Civic Intelligence

Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund

990 • Fiscal year 2017 • EIN 22-2586287

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 12, 2018

Organization ProfileN/A

View Organization Page

Refreshing map…

440 Barell AvenueCarlstadt, NJ 07072

(201) 507-0330

Siviq Scores

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

Liabilities / Assets

57th percentile

0.05x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.08x

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

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Net Margin

49th percentile

3.4%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$205,424

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Asset Growth

42nd percentile

4.6%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$17,428,897

Up $760,945 (+4.6%) from 2016

Net Assets

Up

$16,489,837

Up $888,660 (+5.7%) from 2016

Liabilities

Down

$939,060

Down $127,715 (-12%) from 2016

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin49th percentile

Revenue

Up

$12,359,000

Up $1,371,124 (+12%) from 2016

Expenses

Down

$11,944,444

Down $486,922 (-3.9%) from 2016

Net Income

Up

$414,556

Up $1,858,046 (+129%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$30M$20M$10M$0Assets 2010: $23,270,888Liabilities 2010: $1,070,117Net Assets 2010: $22,200,7712010Assets 2011: $21,240,973Liabilities 2011: $736,265Net Assets 2011: $20,504,7082011Assets 2012: $20,526,734Liabilities 2012: $768,133Net Assets 2012: $19,758,6012012Assets 2013: $20,047,109Liabilities 2013: $805,995Net Assets 2013: $19,241,1142013Assets 2014: $19,514,153Liabilities 2014: $982,096Net Assets 2014: $18,532,0572014Assets 2015: $17,940,172Liabilities 2015: $922,368Net Assets 2015: $17,017,8042015Assets 2016: $16,667,952Liabilities 2016: $1,066,775Net Assets 2016: $15,601,1772016Assets 2017: $17,428,897Liabilities 2017: $939,060Net Assets 2017: $16,489,8372017Assets 2018: $16,494,554Liabilities 2018: $1,016,228Net Assets 2018: $15,478,3262018Assets 2019: $19,565,225Liabilities 2019: $1,108,306Net Assets 2019: $18,456,9192019Assets 2020: $22,768,131Liabilities 2020: $1,293,250Net Assets 2020: $21,474,8812020Assets 2021: $26,617,472Liabilities 2021: $1,323,848Net Assets 2021: $25,293,6242021Assets 2022: $25,094,876Liabilities 2022: $2,126,909Net Assets 2022: $22,967,9672022Assets 2023: $26,831,737Liabilities 2023: $916,906Net Assets 2023: $25,914,8312023Assets 2024: $29,036,759Liabilities 2024: $1,174,506Net Assets 2024: $27,862,2532024

Highlighted filing

2017

Assets$17,428,897
Liabilities$939,060
Net Assets$16,489,837
Open 2017 Filing

Operations Trend

Revenue Growth70th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $11,252,2292010Expenses 2011: $9,580,0892011Expenses 2012: $9,555,4842012Revenue 2013: $8,755,399Expenses 2013: $9,858,913Net Income 2013: -$1,103,5142013Revenue 2014: $9,627,139Expenses 2014: $10,614,831Net Income 2014: -$987,6922014Revenue 2015: $10,283,487Expenses 2015: $11,469,444Net Income 2015: -$1,185,9572015Revenue 2016: $10,987,876Expenses 2016: $12,431,366Net Income 2016: -$1,443,4902016Revenue 2017: $12,359,000Expenses 2017: $11,944,444Net Income 2017: $414,5562017Revenue 2018: $12,248,834Expenses 2018: $12,929,404Net Income 2018: -$680,5702018Revenue 2019: $13,313,147Expenses 2019: $11,891,234Net Income 2019: $1,421,9132019Revenue 2020: $12,607,598Expenses 2020: $10,845,789Net Income 2020: $1,761,8092020Revenue 2021: $13,800,280Expenses 2021: $11,794,850Net Income 2021: $2,005,4302021Revenue 2022: $12,372,350Expenses 2022: $12,740,134Net Income 2022: -$367,7842022Revenue 2023: $13,984,399Expenses 2023: $12,486,633Net Income 2023: $1,497,7662023Revenue 2024: $12,760,226Expenses 2024: $12,577,308Net Income 2024: $182,9182024

Highlighted filing

2017

Revenue$12,359,000
Expenses$11,944,444
Net Income$414,556
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 12, 2018
Return Version
2017v2.2
Gross Receipts
$16,431,339
Mission and Program Overview

Mission

The fund provides hospital, surgical, major medical, dental, prescription drug, vision, life insurance and other benefits to its members and their eligible dependents.

See page 2 for organization's mission statement

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$15,601,177$16,489,837▲ $888,660
Investments in Publicly Traded Securities$6,715,519$7,956,284▲ $1,240,765
Investments Other Securities$5,541,916$5,165,064▼ $376,852
Savings and Temporary Cash Investments$1,610,610$1,180,367▼ $430,243
Accounts Receivable$802,241$1,137,466▲ $335,225
Cash and Non-Interest-Bearing Accounts$411,866$941,809▲ $529,943
Land, Buildings, and Equipment, Net$58,123$49,469▼ $8,654
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$16,667,952$17,428,897▲ $760,945
Other Assets Total$1,527,677$998,438▼ $529,239
Liabilities
Other Liabilities$983,103$878,400▼ $104,703
Accounts Payable and Accrued Expenses$67,492$60,660▼ $6,832
Deferred Revenue$16,180--
Total Liabilities$1,066,775$939,060▼ $127,715
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,601,177$16,489,837▲ $888,660
Total Liabilities and Net Assets / Fund Balance$16,667,952$17,428,897▲ $760,945

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,167$160,744$164,911
Leasehold Improvements$44,590$53,103$97,693
Other Land Buildings$712$42,368$43,080
Other Assets Org$666,862--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARLEEN O'NEILLAdministrator/ ControllerFT$135,832$69,592$205,424
Virginia OlsenAssoc Administra.FT$84,035$67,697$151,732
Stefanina GentileOffice ClerkFT$76,813$59,659$136,472

Board Members and Trustees

NameTitle
Craig HoffmannTrustee
Frank CreeganTrustee
James HarperTrustee
Joseph Demark JrTrustee
Lori EshenaurTrustee
Mark MihalTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Aetna Life Insurance CoTpa Medical Benefits151 FARMINGTON AVENUE, Hartford, CT 06156$387,601
Gerber Life Insurance CompanyStop Loss Insur200 CUMMINGS CENTER, Beverly, MA 01915$262,862
Symetra Life Insurance CompanyLife & Ad&d Insur777 108TH AVENUE STE 1200, Bellevue, WA 98004$210,318
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,723,786
Investment Income
$621,952
Other Revenue
$13,262
Change in Net Assets
$414,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,279,503
Revenue Not Reported on Financial Statements
$79,497
Revenue Not Reported on Form 990
$474,104
Total Revenue per Audited Statements
$12,753,607
Total Revenue per Form 990
$12,359,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$575,841
Salaries, Compensation, and Employee Benefits$510,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$10,858,481
Other Salaries and Wages---$160,847
Other Employee Benefits---$136,348
Current Officers, Directors, Trustees, and Key Employees---$135,832
Fees for Service Investment Mgmnt Fees---$79,497
Pension Plan Contributions---$60,600
Fees for Services Accounting---$45,700
Office Expenses---$19,586
Conferences and Meetings---$18,580
Other Expenses---$18,227
Fees for Services Legal---$18,163
Payroll Taxes---$16,495
Occupancy---$15,440
Depreciation Depletion---$8,654
Insurance---$6,610
All Other Expenses---$-193,724
Total Functional Expenses$0$0$0$11,944,444

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,969,650
Total Expenses per Audited Statements$11,969,650
Total Expenses per Form 990$11,944,444
Expenses Not Reported on Financial Statements$-25,206
Other Expense Adjustments$-104,703
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Virginia OlsenNieceSalary as Office CleNo$84,035
Virginia OlsenNieceFringe Benefits as ONo$67,697

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Claims Incurred But Not Reported$759,299
Claims Payable$119,101
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

“The form 990 was provided to the plan administrator, who then reviews the form 990 with the board of trustees of the fund before it is filed with the irs.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The board of trustees annually reviews compensation of all fund employees and determines what level of compensation is appropriate for them given current contractual and market conditions.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The fund makes its governing documents and financial statements available to the public upon request. Once a request is made, the management of the fund arranges a mutually convenient meeting to review all requested information to the requested parties satisfaction.”

Filing and Contact Details

Filer

Filer Name
Sheet Metal Workers Local Union No 25
EIN
22-2586287
Phone
2015070330
Address
440 BARELL AVENUE, CARLSTADT, NJ 07072

Signing Officer

Name
Joseph Demark Jr
Title
Trustee
Signed
2018-10-12
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
0
Employees
22

Preparer

Firm
Manfre CPA Pc
Address
84 Business Park Dr Ste 206, Armonk, NY 10504
Preparer
Joseph E Manfre CPA
Phone
9147300700
Raw XML AppendixShowing 400 of 1,164 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt067492
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt060660
IRS990/AccountsReceivableGrp/BOYAmt0802241
IRS990/AccountsReceivableGrp/EOYAmt01137466
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE PAGE 2 FOR ORGANIZATION'S MISSION STATEMENT
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt0-193724
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt010858481
IRS990/BooksInCareOfDetail/PersonNm0BOARD OF TRUSTEES
IRS990/BooksInCareOfDetail/PhoneNum02015070330
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0440 BARELL AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CARLSTADT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007072
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0411866
IRS990/CashNonInterestBearingGrp/EOYAmt0941809
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0135832
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt018580
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0262862
IRS990/ContractorCompensationGrp/CompensationAmt1387601
IRS990/ContractorCompensationGrp/CompensationAmt2210318
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0200 CUMMINGS CENTER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1151 FARMINGTON AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2777 108TH AVENUE STE 1200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BEVERLY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1HARTFORD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2BELLEVUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001915
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd106156
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd298004
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0GERBER LIFE INSURANCE COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1AETNA LIFE INSURANCE CO
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SYMETRA LIFE INSURANCE COMPANY
IRS990/ContractorCompensationGrp/ServicesDesc0STOP LOSS INSUR
IRS990/ContractorCompensationGrp/ServicesDesc1TPA MEDICAL BENEFITS
IRS990/ContractorCompensationGrp/ServicesDesc2LIFE & AD&D INSUR
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt010858481
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0621952
IRS990/CYOtherExpensesAmt0575841
IRS990/CYOtherRevenueAmt013262
IRS990/CYProgramServiceRevenueAmt011723786
IRS990/CYRevenuesLessExpensesAmt0414556
IRS990/CYSalariesCompEmpBnftPaidAmt0510122
IRS990/CYTotalExpensesAmt011944444
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012359000
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt016180
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt08654
IRS990/Desc0THE FUND PROVIDES HOSPITAL, SURGICAL, MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, VISION, LIFE INSURANCE AND OTHER BENEFITS TO ITS MEMBERS AND THEIR ELIGIBLE DEPENDENTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt045700
IRS990/FeesForServicesLegalGrp/TotalAmt018163
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt079497
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt669592
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt767697
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt859659
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSEPH DEMARK JR
IRS990/Form990PartVIISectionAGrp/PersonNm1CRAIG HOFFMANN
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK CREEGAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK MIHAL
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm5LORI ESHENAUR
IRS990/Form990PartVIISectionAGrp/PersonNm6KARLEEN O'NEILL
IRS990/Form990PartVIISectionAGrp/PersonNm7VIRGINIA OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm8STEFANINA GENTILE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6135832
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt784035
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt876813
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6ADMINISTRATOR/ CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSOC ADMINISTRA.
IRS990/Form990PartVIISectionAGrp/TitleTxt8OFFICE CLERK
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0207542
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04279881
IRS990/GrossReceiptsAmt016431339
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt06610
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0414410
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0414410
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05541916
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05165064
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06715519
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07956284
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0256215
IRS990/LandBldgEquipBasisNetGrp/BOYAmt058123
IRS990/LandBldgEquipBasisNetGrp/EOYAmt049469
IRS990/LandBldgEquipCostOrOtherBssAmt0305684
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04072339
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FUND PROVIDES HOSPITAL, SURGICAL, MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, VISION, LIFE INSURANCE AND OTHER BENEFITS TO ITS MEMBERS AND THEIR ELIGIBLE DEPENDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt015601177
IRS990/NetAssetsOrFundBalancesEOYAmt016489837
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0207542
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0207542
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0474104
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt015440
IRS990/OfficeExpensesGrp/TotalAmt019586
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01527677
IRS990/OtherAssetsTotalGrp/EOYAmt0998438
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0136348
IRS990/OtherExpensesGrp/Desc0THIRD PARTY ADMINISTRATOR
IRS990/OtherExpensesGrp/Desc1ACTUARY FEES
IRS990/OtherExpensesGrp/Desc2COMPUTER PROCESSING SER
IRS990/OtherExpensesGrp/Desc3LABOR PROMOTIONS PROGRAM
IRS990/OtherExpensesGrp/TotalAmt0433615
IRS990/OtherExpensesGrp/TotalAmt183555
IRS990/OtherExpensesGrp/TotalAmt221938
IRS990/OtherExpensesGrp/TotalAmt318227
IRS990/OtherLiabilitiesGrp/BOYAmt0983103
IRS990/OtherLiabilitiesGrp/EOYAmt0878400
IRS990/OtherRevenueMiscGrp/Desc0EMPLOYER REIMB LEGAL INT
IRS990/OtherRevenueMiscGrp/ExclusionAmt013262
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013262
IRS990/OtherRevenueTotalAmt013262
IRS990/OtherSalariesAndWagesGrp/TotalAmt0160847
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt016495
IRS990/PensionPlanContributionsGrp/TotalAmt060600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COBRA
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2RETIREES
IRS990/ProgramServiceRevenueGrp/Desc3SASMI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037245
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111032307
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2550126
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3104108
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037245
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111032307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2550126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3104108
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt011394367
IRS990/PYInvestmentIncomeAmt0819681
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0543801
IRS990/PYOtherRevenueAmt031341
IRS990/PYProgramServiceRevenueAmt010136854
IRS990/PYRevenuesLessExpensesAmt0-1443490
IRS990/PYSalariesCompEmpBnftPaidAmt0493198
IRS990/PYTotalExpensesAmt012431366
IRS990/PYTotalRevenueAmt010987876
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0414556
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015601177
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016489837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01610610
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01180367
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt04167
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160744
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164911
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-25206
IRS990ScheduleD/ExpensesSubtotalAmt011969650
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt079497
IRS990ScheduleD/InvestmentExpensesNotIncldAmt079497
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt044590
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt053103
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt097693
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0474104
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011756
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt235600
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3106368
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt419392
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt510546
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6128252
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt75443
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt8666862
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUND SERVICE FACILITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LOCAL UNION NO. 25 JOINT LABOR MANAGEMEN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2LOCAL UNION NO. 25 JOINT LABOR MANAGEMEN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3LOCAL UNION NO. 25 NEW JERSEY ANNUITY FU
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4LOCAL UNION NO. 25 NEW JERSEY EDUCATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5LOCAL UNION NO. 25 NEW JERSEY VACATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6MORTGAGE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7PAL/CLUB 25
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8THIRD PARTY BENEFIT & SERVICE PROVIDERS
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-104703
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0712
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042368
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0759299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1119101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLAIMS INCURRED BUT NOT REPORTED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CLAIMS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0474104
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt079497
IRS990ScheduleD/RevenueSubtotalAmt012279503
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049469
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0998438
IRS990ScheduleD/TotalBookValueSecuritiesAmt05165064
IRS990ScheduleD/TotalExpensesPerForm990Amt011944444
IRS990ScheduleD/TotalLiabilityAmt0878400
IRS990ScheduleD/TotalRevenuePerForm990Amt012359000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012753607
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011969650
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0135832
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt184035
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt069592
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt167697
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KARLEEN O'NEILL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1VIRGINIA OLSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0ADMINISTRATOR/ CONTROLLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSOC ADMINISTRA.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0205424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1151732
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0VIRGINIA OLSEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1VIRGINIA OLSEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0NIECE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1NIECE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt084035
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt167697
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SALARY AS OFFICE CLE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1FRINGE BENEFITS AS O
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS PROVIDED TO THE PLAN ADMINISTRATOR, WHO THEN REVIEWS THE FORM 990 WITH THE BOARD OF TRUSTEES OF THE FUND BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES ANNUALLY REVIEWS COMPENSATION OF ALL FUND EMPLOYEES AND DETERMINES WHAT LEVEL OF COMPENSATION IS APPROPRIATE FOR THEM GIVEN CURRENT CONTRACTUAL AND MARKET CONDITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ONCE A REQUEST IS MADE, THE MANAGEMENT OF THE FUND ARRANGES A MUTUALLY CONVENIENT MEETING TO REVIEW ALL REQUESTED INFORMATION TO THE REQUESTED PARTIES SATISFACTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,428,897
Liabilities
$939,060
Net assets
$16,489,837
Revenue
$12,359,000
Expenses
$11,944,444
Net income
$414,556
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.0$1.17$27.9$12.8$12.6$0.18
2023Detailed filing. Detailed filing data is available for this year.$26.8$0.92$25.9$14.0$12.5$1.50
2022Detailed filing. Detailed filing data is available for this year.$25.1$2.13$23.0$12.4$12.7$0.37
2021Detailed filing. Detailed filing data is available for this year.$26.6$1.32$25.3$13.8$11.8$2.01
2020Detailed filing. Detailed filing data is available for this year.$22.8$1.29$21.5$12.6$10.8$1.76
2019Detailed filing. Detailed filing data is available for this year.$19.6$1.11$18.5$13.3$11.9$1.42
2018Detailed filing. Detailed filing data is available for this year.$16.5$1.02$15.5$12.2$12.9$0.68
2017Detailed filing. Detailed filing data is available for this year.$17.4$0.94$16.5$12.4$11.9$0.41
2016Detailed filing. Detailed filing data is available for this year.$16.7$1.07$15.6$11.0$12.4$1.44
2015Detailed filing. Detailed filing data is available for this year.$17.9$0.92$17.0$10.3$11.5$1.19
2014Detailed filing. Detailed filing data is available for this year.$19.5$0.98$18.5$9.63$10.6$0.99
2013Detailed filing. Detailed filing data is available for this year.$20.0$0.81$19.2$8.76$9.86$1.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$0.77$19.8$9.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$0.74$20.5$9.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$1.07$22.2$11.3
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)9 • $10M-$25M nonprofits