Civic Intelligence

Steamfitters' Industry Security Benefit Fund

990 • Fiscal year 2016 • EIN 13-6149681

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 21, 2017

Organization Profilewww.steamfitters.com

View Organization Page

27-08 40th Avenue 2nd floorLong Island City, NY 11101-3725

(212) 465-8888

Siviq Scores

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

Liabilities / Assets

14th percentile

0.03x

Higher debt load relative to assets than 14% of similar nonprofits.

2016 filings • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.14x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • $250M-$1B nonprofits • Source year 2016

Net Margin

94th percentile

46%

Higher net margin than 94% of similar nonprofits.

2016 filings • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

31st percentile

$426,581

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2016 filings • $250M-$1B nonprofits • Source year 2016

Asset Growth

89th percentile

16%

Faster asset growth than 89% of similar nonprofits.

2016 filings • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

3.5%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • $250M-$1B nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$238,830,794

Up $32,801,772 (+16%) from 2015

Net Assets

Up

$231,312,213

Up $30,075,371 (+15%) from 2015

Liabilities

Up

$7,518,581

Up $2,726,401 (+57%) from 2015

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin94th percentile

Revenue

Up

$53,151,316

Up $1,811,707 (+3.5%) from 2015

Expenses

Down

$28,570,975

Down $8,758,967 (-23%) from 2015

Net Income

Up

$24,580,341

Up $10,570,674 (+75%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

2016

Assets$238,830,794
Liabilities$7,518,581
Net Assets$231,312,213
Open 2016 Filing

Operations Trend

Revenue Growth50th percentile

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

2016

Revenue$53,151,316
Expenses$28,570,975
Net Income$24,580,341
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 21, 2017
Return Version
2016v3.0
Gross Receipts
$493,994,804
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.

The Fund was established to accumulate funds to provide supplemental benefits to partic. They become eligible to part in the Plan beg with the first day in which they work in covered employ for a signed contractor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$201,236,842$231,312,213▲ $30,075,371
Investments in Publicly Traded Securities$173,287,717$206,001,861▲ $32,714,144
Investments Other Securities$28,302,600$28,446,888▲ $144,288
Accounts Receivable$2,406,870$2,142,106▼ $264,764
Cash and Non-Interest-Bearing Accounts$1,288,476$681,514▼ $606,962
Prepaid Expenses and Deferred Charges$2,810$7,693▲ $4,883
Total Assets$206,029,022$238,830,794▲ $32,801,772
Other Assets Total$740,549$1,550,732▲ $810,183
Liabilities
Accounts Payable and Accrued Expenses$4,792,180$7,518,581▲ $2,726,401
Total Liabilities$4,792,180$7,518,581▲ $2,726,401
Net Assets / Fund Balance
Total Net Assets Fund Balance$201,236,842$231,312,213▲ $30,075,371
Total Liabilities and Net Assets / Fund Balance$206,029,022$238,830,794▲ $32,801,772

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$28,446,888--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter J RuffnerAssistant AdministratorPT$22,755$250,598$22,755
Kevin J DriscollExecutive Administrator-$4,054$422,527$4,054
William J TurnbullController-$2,696$286,828$2,696

Board Members and Trustees

NameTitle
Thomas GoodwinEducation Director
Sean DriscollIT Director
Anthony SaporitoTrustee
Christopher KraftTrustee
Patrick Dolan JrTrustee
Peter C VrankovicTrustee
Ralph Montuoro JrTrustee
Robert EganTrustee
Daniel KnightsEducation Instructor
James CoffeyEducation Instructor
Paul HopkinsEducation Instructor
Steven CuadraEducation Instructor
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$47,088,691
Investment Income
$5,905,562
Other Revenue
$157,063
Change in Net Assets
$24,580,341

Audited Revenue Reconciliation

Revenue per Audited Statements
$52,147,419
Revenue Not Reported on Financial Statements
$1,003,897
Revenue Not Reported on Form 990
$5,495,030
Total Revenue per Audited Statements
$57,642,449
Total Revenue per Form 990
$53,151,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,296,810
Salaries, Compensation, and Employee Benefits$300,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$26,974,081--$26,974,081
Fees for Service Investment Mgmnt Fees-$1,003,897-$1,003,897
Other Salaries and Wages-$189,316-$189,316
Office Expenses-$123,926-$123,926
Information Technology-$67,048-$67,048
Pension Plan Contributions-$53,269-$53,269
Other Employee Benefits-$37,454-$37,454
Fees for Services Legal-$25,978-$25,978
Insurance-$25,665-$25,665
Occupancy-$23,002-$23,002
Fees for Services Accounting-$20,138-$20,138
Payroll Taxes-$13,295-$13,295
Current Officers, Directors, Trustees, and Key Employees-$6,750-$6,750
Travel-$6,016-$6,016
Conferences and Meetings-$1,140-$1,140
Total Functional Expenses$26,974,081$1,596,894$0$28,570,975

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,570,975
Expenses per Audited Statements$27,567,078
Total Expenses per Audited Statements$27,567,078
Expenses Not Reported on Financial Statements$1,003,897
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
Federal income taxes-
Due to/from other funds-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 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 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 15AB

“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 within the parameters set by the collective bargaining agreement.”

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. This return was not filed on time and granted an extension because more time was needed to acquire all information needed to file a complete and accurate return.”

Filing and Contact Details

Filer

Filer Name
Steamfitters' Industry Security Benefit Fund
EIN
13-6149681
Phone
2124658888
Address
27-08 40th Avenue 2nd floor, Long Island City, NY 11101-3725

Signing Officer

Name
Patrick Dolan Jr
Title
Employee Trustee
Signed
2017-06-21
Discuss with paid preparer
No

Organization Details

Formed
1961
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04830623
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt028302600
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt028446888
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0173287717
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0206001861
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0440843488
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0201236842
IRS990/NetAssetsOrFundBalancesEOYAmt0231312213
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01074939
IRS990/NetUnrlzdGainsLossesInvstAmt05495030
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt023002
IRS990/OccupancyGrp/TotalAmt023002
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0123926
IRS990/OfficeExpensesGrp/TotalAmt0123926
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0740549
IRS990/OtherAssetsTotalGrp/EOYAmt01550732
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037454
IRS990/OtherEmployeeBenefitsGrp/TotalAmt037454
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0157063
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0157063
IRS990/OtherRevenueTotalAmt0157063
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0189316
IRS990/OtherSalariesAndWagesGrp/TotalAmt0189316
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013295
IRS990/PayrollTaxesGrp/TotalAmt013295
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt053269
IRS990/PensionPlanContributionsGrp/TotalAmt053269
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02810
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07693
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Kevin J Driscoll Executive Administrator
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0Employer contributions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt047088691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt047088691
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt035789585
IRS990/PYInvestmentIncomeAmt010833802
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01272968
IRS990/PYOtherRevenueAmt031429
IRS990/PYProgramServiceRevenueAmt040474378
IRS990/PYRevenuesLessExpensesAmt014009667
IRS990/PYSalariesCompEmpBnftPaidAmt0267389
IRS990/PYTotalExpensesAmt037329942
IRS990/PYTotalRevenueAmt051339609
IRS990/ReconcilationRevenueExpnssAmt024580341
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0201236842
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0231312213
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01003897
IRS990ScheduleD/ExpensesSubtotalAmt027567078
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01003897
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01003897
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05495030
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to/from other funds
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt028446888
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Lord Abbett International Core Equity
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt05495030
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01003897
IRS990ScheduleD/RevenueSubtotalAmt052147419
IRS990ScheduleD/TotalBookValueSecuritiesAmt028446888
IRS990ScheduleD/TotalExpensesPerForm990Amt028570975
IRS990ScheduleD/TotalRevenuePerForm990Amt053151316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt057642449
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt027567078
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt04054
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt12696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt222755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0377149
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1236232
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2223863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3185095
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4127428
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5147221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6147055
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt7143955
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt8143592
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021190
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt119885
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt218267
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt360526
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt418245
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt550278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt650278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt750278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt850278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt024188
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt130711
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt28468
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt37969
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt47837
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Kevin J Driscoll
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1William J Turnbull
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Peter J Ruffner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Thomas Goodwin
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4Sean Driscoll
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5Steven Cuadra
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm6Paul Hopkins
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm7Daniel Knights
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm8James Coffey
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Administrator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Controller
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Assistant Administrator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Education Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4IT Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5Education Instructor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6Education Instructor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt7Education Instructor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt8Education Instructor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt04054
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt12696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt222755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0422527
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1286828
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2250598
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3253590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4153510
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt5197499
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt6197333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt7194233
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt8193870
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This tax return was prepared by staff and reviewed by the Funds Controller, who is a CPA. Then, it was provided to the Funds auditors for review and approval. Lastly, it is provided to a member of the Board of Directors for review and signature.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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 within the parameters set by the collective bargaining agreement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each 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/SupplementalInformationDetail/ExplanationTxt3All 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. This return was not filed on time and granted an extension because more time was needed to acquire all information needed to file a complete and accurate return.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15AB
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$238,830,794
Liabilities
$7,518,581
Net assets
$231,312,213
Revenue
$53,151,316
Expenses
$28,570,975
Net income
$24,580,341
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
2016Detailed filing. Detailed filing data is available for this year.$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