SWOPE GROUP EMPLOYEE BENEFIT FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: SWOPE GROUP EMPLOYEE BENEFIT FUND (EIN 31-0999192)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202443209349303024
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T08:55:38-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	610713437	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BOWDEN & WOOD PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	304 MIDDLETOWN PARK PLACE	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	402432555	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	310999192	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SWOPE GROUP EMPLOYEE BENEFIT FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SWOP	BusinessNameControlTxt
Phone	2707652181	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1100 N DIXIE HIGHWAY	AddressLine1Txt
City	ELIZABETHTOWN	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	42701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JENNIFER KESSLER	PersonNm
Person Title	OFFICER	PersonTitleTxt
Phone	2707652181	PhoneNum
Signature	2024-11-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	NICHOLAS M SCHAEFER	PreparerPersonNm
PTIN	P00449123	PTIN
Phone	5025830262	PhoneNum
Preparation	2024-11-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JENNIFER KESSLER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1100 N DIXIE HWY	AddressLine1Txt
City	ELIZABETHTOWN	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	42701	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,866,789	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Trust	Yes (X)	TypeOfOrganizationTrustInd
Formation	1980	FormationYr
Legal Domicile State	KY	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE MEDICAL EXPENSES FOR EMPLOYEES	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$3,110,681	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,866,789	CYProgramServiceRevenueAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$3,110,681	PYTotalRevenueAmt
CY Total Revenue	$2,866,789	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$2,120,007	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$2,505,499	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$501,850	PYOtherExpensesAmt
CY Other Expenses	$475,045	CYOtherExpensesAmt
PY Total Expenses	$2,621,857	PYTotalExpensesAmt
CY Total Expenses	$2,980,544	CYTotalExpensesAmt
PY Revenues Less Expenses	$488,824	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$113,755	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,554,067	TotalAssetsBOYAmt
Total Assets EOY	$1,440,312	TotalAssetsEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,554,067	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,440,312	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE MEDICAL AND PRESCRIPTION DRUG BENEFITS FOR PARTICIPATING EMPLOYEES AND THEIR ENROLLED DEPENDENTS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	MEDICAL EXPENSES FOR EMPLOYEES	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	false	MinutesOfGoverningBodyInd
Minutes Of Committees	false	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CREATIVE AUTOMOTIVE SOLUTIONS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2707652181	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1100 NORTH DIXIE HIGHWAY	AddressLine1Txt
City	ELIZABETHTOWN	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	42701	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
MR DENNIS FANTE
TRUSTEE	0.50	40.00	Yes (X)	$0	$0	$0
MR RICHARD SWOPE
TRUSTEE	0.50	2.00	Yes (X)	$0	$0	$0
MR CARL SWOPE
TRUSTEE	0.50	40.00	Yes (X)	$0	$0	$0
MR ROBERT SWOPE
TRUSTEE	0.50	2.00	Yes (X)	$0	$0	$0
JENNIFER KESSLER
OFFICER	1.00	40.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UMR	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	115 W WAUSAU AVE	AddressLine1Txt
City	WAUSAU	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	544012875	ZIPCd

Field	Value	IRS element (for citing)
Services	PLAN MANAGEMENT	ServicesDesc
Compensation	$465,545	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PREMIUMS	525100	$2,647,718	$2,647,718
PRESCRIPTION REBATES	525100	$207,476	$207,476
COBRA REIMBURSEMENTS	525100	$11,595	$11,595

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,866,789	TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,866,789	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,866,789	RelatedOrExemptFuncIncomeAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$2,505,499	TotalAmt
Program Services	$2,505,499	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$9,500	TotalAmt
Management And General	$9,500	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	CONTRACT ADMINISTRATOR	Desc
Total	$465,545	TotalAmt
Program Services	$465,545	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,980,544	TotalAmt
Program Services	$2,971,044	ProgramServicesAmt
Management And General	$9,500	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,554,067	BOYAmt
EOY	$1,440,312	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,554,067	BOYAmt
EOY	$1,440,312	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$1,554,067	BOYAmt
EOY	$1,440,312	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,554,067	BOYAmt
EOY	$1,440,312	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,554,067	BOYAmt
EOY	$1,440,312	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$113,755	ReconcilationRevenueExpnssAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Rev Etc Audited Fincl Stmt	$2,866,789	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$2,866,789	RevenueSubtotalAmt
Total Revenue Per Form990	$2,866,789	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,980,544	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$2,980,544	ExpensesSubtotalAmt
Total Expenses Per Form990	$2,980,544	TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 2	RICHARD SWOPE TRUSTEE CARL SWOPE TRUSTEE ROBERT SWOPE TRUSTEE
FORM 990, PAGE 6, PART VI, LINE 8A	NO MEETINGS WERE HELD
FORM 990, PAGE 6, PART VI, LINE 8B	NO MEETINGS WERE HELD
FORM 990, PAGE 6, PART VI, LINE 11B	A COPY OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE GOVERNING BODY ONCE APPROVED.
FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST THEY CAN BE VIEWED.
FORM 990, PART VII	MR. RICHARD SWOPE - 6514 DIXIE HWY, LOUISVILLE, KY 40258 - DIRECTOR MR. CARL SWOPE - 1100 N. DIXIE HWY, ELIZABETHTOWN, KY 42701 - DIRECTOR MR. DENNIS FANTE - 6514 DIXIE HWY, LOUISVILLE, KY 40258 - DIRECTOR MR. ROBERT SWOPE - 1100 N. DIXIE HWY, ELIZABETHTOWN, KY 42701 - DIRECTOR MRS. JENNIFER KESSLER - 1100 N. DIXIE HWY, ELIZABETHTOWN, KY 42701 - OFFICER THE DIRECTORS AND OFFICER ARE FAIRLY COMPENSATED BY THE EMPLOYERS SPONSORING AND CONTRIBUTING TO THE ORGANIZATION. PER FORM 990 INSTRUCTIONS, THESE ORGANIZATIONS AND COMPENSATION SHOULD BE REPORTED. NO COMPENSATION IS PROVIDED BY THE SWOPE GROUP EMPLOYEE BENEFIT FUND. THIS INFORMATION CAN BE FURNISHED IN THE EVENT OF AN IRS REVIEW.