Form 990, Part VI, Section A, Line 2
“Daniel l. Woodall, jr. And vernon woodhall have a family relationship.”
990 • Fiscal year 2018 • EIN 23-6568023
Scores are not available for this record yet.
Assets
Up$21,775,018
Up $5,251,062 (+32%) from 2017
Net Assets
Up$21,398,031
Up $5,081,031 (+31%) from 2017
Liabilities
Up$376,987
Up $170,031 (+82%) from 2017
Revenue
Up$10,283,133
Up $2,626,999 (+34%) from 2017
Expenses
Up$5,126,839
Up $1,334,678 (+35%) from 2017
Net Income
Up$5,156,294
Up $1,292,321 (+33%) from 2017
To provide education and training in the building and construction trade, to train journeymen who are now in the trade, to assist in providing training that will equip them for profitable employment and citizenship, and to further the assurance to the employers of proficient workmen to the end that the public may receive the best possible workmanship.
To provide education & training to qualifying members under a collective bargaining agreement.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $4,038,134 | $10,800,511 | ▲ $6,762,377 |
| Savings and Temporary Cash Investments | $7,145,235 | $5,378,491 | ▼ $1,766,744 |
| Land, Buildings, and Equipment, Net | $4,081,065 | $3,837,696 | ▼ $243,369 |
| Accounts Receivable | $753,828 | $1,159,118 | ▲ $405,290 |
| Prepaid Expenses and Deferred Charges | $92,699 | $145,320 | ▲ $52,621 |
| Total Assets | $16,523,956 | $21,775,018 | ▲ $5,251,062 |
| Other Assets Total | $412,995 | $453,882 | ▲ $40,887 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $206,956 | $376,987 | ▲ $170,031 |
| Total Liabilities | $206,956 | $376,987 | ▲ $170,031 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $16,076,570 | $21,157,601 | ▲ $5,081,031 |
| Temporarily Rstr Net Assets | $240,430 | $240,430 | → $0 |
| Total Net Assets Fund Balance | $16,317,000 | $21,398,031 | ▲ $5,081,031 |
| Total Liabilities and Net Assets / Fund Balance | $16,523,956 | $21,775,018 | ▲ $5,251,062 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,814,783 | $5,768,255 | $8,583,038 |
| Land | $914,310 | - | $914,310 |
| Equipment | $30,767 | $600,198 | $630,965 |
| Other Land Buildings | $77,836 | $131,459 | $209,295 |
| Leasehold Improvements | $0 | $100,317 | $100,317 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alan M Parham | Fund Administrator | PT | $220,485 | $78,645 | $299,130 |
| Name | Title |
|---|---|
| Benjamin Connors | Trustee |
| Daniel L Woodall Jr | Trustee |
| Fred Chiarlanza | Trustee |
| James Harper Jr | Trustee |
| James R Davis | Trustee |
| Jim Dolente Jr | Trustee |
| Ryan N Boyer | Trustee |
| Samuel Staten Jr | Trustee |
| Stanley Sanders | Trustee |
| Vernon Woodall | Trustee |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Cleary Josem & Trigiani LLP | Architect | 215 S 15TH STREET, Philadelphia, PA 19102 | $300,060 |
| - | Legal Services | 325 CHESTNUT AVENUE, Philadelphia, PA 19106 | $129,600 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,917,238 |
| Salaries, Compensation, and Employee Benefits | $2,209,601 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Employee Benefits | $437,590 | $483,530 | - | $921,120 |
| Other Salaries and Wages | $558,960 | $240,254 | - | $799,214 |
| Occupancy | $470,029 | $115,524 | - | $585,553 |
| Current Officers, Directors, Trustees, and Key Employees | - | $377,240 | - | $377,240 |
| Depreciation Depletion | $270,629 | - | - | $270,629 |
| All Other Expenses | $111,290 | $150,789 | - | $262,079 |
| Other Expenses | $571,463 | $228,146 | - | $228,146 |
| Fees for Services Legal | - | $147,775 | - | $147,775 |
| Payroll Taxes | $53,231 | $58,796 | - | $112,027 |
| Fees for Services Accounting | - | $33,900 | - | $33,900 |
| Total Functional Expenses | $2,473,192 | $2,653,647 | $0 | $5,126,839 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $5,126,839 |
| Total Expenses per Audited Statements | $5,126,839 |
| Total Expenses per Form 990 | $5,126,839 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Daniel l. Woodall, jr. And vernon woodhall have a family relationship.”
“Out of the ten trustees, five (5) are designated by the laborers ' district council of the metropolitan area of philadelphia and vicinity, laborers' international union of north america and five (5) are appointed by the participating labor associations - three (3) by the contractors association of eastern pennsylvania and two (2) by the general building contractors association.”
“The form 990 is reviewed by the fund administrator and fund accountant before filing. The form 990 is subsequently reviewed by the entire board at the next scheduled trustee meeting.”
“Any director, principal officer, or committee member of the governing board that has a direct or indirect financial interest, has the duty to disclose any actual or possible conflict of interest. The interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable.”
“The trustees review employee compensation on an annual basis by reviewing job performance, job qualifications and industry conditions. Compensation arrangements are also subject to periodic reviews to ensure compensation and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining.”
“The governing documents, conflict of interest policy and financial statements are available upon request.”
“U.s. Gaap requires fund management to evaluate uncertain tax positions taken by the fund. The financial statement effects of a tax position are recognized when the position is more-likely-than-not, based on the technical merits, to be sustained upon examination by the irs. The fund administrator has analyzed the tax positions taken by the fund, and has concluded that as of april 30, 2018, there were no uncertain tax positions taken or are expected to be taken. The fund has recognized no interest or penalties related to uncertain tax positions. The fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The fund administrator believes it is no longer subject to income tax examinations for years prior to 2015.”
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/ActivityOrMissionDesc | 0 | TO PROVIDE EDUCATION & TRAINING TO QUALIFYING MEMBERS UNDER A COLLECTIVE BARGAINING AGREEMENT. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SAMUEL STATEN JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DANIEL L WOODALL JR |
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| IRS990/MissionDesc | 0 | TO PROVIDE EDUCATION AND TRAINING IN THE BUILDING AND CONSTRUCTION TRADE, TO TRAIN JOURNEYMEN WHO ARE NOW IN THE TRADE, TO ASSIST IN PROVIDING TRAINING THAT WILL EQUIP THEM FOR PROFITABLE EMPLOYMENT AND CITIZENSHIP, AND TO FURTHER THE ASSURANCE TO THE EMPLOYERS OF PROFICIENT WORKMEN TO THE END THAT THE PUBLIC MAY RECEIVE THE BEST POSSIBLE WORKMANSHIP. |
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| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 437590 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 921120 |
| IRS990/OtherExpensesGrp/Desc | 0 | TRAINING EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | DESIGN AND ENGINEERING |
| IRS990/OtherExpensesGrp/Desc | 3 | CONSULTANTS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 432867 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 384826 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 228146 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 571463 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 571463 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 432867 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 384826 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 228146 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 137496 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 137496 |
| IRS990/OtherRevenueTotalAmt | 0 | 137496 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 240254 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 558960 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 799214 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 58796 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 53231 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 112027 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 92699 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 145320 |
| IRS990/PrincipalOfficerNm | 0 | ALAN PARHAM |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | EMPLOYER HOURLY CONTRIBUTIONS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 9760101 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 9760101 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 884902 |
| IRS990/PYOtherExpensesAmt | 0 | 2058422 |
| IRS990/PYOtherRevenueAmt | 0 | 619122 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 6152110 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 3863973 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1733739 |
| IRS990/PYTotalExpensesAmt | 0 | 3792161 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 7656134 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 5156294 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 9760101 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 7145235 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5378491 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2814783 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 5768255 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8583038 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 30767 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 600198 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 630965 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 5126839 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 914310 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 914310 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 100317 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 100317 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -75263 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 77836 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 131459 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 209295 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -75263 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 10283133 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | U.S. GAAP REQUIRES FUND MANAGEMENT TO EVALUATE UNCERTAIN TAX POSITIONS TAKEN BY THE FUND. THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ARE RECOGNIZED WHEN THE POSITION IS MORE-LIKELY-THAN-NOT, BASED ON THE TECHNICAL MERITS, TO BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF APRIL 30, 2018, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE EXPECTED TO BE TAKEN. THE FUND HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FUND ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2015. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3837696 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 5126839 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 10283133 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 10207870 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 5126839 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 0 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE FUND'S RACIAL NONDISCRIMINATION POLICY IS PUBLISHED AS PART OF ITS REGULAR ADVERTISING AND INCLUDED ON ITS WEBSITE. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE FUND PROVIDES TRAINING TO QUALIFYING MEMBERS FREE OF CHARGE. AS SUCH, THE FUND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 4 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 220485 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 56484 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 22161 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ALAN M PARHAM |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | FUND ADMINISTRATOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 299130 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DANIEL L. WOODALL, JR. AND VERNON WOODHALL HAVE A FAMILY RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OUT OF THE TEN TRUSTEES, FIVE (5) ARE DESIGNATED BY THE LABORERS ' DISTRICT COUNCIL OF THE METROPOLITAN AREA OF PHILADELPHIA AND VICINITY, LABORERS' INTERNATIONAL UNION OF NORTH AMERICA AND FIVE (5) ARE APPOINTED BY THE PARTICIPATING LABOR ASSOCIATIONS - THREE (3) BY THE CONTRACTORS ASSOCIATION OF EASTERN PENNSYLVANIA AND TWO (2) BY THE GENERAL BUILDING CONTRACTORS ASSOCIATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FORM 990 IS REVIEWED BY THE FUND ADMINISTRATOR AND FUND ACCOUNTANT BEFORE FILING. THE FORM 990 IS SUBSEQUENTLY REVIEWED BY THE ENTIRE BOARD AT THE NEXT SCHEDULED TRUSTEE MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ANY DIRECTOR, PRINCIPAL OFFICER, OR COMMITTEE MEMBER OF THE GOVERNING BOARD THAT HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, HAS THE DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE TRUSTEES REVIEW EMPLOYEE COMPENSATION ON AN ANNUAL BASIS BY REVIEWING JOB PERFORMANCE, JOB QUALIFICATIONS AND INDUSTRY CONDITIONS. COMPENSATION ARRANGEMENTS ARE ALSO SUBJECT TO PERIODIC REVIEWS TO ENSURE COMPENSATION AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.