Civic Intelligence

Ibew Local #81 - Education Fund

990 • Fiscal year 2017 • EIN 23-6420615

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 09, 2018

431 Wyoming AvenueScranton, PA 18503

(570) 344-5711

Siviq Scores

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

Liabilities / Assets

81st percentile

0.05x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.03x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Net Margin

86th percentile

25%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$107,104

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 24.9% of source-year revenue.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Asset Growth

95th percentile

62%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

50%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$287,906

Up $110,582 (+62%) from 2016

Net Assets

Up

$274,510

Up $107,359 (+64%) from 2016

Liabilities

Up

$13,396

Up $3,223 (+32%) from 2016

Revenue

Up

$430,579

Up $144,248 (+50%) from 2016

Expenses

Up

$323,220

Up $1,059 (+0.3%) from 2016

Net Income

Up

$107,359

Up $143,189 (+400%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $273,933Liabilities 2011: $11,256Net Assets 2011: $262,6772011Assets 2012: $246,139Liabilities 2012: $9,690Net Assets 2012: $236,4492012Assets 2013: $222,286Liabilities 2013: $10,568Net Assets 2013: $211,7182013Assets 2014: $223,554Liabilities 2014: $12,226Net Assets 2014: $211,3282014Assets 2016: $177,324Liabilities 2016: $10,173Net Assets 2016: $167,1512016Assets 2017: $287,906Liabilities 2017: $13,396Net Assets 2017: $274,5102017Assets 2018: $533,252Liabilities 2018: $12,549Net Assets 2018: $520,7032018Assets 2019: $726,738Liabilities 2019: $25,705Net Assets 2019: $701,0332019Assets 2020: $821,135Liabilities 2020: $14,208Net Assets 2020: $806,9272020Assets 2021: $1,055,882Liabilities 2021: $14,963Net Assets 2021: $1,040,9192021Assets 2022: $1,237,881Liabilities 2022: $26,462Net Assets 2022: $1,211,4192022Assets 2024: $1,776,299Liabilities 2024: $18,839Net Assets 2024: $1,757,4602024

Highlighted filing

2017

Assets$287,906
Liabilities$13,396
Net Assets$274,510

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $287,5382011Expenses 2012: $332,3912012Revenue 2013: $261,823Expenses 2013: $286,554Net Income 2013: -$24,7312013Revenue 2014: $269,798Expenses 2014: $270,188Net Income 2014: -$3902014Revenue 2016: $286,331Expenses 2016: $322,161Net Income 2016: -$35,8302016Revenue 2017: $430,579Expenses 2017: $323,220Net Income 2017: $107,3592017Revenue 2018: $611,621Expenses 2018: $365,428Net Income 2018: $246,1932018Revenue 2019: $562,710Expenses 2019: $382,380Net Income 2019: $180,3302019Revenue 2020: $428,056Expenses 2020: $322,162Net Income 2020: $105,8942020Revenue 2021: $582,492Expenses 2021: $348,500Net Income 2021: $233,9922021Revenue 2022: $546,959Expenses 2022: $376,459Net Income 2022: $170,5002022Revenue 2024: $696,099Expenses 2024: $395,250Net Income 2024: $300,8492024

Highlighted filing

2017

Revenue$430,579
Expenses$323,220
Net Income$107,359
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 9, 2018
Return Version
2017v2.3
Gross Receipts
$430,579
Mission and Program Overview

Mission

Education of apprentice and journeyman electricians through classroom instruction and hands on experience in simulation.

Education of apprentice and journeyman electricians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$139,567$216,249▲ $76,682
Accounts Receivable$29,156$66,070▲ $36,914
Prepaid Expenses and Deferred Charges$4,701$4,029▼ $672
Land, Buildings, and Equipment, Net$3,900$1,558▼ $2,342
Total Assets$177,324$287,906▲ $110,582
Liabilities
Accounts Payable and Accrued Expenses$10,173$13,396▲ $3,223
Total Liabilities$10,173$13,396▲ $3,223
Net Assets / Fund Balance
Unrestricted Net Assets$167,151$274,510▲ $107,359
Total Net Assets Fund Balance$167,151$274,510▲ $107,359
Total Liabilities and Net Assets / Fund Balance$177,324$287,906▲ $110,582

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,558$83,014$84,572
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul CasparroChairman--$107,104$107,104
Michael McdermottTrustee-$4,391$81,920$86,311
Michael BrustTraining DirectorFT$84,835-$84,835
Patrick HartmanTrusteePT$1,372-$1,372

Board Members and Trustees

NameTitle
Eric LewisTrustee
Gerard NicholsTrustee
Fredric LeberSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$428,369
Program Service Revenue
$0
Investment Income
$344
Other Revenue
$1,866
Change in Net Assets
$107,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$430,579
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$430,579
Total Revenue per Form 990
$430,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$223,108
Other Expenses$100,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$90,598
Other Salaries and Wages---$64,593
Other Employee Benefits---$46,114
Conferences and Meetings---$25,896
Payroll Taxes---$14,259
Pension Plan Contributions---$7,544
Insurance---$6,800
Office Expenses---$6,168
Fees for Services Accounting---$2,500
Depreciation Depletion---$2,342
Other Expenses---$2,228
Advertising---$2,158
Total Functional Expenses$0$0$0$323,220

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$323,220
Total Expenses per Audited Statements$323,220
Total Expenses per Form 990$323,220
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The ibew local #81 education fund's members are made up of electrical trade workers within its local area.

Form 990, Part VI, Section A, Line 7A

All members of the local #81 union have the right to vote for all of the officers and members of the executive board. Three trustees are the officers of union, and the other three trustees are appointed by the chapter manager of the national electrical contractors association.

Form 990, Part VI, Section A, Line 7B

Any changes to the fund's by-laws must be read during a monthly meeting. The changes must then be approved by a majority vote of the members of the union present at the next monthly meeting. The changes must then be sent to the international office for approval.

Form 990, Part VI, Section B, Line 11B

The trustees and executive board of the ibew local #81 education fund review form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

All directors, principal officers, and members of a committee with board delegated powers shall annually sign a conflict of interest policy. To ensure ibew local union #81 operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted.

Form 990, Part VI, Section B, Line 15

The fund has salaries of all officers approved in the by-laws. The salaries must be voted on and approved by a majority vote of the members of the union and then approved by the national office, which has access to comparable salary data in order to be included in the by-laws.

Form 990, Part VI, Section C, Line 19

The fund's governing documents and financial statements are not distributed to the public. If requested they would be made available at the fund's office. There are no plans to make these documents available to the public online.

Filing and Contact Details

Filer

Filer Name
IBEW LOCAL #81 - EDUCATION FUND
EIN
23-6420615
Phone
5703445711
Address
431 WYOMING AVENUE, SCRANTON, PA 18503

Signing Officer

Name
Michael Mcdermott
Title
Chairman
Phone
5703445711
Signed
2018-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mcdermott
Formed
1970
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
3
Employees
12
Volunteers
0

Preparer

Firm
Mcgrail Merkel Quinn and Associates
Address
1173 CLAY AVENUE, SCRANTON, PA 18510
Preparer
Francis J Merkel CPA
Phone
5709610345
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

In accordance with the financial accounting standards board guidance on accounting for uncertainty in income taxes, management evaluated the fund's tax positions and concluded that the fund had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the fund is no longer subject to income tax examinations by the u.s., state or local tax authorities for years before 2014.

Raw XML Appendix393 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010173
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013396
IRS990/AccountsReceivableGrp/BOYAmt029156
IRS990/AccountsReceivableGrp/EOYAmt066070
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION OF APPRENTICE AND JOURNEYMAN ELECTRICIANS.
IRS990/AdvertisingGrp/TotalAmt02158
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL MCDERMOTT
IRS990/BooksInCareOfDetail/PhoneNum05703445711
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0431 WYOMING AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SCRANTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd018503
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt090598
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt025896
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0428369
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0344
IRS990/CYOtherExpensesAmt0100112
IRS990/CYOtherRevenueAmt01866
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0107359
IRS990/CYSalariesCompEmpBnftPaidAmt0223108
IRS990/CYTotalExpensesAmt0323220
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0430579
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt02342
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt02500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt038.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt438.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt639.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL CASPARRO
IRS990/Form990PartVIISectionAGrp/PersonNm1FREDRIC LEBER
IRS990/Form990PartVIISectionAGrp/PersonNm2GERARD NICHOLS
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIC LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL MCDERMOTT
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICK HARTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL BRUST
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt44391
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51372
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt684835
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0107104
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt481920
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRAINING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0430579
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt06800
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0344
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0344
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt083014
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03900
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01558
IRS990/LandBldgEquipCostOrOtherBssAmt084572
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0428369
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDUCATION OF APPRENTICE AND JOURNEYMAN ELECTRICIANS THROUGH CLASSROOM INSTRUCTION AND HANDS ON EXPERIENCE IN SIMULATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0167151
IRS990/NetAssetsOrFundBalancesEOYAmt0274510
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt06168
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046114
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1APPRENTICE TESTING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt043162
IRS990/OtherExpensesGrp/TotalAmt18858
IRS990/OtherExpensesGrp/TotalAmt22228
IRS990/OtherRevenueMiscGrp/BusinessCd0611430
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01866
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01866
IRS990/OtherRevenueTotalAmt01866
IRS990/OtherSalariesAndWagesGrp/TotalAmt064593
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt014259
IRS990/PensionPlanContributionsGrp/TotalAmt07544
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04701
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04029
IRS990/PrincipalOfficerNm0MICHAEL MCDERMOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0284438
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0343
IRS990/PYOtherExpensesAmt0102322
IRS990/PYOtherRevenueAmt01550
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-35830
IRS990/PYSalariesCompEmpBnftPaidAmt0219839
IRS990/PYTotalExpensesAmt0322161
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0286331
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0107359
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0139567
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0216249
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01558
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083014
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084572
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0323220
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0430579
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01558
IRS990ScheduleD/TotalExpensesPerForm990Amt0323220
IRS990ScheduleD/TotalRevenuePerForm990Amt0430579
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0430579
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0323220
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE IBEW LOCAL #81 EDUCATION FUND'S MEMBERS ARE MADE UP OF ELECTRICAL TRADE WORKERS WITHIN ITS LOCAL AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE LOCAL #81 UNION HAVE THE RIGHT TO VOTE FOR ALL OF THE OFFICERS AND MEMBERS OF THE EXECUTIVE BOARD. THREE TRUSTEES ARE THE OFFICERS OF UNION, AND THE OTHER THREE TRUSTEES ARE APPOINTED BY THE CHAPTER MANAGER OF THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE FUND'S BY-LAWS MUST BE READ DURING A MONTHLY MEETING. THE CHANGES MUST THEN BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS OF THE UNION PRESENT AT THE NEXT MONTHLY MEETING. THE CHANGES MUST THEN BE SENT TO THE INTERNATIONAL OFFICE FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRUSTEES AND EXECUTIVE BOARD OF THE IBEW LOCAL #81 EDUCATION FUND REVIEW FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST POLICY. TO ENSURE IBEW LOCAL UNION #81 OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FUND HAS SALARIES OF ALL OFFICERS APPROVED IN THE BY-LAWS. THE SALARIES MUST BE VOTED ON AND APPROVED BY A MAJORITY VOTE OF THE MEMBERS OF THE UNION AND THEN APPROVED BY THE NATIONAL OFFICE, WHICH HAS ACCESS TO COMPARABLE SALARY DATA IN ORDER TO BE INCLUDED IN THE BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FUND'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT DISTRIBUTED TO THE PUBLIC. IF REQUESTED THEY WOULD BE MADE AVAILABLE AT THE FUND'S OFFICE. THERE ARE NO PLANS TO MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC ONLINE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IBEW LOCAL #81 - BUILDING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1IBEW LOCAL #81 - GENERAL FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SCRANTON ELECTRICIANS JATC BUILDING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0231692662
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1240620051
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2453452821
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMERCIAL RENTAL TO UNION AND UNION-RELATED ORGANIZATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1ADMINISTRATIVE SUPPORT TO ELECTRICAL TRADE MEMBERS WITHIN LOCAL AREA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2COMMERCIAL RENTAL TO UNION AND UNION-RELATED ORGANIZATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0431 WYOMING AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1431 WYOMING AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt24 SKYLINE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SCRANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SCRANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2SOUTH ABINGTON TOWNSHI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd018503
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd118503
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd218411
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0177324
IRS990/TotalAssetsEOYAmt0287906
IRS990/TotalAssetsGrp/BOYAmt0177324
IRS990/TotalAssetsGrp/EOYAmt0287906
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0428369
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/TotalAmt0323220
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010173
IRS990/TotalLiabilitiesEOYAmt013396
IRS990/TotalLiabilitiesGrp/BOYAmt010173
IRS990/TotalLiabilitiesGrp/EOYAmt013396
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0167151
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0274510
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt090598
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02210
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0430579
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0177324
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0287906
IRS990/TotReportableCompRltdOrgAmt0189024
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0167151
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0274510
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0431 WYOMING AVENUE
IRS990/USAddress/CityNm0SCRANTON
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018503
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MCDERMOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05703445711
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IBEW LOCAL #81 - EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0IBEW
ReturnHeader/Filer/EIN0236420615
ReturnHeader/Filer/PhoneNum05703445711
ReturnHeader/Filer/USAddress/AddressLine1Txt0431 WYOMING AVENUE
ReturnHeader/Filer/USAddress/CityNm0SCRANTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd018503
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A319A3489F3F45CFD1CBB9977DDE22D12BC3F429
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0815BC28F8C8112C08359E86C365053BBA1308B6E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.167.86.170
ReturnHeader/FilingSecurityInformation/IPDt02018-08-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:28:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232226550
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCGRAIL MERKEL QUINN AND ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01173 CLAY AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCRANTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd018510
ReturnHeader/PreparerPersonGrp/PhoneNum05709610345
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCIS J MERKEL CPA
ReturnHeader/ReturnTs02018-09-26T11:58:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.02$1.76$0.70$0.40$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.03$1.21$0.55$0.38$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.01$1.04$0.58$0.35$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.01$0.81$0.43$0.32$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.03$0.70$0.56$0.38$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.61$0.37$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.27$0.43$0.32$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.01$0.17$0.29$0.32$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.27$0.27$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.26$0.29$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.01$0.24$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.26$0.29