2024-10-12T17:28:08-05:00 2023-12-31 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2023-01-01 843009948 Arizona Techonology Council Employee Benefit Trust ARIZ 4257717359 PO Box 6 Mukilteo WA 98275 Steven Zylstra Chair 6024229447 2024-10-12 1 1 SCOTT OPPERUD CPA P00542597 5097472158 2024-10-12 2023 2024-10-15 13:58:12Z Steven Zylstra 2800 N Central Avenue Suite 1530 Phoenix AZ 85004 7452553 0 X www.aztechcouncil.org/ahp/ X 2019 AZ To provide qualified health and welfare benefits through group insurance arrangements. 3 2 0 0 0 0 0 0 5485693 7452553 0 0 0 0 5485693 7452553 0 0 4747532 6453634 0 0 0 0 0 694126 928176 5441658 7381810 44035 70743 244550 326010 168985 179702 75565 146308 To provide a trust under which the Arizona Technology Council (AZTC), a trade association, and eligible employer members of AZTC may make certain welfare benefits available for their participants, through group insurance or otherwise. 0 0 The Trust was established to hold insurance policies through which participating employers can provide programs of health and other qualified benefits under the employee benefit plans they maintain for their employees and dependents. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 X 3 2 1 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Vimly Benefit Solutions Inc 4257717359 12121 Harbour Reach Drive Suite 105 Mukilteo WA 98275 Steven Zylstra Chair, Board of Trustees 2.00 40.00 X X 0 313727 12640 Kevin Sommerstedt Trustee 1.00 X 0 0 0 Eric Marcus Trustee 1.00 X 0 0 0 0 313727 12640 0 0 1 0 Brown & Brown of WA Inc dba DiMartino A 1325 Fourth Ave Suite 1705 Seattle WA 98101 Consulting services 204438 Arizona Technology Council 2800 N Central Ave 1530 Phoenix AZ 85004 Administration 148889 Vimly Benefit Solutions Inc 12121 Harbour Reach Dr Ste 105 Mukilteo WA 98275 Third party administrative services 111697 3 Employer contributions 525100 7391170 7391170 Participant contributi 525100 61383 61383 7452553 7452553 7452553 0 0 6453634 261572 1190 15600 649283 531 7381810 241272 291141 3278 34869 244550 326010 13511 15002 61261 64384 94213 100316 168985 179702 X 0 0 0 0 75565 146308 75565 146308 244550 326010 70743 0 X 0 1 X 0 0 0 Premiums due to insurers 100316 100316 7452553 0 7452553 0 7452553 7375707 94213 94213 7281494 100316 100316 7381810 Part XII, Line 2d - Other Adjustments: Premiums due insurers at the beginning of the year 94,213. Part XII, Line 4b - Other Adjustments: Premiums due insurers at the end of the year 100,316. 0 0 0 Steven Zylstra Chair, Board of Trustees 0 313727 0 0 0 0 0 8790 0 3850 0 326367 0 0 Part I, Line 3 The compensation of the president/chief executive officer of the Arizona Technology Council (AZTC) is determined by the Executive Committee of the AZTC Board of Directors, which serves as the Compensation Committee. Arizona Technology Council Arizona Technology Council's President and CEO is a Trustee of this trust 92681 During the year ended December 31, 2023, Arizona Technology Council made contributions to this trust which totaled $92,681. 0 Arizona Technology Council Arizona Technology Council's President and CEO is a Trustee of this trust 148889 During the year ended December 31, 2023, the trust paid Arizona Technology Council $148,889 in administrative fees, which are based on the contributions received. 0 Form 990, Part VI, Section A, line 2 Steven Zylstra is the Chair of the Board of Trustees of the trust and employed by Arizona Technology Council, the sponsor, a participating employer of the Trust, and service provider of the Trust. Form 990, Part VI, Section A, line 3 The Trust has contracted with a third-party administrator (Vimly Benefit Solutions, Inc.) to provide bookkeeping and administrative services, and with Arizona Technology Council to provide certain marketing, sales, advisory, administration compliance and monitoring services. Form 990, Part VI, Section A, line 7a The Trust is designed to be administered by a Board of Trustees consisting of a minimum of three and a maximum of five Trustees. However, the Trustees have the authority to either increase or decrease the size of the Board of Trustees. At all times, at least one of the Trustees will be a representative of the AZTC. Effective January 1, 2020, each Trustee, other than the AZTC representative, must be a principal in a participating employer. Candidates for election as Trustee, other than the AZTC representative, may be nominated by the AZTC Board (or a committee of the AZTC Board designated to make such nomination); a majority of the incumbent Trustees; or by written petition submitted to the AZTC and signed by the lesser of 10% of the participating employers, or 10% of participating employers. Trustees, other than the AZTC representative, are elected by a majority of the participating employers. Each Trustee will, prior to becoming a Trustee, acknowledge, in writing, his or her acceptance as a Trustee. In the event of a termination, resignation, death or vacancy of a Trustee, other than the AZTC representative, any new or successor Trustee will be provisionally appointed by the current Trustee(s). In the event there are no current Trustees, such new or successor Trustee(s) will be provisionally appointed by AZTC. Notice of the provisional appointment will be mailed by the appointing party to all participating employers and will become final 30 days after such notice unless, in the meantime, participating employers representing 51 percent of the participating employers have objected, in writing delivered to the current Trustee(s), to the appointment. In the event such an objection is filed, the current Trustees or the AZTC (as the case may be) will conduct a referendum election among all of the participating employers. Each participating employer may submit the name of one nominee and in the referendum, each participating employer will be entitled to one vote. Each vote will be weighted, however, by the number of the participating employer's employees participating in the Trust (as measured by the number of employees reported on the participating employer's reporting form received by the Trust in the month prior to the month of election). The nominee who receives the largest number of votes will be declared the new Trustee. The current Trustees or the AZTC (as the case may be) will have full authority and discretion to conduct the election, including the adoption of any election rules as they deem appropriate. The costs of the election will be paid by the Trust. Form 990, Part VI, Section B, line 11b The Form 990 was prepared under the guidance of the Board of Trustees by the independent accounting firm SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC. Draft copies of the Trust's financial statements and Form 990 were first provided to the Trust's consultants and advisors, who reviewed the Form 990 for accuracy and completeness. Any questions, concerns or issues raised by the consultants and advisors were addressed and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Chairman of the Board of Trustees for review and approval. Any additional questions, concerns or issues raised by the Chairman were addressed and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed and approved for filing by the Chairman. The final version of the Form 990 was made available to the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c All proposed relationships and contracts with service providers, as well as all proposed investments that would be made by the Trust, are provided to and reviewed by Trust legal counsel for compliance with the prohibited transaction provisions of ERISA. Additionally, each party-in-interest (fiduciary or service provider) has an ongoing duty to disclose all material facts to the Board of Trustees about any actual or potential conflicts of interest as soon as such facts become known or should have been known. Upon receipt of information, the Board of Trustees will investigate. The investigation will include a review of all applicable facts and documents, the specific provisions of ERISA alleged to have been violated, and any applicable exemptions from prohibited transactions. If, after investigation, a transaction prohibited under ERISA has been identified, the Board of Trustees will take appropriate corrective action, which may include reporting to an applicable federal agency. All material facts, actions taken in the investigation and corrections will be documented. Such documentation will include the names of all parties involved, a description of the prohibited transaction, and a description of any corrections. Form 990, Part VI, Section B, line 15 The compensation of the president/chief executive officer of the Arizona Technology Council (AZTC) is determined by the Executive Committee of the AZTC Board of Directors, which serves as the Compensation Committee. Form 990, Part VI, Section C, line 19 The Trust's governing documents, financial statements and Form 990 are available to the general public upon written request sent to Vimly Benefit Solutions, Inc. at: P.O. Box 6, Mukilteo, WA 98275. Arizona Technology Council 2800 N Central Ave 1530 Phoenix AZ 85004 860684848 To connect and strengthen Arizona's technology industry and community. AZ 501(c)(6) N/A 0 3Shape Design Services LLC A & P Material Supply LLC Alert GPS ALP Law PLC Alphacore Inc Applied Energetics Inc Aptech Systems Inc Arizona Resource Specialists LLC Arizona Venture Development Corporation Aspire Business Consultants Inc Association Reserves - Arizona LLC AZCrown Investments LLC Black Mountain Investment Company Blufish Design Studio LLC Cell Shop Inc Cintana Education LLC Culp & Kelly LLP Davis Interior Graphics & Signs LLC Deliverance Capital LLC Delta Development Team Inc DHX Software LLC Distant Focus Corporation Earl & Curley PC Edge R & D LLC Entrepix Inc EscrowTab Inc Fiduciary Outsourcing LLC Fireline Science LLC GR Financial Group LLC Greenlight Traffic Engineering LLC Greenlink Payroll Inc GreenLoop IT Solutions Inc HealthTECH Resources Inc Hildebrand Law PC Horizon Benefits Group Inc Iridescence Staffing LTD Kaczmarek & Jojola PLLC Kinetik Systems Klontech Measurement Solutions Inc Larsen Baker Legacy EV LSAS Tec Inc Marcus Networking Inc Maskine LLC Max Automate LLC MCXXM INC Micro-Hybrid Electronic Corporation dba Nova-IR Inc Milestone Formula Moffitt LLC NP Photonics Inc NucleusTeq Inc On Top of IT OpsTel Services LLC PR Hoffman Inc PAL Consulting Management LLC Planatome LLC Proteum Machining LLC Providence First Trust Company Ridgetop Group Inc Royale International Couriers LTD Safari Micro Inc Savant Software Inc Scientific Material Testing Laboratories LLC SciTech Scynce LED LLC Slake Consulting SWS Electronics Inc Teikoku Taping System Inc The Sensor Group LLC Triton Medical Solutions LLC US Air Tech Yates LLC Yen Pilch Robaina Kresin PLC 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1