Civic Intelligence

Ironworkers Local 12 Training & Education Joint Apprenticeship

990 • Fiscal year 2014 • EIN 23-7232360

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 03, 2014

890 3rd Street12206

(518) 435-0470

Siviq Scores

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

Liabilities / Assets

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.05x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Net Margin

87th percentile

34%

Higher net margin than 87% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$168,210

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 40.7% of source-year revenue.

2014 filings • NTEE B • $500k-$1M nonprofits • Source year 2014

Asset Growth

80th percentile

29%

Faster asset growth than 80% of similar nonprofits.

2014 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$639,730

Up $145,490 (+29%) from 2013

Net Assets

Up

$618,845

Up $139,867 (+29%) from 2013

Liabilities

Up

$20,885

Up $5,623 (+37%) from 2013

Revenue

$413,415

No earlier filing loaded for comparison.

Expenses

Up

$273,548

Up $16,393 (+6.4%) from 2013

Net Income

$139,867

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $531,426Liabilities 2012: $50,348Net Assets 2012: $481,0782012Assets 2013: $494,240Liabilities 2013: $15,262Net Assets 2013: $478,9782013Assets 2014: $639,730Liabilities 2014: $20,885Net Assets 2014: $618,8452014Assets 2015: $767,354Liabilities 2015: $35,351Net Assets 2015: $732,0032015Assets 2016: $1,428,683Liabilities 2016: $606,404Net Assets 2016: $822,2792016Assets 2017: $1,430,256Liabilities 2017: $592,201Net Assets 2017: $838,0552017Assets 2018: $1,572,438Liabilities 2018: $562,506Net Assets 2018: $1,009,9322018Assets 2019: $1,512,649Liabilities 2019: $535,274Net Assets 2019: $977,3752019Assets 2020: $1,534,975Liabilities 2020: $512,575Net Assets 2020: $1,022,4002020Assets 2021: $1,521,125Liabilities 2021: $481,610Net Assets 2021: $1,039,5152021Assets 2022: $1,460,866Liabilities 2022: $443,907Net Assets 2022: $1,016,9592022Assets 2023: $1,462,185Liabilities 2023: $415,736Net Assets 2023: $1,046,4492023Assets 2024: $1,351,780Liabilities 2024: $374,680Net Assets 2024: $977,1002024

Highlighted filing

2014

Assets$639,730
Liabilities$20,885
Net Assets$618,845

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $264,2092012Expenses 2013: $257,1552013Revenue 2014: $413,415Expenses 2014: $273,548Net Income 2014: $139,8672014Revenue 2015: $402,980Expenses 2015: $289,822Net Income 2015: $113,1582015Revenue 2016: $367,814Expenses 2016: $277,538Net Income 2016: $90,2762016Revenue 2017: $361,301Expenses 2017: $345,525Net Income 2017: $15,7762017Revenue 2018: $580,177Expenses 2018: $408,300Net Income 2018: $171,8772018Revenue 2019: $370,041Expenses 2019: $402,598Net Income 2019: -$32,5572019Revenue 2020: $430,704Expenses 2020: $385,679Net Income 2020: $45,0252020Revenue 2021: $370,957Expenses 2021: $353,843Net Income 2021: $17,1142021Revenue 2022: $320,916Expenses 2022: $343,472Net Income 2022: -$22,5562022Revenue 2023: $421,995Expenses 2023: $392,505Net Income 2023: $29,4902023Revenue 2024: $434,499Expenses 2024: $503,848Net Income 2024: -$69,3492024

Highlighted filing

2014

Revenue$413,415
Expenses$273,548
Net Income$139,867
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 3, 2014
Return Version
2013v3.0
Gross Receipts
$413,415
Mission and Program Overview

Mission

NONE

Education and training of ironworkers

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$267,444$267,693▲ $249
Cash and Non-Interest-Bearing Accounts$30,904$156,984▲ $126,080
Investments Program Related$121,846$121,858▲ $12
Accounts Receivable$49,690$74,657▲ $24,967
Land, Buildings, and Equipment, Net$24,356$18,538▼ $5,818
Total Assets$494,240$639,730▲ $145,490
Liabilities
Accounts Payable and Accrued Expenses$15,262$20,885▲ $5,623
Total Liabilities$15,262$20,885▲ $5,623
Net Assets / Fund Balance
Unrestricted Net Assets$478,978$618,845▲ $139,867
Total Net Assets Fund Balance$478,978$618,845▲ $139,867
Total Liabilities and Net Assets / Fund Balance$494,240$639,730▲ $145,490

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$121,858--
Equipment$18,538$20,484-
Compensation and Service Providers

Employees

NameTitleOtherTotal
Garry SimmonsTrustee$142,659$142,659
James R KileyTrustee$112,547$112,547

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$412,712
Investment Income
$279
Other Revenue
$424
Change in Net Assets
$139,867

Audited Revenue Reconciliation

Revenue per Audited Statements
$413,415
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$413,415
Total Revenue per Form 990
$413,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,935
Salaries, Compensation, and Employee Benefits$56,613
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$56,613
Occupancy---$30,821
Other Expenses---$5,922
Depreciation Depletion---$5,819
All Other Expenses---$5,128
Fees for Services Legal---$5,068
Fees for Services Accounting---$4,900
Office Expenses---$2,288
Insurance---$2,281
Advertising---$500
Total Functional Expenses$0$0$0$273,548

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$273,548
Total Expenses per Audited Statements$273,548
Total Expenses per Form 990$273,548
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
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

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of ironworkers local 12 union make contributions to this fund.

Form 990, Part VI, Section A, Line 7A

The members of ironworkers local 12 union vote on the trustees of the fund.

Form 990, Part VI, Section B, Line 11

A copy of the 990 is emailed to each trustee for review before filed.

Form 990, Part VI, Section B, Line 12C

The fund has the trustees sign a form annually stating that they are in compliance.

Form 990, Part VI, Section C, Line 18

The organization makes its information returns available for public inspection upon request in the office.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request in the office.

Filing and Contact Details

Filer

EIN
23-7232360
Phone
5184350470

Signing Officer

Name
William Eggleston Iii
Title
Trustee
Phone
5184350470
Signed
2014-12-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Eggleston Iii
Formed
1972
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Preparer
Robert R Ritz CPA
Phone
3153369220
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

This process has not changed since the prior year.

Raw XML Appendix398 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/Desc0THE PLAN PROVIDES INSTRUCTION, TRAINING, RETRAINING AND UPGRADING OF EMPLOYEES OR PERSONS WHO WISH TO BECOME EMPLOYED AS IRONWORKERS, AS PROVIDED FOR IN THE TRUST AGREEMENT, THROUGH EDUCATION AND TRAINING PROGRAMS.
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IRS990/InvestmentInJointVentureInd00
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IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE SERVICES
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IRS990/OtherExpensesGrp/Desc2AUTO
IRS990/OtherExpensesGrp/Desc3BOOKKEEPING
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF IRONWORKERS LOCAL 12 UNION MAKE CONTRIBUTIONS TO THIS FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF IRONWORKERS LOCAL 12 UNION VOTE ON THE TRUSTEES OF THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS EMAILED TO EACH TRUSTEE FOR REVIEW BEFORE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND HAS THE TRUSTEES SIGN A FORM ANNUALLY STATING THAT THEY ARE IN COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS INFORMATION RETURNS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART XII, LINE 2C
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10IRONWORKERS LOCAL 12 UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11IRONWORKERS LOCAL 12 UNION EMPLOYERS' COOPERATIVE TRUST
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
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IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
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IRS990/TotalAssetsEOYAmt0639730
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IRS990/TotalProgramServiceRevenueAmt0412712
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0279
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0413136
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0413415
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0494240
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0639730
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0478978
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0618845
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10890 3RD STREET
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IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM EGGLESTON III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum05184350470
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-03
ReturnHeader/Filer/BusinessName/BusinessNameLine10IRONWORKERS LOCAL #12 EDUCATION AND
ReturnHeader/Filer/BusinessName/BusinessNameLine20TRAINING TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0237232360
ReturnHeader/Filer/PhoneNum05184350470
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ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode012206
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132550103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10D'ARCANGELO & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10200 EAST GARDEN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ROME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode013442
ReturnHeader/PreparerPersonGrp/PhoneNum03153369220
ReturnHeader/PreparerPersonGrp/PreparationDt02014-12-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT R RITZ CPA
ReturnHeader/ReturnTs02014-12-03T08:10:56-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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