2024-11-14T15:02:08-06:00 2023-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-01-01 232817834 VEBA FOR REPRESENTED EMPLOYEES OF AQUA PENNSYLVANIA INC VEBA 6106454202 762 W LANCASTER AVE BRYN MAWR PA 19010 ROBERT A RUBIN CONTROLLER 6106454202 2024-11-14 0 0 ERIN F WOOD P01710275 4122613644 2023 2024-10-15 13:58:12Z X ROBERT A RUBIN 762 W LANCASTER AVE BRYN MAWR PA 19010 1384743 0 X N/A X 1996 PA PROVIDES FOR RETIREE & SURVIVING DEPENDENTS MEDICAL & LIFE INSURANCE BENEFITS FOR LOCAL 473 EMPLOYEES OF THE PHILADELPHIA SUBURBAN DIVISION OF AQUA PENNA., INC. 1 1 0 0 0 0 0 0 0 0 934904 153792 0 0 934904 153792 0 0 757565 1115552 0 0 0 0 0 131528 124260 889093 1239812 45811 -1086020 31815072 35263256 42838 0 31772234 35263256 TO PROVIDE RETIREE AND SURVIVING DEPENDENTS MEDICAL & LIFE INSURANCE BENEFITS FOR LOCAL 473 EMPLOYEES OF THE PHILADELPHIA SUBURBAN DIVISION OF AQUA PENNSYLVANIA. 0 0 TO PROVIDE RETIREE AND SURVIVING DEPENDENTS MEDICAL & LIFE INSURANCE BENEFITS FOR LOCAL 473 EMPLOYEES OF THE PHILADELPHIA SUBURBAN DIVISION OF AQUA PENNSYLVANIA. 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 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 0 0 X 1 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 1 0 0 0 X AQUA PENNSYLVANIA INC 6106454202 762 W LANCASTER AVE BRYN MAWR PA 19010 X BNY MELLON INSTITUTIONAL TRUSTEE 1.00 0.00 X 8682 0 0 CHRISTOPHER LUNING EXEC. VP, COUNSEL, SECRETA 0.50 40.00 X 0 0 0 ROBERT A RUBIN CONTROLLER 0.50 40.00 X 0 0 0 CHRISTOPHER FRANKLIN CHAIRMAN AND CEO 0.50 40.00 X 0 0 0 DANIEL SCHULLER EXEC. VP, CFO 0.50 40.00 X 0 0 0 CHRISTINA KELLY SR. VP., CHIEF HR OFFICER 0.50 40.00 X 0 0 0 COLLEEN ARNOLD PRESIDENT, AQUA 0.50 40.00 X 0 0 0 MICHAEL HUWAR PRESIDENT, PEOPLES NATURAL GAS 0.50 40.00 X 0 0 0 MATTHEW RHODES EVP OF STRATEGY & CORPORATE DEVELOPMENT 0.50 40.00 X 0 0 0 8682 0 0 0 0 0 0 0 148864 148864 1235879 1230951 4928 4928 4928 153792 0 0 153792 1115552 2948 28232 20032 73048 1239812 3315502 2236003 6398 11716 28493172 33015537 31815072 35263256 42838 42838 0 X 0 0 0 0 31772234 35263256 31772234 35263256 31815072 35263256 -1086020 4534204 42838 0 X X 0 1 X 1 0 0 INTERNATIONAL COMMINGLED FUNDS 33015537 F 33015537 X PART X, LINE 2: THE VEBA TRUSTS FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED EXEMPTION LETTERS FROM THE INTERNAL REVENUE SERVICE (IRS) DATED MARCH 7, 1996, JULY 26, 1996, NOVEMBER 7, 1998 AND APRIL 22, 2014, STATING THAT THE TRUSTS ARE TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE IRC. HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUSTS MAY BE SUBJECT TO INCOME TAXES. WHILE FEDERAL INCOME TAXES HAVE BEEN RECORDED IN 2023 AND 2022 FOR UNRELATED BUSINESS TAXABLE INCOME, NO STATE INCOME TAXES HAVE BEEN RECORDED FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUSTS ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUSTS. ALTHOUGH THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE EXEMPTION LETTER, THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUSTS ARE TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNRELATED POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS: CHRISTOPHER LUNING, ROBERT RUBIN, CHRISTOPHER FRANKLIN, DANIEL SCHULLER, CHRISTINA KELLY, COLLEEN ARNOLD, MICHAEL HUWAR, MATTHEW RHODES FORM 990, PART VI, SECTION A, LINE 7A ALL OF THE INDIVIDUAL OFFICERS ARE EMPLOYEES OF ESSENTIAL UTILITIES, INC., THE PLAN SPONSOR AND FIDUCIARY. THEY SERVE ON THE RETIREMENT AND BENEFITS COMMITTEE BY VIRTUE OF THEIR POSITIONS WITH THE PLAN SPONSOR. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE ESSENTIAL UTILITIES RETIREMENT AND BENEFITS COMMITTEE OR THEIR DESIGNEES. THEN IT IS SIGNED BY AN AUTHORIZED OFFICER. THE FORM 990 DOCUMENT WILL BE AVAILABLE FOR ALL MEMBERS AFTER IT HAS BEEN FILED WITH THE U.S. TREASURY. UPON FILING, THE DOCUMENT IS AVAILABLE TO ALL MEMBERS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE FOR REVIEW PER TREASURY REGULATION SECTION 301-6104 (D) 1-4. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC BNY MELLON - 240 GREENWICH STREET, NEW YORK CITY, NY 10007. FROM 990, PART XII, LINE 2C: THE TRUST HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THE SELECTION AND OVERSIGHT PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. AQUA PENNSYLVANIA INC 762 W LANCASTER AVE BRYN MAWR PA 19010 WATER UTILITY PA N/A C 0 ESSENTIAL UTILITIES INC 762 W LANCASTER AVE BRYN MAWR PA 19010 WATER AND NATURAL GAS UTILITY PA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1