Civic Intelligence

Local 365 Uaw Welfare Fund

EIN 11-6036373 • 501(c)9 • Englewood Cliffs, NJ

Profile

To provide accident and sickness, dental, optical and medical benefits to members employed by contributing employers

140 Sylvan Avenue Suite 303Englewood Cliffs, NJ 07652

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

76th percentile

0.00x

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

501(c)9 • <$500k nonprofits • Source year 2021

Net Margin

38th percentile

-44%

Higher net margin than 38% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-100%

Faster asset growth than 40% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-89%

Faster revenue growth than 26% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $6,115,632 (-100%) from 2020

Liabilities

Down

$0

Down $26,372 (-100%) from 2020

Net Assets

Down

$0

Down $6,089,260 (-100%) from 2020

Revenue

Down

$321,090

Down $2,548,477 (-89%) from 2020

Expenses

Down

$461,853

Down $2,562,577 (-85%) from 2020

Net Income

Up

-$140,763

Up $14,100 (+9.1%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,542,018Liabilities 2010: $376,661Net Assets 2010: $6,165,3572010Assets 2011: $5,691,808Liabilities 2011: $427,650Net Assets 2011: $5,264,1582011Assets 2012: $6,356,451Liabilities 2012: $369,650Net Assets 2012: $5,986,8012012Assets 2013: $6,808,161Liabilities 2013: $344,390Net Assets 2013: $6,463,7712013Assets 2014: $7,072,492Liabilities 2014: $685,565Net Assets 2014: $6,386,9272014Assets 2015: $6,700,347Liabilities 2015: $495,777Net Assets 2015: $6,204,5702015Assets 2016: $6,211,399Liabilities 2016: $653,476Net Assets 2016: $5,557,9232016Assets 2017: $5,869,736Liabilities 2017: $506,616Net Assets 2017: $5,363,1202017Assets 2018: $5,979,244Liabilities 2018: $465,512Net Assets 2018: $5,513,7322018Assets 2019: $6,142,350Liabilities 2019: $333,148Net Assets 2019: $5,809,2022019Assets 2020: $6,115,632Liabilities 2020: $26,372Net Assets 2020: $6,089,2602020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,371,1632010Expenses 2011: $4,096,2642011Expenses 2012: $2,594,4632012Revenue 2013: $2,954,030Expenses 2013: $2,514,008Net Income 2013: $440,0222013Revenue 2014: $3,212,037Expenses 2014: $3,011,909Net Income 2014: $200,1282014Revenue 2015: $2,771,048Expenses 2015: $2,749,569Net Income 2015: $21,4792015Revenue 2016: $2,561,306Expenses 2016: $3,169,359Net Income 2016: -$608,0532016Revenue 2017: $3,013,019Expenses 2017: $3,317,761Net Income 2017: -$304,7422017Revenue 2018: $3,211,579Expenses 2018: $2,867,820Net Income 2018: $343,7592018Revenue 2019: $2,780,360Expenses 2019: $2,669,619Net Income 2019: $110,7412019Revenue 2020: $2,869,567Expenses 2020: $3,024,430Net Income 2020: -$154,8632020Revenue 2021: $321,090Expenses 2021: $461,853Net Income 2021: -$140,7632021

Highlighted filing

2021

Revenue$321,090
Expenses$461,853
Net Income-$140,763

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Mar 1, 2021
Signed
Nov 4, 2022
Return Version
2021v4.2
Gross Receipts
$444,404
Mission and Program Overview

Mission

To provide accident and sickness, dental, optical and medical benefits to members employed by contributing employers

The plan provides health benefits to participants and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,089,260$0▼ $6,089,260
Investments Other Securities$3,452,925$0▼ $3,452,925
Savings and Temporary Cash Investments$1,814,263$0▼ $1,814,263
Investments in Publicly Traded Securities$1,078,348$0▼ $1,078,348
Accounts Receivable$80,172$0▼ $80,172
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Cash and Non-Interest-Bearing Accounts$-317,167$0▲ $317,167
Total Assets$6,115,632$0▼ $6,115,632
Other Assets Total$7,091$0▼ $7,091
Liabilities
Accounts Payable and Accrued Expenses$26,372--
Total Liabilities$26,372$0▼ $26,372
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,089,260$0▼ $6,089,260
Total Liabilities and Net Assets / Fund Balance$6,115,632$0▼ $6,115,632
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey IsaacsEmployer Trustee
Brian SchneckUnion Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$320,192
Investment Income
$898
Other Revenue
$0
Change in Net Assets
$-140,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$317,584
Revenue Not Reported on Financial Statements
$3,506
Revenue Not Reported on Form 990
$-8,759
Total Revenue per Audited Statements
$308,825
Total Revenue per Form 990
$321,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,073
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---$423,780
Fees for Service Investment Mgmnt Fees---$3,506
Insurance---$3,420
Other Expenses---$800
Total Functional Expenses$0$0$0$461,853

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$461,853
Expenses per Audited Statements$458,347
Total Expenses per Audited Statements$458,347
Expenses Not Reported on Financial Statements$3,506
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 A, Line 8B

The organization does not have committees with authority to act on behalf of the governing body.

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

The trustees receive a copy of the form 990 for their review, prior to its filing.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available to participants for public inspection upon written request.

Filing and Contact Details

Filer

Filer Name
Local 365 Uaw Welfare Fund
EIN
11-6036373
Phone
2019478000
Address
140 SYLVAN AVENUE SUITE 303, ENGLEWOOD CLIFFS, NJ 07652

Signing Officer

Name
Jeffrey C Isaacs
Title
Trustee
Phone
2019478000
Signed
2022-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Isaacs
Formed
1949
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Buchbinder Tunick & Co Llp
Address
150 CLOVE ROAD 5TH FLOOR, LITTLE FALLS, NJ 07424
Preparer
Ted Kirshenbaum CPA
Phone
8629466100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of assets to 259ssd -5,939,738.

Form 990, Part XII, Line 2C

The board of trustees assumes responsibility for oversight of the audit and selection of its independent accountant

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 internal revenue service. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of march 1, 2021, 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. Employee benefit plans are subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress for the plan. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2018.

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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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IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd2NJ
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd3NJ
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd007632
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd107632
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd207632
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd307632
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES RECEIVE A COPY OF THE FORM 990 FOR THEIR REVIEW, PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PARTICIPANTS FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRANSFER OF ASSETS TO 259SSD -5,939,738.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF ITS INDEPENDENT ACCOUNTANT
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ABC BODY AND TRAILER CO INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1CHARLES ROSS & SON CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2COBHAM LONG ISLAND INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3POTDEVIN MACHINE CO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4ROSS METAL FABRICATORS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5TRUCK KING INTERNATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LOCAL 365 UAW PENSION FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0116045281
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE PENSION BENEFITS TO PARTICIPANTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0140 SYLVAN AVENUE SUITE 303
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ENGLEWOOD CLIFFS
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007652
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt06115632
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IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026372
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06089260
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0320192
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0898
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0320192
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0321090
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06115632
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0140 SYLVAN AVENUE SUITE 303
IRS990/USAddress/CityNm0ENGLEWOOD CLIFFS
IRS990/USAddress/StateAbbreviationCd0NJ
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IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY C ISAACS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02019478000
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL 365 UAW WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0116036373
ReturnHeader/Filer/PhoneNum02019478000
ReturnHeader/Filer/USAddress/AddressLine1Txt0140 SYLVAN AVENUE SUITE 303
ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD CLIFFS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007652
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131578842
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUCHBINDER TUNICK & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 CLOVE ROAD 5TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LITTLE FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007424
ReturnHeader/PreparerPersonGrp/PhoneNum08629466100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TED KIRSHENBAUM CPA
ReturnHeader/ReturnTs02022-11-15T13:24:01-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ISAACS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-03-01
ReturnHeader/TaxYr02021

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