Nonprofit · EIN 80-6220816
AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR
Also known as MALCOLM J COSTA TTEE
Tax-exempt · AKRON, OH 44308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,345,468 | $3,411,797 | -$66,329 | $2,367,613 | $723,000 | $1,644,613 |
| December 31, 2023 | 990 | $3,099,442 | $3,597,044 | -$497,602 | $2,322,128 | $462 | $2,321,666 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,277,539
- Investment income
- $67,929
- Net gain from sales of assets
- $10,205
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,602,440
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $29,700
- Accounting fees
- $27,218
- Travel
- $868
Balance sheet and other
- Total assets, start of year
- $2,322,128
- Total assets, end of year
- $2,367,613
- Total liabilities, end of year
- $723,000
- Net assets, end of year
- $1,644,613
- Publicly traded securities
- $1,053,185
- Gross unrelated business income
- $67,929
- Gross receipts
- $3,345,468
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2012
- State of legal domicile
- OH
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MALCOLM COSTA | TRUSTEE Trustee or director, Officer | 5 | $0 | $221,090 | $38,045 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MALCOLM COSTA | TRUSTEE Trustee or director | 5 | $0 | $211,253 | $36,181 |
Address and contacts
- Address (IRS master file)
- 55 E MILL ST, AKRON, OH 44308-1405
- In care of
- % MALCOLM J COSTA
- Principal officer (990 for 2024)
- MALCOLM COSTA, 55 EAST MILL STREET, AKRON, OH 44308
- Signed the 990
- MALCOLM COSTA, TRUSTEE
- Phone
- (330) 376-7730
- Return prepared by
- EIDE BAILLY LLP
Mission
THE TRUST HAS BEEN ESTABLISHED FOR THE SOLE PURPOSE OF PROVIDING HEALTH AND OTHER EMPLOYEE BENEFITS FOR PARTICIPANTS UNDER THE PLAN.
Program accomplishments
- CLAIMS PAID ON BEHALF OF MEMBERS FOR HOSPITAL AND MEDICAL BENEFITS
- CLAIMS AND PREMIUMS PAID ON BEHALF OF MEMBERS FOR PRESCRIPTION BENEFITS.
- STOP LOSS COVERAGE PAID ON BEHALF OF MEMBERS FOR HOSPITAL AND MEDICAL BENEFIT PAYMENTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 80-6220816
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $2,367,613
- Income (IRS master file)
- $3,345,468
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,345,468 | $3,411,797 | $2,367,613 | IRS |
| 990 | December 2023 | $3,099,442 | $3,597,044 | $2,322,128 | XML |
| 990 | December 2022 | $2,703,050 | $3,184,598 | $2,901,258 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
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 80-6220816).
Questions about AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR
- What is the EIN of AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR?
- The employer identification number (EIN) of AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR is 80-6220816.
- Is AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2014.
- Are donations to AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR?
- The 990 for the year ended December 31, 2024 names MALCOLM COSTA.
- Who are the officers and directors of AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does AKRON SUMMIT COMM ACTION INC H & W BENEFIT PLAN TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,345,468, expenses of $3,411,797 and total assets of $2,367,613 at year end.
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