Civic Intelligence

Plasterers & Cement Masons Local No 111

EIN 16-1588138 • 501(c)5 • Tonawanda, NY

Profile

To provide training and education to help members perform their jobs more efficiently.

111 Wales AvenueTonawanda, NY 14150

n/A

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Net Margin

93rd percentile

42%

Higher net margin than 93% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)5 • <$500k nonprofits • Source year 2017

Asset Growth

95th percentile

52%

Faster asset growth than 95% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

37%

Faster revenue growth than 92% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$372,417

Up $102,861 (+38%) from 2023

Liabilities

Down

$1,803

Down $30 (-1.6%) from 2023

Net Assets

Up

$370,614

Up $102,891 (+38%) from 2023

Revenue

Up

$204,943

Up $26,615 (+15%) from 2023

Expenses

Up

$110,244

Up $8,650 (+8.5%) from 2023

Net Income

Up

$94,699

Up $17,965 (+23%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $142,896Liabilities 2011: $1,346Net Assets 2011: $141,5502011Assets 2012: $133,393Liabilities 2012: $1,710Net Assets 2012: $131,6832012Assets 2013: $111,675Liabilities 2013: $302Net Assets 2013: $111,3732013Assets 2014: $100,094Liabilities 2014: $504Net Assets 2014: $99,5902014Assets 2015: $89,896Liabilities 2015: $577Net Assets 2015: $89,3192015Assets 2016: $86,920Liabilities 2016: $796Net Assets 2016: $86,1242016Assets 2017: $95,859Liabilities 2017: $1,053Net Assets 2017: $94,8062017Assets 2018: $65,325Liabilities 2018: $0Net Assets 2018: $65,3252018Assets 2019: $71,247Liabilities 2019: $0Net Assets 2019: $71,2472019Assets 2020: $95,186Liabilities 2020: $0Net Assets 2020: $95,1862020Assets 2021: $126,445Liabilities 2021: $0Net Assets 2021: $126,4452021Assets 2022: $192,363Liabilities 2022: $229Net Assets 2022: $192,1342022Assets 2023: $269,556Liabilities 2023: $1,833Net Assets 2023: $267,7232023Assets 2024: $372,417Liabilities 2024: $1,803Net Assets 2024: $370,6142024

Highlighted filing

2024

Assets$372,417
Liabilities$1,803
Net Assets$370,614

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $34,467Expenses 2011: $34,577Net Income 2011: -$1102011Revenue 2012: $35,075Expenses 2012: $43,520Net Income 2012: -$8,4452012Revenue 2013: $30,207Expenses 2013: $52,292Net Income 2013: -$22,0852013Revenue 2014: $30,916Expenses 2014: $41,459Net Income 2014: -$10,5432014Revenue 2015: $39,623Expenses 2015: $51,688Net Income 2015: -$12,0652015Revenue 2016: $44,416Expenses 2016: $47,630Net Income 2016: -$3,2142016Revenue 2017: $57,605Expenses 2017: $47,013Net Income 2017: $10,5922017Revenue 2018: $78,750Expenses 2018: $87,451Net Income 2018: -$8,7012018Revenue 2019: $85,858Expenses 2019: $82,066Net Income 2019: $3,7922019Revenue 2020: $109,908Expenses 2020: $87,745Net Income 2020: $22,1632020Revenue 2021: $121,303Expenses 2021: $89,339Net Income 2021: $31,9642021Revenue 2022: $165,835Expenses 2022: $95,456Net Income 2022: $70,3792022Revenue 2023: $178,328Expenses 2023: $101,594Net Income 2023: $76,7342023Revenue 2024: $204,943Expenses 2024: $110,244Net Income 2024: $94,6992024

Highlighted filing

2024

Revenue$204,943
Expenses$110,244
Net Income$94,699

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.72$0.02$3.71$2.05$1.10$0.95
2023Detailed filing. Detailed filing data is available for this year.$2.70$0.02$2.68$1.78$1.02$0.77
2022Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$1.66$0.95$0.70
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$1.21$0.89$0.32
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$1.10$0.88$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.86$0.82$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.79$0.87$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.58$0.47$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.86$0.44$0.48$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.89$0.40$0.52$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.01$1.00$0.31$0.41$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.11$0.30$0.52$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.02$1.32$0.35$0.44$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.01$1.42$0.34$0.35$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Feb 4, 2025
Return Version
2023v6.0
Gross Receipts
$204,943
Mission and Program Overview

Mission

To provide training and education to help members perform their jobs more efficiently.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$122,270$197,526▲ $75,256
Investments in Publicly Traded Securities$147,286$174,891▲ $27,605
Total Assets$269,556$372,417▲ $102,861
Liabilities
Other Liabilities$1,604$1,604→ $0
Accounts Payable and Accrued Expenses$229$199▼ $30
Total Liabilities$1,833$1,803▼ $30
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$267,723$370,614▲ $102,891
Total Net Assets Fund Balance$267,723$370,614▲ $102,891
Total Liabilities and Net Assets / Fund Balance$269,556$372,417▲ $102,861
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Charles LocurtoFinancial Secretary/trustee$434$74,368$74,802
John TomaselloCoordinator/trustee-$73,736$73,736

Board Members and Trustees

NameTitle
Jason AignerTrustee
Jim LoganTrustee
Joe BenedictTrustee
Mark CatalanoTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$184,272
Investment Income
$20,671
Other Revenue
$0
Change in Net Assets
$94,699

Audited Revenue Reconciliation

Revenue per Audited Statements
$203,684
Revenue Not Reported on Financial Statements
$1,259
Revenue Not Reported on Form 990
$8,192
Total Revenue per Audited Statements
$211,876
Total Revenue per Form 990
$204,943
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$72,518
Other Expenses$37,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$41,805
Other Employee Benefits---$28,985
Fees for Services Other---$9,058
Payments to Affiliates---$8,588
Occupancy---$3,490
Insurance---$1,701
Payroll Taxes---$1,294
Fees for Service Investment Mgmnt Fees---$1,259
Office Expenses---$575
Current Officers, Directors, Trustees, and Key Employees---$434
Other Expenses---$250
Total Functional Expenses$0$0$0$110,244

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$110,244
Expenses per Audited Statements$108,985
Total Expenses per Audited Statements$108,985
Expenses Not Reported on Financial Statements$1,259
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$1,604
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
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, Part VI, Section B, Line 11B

Form 990 is prepared by the independent accountant and reviewed with the business agent and office manager before submission. The business agent reviews the return with the executive board.

Form 990, Part VI, Section B, Line 15

The business agent's compensation is determined by the union contract, where the business agent receives the hourly rate of a general foreman, and the business manager receives the hourly rate of a foreman. The office manager's compensation is set by the executive board.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Plasterers & Cement Masons Local No 111
EIN
16-1588138
Phone
7166951494
Address
111 WALES AVENUE, TONAWANDA, NY 14150

Signing Officer

Name
John Tomasello
Title
Business Agent
Phone
7166951494
Signed
2025-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Tomasello
Formed
1967
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The fund prepares its financial statements on the modified cash basis of accounting, which is the cash basis of accounting modified to reflect the fund's undeposited payroll liabilities and investments at fair value. Consequently, certain revenue and related assets are recognized when received rather than when earned, and certain expenses are recognized when paid rather than when the obligation is incurred. Accordingly, the accompanying financial statements are not intended to present net assets and changes therein in conformity with accounting principles generally accepted in the united states of america.

Financial Statement Notes

PART X, LINE 2:

The fund is exempt from federal income taxes under section 501(c)(5) of the internal revenue code. Accordingly, no provision for income taxes is presented in the accompanying financial statements. The fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The fund's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.

Raw XML Appendix356 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.

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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND REVIEWED WITH THE BUSINESS AGENT AND OFFICE MANAGER BEFORE SUBMISSION. THE BUSINESS AGENT REVIEWS THE RETURN WITH THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BUSINESS AGENT'S COMPENSATION IS DETERMINED BY THE UNION CONTRACT, WHERE THE BUSINESS AGENT RECEIVES THE HOURLY RATE OF A GENERAL FOREMAN, AND THE BUSINESS MANAGER RECEIVES THE HOURLY RATE OF A FOREMAN. THE OFFICE MANAGER'S COMPENSATION IS SET BY THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND PREPARES ITS FINANCIAL STATEMENTS ON THE MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS THE CASH BASIS OF ACCOUNTING MODIFIED TO REFLECT THE FUND'S UNDEPOSITED PAYROLL LIABILITIES AND INVESTMENTS AT FAIR VALUE. CONSEQUENTLY, CERTAIN REVENUE AND RELATED ASSETS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED, AND CERTAIN EXPENSES ARE RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS ARE NOT INTENDED TO PRESENT NET ASSETS AND CHANGES THEREIN IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR UNION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TONAWANDA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
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IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt056210
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PLASTERERS & CEMENT MASONS LOCAL NO 111
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
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IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0269556
IRS990/TotalAssetsEOYAmt0372417
IRS990/TotalAssetsGrp/BOYAmt0269556
IRS990/TotalAssetsGrp/EOYAmt0372417
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110244
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01833
IRS990/TotalLiabilitiesEOYAmt01803
IRS990/TotalLiabilitiesGrp/BOYAmt01833
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0184272
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IRS990/TypeOfOrganizationTrustInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 WALES AVENUE
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IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014150
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN TOMASELLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUSINESS AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07166951494
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLASTERERS & CEMENT MASONS LOCAL NO 111
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0APPRENTICE TRAINING FUND
ReturnHeader/Filer/BusinessNameControlTxt0PLAS
ReturnHeader/Filer/EIN0161588138
ReturnHeader/Filer/PhoneNum07166951494
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 WALES AVENUE
ReturnHeader/Filer/USAddress/CityNm0TONAWANDA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014150
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474526160
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EFPR GROUP CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06390 MAIN STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014221
ReturnHeader/PreparerPersonGrp/PhoneNum07166340700
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A URBAN CPA
ReturnHeader/ReturnTs02025-02-26T16:13:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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