Civic Intelligence

Local Union No 68 Training Program Trust

990 • Fiscal year 2016 • EIN 23-7055535

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 04, 2016

2595 Yardville-ham Sq RdTrenton, NJ 08690

(609) 586-6801

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$264,478

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 104.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

31st percentile

-8.0%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

40%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$287,799

Down $24,866 (-8.0%) from 2015

Net Assets

Down

$273,115

Down $25,032 (-8.4%) from 2015

Liabilities

Up

$14,684

Up $166 (+1.1%) from 2015

Revenue

Up

$252,460

Up $72,768 (+40%) from 2015

Expenses

Down

$280,473

Down $39,542 (-12%) from 2015

Net Income

Up

-$28,013

Up $112,310 (+80%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $398,369Liabilities 2011: $5,264Net Assets 2011: $393,1052011Assets 2012: $470,697Liabilities 2012: $7,754Net Assets 2012: $462,9432012Assets 2013: $483,815Liabilities 2013: $12,809Net Assets 2013: $471,0062013Assets 2014: $447,965Liabilities 2014: $8,558Net Assets 2014: $439,4072014Assets 2015: $312,665Liabilities 2015: $14,518Net Assets 2015: $298,1472015Assets 2016: $287,799Liabilities 2016: $14,684Net Assets 2016: $273,1152016Assets 2017: $221,080Liabilities 2017: $8,563Net Assets 2017: $212,5172017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$287,799
Liabilities$14,684
Net Assets$273,115

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $267,9042011Expenses 2012: $275,1162012Expenses 2013: $261,3292013Revenue 2014: $251,672Expenses 2014: $287,359Net Income 2014: -$35,6872014Revenue 2015: $179,692Expenses 2015: $320,015Net Income 2015: -$140,3232015Revenue 2016: $252,460Expenses 2016: $280,473Net Income 2016: -$28,0132016Revenue 2017: $180,184Expenses 2017: $236,697Net Income 2017: -$56,5132017Revenue 2018: $1,232Expenses 2018: $0Net Income 2018: $1,2322018

Highlighted filing

2016

Revenue$252,460
Expenses$280,473
Net Income-$28,013
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 4, 2016
Return Version
2015v2.1
Gross Receipts
$402,658
Mission and Program Overview

Mission

Training of members

To provide apprentices with proper ironworking training & to provide current information on hazardous materials to all members

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$253,258$196,290▼ $56,968
Savings and Temporary Cash Investments$41,247$70,393▲ $29,146
Accounts Receivable$17,063$19,845▲ $2,782
Prepaid Expenses and Deferred Charges$578$939▲ $361
Land, Buildings, and Equipment, Net$519$332▼ $187
Total Assets$312,665$287,799▼ $24,866
Liabilities
Accounts Payable and Accrued Expenses$14,518$14,684▲ $166
Total Liabilities$14,518$14,684▲ $166
Net Assets / Fund Balance
Unrestricted Net Assets$298,147$273,115▼ $25,032
Total Net Assets Fund Balance$298,147$273,115▼ $25,032
Total Liabilities and Net Assets / Fund Balance$312,665$287,799▼ $24,866

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$332$11,633$11,965
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Samuel RubinoUnion Trustee-$264,478$264,478
William T LinderUnion Trustee-$232,519$232,519
Mark S DocieUnion Trustee$401$193,325$193,726
Samuel Rubino-$401-$401

Board Members and Trustees

NameTitle
Fred J Archer SrEmployer Trustee
Louis SantinEmployer Trustee
Richard PucciEmployer Trustee
Mark S Docie-
William T Linder-
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$243,422
Investment Income
$9,038
Other Revenue
$0
Change in Net Assets
$-28,013

Audited Revenue Reconciliation

Revenue per Audited Statements
$252,460
Revenue Not Reported on Form 990
$2,981
Total Revenue per Audited Statements
$255,441
Total Revenue per Form 990
$252,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,954
Salaries, Compensation, and Employee Benefits$52,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$202,514$0$0$202,514
Other Salaries and Wages$6,846$18,476$0$25,322
Other Employee Benefits$1,912$11,454$0$13,366
Pension Plan Contributions$0$11,162$0$11,162
Office Expenses$0$6,038$0$6,038
Fees for Services Accounting$0$5,566$0$5,566
Payroll Taxes$695$1,974$0$2,669
Occupancy$0$2,220$0$2,220
Fees for Services Legal$0$2,208$0$2,208
Insurance$0$2,203$0$2,203
All Other Expenses$0$228$0$228
Depreciation Depletion$0$187$0$187
Fees for Service Investment Mgmnt Fees$0$155$0$155
Total Functional Expenses$215,548$64,925$0$280,473

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$280,473
Total Expenses per Audited Statements$280,473
Total Expenses per Form 990$280,473
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
Lobbying activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Local Union No 68 Training Program Trust
EIN
23-7055535
Phone
6095866801
Address
2595 YARDVILLE-HAM SQ RD, TRENTON, NJ 08690

Signing Officer

Name
Samuel Rubino
Title
Union Trustee
Phone
6095866801
Signed
2016-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Rubino
Formed
1969
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Lewis W Parker III CPA
Address
9 L Princess Rd, Lawrenceville, NJ 08648
Preparer
Lewis W Parker Iii CPA
Phone
6098962177
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Samuel rubino & mark docie are brother-in-laws

Pt VI, Line 11B

Form 990 reviewed by governing body

Pt VI, Line 12C

Part of agenda at quarterly meetings

Pt VI, Line 19

AVAILABLE UPON REQUEST

Form 990EZ, Part I, Line 16

CONFERENCES

Form 990EZ, Part I, Line 16

INSURANCE

Form 990EZ, Part I, Line 16

OFFICE EXPENSE

Form 990EZ, Part I, Line 16

PAYROLL TAXES

Form 990EZ, Part I, Line 16

SECURITY

Form 990EZ, Part I, Line 16

TELEPHONE

Form 990EZ, Part I, Line 16

Training coordinator costs

Form 990EZ, Part I, Line 16

TRUSTEE MEETING

Form 990EZ, Part II, Line 24

ACCRUED INCOME

Form 990EZ, Part II, Line 24

PREPAID EXPENSES

Form 990EZ, Part II, Line 24

Employer contributions receivable

Form 990EZ, Part II, Line 26

ACCOUNTS PAYABLE

Form 990EZ, Part II, Line 26

Due to supplemental disability fund

Form 990EZ, Part II, Line 26

Accrued and withheld payroll taxes

Form 990, Part IX, Line 24E

SECURITY 56. 0. 56. 0.

Form 990, Part IX, Line 24E

Telephone 172. 0. 172. 0.

Financial Statement Notes

Pt X, Line 2

The organization adopted the provisions of fasb asc740-10 relating to uncertainty in income taxes. The implementation included evaluating the tax positions taken on all income tax returns that remain open to examination by the respective taxing authorities. The organization does not believe that there are any uncertain tax positions on those returns that meet the requirements of fasb asc740-10 and therefore should be reflected in the financial statements. Management is not aware of any violation of its tax status as an organization exempt from income taxes, nor of any exposure to unrelated business income tax. The organization is subject to routine audits by taxing authorities. There are currently no audits for any tax periods in progress. Examination for years prior to june 30, 2013.

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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/RevenueNotReportedAmt02981
IRS990ScheduleD/RevenueSubtotalAmt0252460
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB ASC740-10 RELATING TO UNCERTAINTY IN INCOME TAXES. THE IMPLEMENTATION INCLUDED EVALUATING THE TAX POSITIONS TAKEN ON ALL INCOME TAX RETURNS THAT REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THE ORGANIZATION DOES NOT BELIEVE THAT THERE ARE ANY UNCERTAIN TAX POSITIONS ON THOSE RETURNS THAT MEET THE REQUIREMENTS OF FASB ASC740-10 AND THEREFORE SHOULD BE REFLECTED IN THE FINANCIAL STATEMENTS. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES. THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. EXAMINATION FOR YEARS PRIOR TO JUNE 30, 2013.
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IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt088314
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt179280
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt269621
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt121839
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt216661
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SAMUEL RUBINO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM T LINDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MARK S DOCIE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SAMUEL RUBINO & MARK DOCIE ARE BROTHER-IN-LAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART OF AGENDA AT QUARTERLY MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFERENCES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL TAXES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SECURITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TRAINING COORDINATOR COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TRUSTEE MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ACCRUED INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PREPAID EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14EMPLOYER CONTRIBUTIONS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15ACCOUNTS PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16DUE TO SUPPLEMENTAL DISABILITY FUND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17ACCRUED AND WITHHELD PAYROLL TAXES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18SECURITY 56. 0. 56. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19TELEPHONE 172. 0. 172. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IRONWORKERS LOCAL 68 HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222277948
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(2)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FUND HALL RENTAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02595 YARDVILLE HAMILTON SQ RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TRENTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd008690

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