Civic Intelligence

Local 37 Iron Workers Jac Fund Joint Apprenticeship Committee

990 • Fiscal year 2014 • EIN 05-0313149

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 29, 2014

845 Waterman AvenueE Providence, RI 02914

(401) 438-1111

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

53rd percentile

0.00x

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

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Net Margin

3rd percentile

-59%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

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

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Asset Growth

6th percentile

-35%

Faster asset growth than 6% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-34%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$117,669

Down $64,052 (-35%) from 2013

Net Assets

Down

$117,669

Down $64,052 (-35%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$109,461

Down $57,292 (-34%) from 2013

Expenses

Down

$173,513

Down $41,659 (-19%) from 2013

Net Income

Down

-$64,052

Down $15,633 (-32%) from 2013

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 2011: $97,934Liabilities 2011: $0Net Assets 2011: $97,9342011Assets 2012: $230,140Liabilities 2012: $0Net Assets 2012: $230,1402012Assets 2013: $181,721Liabilities 2013: $0Net Assets 2013: $181,7212013Assets 2014: $117,669Liabilities 2014: $0Net Assets 2014: $117,6692014Assets 2015: $142,794Liabilities 2015: $0Net Assets 2015: $142,7942015Assets 2016: $206,351Liabilities 2016: $0Net Assets 2016: $206,3512016Assets 2017: $295,140Liabilities 2017: $0Net Assets 2017: $295,1402017Assets 2018: $394,083Liabilities 2018: $0Net Assets 2018: $394,0832018Assets 2019: $506,714Liabilities 2019: $0Net Assets 2019: $506,7142019Assets 2020: $693,590Liabilities 2020: $0Net Assets 2020: $693,5902020Assets 2021: $768,072Liabilities 2021: $0Net Assets 2021: $768,0722021Assets 2022: $855,121Liabilities 2022: $0Net Assets 2022: $855,1212022Assets 2023: $914,033Liabilities 2023: $0Net Assets 2023: $914,0332023Assets 2024: $1,151,932Liabilities 2024: $0Net Assets 2024: $1,151,9322024

Highlighted filing

2014

Assets$117,669
Liabilities$0
Net Assets$117,669

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $206,851Expenses 2011: $218,766Net Income 2011: -$11,9152011Expenses 2012: $297,3432012Revenue 2013: $166,753Expenses 2013: $215,172Net Income 2013: -$48,4192013Revenue 2014: $109,461Expenses 2014: $173,513Net Income 2014: -$64,0522014Revenue 2015: $159,100Expenses 2015: $133,975Net Income 2015: $25,1252015Revenue 2016: $226,802Expenses 2016: $163,245Net Income 2016: $63,5572016Revenue 2017: $230,117Expenses 2017: $141,328Net Income 2017: $88,7892017Revenue 2018: $250,110Expenses 2018: $139,833Net Income 2018: $110,2772018Revenue 2019: $323,876Expenses 2019: $186,154Net Income 2019: $137,7222019Revenue 2020: $423,694Expenses 2020: $214,835Net Income 2020: $208,8592020Revenue 2021: $357,689Expenses 2021: $278,137Net Income 2021: $79,5522021Revenue 2022: $429,193Expenses 2022: $342,144Net Income 2022: $87,0492022Revenue 2023: $481,058Expenses 2023: $422,146Net Income 2023: $58,9122023Revenue 2024: $658,727Expenses 2024: $420,828Net Income 2024: $237,8992024

Highlighted filing

2014

Revenue$109,461
Expenses$173,513
Net Income-$64,052
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 29, 2014
Return Version
2013v3.0
Gross Receipts
$109,461
Mission and Program Overview

Mission

Apprenticeship education and training for union members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$181,721$117,669▼ $64,052
Land, Buildings, and Equipment, Net$105,360$72,485▼ $32,875
Savings and Temporary Cash Investments$62,502$42,934▼ $19,568
Cash and Non-Interest-Bearing Accounts$13,859$2,250▼ $11,609
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$181,721$117,669▼ $64,052
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$181,721$117,669▼ $64,052
Total Liabilities and Net Assets / Fund Balance$181,721$117,669▼ $64,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$41,404$153,031$194,435
Leasehold Improvements$22,437$13,650$36,087
Other Land Buildings$8,644$20,390$29,034
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel E KouryEmployer Trustee
Jeffrey BostickEmployer Trustee
John CasaleEmployer Trustee
John L BaconEmployer Trustee
Steven a Cardi JrEmployer Trustee
Armand M Larose JrUnion Trustee
Edward J Lariviere IiiUnion Trustee
Michael C KnipsUnion Trustee
Russell J LachanceUnion Trustee
Steven RanahanUnion Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$109,409
Program Service Revenue
$0
Investment Income
$52
Other Revenue
$0
All Other Contributions
$109,409
Change in Net Assets
$-64,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,513
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
Depreciation Depletion---$32,878
Occupancy-$16,041-$16,041
Other Expenses$7,034$6,299-$6,299
Fees for Services Other-$4,383-$4,383
Conferences and Meetings-$3,774-$3,774
Office Expenses-$2,686-$2,686
Fees for Services Accounting-$1,365-$1,365
Insurance-$1,356-$1,356
All Other Expenses-$113-$113
Total Functional Expenses$66,520$74,116$0$173,513
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Copy of form 990 is provided to client and they distribute copies to the 10 trustees. They will review in comparison to the adjusted trial balance and read through form 990 to insure that all items are answered completely and correctly.

Form 990, Part VI, Section C, Line 19

Copies of documents are provided upon request.

Form 990, Part VII

Daniel e. Koury - 93 gilbane street, warwick, ri 02886. John l bacon - 117 webster street, pawtucket, ri 02861. John casale - 33 acorn street, providence, ri 02903. Steven a. Cardi, jr. - 400 lincoln avenue, warwick, ri 02888. Jeffrey bostick - 100 jefferson blvd, suite 100, warwick, ri 02888. Russell j. Lachance - 1156 town farm road, coventry, ri 02816. Michael c. Knips - 33 south st, barrington, ri 02806. Edward j. Lariviere iii - 64 pleasant view avenue, smithfield, ri 02828. Armand m. Larose jr. - 96 waveland avenue, johnston, ri 02919. Steven ranahan - 251 n. Quidnessett road, north kingstown, ri 02852.

Filing and Contact Details

Filer

EIN
05-0313149
Phone
4014381111

Signing Officer

Name
Russell Lachance
Title
Union Trustee
Phone
4014381111
Signed
2014-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell Lachance
Formed
1963
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Preparer
Thomas E Lisi Jr CPA Mba
Phone
4012731800
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 IS PROVIDED TO CLIENT AND THEY DISTRIBUTE COPIES TO THE 10 TRUSTEES. THEY WILL REVIEW IN COMPARISON TO THE ADJUSTED TRIAL BALANCE AND READ THROUGH FORM 990 TO INSURE THAT ALL ITEMS ARE ANSWERED COMPLETELY AND CORRECTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DANIEL E. KOURY - 93 GILBANE STREET, WARWICK, RI 02886. JOHN L BACON - 117 WEBSTER STREET, PAWTUCKET, RI 02861. JOHN CASALE - 33 ACORN STREET, PROVIDENCE, RI 02903. STEVEN A. CARDI, JR. - 400 LINCOLN AVENUE, WARWICK, RI 02888. JEFFREY BOSTICK - 100 JEFFERSON BLVD, SUITE 100, WARWICK, RI 02888. RUSSELL J. LACHANCE - 1156 TOWN FARM ROAD, COVENTRY, RI 02816. MICHAEL C. KNIPS - 33 SOUTH ST, BARRINGTON, RI 02806. EDWARD J. LARIVIERE III - 64 PLEASANT VIEW AVENUE, SMITHFIELD, RI 02828. ARMAND M. LAROSE JR. - 96 WAVELAND AVENUE, JOHNSTON, RI 02919. STEVEN RANAHAN - 251 N. QUIDNESSETT ROAD, NORTH KINGSTOWN, RI 02852.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10IRON WORKERS LOCAL UNION NO 37
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11LOCAL NO 37 RETIREMENT PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050161480
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1056045931
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT UNIONIZED LABOR FOR MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1A DEFINED CONTRIBUTION MONEY PURCHASE PLAN COVERING ALL MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10845 WATERMAN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine11845 WATERMAN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0EAST PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1EAST PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode002914
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode102914
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt015600
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt132461
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt25637
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ESTIMATED ACTUAL COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ESTIMATED ACTUAL COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10IRON WORKERS LOCAL UNION NO 37
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11IRON WORKERS LOCAL UNION NO 37
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine12LOCAL NO 37 RETIREMENT PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0181721
IRS990/TotalAssetsEOYAmt0117669
IRS990/TotalAssetsGrp/BOYAmt0181721
IRS990/TotalAssetsGrp/EOYAmt0117669
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0109409
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt074116
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt066520
IRS990/TotalFunctionalExpensesGrp/TotalAmt0173513
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0181721
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0117669
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt066520
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt052
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0109461
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0181721
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0117669
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10845 WATERMAN AVENUE
IRS990/USAddress/City0EAST PROVIDENCE
IRS990/USAddress/State0RI
IRS990/USAddress/ZIPCode002914
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RUSSELL LACHANCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0UNION TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04014381111
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine10LOCAL 37 IRON WORKERS JAC FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine20JOINT APPRENTICESHIP COMMITTEE
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0050313149
ReturnHeader/Filer/PhoneNum04014381111
ReturnHeader/Filer/USAddress/AddressLine10845 WATERMAN AVENUE
ReturnHeader/Filer/USAddress/City0EAST PROVIDENCE
ReturnHeader/Filer/USAddress/State0RI
ReturnHeader/Filer/USAddress/ZIPCode002914
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050514919
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10YKSM LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1027 DRYDEN LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode002904
ReturnHeader/PreparerPersonGrp/PhoneNum04012731800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS E LISI JR CPA MBA
ReturnHeader/ReturnTs02014-10-31T11:38:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.66$0.42$0.24
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.48$0.42$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.43$0.34$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.36$0.28$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.42$0.21$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.32$0.19$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.25$0.14$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.23$0.14$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.23$0.16$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.16$0.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.11$0.17$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.17$0.22$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.30
2011Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.21$0.22$0.01