Civic Intelligence

Ironworkers Local 12 Training & Education Joint Apprenticeship

990 • Fiscal year 2017 • EIN 23-7232360

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 15, 2018

890 3rd StreetAlbany, NY 12206

(518) 435-0470

Siviq Scores

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

Liabilities / Assets

71st percentile

0.41x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

1.64x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

53rd percentile

4.4%

Higher net margin than 53% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$180,439

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 49.9% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

33rd percentile

0.1%

Faster asset growth than 33% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-1.8%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,430,256

Up $1,573 (+0.1%) from 2016

Net Assets

Up

$838,055

Up $15,776 (+1.9%) from 2016

Liabilities

Down

$592,201

Down $14,203 (-2.3%) from 2016

Revenue

Down

$361,301

Down $6,513 (-1.8%) from 2016

Expenses

Up

$345,525

Up $67,987 (+24%) from 2016

Net Income

Down

$15,776

Down $74,500 (-83%) from 2016

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

2017

Assets$1,430,256
Liabilities$592,201
Net Assets$838,055

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

2017

Revenue$361,301
Expenses$345,525
Net Income$15,776
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 15, 2018
Return Version
2016v3.0
Gross Receipts
$361,301
Mission and Program Overview

Mission

NONE

Education and training of ironworkers

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$748,717$755,464▲ $6,747
Savings and Temporary Cash Investments$268,230$268,497▲ $267
Cash and Non-Interest-Bearing Accounts$195,499$261,060▲ $65,561
Investments Program Related$121,881$121,894▲ $13
Accounts Receivable$48,493--
Other Notes and Loans Receivable, Net$26,302$5,099▼ $21,203
Total Assets$1,428,683$1,430,256▲ $1,573
Other Assets Total$19,561$18,242▼ $1,319
Liabilities
Mortgage Notes Payable Secured by Investment Property$600,000$549,919▼ $50,081
Other Liabilities$0$36,107▲ $36,107
Accounts Payable and Accrued Expenses$6,404$6,175▼ $229
Total Liabilities$606,404$592,201▼ $14,203
Net Assets / Fund Balance
Unrestricted Net Assets$822,279$838,055▲ $15,776
Total Net Assets Fund Balance$822,279$838,055▲ $15,776
Total Liabilities and Net Assets / Fund Balance$1,428,683$1,430,256▲ $1,573

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$121,894--
Buildings$739,253$22,647-
Equipment$16,211$38,298-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$360,351
Investment Income
$280
Other Revenue
$670
Change in Net Assets
$15,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,283
Salaries, Compensation, and Employee Benefits$85,242
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$85,242
Interest---$30,320
All Other Expenses---$28,039
Depreciation Depletion---$26,958
Fees for Services Legal---$17,116
Other Expenses---$11,146
Insurance---$6,374
Occupancy---$6,071
Fees for Services Accounting---$5,300
Office Expenses---$1,908
Total Functional Expenses$0$0$0$345,525
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
Current Maturities of Long-term Debt$26,793
Due to Related Organizations$9,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 11B

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

Filer Name
IRONWORKERS LOCAL #12 EDUCATION AND
EIN
23-7232360
Phone
5184350470
Address
890 3RD STREET, ALBANY, NY 12206

Signing Officer

Name
Mike Peters
Title
Trustee
Phone
5184350470
Signed
2018-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Peters
Formed
1972
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
D'ARCANGELO & CO LLP
Address
200 EAST GARDEN ST, ROME, NY 13442
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 AppendixShowing 400 of 438 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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN BISSAILLON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHAEL C PETERS SR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2WILLIAM EGGELSTON III
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180439
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1173205
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2162351
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
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 11B
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IRONWORKERS LOCAL 12 UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1IRONWORKERS LOCAL 12 UNION EMPLOYERS' COOPERATIVE TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2IRONWORKERS LOCAL 12 UNION HEALTH FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3IRONWORKERS LOCAL 12 UNION PENSION FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0140771904
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1261661980
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2141512728
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3141512731
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0REPRESENTATION OF MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1IDENTIFY AND EXPAND WORK OPPORTUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2ADMINISTER HEALTH CARE BENEFITS FOR UNION MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3ADMINISTER PENSION BENEFITS FOR UNION MEMEBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0890 3RD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1890 3RD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2890 3RD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3890 3RD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012206
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd112206
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd212206
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd312206
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH PAID-ADMIN SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0IRONWORKERS LOCAL 12 UNION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01428683
IRS990/TotalAssetsEOYAmt01430256
IRS990/TotalAssetsGrp/BOYAmt01428683
IRS990/TotalAssetsGrp/EOYAmt01430256
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345525
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0606404
IRS990/TotalLiabilitiesEOYAmt0592201
IRS990/TotalLiabilitiesGrp/BOYAmt0606404
IRS990/TotalLiabilitiesGrp/EOYAmt0592201
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0822279
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0838055
IRS990/TotalOtherCompensationAmt0251869
IRS990/TotalProgramServiceRevenueAmt0360351
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0280
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0361021
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0361301
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01428683
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01430256
IRS990/TotReportableCompRltdOrgAmt0264126
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0822279
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0838055
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0890 3RD STREET
IRS990/USAddress/CityNm0ALBANY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012206
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02

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