Civic Intelligence

Boston and Vicinity Roofing Industry Promotion Fund

990 • Fiscal year 2017 • EIN 04-6149421

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 13, 2018

100 GROSSMAN DRIVE No 300Braintree, MA 02184

(781) 849-3220

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

85th percentile

21%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

35th percentile

-4.6%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

-10%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$480,348

Down $23,379 (-4.6%) from 2016

Net Assets

Up

$480,348

Up $39,324 (+8.9%) from 2016

Liabilities

Down

$0

Down $62,703 (-100%) from 2016

Revenue

Down

$186,803

Down $21,011 (-10%) from 2016

Expenses

Down

$147,479

Down $12,423 (-7.8%) from 2016

Net Income

Down

$39,324

Down $8,588 (-18%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $166,345Liabilities 2010: $469Net Assets 2010: $165,8762010Assets 2011: $208,466Liabilities 2011: $3,350Net Assets 2011: $205,1162011Assets 2012: $229,512Liabilities 2012: $0Net Assets 2012: $229,5122012Assets 2013: $270,396Liabilities 2013: $298Net Assets 2013: $270,0982013Assets 2014: $303,997Liabilities 2014: $1,581Net Assets 2014: $302,4162014Assets 2015: $399,323Liabilities 2015: $6,211Net Assets 2015: $393,1122015Assets 2016: $503,727Liabilities 2016: $62,703Net Assets 2016: $441,0242016Assets 2017: $480,348Liabilities 2017: $0Net Assets 2017: $480,3482017Assets 2018: $583,638Liabilities 2018: $17,400Net Assets 2018: $566,2382018Assets 2019: $668,469Liabilities 2019: $16,228Net Assets 2019: $652,2412019Assets 2020: $694,680Liabilities 2020: $6,000Net Assets 2020: $688,6802020Assets 2021: $751,610Liabilities 2021: $3,000Net Assets 2021: $748,6102021Assets 2022: $820,946Liabilities 2022: $3,000Net Assets 2022: $817,9462022Assets 2023: $902,335Liabilities 2023: $3,000Net Assets 2023: $899,3352023Assets 2024: $1,081,415Liabilities 2024: $15,730Net Assets 2024: $1,065,6852024

Highlighted filing

2017

Assets$480,348
Liabilities$0
Net Assets$480,348

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2010: $91,929Expenses 2010: $86,181Net Income 2010: $5,7482010Revenue 2011: $113,597Expenses 2011: $74,357Net Income 2011: $39,2402011Revenue 2012: $104,795Expenses 2012: $80,399Net Income 2012: $24,3962012Revenue 2013: $119,526Expenses 2013: $78,940Net Income 2013: $40,5862013Revenue 2014: $112,785Expenses 2014: $80,467Net Income 2014: $32,3182014Revenue 2015: $219,526Expenses 2015: $128,830Net Income 2015: $90,6962015Revenue 2016: $207,814Expenses 2016: $159,902Net Income 2016: $47,9122016Revenue 2017: $186,803Expenses 2017: $147,479Net Income 2017: $39,3242017Revenue 2018: $242,362Expenses 2018: $156,472Net Income 2018: $85,8902018Revenue 2019: $247,528Expenses 2019: $161,525Net Income 2019: $86,0032019Revenue 2020: $197,959Expenses 2020: $161,520Net Income 2020: $36,4392020Revenue 2021: $213,108Expenses 2021: $153,178Net Income 2021: $59,9302021Revenue 2022: $235,073Expenses 2022: $165,737Net Income 2022: $69,3362022Revenue 2023: $319,399Expenses 2023: $238,010Net Income 2023: $81,3892023Revenue 2024: $376,634Expenses 2024: $247,234Net Income 2024: $129,4002024

Highlighted filing

2017

Revenue$186,803
Expenses$147,479
Net Income$39,324
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 13, 2018
Return Version
2017v2.3
Gross Receipts
$186,803
Mission and Program Overview

Mission

To support roofing industry union workers

Funds promote general welfare of the roofing industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$368,863$397,810▲ $28,947
Accounts Receivable$45,177$58,934▲ $13,757
Cash and Non-Interest-Bearing Accounts$88,322$22,239▼ $66,083
Prepaid Expenses and Deferred Charges$1,365$1,365→ $0
Total Assets$503,727$480,348▼ $23,379
Liabilities
Accounts Payable and Accrued Expenses$62,703$0▼ $62,703
Total Liabilities$62,703$0▼ $62,703
Net Assets / Fund Balance
Unrestricted Net Assets$441,024$480,348▲ $39,324
Total Net Assets Fund Balance$441,024$480,348▲ $39,324
Total Liabilities and Net Assets / Fund Balance$503,727$480,348▼ $23,379
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MarconePresident
Josh DavidVice President
Thomas J GunningExec. Director & Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$182,834
Investment Income
$3,969
Other Revenue
$0
Change in Net Assets
$39,324

Audited Revenue Reconciliation

Revenue per Audited Statements
$186,803
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$186,803
Total Revenue per Form 990
$186,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$147,479
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
Fees for Services Other---$57,083
Fees for Services Management---$49,213
Other Expenses---$9,490
Fees for Services Accounting---$4,404
Insurance---$2,688
Advertising---$2,325
Conferences and Meetings---$1,084
Office Expenses---$275
Total Functional Expenses$0$0$0$147,479

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$147,479
Total Expenses per Audited Statements$147,479
Total Expenses per Form 990$147,479
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-BUILDING TRADES EMPLOYERS' ASSOC PROVIDES MANAGEMENT SVCS TO THE FILER.Management Services Fees Are Paid to the Intreested Person.No$44,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The day to day management of the affairs of the fund are conducted through the personnel of the building trades employers association of eastern massachusetts, inc. Which is paid a management fee for such services.

Form 990, Part VI, Section A, line 6

Members are elected by the board of trustees and are boston & vicinity roofing industry contractors who meet the eligibility requirements.

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

There were no committees in 2017

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

The form 990 is reviewed by thomas j. Gunning, trustee & executive director and director of finance before filing.

Form 990, Part VI, Section B, line 12C

Persons covered annually update the governing board by completing a form provided by the fund.

Form 990, Part VI, Section C, line 18

Form 990 may be obtained upon request sent to the attention of thomas j. Gunning, trustee. A copy may also be requested from the internal revenue service. Also, an electronic copy may be downloaded from the website www.guidestar.org.

Form 990, Part VI, Section C, line 19

The conflict of interest policy, the governing documents and financial statements may be obtained upon request sent to the attention of thomas j. Gunning, trustee & executive director at the fund's offices.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Thomas j. Gunning - 100 grossman drive suite 300, braintree, ma 02184. Josh david - john f. Shea co. Inc., mattapan, ma 02126. John marcone - 100 grossman drive suite 300, braintree, ma 02184.

Filing and Contact Details

Filer

Filer Name
Boston & Vicinity Roofing Industry
EIN
04-6149421
Phone
7818493220
Address
100 GROSSMAN DRIVE No 300, BRAINTREE, MA 02184

Signing Officer

Name
Thomas J Gunning
Title
Executive Director
Phone
7818493220
Signed
2018-09-13

Organization Details

Principal Officer
Thomas J Gunning
Formed
1966
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
DiPesa & Company CPA's
Address
500 Victory Road 3rd Floor, North Quincy, MA 02171
Preparer
Di Pesa Company
Phone
6177867775
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Drug awareness program 57,083.

Financial Statement Notes

Part X, Line 2:

The Fund is a nonprofit organization which is exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code. The Fund has evaluated significant tax positions against criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. The Fund does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2017. Any changes in tax positions will be recorded when the ultimate outcome becomes known. The Fund's tax returns are subject to examination by taxing authorities for the years ended 2016, 2015 and 2014.

Raw XML Appendix297 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Fund is a nonprofit organization which is exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code. The Fund has evaluated significant tax positions against criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. The Fund does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2017. Any changes in tax positions will be recorded when the ultimate outcome becomes known. The Fund's tax returns are subject to examination by taxing authorities for the years ended 2016, 2015 and 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BUILDING TRADES EMPLOYERS' ASSOCIATION OF EASTERN MASSACHUSETTS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BUILDING TRADES EMPLOYERS' ASSOC PROVIDES MANAGEMENT SVCS TO THE FILER.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES FEES ARE PAID TO THE INTREESTED PERSON.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DAY TO DAY MANAGEMENT OF THE AFFAIRS OF THE FUND ARE CONDUCTED THROUGH THE PERSONNEL OF THE BUILDING TRADES EMPLOYERS ASSOCIATION OF EASTERN MASSACHUSETTS, INC. WHICH IS PAID A MANAGEMENT FEE FOR SUCH SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE ELECTED BY THE BOARD OF TRUSTEES AND ARE BOSTON & VICINITY ROOFING INDUSTRY CONTRACTORS WHO MEET THE ELIGIBILITY REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE WERE NO COMMITTEES IN 2017
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THOMAS J. GUNNING, TRUSTEE & EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERSONS COVERED ANNUALLY UPDATE THE GOVERNING BOARD BY COMPLETING A FORM PROVIDED BY THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 MAY BE OBTAINED UPON REQUEST SENT TO THE ATTENTION OF THOMAS J. GUNNING, TRUSTEE. A COPY MAY ALSO BE REQUESTED FROM THE INTERNAL REVENUE SERVICE. ALSO, AN ELECTRONIC COPY MAY BE DOWNLOADED FROM THE WEBSITE WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CONFLICT OF INTEREST POLICY, THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS MAY BE OBTAINED UPON REQUEST SENT TO THE ATTENTION OF THOMAS J. GUNNING, TRUSTEE & EXECUTIVE DIRECTOR AT THE FUND'S OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THOMAS J. GUNNING - 100 GROSSMAN DRIVE SUITE 300, BRAINTREE, MA 02184. JOSH DAVID - JOHN F. SHEA CO. INC., MATTAPAN, MA 02126. JOHN MARCONE - 100 GROSSMAN DRIVE SUITE 300, BRAINTREE, MA 02184.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DRUG AWARENESS PROGRAM 57,083.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VII Contact Addresses for Officers, Directors, Etc
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, line 11g
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0182834
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03969
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0182834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0186803
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0503727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0480348
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0441024
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0480348
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 GROSSMAN DRIVE SUITE 300
IRS990/USAddress/CityNm0BRAINTREE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002184
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS J GUNNING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07818493220
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOSTON & VICINITY ROOFING INDUSTRY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROMOTION FUND
ReturnHeader/Filer/BusinessNameControlTxt0BOST
ReturnHeader/Filer/EIN0046149421
ReturnHeader/Filer/PhoneNum07818493220
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 GROSSMAN DRIVE No 300
ReturnHeader/Filer/USAddress/CityNm0BRAINTREE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002184
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02F87A89F41CAC8B288EA59944D813CDA262362A2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02F87A89F41CAC8B288EA59944D813CDA262362A2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.255.160.241
ReturnHeader/FilingSecurityInformation/IPDt02018-09-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:05:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0820574075
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DiPesa & Company CPA's
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 Victory Road 3rd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Quincy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002171
ReturnHeader/PreparerPersonGrp/PhoneNum06177867775
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DI PESA COMPANY
ReturnHeader/ReturnTs02018-09-27T08:10:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.02$1.07$0.38$0.25$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.32$0.24$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.24$0.17$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.21$0.15$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.69$0.20$0.16$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.02$0.65$0.25$0.16$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.02$0.57$0.24$0.16$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.19$0.15$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.06$0.44$0.21$0.16$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.39$0.22$0.13$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.11$0.08$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.12$0.08$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.10$0.08$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.11$0.07$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.09$0.09$0.01