Civic Intelligence

The Massachusetts Laborersbuilding Unified Trust

990 • Fiscal year 2019 • EIN 04-3408566

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 08, 2020

Organization ProfileN/A
7 Laborers WayHopkinton, MA 01748

(508) 544-8255

Siviq Scores

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

Liabilities / Assets

90th percentile

0.43x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

1.61x

Higher debt load relative to revenue than 97% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Net Margin

1st percentile

-40%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

64th percentile

$259,591

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2019

Asset Growth

34th percentile

6.8%

Faster asset growth than 34% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

5.7%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$21,016,262

Up $1,335,050 (+6.8%) from 2018

Net Assets

Down

$11,943,679

Down $2,236,208 (-16%) from 2018

Liabilities

Up

$9,072,583

Up $3,571,258 (+65%) from 2018

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin1st percentile

Revenue

Up

$5,647,816

Up $304,089 (+5.7%) from 2018

Expenses

Up

$7,884,024

Up $4,511,134 (+134%) from 2018

Net Income

Down

-$2,236,208

Down $4,207,045 (-213%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$30M$20M$10M$0Assets 2011: $12,791,301Liabilities 2011: $7,446,745Net Assets 2011: $5,344,5562011Assets 2012: $11,043,289Liabilities 2012: $6,445,032Net Assets 2012: $4,598,2572012Assets 2013: $10,619,512Liabilities 2013: $4,866,750Net Assets 2013: $5,752,7622013Assets 2014: $11,767,424Liabilities 2014: $4,134,909Net Assets 2014: $7,632,5152014Assets 2015: $13,569,981Liabilities 2015: $3,755,571Net Assets 2015: $9,814,4102015Assets 2016: $15,382,712Liabilities 2016: $3,970,360Net Assets 2016: $11,412,3522016Assets 2017: $17,657,327Liabilities 2017: $5,448,277Net Assets 2017: $12,209,0502017Assets 2018: $19,681,212Liabilities 2018: $5,501,325Net Assets 2018: $14,179,8872018Assets 2019: $21,016,262Liabilities 2019: $9,072,583Net Assets 2019: $11,943,6792019Assets 2020: $21,355,030Liabilities 2020: $11,204,733Net Assets 2020: $10,150,2972020Assets 2021: $21,461,882Liabilities 2021: $10,145,169Net Assets 2021: $11,316,7132021Assets 2022: $21,434,640Liabilities 2022: $7,542,435Net Assets 2022: $13,892,2052022Assets 2023: $23,689,432Liabilities 2023: $6,648,880Net Assets 2023: $17,040,5522023Assets 2024: $25,562,057Liabilities 2024: $6,763,983Net Assets 2024: $18,798,0742024

Highlighted filing

2019

Assets$21,016,262
Liabilities$9,072,583
Net Assets$11,943,679
Open 2019 Filing

Operations Trend

Revenue Growth55th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,966,990Expenses 2011: $5,901,699Net Income 2011: -$2,934,7092011Expenses 2012: $3,734,9152012Revenue 2013: $3,276,116Expenses 2013: $2,121,611Net Income 2013: $1,154,5052013Revenue 2014: $3,639,130Expenses 2014: $1,759,377Net Income 2014: $1,879,7532014Revenue 2015: $4,132,870Expenses 2015: $1,950,975Net Income 2015: $2,181,8952015Revenue 2016: $4,095,295Expenses 2016: $2,497,353Net Income 2016: $1,597,9422016Revenue 2017: $4,531,768Expenses 2017: $3,735,069Net Income 2017: $796,6992017Revenue 2018: $5,343,727Expenses 2018: $3,372,890Net Income 2018: $1,970,8372018Revenue 2019: $5,647,816Expenses 2019: $7,884,024Net Income 2019: -$2,236,2082019Revenue 2020: $4,632,607Expenses 2020: $6,425,989Net Income 2020: -$1,793,3822020Revenue 2021: $5,426,016Expenses 2021: $4,259,600Net Income 2021: $1,166,4162021Revenue 2022: $5,717,049Expenses 2022: $3,141,557Net Income 2022: $2,575,4922022Revenue 2023: $6,294,565Expenses 2023: $3,146,218Net Income 2023: $3,148,3472023Revenue 2024: $6,281,680Expenses 2024: $4,524,158Net Income 2024: $1,757,5222024

Highlighted filing

2019

Revenue$5,647,816
Expenses$7,884,024
Net Income-$2,236,208
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 8, 2020
Return Version
2019v5.0
Gross Receipts
$5,647,816
Mission and Program Overview

Mission

To identify and expand work opportunities and to promote the economic competitiveness of the union and the employers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,256,437$20,559,281▲ $1,302,844
Accounts Receivable$424,775$456,981▲ $32,206
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$19,681,212$21,016,262▲ $1,335,050
Other Assets Total-$0-
Liabilities
Grants Payable$5,394,201$8,991,095▲ $3,596,894
Other Liabilities$107,124$81,488▼ $25,636
Total Liabilities$5,501,325$9,072,583▲ $3,571,258
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,179,887$11,943,679▼ $2,236,208
Total Net Assets Fund Balance$14,179,887$11,943,679▼ $2,236,208
Total Liabilities and Net Assets / Fund Balance$19,681,212$21,016,262▲ $1,335,050
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleOtherTotal
Christopher MurphyTrustee$143,133$143,133

Board Members and Trustees

NameTitle
Joseph BonfiglioChairman
Thomas J GunningCo-chairman
John TrangheseDirector
Brendan CarterTrustee
Greg SalvucciTrustee
Thomas AndrewsTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$5,180,605
Program Service Revenue
$0
Investment Income
$467,211
Other Revenue
$0
Change in Net Assets
$-2,236,208
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,755
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$7,483,269
Other Expenses---$324,365
Fees for Services Legal---$40,000
Fees for Services Accounting---$35,950
Office Expenses---$440
Total Functional Expenses$0$0$0$7,884,024
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
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$81,488
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
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Line 9: Officer, Director, Trustee, Key Employee Mailing Address

“Thomas Gunning100 Grossman DriveBraintree, MA 02184Greg Salvucci686 Lincoln StWaltham, MA 02451Brendan Carter888 Worcester St, Suite 40Wellesley, MA 02482”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 is reviewed and approved for filing by the Board of Trustees.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The written conflict of interest policy is included in the Code of Best Practices that is part of the Constitution by which our Organization is governed. Any member or employee of the Organization can contact the LIUNA (an affiliated organization also governed by the Constitution) General President with any complaint arising under the Constitution, the Code of Best Practices, or any other disciplinary rule, regulation, practice, or procedure adopted by the LIUNA General Executive Board. The Code of Best Practices explains the disciplinary procedure that must be followed when necessary and the independent officers who are entrusted to enforce the Code.The US Department of Labor requires all non-clerical employees to report on Form LM-30 potential situations where there may be conflicts of interest. This information is available to the general public.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation determined by board of trustees”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation determined by board of trustees”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Constitution (Governing document) and Code of Best Practices (Conflict of Interest policy) is available through the United States Department of Labor, OLMS, online public disclosure room. The information is filed under Laborers' International Union of North America, who files information on behalf of all affiliated organizations. In addition, our organization files an annual financial report with the Department of Labor which can also be obtained on the online public disclosure room.”

Filing and Contact Details

Filer

Filer Name
The Massachusetts LaborersBuilding
EIN
04-3408566
Phone
5085448255
Address
7 Laborers Way, Hopkinton, MA 01748

Signing Officer

Name
Joseph Bonfiglio
Title
Chairman
Signed
2020-04-08
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Ward Fisher & Company LLP
Address
250C Centerville Road, Warwick, RI 02886-4353
Preparer
Robert D Giudici
Phone
4013846464
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Internal Revenue Service (IRS) has determined and informed the Trust by a letter dated June 10, 1998, that the Trust is tax exempt under section 501(c)(5) of the Internal Revenue Code (IRC). The Trust's management and the Trust's tax counsel believe that the Trust is designed and is currently being operated in compliance with the applicable requirements of the IRC.Accounting principles generally accepted in the United States of America require Trust management to evaluate tax positions taken by the Trust and recognize a tax liability (or asset) if the Trust has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax positions taken by the Trust, and has concluded that as of December 31, 2018, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Trust is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress.”

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0424775
IRS990/AccountsReceivableGrp/EOYAmt0456981
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To identify and expand work opportunities and to promote the economic competitiveness of the union and the employers.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt07483269
IRS990/BooksInCareOfDetail/PersonNm0John Tranghese
IRS990/BooksInCareOfDetail/PhoneNum05085448255
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07 Laborers Way
IRS990/BooksInCareOfDetail/USAddress/CityNm0Hopkinton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001748
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt019256437
IRS990/CashNonInterestBearingGrp/EOYAmt020559281
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0true
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt07483269
IRS990/CYContributionsGrantsAmt05180605
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0467211
IRS990/CYOtherExpensesAmt0400755
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-2236208
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt07884024
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05647816
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0To provide support and benefits payments on behalf of member employers in order to expand work opportunities for Laborers and Industry Employers.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt07884024
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt035950
IRS990/FeesForServicesLegalGrp/TotalAmt040000
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Joseph Bonfiglio
IRS990/Form990PartVIISectionAGrp/PersonNm1Thomas Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm2John Tranghese
IRS990/Form990PartVIISectionAGrp/PersonNm3Christopher Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm4Brendan Carter
IRS990/Form990PartVIISectionAGrp/PersonNm5Thomas J Gunning
IRS990/Form990PartVIISectionAGrp/PersonNm6Greg Salvucci
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0259591
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1167665
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2147710
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3143133
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Co-chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsPayableGrp/BOYAmt05394201
IRS990/GrantsPayableGrp/EOYAmt08991095
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05647816
IRS990/GroupExemptionNum00121
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0467211
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0467211
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt05180605
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To identify and expand work opportunities and to promote the economic competitiveness of the union and the employers.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt014179887
IRS990/NetAssetsOrFundBalancesEOYAmt011943679
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014179887
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011943679
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt0440
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0324365
IRS990/OtherLiabilitiesGrp/BOYAmt0107124
IRS990/OtherLiabilitiesGrp/EOYAmt081488
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02949097
IRS990/PYContributionsGrantsAmt05014161
IRS990/PYInvestmentIncomeAmt0329566
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0423793
IRS990/PYRevenuesLessExpensesAmt01970837
IRS990/PYTotalExpensesAmt03372890
IRS990/PYTotalRevenueAmt05343727
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2236208
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05647816
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt081488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliates
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Internal Revenue Service (IRS) has determined and informed the Trust by a letter dated June 10, 1998, that the Trust is tax exempt under section 501(c)(5) of the Internal Revenue Code (IRC). The Trust's management and the Trust's tax counsel believe that the Trust is designed and is currently being operated in compliance with the applicable requirements of the IRC.Accounting principles generally accepted in the United States of America require Trust management to evaluate tax positions taken by the Trust and recognize a tax liability (or asset) if the Trust has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax positions taken by the Trust, and has concluded that as of December 31, 2018, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Trust is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalLiabilityAmt081488
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0147710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1259591
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2167665
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0John Tranghese
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Joseph Bonfiglio
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Thomas Andrews
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Chairman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Trustee
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0147710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1259591
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2167665
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Thomas Gunning100 Grossman DriveBraintree, MA 02184Greg Salvucci686 Lincoln StWaltham, MA 02451Brendan Carter888 Worcester St, Suite 40Wellesley, MA 02482
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is reviewed and approved for filing by the Board of Trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The written conflict of interest policy is included in the Code of Best Practices that is part of the Constitution by which our Organization is governed. Any member or employee of the Organization can contact the LIUNA (an affiliated organization also governed by the Constitution) General President with any complaint arising under the Constitution, the Code of Best Practices, or any other disciplinary rule, regulation, practice, or procedure adopted by the LIUNA General Executive Board. The Code of Best Practices explains the disciplinary procedure that must be followed when necessary and the independent officers who are entrusted to enforce the Code.The US Department of Labor requires all non-clerical employees to report on Form LM-30 potential situations where there may be conflicts of interest. This information is available to the general public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation determined by board of trustees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation determined by board of trustees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Constitution (Governing document) and Code of Best Practices (Conflict of Interest policy) is available through the United States Department of Labor, OLMS, online public disclosure room. The information is filed under Laborers' International Union of North America, who files information on behalf of all affiliated organizations. In addition, our organization files an annual financial report with the Department of Labor which can also be obtained on the online public disclosure room.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 9: Officer, Director, Trustee, Key Employee Mailing Address
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0The Massachusetts LaborersHighway
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043408561
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0To provide support and benefit payments on behalf of members
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07 Laborers Way
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Hopkinton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001748
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0324365
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Allocation
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0The Massachusetts LaborersHighway
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0p
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt019681212
IRS990/TotalAssetsEOYAmt021016262
IRS990/TotalAssetsGrp/BOYAmt019681212
IRS990/TotalAssetsGrp/EOYAmt021016262
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt05180605
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt07884024
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05501325
IRS990/TotalLiabilitiesEOYAmt09072583
IRS990/TotalLiabilitiesGrp/BOYAmt05501325
IRS990/TotalLiabilitiesGrp/EOYAmt09072583
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014179887
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011943679
IRS990/TotalProgramServiceExpensesAmt07884024
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0467211
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05647816
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019681212
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021016262
IRS990/TotReportableCompRltdOrgAmt0718099
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07 Laborers Way
IRS990/USAddress/CityNm0Hopkinton
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001748
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph Bonfiglio
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Massachusetts LaborersBuilding
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Unified Trust
ReturnHeader/Filer/BusinessNameControlTxt0MASS
ReturnHeader/Filer/EIN0043408566
ReturnHeader/Filer/PhoneNum05085448255
ReturnHeader/Filer/USAddress/AddressLine1Txt07 Laborers Way
ReturnHeader/Filer/USAddress/CityNm0Hopkinton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001748
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050234540
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ward Fisher & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0250C Centerville Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warwick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0028864353
ReturnHeader/PreparerPersonGrp/PhoneNum04013846464
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert D Giudici
ReturnHeader/ReturnTs02020-04-10T07:12:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,016,262
Liabilities
$9,072,583
Net assets
$11,943,679
Revenue
$5,647,816
Expenses
$7,884,024
Net income
-$2,236,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.6$6.76$18.8$6.28$4.52$1.76
2023Detailed filing. Detailed filing data is available for this year.$23.7$6.65$17.0$6.29$3.15$3.15
2022Detailed filing. Detailed filing data is available for this year.$21.4$7.54$13.9$5.72$3.14$2.58
2021Detailed filing. Detailed filing data is available for this year.$21.5$10.1$11.3$5.43$4.26$1.17
2020Detailed filing. Detailed filing data is available for this year.$21.4$11.2$10.2$4.63$6.43$1.79
2019Detailed filing. Detailed filing data is available for this year.$21.0$9.07$11.9$5.65$7.88$2.24
2018Detailed filing. Detailed filing data is available for this year.$19.7$5.50$14.2$5.34$3.37$1.97
2017Detailed filing. Detailed filing data is available for this year.$17.7$5.45$12.2$4.53$3.74$0.80
2016Detailed filing. Detailed filing data is available for this year.$15.4$3.97$11.4$4.10$2.50$1.60
2015Detailed filing. Detailed filing data is available for this year.$13.6$3.76$9.81$4.13$1.95$2.18
2014Detailed filing. Detailed filing data is available for this year.$11.8$4.13$7.63$3.64$1.76$1.88
2013Detailed filing. Detailed filing data is available for this year.$10.6$4.87$5.75$3.28$2.12$1.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$6.45$4.60$3.73
2011Summary only. Only limited summary data is available for this year.$12.8$7.45$5.34$2.97$5.90$2.93