Civic Intelligence

Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund

990 • Fiscal year 2022 • EIN 22-2586287

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 13, 2023

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

60th percentile

0.08x

Higher debt load relative to assets than 60% of similar nonprofits.

2022 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.17x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2022

Net Margin

28th percentile

-3.0%

Higher net margin than 28% of similar nonprofits.

2022 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$238,379

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2022 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2022

Asset Growth

50th percentile

-5.7%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

24th percentile

-10%

Faster revenue growth than 24% of similar nonprofits.

2022 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$25,094,876

Down $1,522,596 (-5.7%) from 2021

Net Assets

Down

$22,967,967

Down $2,325,657 (-9.2%) from 2021

Liabilities

Up

$2,126,909

Up $803,061 (+61%) from 2021

Revenue

Down

$12,372,350

Down $1,427,930 (-10%) from 2021

Expenses

Up

$12,740,134

Up $945,284 (+8.0%) from 2021

Net Income

Down

-$367,784

Down $2,373,214 (-118%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$25,094,876
Liabilities$2,126,909
Net Assets$22,967,967

Operations Trend

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

2022

Revenue$12,372,350
Expenses$12,740,134
Net Income-$367,784
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 13, 2023
Return Version
2022v5.0
Gross Receipts
$12,372,350
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$25,293,624$22,967,967▼ $2,325,657
Investments Other Securities$16,387,848$15,294,584▼ $1,093,264
Investments in Publicly Traded Securities$5,109,230$4,624,751▼ $484,479
Cash and Non-Interest-Bearing Accounts$2,043,737$1,780,619▼ $263,118
Accounts Receivable$862,056$762,726▼ $99,330
Savings and Temporary Cash Investments$399,754$464,093▲ $64,339
Land, Buildings, and Equipment, Net$18,538$12,025▼ $6,513
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$26,617,472$25,094,876▼ $1,522,596
Other Assets Total$1,796,309$2,156,078▲ $359,769
Liabilities
Other Liabilities$1,148,400$2,002,100▲ $853,700
Accounts Payable and Accrued Expenses$175,448$124,809▼ $50,639
Total Liabilities$1,323,848$2,126,909▲ $803,061
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,293,624$22,967,967▼ $2,325,657
Total Liabilities and Net Assets / Fund Balance$26,617,472$25,094,876▼ $1,522,596

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$164,911$164,911
Leasehold Improvements$12,025$85,668$97,693
Other Land Buildings-$43,080$43,080
Other Assets Org$1,771,111--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARLEEN O'NEILLAdministrator/ ControllerFT$157,421$80,958$238,379
Virginia OlsenAssoc Administra.FT$128,195$83,230$211,425
Joan a BarrettOffice ClerkFT$19,152$32,823$51,975

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Amalgamated Life InsuranceStop Loss Insur333 WESTCHESTER AVENUE, White Plains, NY 10604$430,819
Aetna Life Insurance CoTpa Medical Benefits151 FARMINGTON AVENUE, Hartford, CT 06156$352,165
Unicare Life & Health Insur CoLife & Ad&d InsurPO BOX 511300, Los Angeles, CA 90051$203,293
The Segal CompanyActuarial / Medical Cons333 WEST 34 TH STREET, New York, NY 10001-2402$115,650
Cigna HealthcareTpa Dental And Drugs499 WASHINGTON BLVD, Jersey City, NJ 07310$111,009
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,952,890
Investment Income
$402,437
Other Revenue
$17,023
Change in Net Assets
$-367,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,277,814
Revenue Not Reported on Financial Statements
$94,536
Revenue Not Reported on Form 990
$-1,957,873
Total Revenue per Audited Statements
$10,319,941
Total Revenue per Form 990
$12,372,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$649,181
Salaries, Compensation, and Employee Benefits$517,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$11,573,409
Current Officers, Directors, Trustees, and Key Employees---$157,421
Other Salaries and Wages---$147,347
Other Employee Benefits---$142,203
Fees for Service Investment Mgmnt Fees---$94,536
Fees for Services Accounting---$55,020
Pension Plan Contributions---$54,808
Fees for Services Legal---$28,709
Occupancy---$17,938
Payroll Taxes---$15,765
Conferences and Meetings---$12,969
Insurance---$12,239
Other Expenses---$7,940
Office Expenses---$7,696
Depreciation Depletion---$6,513
All Other Expenses---$-215,853
Total Functional Expenses$0$0$0$12,740,134

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,740,134
Expenses per Audited Statements$11,791,898
Total Expenses per Audited Statements$11,791,898
Expenses Not Reported on Financial Statements$948,236
Other Expense Adjustments$853,700
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 Assoc AdminNo$128,195
Virginia OlsenNieceBenefits Assoc AdminNo$83,230

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 Payable$1,114,430
Claims Incurred But Not Reported$887,670
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
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

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, Section B, Line 15B

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, Section C, Line 19

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
2023-10-13
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
0
Employees
13

Preparer

Firm
Manfre CPA Pc
Address
84 Business Park Dr Ste 204, Armonk, NY 10504
Preparer
Joseph E Manfre CPA
Phone
9147300700
Supplemental Narrative

Financial Statement Notes

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Change in ibnr $422474 changes in claims payable $431226

Raw XML AppendixShowing 400 of 1,027 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/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012372350
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt0402437
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt0402437
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt012239
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt016387848
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt015294584
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05109230
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04624751
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0293659
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018538
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012025
IRS990/LandBldgEquipCostOrOtherBssAmt0305684
IRS990/LegalDomicileStateCd0NJ
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/NetAssetsOrFundBalancesBOYAmt025293624
IRS990/NetAssetsOrFundBalancesEOYAmt022967967
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1957873
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt017938
IRS990/OfficeExpensesGrp/TotalAmt07696
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01796309
IRS990/OtherAssetsTotalGrp/EOYAmt02156078
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0142203
IRS990/OtherExpensesGrp/Desc0THIRD PARTY ADMINISTRATOR
IRS990/OtherExpensesGrp/Desc1ACTUARY FEES
IRS990/OtherExpensesGrp/Desc2COMPUTER PROCESSING SER
IRS990/OtherExpensesGrp/Desc3OTHER PROFESSIONAL FEES
IRS990/OtherExpensesGrp/TotalAmt0463128
IRS990/OtherExpensesGrp/TotalAmt1115650
IRS990/OtherExpensesGrp/TotalAmt242696
IRS990/OtherExpensesGrp/TotalAmt37940
IRS990/OtherLiabilitiesGrp/BOYAmt01148400
IRS990/OtherLiabilitiesGrp/EOYAmt02002100
IRS990/OtherRevenueMiscGrp/Desc0EMPLOYER REIMB LEGAL INT
IRS990/OtherRevenueMiscGrp/ExclusionAmt017023
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017023
IRS990/OtherRevenueTotalAmt017023
IRS990/OtherSalariesAndWagesGrp/TotalAmt0147347
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt015765
IRS990/PensionPlanContributionsGrp/TotalAmt054808
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/RelatedOrExemptFuncIncomeAmt0110162
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110867119
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2651845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3323764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110162
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110867119
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2651845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3323764
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt010514802
IRS990/PYInvestmentIncomeAmt0452919
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0726221
IRS990/PYOtherRevenueAmt046933
IRS990/PYProgramServiceRevenueAmt013300428
IRS990/PYRevenuesLessExpensesAmt02005430
IRS990/PYSalariesCompEmpBnftPaidAmt0553827
IRS990/PYTotalExpensesAmt011794850
IRS990/PYTotalRevenueAmt013800280
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-367784
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt025293624
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022967967
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0399754
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0464093
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0164911
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164911
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0948236
IRS990ScheduleD/ExpensesSubtotalAmt011791898
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt094536
IRS990ScheduleD/InvestmentExpensesNotIncldAmt094536
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012025
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt085668
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt097693
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1957873
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05302
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1115438
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt29207
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3134203
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt492754
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt515738
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt610027
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt72298
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt81771111
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUND SERVICE FACILITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LOCAL UNION NO. 25
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/Desc6PAL/CLUB 25
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7SMACNA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8THIRD PARTY BENEFIT & SERVICE PROVIDERS
IRS990ScheduleD/OtherExpensesNotIncludedAmt0853700
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt043080
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043080
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0887670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11114430
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLAIMS INCURRED BUT NOT REPORTED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CLAIMS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0-1957873
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt094536
IRS990ScheduleD/RevenueSubtotalAmt012277814
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGE IN IBNR $422474 CHANGES IN CLAIMS PAYABLE $431226
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012025
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02156078
IRS990ScheduleD/TotalBookValueSecuritiesAmt015294584
IRS990ScheduleD/TotalExpensesPerForm990Amt012740134
IRS990ScheduleD/TotalLiabilityAmt02002100
IRS990ScheduleD/TotalRevenuePerForm990Amt012372350
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010319941
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011791898
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0157421
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1128195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt080958
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt183230
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KARLEEN O'NEILL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1VIRGINIA OLSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0ADMINISTRATOR/ CONTROLLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSOC ADMINISTRA.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0238379
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1211425
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/TransactionAmt0128195
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt183230
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SALARY ASSOC ADMIN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BENEFITS ASSOC ADMIN
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$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