Liabilities / Assets
25th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 22-2514310 • 501(c)6 • Braintree, MA
Profile
The fund was established for purposes of improving relationships between the contractors and the unions.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
25th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
26th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Up$861,538
Up $91,293 (+12%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$861,538
Up $91,293 (+12%) from 2023
Revenue
Down$258,643
Down $8,680 (-3.2%) from 2023
Expenses
Up$167,350
Up $13,242 (+8.6%) from 2023
Net Income
Down$91,293
Down $21,922 (-19%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The fund was established for the purposes of improving relationships between the contractors and the unions.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $751,679 | $647,175 | ▼ $104,504 |
| Cash and Non-Interest-Bearing Accounts | $18,566 | $214,363 | ▲ $195,797 |
| Total Assets | $770,245 | $861,538 | ▲ $91,293 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $770,245 | $861,538 | ▲ $91,293 |
| Total Net Assets Fund Balance | $770,245 | $861,538 | ▲ $91,293 |
| Total Liabilities and Net Assets / Fund Balance | $770,245 | $861,538 | ▲ $91,293 |
| Name | Title |
|---|---|
| Usha Wood | President |
| Thomas Gunning | Secretary/tr |
| Line Item | Amount |
|---|---|
| Other Expenses | $167,350 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | $20,190 | - | - | $20,190 |
| Fees for Services Accounting | - | $8,000 | - | $8,000 |
| Fees for Services Legal | $4,625 | - | - | $4,625 |
| Other Expenses | $3,900 | - | - | $3,900 |
| Insurance | $2,467 | - | - | $2,467 |
| Office Expenses | - | $1,661 | - | $1,661 |
| All Other Expenses | $1,230 | $15 | - | $1,245 |
| Total Functional Expenses | $157,674 | $9,676 | $0 | $167,350 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“No review was or will be conducted.”
“No documents available to the public”
“The fund was established for the purposes of improving relationships between the contractors and the unions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE FUND WAS ESTABLISHED FOR THE PURPOSES OF IMPROVING RELATIONSHIPS BETWEEN THE CONTRACTORS AND THE UNIONS. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 15 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1230 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1245 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | THOMAS GUNNING |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7818493220 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 100 GROSSMAN DRIVE SUITE 300 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BRAINTREE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02184 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 18566 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 214363 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 20190 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 20190 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 222793 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 35850 |
| IRS990/CYOtherExpensesAmt | 0 | 167350 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 91293 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 167350 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 258643 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | TO PROMOTE BETTER RELATIONSHIPS WITH THE CONTRACTORS AND THE UNIONS |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 157674 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8000 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 4625 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 4625 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | THOMAS GUNNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | USHA WOOD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 258643 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2467 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2467 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 35850 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 35850 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 222793 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE FUND WAS ESTABLISHED FOR THE PURPOSES OF IMPROVING RELATIONSHIPS BETWEEN THE CONTRACTORS AND THE UNIONS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 770245 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 861538 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 770245 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 861538 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1661 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1661 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | ADMINSTATION EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | SAFETY/TRAINING |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES |
| IRS990/OtherExpensesGrp/Desc | 3 | DONATIONS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 90000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 18462 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 16800 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 3900 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 90000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 18462 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 16800 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3900 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | THOMAS GUNNING |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | THE FUND WAS ESTABLISHED FOR THE PURPOSES OF IMPROVING RELATIONSHIPS BETWEEN THE CONTRACTORS AND THE UNIONS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 238493 |
| IRS990/PYInvestmentIncomeAmt | 0 | 28830 |
| IRS990/PYOtherExpensesAmt | 0 | 154108 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 113215 |
| IRS990/PYTotalExpensesAmt | 0 | 154108 |
| IRS990/PYTotalRevenueAmt | 0 | 267323 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 91293 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 751679 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 647175 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FUND WAS ESTABLISHED FOR THE PURPOSES OF IMPROVING RELATIONSHIPS BETWEEN THE CONTRACTORS AND THE UNIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 770245 |
| IRS990/TotalAssetsEOYAmt | 0 | 861538 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 770245 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 861538 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 222793 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 9676 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 157674 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 167350 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 770245 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 861538 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 157674 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 35850 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 258643 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 770245 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 861538 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 100 GROSSMAN DRIVE SUITE 300 |
| IRS990/USAddress/CityNm | 0 | BTAINTREE |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/USAddress/ZIPCd | 0 | 02184 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 13 |
| IRS990/VotingMembersIndependentCnt | 0 | 13 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS GUNNING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7818493220 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | STEEL ERECTION & ORNAMENTAL IRON |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | INDUSTRY ADVANCEMENT FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | STEE |
| ReturnHeader/Filer/EIN | 0 | 222514310 |
| ReturnHeader/Filer/PhoneNum | 0 | 7818493220 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 100 GROSSMAN DRIVE SUITE 300 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRAINTREE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02184 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 042686846 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KING MCNAMARA MORIARTY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 473 WASHINGTON STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NORWOOD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 020622330 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7817696300 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAUL E JESSOE CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-13T15:48:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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