Civic Intelligence

Ohio Laborers' District Council Ohio Contractor'S Association Insurance

EIN 31-6052984 • 501(c)9 • Westerville, OH

Profile

The mission of the Fund is to provide for eligible members health and welfare benefits through the Fund's market performance.

Refreshing map…

800 Hillsdowne RoadWesterville, OH 43081

www.olfbp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.00x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Net Margin

39th percentile

1.1%

Higher net margin than 39% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

501(c)9 • $100M-$250M nonprofits • Source year 2024

Asset Growth

40th percentile

4.3%

Faster asset growth than 40% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

8.4%

Faster revenue growth than 58% of similar nonprofits.

501(c)9 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$222,329,479

Up $2,152,132 (+1.0%) from 2021

Liabilities

Up

$1,044,375

Up $326,281 (+45%) from 2021

Net Assets

Up

$221,285,105

Up $1,825,852 (+0.8%) from 2021

Revenue

Up

$215,154,384

Up $43,682,590 (+25%) from 2021

Expenses

Up

$212,770,080

Up $40,008,689 (+23%) from 2021

Net Income

Up

$2,384,304

Up $3,673,901 (+285%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $101,415,269Liabilities 2010: $66,242,880Net Assets 2010: $35,172,3892010Assets 2011: $104,197,708Liabilities 2011: $58,126,369Net Assets 2011: $46,071,3392011Assets 2012: $115,153,423Liabilities 2012: $64,656,845Net Assets 2012: $50,496,5782012Assets 2013: $135,036,221Liabilities 2013: $72,509,577Net Assets 2013: $62,526,6442013Assets 2014: $152,669,732Liabilities 2014: $79,726,158Net Assets 2014: $72,943,5742014Assets 2015: $153,944,750Liabilities 2015: $3,136,532Net Assets 2015: $150,808,2182015Assets 2016: $156,933,402Liabilities 2016: $1,373,735Net Assets 2016: $155,559,6672016Assets 2017: $186,285,079Liabilities 2017: $1,248,250Net Assets 2017: $185,036,8292017Assets 2018: $186,523,310Liabilities 2018: $1,100,371Net Assets 2018: $185,422,9392018Assets 2019: $208,943,801Liabilities 2019: $4,126,178Net Assets 2019: $204,817,6232019Assets 2020: $219,085,960Liabilities 2020: $1,634,164Net Assets 2020: $217,451,7962020Assets 2021: $220,177,347Liabilities 2021: $718,094Net Assets 2021: $219,459,2532021Assets 2024: $222,329,479Liabilities 2024: $1,044,375Net Assets 2024: $221,285,1052024

Highlighted filing

2024

Assets$222,329,479
Liabilities$1,044,375
Net Assets$221,285,105

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $99,504,5902010Expenses 2011: $90,289,1862011Expenses 2012: $106,864,6982012Revenue 2013: $115,763,031Expenses 2013: $107,021,863Net Income 2013: $8,741,1682013Revenue 2014: $127,320,770Expenses 2014: $119,687,945Net Income 2014: $7,632,8252014Revenue 2015: $132,464,283Expenses 2015: $126,579,577Net Income 2015: $5,884,7062015Revenue 2016: $144,803,052Expenses 2016: $144,446,856Net Income 2016: $356,1962016Revenue 2017: $163,458,854Expenses 2017: $143,160,182Net Income 2017: $20,298,6722017Revenue 2018: $167,113,741Expenses 2018: $158,637,776Net Income 2018: $8,475,9652018Revenue 2019: $174,590,692Expenses 2019: $172,352,893Net Income 2019: $2,237,7992019Revenue 2020: $161,870,584Expenses 2020: $161,116,035Net Income 2020: $754,5492020Revenue 2021: $171,471,794Expenses 2021: $172,761,391Net Income 2021: -$1,289,5972021Revenue 2024: $215,154,384Expenses 2024: $212,770,080Net Income 2024: $2,384,3042024

Highlighted filing

2024

Revenue$215,154,384
Expenses$212,770,080
Net Income$2,384,304

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$222$1.04$221$215$213$2.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$220$0.72$219$171$173$1.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$219$1.63$217$162$161$0.75
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$209$4.13$205$175$172$2.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$187$1.10$185$167$159$8.48
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$186$1.25$185$163$143$20.3
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$157$1.37$156$145$144$0.36
2015Detailed filing. Detailed filing data is available for this year.$154$3.14$151$132$127$5.88
2014Detailed filing. Detailed filing data is available for this year.$153$79.7$72.9$127$120$7.63
2013Detailed filing. Detailed filing data is available for this year.$135$72.5$62.5$116$107$8.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$64.7$50.5$107
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$104$58.1$46.1$90.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$66.2$35.2$99.5
Latest Detailed Filing

The latest 2024 filing currently has an XML import problem. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.0
Gross Receipts
$205,662,271
Mission and Program Overview

Mission

The Fund's purpose is to provide its members and their families health and welfare benefits. For 2020 members served was approximately 14,500.

The Fund's purpose is to provide for members health and welfare benefits through the Fund's market performance. For 2016 members served was aproximately 14,500

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$185,422,939$204,817,623▲ $19,394,684
Investments in Publicly Traded Securities$156,893,837$179,874,622▲ $22,980,785
Savings and Temporary Cash Investments$13,659,037$16,506,262▲ $2,847,225
Accounts Receivable$11,329,823$10,011,370▼ $1,318,453
Cash and Non-Interest-Bearing Accounts$3,824,335$2,180,302▼ $1,644,033
Prepaid Expenses and Deferred Charges$436,069$371,245▼ $64,824
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$186,523,310$208,943,801▲ $22,420,491
Other Assets Total$380,209$0▼ $380,209
Liabilities
Accounts Payable and Accrued Expenses$1,097,321$4,126,178▲ $3,028,857
Other Liabilities$3,050$0▼ $3,050
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,100,371$4,126,178▲ $3,025,807
Net Assets / Fund Balance
Total Net Assets Fund Balance$185,422,939$204,817,623▲ $19,394,684
Total Liabilities and Net Assets / Fund Balance$186,523,310$208,943,801▲ $22,420,491
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert RichardsonChairman
Bruce HuffBoard member
Ralph ColeBoard Member
Robert McCaskillBoard Member
Scott ErickBoard Member
William OrrBoard Member
James RuhlinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$169,972,557
Investment Income
$4,376,613
Other Revenue
$241,522
All Other Contributions
$0
Change in Net Assets
$2,237,799

Audited Revenue Reconciliation

Revenue per Audited Statements
$174,590,692
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,156,885
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$191,747,577
Total Revenue per Form 990
$174,590,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,825,465
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
Benefits to Members$162,527,428--$162,527,428
Fees for Services Management$0$9,061,015$0$9,061,015
Fees for Service Investment Mgmnt Fees$0$350,991$0$350,991
Fees for Services Legal$0$188,666$0$188,666
Office Expenses$0$143,969$0$143,969
Fees for Services Accounting$0$47,200$0$47,200
Insurance$0$31,519$0$31,519
Payment Travel Entrtnmnt Publicly Ofcl$0$2,105$0$2,105
Total Functional Expenses$162,527,428$9,825,465$0$172,352,893

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$172,352,893
Total Expenses per Audited Statements$172,352,893
Total Expenses per Form 990$172,352,893
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, line 9

| Name of the person:, Address of the person:| Robert Richardson, LiUNA OVSS Regional Office, 2135 Dana Ave, Suite 240, Cincinnati, OH, 45231| James Rhulin, The Ruhlin Company, 6931 Ridge Road, Sharon Center, OH, 44274| Ralph Cole, Laborers District Council, 152 Dorchester Square, Westerville, OH, 43081| Bruce Huff, The Harper Company, 1648 Petersburg Rd PO Box 420, Hebron, KY, 41048| Robert McCaskill, Laborers Local #423, 2625 Winchester Pike, Columbus, OH, 43232| Mitch Trucco, Trucco Construction, 3531 Airport Rd, Delaware, OH, 43015| Bill Orr, Laborers Local #894, 720 Wolf Ledges Parkway, Akron, OH, 44311| Scott Erick, Kokosing Construction, PO Box 226, Fredericktown, OH, 43019|

Part VI, Section B, Line 11A

The timing of the Trustee meetinings will not allow for this to take place. A copy will be made available to all Trustees as soon as possible.

Part VI, Section B, Line 11B

The 990 is completed by a staff accountant using the audited financial statements and is reviewed by the controller before submitted.

Part VI, Section B, Line 12C

The governing body is requested to disclose any interest that may give rise to conflicts of the Fund. The organization monitors by inquiring of trustees at each of the Fund's quarterly meetings.

Part VI, Section C, Line 19

The form 990, the independently audited financial statements, the "conflict of interest" policy and the minutes to the trustee board meetings are made available to the public and may be reviewed and copied upon request.

Filing and Contact Details

Filer

Filer Name
Ohio Laborers Disctict Council Ohio Contractors Association
EIN
31-6052984
In Care Of
% Matt Archer
Phone
6148989006
Address
800 Hillsdowne Road, Westerville, OH 43081
Doing Business As
OLDC-OCA Insurance Trust Fund

Signing Officer

Name
Ralph Cole
Title
Business Manager
Phone
6148959002
Signed
2020-07-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Matt Archer
Formed
1963
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0
Raw XML AppendixShowing 400 of 554 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
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IRS990/BooksInCareOfDetail/PhoneNum06148989006
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0800 Hillsdowne Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Westerville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043081
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IRS990/CashNonInterestBearingGrp/BOYAmt03824335
IRS990/CashNonInterestBearingGrp/EOYAmt02180302
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
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IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
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IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0162527428
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04376613
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IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0172352893
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0174590692
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
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IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
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IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
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IRS990/ExpenseAmt0162527428
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0350991
IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/PersonNm1Bruce Huff
IRS990/Form990PartVIISectionAGrp/PersonNm2Scott Erick
IRS990/Form990PartVIISectionAGrp/PersonNm3Ralph Cole
IRS990/Form990PartVIISectionAGrp/PersonNm4William Orr
IRS990/Form990PartVIISectionAGrp/PersonNm5James Ruhlin
IRS990/Form990PartVIISectionAGrp/PersonNm6Robert McCaskill
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
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