Civic Intelligence

Iowa Operating Engineers Apprenticeship and Training Trust Agreement

990 • Fiscal year 2016 • EIN 23-7073420

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

16299 Quebec StreetIndianola, IA 50125

(641) 942-7112

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

11th percentile

0.01x

Higher debt load relative to revenue than 11% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

89th percentile

39%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

55th percentile

$131,078

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

84th percentile

21%

Faster asset growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

59%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,009,136

Up $868,931 (+21%) from 2015

Net Assets

Up

$4,983,345

Up $866,086 (+21%) from 2015

Liabilities

Up

$25,791

Up $2,845 (+12%) from 2015

Revenue

Up

$2,211,229

Up $823,484 (+59%) from 2015

Expenses

Up

$1,354,093

Up $55,258 (+4.3%) from 2015

Net Income

Up

$857,136

Up $768,226 (+864%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $4,365,457Liabilities 2012: $30,199Net Assets 2012: $4,335,2582012Assets 2013: $4,187,242Liabilities 2013: $47,125Net Assets 2013: $4,140,1172013Assets 2014: $4,050,520Liabilities 2014: $23,736Net Assets 2014: $4,026,7842014Assets 2015: $4,140,205Liabilities 2015: $22,946Net Assets 2015: $4,117,2592015Assets 2016: $5,009,136Liabilities 2016: $25,791Net Assets 2016: $4,983,3452016Assets 2017: $5,314,900Liabilities 2017: $35,748Net Assets 2017: $5,279,1522017Assets 2018: $5,727,222Liabilities 2018: $37,670Net Assets 2018: $5,689,5522018Assets 2019: $6,778,383Liabilities 2019: $23,346Net Assets 2019: $6,755,0372019Assets 2020: $8,747,092Liabilities 2020: $612,687Net Assets 2020: $8,134,4052020Assets 2021: $9,849,280Liabilities 2021: $27,861Net Assets 2021: $9,821,4192021Assets 2022: $10,701,851Liabilities 2022: $24,143Net Assets 2022: $10,677,7082022Assets 2023: $11,206,525Liabilities 2023: $75,406Net Assets 2023: $11,131,1192023Assets 2024: $11,614,052Liabilities 2024: $43,903Net Assets 2024: $11,570,1492024

Highlighted filing

2016

Assets$5,009,136
Liabilities$25,791
Net Assets$4,983,345

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,052,4122012Revenue 2013: $1,088,346Expenses 2013: $1,286,850Net Income 2013: -$198,5042013Revenue 2014: $1,062,776Expenses 2014: $1,184,689Net Income 2014: -$121,9132014Revenue 2015: $1,387,745Expenses 2015: $1,298,835Net Income 2015: $88,9102015Revenue 2016: $2,211,229Expenses 2016: $1,354,093Net Income 2016: $857,1362016Revenue 2017: $1,545,919Expenses 2017: $1,263,330Net Income 2017: $282,5892017Revenue 2018: $1,713,671Expenses 2018: $1,306,852Net Income 2018: $406,8192018Revenue 2019: $2,526,078Expenses 2019: $1,422,045Net Income 2019: $1,104,0332019Revenue 2020: $2,735,139Expenses 2020: $1,354,048Net Income 2020: $1,381,0912020Revenue 2021: $3,163,966Expenses 2021: $1,476,952Net Income 2021: $1,687,0142021Revenue 2022: $2,451,783Expenses 2022: $1,588,862Net Income 2022: $862,9212022Revenue 2023: $2,441,757Expenses 2023: $1,995,888Net Income 2023: $445,8692023Revenue 2024: $2,532,451Expenses 2024: $2,094,603Net Income 2024: $437,8482024

Highlighted filing

2016

Revenue$2,211,229
Expenses$1,354,093
Net Income$857,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$2,211,229
Mission and Program Overview

Mission

The apprenticeship program is to provide to the contributing employers a sufficient pool of skilled workmen within the jurisdiction of the local union.

EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$4,117,259$4,983,345▲ $866,086
Savings and Temporary Cash Investments$1,502,784$2,602,454▲ $1,099,670
Land, Buildings, and Equipment, Net$2,446,616$2,206,688▼ $239,928
Accounts Receivable$150,248$163,852▲ $13,604
Prepaid Expenses and Deferred Charges$38,050$33,063▼ $4,987
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$4,140,205$5,009,136▲ $868,931
Other Assets Total$2,507$3,079▲ $572
Liabilities
Accounts Payable and Accrued Expenses$22,946$25,791▲ $2,845
Total Liabilities$22,946$25,791▲ $2,845
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,117,259$4,983,345▲ $866,086
Total Liabilities and Net Assets / Fund Balance$4,140,205$5,009,136▲ $868,931

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,082,495$1,783,636$2,866,131
Buildings$498,082$296,854$794,936
Land$626,111-$626,111
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan HollinrakeCoordinatorFT$97,873$33,205$131,078

Board Members and Trustees

NameTitle
Jason CoppleChairman
Chad CarterTrustee
Dennis HerbergerTrustee
Grant CorellTrustee
Jeff GreenTrustee
John CalacciTrustee
Nick NortonTrustee
Spencer YockeyTrustee
Denis ReedSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$20,590
Program Service Revenue
$2,173,144
Investment Income
$11,620
Other Revenue
$5,875
Change in Net Assets
$857,136

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,211,229
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,950
Total Revenue per Audited Statements
$2,220,179
Total Revenue per Form 990
$2,211,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$722,300
Other Expenses$631,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$450,709--$450,709
Depreciation Depletion$265,719--$265,719
Pension Plan Contributions$149,160--$149,160
Other Employee Benefits$82,695--$82,695
Insurance$45,191--$45,191
Payroll Taxes$39,736--$39,736
Office Expenses-$36,800-$36,800
Other Expenses$34,186--$34,186
All Other Expenses$18,532$6,862-$25,394
Occupancy$22,744--$22,744
Travel-$8,946-$8,946
Fees for Services Accounting-$8,000-$8,000
Advertising$2,905--$2,905
Total Functional Expenses$1,293,485$60,608$0$1,354,093

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,354,093
Total Expenses per Audited Statements$1,354,093
Total Expenses per Form 990$1,354,093
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

This organization is comprised of non-voting members.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees.

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

The form 990 is reviewed by the business manager before signed and mailed.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Iowa Operating Engineers Apprenticeship
EIN
23-7073420
Phone
6419427112
Address
16299 QUEBEC STREET, INDIANOLA, IA 50125

Signing Officer

Name
Jason Copple
Title
Chairman
Phone
6419427112
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Copple
Formed
1967
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
0

Preparer

Firm
Lwbj Llp
Address
4200 UNIVERSITY AVE SUITE 410, WEST DES MOINES, IA 50266
Preparer
Philip J Goldsmith
Phone
5152225680
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The fund follows the provisions of financial accounting standards board ("fasb") accounting standards codification ("asc") subtopic 740, income taxes, which requires the fund to assess its tax positions and determine if any positions are uncertain. The fund has analyzed its filing positions open to review and believes all significant positions have a "more-likely-than-not likelihood of being upheld based on its technical merits.

Raw XML AppendixShowing 400 of 449 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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IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt031809
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04930
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09929
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012151
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02173144
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01265926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01004649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0804521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0841873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06090113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04930
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt046119
IRS990ScheduleA/InvestmentIncomeCYPct00.00730
IRS990ScheduleA/InvestmentIncomePYPct00.01220
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt012850
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0668
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013600
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041275
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IRS990ScheduleA/PublicSupportCY509Pct00.98610
IRS990ScheduleA/PublicSupportPY509Pct00.98070
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01055149
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0843544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0899433
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0498082
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0296854
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0794936
IRS990ScheduleD/EquipmentGrp/BookValueAmt01082495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01783636
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02866131
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01354093
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0626111
IRS990ScheduleD/NetUnrealizedGainsInvstAmt08950
IRS990ScheduleD/RevenueNotReportedAmt08950
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02211229
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUND FOLLOWS THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") SUBTOPIC 740, INCOME TAXES, WHICH REQUIRES THE FUND TO ASSESS ITS TAX POSITIONS AND DETERMINE IF ANY POSITIONS ARE UNCERTAIN. THE FUND HAS ANALYZED ITS FILING POSITIONS OPEN TO REVIEW AND BELIEVES ALL SIGNIFICANT POSITIONS HAVE A "MORE-LIKELY-THAN-NOT LIKELIHOOD OF BEING UPHELD BASED ON ITS TECHNICAL MERITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt01354093
IRS990ScheduleD/TotalRevenuePerForm990Amt02211229
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02220179
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01354093
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION IS COMPRISED OF NON-VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE BUSINESS MANAGER BEFORE SIGNED AND MAILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalLiabilitiesEOYAmt025791
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IRS990/TotalLiabilitiesGrp/EOYAmt025791
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IRS990/TotalOtherCompensationAmt033205
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IRS990/TotalVolunteersCnt00
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IRS990/TotReportableCompRltdOrgAmt00

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