CAROLINA DEALERSHIPS INC WELFARE BENEFIT TRUST: Form 990, tax year 2019
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- Organization
- CAROLINA DEALERSHIPS INC WELFARE BENEFIT TRUST (EIN 20-2026448)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-09-29
- IRS object ID
- 202022739349301132
- Schema version
- 2019v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-09-29T11:27:38-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1003 RED BANKS ROAD | AddressLine1Txt |
| City | GREENVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27858 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202026448 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA DEALERSHIPS INC WELFARE BENEF | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARO | BusinessNameControlTxt |
| Phone | 3367245921 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5657 | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27113 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHESTER A MICHAEL III | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3367245921 | PhoneNum |
| Signature | 2020-09-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRANDON HALES | PreparerPersonNm |
| PTIN | P01319929 | PTIN |
| Phone | 2523210505 | PhoneNum |
| Preparation | 2020-09-21 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 149.20.199.95 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-09-22 | IPDt |
| IP Tm | 08:36:10 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 30CBA41AF44203EA3BFDEE581572FFBB88484437 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TOM PAULSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5657 | AddressLine1Txt |
| City | WINSTON SALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,615,953 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE HEALTH AND DISABILITY BENEFITS COVERING SUBSTANTIALLY ALL OF THE EMPLOYEES OF THE PARTICIPATING EMPLOYERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $14,712,897 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,611,689 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,496 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,264 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $14,716,393 | PYTotalRevenueAmt |
| CY Total Revenue | $15,615,953 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $10,413,800 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $11,805,149 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,387,469 | PYOtherExpensesAmt |
| CY Other Expenses | $3,578,223 | CYOtherExpensesAmt |
| PY Total Expenses | $13,801,269 | PYTotalExpensesAmt |
| CY Total Expenses | $15,383,372 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $915,124 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $232,581 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,022,741 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,278,899 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $967,979 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $872,758 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,054,762 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,406,141 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE HEALTH AND DISABILITY BENEFITS COVERING SUBSTANTIALLY ALL OF THE EMPLOYEES OF THE PARTICIPATING EMPLOYERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $15,383,372 | ExpenseAmt |
| Revenue | $15,615,953 | RevenueAmt |
| Desc | TO PROVIDE HEALTH AND DISABILITY BENEFITS COVERING SUBSTANTIALLY ALL OF THE EMPLOYEES OF THE PARTICIPATING EMPLOYERS. | Desc |
| Total Program Service Expenses | $15,383,372 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RENEE C PAKKALA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9197904758 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4900 CAPITAL BLVD | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27616 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (3 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 |
|---|---|---|---|---|---|---|
| CHESTER A MICHAEL III | ||||||
| TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $900,590 | $0 |
| CHED NEAL | ||||||
| TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $228,071 | $0 |
| T DAVID NEILL | ||||||
| TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $159,809 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,288,470 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUE CROSS & BLUE SHIELD | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1965 IVY CREEK BLVD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27707 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | ADMINISTRATIVE | ServicesDesc |
| Compensation | $1,144,647 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYEE CONTRIBUTIONS | 900099 | $8,464,321 | $8,464,321 |
| EMPLOYER CONTRIBUTIONS | 900099 | $7,147,368 | $7,147,368 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,611,689 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,264 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,264 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,615,953 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,615,953 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,805,149 | TotalAmt |
| Program Services | $11,805,149 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,321,486 | TotalAmt |
| Program Services | $2,321,486 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE | Desc |
| Total | $1,256,737 | TotalAmt |
| Program Services | $1,256,737 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,383,372 | TotalAmt |
| Program Services | $15,383,372 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,139,755 | BOYAmt |
| EOY | $2,513,094 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,765,145 | BOYAmt |
| EOY | $1,765,805 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,841 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,022,741 | BOYAmt |
| EOY | $4,278,899 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $967,979 | BOYAmt |
| EOY | $872,758 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $967,979 | BOYAmt |
| EOY | $872,758 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,054,762 | BOYAmt |
| EOY | $3,406,141 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,054,762 | BOYAmt |
| EOY | $3,406,141 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,022,741 | BOYAmt |
| EOY | $4,278,899 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $232,581 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $118,798 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CLAIMS INCURRED BUT NOT REPORTED | $849,181 |
| WH DEPOSITS/ADVANCES TO THIRD PARTY ADMINISTRATORS | $23,577 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $872,758 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,615,953 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,615,953 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $15,615,953 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,383,372 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,383,372 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $15,383,372 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING IS AN EXCERPT FROM THE FINANCIAL STATEMENTS OF CAROLINA DEALERSHIPS, INC. WELFARE BENEFIT TRUST CAFETERIA PLAN REGARDING THE ADOPTION OF FIN 48: THE VEBA TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE(IRS), DATED FEBRUARY 2, 2007, STATING THAT THE TRUST IS TAX-EXEMPT UNDER TO PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE ("IRC"). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2019 OR 2018 FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE EMPLOYER BELIEVES THAT THE TRUST, AS AMENDED, CONTINUES TO QUALIFY AND OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC, AND THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2019 AND 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAKING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHESTER A MICHAEL III | ||||||||||||||
| TRUSTEE | $0 | $900,590 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $900,590 | $0 | $0 |
| CHED NEAL | ||||||||||||||
| TRUSTEE | $0 | $228,071 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $228,071 | $0 | $0 |
| T DAVID NEILL | ||||||||||||||
| TRUSTEE | $0 | $159,809 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $159,809 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Sharing Of RevenuesSharingOfRevenuesInd |
|---|
| SEE SCHEDULE R PART V FOR |
| 0 |
| PARTICIPATING EMPLOYERS(INTERESTED |
| 0 |
| PERSONS) RELATED THROUGH COMMON |
| 0 |
| OWNERSHIP |
| 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | T. DAVID NEILL TRUSTEE COMMON OWNERSHIP IN RELATED ORGANIZATIONS BETWEEN MEMBERS CHESTER A. MICHAEL III TRUSTEE COMMON OWNERSHIP IN RELATED ORGANIZATIONS BETWEEN MEMBERS CHED NEAL TRUSTEE COMMON OWNERSHIP IN RELATED ORGANIZATIONS BETWEEN MEMBERS |
| FORM 990, PART VI, SECTION A, LINE 7B | DECISIONS SUBJECT TO APPROVAL OF MEMBER TRUSTEES HAVE THE RIGHT TO APPROVE OR RATIFY ALL DECISIONS OF THE GOVERNING COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS MADE AVAILABLE FOR REVIEW BY ALL MEMBERS OF COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC |
| FORM 990, PART XI, LINE 9: | NET CHANGE IN BENEFIT OBLIGATIONS 118,798. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|
| CAPITAL AUTOMOTIVE SALES LLC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 452063197 | SALES | 0 | 0 |
| BLUE STAR PROPERTIES LLC | |||||||
| 691 JONESTOWN ROAD | WINSTON SALEM | NC | 27103 | 200091531 | LEASING | 0 | 0 |
| CAPITAL CHRYSLER JEEP DODGE LLC | |||||||
| 200 WATERFIELD RIDGE PLACE | GARNER | NC | 27529 | 201683508 | SALES | 0 | 0 |
| CAPITAL FORD OF WILMINGTON LLC | |||||||
| 4222 OLEANDER DRIVE | WILMINGTON | NC | 28403 | 651191728 | SALES | 0 | 0 |
| CAPITAL MOTORSPORTS LLC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 454785461 | SALES | 0 | 0 |
| CAPITAL SUBARU OF GREENVILLE LLC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 462017141 | SALES | 0 | 0 |
| CAROLINAS COLLISION OF CHAPEL HILL LLC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 822641423 | COLLISION REPAIR | 0 | 0 |
| PARKS AT THE LAKE LLC | |||||||
| PO BOX 3149 | HUNTERSVILLE | NC | 28070 | 562144372 | SALES | 0 | 0 |
| BOB NEILL OF GREENSBORO LLC | |||||||
| 691 JONESTOWN RD | WINSTON SALEM | NC | 27103 | 562273384 | SALES | 0 | 0 |
| ARDEN GROUP LLC | |||||||
| 11 BROOKSTOWN AVENUE | WINSTON SALEM | NC | 27101 | 274477763 | SALES | 0 | 0 |
| CAROLINAS COLLISION OF DURHAM LLC | |||||||
| 222 S CHURCH ST STE 100 | CHARLOTTE | NC | 28202 | 831340634 | AUTO COLLISION REPAIR | 0 | 0 |
| PARKS BUICK GMC LLC | |||||||
| 615 HIGHWAY 66 S | KERNERSVILLE | NC | 27284 | 831734148 | SALES | 0 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (23 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|
| BEACH AUTOMOTIVE GROUP INC | |||||||
| PO BOX 3609 | MYRTLE BEACH | SC | 29578 | 260634733 | SALES | S | 0 |
| BOB NEILL INC | |||||||
| 691 JONESTOWN ROAD | WINSTON SALEM | NC | 27103 | 561522510 | SALES | S | 0 |
| CAPITAL AUTOMOTIVE OF GREENSBORO INC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 371796742 | SALES | S | 0 |
| CAPITAL AUTOMOTIVE OF INDIAN TRAIL INC | |||||||
| 100 NORTH CHERRY ST SUITE 600 | WINSTON SALEM | NC | 27101 | 831504021 | SALES | S | 0 |
| CAPITAL CHEVROLET INC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 611774812 | SALES | S | 0 |
| CAPITAL FORD OF CHARLOTTE INC | |||||||
| 5411 N TRYON ST | CHARLOTTE | NC | 28213 | 464057406 | SALES | S | 0 |
| CAPITAL FORD INC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 561456873 | SALES | S | 0 |
| CAPITAL LINCOLN-MERCURY INC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 562190675 | SALES | S | 0 |
| MOORESVILLE FORD MERCURY INC | |||||||
| PO BOX 509 | MOORESVILLE | NC | 28115 | 562216425 | SALES | S | 0 |
| MYRTLE BEACH CHEVROLET INC | |||||||
| 1785 HWY 501 | MYRTLE BEACH | SC | 29577 | 562150719 | SALES | S | 0 |
| NORTH POINT AUTOMOTIVE GROUP INC | |||||||
| 7726 NORTH POINT BLVD | WINSTON SALEM | NC | 27106 | 452936580 | SALES | S | 0 |
| NORTH POINT CHRYSLER JEEP INC | |||||||
| 7726 NORTH POINT BLVD | WINSTON SALEM | NC | 27106 | 561834734 | SALES | S | 0 |
| P AND G CHEVROLET INC | |||||||
| 6441 NORTH TRYON STREET | CHARLOTTE | NC | 28213 | 561634013 | SALES | S | 0 |
| PARKS CHEVROLET INC | |||||||
| 615 HWY 66 SOUTH | KERNERSVILLE | NC | 27284 | 560497774 | SALES | S | 0 |
| PARKWAY FORD INC | |||||||
| 2104 PETERS CREEK PARKWAY | WINSTON SALEM | NC | 27127 | 560770707 | SALES | S | 0 |
| PREMIER FORD LINCOLN MERCURY INC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 560890562 | SALES | S | 0 |
| RAY MOTOR COMPANY INC | |||||||
| 600 JULIAN CARR STREET | DURHAM | NC | 27702 | 560626458 | SALES | S | 0 |
| UNIVERSITY FORD INC | |||||||
| 600 JULIAN CARR STREET | DURHAM | NC | 27702 | 561503100 | SALES | S | 0 |
| VOTT INC | |||||||
| 701 PETERS CREEK PARKWAY | WINSTON SALEM | NC | 27103 | 562075577 | SALES | S | 0 |
| PARKWAY FORD LINCOLN OF LEXINGTON INC | |||||||
| 2104 PETERS CREEK PARKWAY | WINSTON SALEM | NC | 27127 | 261457562 | SALES | S | 0 |
| HILLSBOROUGH AUTOMOTIVE GROUP INC | |||||||
| 4900 LEIGH DRIVE | RALEIGH | NC | 27616 | 822086041 | SALES | S | 0 |
| CAPITAL OF JACKSONVILLE I INC | |||||||
| 100 NORTH CHERRY ST SUITE 600 | WINSTON SALEM | NC | 27101 | 842017506 | SALES | S | 0 |
| CAPITAL OF LEXINGTON INC | |||||||
| 100 NORTH CHERRY ST SUITE 600 | WINSTON SALEM | NC | 27101 | 542085471 | SALES | S | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |