2023-06-05T15:50:13-04:00 2022-12-31 431122456 NOVAK BIRKS PC 4435 MAIN ST STE 500 KANSAS CITY MO 641111858 990 2022-01-01 856711013 MCANANY VAN CLEAVE & PHILLIPS WELFARE BENEFIT PLAN MCAN 9133713838 10 E CAMBRIDGE CIR DR SUITE 300 KANSAS CITY KS 66103 PHILLIP SANDERS TRUSTEE & TREASURER 9133713838 2023-06-02 PHILLIP SANDERS 999009999 false WILLIAM J MILLER CPA P01604284 8169316111 2023-06-05 2022 2023-04-26 12:10:37Z X PHILLIP SANDERS 10 E CAMBRIDGE CIR DR SUITE 300 KANSAS CITY KS 66103 3903871 false X X KS 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. 3 3 0 0 2084492 3794667 108566 3 638 0 2084495 3903871 0 1822758 1921326 0 0 0 752197 767710 2574955 2689036 -490460 1214835 1165362 2380197 0 1165362 2380197 X 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. false false 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. false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 12 0 0 false false false false false false false false X 3 3 false false false false false false false true true false false true false false false false false false X PHILLIP SANDERS 9133713838 10 E CAMBRIDGE CIR DR SUITE 300 KANSAS CITY KS 66103 X BRYON BOWLES TRUSTEE 2.00 0.00 X X 0 0 0 DAVID MENGHINI TRUSTEE 2.00 0.00 X X 0 0 0 PHILLIP SANDERS TRUSTEE & TR 2.00 0.00 X X 0 0 0 false false false 3794667 3794667 PRESCRIPTION REBATES 108566 108566 108566 638 638 3903871 108566 638 1921326 1921326 765735 765735 1665 1665 310 310 2689036 1921326 767710 0 1165362 2380197 1165362 2380197 0 0 X 1165362 2380197 1165362 2380197 1165362 2380197 1214835 X X false true X true false FORM 990 - ORGANIZATION'S MISSION 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. FORM 990, PAGE 2, PART III, 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. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS REVIEWED BY THE TRUSTEES PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII LINE 2B: THE AUDIT FOR THE ORGANIZATION WAS NOT COMPLETED PRIOR TO THE RETURN BEING FILED. THE ORGANIZATION RECEIVED ITS DETERMINATION LETTER IN MARCH 2023 EXEMPTING IT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(9). UNFORTUNATELY, THE RETURN PREPARER FAILED TO ENTER THE ENTITY'S REQUIREMENT TO FILE A 990 INTO THE SYSTEM BEFORE THE DUE DATE OF MAY 15TH AND AN EXTENSION WAS NOT FILED. IT WAS AN OVERSIGHT, AND THE RETURN WAS PREPARED AS SOON AS THE ERROR WAS FOUND. PROCEDURES HAVE BEEN IMPLEMENTED SO THAT THIS DOES NOT HAPPEN IN THE FUTURE. IF THIS IS INSUFFICIENT TO ALLOW A PENALTY WAIVER ON THE GROUNDS OF REASONABLE CAUSE, WE REQUEST THAT THE PENALTY BE WAIVED AS A FIRST-TIME ABATEMENT PENALTY WAIVER (FTA) FOR THE ORGANIZATION.