Civic Intelligence

Steamfitters' Industry Security Benefit Fund

990 • Fiscal year 2011 • EIN 13-6149681

Jan 01, 2011 to Dec 31, 2011 • Filed on May 10, 2012

5 Penn Plaza Room No 21Floor10001-1887
Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2011 filings • $100M-$250M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

15th percentile

-2.9%

Faster asset growth than 15% of similar nonprofits.

2011 filings • $100M-$250M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$135,823,556

Down $4,066,047 (-2.9%) from 2010

Net Assets

Down

$134,249,338

Down $1,365,851 (-1.0%) from 2010

Liabilities

Down

$1,574,218

Down $2,700,196 (-63%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$31,587,886

Down $2,032,825 (-6.0%) from 2010

Net Income

-

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.

$400M$300M$200M$100M$0Assets 2010: $139,889,603Liabilities 2010: $4,274,414Net Assets 2010: $135,615,1892010Assets 2011: $135,823,556Liabilities 2011: $1,574,218Net Assets 2011: $134,249,3382011Assets 2012: $162,257,915Liabilities 2012: $2,593,251Net Assets 2012: $159,664,6642012Assets 2013: $193,500,448Liabilities 2013: $8,576,990Net Assets 2013: $184,923,4582013Assets 2014: $209,075,535Liabilities 2014: $7,740,187Net Assets 2014: $201,335,3482014Assets 2015: $206,029,022Liabilities 2015: $4,792,180Net Assets 2015: $201,236,8422015Assets 2016: $238,830,794Liabilities 2016: $7,518,581Net Assets 2016: $231,312,2132016Assets 2017: $268,904,337Liabilities 2017: $3,279,704Net Assets 2017: $265,624,6332017Assets 2018: $271,200,452Liabilities 2018: $4,618,473Net Assets 2018: $266,581,9792018Assets 2019: $310,081,021Liabilities 2019: $1,127,324Net Assets 2019: $308,953,6972019Assets 2020: $308,222,894Liabilities 2020: $4,459,748Net Assets 2020: $303,763,1462020Assets 2021: $326,665,741Liabilities 2021: $2,719,273Net Assets 2021: $323,946,4682021Assets 2022: $294,790,618Liabilities 2022: $4,591,008Net Assets 2022: $290,199,6102022Assets 2023: $306,310,129Liabilities 2023: $4,113,275Net Assets 2023: $302,196,8542023Assets 2024: $318,983,360Liabilities 2024: $3,700,948Net Assets 2024: $315,282,4122024

Highlighted filing

2011

Assets$135,823,556
Liabilities$1,574,218
Net Assets$134,249,338

Operations Trend

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

$100M$50M$0-$50MExpenses 2010: $33,620,7112010Expenses 2011: $31,587,8862011Expenses 2012: $27,814,3872012Revenue 2013: $51,920,050Expenses 2013: $33,276,909Net Income 2013: $18,643,1412013Revenue 2014: $50,632,330Expenses 2014: $33,850,359Net Income 2014: $16,781,9712014Revenue 2015: $51,339,609Expenses 2015: $37,329,942Net Income 2015: $14,009,6672015Revenue 2016: $53,151,316Expenses 2016: $28,570,975Net Income 2016: $24,580,3412016Revenue 2017: $62,964,611Expenses 2017: $37,351,855Net Income 2017: $25,612,7562017Revenue 2018: $62,620,487Expenses 2018: $37,652,698Net Income 2018: $24,967,7892018Revenue 2019: $62,339,226Expenses 2019: $48,175,826Net Income 2019: $14,163,4002019Revenue 2020: $46,679,611Expenses 2020: $68,781,034Net Income 2020: -$22,101,4232020Revenue 2021: $52,241,912Expenses 2021: $52,386,250Net Income 2021: -$144,3382021Revenue 2022: $45,014,108Expenses 2022: $55,243,098Net Income 2022: -$10,228,9902022Revenue 2023: $47,531,364Expenses 2023: $50,016,055Net Income 2023: -$2,484,6912023Revenue 2024: $54,422,288Expenses 2024: $46,196,922Net Income 2024: $8,225,3662024

Highlighted filing

2011

Revenue-
Expenses$31,587,886
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 10, 2012
Return Version
2011v1.2
Gross Receipts
$217,934,953
Mission and Program Overview

Mission

The Fund was established to accumulate funds to pay or provide supplemental benefits to participants. The Fund is a multi- employer plan and is funded by employer contributions determined in accordance with the collective bargaining agreement.

Filing and Contact Details

Filer

EIN
13-6149681
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IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs6228583
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs7226621
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs8226737
IRS990/ScheduleJRequired0true
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0false
IRS990ScheduleO/GeneralExplanation/Explanation0This tax return was prepared by staff and reviewed by the Funds Controller, who is a CPA. Then, it was provided to the Funds auditors and counsel for review and approval. Lastly, it is provided to a member of the Board of Directors for review and signature.
IRS990ScheduleO/GeneralExplanation/Explanation1The Administrator of the Trust Funds negotiates with the Chairman and Co-Chairman of each Fund and agree to an increase in wages for all staff.
IRS990ScheduleO/GeneralExplanation/Explanation2Each year, Trustees sign a statement which affirms that such person has received a copy of the Conflict of Interest Policy and has read and understands the Policy. Also, the Trustees agree to comply with the Policy and understand that the Plan is a tax-exempt organization.
IRS990ScheduleO/GeneralExplanation/Explanation3All of the organizations governing documents, policies, financial statements and tax returns are available upon request by writing to the Fund Office and requesting a copy.
IRS990ScheduleO/GeneralExplanation/Explanation4The amount represents the unrealized gain on investments carried at fair market value.
IRS990ScheduleO/GeneralExplanation/Explanation5Form 990 Part VI Section B Line 11A This tax return was prepared by staff and reviewed by the Funds Controller, who is a CPA. Then, it was provided to the Funds auditors and counsel for review and approval. Lastly, it is provided to a member of the Board of Directors for review and signature. Form 990 Part VI Section B Line 15 AB The Administrator of the Trust Funds negotiates with the Chairman and Co-Chairman of each Fund and agree to an increase in wages for all staff. Form 990 Part VI Section B Line 12C Each year, Trustees sign a statement which affirms that such person has received a copy of the Conflict of Interest Policy and has read and understands the Policy. Also, the Trustees agree to comply with the Policy and understand that the Plan is a tax-exempt organization. Form 990 Part VI Section C Line 19 All of the organizations governing documents, policies, financial statements and tax returns are available upon request by writing to the Fund Office and requesting a copy. Form 990 Part XI Line 5 The amount represents the unrealized gain on investments carried at fair market value.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990 Part XI
IRS990ScheduleO/GeneralExplanation/ReturnReference011A
IRS990ScheduleO/GeneralExplanation/ReturnReference115 AB
IRS990ScheduleO/GeneralExplanation/ReturnReference212C
IRS990ScheduleO/GeneralExplanation/ReturnReference319
IRS990ScheduleO/GeneralExplanation/ReturnReference45
IRS990/ScheduleORequired0true
IRS990ScheduleR/ExchangeOfAssets0false
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine105 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine115 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine125 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine135 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine145 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine155 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine165 Penn Plaza 21st floor
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine175 Penn Plaza 21st floor

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.$319$3.70$315$54.4$46.2$8.23
2023Summary only. Only limited summary data is available for this year.$306$4.11$302$47.5$50.0$2.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$295$4.59$290$45.0$55.2$10.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$327$2.72$324$52.2$52.4$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$308$4.46$304$46.7$68.8$22.1
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$310$1.13$309$62.3$48.2$14.2
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$271$4.62$267$62.6$37.7$25.0
2017Summary only. Only limited summary data is available for this year.$269$3.28$266$63.0$37.4$25.6
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$239$7.52$231$53.2$28.6$24.6
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$206$4.79$201$51.3$37.3$14.0
2014Detailed filing. Detailed filing data is available for this year.$209$7.74$201$50.6$33.9$16.8
2013Detailed filing. Detailed filing data is available for this year.$194$8.58$185$51.9$33.3$18.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$2.59$160$27.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$136$1.57$134$31.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$140$4.27$136$33.6