Civic Intelligence

Liuna Local 731 Training Fund

990 • Fiscal year 2014 • EIN 13-3900715

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 23, 2015

34-11 35th AvenueAstoria, NY 11106

(718) 752-9860

Siviq Scores

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

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

11th percentile

0.03x

Higher debt load relative to revenue than 11% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$424,329

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

60th percentile

6.1%

Faster asset growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

38th percentile

0.9%

Faster revenue growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Up

$17,761,411

Up $1,021,917 (+6.1%) from 2013

Net Assets

Up

$17,651,997

Up $1,008,727 (+6.1%) from 2013

Liabilities

Up

$109,414

Up $13,190 (+14%) from 2013

Revenue

Up

$4,126,673

Up $38,433 (+0.9%) from 2013

Expenses

Down

$2,707,957

Down $271,447 (-9.1%) from 2013

Net Income

Up

$1,418,716

Up $309,880 (+28%) from 2013

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $12,323,152Liabilities 2010: $78,917Net Assets 2010: $12,244,2352010Assets 2011: $14,215,200Liabilities 2011: $48,092Net Assets 2011: $14,167,1082011Assets 2012: $16,331,986Liabilities 2012: $92,870Net Assets 2012: $16,239,1162012Assets 2013: $16,739,494Liabilities 2013: $96,224Net Assets 2013: $16,643,2702013Assets 2014: $17,761,411Liabilities 2014: $109,414Net Assets 2014: $17,651,9972014Assets 2015: $18,304,653Liabilities 2015: $792,373Net Assets 2015: $17,512,2802015Assets 2016: $19,518,281Liabilities 2016: $1,709,401Net Assets 2016: $17,808,8802016Assets 2017: $20,919,462Liabilities 2017: $169,020Net Assets 2017: $20,750,4422017Assets 2018: $23,688,658Liabilities 2018: $294,105Net Assets 2018: $23,394,5532018Assets 2019: $29,159,291Liabilities 2019: $311,670Net Assets 2019: $28,847,6212019Assets 2020: $33,215,001Liabilities 2020: $453,121Net Assets 2020: $32,761,8802020Assets 2021: $35,207,464Liabilities 2021: $35,685Net Assets 2021: $35,171,7792021Assets 2022: $34,235,772Liabilities 2022: $629,488Net Assets 2022: $33,606,2842022Assets 2023: $38,521,411Liabilities 2023: $2,044,632Net Assets 2023: $36,476,7792023Assets 2024: $40,503,312Liabilities 2024: $685,510Net Assets 2024: $39,817,8022024

Highlighted filing

2014

Assets$17,761,411
Liabilities$109,414
Net Assets$17,651,997

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,495,9212010Expenses 2011: $2,496,0332011Expenses 2012: $2,603,6912012Revenue 2013: $4,088,240Expenses 2013: $2,979,404Net Income 2013: $1,108,8362013Revenue 2014: $4,126,673Expenses 2014: $2,707,957Net Income 2014: $1,418,7162014Revenue 2015: $4,431,637Expenses 2015: $3,717,743Net Income 2015: $713,8942015Revenue 2016: $4,280,322Expenses 2016: $4,590,195Net Income 2016: -$309,8732016Revenue 2017: $5,726,273Expenses 2017: $3,069,914Net Income 2017: $2,656,3592017Revenue 2018: $6,933,689Expenses 2018: $3,542,957Net Income 2018: $3,390,7322018Revenue 2019: $7,807,516Expenses 2019: $4,660,763Net Income 2019: $3,146,7532019Revenue 2020: $8,001,596Expenses 2020: $4,243,518Net Income 2020: $3,758,0782020Revenue 2021: $6,900,469Expenses 2021: $5,073,731Net Income 2021: $1,826,7382021Revenue 2022: $6,806,306Expenses 2022: $5,335,072Net Income 2022: $1,471,2342022Revenue 2023: $7,462,554Expenses 2023: $6,004,717Net Income 2023: $1,457,8372023Revenue 2024: $8,083,578Expenses 2024: $5,390,795Net Income 2024: $2,692,7832024

Highlighted filing

2014

Revenue$4,126,673
Expenses$2,707,957
Net Income$1,418,716
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 23, 2015
Return Version
2014v5.0
Gross Receipts
$9,731,019
Mission and Program Overview

Mission

Collectively bargained multi-employer training fund provides training, retraining & education benefits on behalf of employees of contributing employers & dependents of such employees

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$16,643,270$17,651,997▲ $1,008,727
Investments in Publicly Traded Securities$13,936,467$14,358,805▲ $422,338
Savings and Temporary Cash Investments$1,923,325$2,632,788▲ $709,463
Accounts Receivable$428,851$405,242▼ $23,609
Land, Buildings, and Equipment, Net$104,072$74,042▼ $30,030
Total Assets$16,739,494$17,761,411▲ $1,021,917
Other Assets Total$346,779$290,534▼ $56,245
Liabilities
Accounts Payable and Accrued Expenses$51,030$61,591▲ $10,561
Other Liabilities$45,194$47,823▲ $2,629
Total Liabilities$96,224$109,414▲ $13,190
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,643,270$17,651,997▲ $1,008,727
Total Liabilities and Net Assets / Fund Balance$16,739,494$17,761,411▲ $1,021,917

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$74,042$453,816$527,858
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH D'AMATOBus MngrFT$186,693$71,052$257,745
Michael TruscelloTraining COO-$188,034$69,711$257,745
Frank BiacanielloTrusteeFT$159,458$71,252$230,710
James NethawayAdministrato-$160,999$69,711$230,710
Michael TruscelloTraining Coordinator-$128,777$71,182$199,959
James NethawayAdministrator-$126,052$69,744$195,796

Board Members and Trustees

NameTitle
Frank DimennaEmplr Trstee
Mark RosenEmplr Trstee
Brian FalcoInstructor
Vincent OmbresInstructor
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,364,297
Investment Income
$754,215
Other Revenue
$8,161
Change in Net Assets
$1,418,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,126,673
Revenue Not Reported on Form 990
$-409,989
Total Revenue per Audited Statements
$3,716,684
Total Revenue per Form 990
$4,126,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,311,133
Other Expenses$1,105,824
Grants and Similar Amounts Paid$291,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$752,895--$752,895
Occupancy$504,960--$504,960
Grants to Domestic Individuals$291,000--$291,000
Pension Plan Contributions$273,356--$273,356
Other Employee Benefits$234,159--$234,159
Fees for Services Legal$69,000--$69,000
Payroll Taxes$50,723--$50,723
Insurance$35,415--$35,415
Depreciation Depletion$32,969--$32,969
Office Expenses$28,270--$28,270
Fees for Services Accounting$24,018--$24,018
Travel$19,533--$19,533
Information Technology$12,422--$12,422
Fees for Services Other$4,750--$4,750
Other Expenses$168--$168
Total Functional Expenses$2,707,957$0$0$2,707,957

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,707,957
Total Expenses per Audited Statements$2,707,957
Total Expenses per Form 990$2,707,957
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Funds$47,823
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

Joseph d'amato anthony d'amato bus mngr training dir family relationship

Form 990, Page 6, Part VI, Line 11B

Form 990 was reviewed by the governing body & discussed with the accountant

Form 990, Page 6, Part VI, Line 15A

Compensation is approved by the board of trustees

Form 990, Page 6, Part VI, Line 15B

Compensation is approved by the board of trustees

Form 990, Page 6, Part VI, Line 19

Organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Liuna Local 731 Training Fund
EIN
13-3900715
Phone
7187529860
Address
34-11 35TH AVENUE, ASTORIA, NY 11106

Signing Officer

Name
JOSEPH D'AMATO
Title
Trustee
Phone
7187529860
Signed
2015-10-23
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
12

Preparer

Firm
Castiglia Llp
Address
66 COMMACK ROAD SUITE 304, COMMACK, NY 11725
Preparer
Robert V Castiglia CPA
Phone
6314867830
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Collectively bargained multi-employer training fund to provide training,re-training and education benefits on behalf of employees of contributing employers & dependents of such employees

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH D'AMATO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FRANK BIACANIELLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MICHAEL TRUSCELLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JAMES NETHAWAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4BRIAN FALCO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5VINCENT OMBRES
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRAINING COORDINATOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3ADMINISTRATOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4INSTRUCTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5INSTRUCTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COLLECTIVELY BARGAINED MULTI-EMPLOYER TRAINING FUND TO PROVIDE TRAINING,RE-TRAINING AND EDUCATION BENEFITS ON BEHALF OF EMPLOYEES OF CONTRIBUTING EMPLOYERS & DEPENDENTS OF SUCH EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOSEPH D'AMATO ANTHONY D'AMATO BUS MNGR TRAINING DIR FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS REVIEWED BY THE GOVERNING BODY & DISCUSSED WITH THE ACCOUNTANT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ANNUITY FUND FOR CLERICAL EMPLOYEES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1EXCAVATORS UNION LOCAL 731 ANNUITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2EXCAVATORS UNION LOCAL 731 PENSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3EXCAVATORS UNION LOCAL 731 WELFARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4LOCAL 731 FUND EMPLOYEES PENSION PL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5EXCAVATORS UNION LOCAL 731
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.5$0.69$39.8$8.08$5.39$2.69
2023Detailed filing. Detailed filing data is available for this year.$38.5$2.04$36.5$7.46$6.00$1.46
2022Detailed filing. Detailed filing data is available for this year.$34.2$0.63$33.6$6.81$5.34$1.47
2021Detailed filing. Detailed filing data is available for this year.$35.2$0.04$35.2$6.90$5.07$1.83
2020Detailed filing. Detailed filing data is available for this year.$33.2$0.45$32.8$8.00$4.24$3.76
2019Detailed filing. Detailed filing data is available for this year.$29.2$0.31$28.8$7.81$4.66$3.15
2018Detailed filing. Detailed filing data is available for this year.$23.7$0.29$23.4$6.93$3.54$3.39
2017Detailed filing. Detailed filing data is available for this year.$20.9$0.17$20.8$5.73$3.07$2.66
2016Detailed filing. Detailed filing data is available for this year.$19.5$1.71$17.8$4.28$4.59$0.31
2015Detailed filing. Detailed filing data is available for this year.$18.3$0.79$17.5$4.43$3.72$0.71
2014Detailed filing. Detailed filing data is available for this year.$17.8$0.11$17.7$4.13$2.71$1.42
2013Detailed filing. Detailed filing data is available for this year.$16.7$0.10$16.6$4.09$2.98$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$0.09$16.2$2.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$0.05$14.2$2.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$0.08$12.2$2.50