02.0
Reportable compensation from org$500.00$300.00$300.00$300.00$300.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.0  
Pauly, John
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personJOHN PAULYJOHN PAULYJOHN PAULYJOHN PAULYJOHN PAULY
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.02.02.02.02.0
Reportable compensation from org$500.00$300.00$300.00$300.00$300.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.0  
Redeske, James
Title  TRUSTEETRUSTEETRUSTEE
Name of key/compensated person  JAMES REDESKEJAMES REDESKEJAMES REDESKE
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  2.02.02.0
Reportable compensation from org  $300.00$300.00$300.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.0  
Sandrin, Marvin
TitleCHAIRMANCHAIRMANCHAIRMANCHAIRMANCHAIRMAN
Name of key/compensated personMARVIN SANDRINMARVIN SANDRINMARVIN SANDRINMARVIN SANDRINMARVIN SANDRIN
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org2.02.02.02.02.0
Reportable compensation from org$1,000.00$599.00$599.00$600.00$600.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.0  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.TO PROVIDE PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.
Programs, including revenue & expenses
THE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.
Program descriptionTHE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.THE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.THE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.THE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.THE PLAN PROVIDES PREMIUM SUBSIDY BENEFITS TO RETIRED EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS FOR QUALIFIED HEALTH CARE COVERAGE.
Financial data
Revenue
Total revenue$1,021,116.00$389,911.00$733,076.00$834,223.00$469,522.00
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$1,021,116.00$389,911.00$733,076.00$834,223.00$469,522.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue $0.00 $0.00$0.00
Program service revenue (total)$0.00$0.00$0.00$0.00$0.00
Gross receipts$3,856,862.00$2,274,950.00$3,714,146.00$5,456,313.00$4,207,505.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00$0.00
Miscellaneous revenue (total)$0.00$0.00$0.00$0.00$0.00
Net revenue from gaming (total)$0.00$0.00$0.00$0.00$0.00
Income from dividends, interest, and similar investments$29,862.00$12,150.00$5,146.00$6,313.00$15,505.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00$0.00$0.00$0.00$0.00
Net inventory sales (total)$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$3,876,982.00$3,802,206.00$4,245,111.00$5,063,073.00$5,922,310.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00$0.00$0.00
Legal fees (total)$5,111.00$6,307.00$3,095.00$8,109.00$5,795.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$70,329.00$64,890.00$63,348.00$69,347.00$65,490.00
Assets and liabilities
Total assets$24,782,503.00$27,788,026.00$31,166,976.00$34,667,925.00$39,997,047.00
Total assets, beginning of year$27,788,026.00$31,166,976.00$34,667,925.00$39,997,047.00$42,423,999.00
Total liabilities$385,668.00$415,627.00$56,441.00$403,721.00$1,559,489.00
Total liabilities, beginning of year$415,627.00$56,441.00$403,721.00$1,559,489.00$18,094.00
Pledges & accounts receivable, net$0.00$0.00$0.00$0.00$0.00
Loans & receivables from key persons$0.00$0.00$0.00$0.00$0.00
Net assets$24,396,835.00$27,372,399.00$31,110,535.00$34,264,204.00$38,437,558.00
Net assets, beginning of year$27,372,399.00$31,110,535.00$34,264,204.00$38,437,558.00$42,405,905.00
Other liabilities$287,888.00$331,789.00$0.00$379,879.00$1,529,297.00
Bond liabilities$0.00$0.00$0.00$0.00$0.00
Intangible assets$0.00$0.00$0.00$0.00$0.00
Other assets$303,773.00$1,965.00$500.00$422.00$732.00
Investments: other securities$19,515,434.00$22,444,435.00$24,592,506.00$27,181,210.00$31,746,725.00
Investments: publicly traded securities$0.00$0.00$0.00$0.00$0.00
Cash: non-interest bearing$328,233.00$82,669.00$323,260.00$763,019.00$1,028,223.00
Cash: non-interest bearing, beginning of year$82,669.00$323,260.00$763,019.00$1,028,223.00$82,166.00
Investments -- program-related$0.00$0.00$0.00$0.00$0.00
Escrow or custodial account liability$0.00$0.00$0.00$0.00$0.00
Loans and other payables to key persons$0.00$0.00$0.00$0.00$0.00
Grants payable$0.00$0.00$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00$0.00$0.00$0.00
Other financial variables
Revenue less expenses-$2,855,866.00-$3,412,295.00-$3,512,035.00-$4,228,850.00-$5,452,788.00
Advertising (total)$0.00$0.00$0.00$0.00$0.00
Savings & temp cash investment$4,635,063.00$5,258,957.00$5,750,710.00$6,723,274.00$7,221,367.00
Accounts receivable, net$0.00$0.00$500,000.00$0.00$0.00
Prepaid expenses & deferred charges$0.00$0.00$0.00$0.00$0.00
Accounts payable & accrued expenses$97,780.00$83,838.00$56,441.00$23,842.00$30,192.00
Deferred revenue$0.00$0.00$0.00$0.00$0.00
Unsecured notes & loans to unrelated parties$0.00$0.00$0.00$0.00$0.00
Secured mortgages and notes payable$0.00$0.00$0.00$0.00$0.00
Total net assets or fund balances$24,396,835.00$27,372,399.00$31,110,535.00$34,264,204.00$38,437,558.00
Depreciation, depletion, amortization$0.00$0.00$0.00$0.00$0.00
Payment to affiliates$0.00$0.00$0.00$0.00$0.00
Governance and accountability
Number of voting members66777
Number of independent voting members66777
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-05-012015-05-012014-05-012013-05-012012-05-01
Tax year end date2017-04-012016-04-012015-04-012014-04-012013-04-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-04-032017-08-092016-07-212015-03-192014-04-07
IRS schema version2016v3.12015v3.02014v6.02013v4.02012v2.3
Filing identifier201810729349301016201710659349300696201630759349300243201540659349300239201410769349300721
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