Civic Intelligence

Plumbers Local 210

990 • Fiscal year 2022 • EIN 32-0047529

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 27, 2023

2901 E 83rd PlaceMerrillville, IN 46410

(219) 942-7224

Siviq Scores

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

Liabilities / Assets

74th percentile

0.17x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.19x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2022

Net Margin

23rd percentile

-7.1%

Higher net margin than 23% of similar nonprofits.

2022 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$201,283

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2022 filings • 501(c)9 • $5M-$10M nonprofits • Source year 2022

Asset Growth

49th percentile

-5.4%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

8.4%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • 501(c)9 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$5,589,133

Down $318,052 (-5.4%) from 2021

Net Assets

Down

$4,632,495

Down $877,049 (-16%) from 2021

Liabilities

Up

$956,638

Up $558,997 (+141%) from 2021

Revenue

Up

$5,105,414

Up $393,582 (+8.4%) from 2021

Expenses

Down

$5,469,503

Down $71,712 (-1.3%) from 2021

Net Income

Up

-$364,089

Up $465,294 (+56%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $6,715,386Liabilities 2019: $692,694Net Assets 2019: $6,022,6922019Assets 2020: $6,466,071Liabilities 2020: $232,005Net Assets 2020: $6,234,0662020Assets 2021: $5,907,185Liabilities 2021: $397,641Net Assets 2021: $5,509,5442021Assets 2022: $5,589,133Liabilities 2022: $956,638Net Assets 2022: $4,632,4952022Assets 2024: $6,463,959Liabilities 2024: $828,847Net Assets 2024: $5,635,1122024

Highlighted filing

2022

Assets$5,589,133
Liabilities$956,638
Net Assets$4,632,495

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $4,361,186Expenses 2019: $4,196,324Net Income 2019: $164,8622019Revenue 2020: $4,491,807Expenses 2020: $4,556,240Net Income 2020: -$64,4332020Revenue 2021: $4,711,832Expenses 2021: $5,541,215Net Income 2021: -$829,3832021Revenue 2022: $5,105,414Expenses 2022: $5,469,503Net Income 2022: -$364,0892022Revenue 2024: $6,549,064Expenses 2024: $5,621,492Net Income 2024: $927,5722024

Highlighted filing

2022

Revenue$5,105,414
Expenses$5,469,503
Net Income-$364,089
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 27, 2023
Return Version
2022v5.0
Gross Receipts
$5,518,325
Mission and Program Overview

Mission

To provide health benefits.

To provide health benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,509,544$4,632,495▼ $877,049
Investments in Publicly Traded Securities$3,779,657$3,139,983▼ $639,674
Cash and Non-Interest-Bearing Accounts$1,102,207$1,161,979▲ $59,772
Accounts Receivable$448,735$541,028▲ $92,293
Land, Buildings, and Equipment, Net$324,204$288,976▼ $35,228
Prepaid Expenses and Deferred Charges$53,566$82,225▲ $28,659
Savings and Temporary Cash Investments$37,454$36,892▼ $562
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,907,185$5,589,133▼ $318,052
Other Assets Total$161,362$338,050▲ $176,688
Liabilities
Other Liabilities$349,588$933,819▲ $584,231
Deferred Revenue$44,659$22,122▼ $22,537
Accounts Payable and Accrued Expenses$3,394$697▼ $2,697
Total Liabilities$397,641$956,638▲ $558,997
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,509,544$4,632,495▼ $877,049
Total Liabilities and Net Assets / Fund Balance$5,907,185$5,589,133▼ $318,052

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$270,621$88,930$359,551
Equipment$18,355$21,997$40,352
Other Assets Org$66,628--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Melody KaluzaFund ManagerPT$145,118$145,118

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Everside Health LLCEmployee Health Provider210 N DAMEN AVE STE F, Chicago, IL 60647$293,723
Allied Benefit Systems INCHealth Claims Processing200 W ADAMS STREET, Chicago, IL 60606$195,138
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,030,041
Investment Income
$73,896
Other Revenue
$1,477
Change in Net Assets
$-364,089

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,096,084
Revenue Not Reported on Financial Statements
$9,330
Revenue Not Reported on Form 990
$-512,960
Total Revenue per Audited Statements
$4,583,124
Total Revenue per Form 990
$5,105,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$199,320
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---$5,270,183
Depreciation Depletion---$42,430
Fees for Services Accounting---$32,272
Fees for Services Other---$25,906
Fees for Services Legal---$20,159
Fees for Service Investment Mgmnt Fees---$9,330
Insurance---$5,722
Other Expenses---$2,823
Office Expenses---$15
Total Functional Expenses$0$0$0$5,469,503

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,469,503
Expenses per Audited Statements$5,460,173
Total Expenses per Audited Statements$5,460,173
Expenses Not Reported on Financial Statements$9,330
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lockbox Contributions Not Yet Remitted$795,437
Due to Related Organization$71,754
Lease Liability$66,628
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 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

Form 990, Part VI, Section A, Line 8B

The organization has no committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to the governing body (board of trustees) for their review. After their review the form is approved and filed.

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

The fund has a conflict of interest policy to help ensure that any actual or potential conflicts of interest are disclosed and addressed on a timely basis. It is the duty of the fund trustees and employees to identify actual or potential conflicts. In connection with an actual or potential conflict, the party-in-interest (or interested party) will immediately disclose to the board of trustees the existence of such conflict. Upon disclosure, the board of trustees will determine if there is in fact a conflict. The board of trustees monitors and enforces compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request at the fund office.

Filing and Contact Details

Filer

Filer Name
Plumbers Local 210
EIN
32-0047529
Phone
2199427224
Address
2901 E 83RD PLACE, MERRILLVILLE, IN 46410

Signing Officer

Name
Salvador Espino
Title
Trustee
Phone
2199427224
Signed
2023-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salvador Espino
Formed
2003
Legal Domicile
In
Voting Board Members
6
Independent Board Members
5
Employees
10
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
222 INDIANAPOLIS BLVD SUITE 103, SCHERERVILLE, IN 46375
Preparer
Adam Simaga
Phone
2198361065
Supplemental Narrative

Additional Explanations

Form 990, Page 1 Line 5, Page 5 Line 2A and Page 10 Line 24

The reporting entity shares an employee with plumbers local union no. 210. The payroll tax filings and form w-2 for these wages are filed by the local union. The welfare fund's share of salary and related expenses for this employee appears on page 10, line 24 as shared employee. The number of employees reported on w-3 for part v question 2a includes the number of plan participants who received third party sick pay from this fund during the year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the plan to evaluate tax positions taken by the plan and recognize a tax liability if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by tax authorities. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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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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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PRESCRIPTION DRUG REBATES AND SUBSIDIES RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST AND DIVIDENDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2STOP LOSS INCOME RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RIGHT OF USE ASSET
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED ORGANIZATION
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE PLAN TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE GOVERNING BODY (BOARD OF TRUSTEES) FOR THEIR REVIEW. AFTER THEIR REVIEW THE FORM IS APPROVED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUND HAS A CONFLICT OF INTEREST POLICY TO HELP ENSURE THAT ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED AND ADDRESSED ON A TIMELY BASIS. IT IS THE DUTY OF THE FUND TRUSTEES AND EMPLOYEES TO IDENTIFY ACTUAL OR POTENTIAL CONFLICTS. IN CONNECTION WITH AN ACTUAL OR POTENTIAL CONFLICT, THE PARTY-IN-INTEREST (OR INTERESTED PARTY) WILL IMMEDIATELY DISCLOSE TO THE BOARD OF TRUSTEES THE EXISTENCE OF SUCH CONFLICT. UPON DISCLOSURE, THE BOARD OF TRUSTEES WILL DETERMINE IF THERE IS IN FACT A CONFLICT. THE BOARD OF TRUSTEES MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE FUND OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE REPORTING ENTITY SHARES AN EMPLOYEE WITH PLUMBERS LOCAL UNION NO. 210. THE PAYROLL TAX FILINGS AND FORM W-2 FOR THESE WAGES ARE FILED BY THE LOCAL UNION. THE WELFARE FUND'S SHARE OF SALARY AND RELATED EXPENSES FOR THIS EMPLOYEE APPEARS ON PAGE 10, LINE 24 AS SHARED EMPLOYEE. THE NUMBER OF EMPLOYEES REPORTED ON W-3 FOR PART V QUESTION 2A INCLUDES THE NUMBER OF PLAN PARTICIPANTS WHO RECEIVED THIRD PARTY SICK PAY FROM THIS FUND DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 1 LINE 5, PAGE 5 LINE 2A AND PAGE 10 LINE 24
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0CONTRIBUTING EMPLOYER
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0A T PLUMBING

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