Civic Intelligence

Iowa Operating Engineers Apprenticeship and Training Trust Agreement

990 • Fiscal year 2019 • EIN 23-7073420

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 03, 2020

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

0.00x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

89th percentile

44%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

59th percentile

$141,462

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

81st percentile

18%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

47%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,778,383

Up $1,051,161 (+18%) from 2018

Net Assets

Up

$6,755,037

Up $1,065,485 (+19%) from 2018

Liabilities

Down

$23,346

Down $14,324 (-38%) from 2018

Revenue

Up

$2,526,078

Up $812,407 (+47%) from 2018

Expenses

Up

$1,422,045

Up $115,193 (+8.8%) from 2018

Net Income

Up

$1,104,033

Up $697,214 (+171%) from 2018

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

2019

Assets$6,778,383
Liabilities$23,346
Net Assets$6,755,037

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

2019

Revenue$2,526,078
Expenses$1,422,045
Net Income$1,104,033
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 3, 2020
Return Version
2019v5.1
Gross Receipts
$3,291,761
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$5,689,552$6,755,037▲ $1,065,485
Savings and Temporary Cash Investments$3,095,356$4,599,518▲ $1,504,162
Land, Buildings, and Equipment, Net$2,468,414$1,991,385▼ $477,029
Accounts Receivable$121,331$139,347▲ $18,016
Prepaid Expenses and Deferred Charges$37,389$32,537▼ $4,852
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$5,727,222$6,778,383▲ $1,051,161
Other Assets Total$4,732$15,596▲ $10,864
Liabilities
Accounts Payable and Accrued Expenses$37,670$23,346▼ $14,324
Total Liabilities$37,670$23,346▼ $14,324
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,689,552$6,755,037▲ $1,065,485
Total Liabilities and Net Assets / Fund Balance$5,727,222$6,778,383▲ $1,051,161

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,079,833$2,396,829$3,476,662
Land$626,111-$626,111
Buildings$285,441$34,617$320,058
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan HollinrakeCoordinatorFT$104,742$36,720$141,462

Board Members and Trustees

NameTitle
Jason CoppleChairman
Chad CarterTrustee
Dennis HerbergerTrustee
Grant CorellTrustee
Nick NortonTrustee
Spencer YockeyTrustee
John CalacciSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$54,065
Program Service Revenue
$1,997,310
Investment Income
$441,536
Other Revenue
$33,167
Change in Net Assets
$1,104,033

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,526,078
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-38,548
Total Revenue per Audited Statements
$2,487,530
Total Revenue per Form 990
$2,526,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$732,027
Salaries, Compensation, and Employee Benefits$690,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$429,875--$429,875
Depreciation Depletion$347,522--$347,522
Pension Plan Contributions$138,865--$138,865
Other Employee Benefits$83,439--$83,439
Other Expenses$48,583--$48,583
Insurance$44,357--$44,357
Payroll Taxes$37,839--$37,839
Office Expenses-$25,319-$25,319
Occupancy$17,689--$17,689
All Other Expenses$8,716$5,530-$14,246
Fees for Services Accounting-$8,700-$8,700
Travel-$3,247-$3,247
Advertising$685--$685
Total Functional Expenses$1,379,249$42,796$0$1,422,045

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,425,302
Expenses per Audited Statements$1,422,045
Total Expenses per Form 990$1,422,045
Expenses Not Reported on Form 990$3,257
Expenses Not Reported on Financial Statements$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
Business relationship with 35% controlled entity
No
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 and board of trustee members after filing.

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
2020-08-03
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Lwbj Llp
Address
4200 UNIVERSITY AVE SUITE 410, WEST DES MOINES, IA 50266
Preparer
Mark a Cronin
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 444 raw XML fields

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TRAINING REIMBURSEMENT
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SECTION B, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt054065
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044568
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt069697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0199613
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt095623
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt037053
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt020716
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011620
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07489
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0172501
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01997310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01625465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01452392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02173144
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01265926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08514237
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt095623
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt037053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt020716
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0172501
IRS990ScheduleA/InvestmentIncomeCYPct00.01930
IRS990ScheduleA/InvestmentIncomePYPct00.01050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt033167
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06585
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02488
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt05875
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt08282
IRS990ScheduleA/OtherIncome509Grp/TotalAmt056397
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97440
IRS990ScheduleA/PublicSupportPY509Pct00.98490
IRS990ScheduleA/PublicSupportTotal509Amt08713850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02051375
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01670033
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01522089
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02193734
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01276619
IRS990ScheduleA/Total509Grp/TotalAmt08713850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02180165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01713671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01545293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02211229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01292390
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08942748
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0285441
IRS990ScheduleD/BuildingsGrp/DepreciationAmt034617
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0320058
IRS990ScheduleD/EquipmentGrp/BookValueAmt01079833
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02396829
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03476662
IRS990ScheduleD/ExpensesNotReportedAmt03257
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01422045
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0626111
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0626111
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-38548
IRS990ScheduleD/PriorYearAdjustmentsAmt03257
IRS990ScheduleD/RevenueNotReportedAmt0-38548
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02526078
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01991385
IRS990ScheduleD/TotalExpensesPerForm990Amt01422045
IRS990ScheduleD/TotalRevenuePerForm990Amt02526078
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02487530
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01425302
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 AND BOARD OF TRUSTEE MEMBERS AFTER FILING.
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
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05727222
IRS990/TotalAssetsEOYAmt06778383
IRS990/TotalAssetsGrp/BOYAmt05727222
IRS990/TotalAssetsGrp/EOYAmt06778383
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt054065
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042796
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01379249
IRS990/TotalFunctionalExpensesGrp/TotalAmt01422045
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt037670
IRS990/TotalLiabilitiesEOYAmt023346
IRS990/TotalLiabilitiesGrp/BOYAmt037670
IRS990/TotalLiabilitiesGrp/EOYAmt023346
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05689552
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06755037
IRS990/TotalOtherCompensationAmt036720
IRS990/TotalProgramServiceExpensesAmt01379249
IRS990/TotalProgramServiceRevenueAmt01997310
IRS990/TotalReportableCompFromOrgAmt0104742
IRS990/TotalRevenueGrp/ExclusionAmt095623
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02376390
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02526078
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05727222
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06778383
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03247
IRS990/TravelGrp/TotalAmt03247
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

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