Civic Intelligence

Pmta Ila Vacation & Welfare Fund

EIN 23-2022561 • 501(c)9 • Philadelphia, PA

Profile

Union employer sponsored vacation benefit fund which pays a semi-annual benefit distribution to eligible participants. The Fund also provides life insurance and disability

3460 N Delaware AvePhiladelphia, PA 19134

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.69x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

0.71x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Net Margin

13th percentile

-16%

Higher net margin than 13% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-9.8%

Faster asset growth than 18% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-6.9%

Faster revenue growth than 18% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$9,555,976

Down $1,034,499 (-9.8%) from 2023

Liabilities

Up

$6,607,555

Up $463,356 (+7.5%) from 2023

Net Assets

Down

$2,948,421

Down $1,497,855 (-34%) from 2023

Revenue

Down

$9,301,512

Down $687,145 (-6.9%) from 2023

Expenses

Up

$10,799,367

Up $586,100 (+5.7%) from 2023

Net Income

Down

-$1,497,855

Down $1,273,245 (-567%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $5,459,597Liabilities 2011: $1,261,266Net Assets 2011: $4,198,3312011Assets 2012: $6,218,791Liabilities 2012: $1,235,414Net Assets 2012: $4,983,3772012Assets 2013: $6,656,751Liabilities 2013: $3,716,563Net Assets 2013: $2,940,1882013Assets 2014: $7,029,065Liabilities 2014: $3,740,565Net Assets 2014: $3,288,5002014Assets 2015: $7,051,897Liabilities 2015: $3,705,852Net Assets 2015: $3,346,0452015Assets 2016: $7,255,177Liabilities 2016: $3,710,425Net Assets 2016: $3,544,7522016Assets 2017: $7,166,692Liabilities 2017: $3,903,222Net Assets 2017: $3,263,4702017Assets 2019: $6,072,874Liabilities 2019: $4,194,334Net Assets 2019: $1,878,5402019Assets 2020: $8,296,047Liabilities 2020: $4,799,630Net Assets 2020: $3,496,4172020Assets 2021: $9,587,968Liabilities 2021: $5,096,476Net Assets 2021: $4,491,4922021Assets 2022: $10,783,501Liabilities 2022: $5,946,618Net Assets 2022: $4,836,8832022Assets 2023: $10,590,475Liabilities 2023: $6,144,199Net Assets 2023: $4,446,2762023Assets 2024: $9,555,976Liabilities 2024: $6,607,555Net Assets 2024: $2,948,4212024

Highlighted filing

2024

Assets$9,555,976
Liabilities$6,607,555
Net Assets$2,948,421

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,816,642Expenses 2011: $3,491,434Net Income 2011: $1,325,2082011Revenue 2012: $3,943,813Expenses 2012: $3,446,456Net Income 2012: $497,3572012Expenses 2013: $6,574,4862013Revenue 2014: $7,121,807Expenses 2014: $6,853,124Net Income 2014: $268,6832014Revenue 2015: $6,959,021Expenses 2015: $6,764,437Net Income 2015: $194,5842015Revenue 2016: $6,834,328Expenses 2016: $6,776,373Net Income 2016: $57,9552016Revenue 2017: $6,723,250Expenses 2017: $7,029,441Net Income 2017: -$306,1912017Revenue 2019: $6,967,241Expenses 2019: $7,508,783Net Income 2019: -$541,5422019Revenue 2020: $9,659,026Expenses 2020: $8,043,369Net Income 2020: $1,615,6572020Revenue 2021: $9,347,330Expenses 2021: $8,432,161Net Income 2021: $915,1692021Revenue 2022: $9,907,818Expenses 2022: $8,710,126Net Income 2022: $1,197,6922022Revenue 2023: $9,988,657Expenses 2023: $10,213,267Net Income 2023: -$224,6102023Revenue 2024: $9,301,512Expenses 2024: $10,799,367Net Income 2024: -$1,497,8552024

Highlighted filing

2024

Revenue$9,301,512
Expenses$10,799,367
Net Income-$1,497,855

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 11, 2025
Return Version
2023v6.0
Gross Receipts
$15,426,351
Mission and Program Overview

Mission

Union employer sponsored vacation benefit fund which pays a semi-annual benefit distribution to eligible participants. The Fund also provides life insurance and disability

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,937,474$5,352,965▼ $584,509
Accounts Receivable$3,990,325$4,075,276▲ $84,951
Rtn Earn Endowment Incm Other Fnds$4,446,276$2,948,421▼ $1,497,855
Savings and Temporary Cash Investments$623,671$111,402▼ $512,269
Prepaid Expenses and Deferred Charges$28,524$0▼ $28,524
Total Assets$10,590,475$9,555,976▼ $1,034,499
Other Assets Total$10,481$16,333▲ $5,852
Liabilities
Other Liabilities$6,133,199$6,602,555▲ $469,356
Accounts Payable and Accrued Expenses$11,000$5,000▼ $6,000
Total Liabilities$6,144,199$6,607,555▲ $463,356
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,446,276$2,948,421▼ $1,497,855
Total Liabilities and Net Assets / Fund Balance$10,590,475$9,555,976▼ $1,034,499

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$16,333--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew SentyzEmployer Trustee
Bayard HogansEmployer Trustee
Brian CasalEmployer Trustee
David WheneEmployer Trustee
Jim LyonsEmployer Trustee
Joseph CarsonUnion Trustee
Lee W Cole JrUnion Trustee
Martin MasculliUnion Trustee
Philip RenziUnion Trustee
Robert EellsUnion Trustee
William Ashe JrUnion Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
ILA Benefit Fund OfficeThird Party Administration3460 N Delaware Ave Ste 108, Philadelphia, PA 19134$381,548
Allied Trades Assistance ProgramDrug & Alcohol Program4170 Woodhaven Rd, Philadelphia, PA 19154$143,515
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,019,741
Investment Income
$281,771
Other Revenue
$0
Change in Net Assets
$-1,497,855

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,296,096
Revenue Not Reported on Financial Statements
$5,416
Total Revenue per Audited Statements
$9,296,096
Total Revenue per Form 990
$9,301,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$527,789
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$0--$10,271,578
Fees for Services Management$0$0$0$378,548
Information Technology$0$0$0$78,940
Fees for Services Legal$0$0$0$20,000
Conferences and Meetings$0$0$0$12,308
Fees for Services Accounting$0$0$0$12,000
Insurance$0$0$0$11,168
Fees for Service Investment Mgmnt Fees$0$0$0$5,416
Office Expenses$0$0$0$202
Total Functional Expenses$0$0$0$10,799,367

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,799,367
Expenses per Audited Statements$10,324,595
Total Expenses per Audited Statements$10,324,595
Expenses Not Reported on Financial Statements$474,772
Other Expense Adjustments$469,356
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
Benefit Obligations$6,602,555
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
PMTA ILA Vacation & Welfare Fund
EIN
23-2022561
Phone
2154253805
Address
3460 N Delaware Ave, Philadelphia, PA 19134

Signing Officer

Name
Phillip Renzi
Title
Trustee
Phone
2154253805
Signed
2025-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip Renzi
Formed
1980
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Fischer Dorwart Pc
Address
16 W VASSAR ROAD, AUDUBON, NJ 08106
Preparer
Stephen M Dorwart
Phone
8564040932
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The Fund provides benefits to its union members.

Pt VI, Line 11B

The Trustees review the Form 990 prior to signature.

Pt VI, Line 19

The documents are made available upon request at the Fund office.

Pt XII, Line 2C

The Board of Trustees provide oversight of the audit.

Financial Statement Notes

Pt XII, Line 4B

Change in benefit obligations

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IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt00
IRS990/OtherExpensesGrp/TotalAmt10
IRS990/OtherExpensesGrp/TotalAmt29207
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt06133199
IRS990/OtherLiabilitiesGrp/EOYAmt06602555
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028524
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Phillip Renzi
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Employer Contributions
IRS990/ProgramServiceRevenueGrp/Desc1CR-5 Assistance
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05620067
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13399674
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt09638504
IRS990/PYInvestmentIncomeAmt0244030
IRS990/PYOtherExpensesAmt0574763
IRS990/PYProgramServiceRevenueAmt09744627
IRS990/PYRevenuesLessExpensesAmt0-224610
IRS990/PYTotalExpensesAmt010213267
IRS990/PYTotalRevenueAmt09988657
IRS990/ReconcilationRevenueExpnssAmt0-1497855
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04446276
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02948421
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0623671
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0111402
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0474772
IRS990ScheduleD/ExpensesSubtotalAmt010324595
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt05416
IRS990ScheduleD/InvestmentExpensesNotIncldAmt05416
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt016333
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Accrued Interest
IRS990ScheduleD/OtherExpensesNotIncludedAmt0469356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06602555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Benefit Obligations
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt05416
IRS990ScheduleD/RevenueSubtotalAmt09296096
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Change in benefit obligations
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueOtherAssetsAmt016333
IRS990ScheduleD/TotalExpensesPerForm990Amt010799367
IRS990ScheduleD/TotalLiabilityAmt06602555
IRS990ScheduleD/TotalRevenuePerForm990Amt09301512
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09296096
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010324595
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Fund provides benefits to its union members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Trustees review the Form 990 prior to signature.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The documents are made available upon request at the Fund office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Trustees provide oversight of the audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 2c
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PMTA ILA Pension Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1PMTA ILA Annuity Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2PMTA ILA Containerization Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0236534704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1236534704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2237245050
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401(a)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1401(a)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)(9)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Pension Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Retirement Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Wage Replacement Plan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03460 N Delaware Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13460 N Delaware Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt23460 N Delaware Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2Philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019134
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd119134
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd219134
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010590475
IRS990/TotalAssetsEOYAmt09555976
IRS990/TotalAssetsGrp/BOYAmt010590475
IRS990/TotalAssetsGrp/EOYAmt09555976
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt010799367

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