Civic Intelligence

Asbestos Workers Local 24 Industry Advancement and Advocacy Fund

990EZ • Fiscal year 2016 • EIN 26-0615161

Apr 01, 2015 to Mar 31, 2016 • Filed on Feb 13, 2017

901 Montgomery StreetLaurel, MD 20707-3411

(301) 725-2400

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Net Margin

98th percentile

63%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Asset Growth

88th percentile

31%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

41st percentile

-1.2%

Faster revenue growth than 41% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$99,886

Up $23,401 (+31%) from 2015

Net Assets

Up

$99,886

Up $23,401 (+31%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$37,111

Down $440 (-1.2%) from 2015

Expenses

Up

$13,710

Up $4,532 (+49%) from 2015

Net Income

Down

$23,401

Down $4,972 (-18%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2011: $2,148Liabilities 2011: $2,662Net Assets 2011: -$5142011Assets 2012: $521Liabilities 2012: $2,662Net Assets 2012: -$2,1412012Assets 2013: $26,696Liabilities 2013: $0Net Assets 2013: $26,6962013Assets 2014: $48,112Liabilities 2014: $0Net Assets 2014: $48,1122014Assets 2015: $76,485Liabilities 2015: $0Net Assets 2015: $76,4852015Assets 2016: $99,886Liabilities 2016: $0Net Assets 2016: $99,8862016Assets 2017: $135,613Liabilities 2017: $0Net Assets 2017: $135,6132017Assets 2018: $250,651Liabilities 2018: $0Net Assets 2018: $250,6512018Assets 2019: $287,855Liabilities 2019: $0Net Assets 2019: $287,8552019Assets 2020: $320,740Liabilities 2020: $0Net Assets 2020: $320,7402020Assets 2021: $286,934Liabilities 2021: $0Net Assets 2021: $286,9342021Assets 2022: $291,446Liabilities 2022: $0Net Assets 2022: $291,4462022Assets 2025: $297,207Liabilities 2025: $2,000Net Assets 2025: $295,2072025

Highlighted filing

2016

Assets$99,886
Liabilities$0
Net Assets$99,886

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $8,537Expenses 2011: $8,402Net Income 2011: $1352011Revenue 2012: $8,406Expenses 2012: $10,033Net Income 2012: -$1,6272012Revenue 2013: $36,477Expenses 2013: $7,640Net Income 2013: $28,8372013Revenue 2014: $32,524Expenses 2014: $11,108Net Income 2014: $21,4162014Revenue 2015: $37,551Expenses 2015: $9,178Net Income 2015: $28,3732015Revenue 2016: $37,111Expenses 2016: $13,710Net Income 2016: $23,4012016Revenue 2017: $49,133Expenses 2017: $13,406Net Income 2017: $35,7272017Revenue 2018: $125,334Expenses 2018: $10,296Net Income 2018: $115,0382018Revenue 2019: $45,339Expenses 2019: $8,135Net Income 2019: $37,2042019Revenue 2020: $42,285Expenses 2020: $9,400Net Income 2020: $32,8852020Revenue 2021: $110,526Expenses 2021: $144,332Net Income 2021: -$33,8062021Revenue 2022: $34,274Expenses 2022: $29,762Net Income 2022: $4,5122022Revenue 2025: $34,481Expenses 2025: $13,200Net Income 2025: $21,2812025

Highlighted filing

2016

Revenue$37,111
Expenses$13,710
Net Income$23,401
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$37,111
Mission and Program Overview

Mission

The exempt purpose of the asbestos workers local 24 industry advancement and advocacy fund is to work to promote a positive image of union workers and contractors: to owners, government officials, presently non-union contractors and workers, and the general public; to use newsletters, conferences, industry celebrations and other means to inform participating contractors and the general public about its activities and the opportunities that derive from those activities; to otherwise implement the purposes and provisions of the labor-management cooperation act of 1978 in the area of union members' health and safety; and to solicit and obtain financing for the fund from any and all lawful sources including employers, employer associations, private foundations, the federal government, state governments, and the union and its affiliates. This is essentially the only program service of the organization and all of the revenues and expenses are considered to be for this purpose.

Program Services

DescriptionGrantsExpenses
THE EXEMPT PURPOSE OF THE ASBESTOS WORKERS LOCAL 24 INDUSTRY ADVANCEMENT AND ADVOCACY FUND IS TO WORK TO PROMOTE A POSITIVE IMAGE OF THE UNION WORKERS AND CONTRACTORS: TO OWNERS, GOVERNMENT OFFICIALS, PRESENTLY NON-UNION CONTRACTORS AND WORKERS, AND THE GENERAL PUBLIC; TO USE NEWSLETTERS, CONFERENCES, INDUSTRY CELEBRATIONS AND OTHER MEANS TO INFORM PARTICIPATING CONTRACTORS AND THE GENERAL PUBLIC ABOUT ITS ACTIVITIES AND THE OPPORTUNITIES THAT DERIVE FROM THOSE ACTIVITIES; TO OTHERWISE IMPLEMENT THE PURPOSES AND PROVISIONS OF THE LABOR-MANAGEMENT COOPERATION ACT OF 1978 IN THE AREA OF UNION MEMBERS' HEALTH AND SAFETY; AND TO SOLICIT AND OBTAIN FINANCING FOR THE FUND FROM ANY AND ALL LAWFUL SOURCES INCLUDING EMPLOYERS, EMPLOYER ASSOCIATIONS, PRIVATE FOUNDATIONS, THE FEDERAL GOVERNMENT, STATE GOVERNMENTS, AND THE UNION AND ITS AFFILIATES. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINO CRESSOTTITrustee-$0--
MIKE MONEYMAKERTrustee-$0--
STEVE SHEGOGUETrustee-$0--
SCOTT GRANTTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Asbestos Workers Local 24 Industry
EIN
26-0615161
Phone
3017252400
Address
901 MONTGOMERY STREET, LAUREL, MD 20707-3411

Signing Officer

Name
Lino Cressotti
Title
Trustee
Phone
3017252400
Signed
2017-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Daniel a Winters & Company Cpas
Address
6 DICKINSON DR STE 205, CHADDS FORD, PA 19317
Preparer
Craig D Winters CPA
Phone
6103582000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank service charges. Amount: 26. Description: picnic expense. Amount: 7,371. Description: reimbursements. Amount: 2,125. Description: meeting expense. Amount: 594. Total to form 990-ez, line 16: 10,116.

Raw XML Appendix108 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LINO CRESSOTTI
IRS990EZ/BooksInCareOfDetail/PhoneNum03017252400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 MONTGOMERY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAUREL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0207073411
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt076485
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt099886
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt06900
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt023401
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03594
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt076485
IRS990EZ/Form990TotalAssetsGrp/EOYAmt099886
IRS990EZ/GrossReceiptsAmt037111
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt030211
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt076485
IRS990EZ/NetAssetsOrFundBalancesEOYAmt099886
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt076485
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt099886
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LINO CRESSOTTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIKE MONEYMAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVE SHEGOGUE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SCOTT GRANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt010116
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE EXEMPT PURPOSE OF THE ASBESTOS WORKERS LOCAL 24 INDUSTRY ADVANCEMENT AND ADVOCACY FUND IS TO WORK TO PROMOTE A POSITIVE IMAGE OF UNION WORKERS AND CONTRACTORS: TO OWNERS, GOVERNMENT OFFICIALS, PRESENTLY NON-UNION CONTRACTORS AND WORKERS, AND THE GENERAL PUBLIC; TO USE NEWSLETTERS, CONFERENCES, INDUSTRY CELEBRATIONS AND OTHER MEANS TO INFORM PARTICIPATING CONTRACTORS AND THE GENERAL PUBLIC ABOUT ITS ACTIVITIES AND THE OPPORTUNITIES THAT DERIVE FROM THOSE ACTIVITIES; TO OTHERWISE IMPLEMENT THE PURPOSES AND PROVISIONS OF THE LABOR-MANAGEMENT COOPERATION ACT OF 1978 IN THE AREA OF UNION MEMBERS' HEALTH AND SAFETY; AND TO SOLICIT AND OBTAIN FINANCING FOR THE FUND FROM ANY AND ALL LAWFUL SOURCES INCLUDING EMPLOYERS, EMPLOYER ASSOCIATIONS, PRIVATE FOUNDATIONS, THE FEDERAL GOVERNMENT, STATE GOVERNMENTS, AND THE UNION AND ITS AFFILIATES. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE EXEMPT PURPOSE OF THE ASBESTOS WORKERS LOCAL 24 INDUSTRY ADVANCEMENT AND ADVOCACY FUND IS TO WORK TO PROMOTE A POSITIVE IMAGE OF THE UNION WORKERS AND CONTRACTORS: TO OWNERS, GOVERNMENT OFFICIALS, PRESENTLY NON-UNION CONTRACTORS AND WORKERS, AND THE GENERAL PUBLIC; TO USE NEWSLETTERS, CONFERENCES, INDUSTRY CELEBRATIONS AND OTHER MEANS TO INFORM PARTICIPATING CONTRACTORS AND THE GENERAL PUBLIC ABOUT ITS ACTIVITIES AND THE OPPORTUNITIES THAT DERIVE FROM THOSE ACTIVITIES; TO OTHERWISE IMPLEMENT THE PURPOSES AND PROVISIONS OF THE LABOR-MANAGEMENT COOPERATION ACT OF 1978 IN THE AREA OF UNION MEMBERS' HEALTH AND SAFETY; AND TO SOLICIT AND OBTAIN FINANCING FOR THE FUND FROM ANY AND ALL LAWFUL SOURCES INCLUDING EMPLOYERS, EMPLOYER ASSOCIATIONS, PRIVATE FOUNDATIONS, THE FEDERAL GOVERNMENT, STATE GOVERNMENTS, AND THE UNION AND ITS AFFILIATES. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt013710
IRS990EZ/TotalRevenueAmt037111
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 26. DESCRIPTION: PICNIC EXPENSE. AMOUNT: 7,371. DESCRIPTION: REIMBURSEMENTS. AMOUNT: 2,125. DESCRIPTION: MEETING EXPENSE. AMOUNT: 594. TOTAL TO FORM 990-EZ, LINE 16: 10,116.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LINO CRESSOTTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03017252400
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASBESTOS WORKERS LOCAL 24 INDUSTRY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ADVANCEMENT AND ADVOCACY FUND
ReturnHeader/Filer/BusinessNameControlTxt0ASBE
ReturnHeader/Filer/EIN0260615161
ReturnHeader/Filer/PhoneNum03017252400
ReturnHeader/Filer/USAddress/AddressLine1Txt0901 MONTGOMERY STREET
ReturnHeader/Filer/USAddress/CityNm0LAUREL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd0207073411
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232586736
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIEL A WINTERS & COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 DICKINSON DR STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHADDS FORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019317
ReturnHeader/PreparerPersonGrp/PhoneNum06103582000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRAIG D WINTERS CPA
ReturnHeader/ReturnTs02017-02-14T08:58:15-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.97$0.02$2.95$0.34$0.13$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.00$2.91$0.34$0.30$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$1.11$1.44$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$0.42$0.09$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.00$2.88$0.45$0.08$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.00$2.51$1.25$0.10$1.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$0.49$0.13$0.36
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.37$0.14$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.38$0.09$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.33$0.11$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.36$0.08$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.03$0.02$0.08$0.10$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.03$0.01$0.09$0.08$0.00