Civic Intelligence

Electrical Industry Labor Management Cooperation Trust

990 • Fiscal year 2022 • EIN 04-3398237

Sep 01, 2021 to Aug 31, 2022 • Filed on Jan 17, 2023

256 Freeport StreetDorchester, MA 02122-3538

(617) 288-5999

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.01x

Higher debt load relative to revenue than 17% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Source year 2022

Net Margin

49th percentile

5.8%

Higher net margin than 49% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

58th percentile

$325,401

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2022 filings • $50M-$100M nonprofits • Source year 2022

Asset Growth

83rd percentile

15%

Faster asset growth than 83% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2022 filings • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Up

$23,732,752

Up $3,104,071 (+15%) from 2021

Net Assets

Up

$23,184,752

Up $3,303,114 (+17%) from 2021

Liabilities

Down

$548,000

Down $199,043 (-27%) from 2021

Revenue

Up

$56,768,144

Up $7,112,321 (+14%) from 2021

Expenses

Down

$53,465,030

Down $12,197,187 (-19%) from 2021

Net Income

Up

$3,303,114

Up $19,309,508 (+121%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2011: $17,595,625Liabilities 2011: $107,377Net Assets 2011: $17,488,2482011Assets 2012: $19,152,428Liabilities 2012: $42,327Net Assets 2012: $19,110,1012012Assets 2013: $25,312,364Liabilities 2013: $90,949Net Assets 2013: $25,221,4152013Assets 2014: $35,773,009Liabilities 2014: $50,258Net Assets 2014: $35,722,7512014Assets 2015: $52,470,404Liabilities 2015: $67,773Net Assets 2015: $52,402,6312015Assets 2016: $70,283,762Liabilities 2016: $208,630Net Assets 2016: $70,075,1322016Assets 2017: $74,154,877Liabilities 2017: $165,465Net Assets 2017: $73,989,4122017Assets 2018: $69,437,646Liabilities 2018: $225,315Net Assets 2018: $69,212,3312018Assets 2019: $54,003,665Liabilities 2019: $223,161Net Assets 2019: $53,780,5042019Assets 2020: $38,492,386Liabilities 2020: $454,033Net Assets 2020: $38,038,3532020Assets 2021: $20,628,681Liabilities 2021: $747,043Net Assets 2021: $19,881,6382021Assets 2022: $23,732,752Liabilities 2022: $548,000Net Assets 2022: $23,184,7522022Assets 2023: $41,582,028Liabilities 2023: $647,591Net Assets 2023: $40,934,4372023Assets 2024: $65,848,069Liabilities 2024: $279,467Net Assets 2024: $65,568,6022024Assets 2025: $89,142,463Liabilities 2025: $245,113Net Assets 2025: $88,897,3502025

Highlighted filing

2022

Assets$23,732,752
Liabilities$548,000
Net Assets$23,184,752

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2011: $24,317,0702011Expenses 2012: $22,033,3902012Revenue 2013: $28,533,646Expenses 2013: $22,422,332Net Income 2013: $6,111,3142013Revenue 2014: $32,006,074Expenses 2014: $21,504,738Net Income 2014: $10,501,3362014Revenue 2015: $36,510,093Expenses 2015: $19,830,213Net Income 2015: $16,679,8802015Revenue 2016: $38,555,124Expenses 2016: $20,882,623Net Income 2016: $17,672,5012016Revenue 2017: $32,192,067Expenses 2017: $28,702,441Net Income 2017: $3,489,6262017Revenue 2018: $38,340,923Expenses 2018: $42,740,460Net Income 2018: -$4,399,5372018Revenue 2019: $46,004,236Expenses 2019: $63,164,079Net Income 2019: -$17,159,8432019Revenue 2020: $41,560,454Expenses 2020: $58,503,316Net Income 2020: -$16,942,8622020Revenue 2021: $49,655,823Expenses 2021: $65,662,217Net Income 2021: -$16,006,3942021Revenue 2022: $56,768,144Expenses 2022: $53,465,030Net Income 2022: $3,303,1142022Revenue 2023: $60,009,341Expenses 2023: $42,259,656Net Income 2023: $17,749,6852023Revenue 2024: $62,264,659Expenses 2024: $37,630,494Net Income 2024: $24,634,1652024Revenue 2025: $65,601,242Expenses 2025: $42,272,494Net Income 2025: $23,328,7482025

Highlighted filing

2022

Revenue$56,768,144
Expenses$53,465,030
Net Income$3,303,114
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jan 17, 2023
Return Version
2021v4.2
Gross Receipts
$56,768,144
Mission and Program Overview

Mission

To identify and expand work opportunities, improve communications, promote efficiency in operations and promote health and safety in the electrical industry within the new england area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,684,632$10,963,306▲ $3,278,674
Savings and Temporary Cash Investments$7,781,970$7,248,871▼ $533,099
Accounts Receivable$5,140,134$5,491,936▲ $351,802
Prepaid Expenses and Deferred Charges$21,945$28,639▲ $6,694
Total Assets$20,628,681$23,732,752▲ $3,104,071
Liabilities
Other Liabilities$322,610$492,903▲ $170,293
Accounts Payable and Accrued Expenses$424,433$55,097▼ $369,336
Total Liabilities$747,043$548,000▼ $199,043
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,881,638$23,184,752▲ $3,303,114
Total Net Assets Fund Balance$19,881,638$23,184,752▲ $3,303,114
Total Liabilities and Net Assets / Fund Balance$20,628,681$23,732,752▲ $3,104,071
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew LashBusiness Development DirecFT$175,926$66,443$242,369
Lisa TheriaultBusiness Development ManagFT$149,460$63,988$213,448

Board Members and Trustees

NameTitle
Alan C ScharfeManagement Trustee
Kevin P LerouxManagement Trustee
Kristen E GowinManagement Trustee
Reneeleona DozierManagement Trustee
William E Weber JrManagement Trustee
Gary W WalkerUnion Trustee
Louis J AntonellisUnion Trustee
Paul GrayUnion Trustee
Richard L Antonellis JrUnion Trustee
Robert S Sheehan JrUnion Trustee
Michael P DonovanFund Administrator

Highest Paid Contractors

ContractorServicesLocationCompensation
Boston Red SoxAdvertising4 JERSEY STREET, Boston, MA 02215$755,000
Delaware North Co INCAdvertising250 DELAWARE AVENUE, Buffalo, NY 14202$514,592
617mediagroup LLCAdvertising282 MOODY STREET, Waltham, MA 02453$195,495
Oswego Creative INCMarketing405 URBAN STREET, Lakewood, CO 80228$182,878
K Courtney & AssociatesConsulting6 BEACON STREET, Boston, MA 02108$172,440
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$56,764,117
Investment Income
$4,027
Other Revenue
$0
Change in Net Assets
$3,303,114

Audited Revenue Reconciliation

Revenue per Audited Statements
$56,767,995
Revenue Not Reported on Financial Statements
$149
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$56,767,995
Total Revenue per Form 990
$56,768,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,625,338
Salaries, Compensation, and Employee Benefits$631,082
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$50,208,610
Advertising---$1,909,260
Other Salaries and Wages---$425,171
Other Employee Benefits---$173,388
Fees for Services Other---$172,440
Payroll Taxes---$32,523
Office Expenses---$31,190
Fees for Services Accounting---$24,205
Fees for Services Legal---$19,982
Travel---$15,242
Insurance---$13,068
Other Expenses---$4,834
All Other Expenses---$4,247
Fees for Service Investment Mgmnt Fees---$149
Total Functional Expenses$0$0$0$53,465,030

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$53,465,030
Expenses per Audited Statements$53,464,881
Total Expenses per Audited Statements$53,464,881
Expenses Not Reported on Financial Statements$149
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$492,903
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no subcommittees within the board of trustees, therefore there are no meetings to document.

Form 990, Part VI, Section B, Line 11B

A draft version of the form 990 is reviewed by the fund administrator, who then approves the final copy for filing. The board of trustees provides the fund administrator with authorization to approve the final copy on its behalf.

Form 990, Part VI, Section B, Line 12

The organization distributes an annual questionnaire requiring all members of the board of directors to disclose any conflicts of interest.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, form 990 and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Electrical Industry Labor Management
EIN
04-3398237
Phone
6172885999
Address
256 FREEPORT STREET, DORCHESTER, MA 02122-3538

Signing Officer

Name
Michael P Donovan
Title
Fund Administrator
Phone
6172885999
Signed
2023-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael P Donovan
Formed
1997
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Manzi & Associates LLC
Address
855 TURNPIKE STREET, NORTH ANDOVER, MA 01845
Preparer
Jeannie Mickel
Phone
9789751099
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require 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 department of labor and internal revenue service. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of august 31, 2022, 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.

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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt056768144
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt013068
IRS990/InvestmentIncomeGrp/ExclusionAmt04027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04027
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IDENTIFY AND EXPAND WORK OPPORTUNITIES, IMPROVE COMMUNICATIONS, PROMOTE EFFICIENCY IN OPERATIONS AND PROMOTE HEALTH AND SAFETY IN THE ELECTRICAL INDUSTRY WITHIN THE NEW ENGLAND AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt019881638
IRS990/NetAssetsOrFundBalancesEOYAmt023184752
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt019881638
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023184752
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt031190
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0173388
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1DRUG TESTING
IRS990/OtherExpensesGrp/Desc2AUTO EXPENSE
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/TotalAmt0228000
IRS990/OtherExpensesGrp/TotalAmt1179161
IRS990/OtherExpensesGrp/TotalAmt223560
IRS990/OtherExpensesGrp/TotalAmt34834
IRS990/OtherLiabilitiesGrp/BOYAmt0322610
IRS990/OtherLiabilitiesGrp/EOYAmt0492903
IRS990/OtherSalariesAndWagesGrp/TotalAmt0425171
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt032523
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021945
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028639
IRS990/PrincipalOfficerNm0MICHAEL P DONOVAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYERS' CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056764117
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056764117
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt062384029
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02481547
IRS990/PYOtherExpensesAmt02826120
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt047174276
IRS990/PYRevenuesLessExpensesAmt0-16006394
IRS990/PYSalariesCompEmpBnftPaidAmt0452068
IRS990/PYTotalExpensesAmt065662217
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt049655823
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03303114
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07781970
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07248871
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0149
IRS990ScheduleD/ExpensesSubtotalAmt053464881
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0149
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0492903
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0149
IRS990ScheduleD/RevenueSubtotalAmt056767995
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE 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 DEPARTMENT OF LABOR AND INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2022, 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt053465030
IRS990ScheduleD/TotalLiabilityAmt0492903
IRS990ScheduleD/TotalRevenuePerForm990Amt056768144
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt056767995
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt053464881
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1175926
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2149460
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0257036
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt143979
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt241524
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt045901
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt122464
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt222464
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022464
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL P DONOVAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MATTHEW LASH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2LISA THERIAULT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FUND ADMINISTRATOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1BUSINESS DEVELOPMENT DIREC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2BUSINESS DEVELOPMENT MANAG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1242369
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2213448
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0325401
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0JOHN A PENNY COMPANY INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1GASTON ELECRTICAL CO INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2OUTKAST ELECTRICAL CONTTRACTORS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY OWNED MORE THAN 35% BY ALAN C. SCHARFE, TRUSTEE OF THE ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ENTITY OWNED MORE THAN 35% BY WILLIAM E. WEBER, TRUSTEE OF THE ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2ENTITY OWNED MORE THAN 35% BY PAUL GRAY, TRUSTEE OF THE ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MARKET RECOVERY SUBSIDIES FOR ELECTRICAL WORK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MARKET RECOVERY SUBSIDIES FOR ELECTRICAL WORK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2MARKET RECOVERY SUBSIDIES FOR ELECTRICAL WORK
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO SUBCOMMITTEES WITHIN THE BOARD OF TRUSTEES, THEREFORE THERE ARE NO MEETINGS TO DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT VERSION OF THE FORM 990 IS REVIEWED BY THE FUND ADMINISTRATOR, WHO THEN APPROVES THE FINAL COPY FOR FILING. THE BOARD OF TRUSTEES PROVIDES THE FUND ADMINISTRATOR WITH AUTHORIZATION TO APPROVE THE FINAL COPY ON ITS BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DISTRIBUTES AN ANNUAL QUESTIONNAIRE REQUIRING ALL MEMBERS OF THE BOARD OF DIRECTORS TO DISCLOSE ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$89.1$0.25$88.9$65.6$42.3$23.3
2024Detailed filing. Detailed filing data is available for this year.$65.8$0.28$65.6$62.3$37.6$24.6
2023Detailed filing. Detailed filing data is available for this year.$41.6$0.65$40.9$60.0$42.3$17.7
2022Detailed filing. Detailed filing data is available for this year.$23.7$0.55$23.2$56.8$53.5$3.30
2021Detailed filing. Detailed filing data is available for this year.$20.6$0.75$19.9$49.7$65.7$16.0
2020Detailed filing. Detailed filing data is available for this year.$38.5$0.45$38.0$41.6$58.5$16.9
2019Detailed filing. Detailed filing data is available for this year.$54.0$0.22$53.8$46.0$63.2$17.2
2018Detailed filing. Detailed filing data is available for this year.$69.4$0.23$69.2$38.3$42.7$4.40
2017Detailed filing. Detailed filing data is available for this year.$74.2$0.17$74.0$32.2$28.7$3.49
2016Detailed filing. Detailed filing data is available for this year.$70.3$0.21$70.1$38.6$20.9$17.7
2015Detailed filing. Detailed filing data is available for this year.$52.5$0.07$52.4$36.5$19.8$16.7
2014Detailed filing. Detailed filing data is available for this year.$35.8$0.05$35.7$32.0$21.5$10.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.3$0.09$25.2$28.5$22.4$6.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$0.04$19.1$22.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$0.11$17.5$24.3