Civic Intelligence

New England Teamsters & Subscribing Employer Group Legal Services Fund

990 • Fiscal year 2015 • EIN 22-3032476

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

45 School StreetBoston, MA 02108

(617) 367-1100

Siviq Scores

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

Liabilities / Assets

89th percentile

0.48x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

0.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Net Margin

39th percentile

-0.3%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Asset Growth

45th percentile

-0.4%

Faster asset growth than 45% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

66th percentile

5.4%

Faster revenue growth than 66% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$372,405

Down $1,663 (-0.4%) from 2014

Net Assets

Down

$192,154

Down $2,512 (-1.3%) from 2014

Liabilities

Up

$180,251

Up $849 (+0.5%) from 2014

Revenue

Up

$842,020

Up $42,855 (+5.4%) from 2014

Expenses

Up

$844,532

Up $43,356 (+5.4%) from 2014

Net Income

Down

-$2,512

Down $501 (-25%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $263,506Liabilities 2010: $58,238Net Assets 2010: $205,2682010Assets 2011: $222,265Liabilities 2011: $46,310Net Assets 2011: $175,9552011Assets 2012: $243,889Liabilities 2012: $56,060Net Assets 2012: $187,8292012Assets 2013: $405,458Liabilities 2013: $208,781Net Assets 2013: $196,6772013Assets 2014: $374,068Liabilities 2014: $179,402Net Assets 2014: $194,6662014Assets 2015: $372,405Liabilities 2015: $180,251Net Assets 2015: $192,1542015Assets 2016: $370,774Liabilities 2016: $142,717Net Assets 2016: $228,0572016Assets 2017: $359,667Liabilities 2017: $59,351Net Assets 2017: $300,3162017Assets 2018: $395,819Liabilities 2018: $70,991Net Assets 2018: $324,8282018Assets 2019: $412,157Liabilities 2019: $79,732Net Assets 2019: $332,4252019Assets 2020: $435,236Liabilities 2020: $138,800Net Assets 2020: $296,4362020Assets 2021: $438,277Liabilities 2021: $25,788Net Assets 2021: $412,4892021Assets 2022: $494,602Liabilities 2022: $29,521Net Assets 2022: $465,0812022Assets 2023: $507,834Liabilities 2023: $23,013Net Assets 2023: $484,8212023Assets 2024: $527,891Liabilities 2024: $19,839Net Assets 2024: $508,0522024

Highlighted filing

2015

Assets$372,405
Liabilities$180,251
Net Assets$192,154

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $697,3432010Expenses 2011: $603,2282011Expenses 2012: $579,0812012Revenue 2013: $754,606Expenses 2013: $745,758Net Income 2013: $8,8482013Revenue 2014: $799,165Expenses 2014: $801,176Net Income 2014: -$2,0112014Revenue 2015: $842,020Expenses 2015: $844,532Net Income 2015: -$2,5122015Revenue 2016: $902,454Expenses 2016: $866,551Net Income 2016: $35,9032016Revenue 2017: $985,393Expenses 2017: $913,134Net Income 2017: $72,2592017Revenue 2018: $1,150,494Expenses 2018: $1,125,982Net Income 2018: $24,5122018Revenue 2019: $1,095,948Expenses 2019: $1,088,351Net Income 2019: $7,5972019Revenue 2020: $946,225Expenses 2020: $982,214Net Income 2020: -$35,9892020Revenue 2021: $945,009Expenses 2021: $961,075Net Income 2021: -$16,0662021Revenue 2022: $1,183,960Expenses 2022: $1,131,368Net Income 2022: $52,5922022Revenue 2023: $1,290,641Expenses 2023: $1,270,901Net Income 2023: $19,7402023Revenue 2024: $1,434,261Expenses 2024: $1,411,030Net Income 2024: $23,2312024

Highlighted filing

2015

Revenue$842,020
Expenses$844,532
Net Income-$2,512
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$842,020
Mission and Program Overview

Mission

Prepaid legal service plan that provides legal services to eligible participants during the plan year.

Provide prepaid legal services to eligible participants during the plan year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$296,344$298,689▲ $2,345
Accounts Receivable$72,608$68,600▼ $4,008
Prepaid Expenses and Deferred Charges$5,116$5,116→ $0
Total Assets$374,068$372,405▼ $1,663
Liabilities
Accounts Payable and Accrued Expenses$179,402$180,251▲ $849
Total Liabilities$179,402$180,251▲ $849
Net Assets / Fund Balance
Unrestricted Net Assets$194,666$192,154▼ $2,512
Total Net Assets Fund Balance$194,666$192,154▼ $2,512
Total Liabilities and Net Assets / Fund Balance$374,068$372,405▼ $1,663
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MurphyCo-chairman
Michael F FalveyCo-chairman
John J GlancyTrustee
Steven SouthTrustee
Tom MariTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Regan AssociatesLegal45 SCHOOL STREET, Boston, MA 02108$778,189
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$840,745
Investment Income
$1,275
Other Revenue
$0
Change in Net Assets
$-2,512

Audited Revenue Reconciliation

Revenue per Audited Statements
$842,020
Total Revenue per Audited Statements
$842,020
Total Revenue per Form 990
$842,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$66,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$778,189
Fees for Services Other---$44,532
Other Expenses---$16,112
Fees for Services Accounting---$3,634
Office Expenses---$1,192
Insurance---$873
Total Functional Expenses$0$0$0$844,532

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$844,532
Total Expenses per Audited Statements$844,532
Total Expenses per Form 990$844,532
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 6

Members of the union make up the organization

Form 990, Page 6, Part VI, Line 7A

Members of the organization elect the trustees of the fund

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the trustees prior to filing

Form 990, Page 6, Part VI, Line 12C

The plan is an employee benefit plan that is subject to the conflict of interest requirements of erisa

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
New England Teamsters & Subscribing
EIN
22-3032476
Address
45 SCHOOL STREET, BOSTON, MA 02108

Signing Officer

Name
John Murphy
Title
Co-chairman
Phone
2027447730
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Murphy
Formed
1997
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Weidema Lavin Grott & Riendeau Pc
Address
TWO INTERNATIONAL DRIVE SUITE 225, PORTSMOUTH, NH 03801-6810
Preparer
Debra E Grott
Phone
6037661968
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

The process has not changed from prior year

Financial Statement Notes

Schedule D, Page 3, Part X

Part x, line 2: accounting prinicples generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the department of labor and internal revenue service. The plan administrator has analyzed the tax positions taken by the plan, and has concluded as of december 31, 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Raw XML Appendix267 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/IRPDocumentCnt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, LINE 2: ACCOUNTING PRINICPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE DEPARTMENT OF LABOR AND INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED AS OF DECEMBER 31, 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE TRUSTEES PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PLAN IS AN EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO THE CONFLICT OF INTEREST REQUIREMENTS OF ERISA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBRA E GROTT
ReturnHeader/ReturnTs02016-11-15T17:50:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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.$0.53$0.02$0.51$1.43$1.41$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.02$0.48$1.29$1.27$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.03$0.47$1.18$1.13$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.03$0.41$0.95$0.96$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.14$0.30$0.95$0.98$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.08$0.33$1.10$1.09$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.07$0.32$1.15$1.13$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.06$0.30$0.99$0.91$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.14$0.23$0.90$0.87$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.18$0.19$0.84$0.84$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.18$0.19$0.80$0.80$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.21$0.20$0.75$0.75$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.06$0.19$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.05$0.18$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.06$0.21$0.70