Civic Intelligence

Local 365 Uaw Welfare Fund

990 • Fiscal year 2013 • EIN 11-6036373

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 28, 2014

140 Sylvan Avenue Suite 303Englewd Clfs, NJ 07652

(201) 947-8000

Siviq Scores

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

Liabilities / Assets

54th percentile

0.05x

Higher debt load relative to assets than 54% of similar nonprofits.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

68th percentile

0.12x

Higher debt load relative to revenue than 68% of similar nonprofits.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

57th percentile

$9,000

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2013

Asset Growth

57th percentile

7.1%

Faster asset growth than 57% of similar nonprofits.

2013 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$6,808,161

Up $451,710 (+7.1%) from 2012

Net Assets

Up

$6,463,771

Up $476,970 (+8.0%) from 2012

Liabilities

Down

$344,390

Down $25,260 (-6.8%) from 2012

Revenue

$2,954,030

No earlier filing loaded for comparison.

Expenses

Down

$2,514,008

Down $80,455 (-3.1%) from 2012

Net Income

$440,022

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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

2013

Assets$6,808,161
Liabilities$344,390
Net Assets$6,463,771

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2013

Revenue$2,954,030
Expenses$2,514,008
Net Income$440,022
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 28, 2014
Return Version
2013v3.0
Gross Receipts
$5,173,815
Mission and Program Overview

Mission

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

To provide health benefits to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,641,877$5,966,267▲ $324,390
Savings and Temporary Cash Investments$569,203$593,277▲ $24,074
Accounts Receivable$114,255$216,433▲ $102,178
Total Assets$6,356,451$6,808,161▲ $451,710
Other Assets Total$31,116$32,184▲ $1,068
Liabilities
Other Liabilities$369,650$344,390▼ $25,260
Total Liabilities$369,650$344,390▼ $25,260
Net Assets / Fund Balance
Unrestricted Net Assets$5,986,801$6,463,771▲ $476,970
Total Net Assets Fund Balance$5,986,801$6,463,771▲ $476,970
Total Liabilities and Net Assets / Fund Balance$6,356,451$6,808,161▲ $451,710
Compensation and Service Providers

Employees

NameTitleBaseTotal
Alfred SchneierjrTrustee$9,000$9,000

Board Members and Trustees

NameTitle
Peter FullertonPresident
Jeffrey IsaacsTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Express Scripts INCProvide Prescription Drug Benefits For M-$341,163
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,520,837
Investment Income
$408,189
Other Revenue
$25,004
Change in Net Assets
$440,022

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,954,030
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$36,948
Total Revenue per Audited Statements
$2,990,978
Total Revenue per Form 990
$2,954,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,114
Salaries, Compensation, and Employee Benefits$425
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$2,285,469
Fees for Services Management---$93,446
Fees for Service Investment Mgmnt Fees---$42,326
Fees for Services Legal---$41,216
Fees for Services Accounting---$27,650
Conferences and Meetings---$11,200
Fees for Services Other---$7,198
Insurance---$4,020
Office Expenses---$1,058
Payroll Taxes---$425
Total Functional Expenses$0$0$0$2,514,008

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,514,008
Expenses per Audited Statements$2,496,942
Total Expenses per Audited Statements$2,496,942
Expenses Not Reported on Financial Statements$17,066
Expenses Not Reported on Form 990$0
Other Expense Adjustments$-25,260
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Claims Payable$344,390
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization delegated control over management duties to third party administrator - benefit services,inc.

Form 990, Part VI, Section A, Line 6

The organization has 3 voting members of the governing board and the members are independent.

Form 990, Part VI, Section A, Line 7A

The organization has members who may elect one or more members of the governing body.

Form 990, Part VI, Section A, Line 7B

The board has the right to make decisions on behalf of the members without approval.

Form 990, Part VI, Section B, Line 11

The organization reviews the 990 at board meetings before it is filed.

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

The organization regularly and consistently monitors and enforces compliance with this policy.

Form 990, Part VI, Section C, Line 19

Documents at the fund office are made available upon request.

Filing and Contact Details

Filer

EIN
11-6036373
Phone
2019478000

Signing Officer

Name
Peter Fullerton
Title
President
Phone
2019478000
Signed
2014-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Fullerton
Formed
1949
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Preparer
Alan Silverstein
Phone
5162563500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C ( Page 12 )

The process has not changed from prior year.

Financial Statement Notes

PART XII, LINE 4B - OTHER ADJUSTMENTS:

CLAIMS PAYABLE -25,260.

Form 990, Part XII, Line 4B

Claims payable is the difference in the change in plans total benefit obligation at the end of the year.

Raw XML Appendix335 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
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IRS990/BenefitsToMembersGrp/TotalAmt02285469
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10LOCAL 365 UAW WELFARE FUND
IRS990/BooksInCareOfDetail/PhoneNum02019478000
IRS990/BooksInCareOfDetail/USAddress/AddressLine10140 SYLVAN AVENUE SUITE 303
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1021653 NETWORK PLACE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0IL
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IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt042326
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IRS990/Form990PartVIISectionAGrp/PersonNm2JEFFREY ISAACS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02369430
IRS990/GrossReceiptsAmt05173815
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/InsuranceGrp/TotalAmt04020
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0258544
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05641877
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IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02219785
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO PROVIDE ACCIDENT AND SICKNESS, DENTAL, OPTICAL AND MEDICAL BENEFITS TO MEMBERS EMPLOYED BY CONTRIBUTING EMPLOYERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05986801
IRS990/NetAssetsOrFundBalancesEOYAmt06463771
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0149645
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0149645
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
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IRS990/PartialLiquidationInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYEES COBRA CONTRIBUTIONS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CLAIMS PAYABLE -25,260.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CLAIMS PAYABLE IS THE DIFFERENCE IN THE CHANGE IN PLANS TOTAL BENEFIT OBLIGATION AT THE END OF THE YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART XII, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO THIRD PARTY ADMINISTRATOR - BENEFIT SERVICES,INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS 3 VOTING MEMBERS OF THE GOVERNING BOARD AND THE MEMBERS ARE INDEPENDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD HAS THE RIGHT TO MAKE DECISIONS ON BEHALF OF THE MEMBERS WITHOUT APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REVIEWS THE 990 AT BOARD MEETINGS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS AT THE FUND OFFICE ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
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 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C ( PAGE 12 )
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06356451
IRS990/TotalAssetsEOYAmt06808161
IRS990/TotalAssetsGrp/BOYAmt06356451
IRS990/TotalAssetsGrp/EOYAmt06808161
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02514008
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0369650
IRS990/TotalLiabilitiesEOYAmt0344390
IRS990/TotalLiabilitiesGrp/BOYAmt0369650
IRS990/TotalLiabilitiesGrp/EOYAmt0344390
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05986801
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06463771
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02520837
IRS990/TotalReportableCompFromOrgAmt09000
IRS990/TotalRevenueGrp/ExclusionAmt0258544
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02695486
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02954030
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06356451
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06808161
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05986801
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06463771
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10140 SYLVAN AVENUE SUITE 303
IRS990/USAddress/City0ENGLEWOOD CLIFFS
IRS990/USAddress/State0NJ
IRS990/USAddress/ZIPCode007652
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER FULLERTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02019478000
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10LOCAL 365 UAW WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0116036373
ReturnHeader/Filer/PhoneNum02019478000
ReturnHeader/Filer/USAddress/AddressLine10140 SYLVAN AVENUE SUITE 303
ReturnHeader/Filer/USAddress/City0ENGLEWOOD CLIFFS
ReturnHeader/Filer/USAddress/State0NJ
ReturnHeader/Filer/USAddress/ZIPCode007652
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113266576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10GRASSI & CO CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1050 JERICHO QUADRANGLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode011753
ReturnHeader/PreparerPersonGrp/PhoneNum05162563500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN SILVERSTEIN
ReturnHeader/ReturnTs02014-11-06T15:49:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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