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COTEAU PROPERTIES COMPANY VEBA

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Tax-exempt status may be revoked

COTEAU PROPERTIES COMPANY VEBA

EIN 45-0428545

What they do

Provide for The Medical Benefits for Retired and Disabled Employees of The Coteau Properties Company.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$176.89spent for every $100 of revenueSpending was higher than revenue this year.
$0.63in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $485,383 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $123 for WELLS FARGO BANK NA (TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$631,234
Expenses$1,116,617
Annual shortfall $485,383 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$631,234
Expenses$1,116,617
Assets$707,525
Stocks and bonds$669,492
Accounting fees$4,850
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
WELLS FARGO BANK NATRUSTEE · 2 hrs/week $123

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (1)

WELLS FARGO BANK NATRUSTEE

About this charity

Location
5340 LEGACY DRIVE BLDG 1 300, PLANO, TX 75024
County
Collin
In care of
K Donald Grischow

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
January 1, 2016
Tax preparer
CROWE HORWATH LLP
Revocation date
January 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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