Civic Intelligence

Bricklayers and Allied Craftworkers Local No 3 Health and Welfare Plan

990 • Fiscal year 2016 • EIN 23-7034407

Jul 01, 2015 to Jun 30, 2016 • Filed on May 11, 2017

7180 Koll Center Parkway No 200Pleasanton, CA 94566

(925) 208-9999

Siviq Scores

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

Liabilities / Assets

79th percentile

0.30x

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

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

0.49x

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

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Net Margin

14th percentile

-13%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Asset Growth

59th percentile

5.6%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

37%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,923,766

Up $903,654 (+5.6%) from 2015

Net Assets

Down

$11,819,168

Down $1,045,275 (-8.1%) from 2015

Liabilities

Up

$5,104,598

Up $1,948,929 (+62%) from 2015

Revenue

Up

$10,334,749

Up $2,776,635 (+37%) from 2015

Expenses

Up

$11,656,596

Up $4,796,101 (+70%) from 2015

Net Income

Down

-$1,321,847

Down $2,019,466 (-289%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $13,222,921Liabilities 2011: $2,397,342Net Assets 2011: $10,825,5792011Assets 2012: $14,315,326Liabilities 2012: $2,504,761Net Assets 2012: $11,810,5652012Assets 2013: $16,790,624Liabilities 2013: $5,004,482Net Assets 2013: $11,786,1422013Assets 2014: $15,335,884Liabilities 2014: $3,188,661Net Assets 2014: $12,147,2232014Assets 2015: $16,020,112Liabilities 2015: $3,155,669Net Assets 2015: $12,864,4432015Assets 2016: $16,923,766Liabilities 2016: $5,104,598Net Assets 2016: $11,819,1682016Assets 2017: $18,242,654Liabilities 2017: $5,509,768Net Assets 2017: $12,732,8862017Assets 2018: $19,688,061Liabilities 2018: $7,355,662Net Assets 2018: $12,332,3992018Assets 2019: $18,918,919Liabilities 2019: $5,223,714Net Assets 2019: $13,695,2052019Assets 2020: $17,842,827Liabilities 2020: $5,827,871Net Assets 2020: $12,014,9562020Assets 2021: $17,912,159Liabilities 2021: $6,415,935Net Assets 2021: $11,496,2242021Assets 2022: $16,891,935Liabilities 2022: $5,149,901Net Assets 2022: $11,742,0342022Assets 2023: $16,017,813Liabilities 2023: $6,307,537Net Assets 2023: $9,710,2762023Assets 2024: $15,804,751Liabilities 2024: $6,820,115Net Assets 2024: $8,984,6362024

Highlighted filing

2016

Assets$16,923,766
Liabilities$5,104,598
Net Assets$11,819,168

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,644,4172011Expenses 2012: $6,163,5742012Expenses 2013: $10,218,8022013Revenue 2014: $7,767,719Expenses 2014: $7,516,921Net Income 2014: $250,7982014Revenue 2015: $7,558,114Expenses 2015: $6,860,495Net Income 2015: $697,6192015Revenue 2016: $10,334,749Expenses 2016: $11,656,596Net Income 2016: -$1,321,8472016Revenue 2017: $12,296,714Expenses 2017: $11,410,550Net Income 2017: $886,1642017Revenue 2018: $11,688,333Expenses 2018: $12,071,802Net Income 2018: -$383,4692018Revenue 2019: $11,688,828Expenses 2019: $10,738,128Net Income 2019: $950,7002019Revenue 2020: $11,451,877Expenses 2020: $13,138,816Net Income 2020: -$1,686,9392020Revenue 2021: $11,059,830Expenses 2021: $11,723,917Net Income 2021: -$664,0872021Revenue 2022: $10,417,789Expenses 2022: $9,685,690Net Income 2022: $732,0992022Revenue 2023: $10,632,225Expenses 2023: $12,621,984Net Income 2023: -$1,989,7592023Revenue 2024: $11,508,980Expenses 2024: $12,259,795Net Income 2024: -$750,8152024

Highlighted filing

2016

Revenue$10,334,749
Expenses$11,656,596
Net Income-$1,321,847
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 11, 2017
Return Version
2015v3.0
Gross Receipts
$17,073,190
Mission and Program Overview

Mission

Provides health, dental, and vision benefits to employees and their dependents of contractors signatory to the b.a.c.

SEE(III)(A) BELOW

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$12,864,443$11,819,168▼ $1,045,275
Investments in Publicly Traded Securities$8,794,607$8,741,742▼ $52,865
Investments Other Securities$4,780,973$5,057,940▲ $276,967
Cash and Non-Interest-Bearing Accounts$1,074,880$1,230,963▲ $156,083
Accounts Receivable$694,616$882,303▲ $187,687
Savings and Temporary Cash Investments$579,752$775,567▲ $195,815
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$16,020,112$16,923,766▲ $903,654
Other Assets Total$95,284$235,251▲ $139,967
Liabilities
Other Liabilities$2,442,551$4,240,270▲ $1,797,719
Accounts Payable and Accrued Expenses$713,118$848,901▲ $135,783
Deferred Revenue-$15,427-
Total Liabilities$3,155,669$5,104,598▲ $1,948,929
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,864,443$11,819,168▼ $1,045,275
Total Liabilities and Net Assets / Fund Balance$16,020,112$16,923,766▲ $903,654

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,057,940--
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Benesys AdministratorsContract Administrator7180 KOLL CENTER PKWY, Pleasanton, CA 94566$263,448
Lindquist LLPCompliance Auditor5000 EXECUTIVE PKWY STE 400, San Ramon, CA 94583$183,186
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,449,768
Investment Income
$386,856
Other Revenue
$498,125
Change in Net Assets
$-1,321,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,334,749
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$276,572
Total Revenue per Audited Statements
$10,611,321
Total Revenue per Form 990
$10,334,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$932,831
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---$10,723,765
Fees for Services Management---$263,448
Fees for Services Accounting---$203,735
Fees for Services Legal---$141,648
Fees for Service Investment Mgmnt Fees---$73,710
Fees for Services Other---$68,400
Office Expenses---$24,733
All Other Expenses---$17,621
Other Expenses---$14,000
Insurance---$5,435
Conferences and Meetings---$4,281
Total Functional Expenses$0$0$0$11,656,596

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,656,596
Total Expenses per Audited Statements$11,656,596
Total Expenses per Form 990$11,656,596
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hour Bank Liability$2,368,000
Group Insurance Premiums Payable$977,039
Claims Payable$746,231
Incurred But Not Reported$149,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Trustee david filippi is the son of trustee robert filippi

Form 990, Part VI, Section A, Line 3

The oganization delegates control over management duties customarily performed by or under the direct supervision of offices, directors, trustees or key employees to the contract administrator.

Form 990, Part VI, Section B, Line 11

The trustees designate the administrator to review the form.

Form 990, Part VI, Section C, Line 19

The fund makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bricklayers Local No 3
EIN
23-7034407
Phone
9252089999
Address
7180 KOLL CENTER PARKWAY NO 200, PLEASANTON, CA 94566

Signing Officer

Name
Trustee Trustee
Title
Trustee
Phone
9252089999
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Jackson
Formed
1957
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Hemming Morse Llp
Address
155 BOVET ROAD SUITE 600, SAN MATEO, CA 94402
Phone
4158364000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors assumes responsibility for overseeing the audit of the organizations financial statements and for selecting the independent auditor.

Financial Statement Notes

PART X, LINE 2:

The trust has adopted guidance on accounting for uncertainty in income taxes issued by the financial accounting standards board. The trust administrator believes that the trust has not taken uncertain tax positions that require adjustment to the financial statements as a tax liability. The trust administrator believes it is no longer subject to income tax examinations for fiscal years prior to june 30, 2013.

Raw XML AppendixShowing 400 of 410 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUSTEES DESIGNATE THE ADMINISTRATOR TO REVIEW THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.8$6.82$8.98$11.5$12.3$0.75
2023Detailed filing. Detailed filing data is available for this year.$16.0$6.31$9.71$10.6$12.6$1.99
2022Detailed filing. Detailed filing data is available for this year.$16.9$5.15$11.7$10.4$9.69$0.73
2021Detailed filing. Detailed filing data is available for this year.$17.9$6.42$11.5$11.1$11.7$0.66
2020Detailed filing. Detailed filing data is available for this year.$17.8$5.83$12.0$11.5$13.1$1.69
2019Detailed filing. Detailed filing data is available for this year.$18.9$5.22$13.7$11.7$10.7$0.95
2018Detailed filing. Detailed filing data is available for this year.$19.7$7.36$12.3$11.7$12.1$0.38
2017Detailed filing. Detailed filing data is available for this year.$18.2$5.51$12.7$12.3$11.4$0.89
2016Detailed filing. Detailed filing data is available for this year.$16.9$5.10$11.8$10.3$11.7$1.32
2015Detailed filing. Detailed filing data is available for this year.$16.0$3.16$12.9$7.56$6.86$0.70
2014Detailed filing. Detailed filing data is available for this year.$15.3$3.19$12.1$7.77$7.52$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$5.00$11.8$10.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$2.50$11.8$6.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$2.40$10.8$6.64