Nonprofit · EIN 39-3106425
PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST
Tax-exempt · LOUISVILLE, KY 40202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $31,077 | $31,077 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $31,077
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $31,077
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $31,077
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $31,077
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2025
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY KOONTZ | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 262 W MAIN STREET SUITE 400, LOUISVILLE, KY 40202-0000
- In care of
- % TERRY KOONTZ
- Principal officer (990 for 2025)
- TERRY KOONTZ
- Signed the 990
- TERRY KOONTZ, TRUSTEE
- Phone
- (312) 327-1702
- Website
- WWW.PROPELIS.COM
- Return prepared by
- SHERRARD GERMAN & KELLY
Mission
PROVIDING SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO PLAN PARTICIPANTS WHO HAVE LOST EMPLOYMENT DUE TO AN INVOLUNTARY SEPARATION FROM EMPLOYMENT DUE TO A REDUCTION IN FORCE, ELIMINATION OF POSITIONS, THE DISCONTINUANCE OF A PLANT OR OPERATION, OR OTHER SIMILAR CONDITIONS OR EVENTS.
Program accomplishments
- PROVIDING SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO PLAN PARTICIPANTS WHO HAVE LOST EMPLOYMENT DUE TO AN INVOLUNTARY SEPARATION FROM EMPLOYMENT DUE TO A REDUCTION IN FORCE, ELIMINATION OF POSITIONS, THE DISCONTINUANCE OF A PLANT OR OPERATION, OR OTHER SIMILAR CONDITIONS OR EVENTS.Expenses $31,077
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 39-3106425
- Tax-exempt status
- 501(c)(17): Supplemental unemployment benefit trust
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Mutual and membership benefit (Y99)
- Income (IRS master file)
- $31,077
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $31,077 | $31,077 | $0 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-3106425).
Questions about PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST
- What is the EIN of PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST?
- The employer identification number (EIN) of PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST is 39-3106425.
- Is PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(17) since 2025.
- Are donations to PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST?
- The 990 for the year ended December 31, 2025 names TERRY KOONTZ.
- Who are the officers and directors of PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does PROPELIS SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $31,077, expenses of $31,077 and total assets of $0 at year end.
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