Civic Intelligence

Union Electrical Workers Inc

990 • Fiscal year 2015 • EIN 23-7372758

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 22, 2015

814 W Basin RoadNew Castle, DE 19720

(302) 328-0773

Siviq Scores

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

Liabilities / Assets

76th percentile

0.47x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

3.83x

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

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Net Margin

72nd percentile

63%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Asset Growth

85th percentile

8.1%

Faster asset growth than 85% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

88th percentile

56%

Faster revenue growth than 88% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$818,212

Up $61,357 (+8.1%) from 2014

Net Assets

Up

$437,475

Up $62,358 (+17%) from 2014

Liabilities

Down

$380,737

Down $1,001 (-0.3%) from 2014

Revenue

Up

$99,378

Up $35,509 (+56%) from 2014

Expenses

Down

$37,020

Down $26,071 (-41%) from 2014

Net Income

Up

$62,358

Up $61,580 (+7915%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $756,855Liabilities 2014: $381,738Net Assets 2014: $375,1172014Assets 2015: $818,212Liabilities 2015: $380,737Net Assets 2015: $437,4752015Assets 2016: $855,582Liabilities 2016: $379,937Net Assets 2016: $475,6452016Assets 2017: $891,059Liabilities 2017: $379,937Net Assets 2017: $511,1222017Assets 2018: $937,957Liabilities 2018: $379,937Net Assets 2018: $558,0202018Assets 2019: $1,221,791Liabilities 2019: $379,937Net Assets 2019: $841,8542019Assets 2020: $1,242,709Liabilities 2020: $379,937Net Assets 2020: $862,7722020Assets 2021: $1,250,067Liabilities 2021: $379,937Net Assets 2021: $870,1302021Assets 2022: $1,272,424Liabilities 2022: $379,937Net Assets 2022: $892,4872022Assets 2023: $1,176,334Liabilities 2023: $379,937Net Assets 2023: $796,3972023Assets 2024: $1,271,362Liabilities 2024: $379,937Net Assets 2024: $891,4252024

Highlighted filing

2015

Assets$818,212
Liabilities$380,737
Net Assets$437,475

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $63,869Expenses 2014: $63,091Net Income 2014: $7782014Revenue 2015: $99,378Expenses 2015: $37,020Net Income 2015: $62,3582015Revenue 2016: $140,113Expenses 2016: $101,943Net Income 2016: $38,1702016Revenue 2017: $137,463Expenses 2017: $101,986Net Income 2017: $35,4772017Revenue 2018: $159,952Expenses 2018: $113,054Net Income 2018: $46,8982018Revenue 2019: $430,443Expenses 2019: $146,609Net Income 2019: $283,8342019Revenue 2020: $137,704Expenses 2020: $116,786Net Income 2020: $20,9182020Revenue 2021: $98,074Expenses 2021: $90,716Net Income 2021: $7,3582021Revenue 2022: $118,659Expenses 2022: $96,302Net Income 2022: $22,3572022Revenue 2023: $134,122Expenses 2023: $230,212Net Income 2023: -$96,0902023Revenue 2024: $267,458Expenses 2024: $172,430Net Income 2024: $95,0282024

Highlighted filing

2015

Revenue$99,378
Expenses$37,020
Net Income$62,358
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 22, 2015
Return Version
2014v5.0
Gross Receipts
$173,021
Mission and Program Overview

Mission

To hold title to real property on behalf of international brotherhood of electrical workers local 313, to collect the income from such real property, to pay the expenses of operating and maintaining such real property and to turn over amounts as proper to ibew local 313.

To hold title and maintain building for local 313 so that it may carry out its exempt purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$694,177$687,379▼ $6,798
Savings and Temporary Cash Investments$62,678$130,833▲ $68,155
Total Assets$756,855$818,212▲ $61,357
Liabilities
Other Liabilities$381,738$380,737▼ $1,001
Total Liabilities$381,738$380,737▼ $1,001
Net Assets / Fund Balance
Unrestricted Net Assets$375,117$437,475▲ $62,358
Total Net Assets Fund Balance$375,117$437,475▲ $62,358
Total Liabilities and Net Assets / Fund Balance$756,855$818,212▲ $61,357

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$425,900-$425,900
Leasehold Improvements$176,838$117,395$294,233
Land$82,520-$82,520
Equipment$2,121$31,933$34,054
Compensation and Service Providers

Board Members and Trustees

NameTitle
David HollenPresident
Eric LewisVice President
Douglas DrummondBusiness Manager
James MurrianFinancial Secretary
Andrew McnallyOrganizer
Robert MaclennanRecording Secretary
Jason CobbleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$76
Other Revenue
$99,302
Change in Net Assets
$62,358
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$12,897
Fees for Services Accounting---$7,720
Other Expenses---$229
Total Functional Expenses$0$0$0$37,020
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
Mortgage Payable$146,036
Note Payable$121,114
Due to Affiliate$112,787
Security Deposits$800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 B, Line 11

The 990 was reviewed and approved by the board of directors prior to filing.

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

The organization consistently monitors policies at the regular board meeting held every month.

Form 990, Part VI, Section C, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Union Electrical Workers Inc
EIN
23-7372758
Phone
3023280773
Address
814 W BASIN ROAD, NEW CASTLE, DE 19720

Signing Officer

Name
David Hollen
Title
President
Phone
3023280773
Signed
2015-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hollen
Formed
1902
Legal Domicile
De
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Resnick Amsterdam Leshner Pc
Address
653 SKIPPACK PIKE SUITE 300, BLUE BELL, PA 19422
Preparer
Steven Resnick CPA
Phone
2156288080
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

Modified cash basis of accounting

FORM 990, PART XII, LINE 2C:

The board of directors assumes responsibility for oversight of the compilation of the financial statements. The oversight and selection processes were not changed during the year.

Financial Statement Notes

PART X, LINE 2:

The company is required to evaluate, measure, recognize and disclose any uncertain income tax positions taken on the income tax returns. Management believes that there are no uncertain tax positions.

Raw XML Appendix357 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/Form990PartVIISectionAGrp/TitleTxt3RECORDING SECRETARY
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NOTE PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS REQUIRED TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THE INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CONSISTENTLY MONITORS POLICIES AT THE REGULAR BOARD MEETING HELD EVERY MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MODIFIED CASH BASIS OF ACCOUNTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE COMPILATION OF THE FINANCIAL STATEMENTS. THE OVERSIGHT AND SELECTION PROCESSES WERE NOT CHANGED DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INTERNATIONAL BROTHERHOOD OF 313 IBEW
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0IBEW LOCAL UNION 313
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1IBEW LOCAL UNION 313
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2IBEW LOCAL UNION 313
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2N
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0756855
IRS990/TotalAssetsEOYAmt0818212
IRS990/TotalAssetsGrp/BOYAmt0756855
IRS990/TotalAssetsGrp/EOYAmt0818212
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt037020
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0381738
IRS990/TotalLiabilitiesEOYAmt0380737
IRS990/TotalLiabilitiesGrp/BOYAmt0381738
IRS990/TotalLiabilitiesGrp/EOYAmt0380737
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0375117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0437475
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt076
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099302
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099378
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0756855
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0818212
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0375117
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0437475
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0814 WEST BASIN ROAD
IRS990/USAddress/CityNm0NEW CASTLE
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019720
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID HOLLEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03023280773
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNION ELECTRICAL WORKERS INC
ReturnHeader/Filer/BusinessNameControlTxt0UNIO
ReturnHeader/Filer/EIN0237372758
ReturnHeader/Filer/PhoneNum03023280773
ReturnHeader/Filer/USAddress/AddressLine1Txt0814 W BASIN ROAD
ReturnHeader/Filer/USAddress/CityNm0NEW CASTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019720
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232302222
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RESNICK AMSTERDAM LESHNER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0653 SKIPPACK PIKE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLUE BELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019422
ReturnHeader/PreparerPersonGrp/PhoneNum02156288080
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN RESNICK CPA
ReturnHeader/ReturnTs02015-10-15T13:33:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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