2025-11-14T16:33:50-06:00 2024-12-31 333737422 FRAZIER & DEETER ADVISORY LLC 1230 PEACHTREE STREET NE SUITE 1500 ATLANTA GA 30309 990 2024-01-01 582069027 INPO MEDICAL BENEFITS PLAN CHARLES SCHWAB TRUST BANK TRUSTEE INPO 8884039000 2423 E LINCOLN DRIVE PHOENIX AZ 85016 DEBORAH PRITCHARD VICE PRESIDENT 8884039000 2025-11-14 1 1 JASON W NELSON P01426650 4042537500 2024 2025-03-06 01:10:19Z DEBORAH PRITCHARD 2423 E LINCOLN DRIVE PHOENIX AZ 85016 16229081 0 X N/A X 2003 DE INPO MEDICAL BENEFITS PLAN PROVIDES CERTAIN BENEFITS TO ELIGIBLE RETIREES AND ACTIVE EMPLOYEES OF THE INSTITUTE OF NUCLEAR POWER OPERATIONS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS, AS APPLICABLE. 13 12 0 0 0 0 0 0 1612212 1613614 731442 1956297 0 0 2343654 3569911 0 0 3499786 5509378 0 0 0 0 0 1093748 1057612 4593534 6566990 -2249880 -2997079 43853021 40163272 22149897 21007023 21703124 19156249 INPO MEDICAL BENEFITS PLAN PROVIDES CERTAIN BENEFITS TO ELIGIBLE RETIREES AND ACTIVE EMPLOYEES OF THE INSTITUTE OF NUCLEAR POWER OPERATIONS AND THEIR SPOUSES AND ELIGIBLE DEPENDENTS, AS APPLICABLE. 0 0 THE TRUST PROVIDES CERTAIN BENEFITS FOR RETIREES OF THE INSTITUTE OF NUCLEAR POWER OPERATIONS MEETING CERTAIN AGE AND SERVICE REQUIREMENTS. THE TRUST PROVIDES CERTAIN BENEFITS FOR ACTIVE EMPLOYEES OF THE INSTITUTE OF NUCLEAR POWER OPERATIONS MEETING CERTAIN SERVICE REQUIREMENTS. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X CHARLES SCHWAB TRUST BANK 8884039000 2423 E LINCOLN DRIVE PHOENIX AZ 85016 X CHARLES SCHWAB TRUST BANK TRUSTEE 0.00 X 0 0 0 0 0 0 0 0 0 0 0 PARTICIPANT CONTRIBUTI 900099 1613614 1613614 1613614 1927608 1927608 12687859 12659170 28689 28689 28689 3569911 1613614 0 1956297 5509378 INSURANCE PREMIUM EXPEN 1014289 ADMINISTRATIVE EXPENSES 43323 6566990 105967 92954 974360 862726 42772694 39207592 43853021 40163272 22149897 21007023 22149897 21007023 X 0 0 0 0 21703124 19156249 21703124 19156249 43853021 40163272 X -2997079 -615720 1065924 X X 0 1 X 1 0 0 MUTUAL FUNDS 39207592 F 39207592 PLAN BENEFIT OBLIGATIONS 20665098 REIMBURSEMENT DUE TO PLAN SPONSOR 341925 21007023 X 5654189 -615720 2699998 2084278 3569911 0 3569911 9130884 2563894 2563894 6566990 0 6566990 PART X, LINE 2: U.S. 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 TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONTRIBUTIONS NOT RELATED TO VEBA 2,699,998. PART XII, LINE 2D - OTHER ADJUSTMENTS: BENEFITS PAID TO MEMBERS NOT RELATED TO VEBA 1,482,669. INSURANCE PREMIUMS NOT RELATED TO VEBA 671,985. ADMINISTRATIVE EXPENSES NOT RELATED TO VEBA 409,240. FORM 990, PART VI, SECTION A, LINE 1A ALL ANSWERS AND EXPLANATIONS INCLUDED IN THIS SECTION OF THE FORM 990 PERTAIN TO THE INSTITUTE OF NUCLEAR POWER OPERATIONS (INPO) AND NOT THE INPO MEDICAL BENEFITS PLAN, CHARLES SCHWAB TRUST BANK, TRUSTEE. THE EXACT ANSWERS AND EXPLANATIONS ARE REFLECTED IN INPO'S FILED 2024 FORM 990. FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON, FIRM, AGENCY, OR CORPORATION, PUBLIC OR PRIVATE, HOLDING AN OPERATING LICENSE OR CONSTRUCTION PERMIT ISSUED BY OR APPLYING FOR AN EARLY SITE PERMIT OR A COMBINED CONSTRUCTION PERMIT AND OPERATING LICENSE FROM THE AUTHORIZED U.S. GOVERNMENT AGENCY FOR THE GENERATION OF ELECTRICITY OR STEAM FOR COMMERCIAL PURPOSES THROUGH THE APPLICATION OF NUCLEAR POWER MAY BE A MEMBER OF INPO. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF INPO SHALL HAVE ONE VOTE IN THE ELECTION OF INPO'S DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER INPO'S FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, FRAZIER & DEETER, LLC, THE FORM IS REVIEWED BY INPO EXECUTIVE MANAGEMENT FOR ACCURACY. A COPY OF INPO'S AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE PROVIDED TO ALL MEMBERS OF THE FINANCE AND AUDIT COMMITTEE OF THE INPO BOARD OF DIRECTORS PRIOR TO THE ELECTRONIC FILING OF THE FORM 990. THE TRUST'S FORM 990 IS ALSO PREPARED BY FRAZIER & DEETER, LLC, AND REVIEWED BY THE TRUSTEE AND INPO EXECUTIVE MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE OF NUCLEAR POWER OPERATIONS' "BUSINESS ETHICS AND PROFESSIONALISM" POLICY COVERS ALL ASPECTS OF THE REQUIRED STANDARD OF ETHICAL AND PROFESSIONAL CONDUCT FOR INDIVIDUALS INVOLVED IN THE CONDUCT OF INPO'S WORK. ACTIVITIES MUST BE CONDUCTED WITH INTEGRITY AND INDEPENDENT OF INFLUENCES OR CONFLICTS OF INTEREST THAT COULD IMPAIR PROFESSIONAL JUDGMENT. THE POLICY STATES NO FORMAL MONITORING PROGRAM BEYOND MANAGER OBSERVATION, BUT RELIES ON THE PROFESSIONALISM AND GOOD JUDGMENT OF EMPLOYEES TO DISCLOSE ANY DOUBTFUL SITUATION THEY ENCOUNTER SO THAT MANAGEMENT CAN REVIEW IT AND RENDER AN OPINION AS TO ITS PROPRIETY. COMPLIANCE WITH THIS POLICY IS STRICTLY ENFORCED. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL OFFICERS OF THE ORGANIZATION, MARKET RATES ARE DETERMINED ANNUALLY THROUGH COLLECTION AND ANALYSIS OF COMPARABILITY DATA. THIS ANALYSIS IS REVIEWED BY THE PERSONNEL DEVELOPMENT AND COMPENSATION COMMITTEE (PD&C) OF THE INPO BOARD OF DIRECTORS AND APPROVED BY THAT COMMITTEE. THE COMPARABLE POSITIONS IN THE MARKETPLACE AND INPO'S METHODOLOGY FOR DETERMINING MARKET RATES ARE REVIEWED AND ADJUSTMENTS (IF NEEDED) ARE MADE TO THE SALARY STRUCTURE AND METHODOLOGY. THE MARKET RATE ANALYSIS ESTABLISHES SALARY RANGES FOR THE OFFICER LEVEL POSITIONS. ACTUAL SALARIES FOR THE OFFICERS BELOW THE CEO ARE DETERMINED BY THE CEO AND EXECUTIVE VICE PRESIDENTS AND ARE BASED ON PERFORMANCE, POSITION WITHIN THE APPROVED SALARY RANGE, AND POSITION IN RELATION TO OTHER INCUMBENTS. SALARY RECOMMENDATIONS FOR EXECUTIVE AND SENIOR VICE PRESIDENTS ARE REVIEWED BY THE CEO AND APPROVED BY THE PD&C. THE CEO'S SALARY MAY BE ADJUSTED ANNUALLY BASED ON PD&C REVIEW OF MARKET DATA AND CEO PERFORMANCE. THE PD&C RECOMMENDS ALL SALARY ACTIONS REGARDING THE CEO TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CERTIFICATE OF INCORPORATION IS ON FILE WITH THE DELAWARE SECRETARY OF STATE. FINANCIAL STATEMENTS ARE INCORPORATED IN THE ANNUAL FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE. COPIES OF AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET INCREASE IN PLAN BENEFIT OBLIGATIONS 1,065,924. FORM 990 PART XII, LINE 2C: THE TRUST'S AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE TRUSTEE AND INPO EXECUTIVE MANAGEMENT. INSTITUTE OF NUCLEAR POWER OPERATIONS 700 GALLERIA PKWY SE STE 100 ATLANTA GA 30339 581382198 ASSIST NUCLEAR INDUSTRY IN ENSURING SAFE OPERATION OF NUCLEAR POWER PLANTS DE 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0